Wow! The market might go up, down or stay the same!!?! THANKS for the insight!!!
Well, at least he gives probabilities to each scenario and seems to conclude that a deep correction is unlikely. That’s what I garner from the article.
Doug Kass called the bottmo in March when the whole thing looked like it was going over the cliff.
He called it a “Generational low”
Kass has credibility
Yeah, all with about a 33% probability. Who knew?!
:)
I agree. The market will, in fact, do something. Hedging a predictive bet by saying that probabilites are equal in every direction is useless. If he has any guts he should pick a lane and stand on his choice. That’s what we have to do when we invest.
I’d put the odds at...20%, 78% and 2%. In that order.