Guggenheim's Minerd Sees Increased Risk of Financial Rout in Third or Fourth Quarter

The transcript discusses the decision to keep the benchmark interest rate unchanged and the plan to gradually increase borrowing costs. It highlights the shift in economic assessment from 'solid' to 'strong' and predicts two more rate increases this year, with a high probability in September and a moderate chance in December. The discussion also covers potential financial risks, particularly in the September-October period, drawing parallels to past market events and noting the vulnerability of tech stocks.

What was the change in the economic assessment mentioned in the first section?

• From solid to strong

• From weak to solid

• From strong to weak

• From stable to volatile

What is the probability of a rate increase in September according to the second section?

• 65%

• 95%

• 50%

• 80%

Which months are considered historically volatile for the stock market?

• September and October

• November and December

• March and April

• January and February

What recent event is compared to the 1999-2000 Internet bubble collapse?

• A sudden drop in oil prices

• A decline in Facebook's stock

• A rise in gold prices

• A surge in housing market

What sector is showing signs of weakness according to the third section?

• Retail

• Automobile

• Technology

• Healthcare