looks lame and self-serving:
blaming the Fed for being too focused on Inflation and employment (their mandate !) is insane.
Obviously, Kathy Wood is talking up her book – she desperately needs lower rates to improve the performance of her struggling Ark Fund,
Her Ark fund is down 62% YTD!
One of the worst performing funds globally.
Kathy why wouldn’t you show some humility and acknowledge that buying a growth company doesn’t imply buying a stock that would advance.