Published on 15 Nov 2022 on MoneyWise via Yahoo Finance
‘The set-up will be more like 1929’: Cathie Wood just warned of another ‘Great Depression’ if the...
‘The set-up will be more like 1929’: Cathie Wood just warned of another ‘Great Depression’ if the Fed keeps ignoring these signals — here are 3 safe haven sectors for proven protection
The U.S. Federal Reserve has been raising interest rates aggressively in an effort to bring inflation under control. According to Ark Invest’s Cathie Wood, this could have serious consequences.
In a series of tweets on Saturday, Wood compares the current situation to events that led up to the Great Depression.