Guggenheim’s Minerd Sees Technical Target of 4100 for S&P 500

Guggenheim Partner Global Chief Investment Officer Scott Minerd says the market’s response to the ongoing crypto crisis and the latest inflation data shows how vulnerable it is to “an unexpected exogenous event” but he sees potential for further upside for rates and equities with technicals suggesting “a target of 4100” for the S&P 500 Index.