Chairman of Investments and Global Chief Investment Officer Scott Minerd leads Guggenheim Partners’ macroeconomic and investment research functions. Together, our team of economists, strategists, and analysts provides investors with economic and policy analyses and assessments of their potential impacts on asset prices.


 
Market Perspectives

Sustainable Development: The Future of Investing

Scott Minerd, Chairman of Investments and Global CIO, explains in the Milken Institute’s Power of Ideas why sustainable development will be a key component of long-term investment performance.

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Macro View

Why the G7 May Be Hastening Helicopter Money

Faced with a sharply appreciating yen, and lacking G7 support, Japan may need to take extreme measures.

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Sector Report

Investment-Grade Corporate Credit: Opportunity in Summer Volatility

Energy yields look more attractive than other sectors, as the worst of the oil bear market draws to an end.

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Media Appearance

Minerd on WealthTrack: Fixed Income Strategies in a Negative Rate World

Scott Minerd, Chairman of Investments and Global CIO, discusses challenges and opportunities in today’s market with WealthTrack’s Consuelo Mack.

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Portfolio Strategy

Fixed-Income Outlook: Managing Through a Persistent State of Heightened Volatility

In the second quarter 2016 edition of the Fixed-Income Outlook, the leaders of our fixed-income investment team discuss relative value and our current economic outlook.

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Minerd on WealthTrack: Fixed Income Strategy in a Negative Rate World

Scott Minerd, Chairman of Investments and Global CIO, discusses challenges and opportunities in today’s market with WealthTrack’s Consuelo Mack.

“The Fed is now hostage to the markets,” Minerd warned Mack as they discussed market challenges and opportunities on a recent edition of PBS' WealthTrack. “The problem is that as central banks around the world keep searching for new ways to stimulate the economy, it’s creating imbalances, so we’re slowly seeing asset classes get inflated.”

For investors, this dynamic creates an unusual conundrum: Where to find assets that represent value given the heightened risk inherent in a global economy awash in manipulated liquidity. In the following video series, including highlights from the interview, Minerd shares insights on how careful security selection and a disciplined approach to investing can help steer investors through challenging market conditions.

 

Recent Perspectives

May 26, 2016

Why the G7 May Be Hastening Helicopter Money

Faced with a sharply appreciating yen, and lacking G7 support, Japan may need to take extreme measures.

Read More


May 24, 2016

Investment-Grade Corporate Credit: Opportunity in Summer Volatility

Energy yields look more attractive than other sectors, as the worst of the oil bear market draws to an end.

Read More


May 24, 2016

High-Yield Corporate Bonds: A Bid for Lower Quality Re-Emerges

Market weakness offers attractive entry points in B-rated bonds, particularly in the energy sector.

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May 24, 2016

Bank Loans: Seeking Fundamental Strength Amid Technical Weakness

Despite a weak near-term technical backdrop, certain bank loans remain supported by strong earnings and low default risk.

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May 24, 2016

Asset-Backed Securities and CLOs: Focus on Seniority

We anticipate cheaper entry points into mezzanine and subordinate CLO tranches, and esoteric ABS.

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May 24, 2016

Non-Agency Residential Mortgage-Backed Securities: Volatile Prices Mask Improving Fundamentals

Improving fundamentals, lower bond prices, and limited supply form a constructive thesis for non-Agency RMBS.

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May 24, 2016

Commercial Mortgage-Backed Securities: Awash in Demand, Short in Supply

A frenzied rally in April will moderate as Wall Street restarts its CMBS production engine.

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May 24, 2016

Commercial Real Estate Debt: Demand for Loans May Exceed Supply

While commercial real estate fundamentals remain strong, strains on loan supply could cause borrowing costs to tick higher in 2016.

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May 24, 2016

Municipals: Revenue Bonds Trump General Obligations

We selectively favor bonds supported by dedicated revenue streams.

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May 24, 2016

Agency Residential Mortgage-Backed Securities: Agency MBS Has Global Appeal

U.S. housing market dynamics and low/negative rates overseas should drive demand for Agency MBS.

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