Joe Clark is just one of many financial observers who will tell you that these are uncertain times. He's one of a few who will tell you what to do about it.
Clark is the founder and chief investment officer of Financial Enhancement Group, and he thinks the one sure domestic investment area is the credit-card business.
"You're in a bear market, so you've got to follow the rules," Clark told CNBC. "That means you've got to pay very close attention to the position, and not try to find a bottom."
He's watched utilities perform very well during the first half of the year, but he indicates that that could change in a heartbeat.
"The dividend yield is low, and if financials do find a bottom, you're going to find the dividend movers shift from utilities way into financials," he said.
So which financials make money no matter where the market happens to be going?
"Get out of utilities, buy MasterCard and Visa, the consumers are good to go," he said.