Cathie Wood’s Dire Warning To The Fed, Warns Of Deflation
Cathie Wood, the CEO and CIO of Ark Invest, claims that the Federal Reserve is causing deflation. The Federal Reserve is engaging in quantitative tightening to combat inflation in the United States. In doing so, the Fed has all but ensured a global stock market crash. However, Catherine Wood of ARK investments is questioning the Fed’s hawkish stance. In an open letter, she claims that the Fed’s policy guidance will result in deflation. Wood is not the only notable figure...