Why it’s time for investors to go on the defense

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Marks likewise pointed to the trade war with China as another factor for investors to tread thoroughly.

” Im not stating get out,” he said. More reputable stocks can safeguard financiers from big losses if the environment modifications.

” Defense is more essential than offense” today, said Marks, the author of “Mastering the marketplace Cycle: Getting the Odds on Your Side.”.

” Markets Now” streams live from the New York Stock Exchange every Wednesday at 12:45 p.m. ET. Hosted by CNNMoneys organization reporters, the 15-minute program functions incisive commentary from specialists.

Thats what Howard Marks, co-chairman of Oaktree Capital, informed CNNMoney editor-at-large Richard Quest on “Markets Now” on Wednesday.

” Im not saying get out,” he stated. “I believe that being out of the market is pretty harmful today, and I think it would be a mistake to raise cash.” More dependable stocks can secure investors from huge losses if the environment changes.

Defense is the name of the video game for a few factors.

(CNNMoney)–.

CNNMoneys “Markets Now” streams live from the NYSE every Wednesday at 12:45 p.m. ET.

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Its time for financiers to begin making safer bets.

Investors ought to think about taking a stake in energies, and reducing their investments in more unstable tech stocks, he stated.

” We have a trade battle with China, its most likely going to get fixed, but it might go off the rails,” he said. “And if it goes off the rails, it has really major consequences for the world economy.”.

Stocks have actually been soaring, Marks cautioned that we might be nearing the end of the bull cycle.

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