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Guggenheim’s Minerd says despite yield-curve inversion, Fed won’t be able to resist urge to raise rates in 2019

Mark DeCambre
Guggenheim’s Minerd says despite yield-curve inversion, Fed won’t be able to resist urge to raise rates in 2019

Never mind the alarm bell sounded by one of Wall Street’s most accurate recession indicators, Scott Minerd of Guggenheim Partners says the Federal Reserve will revert to its old hawkish ways before the end of 2019.