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Guggenheim's Minerd Was a Wall Street Outsider Who Made It His Home

No other bond king could come close to bench-pressing 495 pounds 20 times over, as Scott Minerd did in his prime. ....

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Founder Of World's Largest Hedge Fund Rails Against Fed, Predicts 20% Stock Plummet

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent Lin. ....

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Investor sentiment is at historic pessimism. Worse than MARCH 2020. Worse than DECEMBER 2018. Even in 2008 – similar spikes led to violent Bear Market rallies. – Investment Watch

Investor sentiment is at historic pessimism. Worse than MARCH 2020. Worse than DECEMBER 2018. Even in 2008 – similar spikes led to violent Bear Market rallies. – Investment Watch
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Guggenheim CIO Calls Crypto 'Tulipmania' After Predicting Bitcoin Will Hit $600,000

Guggenheim’s Chief Investment Officer turned bearish on cryptocurrency after Bitcoin’s drop to $30,000 on Wednesday.
What Happened: Scott Minerd, chief investment officer at Guggenheim Partners, seemingly reversed his stance on crypto after Wednesday’s selloff as he took to Twitter to state that it has proven to be “Tulipmania.”
Crypto has proven to be Tulipmania. As prices rise, tulip bulbs and #crypto currencies multiply until supply swamps demand at previous market clearing prices.
Minerd’s comments attracted a fair amount of criticism from the crypto community, with most people calling into question whether Guggenheim had done its research before announcing plans to invest “hundreds of millions” into ....

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Guggenheim Partners CIO Scott Minerd Stands by $400K Bitcoin Price Prediction

Guggenheim Partners CIO Scott Minerd Stands by $400K Bitcoin Price Prediction
Jan 18 2021 · 09:22 UTC | Updated
Jan 18 2021 · 09:37
by Bhushan Akolkar · 3 min read
Photo: Shutterstock
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Recently, when Bitcoin (BTC) crossed $41,500 levels, Minerd contradicted his own bullish prediction saying that it’s time for some profit-booking. However, the Guggenheim CIO clarified that it was for the short term and added that he still remains bullish on long term.
Last week on Friday, January 15, Guggenheim Partners Chief Investment Officer Scott Minerd spoke to Bloomberg Market about the recent state of bitcoin (BTC). Minerd said that he stands by his earlier prediction that Bitcoin can touch $400,000 levels in the long term. ....

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