Quotes

Doug Kass: Why I'm Aggressively Buying Bank and Brokerage Stocks

Doug Kass: Why I’m Aggressively Buying Bank and Brokerage Stocks

On Wednesday I listened to a downbeat discussion of bank and brokerage stocks on CNBC’s Half Time. The investors that own them on the show were dour and disappointed. None expected near term relief. The trader who was shorting Financial Select Sector SPDR Fund   (XLF) today, against his bank of America  (BAC) and Goldman Sachs  …

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This Is Not a Volatile Market, It's a Declining Market

This Is Not a Volatile Market, It’s a Declining Market

“You don’t bring me anything but down.” That Sheryl Crow lyric was running through my head this morning, as stock futures and Treasury prices both resumed their decline after yesterday afternoon’s typical post-Fed “relief rally.” That’s what you must watch out for now. If you are reading this column you are smart enough not to …

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