September 28, 2017

These are crazy times


What Doug Kass thinks of the Fed 
The proposed Fed policy to shrink its balance sheet is a joke. As one man said. "It is like trying to diet by eating two desserts instead of three." 

On Volatility and being a contrarian
I get the feeling that things could come apart in so many places, yet volatility is at a three-decade low. These are crazy times -- and, to many, like myself, very frustrating.

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