Guggenheim's Scott Minerd Says Coronavirus May Be Worst Event in His Career

Guggenheim's Scott Minerd Says Coronavirus May Be Worst Event in His Career

Scott Minerd, who oversees about $215 billion for Guggenheim Investments, said the coronavirus is “possibly the worst thing I've seen” as a money
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We Just Witnessed The Fastest Stock Market Correction on Record

Six days. That's all the time it took for the S&P 500 to fall more than 10% from a record into a correction. That's the quickest turnaround of the sort ever,
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Virus Piles Woes on Tourism, Businesses in Italy

The coronavirus continues to pile pressure on northern Italy as the number of cases increases. Bloomberg's Dan Liefgreen reports on the impact of the
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As Rout Gets Nasty, Traders Hunt for Signs of Where It Will End

In America, economic contractions are what cause bear markets — not valuations, political drama or even human tragedy — and very rarely does one
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Amundi Pioneer Is Buying US Energy Junk Bonds In Rout (Radio)

Christine Todd, Senior Managing Director & Head of U.S. Fixed Income at Amundi Pioneer, discusses her outlook for bond markets. Hosted by Lisa
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JPMorgan Joins Goldman in Cutting Profit Estimates for S&P 500

The rapid spread of the coronavirus has made equity strategists at Goldman Sachs Group Inc. and JPMorgan Chase & Co. slash their outlook for U.S.
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Buy Quality Assets on Dip, Not Junk: Cumberland's Kotok (Radio)

David Kotok, Chairman & Chief Investment Officer at Cumberland Advisors, with his market outlook and whether he's buying the selloff. Hosted by Lisa
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Trump Ready to End Chevron's Sanctions Waiver in Venezuela

The Trump administration is ready to unleash the full impact of sanctions on Chevron Corp.'s operations in Venezuela as the U.S. seeks to further
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Housing to Get a Jolt With Virus Pushing Down Mortgage Rates

The U.S. housing market is set for its strongest spring since before the financial crisis as coronavirus sends mortgage rates lower amid the global rush
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Preparing for Potential Coronavirus US Outbreak (Podcast)

Bloomberg News Diversity and Sustainability Reporter Rebecca Greenfield provides her insight on abortion clinics getting nickel-and-dimed out of
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How to Tell When Markets Finally Reach a Bottom

It's said that the most expensive words on Wall Street are “this time is different.” But this might be one of the few times where the phrase applies.
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Yes, Men Can Still Support Their Families

There is consensus among populists on the left and the right that typical workers and households had it better decades ago. Senator Bernie Sanders
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Minerd Says Coronavirus Could Be the Worst Thing He's Seen in His Career

Scott Minerd, Guggenheim Partners co-founder and Guggenheim Global chief investment officer, admits the economic shock caused by the
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Apache Calls It Quits on Alpine High After $3 Billion Charge

Apache Corp. is officially calling it quits on a highly publicized but disappointing shale discovery in West Texas after vehemently defending the
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Turkey's Deadliest Day in Syria Pushes Ties With Russia to Limit

Turkey and Russia are inching toward direct confrontation in Syria after an attack on Turkish positions in the war-torn nation killed at least 29 Turkish
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US to Expand Coronavirus Tests After Delay in Surveillance

U.S. health officials will let state and local health labs modify a test for the coronavirus that has been plagued by weeks of delays, in an effort to better
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Pence Says He's in Charge of US Virus Response, Not HHS's Azar

Vice President Mike Pence said he is now leading the government's coronavirus task force instead of Health and Human Services Secretary Alex Azar
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Apple Loses Pair of Key Operations, Supply Chain Executives

Apple Inc. has lost a pair of veteran executives who worked in the manufacturing, supply chain and operations group and were key participants in the
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Italy's Warm Embrace of China Cools as Virus Tests Trade Ties

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Eight Real Estate Skills Investors And Developers Should Know

The real estate market is highly competitive, and to make an impact, you need to stand out from the rest of the crowd. Regardless of whether you're a
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