Fears of an emerging market disaster have unnerved investors lately, but on Tuesday two stock market professionals dismissed fears of an imminent worldwide crisis and told CNBC there are several reasons to be optimistic about U.S. as well as global markets.
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This still will be a strong year for growth in the United States, Joseph Tanious, a global market strategist at JPMorgan Asset Management, said on "Power Lunch." He called for gross domestic product growth of about 3 percent.
Jeremy Zirin, chief U.S. equity strategist at UBS Wealth Management Research, largely agreed with that GDP estimate and said doesn't believe the problems in emerging markets will reach the U.S, much less impact its growth trajectory.