Ark Investment’s Cathie Wood Warns Trump’s Tariffs Could Lead to Recession Amid Market Turmoil

Cathie Wood, the founder and CEO of Ark Investment Management, has issued a cautionary statement regarding the economic implications of President Trump‘s proposed tariffs. During a recent appearance, she indicated that these tariffs could potentially lead the U.S. economy into a recession. Wood emphasized that the current market environment is experiencing substantial volatility due to the uncertainties these measures introduce. She noted, “The policies being implemented at this juncture could push the U.S. to the brink of a recession. While reciprocal tariffs are part of the strategy, the rationale appears flawed.” As the country navigates these economic challenges, Wood suggested that if Trump is concerned about his political legacy – particularly with the midterm elections approaching – he may find himself compelled to work with the Federal Reserve to implement more effective economic policies during this tumultuous period.