Despite the Dow Jones Industrial Average having briefly dipped below 10,000 for the first time in seven weeks and being down as much as 183 points in the day, famed investment strategist Doug Kass said Tuesday he "just can't be that negative now."
That's largely because Kass thinks the doom-sayers—such as economist David Rosenberg of Gluskin Scheff, who said the economy is in a depression, not a recession—are missing key points.