Doug Kass says he's betting on a 10% drop in the S&P 500 by year-end. "I am shorting this...

|By:, SA News Editor

Doug Kass says he's betting on a 10% drop in the S&P 500 by year-end. "I am shorting this market because we are facing a period of disappointing economic and corporate growth." For now, S&P is just above 1,000, -1.9% to 1,001.50.

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