Cathie Wood says inflation is unwinding and will surprise on the low side of expectations
February 01, 2023 at 10:44 AM EST
Cathie Wood, the founder and chief executive officer of Ark Investment Management, said the inflation is unwinding after surging to a 40-year high over the past year, and a significant meltdown in the bond market in 2022 means the Federal Reserve is close to the end of its tightening cycle.