AUTHORS
Doug Kass
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. 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."
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Recent Articles By The Author
Programming Note
All morning my office has been dealing with some connectivity problems related to the storm. Thanks for being patient.
Midday Musings From Sir Arthur Cashin
This looks very much like a bear market bounce. After having sold off much of last week and becoming broadly oversold, the market benefitted from the reversal on the British taxes and the top in yields, prompted by the flight to safety over the week...
Boockvar on the Data
My pal/buddy/friend Peter on the data: The September ISM manufacturing index fell to 50.9 from 52.8 and that was 1.1 pts below expectations. That's the lowest since May 2020. New orders fell below 50 at 47.1 and is less than 50 for the 3rd month in...
The Fed Meeting
There has been a lot of talk about today's closed Board meeting by The Federal Reserve (see below). I view it as a red herring. In all likelihood the meeting is about discussing the discount rate which usually occurs after the Federal Reserve rais...
From The Street of Dreams
Cantor Fitzgerald: Cannabis Becoming More Constructive - SAFE Plus Likely Investment Summary: View Chart » View in New Window »
Premarket Movers
Upside - +636% (to be acquired by Alexion, AstraZeneca Rare Disease for $2.07/shr in cash) - +32% (Sumitomo Chemical Co., Ltd.discloses amended stake) - +16% (receives FDA Fast Track Designation for sapanisertib for the treatment of NRF2-mutated squ...
Beware of Celebrity Endorsements of Stocks and Other Asset Classes
I had previously highlighted the absurdity of Matt Damon's Super Bowl (ad) sponsorship of crypto.com in Barron's earlier in the year and Kim Kardashian's entry into the private equity field in Barron's last month (Randy Forsyth's Up and Down Wall St...
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