Guggenheim’s Minerd says aggressive Fed moves can delay recession, but not avoid it
Guggenheim Partners global
chief investment officer Scott Minerd warned on Tuesday the
firm’s recession forecast model showed a 58% chance of the
economy being in a recession by mid-2020, and a 77% chance of
one beginning in the next 24 months.
chief investment officer Scott Minerd warned on Tuesday the
firm’s recession forecast model showed a 58% chance of the
economy being in a recession by mid-2020, and a 77% chance of
one beginning in the next 24 months.
Posted by Reuters
