Market Features
Kass: The Quant Bubble
As was the case when Citigroup's (C) Chuck Prince was dancing in 2007, we never know when and how these trends extinguish themselves. We do know, however, that any serious break in momentum in some of the bubblicious asset classes (perhaps caused by economic disappointment) could precipitate indigestion within the quant fund industry that could weigh on the stock market, more so than many now believe possible.
Doug Kass writes daily for RealMoney Silver, a premium bundle service from TheStreet.com. For a free trial to RealMoney Silver and exclusive access to Mr. Kass's daily trading diary, please click here.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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