Cathie Wood's Flagship ETF Sees Outsized Gains Evaporate

The video discusses the challenges faced by active fund management, particularly focusing on Kathy Wood's ARK Innovation ETF. Despite her criticism of passive investing, her fund has underperformed compared to the S&P 500. The video analyzes market trends, highlighting the tech sector's struggles and the impact of Federal Reserve actions on interest rates and inflation. It emphasizes the need for investors to see tangible returns and pricing power in a high-inflation environment.

What does the text suggest about investors' expectations regarding returns and pricing power?

What was the inflation rate in the world's largest economy mentioned in the text?