One of the important things to watch this year is the how much inflation we get and how that impacts the Fed. Whelp, here is some signs inflation is coming.
That is a pretty big price increase – and Kimberly-Clark will not be the only company to raise prices as commodity prices increase this year.
What a crappy thing to do.
News today that ARK investing has altered it’s investment policy. This policy is the sign that a. Cathie is out of ideas, b. the ETF got too much money, and c. She wants to add even more risk, which I already documented is quite high.
The fund can now one even higher ownerships in companies than it already owns. And it already owns a LOT of companies:
As noted in the article, the combination of concentrated positions plus leverage plus a huge mismatch in ETF and position liquidity screams danger.