Stock Groups

Cathie Wood has a warning about traditional growth stocks

Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, September 13, 2021.

Reuters Innovation Investor Cathie Wood suggested that she may prefer to have a near 1% yielding government bond over some of America’s biggest market-cap companies in the coming decade.| Reuters

Innovation investor Cathie Wood implied that she might rather choose to own a government bond yielding near 1% over some of the U.S.’s largest market-cap companies over the next decade.

Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.