While the 1970s were marred by “stagflation”, money manager and columnist Doug Kass says the U.S. is now being hit by “screwflation” — that is, the combination of inflation and the “screwing of the struggling middle class”. “While the U.S. economy, in real terms, has more than doubled in the past 30 years and corporate [...]
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Tag Archives: Doug Kass
Kass Grows Cautious
May 4, 2011
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Columnist and money manager Doug Kass says that while more and more investors seem to be jumping on the bullish train, he’s getting more bearish. “Despite nearly no one willing to fight the very strong tape, I am growing increasingly cautious on fundamental grounds and on technical (and “feel”) grounds,” Kass writes on TheStreet.com. “Color [...]
Read moreKass Turns More Bearish
December 16, 2010
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Columnist and money manager Doug Kass, whose track record of market calls in recent years has been very strong, says a variety of factors have him turning more bearish. “Within the context of an overbought and overloved equity market, the rapidity of the rise in interest rates is but one of the accumulating factors that [...]
Read moreKass on Ceilings and Floors
November 30, 2010
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Columnist and money manager Doug Kass is standing by his earlier call that the S&P 500 has hit its high for the year, but says current conditions make for a “fertile environment” for stock-pickers and traders. “My guess is that the risk/reward has tilted slightly more positive based upon the strength of the domestic economy [...]
Read moreKass Sees Market Topping
November 9, 2010
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Columnist and money manager Doug Kass has made some solid calls on the market’s movements in recent years, and now he thinks the market is topping out. Kass tells CNBC that he’s skeptical that the Federal Reserve’s latest round of quantitative easing will have the impact many are hoping for. He adds, however, that he [...]
Read moreKass: Time to “Re-Risk” Is Near
August 24, 2010
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Money manager and columnist Doug Kass, who has made some very good calls in the past couple years, is getting “longer” on stocks. “I think it’s approaching a time to re-risk,” Kass tells CNBC. “If the market continues to decline, I will expand the long book further.” He says he’s buying financials, including Bank of [...]
Read moreKass Still Net Long, But Worried
August 6, 2010
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Columnist and money manager Doug Kass says he’s still slightly net long, but has some significant concerns about where the economy and stocks are headed. Kass tells CNBC that he wouldn’t get caught up in the market optimism that has grown in recent weeks.
Read moreKass: We’ve Hit 2010 Lows
July 7, 2010
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Money manager and columnist Doug Kass, who made a bold bullish call just days before the March 2009 rally began, now says he thinks we’ve seen the end of the recent market decline. Kass tells Yahoo! Tech Ticker that just as things weren’t as good as they seemed two months ago, they aren’t as bad [...]
Read moreKass: Volatility Distracting Investors from Positives
May 28, 2010
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Columnist and money manager Doug Kass tells CNBC that the recent market turbulence is distracting investors from good news about the U.S. economy, and that high-frequency trading has “so screwed up the market that you can throw out all technicals”. Kass says that while there are fundamental headwinds, the market is offering a strong 8% [...]
Read moreKass Sees Big Opportunities in Big Banks, “Bumpy Road” for Broader Market
June 4, 2009
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Back in March, we highlighted the bottom call and bullish turn made by TheStreet.com columnist, money manager, and longtime bear Doug Kass. Today, Kass tells Yahoo! TechTicker that he thinks many big bank stocks could double or triple over the next few years, though he expects a bumpy road ahead for the broader market. The [...]
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