Even though a double dip is unlikely, it might feel like one because the market will stay volatile, Matt McCormick, portfolio manager for Bahl & Gaynor Investment Counsel, told CNBC Tuesday.
“I think that there’s going to be more volatility, not less. I think earnings growth is going to be more difficult to obtain, not less. And I think in that type of circumstance, I don’t think you’re going to see a double dip but I think it’s going to in a sense feel like it,” McCormick said.