Cathie Wood Expects To See ‘Significant Downturn’ in Inflation in 6 Months

9 November 2022

Star stock picker Cathie Wood of Ark Invest on Tuesday again suggested that the U.S. economy will soon experience deflation and said that the reported acquisition of crypto exchange FTX.com will boost its remaining competitors. Wood, who has a significant position in crypto exchange Coinbase Global, said in a webinar that the crypto industry…

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