US equities (^GSPC, ^DJI, ^IXIC) are in flux after faced with a large sell-off on Monday, a small rebound on Tuesday, and closing Wednesday's session lower. Is this roller coaster just a symptom of short-term volatility or is there more to come?

US Bank Asset Management Group chief investment officer Eric Freedman joins Market Domination Overtime to give insight into the current landscape of the economy and what investors need to know moving forward.

Freedman breaks down his three reasons as to why the S&P indices (^GSPC) will continue to operate at steady levels: "Number one is that we still think that the consumer, while certainly slowing down, is going to remain in spend mode. There's clearly going to be some differentiation... What we're seeing with with probably more of the lower-income consumer versus the higher-income consumer, that differential we think will be persistent."

He continues: "Number two is that corporate CapEx... is going to also remain intact. Clearly, we're seeing interest and maybe too much interest in things like AI. But the spend that we're seeing in terms of productivity centered in areas like cyber, like big data and other considerations, we think that continues. So again, consumers plus corporate spending we think are still decent.

"Last thing I'd say is this this is an environment where, again, as we're waiting for more clarity around the election, as we're waiting for more clarity coming out of Jackson Hole, that we're in a shorter period of data."

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Nicholas Jacobino