Minerd Says Stocks May Fall 35%-40% in Next Year If Virus Isn't Contained

Feb.27 -- Scott Minerd, Guggenheim Partners co-founder and Guggenheim Global chief investment officer, discusses what the coronavirus outbreak could mean for financial markets. He speaks during an interview with Bloomberg’s Scarlet Fu and Joe Weisenthal on "Bloomberg Markets: The Close."

[fcceznr]

More like the next few months. Stocks are dropping 500 plus daily

[arney]

Has anybody who listens to this BS ever asked him/herself: "Hmmm, if all this crisis is originated in China, and the whole problem is a hit to Chinese economics, then why the China stock market is the only one, that has not sold out ????" Well, the answer is simple: because the selloff in the US stick market has nothing to do with potential problems of our economy, but has everything to do with overvaluation,
or - simply - a bubble in the US stock market.
The bottom line is: all our mass media is composed of only two types of people: a) political prostitutes
and b) liars.

[steves]

Next year, more like coming weeks, months.

[greetingsearthlingsmynamei]

40 days and 40 nights remaining until Passover Full Super Moon.

4 years 41 days 41 nights remaining until second American Eclipse.

BIG DAY AHEAD

[hyouzanren]

Lies! The market will fall even before this first quarter! Mark my word!

[enrywb]

BS claims like this make people want to sell even more and will force it down more than it will by itself

[boro]

Just flipped to propaganda land for a second and got triggered, oh well.