Stocks could rally 20% after this bruising rout, says Guggenheim’s Minerd — after that, watch out

Scott Minerd of Guggenheim Partners has some good news — and some bad news — for stock-market investors. First, the good news: If investors are smarting from a bludgeoning that has racked up withering weekly losses for the Dow Jones Industrial Average DJIA, -1.19% , the S&P 500 SPX, -1.73% and the Nasdaq Composite Index…

Continue Reading →

Reignited Rally Sets Off Talk of $100 Oil

Oil prices are again marching higher, prompting talk that crude could reach $100 a barrel for the first time since 2015’s crash. Brent crude, the global benchmark for oil prices, jumped 4.1% in the third quarter to $82.72 a barrel, the highest level in nearly four years. Brent’s fifth consecutive quarterly advance marks its longest…

Continue Reading →