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It's A Day Trader's Market: Christian Fromhertz Talks Volatility On 'PreMarket Prep'
Thursday, March 16, 2023 - 3:53pm | 472During Thursday's broadcast of Benzinga's "PreMarket Prep" show, Christian Fromhertz, CEO of Tribeca Trading Group, said "this is a day trader's market right now" given the exceptional volatility seen in the last week. Fromhertz On Market...
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Cathie Wood Says Won't Be Surprised At Fed's Rate Cuts This Year: 'Bigger Risk Is Deflation…Also A Very Big Opportunity'
Friday, February 3, 2023 - 7:28am | 403Cathie Wood of ARK Investment Management reportedly said she won’t be surprised if the Federal Reserve cuts rates this year and that she believes the bigger risk is deflation. What Happened: “I would not be surprised to see the Fed cut rates this year. One of the other reasons that we...
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Cryptocurrencies Like Bitcoin And Ethereum Can't Shake The Risk Asset Tag: What's Holding Them Back
Saturday, December 31, 2022 - 5:52pm | 998When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...
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U.S. Should Be More Concerned About Deflation Than Inflation, According To Some Economic Observers
Tuesday, December 6, 2022 - 12:31pm | 867Outside of the Great Depression in the early 1930s and for a very short period during the nation’s economic collapse in 2008 and 2009, the United States has not seen an extended period of the economic phenomenon known as deflation. And while the U.S. has seen unprecedented inflationary...
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'Big Short' Investor Michael Burry Says This Could Be The Real Reason Yields Are Rising Despite Deflation Talks
Wednesday, September 28, 2022 - 12:17am | 419"Big Short" investor Michael Burry has pointed out in his now-deleted tweet that rising yields across the curve despite a widespread prediction that deflation could be on the cards is likely a function of quantitative tightening. What Happened: “If everyone is predicting deflation...
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Elon Musk And Cathie Wood Call Out Deflation Risks — What Investments Might Be Safe If They Are Right?
Tuesday, September 20, 2022 - 12:22pm | 980Deflation is a general decline in prices for goods and services, typically associated with a contraction in money supply and available credit in the economy. The value of money typically increases. It is often associated with periods of negative or stagnant economic growth — like the Great...
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Elon Musk Calls For A 0.25% Fed Funds Rate Cut A Day After Inflation Data Spooked Market
Wednesday, September 14, 2022 - 7:27am | 428Tuesday’s inflation data triggered a steep sell-off in equities and other financial assets. What Happened: Ahead of the August inflation report, Ark Invest founder Cathie Wood made an argument for an impending deflation through a series of tweets. To prove her point, she listed a number of...
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Cathie Wood Sounds Yet Another Deflation Warning Ahead Of Tuesday's Inflation Report
Monday, September 12, 2022 - 7:13am | 550The main reason for the Federal Reserve’s hawkish stance has been inflation, and fears about an increase in inflationary pressure have dampened market sentiment, leading to a large-scale sell-off in equities. Ark Invest founder Cathie Wood, however, has held the belief that the U.S....
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Elon Musk Sees Deflation Coming If There Is Another Major Fed Rate Hike
Saturday, September 10, 2022 - 3:59pm | 678Elon Musk has warned that another interest rate hike by the U.S. Federal Reserve could result in deflation hitting the economy. A major Fed rate hike risks deflation — Elon Musk (@elonmusk) September 9, 2022 Last year, Musk predicted that the U.S. would enter a recession. If history is any...
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Why Cathie Wood Sees Stocks Of Innovative Companies 'Maligned This Year' Be Rewarded 'Handsomely' In 2022
Thursday, December 30, 2021 - 9:50am | 535Popular investor Cathie Wood who leads the investment management firm Ark Invest said on Wednesday the equities of innovative companies that have seen declines this year should be “rewarded handsomely.” What Happened: Wood, citing data for November, said retail inventories have...
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Elon Musk To Cathie Wood: Not Sure About The Long Run But Inflation 'Pinching Hard' Short-Term
Monday, October 25, 2021 - 10:48pm | 798Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Monday the electric vehicle maker is seeing strong inflationary pressure in the short term. What Happened: Musk was responding to popular money manager Cathie Wood’s view that inflation has not taken off and that she expects deflation to play out...
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Chip Shortage In Focus With US Automakers Like Tesla, Ford, GM But Cathie Wood Says Used-Car Data Points In Different Direction
Thursday, August 12, 2021 - 4:34am | 651Ark Invest CEO and popular money manager Cathie Wood said on Wednesday that latest used car price data indicate sales have peaked and that prices will come down as deflation plays a bigger role in the coming days. What Happened: The latest inflation numbers from the U.S. Department of...
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The Case For Deflation
Tuesday, July 27, 2021 - 9:07pm | 5213By Chris Yates With so much focus being placed on the inflation versus deflation debate of late and many financial pundits declaring a new inflation paradigm is upon us, what better a time to argue the case for deflation. Back in March, I laid out the case for inflation in comprehensive...
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Cathie Wood Maintains Inflation To Prove Temporary, Says 'Cracks' In Commodity Markets Evident
Tuesday, June 22, 2021 - 1:27am | 439Cathie Wood on Monday maintained she’s not concerned about inflation and rising interests as much as the cracks in the commodity markets, which could pose a bigger risk. What Happened: The Ark Investment Management CEO said "cracks" in the commodity markets are becoming...
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Inflation Or Deflation, Crypto Boom Or Bust?
Monday, May 24, 2021 - 11:29am | 1064I am sure I am not alone in my recently erratic trading behavior. I bought and sold and bought and sold Ethereum (CRYPTO:ETH) and Doge (CRYPTO:DOGE), only to buy and sell and buy them back—just like I sold and bought copper just to buy and sell it again. Indeed, the Nasdaq falls and...