US is the hope for China & Europe economies: Minerd

11:36 AM ET Thu, 23 Jan 2014

"Two big themes are income inequality and Africa is the place to be in terms of emerging markets," says Scott Minerd, Guggenheim Partners chief investment officer, discussing issues at Davos. Minerd also weighs in on the Pimco shakeup and if Guggenheim will go after any of their bond business.