Nevertheless, Kleintop added that investors will face a lot of volatility this year. "I think there's a new trend in volatility, one that many investors may not be prepared for in 2015," he said. "Equities will post gains in 2015 accompanied by a lot of volatility. If you haven't balanced your portfolio in a while, do that. "
Investors can protect themselves from the volatile market through dollar-cost averaging, Kleintop said. "I don't think trying to time the market is going to make sense," he said. "We've had nine trading days, four of those had more than 1 percent moves, and half of them down."
Investors can also protect themselves by investing in more stable emerging markets, Kleintop said. "That may sound crazy, but as of yesterday's close, [emerging markets] are flat relative to the U.S."
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The comments were made after yields on U.S. 30-year Treasurys dropped to a record low and yields dipped below October lows for U.S. 10-year Treasurys. U.S. markets were also hit hard by disappointing December retail sales numbers and by copper taking a beating.
He also said that, even though December retail sales numbers missed estimates by nearly 1 percent, the consumer does not worry him. "Consumer confidence surveys [are] coincidental with what's going on with retail sales," Kleintop said. He also added that retail sales in the U.S., the U.K. and Germany are all at post-recession highs.