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Among Doug Kass's 15 surprises for 2011: The market moves sideways (that's a surprise?); a new...
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Monday, December 27, 2010, 6:50 PM ETAmong 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.
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This news story has 8 comments:
Casey Stengel
The irony of your name has not escaped me.
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.