FTX founder Sam Bankman-Fried arrested in Bahamas (Cathie Wood)

Ark Invest CEO Cathie Wood and Wharton School of Business professor Jeremy Siegel both agree that we’re already in the middle of a recession.

While recession warnings have been piling up in recent weeks, most of them have a timeline of one or two years in the future. But in separate appearances on CNBC Tuesday, Wood and Siegel said it is happening now, while inflation is showing signs of easing.

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Bloomberg Markets and Finance

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