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as we said before kovid as we were descending into that and we are saying now Innovation solves problems for the past year Kathy Wood hasnt held any punches with criticizing the Fed her Flagship Arc fund dropped from approximately 156 dollars per share in 2021 to a dismal 30 per share in 2023 taking her down from the darling of Wall Street to being the butt of many jokes while Kathy didnt outright blame the FED for her funds willful performance she definitely pointed the finger insinuating that their historical rate hikes had a tremendous effect on her in many pundits and analysts thought Kathy was just crying foul but now the tables have turned and Kathys cry for the feds aggressive rates have affected the banking system in an interview with Bloomberg television Kathy gave her take on the current banking crisis Kathy pointed to two major things that occurred that we havent experienced in a long time one the run on the bank and two the 19-fold interest rates despite the current s
