Guggenheim’s Scott Minerd Discusses ‘Biggest Investment Opportunity’ — Warns Stocks Vulnerable to Further Decline – Markets & Prices Bitcoin News

Guggenheim’s Scott Minerd Discusses ‘Biggest Investment Opportunity’ — Warns Stocks Vulnerable to Further Decline – Markets & Prices Bitcoin News

Guggenheim Asset Management’s chief investment officer, Scott Minerd, says the current market has provided “the biggest investment opportunity in a generation.” He also warned about some investments that he expects will continue to decline.

Guggenheim’s Scott Minerd on ‘The Greatest Investment Opportunity of a Generation’

Guggenheim Partners Chief Investment Officer (CIO) Scott Minerd shared what he believes to be the best investment in the current market and economic conditions in a series of tweets on Monday.

Minerd is also chairman of Guggenheim Investments, the global asset management and investment advisory arm of Guggenheim Partners. Guggenheim Investments has approximately $325 billion in assets under management across fixed income, equity and alternative strategies.

Guggenheim CIO wrote:

The current market has provided perhaps the greatest investment opportunity of a generation: the bonds of good companies traded in the 1980s.

“The disadvantage is that they are paid according to the amount, and the good thing is that they hand over the keys,” he added.

Noting that “Investors should look for bonds of otherwise good companies that have been issued at much lower rates that have been declining,” Minerd warned:

With stocks vulnerable to further declines, traditional private equity is the worst place to be.

Another well-known investor who has recently recommended bonds is billionaire Jeffrey Gundlach. He is bearish on the stock market, expecting the S&P 500 to fall 20% by mid-October. “Buy long-term Treasuries,” he advised. suggesting for investors to dive into long-term US debt securities. Gundlach also warned of the risk of deflation.

Others who warned against deflation in the American economy are Tesla CEO Elon Musk and Ark Invest CEO Cathie Wood. US President Joe Biden, however, did optimistic on the economy, noting that inflation has not risen for several months.

Recently, JPMorgan advised investors to enter share values while Goldman Sachs recommended goods. Rich Dad Poor Dad author Robert Kiyosaki has warned that Fed rate hikes will destroy the US economy, counseling people to invest in “real money”, citing gold, silver and bitcoin. He invited investors to get into crypto nowon the eve of the biggest crash in world history.

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What do you think of Guggenheim CIO Scott Minerd’s recommendations? Let us know in the comments section below.

Guggenheim’s Scott Minerd Discusses ‘Biggest Investment Opportunity’ — Warns Stocks Vulnerable to Further Decline – Markets & Prices Bitcoin News

Kevin Helms

An Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in bitcoin security, open source systems, network effects, and the intersection between economics and cryptography.




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