Minerd and Scaramucci Talk Euros And Downward Wage Pressure At SALT Conference (VIDEO)

May 24 2010 | 2:47pm ET

CNBC's Maria Bartiromo speaks with Guggenheim Partners' Scott Minerd and Skybridge Capital's Anthony Scaramucci on the sidelines of last week's SALT Conference in Las Vegas.

The conference was easily the largest in the alternative investment industry this year, boasting 1,500 attendees.

"The Euro is going to have to go lower, it is just a fact of what is going on in Europe," says Scaramucci.

Minerd agrees. "I think you have to have some percent of your assets in what I call the anti-currency trade," he says, such as gold, silver and art.

Original Airtime: Wed. May 19 2010 | 2:15 PM ET



In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...