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Stocks may retest April lows, CIO said.

Story: “I really doubt that the economy will be able to survive the storm from some tariff situations, so that's really the crux of my argument and why I think the economy is struggling a little here,” Brigati added. “So I do want us to revisit some of the lower prices in the S&P 500 S&P and the stock market.”

He has not seen the benefits of the current position of stock trading.

“Now, we're around 5600 on the S&P 500,” he said. “I think it's a nice place, but I still think it's taken relatively completely.”

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