DOUG KASS: Don't Wait Until May, Sell Stocks Now

doug kassDoug Kass

Photo: @dougkass

The market cliche is: Sell in May, and go away.In his latest column for Real Money, Doug Kass advises not to wait that long.

His key points:

  • The economy is slowing, contrary to what a lot of people are saying.
  • Massive gridlock is coming in Washington, as Obama and the Republican Congress will likely return to power.
  • Monetary and fiscal contraction is coming.
  • The market itself is looking bad thanks to weak internals, like weakness in the Russell 2000, and a diminishing number of new highs.

See Kass full column here (pawywall) >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at