Cathie Wood of Ark Investment Management has expressed concerns about bond yields and the current monetary policy. She believes the economy is in a 'rolling recession' and expects long-term interest rates to drop below 2%. Wood also noted that the U.S. federal deficit is at about 6% of nominal GDP and suggested that rapid growth, similar to the 80s and 90s, could help contain the deficit. The SPDR Gold Shares (NYSE:GLD) ended Friday’s session up 0.36% at $184.79.