Investors should expect continued high volatility in the stock market, but recent rout was a bottom, strategist Brian Belski said Thursday.
In fact, he's keeping his year-end target for the S&P 500 at 2,250.
Drama and fear are what caused the dramatic decline, according to Belski.
"We believe that investors actually love this drama and fear. They've almost become too accustomed to it following 2008-2009, and we believe that fundamentals drive stocks longer term," the chief investment strategist with BMO Capital Markets said in an interview with CNBC's "Power Lunch."