Guggenheim's Weekly Macro View Commentary
Nothing Burns Like the Cold
Global CIO Commentary by Scott Minerd
Last week we correctly forecast that U.S. retail sales would be heavily hit by the cold snap. Since then, there has been a litany of weather-related bad news -- U.S. industrial production has decreased, mortgage applications have fallen, housing data disappointed, and even restaurants are struggling. Click here to read more of Scott Minerd's commentary.