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Doug Kass Bearish on Equities

I have owned and operated a small business in a major city for 25 years. I would only say that looking UP through the economy from main street, like I view it, is far different from looking DOWN through the economy from Wall Street. I don't believe more money for banking conglomerates, more large corporate mergers, more glowing stock market BS, more loans for business large and small, more leverage, more exotic financial instruments, or magic Wall Street tricks are going to fix anything. I would suggest the financial gurus start looking at the economy from the botom up, instead of the top down, and be prepared for a major shock.