@realdonaldtrump
Whiners, just like the Whiner in Chief: Jared Kushner and Ivanka Trump threaten to sue Lincoln Project: Anti-Trump Republicans’ Times Square billboards accuse advisers of showing ‘indifference’ to Americans suffering amid pandemic. Gotta love The Lincoln
Project’s reply:

“The level of indignant outrage Jared Kushner, and Ivanka Trump have shown towards the Lincoln Project for exposing their indifference for the more than 223,000 people who have lost their lives due to the reckless mismanagement of Covid-19 is comical,” a
statement said.
“While we truly enjoy living rent-free in their heads, their empty threats will not be taken any more seriously than we take Ivanka and Jared. It is unsurprising that an administration that has never had any regard or understanding of our constitution would try
to trample on our first amendment rights. But we fully intend on making this civics lesson as painful as possible.
“Jared and Ivanka have always been entitled, out-of-touch bullies, who have never given the slightest indication they have any regard for the American people.
We plan on showing them the same level of respect. The billboards will stay up. We consider it important that in Times Square, the crossroads of the world, people are continuously reminded of the cruelty or density and staggering lack of empathy the Trumps and the Kushners
have displayed towards the American people.” @jimcramer @tomkeene @SquawkCNBC @cnbcfstmoney @ScottWapnerCNBC @RiskReversal @saraeisen @lizclaman @threadreaderapp unroll

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More from @DougKass

27 Oct
Coming up on @realmoney

Not All Investment Views Are Created Equal
* All market views are not equal - nearly every investment view should have a different level of conviction
* After Monday's sizeable and swift dive, my short term market outlook is now blurry
* It may not be the time to be 'balls to the walls' (in either long or short direction)
* A large put position satisfies me for now
* If I was pushed for a short term view I would guess that the near term outlook is a bit more positive than negative - but not materially so
"The best lack all conviction, while the worst are full of passionate intensity."
--William Butler Yates
I like to write that the only certainty is the lack of certainty.
But, as an old acquaintance recently said to me, today there are more possible outcomes (some of them
Read 7 tweets
26 Oct
@realmoney
Oct 26, 2020 | 04:15 PM EDT DOUG KASS
I Like My Positioning
* Especially into next Tuesday's election
* I end the day between small-to medium-sized net short in exposure (but closer to small!)
I end the day with large ($SPY) and ($QQQ) put positions (having covered
all my Index shorts -- for a nice profit -- into the whoosh lower).
After my long purchases today my net exposure is now between small- and medium-sized net short (actually close to smaller) but will change a lot depending on the direction of the market.
Given my put positions,
the lower the market goes, the shorter I get. The higher the market goes (and my puts leak in price), the longer I get.
As I wrote earlier I am surprised how quickly the market broke down today.
I have always been concerned about Covid-19 and I never thought a stimulus bill was
Read 11 tweets
26 Oct
@realmoney
Oct 26, 2020 | 12:50 PM EDT DOUG KASS
Price Is Not Necessarily Truth (Part Whatever)
* Our investment world has changed
* And not for the better
I don't believe that price is truth as the changed market structure -- passive products and strategies that generally
worship at the altar of price momentum -- exaggerate price action.
It is my view, therefore, as I have written often, that these strategies have made the interpretation of charts less valuable than in the past.
Partially as a consequence, I have a feeling when some bullish
technicians turn bearish, if prices continue lower, I will be turning bullish.
It doesn't mean that the technicians will be wrong and that I will be right.
I am just pointing out that, and why, I believe that charts have lost some of the reliability of the past.
That said,
Read 8 tweets
26 Oct
Last week on @realmoney
Oct 22, 2020 | 01:40 PM EDT DOUG KASS
Some Investment Themes to Consider Over the Next Few Months
As you map out your strategy for year-end and for 2021, here are some themes to consider:
* Short Fixed Income: Bonds are among the most risky and least
efficiently priced asset classes extant. The 10 year note yield is about to break to the upside (of its 200 day moving average) - the 30 year yield already has. A large, Democratic-led February stimulus package could be a catalyst for the 10 year US note to climb over 1% in the
near term.
* Short Homebuilders: The sector is negatively influenced by the rate of change in bond yields. With mortgage rates rising and home prices catapulting higher the seeds of slowing home demand are being sown. Peak Housing may be at hand in the next few months. After
Read 8 tweets
18 Oct
@realdonaldtrump
Trump Says He May Leave the Country If He Loses
nymag.com/intelligencer/…
Wouldn't this be awesome?! I'd even be OK with him avoiding prison for his crimes if he never set foot in the U.S. again - to better ensure that the stain of Trumpism is forever vanquished
.

Keep in mind that he has no sense of humor and never jokes - one reason why he has no friends (seriously - when asked, he couldn't name one).
Excerpt:
"Perhaps one thing on the president’s mind is the developing criminal case against him. He faces serious legal jeopardy by
prosecutors in Manhattan and New York State for what seems to be, on its face, fairly cut-and-dried criminal fraud in his private business dealings. It is also possible that, having left office, prosecutors may turn over some rocks and discover more criminal behavior as president
Read 6 tweets
15 Oct
Opener on @realmoney
This Week Demonstrates My Incremental Tactical Approach in Responding to a Possible Topping in the Markets
* In trading and investing, you don't have to submerge - you can take a dip incrementally
* The investment mosaic is complex and ever changing - it
is also becoming less predictable (on a near term basis) because of a changing market structure that exacerbates short term moves
* A regime of heightened volatility is ideal for opportunistic and unemotional traders and investors
* The "Biden Bump" realmoney.thestreet.com/dougs-daily-di… is
likely over
* I entered this week large net long in exposure and have steadily reduced by exposure to where I moved into net short exposure yesterday - as the +350 handle rise in the S&P has pulled forward the fourth quarter gains I previously expected
I try to be
Read 7 tweets

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