"This is an epic bond bubble that we may have just seen the end of, not only here, but in Europe too," said Peter Boockvar, chief investment officer at Bleakly Financial Group.

"I'd much rather have the Wicked Witch of the East go away. We'd be way better off if we ended quantitative easing real fast so this scapegoat can get behind us," said Ken Fisher of Fisher Investments.

"There's a lot of performance anxiety out there right now. There's nothing worse than sitting on cash watching a market go up double digits," said Tom Lee, former chief U.S. equity strategist of J.P. Morgan.

"Outsourcing is quickly becoming mostly outdated as a business model," said former GE CEO, Jeffrey Immelt.