Guggenheim’s Minerd Says Expect a Retracement on S&P 500

Apr.17 -- Scott Minerd, chief investment officer at Guggenheim Partners, explains why the S&P 500 will suffer further declines as he sees the index falling to 1,500 or lower. He speaks with Bloomberg’s Sonali Basak on "Bloomberg Markets: European Close."

[Tomherbs]

This guy is about to go full Incredible Hulk

[alexanderthegreat]

Thanks FED for this new "Market ConFEDence"!

[raz]

The more they say it will go down, the more it never goes down.

[mavidane]

If someone can answer 1 question. Is the Fed buying programs, which are inflating the stock market - can the buying program continue to outweigh the selling pressure. Or is it too large to overcome?

[ironmantis]

Stock Market: "Let's pretend that there is no virus and everything is dandy"

[JohnGalt]

Like the call.. I get the fed is printing money but that does not mean anyone is spending. Earnings down 30% then go to a 15 PE doesn't sound crazy to me.

[loveormoney]

This dude is a bear looking perma bear.

[credera]

Charts mean nothing anymore in this crazy, new reality we are in.

[koaasst]

have they ever thrown trillions at it like this before tho???? this is a different era folks.

[dso]

What if this time the fed doesnt stop printing for a year

[matthewmark]

my chart analysis looks bullish. however, there is that earning wildcard.