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Congratulations to Cathie Wood for losing $14.3 billion over the past decade, more than any other fund manager according to Morningstar. chart The Wall Street Journal reports Cathie Wood’s Popular ARK Funds Are Sinking Fast Cathie Wood’s investors are jumping ship. They rushed into her funds and won big during the pandemic, when the star fund manager ...
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The Federal Reserve will not bring interest rates back down to their post-financial crisis lows, according to veteran investor Howard Marks — and he believes that’s a good thing. “The U.S. economy is doing quite well, and so it’s not clear that it requires stimulus,” Marks told CNBC’s Frank Holland on Tuesday. The current federal funds target rate of 5.25% ...
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