Guggenheim CIO says Fed will try to move rate expectations above 3 hikes

Guggenheim Partners chief investment officer Scott Minerd speaking with Bloomberg TV 

• Federal Reserve will try to move expectations abot 3 hikes
• The Fed will have to move to prevent a spiral for inflation
• Minerd expects 4% wage growth in a year 
• He expects to see a dramatic rise in short term interest rates
• Says 2019 the year when the yield curve may invert, which is a recession signal 
• Stocks likely to rise on earnings ahead of recession

more to come   

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