GerryB43

Current Market Conditions and Future Returns

The quality of television commentary on CNBC is uniformly low (at least until 7pm EDT on Kudlow). The blarney gene seems the only requisite for most slots.
Let's review: Investors always price increased perceived risk by increasing expected returns (translation: lower prices). They also create lower expected returns by piling into stocks in anticipation or even reaction to good news (translation: good news means lower future risk).

BTW Bloomberg has its low moments as well.