Market Currents
"I am as bearish on stocks as I have been in some time," writes Doug Kass. "Much of the current...
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Thursday, February 21, 11:26 AM ET"I am as bearish on stocks as I have been in some time," writes Doug Kass. "Much of the current investor optimism expressed in a rising stock market is not consistent with the underlying economic and profit data," he continues, saying the exact same thing David Einhorn said on the GLRE earnings call yesterday.
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These are the same people that brought you 2007 and 2000 and 1981.
I think we need to fire them all and tell everyone we will create 2% more money each year forever.....anything else is disruptive.
We need and require stability immediately.
Anything other than that is insanity.
PS, - YOU ARE RIGHT, I'm part of the 49%, I guess. Who's going to vote against getting stuff for free! Makes me sick.
Remember the Bloomberg study? There are NO economies at banks beyond $100 Billion in assets.
Another great study from them.