Markets are priced based on narratives, says Research Affiliates' Rob Arnott

Rob Arnott, Research Affiliates founder and chairman, joins 'Squawk Box' to discuss Arnott's thoughts on the potential macroeconomic risks, how the value strategy is a bit more insulated, and more.

[@Dematsa]

Good to see you here

[@darrendent8288]

TSMC as competetion for NVDA? TSMC LITERALLY supplies the chips for NVDA.

[@felizh82]

this so called expert just so full of it ~~

[@runningdonut]

The valuation argument hasn’t worked for the past 20+ years

[@starship519]

This man is 100% correct

[@user-yq7rr9lh9c]

This man, like most suits are all finance mafia, working against you, trying to make you short bull markets and miss out on another big wave of upside in stocks, that's why they always spread doom and gloom, meanwhile, their clients' money is all heavily invested in equities. Always same scare, if not recession, then they pick another word like stagflation when recession doesn't appear, then something else and by time you know it, you missed out on a 5-year bull run, because that's the average span of a bull run.