El-Erian says ‘continue to resist’ buying the stock-market dip after virus-inspired plunge
"I would say continue to resist, as hard as that is, to simply buy the dip because it has worked in the past."
"I would say continue to resist, as hard as that is, to simply buy the dip because it has worked in the past."
As markets reel from coronavirus fears, investor and Scaramucci said on Tuesday that he’s never been more defensive on equities.
Goldman Sachs, Citigroup Inc, Credit Suisse and other investment banks have curbed trips to Italy.
The bank may have settled major probes with federal agencies over abusive sales practices last week, but it is not out of the woods yet.
She pressed the world’s largest asset manager for details on its recent vows to take more account of climate risks.
Buffett cheered the ongoing market selloff and suggested Berkshire Hathaway will benefit from lower stock prices due to Wuhan coronavirus.
Trump said Sanders is advocating “totally unaffordable” policies that are “not going to work” during a meeting with business leaders Tuesday.