Kass: Time for Change
Beyond the potential for a new, catalyzed and change-driven Administration in November, the market's best hope continues to revolve around the following factors over the short term:
- a slowdown in emerging economies;
- the ECB backing off its rate hike policy;
- the Federal Reserve extending the duration of its liquidity auctions;
- a more productive fiscal stimulus package; and
- an effective strategy directed toward the housing depression.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
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DOWN
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DOWN
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DOWN
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