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: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...