Cathie Wood.Rebecca Blackwell/AP Photo Ark Invest's Cathie Wood and Wharton professor Jeremy Siegel both think we're already in a recession. "I think we're actually in a mild recession," Siegel told CNBC, saying the economy likely contracted in the first half of the year. Both also pointed to indications that inflation may be easing as well. Ark Invest CEO Cathie Wood and Wharton School of Business professor Jeremy Siegel both agree that we're already in the middle of a recession.While recession warnings have been piling up in recent weeks, most of them have a timeline of one or two years in the future.
Similar Stories to Cathie Wood And Jeremy Siegel Both Say That We're Already In A Recession While Inflation Shows Signs Of Easing on Bing News
bevans@insider.com (Brian Evans), Business Insider
Tue, 06/28/2022 - 9:07am
Topics: i think we i think we rebecca blackwell/ap photo ark invest's cathie ark invest ceo cathie wharton school cnbc tuesday target walmart labor statistics jay powell fed business insider wood i jeremy siegel cnbc business recession inflation signs of easing consumer economy high inventories quarter professor mild told year contracted typically data problem supply pointed added prices
BING NEWS:
- Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund
Investors are ramping up outflows from Cathie Wood's ARK funds after a three-year decline. The suite of ARK ETFs has seen net outflows of $2.2 billion so far this year, triple the outflows in 2023.
04/23/2024 - 9:07 am | View Link - Cathie Wood Has Good News on Gas Prices, Stands by Tesla Bet
Wood said the money supply is falling at an alarming rate. Renowned Wharton emeritus finance professor Jeremy Siegel told her ... ETF (ARKK) . Other signs of recession are excess inventories ...
12/13/2022 - 10:17 am | View Link - Cathie Wood: The Problem is Deflation, not Inflation
So it’s “prime time” for her strategy, Wood said. The recent drop of commodity prices proves that the risk from here is deflation rather than inflation, Wood said. Some commodity prices have ...
11/8/2022 - 8:27 am | View Link - More
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