May 22, 2017

You may want to worry about Return Of Capital instead of Return on Capital

With the US stock markets near all time highs, Doug Kass thinks it may be a time to sell stocks and buy gold. He thinks capital preservation should be a priority instead of return on capital. 

President Donald Trump has proposed tax and regulatory reform but they may be delayed or diluted. The reasons being 
-Firing of FBI Director Comey, Preet Bahrara, Sally Yates.
-President Trump may have revealed classified information to the Russians
-Comey's bombshell memo indicating he may have been under pressure to drop the FBI probe into Michael Flynn