After four-day rout in US markets, stocks jump as much as 3 percent; still mostly down for the week

FAN Editor 6 years ago

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Guggenheim investment chief predicts there's a 50% chance the Fed cuts rates next year

Wed Dec 26 , 2018
There’s a 50 percent chance that the Federal Reserve reverses strategy and instead cuts interest rates next year, Guggenheim’s head of investing told CNBC on Wednesday. “Historically … when we’ve had this kind of a pullback in stocks, the Federal Reserve reacts — they at least pause,” Scott Minerd said […]

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