If you’re not reading Doug Kass on a regular basis, here’s one more reason why you should… This morning he posted his Letterman-style list 20 Signs Of How Bad The Economy Is over on RealMoney Silver. You need a subscription to read it, so I’ll only share two or three of these: The economy is…
RealMoney
Doug Kass: 10 Reasons Why The Market Has Likely Peaked For The Year
“I am less confident as a decade of hocus-pocus borrowing and lending and 35-to-1 leverage at almost every level in both private and public sectors cannot likely be relieved in the great debt unwind over the course of only 12 months.” -Doug Kass, August 26th 2009 Doug Kass has made some tremendous calls over the…
Fed Leaves Rates Unch, Kass Sees Possibility of Much Higher Rates in the Statement
OK, so my excitement for today’s FOMC meeting notwithstanding, today’s statement, on it’s surface, didn’t appear to contain anything new. That said, TheStreet.com’s Doug Kass, my fave market commentator, has come away with a different perspective on what may have been said between the lines. 8/12/2009 2:48 PM EDT From my perch, the Fed report suggests…
Where are we in the Banking Cycle?
The cross-currents that exist right now in the financials are astounding, both in their extremes and in the potential for multiple interpretations of risks/opportunities. Writing for RealMoney Silver this morning, Chris Atayan sums up where we are in the banking cycle perfectly: We are now solidly in the early stages of another financial services cycle. Financial markets…
This Just In: Wells Fargo Secondary Announced
Reuters just reported: 1869 RAS 08:12 WELLS FARGO & CO ISSUE TO RAISE $7.5 BLN- SOURCE =A3 1868 RAS 08:10 WELLS FARGO & CO TO SELL 341 MLN SHARES- SOURCE =A2 1867 RAS 08:10 WELLS FARGO & CO WFC PRICES STOCK ISSUE AT $22 PER SHARE Where did we hear that first? Oh, yeah…Doug Kass’s…
