NEW YORK (Real Money) -- Doug Kass of Seabreeze Partners is known for his accurate stock market calls and keen insights into the economy, which he shares with RealMoney Pro readers in his daily trading diary.
This past week, Kass said he's reluctant to call a stock market top though he sees signs it's here. Meanwhile, he's betting that bank profits will rise with most of the declines in energy prices and U.S. dollar strength "having run its course."
Must Read: Warren Buffett's Top 10 Dividend Stocks
Determined to Be More Reactionary
Originally published on April 10 at 7:54 a.m. EDT
"I start each day with these three questions:
In a paperless and cloud(y) world, are investors and citizens alike as safe as the markets assume we are?
In a flat, networked and interconnected world, is it even possible for the U.S. to be an "oasis of prosperity" and a driver, or engine of global economic growth?
With geopolitical coordination of the G8 at an all-time low, if the wheels do come off, how slow and inept will the reaction be?
Financial and economic markets are cyclical - the big bear is not likely in front of us but a little bear might be." -- Kass Diary, Q1 Brought More Sign Posts of a Market Peak Market participants are at the most dangerous point in which fundamentals are being dismissed. Indeed, TINA (there is no alternative) is often back in the market commentary these days. Must Read: Warren Buffet's Top 10 Stock Buys
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