The pros are getting ready for a market crash — retail investors, not so much, top economist warns
‘A large market correction, should one materialise, would encourage more professional selling that could overwhelm the buy-the-dip retail investor.’ That’s Mohamed El-Erian, Allianz’s chief economic adviser, explaining in an op-ed for the Financial Times how action in the options pits should be taken as a warning by retail investors who have been cashing in on the stock…
