Enter multiple symbols separated by commas

Tuesday's Selloff Was Just Nature Taking Its Course


OK, investors. Just relax.

That's the message from Alison Deans, director of Investment Policy at Neuberger Berman, who appeared on "Squawk on the Street."

Deans told CNBC's Mark Haines that Tuesday's global financial shock was just economic nature taking its course -- and that the market was "overdue for some kind of correction."

After all, she declared, the current era's "longest run-up in stocks" was really indicative of some kind of "euphoria" -- rather than sensible confidence.

But the Neuberger director pointed to "very strong liquidity" as well as corporate cash flow yields that remain "still strong." While economic growth may not prove very dynamic, Deans believes it will still be positive -- and perhaps the best omen of all, she notes that "the Fed stopped tightening."

Contact Squawk on the Street

  • Carl Quintanilla

    Carl Quintanilla is an Emmy-winning reporter and co-anchor of CNBC's "Squawk on the Street," broadcast live from the NYSE.

  • Simon Hobbs

    Simon Hobbs co-anchors the 10 a.m. hour of CNBC's "Squawk on the Street" live from the New York Stock Exchange.

  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

  • David Faber

    “Squawk on the Street” Co-Anchor

  • Rick Santelli

    Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.