$ARKK & Growth/Tech Stocks Bleeding! What's Next?
In this video I briefly cover what is next with the correction we are currently seeing in the stock market. Cathie Wood $ARKK Funds have been hit the hardest as she is mostly in high growth tech stocks, with the stock dropping over 30% within a week's period. There are a few things at play but the biggest factor we are seeing is the 10 year treasury yield is starting to risk, causing investors to find better returns in the 10 year treasury notes rather than riskier/highly inflated growth stocks and the reopening of the economy is bringing more confidence that cyclical stocks will return back and have more room for growth than do tech stocks. Please SUBSCRIBE AND LIKE THE VIDEO! / Share as well! Thank you