Scott Minerd Again. Calls Stock Marketplace Titanic Heading For An Iceberg. Yous Gotta Buy.

Guggeheim Partners' Scott Minerd says the stock marketplace is similar "the Titanic heading for an iceberg."

Look...

“Just every minute an iceberg loomed inwards the distant darkness to hold out struck past times the Titanic nether sum steam, together with then the U.S.A. economic scheme approaches the distant financial drag of 2020 nether the sum steam of charge per unit of measurement increases to comprise inflation together with an overheating labor market...”

He's got a flowery agency amongst words.

Fiscal drag? What financial drag is he talking about? The regime is operating amongst tape spending together with inwards 2020 according to the CBO spending volition hold out fifty-fifty higher along amongst the deficit.

The financial drag that Minerd is referring to is the deficit. He thinks that's financial drag when he should hold out cheering these numbers.

You gotta purchase inwards this dip.

BTW...I've lay upwardly numerous posts nearly Minerd's calls inwards the past. Check them out here.