Cathie Wood Defends Strategy: Innovation 'Solves Problems'


The inventory market has left a path of tears this yr, particularly over the previous week, with the S&P 500 falling right into a bear market.

The celebrated investor Cathie Wood has seen her Ark Investment Management exchange-traded funds tumble, as their disruptive expertise shares have been hammered by roaring inflation and hovering rates of interest.

She stays dedicated to her technique. 

If Wood had identified a yr in the past in regards to the coming conflict in Ukraine and the persevering with supply-chain turmoil attributable to China’s covid lockdown, she would have acted in another way, she stated in a June 14 webinar.