Leuthold Group's chief investment officer, Doug Ramsey, recently joined CNBC Pro Talks for a special Q&A.
During his conversation with CNBC's Mike Santoli, Ramsey explained that his equity exposure for the months ahead is "fairly defensive" and could get even more so should market signals continue to deteriorate.
The money manager, who oversees $1.8 billion in assets for Leuthold, correctly called the summer correction in stocks this year. Even though the market has since stabilized, he is not any more optimistic.
Apart from his outlook for 2016, Ramsey also shared his investment strategy for large-cap technology stocks, biotech names and more.
Editor's note: The following video originally aired Dec. 3 as part of a series of discussions with some of today's top investors.
Watch the full video below.