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Kass: "Stocks Are Ahead of Fundamentals"

Hedge fund manager Doug Kass of Seabreeze Partners Management (the man who called a generational low in the stock market back on March 10) says stock prices have moved ahead of fundamentals. Kass calls it the "Miley Cyrus" stock market recovery where a premium is being paid for less-than-stellar value. 

Markets & Economy Videos

In The News

Ben Bernanke & Stocks

Would a Fed exit strategy mean exiting from the stock market? Shawn Tully

Pay Dirt: The Rogues Gallery

MarketWatch takes a look back at some of the biggest and most egregious

Next Step for US Banks

As the bank stress test results sink in, more banks are coming to

May 2009

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