Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., February 5, 2018. Reuters/Brendan McDermidReuters/Brendan McDermid Invesco chief global market strategist said the market could be on course for a correction in 2022. The spread of the Omicron variant and the Fed’s plan to normalize monetary policy could weigh… Continue reading Strategist from a $1 trillion asset manager predicts market correction and swift recovery as 2022 looks to be a bumpy ride
Cathie Wood’s flagship Ark ETF slides 7% amid interest rate spike as underperformance spills into 2022
Drew Angerer/Getty Images Ark Invest’s no-good 2021 spilled into 2022 with a 7% decline in its flagship fund on Tuesday.The ETF was slammed by a continued sell-off in growth stocks amid a spike in bond yields.Probabilities of a potential interest rate hike by the Federal Reserve this March spiked to 63%.Sign up here for our… Continue reading Cathie Wood’s flagship Ark ETF slides 7% amid interest rate spike as underperformance spills into 2022
Recent Post
