Global Synchronized Easing Coming Soon? Doug Kass Thinks So
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Doug Kass is making a prediction of sorts on Twitter today following the weak U.S. jobs market, which has equities tanking and treasuries soaring.
"Look for synchronized global easing shortly (China, Europe and US)," Kass stated.
While all the major economies mentioned already have easing in place, a coordinated bazooka of cash could reestablish the "risk on" trade, which would be positive for stocks, gold and other commodities, and negative for the dollar and possibly bonds.
"Look for synchronized global easing shortly (China, Europe and US)," Kass stated.
While all the major economies mentioned already have easing in place, a coordinated bazooka of cash could reestablish the "risk on" trade, which would be positive for stocks, gold and other commodities, and negative for the dollar and possibly bonds.
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