Uh Oh !! Cathie Wood Predicts “Reality Check” (Sell-Off) – 5 High-Yield Dividend Safety Stocks
Cathie Wood expects a market 'shudder' next year as U.S. interest rates rise, but remains optimistic on innovation-driven growth in AI, robotics, blockchain, and healthcare.
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Uh Oh !! Cathie Wood Predicts “Reality Check” (Sell-off) – 5 High-Yield Dividend Safety Stocks
Following in the footsteps of David Solomon at Goldman Sachs and Jamie Dimon at JPMorgan, Ark Investments guru Cathie Wood recently warned of the potential for a reality check for the stock market after the massive Artificial Intelligence rally that has driven the major indices to all-time highs over the last three years. Of course, “Reality Check” is Wall Street word salad for a sell-off and a potential correction. While she doesn’t see an AI b…
Investor Cathie Wood predicts a 'shudder' in Big Tech valuations, saying higher rates may test investor faith
Investor Cathie Wood said the U.S. economy may be in for a “shudder” as it adjusts from an environment of decreasing interest rates to one where interest rates are rising. Wood, the CEO of ARK Invest, said sometime in the next year there will be a shift toward rising interest rates, even as the Fed is widely predicted this week to cut rates for the second time this year. When this happens, “there will be a shudder,” Wood told CNBC, even though h…
Why tech evangelist Cathie Wood predicts a ‘shudder’ in markets next year.
Wood foresees a reality check on AI valuations at some point but she does not think we’re in a bubble. Article Attribution | Read More at Article Source The post Why tech evangelist Cathie Wood predicts a ‘shudder’ in markets next year. appeared first on RocketNews.
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