Cathie Wood’s Famed Market-Beating Return Is Disappearing
The outsized gain that turned Cathie Wood into one of the world’s most-famous proponents of active fund management is quickly evaporating.
The outsized gain that turned Cathie Wood into one of the world’s most-famous proponents of active fund management is quickly evaporating.
Retail investors, who piled into the post-pandemic market rally in record amounts, have started to lose their taste for stocks.
Investors have poured cash into an exchange-traded fund tracking Treasury bills for five weeks, clocking up the biggest inflows since 2020.
Bond markets could be in for rebound after record plummet, with investors looking for signs U.S. inflationary pressures touched their peak.
For a measure of just how brutal Thursday’s reversal was in U.S. equities, take a look at where cash was moving in the ETF market earlier in the week.
Global sustainable funds drew $96.6 billion in net new deposits in the first quarter of 2022, according to the report by researcher Morningstar Inc.
Berkshire Hathaway recently bought billions worth of Chevron and Occidental Petroleum shares, Goldman Sachs thinks another oil major is a better buy.