• US stocks could tumble 15% in a rough fall - and the bitcoin bubble could deflate further this year, Guggenheim's Scott Minerd says

    7 days ago - By Business Insider

    Guggenheim Investments Global Chief Investment Officer Scott Minerd.
    Milken Institute
    US stock prices and bond yields could decline further this fall, Scott Minerd told Bloomberg.
    Fears that the delta variant will cause the economy to weaken could see US stocks fall 15%, he said.
    Minerd said "there's still more air to come out" of the bitcoin bubble.
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    US equities could drop 15% by the end of October, driven lower by concern over the delta variant of COVID-19 and its impact on global growth, while cryptocurrencies...
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