Cathie Woods ARK funds are getting shitholed in 2022 as investors rotate into deep value vs. cash incinerating “disruptor” stocks. Every single company on the planet can’t use the Amazon business model. What a shocker!
Fear has finally re-entered the market as JPOW and others have finally convinced enough people that aggressive rate hikes are around the corner. This sent the 10 year up to 1.80% and the VIX to an intraday high of 23 effectively ending the long melt up in speculative stocks.