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Podcast: Steady Wealth Podcast
Episode: When Is It Time To Buy ARKK ETF Again?
Description: The exchange traded fund ARKK is one that many people are familiar with. Unfortunately, it’s also one that isn’t doing particularly well right now. It’s down about 60% from last year, and 80% from it's high. So, let's look at what broader economic environment we need before it’s worthwhile again. To put it simply, we need a market environment that’s much more friendly in terms of money availability.
Liquidity is one of the biggest problems we face in the market right now. With interest rates having gone up over 2,000%, we are not at a point wher...