Kass: Everyone Is Too Bearish

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Starting roughly two weeks ago, negative global economic data struck fear in the markets causing major sell-offs.


Yet, as the market made volatile swings higher and lower, widely followed strategic investor Doug Kass told CNBC, the market had made its lows for the years. That was on August 9th. “I see no evidence of a double dip,” he said at the time. And despite the downdrafts since then, Kass still thinks the sellers have it all wrong.

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