Cathie Wood Believes the Fed Is Making a Mistake

Seeking Alpha2022-09-08

The innovation themed asset manager Cathie Wood believes that Jerome Powell and the Federal Reserve are miscalculating the outlook on inflation by increasing rates at such a steep pace.Woodtweetedout:...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Tchwee56
2022-09-08
Tchwee56
Like
Tchwee56
2022-09-08
Tchwee56
Like
RieslingHawk
2022-09-08
RieslingHawk
Lousiest fund manager ever
- Tchwee56:
  Lke
Hcee
2022-09-08
Hcee
Maybe it is her that made mistakes?
- aureliapy:
  trueeee

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1103135104?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-09-08 19:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1103135104","market":"other","top_or_hot":-1,"title":"Cathie Wood Believes the Fed Is Making a Mistake","media":"Seeking Alpha","content":"<div>\n<p>The innovation themed asset manager Cathie Wood believes that Jerome Powell and the Federal Reserve are miscalculating the outlook on inflation by increasing rates at such a steep pace.Woodtweetedout:...</p>\n\n<a href=\"https://seekingalpha.com/news/3881140-cathie-wood-believes-the-fed-is-making-a-mistake\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Believes the Fed Is Making a Mistake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Believes the Fed Is Making a Mistake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3881140-cathie-wood-believes-the-fed-is-making-a-mistake><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The innovation themed asset manager Cathie Wood believes that Jerome Powell and the Federal Reserve are miscalculating the outlook on inflation by increasing rates at such a steep pace.Woodtweetedout:...</p>\n\n<a href=\"https://seekingalpha.com/news/3881140-cathie-wood-believes-the-fed-is-making-a-mistake\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKK","symbol_name":"ARK Innovation ETF","start_time":0,"source_url":"https://seekingalpha.com/news/3881140-cathie-wood-believes-the-fed-is-making-a-mistake","article_id":"1103135104","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103135104","pubTimestamp":1662636256,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"The innovation themed asset manager Cathie Wood believes that Jerome Powell and the Federal Reserve ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKK":"ARK Innovation ETF"},"translate_title":"凯茜·伍德认为美联储犯了一个错误","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKK":0.9},"content_text":"The innovation themed asset manager Cathie Wood believes that Jerome Powell and the Federal Reserve are miscalculating the outlook on inflation by increasing rates at such a steep pace.Woodtweetedout: “Powell is using Volcker’s sledgehammer and, I believe, making a mistake.”Wood continued with: “The Fed is basing monetary policy decisions on lagging indicators: employment and core inflation. Leading inflation indicators like gold and copper are flagging the risk of deflation. Even the oil price has dropped more than 35% from its peak, erasing most of the gain this year.”For the upcoming September 21stFed meeting futures are now pricing in an 82% chance that markets will see a 75-basis point hike compared to the 18% that are factoring a 50% rate hike.It was just a month ago when markets were pricing in a 68% chance of a 75-basis point hike. Powell’s hawkish rhetoric delivered at the Jackson Hole economic symposium caused 14% swing, sending the target rate probability to 300-325 basis points for the upcoming Fed meeting.Cathie Wood’s innovative ETFs along with their year-to-date price action: (NYSEARCA:ARKK)-57.2%, (NYSEARCA:ARKW)-57.9%, (ARKF)-58.2%, (BATS:ARKG)-43.6%, (BATS:ARKQ)-35.7%, and (ARKX)-26.3%.While Wood may believe the Fed is making a mistake, Seeking Alpha contributor Rida Morwa highlighted that hikes are coming and will not stop until the Fed thinks it has beaten what it first denied existed -persistent inflation.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9938547469,"gmtCreate":1662643033451,"gmtModify":1676537107895,"author":{"id":"3569457005614885","authorId":"3569457005614885","name":"Tchwee56","avatar":"https://static.tigerbbs.com/cf5f966c61e6a7efe5375ef68070f8d0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3569457005614885","authorIdStr":"3569457005614885"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938547469","repostId":1103135104,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9938547543,"gmtCreate":1662643028182,"gmtModify":1676537107885,"author":{"id":"3569457005614885","authorId":"3569457005614885","name":"Tchwee56","avatar":"https://static.tigerbbs.com/cf5f966c61e6a7efe5375ef68070f8d0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3569457005614885","authorIdStr":"3569457005614885"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938547543","repostId":1103135104,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9938527387,"gmtCreate":1662639742349,"gmtModify":1676537106941,"author":{"id":"3578973717832794","authorId":"3578973717832794","name":"RieslingHawk","avatar":"https://static.tigerbbs.com/a5390eacc9599c6447d4c42f983fcc76","vip":1,"hat":"https://static.tigerbbs.com/d30fc324d24ff33075e053005564f0df","crmLevel":2,"crmLevelSwitch":1,"idStr":"3578973717832794","authorIdStr":"3578973717832794"},"htmlText":"Lousiest fund manager ever&nbsp;","listText":"Lousiest fund manager ever&nbsp;","text":"Lousiest fund manager ever","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938527387","repostId":1103135104,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":103829228,"gmtCreate":1662643022853,"gmtModify":1662643022853,"authorId":3569457005614885,"author":{"id":3569457005614885,"idStr":"3569457005614885","authorId":3569457005614885,"name":"Tchwee56","avatar":"https://static.tigerbbs.com/cf5f966c61e6a7efe5375ef68070f8d0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9938527387,"type":1,"supId":0,"prevId":0,"content":"Lke","text":"Lke","html":"Lke"}],"langContent":"EN"},{"id":9938568663,"gmtCreate":1662636785952,"gmtModify":1676537106322,"author":{"id":"3582091436806594","authorId":"3582091436806594","name":"Hcee","avatar":"https://static.tigerbbs.com/25691c3778284b9d2886651b3876e2a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582091436806594","authorIdStr":"3582091436806594"},"htmlText":"Maybe it&nbsp;is her that made mistakes?","listText":"Maybe it&nbsp;is her that made mistakes?","text":"Maybe it is her that made mistakes?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9938568663","repostId":1103135104,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":103828517,"gmtCreate":1662639261972,"gmtModify":1663258469545,"authorId":4122870748721992,"author":{"id":4122870748721992,"idStr":"4122870748721992","authorId":4122870748721992,"name":"aureliapy","avatar":"https://community-static.tradeup.com/news/d697489b07375cc120656938029c9069","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9938568663,"type":1,"supId":0,"prevId":0,"content":"trueeee","text":"trueeee","html":"trueeee"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":33,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1103135104"}