There's something rotten on Wall Street, and we're not talking about Elon Musk's acting chops.
Cathie Wood has been a red-hot, A-list star of high finance since the onset of the pandemic. But there's been a mass sector rotation strategy going on, and Wood's Ark is taking on a lot of water…
Shares of her Ark Innovation ETF shot into the stratosphere from March 2020 lows of $37.85 to a high of $159.70 in February 2021. So the ETF's portfolio reads like a who's-who of growth tech darlings like Tesla, Teladoc Health and Roku.
Everybody loves a winner… And for most of the year, Wood has been on one heck of a winning streak. But as Future of Wealth Head Trader Lance Ippolito is about to explain, winning streaks eventually come to an end. And this streak is the victim of a sector rotation strategy that began in February…
|
0 Response to "The Fed Has Been Lying to You: Inflation Is Here — in a BIG Way"
Post a Comment