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Kass: Blinded by the Derivatives Boom
By
Doug Kass
10/22/07 - 12:30 PM EDT
The need for speed in these markets led to the loss of common sense, particularly in lending.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,501.05 | 1,114.11 | 2,212.10 | 35.46 |
Oil *
71.81
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UP
29.55
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UP
7.70
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UP
21.79
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UP
0.06
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10 Yr
3.55%
SPDR Gold
110.24
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+0.28%
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+0.70%
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+0.99%
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+0.17%
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Data delayed 20 minutes |
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