Kass Says Fed Cut Coming Soon

Will be interesting to see if this comes to fruition.... I just think being short at this time is being greedy. The easy fruit has been picked and bears are acting like bulls were at times earlier this fall and winter when pickings were easy. :)

Nothing goes straight down... nothing goes straight up. Here is what Doug Kass is saying:

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.

Enough said.

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More interesting than the news, will be the reaction by the markets (if it happens)

Popcorn at hand...