by the way -- >> david darst?the average american home size is up 40% in the past 30 years. >> brian and kelly, the market can still lift from here, because there are some warning lights flashing, and those warning lights are valuations are quite stretched on a long-term basis, okay? you want to look at that. and bullishness is now 46% to 23% bears. the latest american association of individual investors poll. and the peak in 2007 was only 51% bullish. >> bullish on the market but bearish on the middle class? >> bullish on the market. i think the middle class -- the fed has basically been trying to hold things together until the middle class can come back, and a 7-year-old child knows the middle class will not come back without structural reform, leadership and confidence. >> that's a lot for a 7-year-old! >> yes. >> but i take your point. we've got some sophisticated ones around here. thank you both, david darst, kevin o'leary. i'll see you in about ten. >> well, in about 13 minutes, we've got the "closing bell,"

nobody's looking at actually they would be tanks rolling in to ukraine. >> our guest host today is david darstvid i just wonder, with the situation right now, at bay, that's one thing. but, a week and a half ago we were looking at the situation with ukraine thinking that was one of the biggest drivers of the markets. >> it's been wonderful to get nina's perspective here. i wondered what she might see as the positive or negative surprise that we should be prepared for. because the market, as you know, was down over 20%. it rallied to being down only 10%. now it's down 15. >> the russian market. >> that's right. the russian stock market as measured in dollars. is there anything, nina, that we should be looking at that would be a positive or a negative surprise that we should be prepared for? >> well, in some ways, i mean, i'm not an economist, but in some ways it seems to be that all the downs are actually maybe positive indicators because we know german market is really slowing. with the russian sanctions, but also russians themselves are going to suffer from their own self-imposed sanctions. a

independent investor david darst here.razy week. >> bill, you've got a seven-point correction checklist that investors need to watch going forward. china. green light. china's doing well. you've got the geopolitical situation you just highlighted. >> right. >> that is a yellow light at best, maybe a red light. >> okay. >> thirdly, eurozone inflation, very low this week. >> right. >> flirting with inflation again. that's a red light. >> right. >> in the united states, housing, corporate earnings and average hourly earnings. housing, red light, not doing so well. corporate earnings, green light, doing pretty well. and average hourly earnings, yellow light, not doing so well. the last one is that trio, puerto rico, portugal and argentina. >> argentina, right. >> that's at best a yellow light. so, it's a good idea to stay, it's very, very rational and it equitied itself very well today. don't you think? you talked about it earlier. it started down and came back. >> you always ask, when we're down this much for a week, is this

david darst, independent investment consultant, adviser, is back with us right now.'s talk about the financials, david. financials one of the best performing sectors this week. if you can get some juice behind the financials now that you've got some more of the risk out of the way, the bank of america settlement, right? $17 billion this week. is that the group that's going to take us? >> the financials have always been, you and i have discussed for years and years, scott, the bodyguards of the market. and if they are underperforming, it's very hard for the market to do well. they've been aided quite a bit by this tremendous performance of the real estate investment trusts, which are in the financials. they've been benefiting from these low interest rates. that helps the valuation of the underlying properties and those stocks have been lifting. these low interest rates are a very, very good boom for financial stocks -- >> if you want financial stocks to do better, people have been waiting and waiting for the pure financials, the banks to start doing better. >> well, t