Opinion: Big selling wave in stocks makes for a buying opportunity, says Baron manager who has 20% of his fund’s assets in Tesla
Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21. That followed $51 billion in sales during the five weeks ending Sept. 7 — the biggest selling wave this year, says S&P Global Market Intelligence. Bank of America clients favored defensive names over cyclicals last … Read more