Scott Minerd, over at Guggenheim Partners, bullish on bonds even as the Fed says its raising rates. They're sooo dumb!

This is truly unbelievable.

It's like a fraternity of idiots.

This guy, who by the way was totally bearish on stocks back in February and telling people to sell when I was saying BUY, BUY, BUY is now saying Treasuries will do well EVEN THOUGH THE FED IS THE ONLY MAJOR CENTRAL BANK IN THE WORLD RAISING RATES RIGHT NOW!!

Unbelievable! They have no clue. No clue. It's literally all guessing and saying what others say even if it's wrong.

I'm sure he gets paid a shitload of money, too.