It’s Risk On for Guggenheim’s Minerd After Stocks Hit Record

  • Stocks have room to rise 10% to 15% more, Guggenheim CIO says
  • Emerging markets, led by Chile, will do even better, he says

Scott Minerd, who manages $250 billion for Guggenheim Partners, says U.S. stocks may rally as much as 15 percent in the rest of the year and emerging market assets may do even better, after markets brushed off scares from China’s economy, oil and Britain’s vote to leave the European Union.

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