Guggenheim's Minerd Likes Gov't-Backed CMBS, Emerging-Market Equities

The video discusses various investment options, including cash, Treasury bills, and long-duration bonds, in the context of an impending recession. It highlights the growth of the CMBS market, particularly government-guaranteed securities, and the lack of institutional investor exposure. The video also explores international investment opportunities, such as Japanese government bonds and Brazilian debt, and emphasizes the potential in emerging markets equities compared to the US stock market.

What are some options for taking profits mentioned in the text?

Why might cash be considered a viable option for investments?

What are CMBS securities and why are they considered an interesting investment?

What factors contribute to the under-ownership of certain asset classes in the market?

How do emerging markets compare to the U.S. stock market in terms of investment opportunities?