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   

Guggenheim Partners is a large investment firm …. and related activities

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.