Nervous investors with plenty of cash should 'step up' and buy stocks as no big downside lies ahead, chief equity strategist at $1 trillion firm says

Bloomberg TV Robert Doll, Nuveen chief equity strategist, told Bloomberg that investors who have cash right now have to "step up and put some in" the market. The strategist said there will be "bumps on the road" in the short term, but he doesn't see a large downside ahead and thinks the economy will be better a year from now. He suggested investors seek companies with interesting products, good management practices, and a "bunch of cash."