ARK's Wood sees global recession, blames market selloff on Fed hike plan - Reuters.com
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5/10/2022 12:00:00 AM3 years 9 months ago
The global economy is in recession and recent stock market volatility is a sign investors believe that the Federal Reserve's plan to continue hiking interest rates is too aggressive, star stock picker Cathie Wood said in a webinar on Tuesday.
NEW YORK, May 10 (Reuters) - The global economy is in recession and recent stock market volatility is a sign investors believe that the Federal Reserve's plan to continue hiking interest rates is too… [+1944 chars]
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