Cathie Wood’s flock isn’t worrying about the risks

Something amiss: A file picture showing a motorist using a petrol pump. The soaring price of petrol will do enough damage to consumer demand for other things, and the US economy certainly doesn’t need its young adults losing all their rent money in the stock market. — Reuters

RISKY stocks are getting pummelled, but Cathie Wood’s loyal followers just can’t stop buying the dip.

Retail investors continue to flock to Wood’s Ark Innovation ETF, which has brought in some US$718mil (RM3bil) in net inflows in the past month.