"Risk is back on and, quite frankly, the bears might be screwed because if they couldn't take...

|By:, SA News Editor

"Risk is back on and, quite frankly, the bears might be screwed because if they couldn't take them down this week, the correction is over," Doug Kass says. Among fundamental changes in the market, he says overall earnings and guidance were "far better" than pessimists expected, and general U.S. economic concerns "might have been overstated."