Risk Assets Crash Tests Fed’s Resolve – Ep 770
The Peter Schiff Show Podcast
00:00
The ARK Innovation Fund - The Most Overvalued of the Nasdek Type Stocks
A r k k is the symbol on that arc. Was down five point seven % yesterday on friday, in one day. This really tells the story of what's going on. And we are most in bear market territory. In fact, the rate at which the nasdek is dropping, we can be in bear market Territory pretty quickly there as well. But let's focus in again on those momentum type names,. The most overvalued of the nasdk type stocks. That proxy for that that i have been talking about on this podcast is the cathy wood arc innovation fund. When you're diversified among extremely expensive, overpriced, risk momentum stocks, you might as well
Transcript
Play full episode
