Greg Bassuk

In early 2021, Ark Invest, led by tech investor Cathie Wood, managed a staggering $59 billion across six funds, making it the world’s largest active ETF manager. Three years later, a significant 80% downturn occurred, with assets under management in those funds plummeting to just $11.1...

Wednesday’s release of the FOMC June 14 meeting minutes showed a clear agreement for continued interest rate hikes next year. The consensus echoes Fed Chair Jerome Powell's stance, who has been pushing for two additional increases in 2023. Despite the strength of the economy and the tightened...