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(CNBC)   Judging by her track record with ARK Invest, I now doubt the existence of Recessions   (cnbc.com) divider line
    More: Obvious, Inflation, Recession, CEO Cathie Wood, power of inflation, active fund Ark Innovation ETF, consumer price index, Deflation, popular investor  
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544 clicks; posted to Business » on 28 Jun 2022 at 10:48 AM (22 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-06-28 10:36:53 AM  
7 votes:
Yes the economy is so bad they still can't fill all the jobs out there where business is producing and producing and produce if.

Meanwhile, the poor investor class isn't making shiat on their investments now so obviously the economy is goners
 
2022-06-28 10:49:57 AM  
6 votes:
Well, she is certainly in a recession.
 
2022-06-28 11:50:53 AM  
5 votes:
"We are dedicated completely to disruptive innovation. Innovation solves problems."

Nope. Disruptive innovation creates problems. That's what disruptive means.

The idea is that the disrupters make big profits by disrupting the status quo. They couldn't care less about the mess they make or the lives and companies they ruin. In fact much of the time they take the money and run, leaving chaos in their wake.
 
2022-06-28 12:52:49 PM  
5 votes:
If I lost as much investor money as Cathie Wood I would also be looking to blame exogenous factors
 
2022-06-28 1:14:19 PM  
4 votes:
Cathie Wood joins a long list of investment gurus who were smarter than everyone else until they weren't.
 
2022-06-28 11:44:29 AM  
3 votes:
there may be some sectors that are in recession now, but the broader economy is still in growth mode.  it may down shift from red-hot to tepid, but I don't see a cliff anytime soon.

but I'm an optimist so those predictions don't get the clicky bait like the doom sayers.
 
2022-06-28 2:39:26 PM  
1 vote:

Parthenogenetic: mcreadyblue: edmo: Yes the economy is so bad they still can't fill all the jobs out there where business is producing and producing and produce if.

Meanwhile, the poor investor class isn't making shiat on their investments now so obviously the economy is goners

This could be a very unique recession where nobody loses their job.

Wall Street & banking are the only industries where it seems there is a loss of jobs.

Remember the "Jobless Recoveries" after the 1990-1, 2000-1, and 2007-9 recessions?

This is kinda the inverse of those. We need a catchy name.


Rich Peoples Recession
 
2022-06-28 3:21:22 PM  
1 vote:

Parthenogenetic: mcreadyblue: edmo: Yes the economy is so bad they still can't fill all the jobs out there where business is producing and producing and produce if.

Meanwhile, the poor investor class isn't making shiat on their investments now so obviously the economy is goners

This could be a very unique recession where nobody loses their job.

Wall Street & banking are the only industries where it seems there is a loss of jobs.

Remember the "Jobless Recoveries" after the 1990-1, 2000-1, and 2007-9 recessions?

This is kinda the inverse of those. We need a catchy name.


The Schadenfreude Recovery? (Oh, those poor poor poor Wall Street types.)
 
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