Traders who've very long time horizons ought to proceed to reap the benefits of the inventory market's pullback resulting from coronavirus fears, Nationwide Financial Council Director Larry Kudlow advised CNBC on Friday. 

"Lengthy-term buyers ought to assume severely about shopping for these dips," Kudlow, President Donald Trump's prime financial advisor, mentioned on "Squawk on the Avenue."

Kudlow, previously a longtime CNBC commentator, mentioned he believes it's good investing technique as a result of the U.S. economic system is "sound," regardless of the market's current steep declines and considerations of potential coronavirus-induced recession. 

Kudlow's feedback come as shares proceed to fall on Friday even after a powerful February jobs report. 

The Dow Jones Industrial Common dropped about 500-points, or simply beneath 2%, in morning buying and selling. The S&P 500 and Nasdaq Composite fell 2.07% and a couple of%, respectively.

Kudlow made related feedback on CNBC final week, arguing that "the virus story will not be going to final endlessly."

Since he first mentioned on Feb....