On the contrary they know exactly whats going on but are unable to express their views because of a couple of reasons
A.They are not getting paid for it
B.Often you see a technical analyst on TV providing views on buy/sell . Its a setup done by the media and the major stock market players to paint a picture which is far away from reality. The poor analyst (specially the new ones appearing on TV ) do not actually do any analysis , they rather read a piece of paper which says what to say. These analysts get exposure by appearing on TV and thereby they make a bigger customer base with time
HOW DO I KNOW THIS ?
A few of my friends are working for corporate media in India (bloody sellouts)