As chilly as I am to ZH these days, there actually is an article over there I like about the 11 Things that 0% Interest Rates Caused. One of the 11 “things” is our friend Cathie Wood.
![](https://pbs.twimg.com/media/EjBH2zaUcAIFOYO.jpg)
After an absolutely wretched 2022 (which Cathie was quite sure was not her fault at all) her funds started to show a pulse during the completely stupid January 2023 rally, which terminated abruptly on Groundhog Day. Since then, 50% of these ill-gotten gains have already been wiped off of ARKG.
![](https://slopeofhope.com/wp-content/uploads/2023/02/slopechart_ARKG-640x343.jpg)
So, yeah, she’s up for 2023 (for the moment), but the nearly 75% wipeout is still almost entirely intact.
![](https://slopeofhope.com/wp-content/uploads/2023/02/slopechart_ARKG-1-640x343.jpg)