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

"I am as bearish on stocks as I have been in some time," writes Doug Kass. "Much of the current...

  • 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.
Track new comments on this story

This news story has 4 comments:

  • Could not agree more.....the Fed has kept this nonsense going for way too long and now we are in another bubble.

    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.
    21 Feb, 11:41 AM Reply Like
  • are you kidding, why we had our chance in Nov 2012, and the people spoke, at least 51% or so. Guess nobody agrees with you.

    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.
    21 Feb, 04:23 PM Reply Like
  • Has little to do with Obama.....it is the system of Banking that was coddled in the melt----we should have nationalized the biggies....fired the wackos, fix the buggers, chopped em up into assets of $100 Billion and sell them at auction....this fix would last at least 50 years.

    Remember the Bloomberg study? There are NO economies at banks beyond $100 Billion in assets.

    Another great study from them.
    22 Feb, 06:27 PM Reply Like
  • I also agree. Printing $ should be in line with GDP each year. I am amazed that the Fed which is owned by Private Banks is allowed to affect billions of people for the sake of a few. This is insane. We elect leaders to represent us and yet we get the Fed who really runs the show.
    21 Feb, 12:05 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)