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

Sustainable Development: The Future of Investing

Scott Minerd, Chairman of Investments and Global CIO, explains in the Milken Institute’s Power of Ideas why sustainable development will be a key component of long-term investment performance.

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Macro View

A New Policy Orthodoxy Is Emerging

The demand for new monetary policy strategy and greater fiscal action is growing.

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Sector Report

Rates: U.S. Beckons Yield-Starved Global Investors

Investors from outside of the United States seeking higher relative yields will continue to support Treasurys.

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Media Appearance

Minerd: Central Bank Liquidity Driving Asset Prices

On FOMC decision day, Scott Minerd, Chairman of Investments and Global CIO discusses on CNBC the investment ramifications of global central bank policies.

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Portfolio Strategy

Third Quarter 2016 Fixed-Income Outlook: Chart Highlights

At a glance, selected charts from our Third Quarter 2016 Fixed-Income Outlook highlight views from our fixed-income investment team on relative value and macroeconomic conditions.

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Minerd on WealthTrack: Fixed Income Strategy in a Negative Rate World

Scott Minerd, Chairman of Investments and Global CIO, discusses challenges and opportunities in today’s market with WealthTrack’s Consuelo Mack.

“The Fed is now hostage to the markets,” Minerd warned Mack as they discussed market challenges and opportunities on a recent edition of PBS' WealthTrack. “The problem is that as central banks around the world keep searching for new ways to stimulate the economy, it’s creating imbalances, so we’re slowly seeing asset classes get inflated.”

For investors, this dynamic creates an unusual conundrum: Where to find assets that represent value given the heightened risk inherent in a global economy awash in manipulated liquidity. In the following video series, including highlights from the interview, Minerd shares insights on how careful security selection and a disciplined approach to investing can help steer investors through challenging market conditions.

 

Recent Perspectives

August 24, 2016

A New Policy Orthodoxy Is Emerging

The demand for new monetary policy strategy and greater fiscal action is growing.

Watch Video


August 19, 2016

Third Quarter 2016 Fixed-Income Outlook: Chart Highlights

At a glance, selected charts from our Third Quarter 2016 Fixed-Income Outlook highlight views from our fixed-income investment team on relative value and macroeconomic conditions.

Read More


August 17, 2016

Finding Relative Value with One Eye on Global Central Banks

Fixed-Income Outlook: Our third quarter 2016 report on investment strategy, relative value, and economic conditions.

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August 17, 2016

Rates: U.S. Beckons Yield-Starved Global Investors

Investors from outside of the United States seeking higher relative yields will continue to support Treasurys.

Read Report


August 17, 2016

Non-Agency Residential Mortgage-Backed Securities: Market in Slow Motion

Constructive themes of improving fundamentals and limited supply remain firmly in place.

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August 17, 2016

Municipals: Watching Election-Season Tax Debates

Talk of tax reform will likely create uncertainty in the otherwise-robust municipal bond market.

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August 17, 2016

Investment Grade Corporate Credit Global Demand Meets Abundant Supply

Relatively high yields and abundant supply entice global fixed-income investors.

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August 17, 2016

High-Yield Corporate Bonds: Energy Leads the Way

The energy sector currently offers the best potential total return upside in the high-yield space.

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August 17, 2016

Commercial Real Estate Debt: Will the Party Continue?

Despite positive fundamentals, the second quarter saw a significant decrease in lender appetite.

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August 17, 2016

Commercial Mortgage-Backed Securities: A Rally in Spreads, a Surge in Supply

Market volatility in the first half of 2016 has given way to a sharp rally in CMBS spreads and resurgence in CMBS issuance.

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