Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Among Doug Kass's 15 surprises for 2011: The market moves sideways (that's a surprise?); a new...

  • Monday, December 27, 2010, 6:50 PM ET
    Among Doug Kass's 15 surprises for 2011: The market moves sideways (that's a surprise?); a new political party (the American Party) emerges; gold loses its luster; Microsoft (MSFT) launches a $21.50/share tender offer for Yahoo (YHOO); and hedge fund trading freezes over amid broader SEC probes.
Track new comments on this story

This news story has 8 comments:

  • Doug is very successful and smart but his surprises are not predications. They are food for thought.
    27 Dec 2010, 07:29 PM Reply Like
  • I read the entire article earlier and thought several of his predictions were clearly out of left field. Great food for discourse.
    27 Dec 2010, 07:40 PM Reply Like
  • Never make predictions, especially about the future.
    Casey Stengel
    27 Dec 2010, 09:23 PM Reply Like
  • His negatively biased forecasts regarding gold are as incompetent as his understanding of gold's intrinsic value. However, it will be difficult for his 2010 gold surprise to prove more inept than his wildly inaccurate 2009 prediction. He will have at least a couple things right. Gold will be volatile and $50+ daily moves will not be uncommon.
    27 Dec 2010, 09:25 PM Reply Like
  • Just out of curiosity, how do you know, "Gold will be volatile and $50+ daily moves will not be uncommon".

    The irony of your name has not escaped me.
    27 Dec 2010, 09:28 PM Reply Like
  • I believe that in 2011, a country in Western Europe will fall so far into disorder because of economic problems that it will request military aid from the U.S. in order to suppress rebellion. There's my bold 2011 prediction.
    27 Dec 2010, 10:47 PM Reply Like
  • 所有这些信息都很好,好厄尼,我觉得是很二零一...
    28 Dec 2010, 02:00 AM Reply Like
  • You tell 'em, Spence!
    I, for one, would be Very surprised if we get a sideways market in 2011. But the rest of the proffered sample seems a bunch of gimmes, no stretch at all. Social turmoil tends to favor new political parties (Lincoln), gold is exhausted (couldn't make a new high on a nuclear war scare), and the turn in the economic cycle means the public and its servants will cast a malign eye on the winners of the last cycle, the hedge funds.
    28 Dec 2010, 02:35 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)