We will not get a recession in the near term, strategist says

The markets had a volatile week with the three major indices each down more than 2.4% week-to-date. But investors should keep in mind that the S&P and Nasdaq are still posting double digit gains for the year with the Dow not far behind. Jim Lacamp, senior V.P. of investments at UBS Wealth Management, and Jonathan Golub, chief U.S. equity strategist and managing director Credit Suisse, join "Squawk Box" to discuss ahead of the last trading day of the week.
Fri, Aug 16 20199:46 AM EDT