‘This is different’ — El-Erian warns against buying this pullback amid coronavirus fears
Mohamed El-Erian
Olivia Michael | CNBC
Economist Mohamed El-Erian told CNBC on Tuesday that he continues to advise investors to resist buying coronavirus-driven declines in the stock market.
“I stress, this is different,” the Allianz chief economic advisor and ex-Pimco CEO said in a “Squawk Box” interview, a day after the Dow Jones Industrial Averageplunged over 1,000 points or 3.5%, in…
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