Mohamed El-Erian: Stocks could end up down 20%-30% before bottom

“This is going to be treacherous for a while. I would advise most retail investors to stay on the sidelines, not panic. There will be opportunities but they’re not now,” the chief economic advisor at Allianz said.
— Read on www.cnbc.com/2020/03/09/mohamed-el-erian-stocks-could-end-up-down-20percent-30percent-when-bottom-reached.html