In November, Cathie Wood's ARKK Innovation ETF witnessed a remarkable surge, achieving an all-time high of 31% gain. This upswing can be attributed to the positive outlook from investors who are hopeful for potential interest rate cuts in the US by 2024, thereby driving growth in risky assets.
The November rally of $ARK Innovation ETF(ARKK.US)$ is notable, especially when compared to the performance of mega-cap tech stocks that...