Kass: Fed Is Cutting Soon

01/09/08 - 11:59 AM EST

Doug Kass

This blog post originally appeared on RealMoney Silver on Jan. 8 at 9:29 a.m. EST.

I have friends.

I have friends in Washington D.C.

I have friends who are very close to the Administration.

I have friends who are very close to members of the Fed.

This morning, several of those friends gave me an indication of heightened concerns regarding the domestic economy -- far more than what has been expressed by the President, the Secretary of the Treasury, and the Federal Reserve in various platforms over the last week.

And they say that the Fed will ease momentarily.

Dont Bet on Kass' Wild Fed Rumor

Enough said.

Doug Kass is founder and president of Seabreeze Partners Management, Inc., and the general partner and investment manager of Seabreeze Partners Short LP and Seabreeze Partners Short Offshore Fund, Ltd.

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