Jeffrey Saut: This bull run has another 7 years

Jeffrey Saut, chief investment strategist at Raymond James & Associates, joined CNBC Pro for an exclusive strategy session on the way he develops his investment outlook and his views on what could be ahead for stocks.

With an investment career that spans more than four decades, the strategist believes the current secular bull market is comparable to those seen in the past and will likely follow a similar trend.

"Barring some black swan event, I do think we have another seven or eight years left," Saut said, brushing off concerns from bears who think the seven-year bull run may be running out of steam.

During his conversation with CNBC's Mike Santoli, Saut laid out all the factors that could take the market even higher, according to his views, as well as how investors should be positioned for the years ahead.