• Cathie Wood sounds the alarm on risk of US recession and 'serious slowdown' in China

    4 monthes ago - By Business Insider

    Catherine Wood, chief executive officer and chief investment officer, Ark Invest, speaks during the Milken Institute Global Conference on October 19, 2021 in Beverly Hills, California. Patrick T. Fallon/Getty Images Patrick T. Fallon/Getty Images
    Ark Invest's Cathie Wood is sounding the alarm on a possible US recession and Chinese slowdown.
    In a quarterly letter to investors, Wood said the yield curve flattening may signal a recession.
    She said a downturn would put innovation stocks championed by Ark in "deep value territory."
    Sign up here for our daily newsletter, 10 Things Before the...
    Read more ...