Doug Kass says economic turmoil will continue for quite a while, lending credence to the “W” shaped bottom that may develop as stocks dip lower again. Additional headwinds include Obamanomics experiment.Story
The Big Picture
Kass: “George Costanza” Market Now in Backing and Filling; Still Bullish For Summer Rally
Call this the “George Costanza market,” a market that does the opposite of what everyone thought it should have done three weeks ago and might now deviate from a growing view that the market will continue its rise in the weeks ahead. […]
The Big Picture
Federal Reserve Manipulating Stocks, Says Respected Expert
Was “Plunge Protection Team” Responsible for March Stock Market Surge? […]
The Big Picture
Jeremy Siegel Ph.D: “S&P 500 is cheap by historical standards”
Super-guru Jeremy Siegel says S&P 500 is cheap by historical standards. Jeremy Siegel believes there is a flaw in the way S&P calculates earnings. […]