Cathie Wood thinks the US is in a recession but says her fund's growth strategy has already bottomed

The economy is in a recession and the job market is set to slow, Ark Invest's Cathie Wood told CNBC.
Wood said that the Fed is focused on lagging indicators like CPI and jobs data, as reason to why her view differs from Fed Chairman Jerome Powell.
Wood said her flagship growth fund is likely set for solid performance after it bottomed well before the broader market.
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