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Kass: Stock market to hit all-time high in 2012 By Prieur du Plessis, on December 30th, 2011 posted in: Investment, Markets, Money  Leave your comment
In this video clip, Doug Kass, founder of Seabreeze Partners, discusses his stock market, SPX, predictions for the new year. The interview essentially covers the same ground dealt with in my post of two days ago, “Doug Kass’s 15 surprises for 2012“. STOP PRESS: Just in at 14:00 EST – a tweet from Doug with his “also ran surprises”: the CEO of BAC resigns; the VIX trades at 10-15; Facebook’s IPO breaks its offering price; the 10-year Treasury yield rises to 3%; and more corporate sex scandals. Source: CNBC, December 27, 2011.
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