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'Don't buy the dip yet,' strategist says

Chloe Aiello

Investor complacency over the past few days shows it isn't yet time to buy the dip, says Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets. For now, Calvasina's advice to investors is to slowly invest in defensive stocks. Investor complacency during the market's sell-off shows it isn't yet time to buy the dip, Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, told CNBC on Thursday.