Cathie Wood Says Real Yields, Not Inflation, Are Driving Rates — Bill Ackman Thinks The Fed May Have Made A ‘Mistake’
Ark Invest CEO Cathie Wood said Tuesday that rising interest rates appear to be driven more by real yields than inflation, as she weighed in on Bill Ackman ‘s hypothesis that the Federal Reserve’s rate hikes could backfire in an artificial-intelligence-driven economy. Real Yields, Not Inflation “Interest rates seem to