February 28, 2019

The market rally since December 2018 has been great

The market rally since December 2018 has been great but Doug Kass still has some doubts of the market rally.


"I frankly don't know why others aren't more concerned that the EU economies are entering recession despite near zero interest rates and, domestically, the Fed is afraid to take fed funds closer to 3% because of their perception of a fragile U.S. economy. With rates so low globally, the tools to revive economic growth are not apparent to me. I do not expect a challenge to the low of two months ago but I expect markets to falter again over the next few months."


via twitter

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