Tuesday, January 31, 2023

Ark Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot By Cointelegraph

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The chief executive from crypto and tech investment firm Ark Invest believes crypto assets will see a huge turnaround this year as inflation falls and the Fed pivots.

In a company video blog on Jan. 23, Ark Invest CEO and CIO, Cathie Wood, started with a glance at the macroeconomic outlook. She said there was all kind of signals pointing to lower inflation which “suggests that the Fed should pivot soon.”

Ark Invest’s Cathie Wood and Brett Winton on their 2023 outlook. Source: Ark Invest