As the Federal Reserve maintains a “highly accommodative” monetary policy the central bank runs the risk of allowing the U.S. economy to overheat.
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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