Warning: ARK Invest’s Funds Could Crash (Due to Inflation)

The #arkinvest funds managed by #cathiewood have been dropping since the #federalreserve announced that they would begin raising #interestrates last November. ARK Invest’s funds, including #arkk (Cathie Wood’s flagship innovation fund) and #arkg, ARK Invest’s genomic revolution fund, are very sensitive to rising interest rates. But Federal Reserve Chairman Jerome Powell just announced that they could raise interest rates more than expected. What does this mean for ARK Invest’s funds? What about their top holdings like #tesla stock ( #tsla stock )? Are the growth stocks they hold still among the best stocks to buy now?

? Resources & References ?
Resisting Recession | ITK with Cathie Wood (ARK Invest Founder and CIO): https://www.youtube.com/watch?v=Dr_QkSacr-U

Powell’s ‘hawkish’ Jackson Hole speech hammers the markets (CNBC Reaction): https://www.youtube.com/watch?v=EJAIQva5GTk

Fed’s Powell warns of ‘some pain’ ahead as central bank fights inflation: https://www.youtube.com/watch?v=mWCV6TBXIKc

ARK Invest Innovation ETF (ARKK) ▶ https://ark-funds.com/arkk
ARK Invest Genomic Revolution ETF (ARKG) ▶ https://ark-funds.com/arkg
ARK Invest Autonomous Technology & Robotics ETF (ARKQ) ▶ https://ark-funds.com/arkq
ARK Invest Next Generation Internet ETF (ARKW) ▶ https://ark-funds.com/arkw
ARK Invest Fintech Innovation ETF (ARKF) ▶ https://ark-funds.com/fintech-etf

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