While many investors are rattled by the big downturn in the stock market, Edward Jones CEO Penny Pennington is taking it in stride. Pennington, who spoke to Fortune Wednesday, suggested investors might want to treat the stock slump as a buying opportunity, though crypto may not be part of the strategy.
Edward Jones, a broker dealer, has been telling clients to expect a correction, Pennington said. The stock market, for the past few years, has been “so sanguine and so calm,” that it was time for “a bit of a market pullback,” she said Wednesday.
