Bullish Investor Sentiment
Doug Kass
on
August 19, 2026
Don’t even consider the “cash on the sidelines” argument as legitimate:
Wow! Cash levels at their sixth-lowest since 1998, equity allocations at their highest since 2021. Fund managers have moved almost fully out of caution. Everyone’s on one side of the boat, no caution, just partying, and this is exactly the moment to pay attention. pic.twitter.com/eWdyiJJFD4
— Marc-André Fongern (@Fongern_FX) August 19, 2026
Position: None
- Category: Daily Diary
Posted by Doug Kass
Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality. On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box." A Note from Doug: Current strategies and actionable trade ideas -- all on one dynamic platform built exclusively for active trades. From sudden sell-offs to sudden spikes, TheStreet Pro arms you with crucial analysis -- at a rapid fire, professional pace -- to help you make sound trading decisions -- every day, every hour, and every minute. Join me and my team of professional traders for unique perspectives and breakthrough investment opportunities.