Bull market has 5 years ahead: Pro

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No signs of a broad market bubble: Pros

The bull market has five years ahead of it, Colony Capital's chairman and CEO, Tom Barrack, said Wednesday.

"I feel the exuberance, and I try to avoid the economists," he said, noting that there were strong positives in the U.S. market: "Transparency, liquidity, the lack of corruption, a marketplace that we understand."

Barrack, who oversees $48 billion in global real estate assets, said on CNBC's "Halftime Report" that he wasn't concerned about positive sentiment in the market.

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