Kass: 7 Reasons Why Market Is Topping Out

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Doug Kass has long been bearish on the market—and that has long been the exact wrong call. But now, Kass says the market's moment of truth is finally upon us.


"I've certainly been wrong," Kass admitted. "But being wrong doesn't keep me from warning investors."


And warn investors he did, for Kass sees this as a particularly treacherous time. "I think when the searchlights of the investor are the dimmest, when the economic and market threats are the greatest, and when market participants are the most comfortable in their inattentiveness and ignorance, the risks are surging—and that's precisely where we are now."


So what exactly is making Kass so concerned about the market right now? The president of Seabreeze Partners Management laid out his reasons on

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