Scott Minerd

Scott Minerd, chief investment officer and managing partner at Guggenheim Partners, died suddenly Wednesday at the age of 63. Here's what you need to know.  What Happened: Minerd, who joined Guggenheimn shortly after it was formed and was the public face of the firm, died of...

Guggenheim Partners CIO Scott Minerd told CNBC’s audience Thursday that the Federal Reserve will not stop raising interest rates until “something breaks.” What Happened: Minerd also said to get ready for the Fed to pivot, possibly as soon as November, because...

This week, the market has flattered only to deceive. After starting with two strong sessions, the momentum faded midweek as the data-dependent Federal Reserve kept traders on tenterhooks. Come Friday, traders would get to digest key economic data that could have a say on the central...

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock...

A majority of Benzinga readers, 63.5%, expect the S&P 500 to hit a new low in September, according to a recent survey. More than 36% say it won't. The feedback comes as recession fears escalate on the heels of Tuesday's massive sell-off — the worst since June 2020....

The recovery seen after the mid-June lows led analysts and investors into believing that the market may have bottomed. It was not to be, though. What Happened: Following a nice rebound that lasted until mid-August, the market has hit another rough patch amid interest rate worries. An analyst now...

Scott Minerd, the chief investment officer at Guggenheim Partners, revealed that he regrets missing out on the Shiba Inu (CRYPTO: SHIB) rally. What Happened: In a recent interview with CNBC at the Milken Institute Global Conference, Minerd said he wished he had invested $100,000 in the meme-...

Long-term Bitcoin (BTC) bull and venture capitalist Tim Draper is accusing banks of attempted manipulation as the apex cryptocurrency tanked nearly 18% in the 24-hour period leading to press time. What Happened: Draper took to Twitter in the early hours of Monday to condemn banks for the alleged...

The Past Week, In A Nutshell What Happened: Despite a volatile week, U.S. index futures managed to establish new all-time highs. Remember This: “In the longer term, the good news is that vaccines are now rolling out increasingly quickly,” said Brad McMillan, chief investment officer at...

Bitcoin gained another 13.1% in the past 24 hours and was trading above $23,500 for the first time in history on Thursday morning. The bitcoin rally has triggered a wave of new bullish bitcoin targets on Wall Street, and deVere Group is now calling for at least 50% more upside in 2021. deVere Group...

General Electric Company (NYSE: GE) is having a rare green day Tuesday, gaining more than 12 percent after the company announced a new strategic plan for its stake in Baker Hughes a GE Co (NYSE: BHGE). Unfortunately for GE investors, experts are saying GE’s situation may be worse than...