Cantor’s Eric Johnston joined CNBC’s Closing Bell Overtime to discuss his #bearish outlook on equities and his view that #cyclicals will underperform the market. Eric highlighted that the good news, including falling inflation, is now priced into the market, but the forward headwinds of earnings estimate revisions, weakening economic growth, and QT are not priced in.

Watch his interview here: http://ow.ly/ISSv50M5Epv