Cathie Wood's $2 billion loss shows the Fed burst the 'speculative bubble' in stocks, top JPMorgan strategist says

Cathie Wood revealed Tuesday that her flagship fund lost $2 billion last year. Patrick T. Fallon/Getty Images Cathie Wood revealed Tuesday that her flagship fund lost over $2 billion last year. Her struggles sum up how rising interest rates are affecting markets, according to the CEO of JPMorgan…

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