Cathie Wood Sounds Alarm On US Auto Loans As 90-Day Delinquency Rates Surpass 2009 Levels

2024-11-20 177

ARK Invest CEO Cathie Wood popularly known for leading ARK Innovation ETF ARKK has raised alarm bells about the state of auto loans in America, noting that 90-day delinquency rates have now exceeded levels seen during the 2009 financial crisis.