Stock-market selloff now an ‘opportunity-filled environment’ for pro traders, but long-term investors should wait, says El-Erian
March 02, 2020 at 11:59 AM EST
Economist and investor Mohamed El-Erian says last week’s stock-market plunge offers lots of trading opportunities for market pros, but long-term investors should stick to his admonition against buying the dip on expectations the global spread of COVID-19 will further weaken economic fundamentals.