(Bloomberg) -- Ark Investment Management’s Cathie Wood said the bond market appears to show that the Federal Reserve is making a “serious mistake” with its monetary policy. 

Deflation is a much bigger risk than inflation, Wood said in a series of Tweets, adding that commodity prices and “massive retail discounts” were underscoring her view.

Read more: Cathie Wood Warns Fed of Policy Error as Rate Hikes Hit ARK ETFs

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