Hot Reads: Cathie Wood Welcomes Shorts

Plus, Johnson & Johnson plans to split.

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Cathie Wood Welcomes The Shorts (Business Insider)

The ARK Invest chief doesn’t mind the launch of SARK this week as market shorts continue to rise against ARKK.

 

J&J Plans To Split Pharma, Consumer Products Businesses (CNBC)

The split comes days after GE announced its plans to spin off into three firms.

 

Are Asset Managers Earning Their Fees? (Institutional Investor)

On a three-year annualized basis, the managers with the highest fees generated the highest returns, according to Investment Metrics.

 

Marijuana Stocks Soaring (CNBC)

Reports of a legalization effort sponsored by Republicans may be aligning the stars for more upside.

 

High Inflation Proving Sticky (Morningstar)

But it’s not here to stay.

 

How To Invest When Inflation Is High (Of Dollars & Data)

A look at the asset classes that perform best during inflation.

 

Everything’s Amazing & Nobody’s Happy (Pragmatic Capitalism)

Stock prices and other measures of wealth are at all-time highs, but consumer confidence has tanked.

 

Economic Pessimism Makes Sense Right Now (FA Magazine)

Most Americans believe that the economy is getting worse, and economic confidence measures are low.

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