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The queen of the bull market faces her toughest test
FT News Briefing
Cathywood, Queen of the Bull Market
6min Snip
00:00
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Cathywood is popular among retail investors, but what do asset managers think about her strategy? She's brought an enormous amount of innovation to the asset management industry. But critics will say that she's been a massive beneficiary of monetary stimulus. As interest rates go up, these are likely to sell off. Sentiment could be turning against arc. And i think you've got a lot of these phenomena that benefited arc on the way up may hurt it on the way down.
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