Investors Await Fed Tapering

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Nov. 12 (Bloomberg) -- MD Sass Chairman and CEO Martin Sass previews today's markets and discusses his investment ideas with Betty Liu on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Tapering come december.

-- chairman and ceo has a 2.5 billion under management.

200 4000 versus consensus of 120,000. if we get a continued strong jobs report in november, that might move the fed to act in december at their next meeting.

I think there is a 50% chance of that.

A 50% chance it is extended to march.

Tapering is in the cards.

As you know, i have been bearish on bond since last july.

I continue to feel that way.

I think we can get a bump in the road along the way.

There are some picks.

You have been on the program telling us about certain sect there's and individual stock picks.

Generic drug takers is one of them.

Olivia has been looking into those.

I know you like the cleese and -- mckleasson.

We have seen shares surge as branded drugs fall off the cliff.

The worst of the patent cliff is passed.

The rate of generic drug growth has now been slowing.

So the question is, how will they substitute for what has been driving the margin.

I think we will see another wave of generics.

We will see generic penetration increase around the world.

It is one of the solutions to the health care containment problem.

We are going to see $50 billion of biotechnology drugs go off patent.

A wave of what we call bio simulators.

A wave of biotech drugs going off patent.

I think there is a lot of legs to the stored.

Generic drugs actually make greater gross cough it's for distributors been branded drugs.

We will continue to see an expansion in the prophet.

We have also seen a deal where they will acquire a company.

Now this takes them overseas with one of the top three companies.

U.s. airways is another company you have kept your eye on.

Scarlett has been looking at it.

L analyst getting more bullish that the deal will happen.

Raising the odds to 70%. eric holder eight surprising remarks he hopes to settle the antitrust case before it is scheduled to go to trial.

Jetblue has indicated they are interested in buying it, which has indicated a big hurdle.

There certainly has been hurdles.

Has not been a smooth transition.

Right.

I do agree the probabilities have increased.

This will create the largest airline in the united states.

We will have three carriers.

Nine largest carriers in the united states.

Now down to four.

This consolidation is improving the profitability of the industry.

There has been a $16 billion.

David ortiz is making beautiful music with mtv and

This text has been automatically generated. It may not be 100% accurate.

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