NEW YORK (TheStreet) -- Doug Kass of Seabreeze Partners is known for his accurate stock market calls and keen insights into the economy, which he shares with RealMoney Pro readers in his daily trading diary.Among his posts this past week, Kass explained why investors should get behind the wheel with Ford and why the media are inflating fears about the fiscal cliff. Please
Ford Is Still a Katch
Originally published on Friday, Nov. 30 at 1:21 p.m. EST.
- Ford's five-year credit default swap spreads are the lowest in more than two years; and
- the price performance in Ford's shares are lagging the credit improvement.
Don't Believe the Hype
Originally published on Friday, Nov. 30 at 12:00 p.m. EST.
"Disaster has a way of not happening."The media's obsession with fiscal cliff fears is comparable to Carrie Mathison's preoccupation with Abu Nazir and Nicholas Brody on Homeland. In a recent series of columns on Real Money Pro I opined that not only are the fiscal cliff fears overblown but so are the economic, political, geopolitical and tax fears overblown. Nevertheless, the earnings cliff fears (which will ultimately limit Mr. Market's upside) are not overblown.
-- Byron Wien, vice chairman of Blackstone Advisory Partners