Cathie Wood says economic indicators 'will start screaming' at the Fed as it hikes rates

Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York, September 13, 2021.
Brendan McDermid | Reuters

Ark Invest's Cathie Wood said Tuesday the U.S. economy will start deteriorating as the Federal Reserve's aggressive tightening goes on, adding that a global recession is likely.