Tagged: Recession due to Rising Interest rates
Scott Minerd, sees a looming 40% Stock Market Correction followed by a Recession
Scott Minerd, Global Chief Investment Officer at Guggenheim Partners, sees a looming 40% Stock Market Correction.
I would call a “40% Stock Market Correction“, a pretty major “Stock Market Crash“.
That could be followed by a Recession, due to rising Interest Rates.
Scott Minerd has warned that the Stock Market is on a “Collision Course with Disaster“.
Video is couretsy of the CNBC YouTube channel.
Click on this link: to visit the CNBC website to read their article titled: “Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead“