Near-term caution, lack of stimulus increasing chances of economic downturn: Julian Emanuel
Julian Emanuel, BTIG chief equities and derviatives strategist, joins 'Power Lunch' to discuss the state of the markets after the Dow hit 30,000 points and why he's saying investors should remain patient. It's been a roller coaster of a year, says Emanuel. Obviously, we're at the highs in the Dow Jones and the small-cap Russell 2000. It's now really a time to be patient. You want to make sure your portfolio is not overexposed to growth and that you are diversified, he adds.