Business & Economy · 3 views
Cathie Wood 'always feels better when the market is worried' — here's why
Ark Invest CEO Cathie Wood is shrugging off this week's market jitters, telling CNBC on Friday that concerns among investors actually reinforce her optimism that further gains lie ahead.
AI Summary
Ark Invest chief executive Cathie Wood told CNBC that investor anxiety actually strengthens her confidence that the market can still rise. She noted the sentiment comes as U.S. equities fell sharply on Thursday, wiping out the rally that followed the recent midterm elections. The decline was driven chiefly by AI‑related stocks, which pushed the Nasdaq Composite into correction territory. Wood’s remarks suggest she views the sell‑off as a temporary setback rather than a longer‑term trend.
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