I saw this on Bloomberg's crawl this morning:
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"From his view of the world in Scotland, Bruce Stout says investors risk getting burned because optimism is too high for stocks and bond yields are too low. The markets might be proving him right."
Who or what is "the markets"? Investors?
So, the brilliance from Scotland says; investors risk getting burned becasue they are too optimistic, and evidently, they are proving themselves right.
Who is the market? It's the Chicago school's invisible friend who makes him misbehave and forgets to rinse his mouth after giving the cool people a little relief.
Nobody retail is an investor. They just have varying amounts of skill at bag holding.