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

Business

Defense is the name of the game for a few reasons.

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

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

Marks also indicated the trade war with China as another factor for financiers to tread carefully.

You can see “Markets Now” at CNNMoney.com/ MarketsNow from your desk or on your phone or tablet. If you cant capture the program live, have a look at highlights online and through the Markets Now newsletter, provided to your inbox every afternoon.

Investors need to consider taking a stake in utilities, and reducing their investments in more volatile tech stocks, he stated.

(CNNMoney)–.

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” Im not saying get out,” he stated. More trustworthy stocks can protect financiers from huge losses if the environment changes.

” Im not saying go out,” he stated. “I think that being out of the marketplace is quite hazardous today, and I believe it would be a mistake to raise money.” More reliable stocks can safeguard financiers from huge losses if the climate changes.

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

Its time for investors to begin making much safer bets.

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

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

Though stocks have actually been skyrocketing, Marks alerted that we might be nearing the end of the bull cycle.

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