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September 01, 2020 1:28pm
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Cathie Wood Says U.S. Is Already in a Recession

ARK Invest CEO Cathie Wood said on Tuesday that the U.S. is already in an economic downturn, acknowledging that the severity and lasting power of inflation has exceeded her previous estimates. “We think we are in a recession,” Wood said on CNBC’s “Squawk Box” on Tuesday. “We think a big problem out...
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