Doug Kass is the president of Seabreeze Partners Management Inc. Until 1996, he was senior portfolio manager at Omega Advisors, a $6 billion investment partnership. Before that he was executive senior vice president and director of institutional equities of First Albany Corporation and JW Charles/CSG. He also was a General Partner of Glickenhaus & Co., and held various positions with Putnam Management and Kidder, Peabody.Expand

Kass received his bachelor's from Alfred University, and received a master's of business administration in finance from the University of Pennsylvania's Wharton School in 1972. He co-authored "Citibank: The Ralph Nader Report" with Nader and the Center for the Study of Responsive Law and currently serves as a guest host on CNBC's "Squawk Box."Collapse

| May 21, 2015
| 3:48 PM EDT
$600 million to buy market on close.

The Consensus Real Money Pro($)

I am going to end the week (I will be out tomorrow) by observing that nearly everyone in the media (commentators, analysts, strategists and money managers) has adopted the consensus view. That view is that regardless of the strength or weakness in economic activity, stocks remain the most attractive asset class.

Picture of the Day Real Money Pro($)

Everytime unemployment claims go below 280k-300k we have a recession within a year or so:

A Heads Up on Interest Rates Real Money Pro($)

The yield on the 10-year U.S. note is down by 5 basis points to 2.195% today. In a recent update on my rate expectations, I opined that the yield has likely peaked (at 2.36%) and could move towards 2% this summer. 

Mo' Cashin Real Money Pro($)

From Sir Arthur Cashin:

Trading Update: F, GM Real Money Pro($)

My only trade today has been an addition to my Ford (F) and General Motors (GM) longs.
| May 21, 2015
| 12:00 PM EDT
High above the Alps my Gnome is hearing a rumor that a hedge fund with a relatively large short position in SH...

Cashin's Midday Musings Real Money Pro($)

More from Sir Arthur Cashin:

Parsing the Data Real Money Pro($)

HOUSING: April existing-home sales, measuring contracts likely signed between January and March, totaled 5.04 million -- about 200,000 less than expected and down from 5.21 million in March (which was revised upward by 20,000). That's according to the National Association of Realtors.

Cashin's Morning Musings Real Money Pro($)

From Sir Arthur Cashin:

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