Cathie Wood Rolls Her Eyes As Jim Cramer Asks Her To Shut Down
On CNBC last month, Jim Cramer gave the fund manager a suggestion: "Memo to Cathie Wood, close your fund." Wood fired both barrels back at the gadfly.
On CNBC last month, Jim Cramer gave the fund manager a suggestion: "Memo to Cathie Wood, close your fund." Wood fired both barrels back at the gadfly.
“Bonds are very risky right now,” said Campbell Harvey, a finance professor at Duke University who pioneered the yield-curve prediction tool.
"I think this kind of crazy speculation in enterprises not even found or picked out yet, is a sign of an irritating bubble."
Across Wall Street, strategists ransack their playbooks for ways to position for a sharp recovery out of the pandemic as the Fed stays hot.
At 90, one of the greatest investors of all time urges a new generation to maintain "inner calm" and trust the greatness of American innovation.
Singer exuded frustration at what he sees as the hysteria driving everything from Bitcoin to government debt -- a “return-free risk,” he complained.
Because niche opportunities are limited and Wood has been so successful at attracting new cash, much of it floods into the same companies.