Doug Kass: Market is Due for A 10% Correction

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Jan 13, 2010
Doug Kass, the man who correctly called the subprime crisis and the March 2009 bottom, now calls for a stock market correction.

Short term, Kass thinks the market could go even higher but certainly clouds is gathering at the horizon as negative catalysts are building up.

What could bring the market down include sluggish employment, pressure in the commodities space and the threat of higher interest rates.

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