Why Cathie Wood Thinks Stock Fears Are At 'Depression' Levels

Why does Cathie Wood think investors' fear about stocks is at "Great Depression" levels? Because it is for her portfolio, unlike with the S&P 500. X ARK Innovation ETF (ARKK), Wood's flagship ETF, is down 16.73% this year, says an Investor's Business Daily analysis of data from Morningstar Direct and MarketSurge. That makes it the second-worst actively trade U.S. diversified stock fund this year. But that's only the start of the pain for Wood and investors that own her fund. ARK Innovation is sinking while ...