Wednesday, May 2, 2018

Guggenheim Partners' Minerd: 'This is the rally to sell'

Historical patterns suggest a recession could be about two years away, one analyst says.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Guggenheim Partners' Minerd: 'This is the rally to sell'
Historical patterns suggest a recession could be about two years away, one analyst says. Read more »
 
GE warns its subprime mortgage unit could file for bankruptcy
General Electric is still haunted by its disastrous adventure into subprime mortgage lending more than a decade ago. Read more »
 
Guggenheim investment chief: Expect a recession in the next two years
Scott Minerd, Global Chief Investment Officer at Guggenheim Partners, says the rise in corporate debt and the low unemployment rate point towards a recession. Read more »
 
Analysis: Snapchat needs to grow up
CEO Evan Spiegel needs his own Sheryl Sandberg, a steady hand that can reassure Wall Street the company can stop the bleeding and get back on track. Read more »
 
Rising costs start to squeeze American businesses
Mysteriously low inflation padded corporate America's bottom line for years. Now soaring prices and rising wages could threaten profits. Read more »
 
The US dollar is making a huge comeback
Just a few weeks ago, the dollar was falling and companies were celebrating the benefit to earnings. Will a rebound for the greenback be a problem for Wall Street? Read more »
 
 
 
 
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