Guggenheim's Minerd Criticizes Powell's Lack of Leadership on FOMC

Apr.29 -- Scott Minerd, Guggenheim Partners co-founder and Guggenheim Global chief investment officer, says he thinks Federal Reserve Chairman Jerome Powell is "always hostage" to the opinion of others due to his "limited" understanding of economics and monetary policy. He speaks during an interview with Bloomberg's Scarlet Fu and Tom Keene.