1056 days ago
[Friday cartoon] ARKK haters taking a victory lap but long term investors still winning !
It's been a rough couple of months for Cathie Wood's ARKK ETF but the 5-year performance speaks for itself - and maybe the 10-year one will too?
1057 days ago
Source: www.zerohedge.com,Bloomberg
1058 days ago
"The scramble is more today than what we've seen in any other cycle," Wood said, predicting that "we will have a very serious correction in commodity prices" once the global economy fully reopens.
Deflation, rather than inflation, will likely be the dominant theme in global markets in the years ahead due to technological innovation, Wood said. Yields for the benchmark 10-year Treasury will likely stay within a range between 1.5% and 3%, she said, while oil prices are unlikely to go above $70 per barrel.
1064 days ago
The ARK Innovation ETF has recently pulled back 30% and people are worrying. What they tend to forget is that the ETF was up over 350% in a little less than a year. This small correction does not seem so bad, when looking at the bigger picture.
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