The recent selloff in U.S. stocks is healthy and could set markets up to reach new highs by year end. Long- term investors should not fall victim to panic and sell.
Scott Minerd discussed everything from Ukraine to U.S. unemployment to Guggenheim Partners’ investment in sports with Maria Bartiromo on Fox Business.
Certain areas of leveraged credit are overvalued, particularly CCC-rated bonds and bank loans, but often some of the best profits come in the final phase of a cycle.
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