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Cathie Wood says exodus from high-cost cities will push down inflation as ARK heads to St. Petersburg – CNBC

Cathie Wood is moving her investment firm’s headquarters to St. Petersburg, Florida on Nov. 1.

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Closely followed innovation investor Cathie Wood said they migration trend playing out in her own company is further evidence that investors should fear deflation instead of inflation.
Wood founder, CEO and CIO of ARK Invest is moving her investment firm’s…

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