“Doug Kass, the Palm Beach money manager who is best known for taking bearish positions, says the long climb up from the March 2009 stock-market low is getting “long in the tooth.” He says it’s time to sell the rallies and prepare for a downdraft.
“At best, the upside to equities seems restricted, and at worst, we could see apocalypse soon as the outlooks for both the economy and for corporate profits grow more ambiguous,” he writes on the TheStreet.com…. ”
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