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

Cooler Heads Will Prevail, Even as Markets Panic

While the market will remain volatile and likely lead to a period of outright panic, that is when having a “cool head” will pay off.

Read more

Macro View

The Global Liquidity Trap Turns More Treacherous

The adoption of negative interest rates will do little to stimulate growth.

Read more

Sector Report

High-Yield and Bank Loan Outlook – April 2016

While spreads have since narrowed, we are still finding bargains in high-yield bonds and bank loans.

Read more

Media Appearance

CNBC: Central Banks In a Box

Scott Minerd, Chairman of Investments and Global CIO, explains why the central banks in developed economies are getting trapped in current monetary policy, including negative interest rates and quantitative easing.

Watch Video

Portfolio Strategy

Fixed-Income Outlook: First Quarter 2016

In our new quarterly publication, the leaders of our fixed-income investment team discuss relative value and the economic outlook in current market conditions.

Read more

Macroeconomic and Investment Research

Macro Forecasts for 2016

Scott Minerd, Chairman of Investments and Global CIO, analyzes in 10 charts global macroeconomic trends most likely to shape the investment environment.

 
 

Recent Perspectives

April 13, 2016

High-Yield and Bank Loan Outlook – April 2016

While spreads have since narrowed, we are still finding bargains in high-yield bonds and bank loans.

Read Report


April 07, 2016

The Global Liquidity Trap Turns More Treacherous

The adoption of negative interest rates will do little to stimulate growth.

Read More


March 17, 2016

Fixed-Income Outlook: First Quarter 2016

In our new quarterly publication, the leaders of our fixed-income investment team discuss relative value and the economic outlook in current market conditions.

Read Report


March 17, 2016

Agency Residential Mortgage-Backed Securities: Gaining from the Flight to Quality

Agency MBS offers an opportunity to diversify volatility and liquidity risk as we near the end of the credit cycle.

Read More


March 17, 2016

Asset-Backed Securities and CLOs: Yield Premiums in Select ABS

Recent spread widening across several areas of the ABS market, particularly in post-crisis mezzanine CLOs, creates a compelling entry point.

Read More


March 17, 2016

Bank Loans: Sympathetic Widening Yields Opportunity

Bank loan valuations weakened in sympathy with the high-yield bond market, but we believe investors are being well-compensated for credit risk.

Read More


March 17, 2016

Commercial Mortgage-Backed Securities: Time to Focus on Neglected Credits

A technical pricing dislocation in subordinated CMBS and non-traditional CRE offers a compelling entry point for commercial mortgage investors.

Read More


March 17, 2016

Commercial Real Estate Debt: 2016 Could Be a Supply Story

Investor demand for commercial mortgage loans was strong in 2015, but it remains to be seen whether the trend will continue in 2016.

Read More


March 17, 2016

High-Yield Corporate Bonds: Compelling Relative Value Despite Volatility

After their first annual loss since 2009, our research suggests select high-yield bonds look attractive again on a risk-adjusted basis.

Read More


March 17, 2016

Non-Agency Residential Mortgage-Backed Securities: Strong Credit Performance, Favorable Supply Dynamics

Credit fundamentals and market supply dynamics provide a tailwind for non-Agency RMBS.

Read More




© 2016 Guggenheim Partners, LLC. All rights reserved. Guggenheim, Guggenheim Partners and Innovative Solutions. Enduring Values. are registered trademarks of Guggenheim Capital, LLC.