Cathie Wood's ARK: Will It Thrive Again as Rates Drop?
Briefly

Investors in ARK ETFs face tough decisions as they've missed recent tech gains, prompting cash outflows from funds like ARK Innovation ETF, a market underperformer.
Lower interest rates alone might not spark a bull run for ARK ETFs, though AI and new tech could provide specific holdings with potential for improved performance.
Recent Fed rate cuts raise questions about whether Cathie Wood's ARKK can rebound from its sell-off, or if old trends will persist despite lower borrowing costs.
Market underperformance in ARKK was exacerbated by anticipation of higher rates; however, the recent cuts have led to a slight uptick in shares, sparking renewed interest.
Read at 24/7 Wall St.
[
]
[
|
]