TheStreet.com’s Doug Kass — whose early March bottom call continues to hold up — today offers a much more long-term outlook on the stock market. According to Kass, history — namely that of the 1930s and 1970s — shows that we could see a continued big push in stocks until late summer, at which point [...]
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Tag Archives: Doug Kass
S&P’s Stovall: Retest in the Works
April 21, 2009
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Sam Stovall, Standard & Poor’s chief investment strategist, offered some interesting data on whether this rally is for real in an interview with CNBC today. Stovall — who said back in March that the S&P 500 could rally 22 percent over the short term based on historical trends — says the market is due for [...]
Read moreKass Turns Bullish on Berkshire
April 9, 2009
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On the same day that Moody’s announced its credit rating downgrade of Berkshire Hathaway, Doug Kass — who’s made some hay by being short on Berkshire shares for the past year — writes on TheStreet.com that he’s now bullish on Warren Buffett’s firm. “When conditions change, as they appear to be doing now … opinions [...]
Read moreKass: It’s Dinner Time
March 12, 2009
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TheStreet.com’s Doug Kass — a pretty hardened bear whose stance began to soften last month — is now standing firm in his call that we’ve reached a bottom. “We live in a Land of Johnny-Come-Lately Chicken Littles, most of whom failed to identify the credit and economic risks 1½ years ago but who today hold [...]
Read moreKass Turning Bullish?
February 18, 2009
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It appears that Doug Kass — the money manager and RealMoney.com columnist who has been particularly bearish in recent years and predicted some of the economic crisis — is turning a bit bullish. On his RealMoney blog, Kass says he sees “tentative signs, but positive signs nonetheless,” for the stock market. “On multiple fronts, equities [...]
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