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

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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.

 

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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.
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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
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Guggenheim's Scott Minerd is warning about the dangerous cocktail of surging bond yields and slumping stocks.
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‘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...
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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. 🤔🤔🤔
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