Power Play: Election volatility

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When we get past the lazy days of summer, Wall Street will likely pay more attention to Clinton vs. Trump. Bessemer Trust Investment Strategist Joe Tanious tells CNBC's "Power Lunch" on Monday market jitters will increase between now and November.

"The U.S. election will likely lead to increased volatility as we get closer, especially if the polls remain as tight," Tanious said.

Investors are looking for the right sectors to invest in, but Tanious believes more than anything, investors want certainty.

"Once businesses can price in the outcome (good or bad), we return to business as usual, regardless of the winner," Tanious said.

The Dow, and Nasdaq are lower.