Doug Kass Says the Next Big Move Will Be Down

By on June 11, 2009

Doug Kass says the stock market is ahead of the real economy and we’re in a danger zone. Kass believes the unemployment rate will range from 9-11 percent for two to three years. Kass said he has a neutral exposure to the market indicating he is neither net long or short currently. Below is yesterday’s interview on CNBC:

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