Minerd Calls Fed's Economic Forecast 'Overly Optimistic'

Guggenheim Global CIO Scott Minerd says restrictive monetary policy will probably cause about a 2% rise in unemployment over the next two years. He speaks on "Bloomberg Surveillance: The Fed Decides." The Fed raised its benchmark rate by 50 basis points to a 4.25% to 4.5% target range.

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[chrischoir]

My condolences to the Minerd family. Scott was one of the best analysts on TV.

[InStevenWeTrust]

Wild. This was only 8 days ago and now he's gone. Rip legend

[SteveV]

Rest in peace Scott. A lesson learned for everyone Visit your doctor once a year and have a calcium scan done to check for any artery blockage before it kills you.

[paolacolombo]

I miss Scott Minerd. He was a very brilliant man with a beautiful soul

[navisingh]

Rest in peace Scott, money isn’t everything

[ruthlessluder]

Is this the last interview? Imagine holding puts that has an expiration date later than your own? It's a dark thought.

[johnmininger]

RIP Scott. Man, I liked that guy. He was a character but well respected. Have to say he hadn't looked well recently.

[Rainy_Day]

The Fed must be aggressive now to squash rising longterm inflation expectations. It’s better for them to be more aggressive than not.

[safewaycart]

I remember watching this interview a week ago and now Scott is no longer here. Slow thinker whith very good opinions on the stock market and investing. I discoveted him only when it was too late.

[livefromplanetearth]

they didn’t say 5.1 at the end of next year did they? or just sometime next year? the dots don’t really say what quarter or for how many quarters

[daleholmgren]

Scott Minerd died just days after this interview. Heart attack during a workout.

[dinodino]

When has any economist get it right ????

[kbkesq]

I predicted last summer that he only had a year to live. He could barely catch his breath during his Bitcoin interviews.

[truepersona]

A dovish half percent hike and a very Merry Christmas to you all and happy holidays to whom it may concern.

[j.gan.]

RIP, probably should have thought harder about taking the genetic vaxx shots...and waited for the 10-12 years of required safety testing for new vaxx shots too.

[waynesnelling]

regardless of the fact that he's overweight... this guys' shoulders are ridiculous lol.

[MrZrryan]

Is there a football team missing a linebacker somewhere? Zoom out a little....

[frankyang]

May God bless Powell has the determination fighting inflation. Don't talk like Paul Volcker and act like a weed on the wall.

[steved]

This guy Tom Keene...

I think he wants to be the guy they ask questions of/to.

He phrases his questions and tries to paint his guests in a box. It's not good journalism...
Antagonistic/agitating..

[josdelapaz]

who really rules the market, the fed or institutions like his?