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The Daily Hodl 2024-01-08 15:30:42

Cathie Wood Predicts Recession Will Hit US Economy This Year, Says Fed ‘Overdid’ Interest Rate Hikes

ARK Invest’s Cathie Wood says a recession will hit the US in 2024 due to what she believes was overly aggressive interest rate hiking from the Federal Reserve. In a new YouTube update, Wood says that the US is already in a “rolling recession,” or a downturn that affects certain sections of the economy at The post Cathie Wood Predicts Recession Will Hit US Economy This Year, Says Fed ‘Overdid’ Interest Rate Hikes appeared first on The Daily Hodl .

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