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Doug Kass Predicts Trump To Withdraw From Presidential Race

By on August 15, 2016

Doug Kass - Seabreeze PartnersDoug Kass, Seabreeze Partners, was on Bloomberg Surveillance several days ago predicting Donald Trump would withdraw from the presidential race. Citing dismal poll numbers, lack of Republican endorsements, limited financing and an impairment of the Trump business franchise from negative press, Kass implied a Trump withdrawal was imminent.

Regarding his current view of the stock market, Kass in an article posted at Real Clear Markets summarizes [link]:

I believe the upward revaluation in price-to-earnings multiples that we’ve seen over the past seven years could soon come to an end. That’s why I personally remain net short in the market.

Back in August 2013, Kass was bearish on the prospects for stocks [link].

One Comment

  1. Carl Icahn

    November 9, 2016 at 2:04 am

    Dumbass

    Reply

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