Doug Kass moves to his largest long exposure in 5 months, picking up SPY along with several...

|By:, SA News Editor

Doug Kass moves to his largest long exposure in 5 months, picking up SPY along with several well-known big caps. Catching his eye is the rise in long-term bond yields amidst gloomy earnings reports. It tells him there's plenty of pent-up demand in the economy once the fiscal cliff is worked. through.