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

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” We have a trade battle with China, its probably going to get resolved, however it might go off the rails,” he stated. “And if it goes off the rails, it has very severe repercussions for the world economy.”.

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Marks likewise pointed to the trade war with China as another factor for financiers to tread carefully.

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

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Financiers should think about taking a stake in utilities, and reducing their financial investments in more unstable tech stocks, he said.

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

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

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 company reporters, the 15-minute program features incisive commentary from professionals.

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

” Im not stating get out,” he said. “I think that running out the marketplace is pretty dangerous today, and I believe it would be an error to raise money.” However more reputable stocks can protect investors from big losses if the environment modifications.

Its time for financiers to start making more secure bets.

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

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