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The Breakfast Briefing: Bears Come Out Of Hibernation
Quoting: "“The likelihood is stocks will reach new highs by year end,” said Scott Minerd, chief investment officer at Guggenheim Partners, which manages more than $190 billion in assets. “This little flush over the past week is healthy and should set us up for a nice recovery.”
Is he simply IGNORING European political developments? He can't be oblivious to what's happening in Eastern Europe and the retaliatory trade steps taken by Vladimir Push-face. Someone might say Russia is isolated and no one likes Russia in light of what's going on. But Europe is married to Russian natural gas. And Russia is pretty huge. Just wondering.
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Is he simply IGNORING European political developments? He can't be oblivious to what's happening in Eastern Europe and the retaliatory trade steps taken by Vladimir Push-face. Someone might say Russia is isolated and no one likes Russia in light of what's going on. But Europe is married to Russian natural gas. And Russia is pretty huge. Just wondering.