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Why this strategist says investors should buy protection

Mandy Xu, chief equity derivatives strategist at Credit Suisse, and Jodie Gunzberg, head of U.S. equities for S&P Dow Jones Indices, sit down with "Squawk Box" to discuss the broader markets. The panel touches on the effect of the Fed on the market, historical trends in the markets, and where they think the market is headed for the rest of 2019.

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