Heterodox
Guggeheim Partners' Scott Minerd says the stock market is like "the Titanic heading for an iceberg."Look... “Just as an iceberg loomed in the distant darkness to be struck by the Titanic under full steam, so the US economy approaches the distant fiscal drag of 2020 under the full steam of rate increases to contain inflation and an overheating labor market...” He's got a flowery way with words.Fiscal drag? What fiscal drag is he talking about? The government is operating with record...
Read More »Scott Minerd again. Calls stock market “Titanic heading for an iceberg.” You gotta buy.
