Cathie Wood says stocks have been adjusted to ‘deep value territory’ and benchmarks won’t hold our strategies hostage

ARK Invest founder Cathie Wood offered the latest defense of the once-high-flying, disruptive innovation strategies that had made her suite of exchange-traded funds the most popular and best-performing on Wall Street in 2020. In a blog post Friday night, Wood said that despite a brutal effort that has forced the operators of the ARK Invest … Read more

Book a holiday home with points

This article is reprinted with permission from NerdWallet. Even before the pandemic, home booking sites such as Airbnb ABNB, +1.41% and Vrbo became increasingly popular with travelers. The opportunity to have a homely experience, complete with full kitchen, extra living space, and local flavor, was more appealing to many than a standard hotel room. Arlyce … Read more

Wall Street’s debt machine pauses as China’s real estate woes rattle stocks, cryptocurrencies, memes and more

Wall Street can wait. That was the message Monday from most of the roughly $10.6 trillion US corporate bond market, a Wall Street behemoth that was dormant as investors around the world waited for possible spillovers from the debt burden of China’s second-largest real estate developer. . A handful of U.S. investment-grade companies that initially … Read more