ARK Funds Continue to Struggle. Investors Are Leaving Rapidly.
After a brief bounceback in 2023, Cathie Wood’s exchange-traded funds continued to suffer this year. Investors are losing their patience. So far this year, investors have pulled $2.2 billion out of the six actively managed ARK ETFs, more than the asset outflows the funds have seen for the entire 2022 and 2023 combined. That’s left
Opinion: Is Nvidia today’s Cisco? Here’s what Ed Yardeni thinks.
“Is Nvidia today’s Cisco? It’s possible. If so, then it has a lot more upside before it crashes — if it crashes.” Is it possible that the meltup phase of the bull market (which started on Oct. 12, 2022) has begun already — having started following the correction low on Oct. 27, 2023? Yes, it