In a Bloomberg interview this morning Doug Kass reaffirmed his prediction that Donald Trump would withdraw his candidacy for President.
Kass has been saying Trump would drop out on his reverse-typeset blog since late-June. I have taken a screenshot of the Doug Kass Blog ® and affixed it below, so you can see what an ugly website looks like:
Mr. Kass doubled down on the dropout rhetoric just last Tuesday:
Some six weeks after writing that, I now believe a Trump withdrawal is a more likely than ever. In fact, this might even represent a new baseline assumption for investors.
Now, there are certain things — a degree of respect, a solid political organization, a thorough thought process, etc. — that many believe all presidential candidates need. But arguably, Trump’s tone and tactics don’t conform to any of these.
Kass cites a lack of tone and tactics as the reason Trump will drop out which sounds like analyst-speak for ‘lack of political correctness’.
Doug Kass is the president of Seabreeze Partners Management Inc, a Financial Planning office down in Palm Beach, Florida. He is also a writer for TheStreet.com, a publicly traded website whose shares you can purchase for $1.25 on the open market.
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Kass throws so much mud at the wall in his predictions. It’s a personal pastime of his. However, he is drunk on establishment koolaid. Ain’t happening.
We can only hope!!