Investors need to divide the world into pre and post presidential election: Michael Jones

John Lynch, Comerica Asset Management CIO, and Michael Jones, Caravel Concepts chairman and co-CEO, join 'Power Lunch' to discuss the state of markets as the S&P 500 nears its record high and how investors should look at the market. This market is rallying on free money, says Lynch. You really have to be concerned about valuations, however, with an S&P 500 is well above 3,500, he adds.