By Dan Weil The 8.3% consumer-price surge for the year through August did nothing to change famed investor Cathie Wood’s economic views. The 8.3% surge in consumer prices reported for the 12 months through August did nothing to change famed investor Cathie Wood’s economic views. The chief executive of Ark Investment Management still believes we’re suffering deflation and are in the midst of a recession. Federal Reserve Chairman Jerome Powell has misread the environment in comparing this period to the late 1970s and early ‘80s, Wood said in a webinar. That’s when then-Fed Chairman Paul Volcker …