CNBC Squawk On The Street January 7, 2010
so the linkage is just not that close. it is in a longer run context how well the economy is going to do on a much longer run basis but certainly not in the short run. that's what makes horse races. it makes things exciting, helps cnbc sell your product. >> we have no interest in that, of course. >> of course. >> it's going to be tough to run in other words. >> sure. so we at the jp morgan private bank, what we've been recommending to our clients is to be in the equity market with a little bit less risk exposure than they normally would, we'd normally recommend at a time like this wi...