Doug Kass is 35% Net Short
Doug Kass, founder and President of Seabreeze Partners, is active on Twitter and regularly tweets his thoughts and exposure to the stock market via @DougKass. This week Kass made it known he’s about as bearish as ever with a negative allocation to the stock market (between -35% and -40%).
“I still see a potential triple top in the S&P,” Kass tweeted yesterday.
Kass also questions the Fed’s response to unfolding external economic events (slowdowns in China and Europe) via an article at TheStreet (link).