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

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” Im not stating get out,” he said. More reliable stocks can safeguard investors from huge losses if the climate modifications.

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

Marks also indicated the trade war with China as another reason for investors to tread carefully.

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

Though stocks have been skyrocketing, Marks cautioned that we may be nearing the end of the bull cycle.

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Investors need to think about taking a stake in energies, and decreasing their investments in more unstable tech stocks, he said.

Its time for financiers to start making more secure bets.

” Im not stating go out,” he said. “I think that being out of the market is pretty unsafe today, and I think it would be an error to raise money.” More trustworthy stocks can protect investors from huge losses if the environment modifications.

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” We have a trade fight with China, its probably going to get fixed, however it may go off the rails,” he stated. “And if it goes off the rails, it has really serious consequences for the world economy.”.

(CNNMoney)–.

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

” Markets Now” streams live from the New York Stock Exchange every Wednesday at 12:45 p.m. ET. Hosted by CNNMoneys service correspondents, the 15-minute program features incisive commentary from experts.

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