Are The Feds Goals Realistics?
Video Credit: Wochit - Duration: 00:32s - Published
Are The Feds Goals Realistics?
The Federal Reserve is targeting above 2% inflation.
Scott Minerd, Guggenheim global CIO told Bloomberg on Wednesday it is "virtually impossible" for the Fed to achieve that without creating a bubble in asset prices.
"The reality is that the inefficiencies that are building up in the system." Minerd said misinformation and mistaken investments will pose a challenge to investors.
Minerd also said that in spite of a setback in stocks over the course of the next month, investors should risk assets to go up in price.
