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Doug Kass: Investors Missing China Risk to Rally

August 23, 2012 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Doug Kass of Seabreeze partners was on CNBC to discuss the U.S. Stock market outlook.

Source:www.cnbc.com

Here are his thoughts:

-- U.S. stock market has reached its high for the 2012.

-- High risk of deterioration in the corporate profits.

-- Expect more rapid decline in euro zone economy.

-- Upcoming fiscal cliff.

-- Investors are not discounting the risk associated with China.

-- China will have a hard landing.

-- It is already showing that the Shanghai stock index is the worst performing, down 40% since the rally after the financial crisis whereas S&P 500 is up 42% in the same time period.

-- China's government will try to simulate its economy with monetary easing but he doubts that will work.

Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 2.0/5 (1 vote)

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