The Titanic as ‘an iceberg loomed’ is how Guggenheim’s Minerd thinks of today’s stock market

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Scott Minerd of Guggenheim Partners reiterates a warning that a one-two punch of pending rate increases by the Federal Reserve and a corporate-tax-cut fueled fiscal deficit will upend the current bull run for the stock market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Guggenheim's Scott Minerd warns about high debt levels in media and telecom companiesGuggenheim's Minerd believes the media and telecommunications industry could start to feel financial pain between rising rates and debt.
Source: CNBC - 🏆 12. / 72 Read more »

Guggenheim investment chief predicts there's a 50% chance the Fed cuts rates next yearThe Fed is likely to react to this level of market pullback 'about half of the time' by cutting rates, Guggenheim's Scott Minerd says. There's a 50% chance the Fed will (not) cut rates next year.🙄🔥 What about another 50 %? So either 'yes' or 'no'. A 50/50 chance. Not sure who got paid 7 figures to come up with that projection, but the tic-tac-toe chicken could have made the same prediction and would have been spot on.
Source: CNBC - 🏆 12. / 72 Read more »

Guggenheim's Minerd says high corporate debt bodes ill for U.S. economyGuggenheim Partners Global Chief Investment Officer Scott Minerd warned on Monda... Wait.... high corporate debt? What happened to the BILLIONS that they received in order to promote job growth? Could it be the stock buybacks raised their share prices so that they personally benefitted but... they never... really …. hired... people. And the debt bodes ill? Does that mean the 20% rally is cancelled? That's what my crystal ball indicates.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks are cheap and should rally 15% to 20%: Guggenheim's Scott MinerdGuggenheim's Scott Minerd says the market is going through a 'classic season adjustment' and has yet to peak. lol, it looks like the bubble popped. I guess Peter Schiff was right once again. Didn’t this dumbfuck just say stocks were going down 40%? Sounds like someone is looking for an exit opportunity
Source: CNBC - 🏆 12. / 72 Read more »

Guggenheim's Scott Minerd is warning about the dangerous cocktail of surging bond yields and slumping stocks.
Source: Bloomberg - 🏆 97. / 63 Read more »

With Fed’s cards on the table, ‘not a bad time’ to take profits, advises Guggenheim’s MinerdGuggenheim Partner’s chief investment officer Scott Minerd, provides our call of the day, with advice on what investors should do now that the Fed has told... AAII Bears, freshly updated, shows Bears back into hibernation. Is this what markets need to sell off properly?
Source: MarketWatch - 🏆 3. / 97 Read more »

‘Not a bad time’ to take some profits on this post-2009 stock-market rally, advises Guggenheim’s MinerdGuggenheim Partner’s chief investment officer Scott Minerd, provides our call of the day, with advice on what investors should do now that the Fed has told...
Source: MarketWatch - 🏆 3. / 97 Read more »

A $265 billion investment chief says one of the most valuable economic indicators is signaling a recession in about 18 monthsScott Minerd oversees $265 billion in assets as global CIO of Guggenheim Partners. He sat down with Business Insider's Sara Silverstein at the World Economic Forum in Davos, Switzerland. 🤔🤔🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »