The queen of the bull market faces her toughest test

Read a transcript of this episode on FT.comhttps://www.ft.com/content/9db04e62-720a-47b6-89a8-3fc0f383b489The US Federal Reserve is expected to announce a swift scaling back of its enormous stimulus programme and boost its expectations for interest rate increases next year, and the UK’s Advertising Standards Authority has taken the crypto industry to task for “widespread” problems with misleading and irresponsible ads. Plus, Ark Invest’s CEO, Cathie Wood, is known as the queen of the bull market. But the FT’s asset management editor, Harriet Agnew, explains that Wood’s concentrated bets on disruptive companies have left the pioneering ETF manager vulnerable. Fed poised to announce acceleration of stimulus taper - with Colby Smith https://www.ft.com/content/834e773c-0bf6-4510-87d3-123a5d040c05UK advertising regulator issues rebukes to crypto industryhttps://www.ft.com/content/b48040e5-d510-4ac8-9e6c-6af568e587adCathie Wood’s Ark: a tech-driven bull market on steroids - with Harriet Agnew https://www.ft.com/content/67289726-85d3-47e2-9f1c-942f5f95d37dRentokil to buy US extermination specialist Terminix in $6.7bn dealhttps://www.ft.com/content/9182feea-3dd5-406b-8b70-d3e1e7090227The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.  Hosted on Acast. See acast.com/privacy for more information.