Cathie Wood’s Ark Innovation ETF $ARKK is down about 60% this year, and yet it still managed to draw $1.3 billion inflows (top 3% of all ETFs)
Here’s why investors are standing by her (h/t @ToddRosenbluth for insight)
https://t.co/ozV3hjTZsT
Cathie Wood's $ARKK is up 13%, on track to post its BEST DAY EVER!
The big relief rally came after CPI report showed signs of easing inflation. $U, $NVTA and $PACB all jumped over 20%. Her biggest holdings $ZM, $TSLA, $ROKU also up big 📈📈📈
https://t.co/OLp5MZCQWO
Jamie Dimon is a fan of @TedLasso & has a "Believe" sign on 41st floor of @jpmorgan HQ .... Dimon wraps up Investor Day with a story about showing gratitude to his direct reports : "I had to confess I wasn't particularly good at it."
A key part of the yield curve just inverted, sending a recession signal. What does it mean for stocks?
There have been 7 inversions since 1976, and the S&P 500 has gained about 13% on avg. one year after the initial occurrence, per @bespokeinvest
https://t.co/XdTxJfnuia
New: @amazon is renewing deals w/ @Chase and @Visa for its uber-popular Prime rewards card after soliciting bids from @AmericanExpress, @Mastercard and others, ending months of tense negotiations, @CNBC reports exclusively. 💳👇
https://t.co/QaLgGmG0Rh
It’s hard to talk about "women in investing" without mentioning @CathieDWood
The first woman to run the largest actively managed ETF, she said she attributes any professional marginalization to her contrarian views rather than her gender. @ARKInvest
https://t.co/18buVbz99A