Cathie Wood Predicts Recession To Hit US Economy This Year, Says Fed ‘Overdid’ Interest Rate Hikes

ARK Invest’s Cathie Wood says a recession will hit the US in 2024 due to what she believes was overly aggressive interest rate hiking from the Federal Reserve. In a new YouTube update, Wood says that the US is already in a “rolling recession,” or a downturn that affects certain sections of the economy at...