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Stocks will rally, ‘markets climb a wall of worry’: Guggenheim’s Scott Minerd

Stocks will rally, ‘markets climb a wall of worry’: Guggenheim’s Scott Minerd

Economic challenges abound, and equities will rally. It’s a seemingly paradoxical view, but one espoused by one of the biggest players in the market. Scott Minerd thinks stocks have bottomed, and will rally from here. Minerd is chief investment officer at Guggenheim Partners, helping oversee the firm’s $255 billion in assets. He told Yahoo Finance Live that stocks can rise at least 10% from current levels going into next year. “There’s an old saying that markets climb a wall of worry…. Source link

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