"Out with the old and in with the new" seems to be Ark Investment Management's strategy as of late. This makes complete sense--the fund is the project of well-known stock market pundit and investor Cathie Wood. Wood and her team carefully craft the fund to include innovative companies, particularly those that are tech-based. Read More...
Bloomberg
Russian Windfall Plunges by $51 Billion as Energy Cash Dries Up
(Bloomberg) — Russia’s current-account surplus shrank last quarter by over $51 billion from a year earlier, as sanctions increasingly deprive the government of what’s been a critical source of hard currency since the invasion of Ukraine.Most Read from BloombergKatie Cotton, Guardian of the Apple Brand for 18 Years, DiesElizabeth Holmes Will Have to Wait Out Her Appeal in PrisonTwitter Company ‘No Longer Exists,’ Is Now Part of Musk’s XTumbling Money Supply Alarms Economists Who Foresaw Inflatio
