But John Augustine, chief investment officer at Huntington Trust, tells CNBC's "Power Lunch" on Tuesday, you can still make money in a slow growth environment.
He sees market sell-offs as buying opportunities.
"In 2015, stocks, commodities and bond yields all rose in 1H, then in the 2H moved to soggy. 2016 could be the opposite if the US/global economy, profits and inflation gain some traction," Augustine said.
He is advising clients to pick higher quality names and include some dividend growers in their portfolios. Two of his top sectors are health care and consumer discretionary; both are higher during trading.