“Everyone Will Be Wiped Out In 30 Days” – Cathie Wood Last WARNING and latest interview on recession, inflation, portfolio, bitcoin, crypto and stock market
Ark Invest CEO Cathie Wood and Wharton School of Business professor Jeremy Siegel both agree that we’re already in the middle of a recession.
While recession warnings have been piling up in recent weeks, most of them have a timeline of one or two years in the future. But in separate appearances on CNBC Tuesday, Wood and Siegel said it is happening now, while inflation is showing signs of easing.
“We think we are in a recession, and we think a really big problem out there is inventories — the increase of which I’ve never seen this large in my career,” Wood said.
She pointed to retail giants like Target and Walmart, which typically have well managed supply chains but have warned recently they are struggling with high inventories, indicating the size and scope of the problem is bigger throughout the sector.
To offload excess inventories, retailers will have to cut prices. And Wood reiterated her view that the current period of high inflation will set up the economy for deflation, or falling prices.
About Cathie Wood:
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world’s largest actively traded ETF that focuses on disruptive technologies.
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world’s largest actively traded ETF that focuses on disruptive technologies.
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ARK Invest
Keeping At IT | ITK with Cathie Wood
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#Recession #Inflation #Investing
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The love of it all is the fee which is very important 💻
Thank you for helping us who learnt the hard way..
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thanks for putting a big smile on my face
now, I can access my funds/money now
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This woman is doing the devil’s work.
She’s clueless as per
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The market cycle still hasn't met its balance, we keep going round in circles while waiting for that bullish run on a great support. However, in the mean time we could always ignore the market ups and downs and stay fully invested. Big thanks to Alice Lily for helping me earn over 13 btc by implementing her method and following her guide.
It<make sense,BTC and Crypto is off helping to regulate,rather than pretend it won't ever happen. The institutions getting in is the catalyst that will lunch us into the stratosphere.most people don't like change but after the change is made the grow used to it and it becomes a non issue usually because their fears never metarialize.the projects that initiated the process of regulation have not been ruined,they got involved in setting guidelines and helping the regulators understand the crypto space. I'd get involved more knowing that I have made over 7 btc and 15ETH from day-trade…
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he gave me the right tools to invest and make profit and I really appreciate.
he gave me the right tools to invest and make profit and I really appreciate.
Deflation increases the value of our currency. How can that ever be bad? 🤷🏻♀️
click bate…
Cathy Wood wrong is wrong, bad thing is she dosen't admit and keep going on the wrong direction, bloody lessen should be learned by everyone.
Holochain ❤️❤️❤️
Only thing deflating are her asset prices. She confused asset price bubble pops with deflation.
Ms. Wood was off on her rate hike prediction, the 75 point increase in September was a given as the Fed had strongly indicated it. The next hike will be at least .50 but I'm expecting .75 out of the buffoons. Interest rates should have been adjusted when the housing market recovered to it's original values premarket crash of 2007, but no they had to let values rocket to new all time highs and create yet another bubble. This horseshit isn't even economics 101 it's kindergarten, the bizillion dollar question is why do real estate lending (FEDS BANKERS) keep building and destroying the economy?
How is Fed rate of 4% “extremely aggressive”?
When the FED under Volker took interest rates to 20% in 1982
🤷🏼♂️
Cathy wood is out of fashion
The best view comes after the hardest climb. And the best recovery comes after meeting the best person in hacking whom I referred to in my name.
The best view comes after the hardest climb. And the best recovery comes after meeting the best person in hacking whom I referred to in my name.
The best view comes after the hardest climb. And the best recovery comes after meeting the best person in hacking whom I referred to in my name.
3 weeks gone and see u by next week
Week left let's see click bait dogcrap
Short?
Been 30 days
30 days later….😂😂😂😂😂😂😂
One Month is over. Nobody is wiped out.
Hi. It's been more than 30 days. Can you delete the click bait please?
She was wrong