Cathie Wood Says Rising Rates Aren't Hurting Stocks as Growth Expectations Drive Yields Higher

Cathie Wood said higher interest rates aren't killing the stock market, arguing that the recent rise in yields is being driven more by stronger growth expectations than by inflation.
She noted that equity markets are hitting all-time highs even as rates continue to rise. Long-term yields can be split into inflation expectations and real growth expectations, and Wood said recent increases have been driven more by the latter, helping explain why equities have held up so well.