Guggenheim's Minerd Sees 40% Correction From Next Peak When Downturn Hits

The video discusses the shift from 2008's financial issues to current corporate balance sheet concerns, exploring potential recession triggers like rising interest rates and corporate defaults. It highlights the Federal Reserve's role in managing inflation and the impact of floating-rate debt on companies. The video also provides investment advice, suggesting a possible 40% market correction and offering strategies for investors and traders.

What correction percentage is anticipated from the peak in equities before a recession occurs?

What advice was given to investors regarding selling and buying in the current market conditions?