. >> he joins us along with dave mccuen. good to see you guys. thank you so much for joining us. david steinberg, you're still bullish on this market. >> been bullish since last year. a couple years, actually. i've been rewarded. equities are selling at a mean evaluation over history. you have extraordinarily low yields. relative to bonds which are a minimum rate of return, you have companies at s&p that can adapt to changing global economics and so forth and they're well priced. >> earnings haven't been that stellar for this quarter. we're starting to sense a slowdown. you get the worries about the fiscal cliff. europe is still getting its act together. china is slowing. i'm reading the wall of worry right now. that doesn't concern you? >> well, listen, when markets climb, walls of worry. there are worries, no question about it. but you have an abundant amount of capital. that's not going to stay that way with yields so low. people are looking beyond the short-term earnings. i think you're going to be in a good spot if you hang on. >> we want to look at allocation equiti equitie