Scott Minard, chief investment officer of asset management firm Guggenheim, says the current market has offered “the greatest investment opportunity in a generation.” He also warns of several investments that are expected to fall further.
Guggenheim’s Scott Minard talks about “the greatest investment opportunity in a generation”
In a series of tweets on Monday, Scott Mainard, chief investment officer of Guggenheim Partners, shared what he believes are the best investments under current market and economic conditions.
Minard is also chairman of Guggenheim Investments, the global asset management and investment advisory arm of Guggenheim Partners. He is also a member of the board of directors of Guggenheim Investments, the global asset management and investment advisory arm of Guggenheim Partners, and a member of the Board of Directors of Guggenheim Investments. initiatives” as part of the “Efforts to Recover from the Earthquake and Tsunami.”
The Guggenheim CIO writes:
The current market offers perhaps the greatest investment opportunity in a generation: bonds of blue-chip companies that traded in the 1980s.
“The downside is that you get paid at par; the upside is that they give you the keys,” he added.
Investors should look to other good company bonds issued at much lower interest rates that were traded down,” Minerd warned, noting.
Traditional private equity is the worst place to be, as stocks could fall further.
Another prominent investor who has recently recommended bonds is billionaire Jeffrey Gundlach. He is bearish on the stock market and expects the S&P500 to fall 20% by mid-October. Buy the&long-term Treasuries,” he said, encouraging investors to “jump into long-term U.S. debt. Gundlach also warned of the risk of deflation.
Others who have warned about deflation in the U.S. economy include Tesla CEO Elon Musk and Arc Invest CEO Cassie Wood. U.S. President Joe Biden, however, is optimistic about the economy, noting that inflation has not spiked in months.
Recently, JP Morgan advised investors to get into value stocks, while Goldman Sachs recommended commodities. Robert Kiyosaki, author of “Rich Dad, Poor Dad,” warns that Fed rate hikes will destroy the U.S. economy and recommends investing in “real money,” which he names gold, silver, and bitcoin. He urges investors to get into crypto now, before the biggest crash in world history.
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