Reported 6 months ago
In a recent article on MarketWatch, Cathie Wood, the CEO and CIO of ARK Invest, mentioned that the current search for cash and safety in the equity markets is as intense as during the Great Depression in the 1930s. Wood believes that once fear dissipates, the market will broaden out and reward risk-taking again. She also highlighted the concentration in the market and pointed to a potential broadening of market gains once interest rates start coming down. Additionally, the article discussed the impact of rising interest rates on market performance and mentioned some notable stock market tickers and developments in the financial world.
Source: YAHOO