Stocks took a hit Wednesday as tensions between North Korea and the United States gained steam.
But it's important to note that no missiles have been flying and it's merely a "war of words," according to Mary Ann Bartels, chief investment officer of portfolio solutions at Bank of America Merrill Lynch.
Bartels is bullish long-term on the markets with an S&P 500 price target of 2,600. The index now trades near 2,475.
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