The stock market is poised for a swift 20% sell-off by mid-October with recession increasingly likely, Guggenheim's Scott Minerd says

Investors shouldn’t get too excited about the recent rally in stocks as a big decline could be on the horizon, according to Guggenheim chief investment officer Scott Minerd. In a Thursday tweet, Minerd pointed to poor seasonals and elevated valuations amid a period of high inflation as reason to …

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