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


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Financiers should think about taking a stake in energies, and reducing their investments in more volatile tech stocks, he stated.

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

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

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

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


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

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

Though stocks have actually been soaring, Marks warned that we might be nearing completion of the bull cycle.


Marks also indicated the trade war with China as another reason for financiers to tread thoroughly.

Its time for financiers to begin making much safer bets.

” Im not saying get out,” he stated. “I believe that running out the marketplace is quite unsafe today, and I believe it would be a mistake to raise cash.” More trusted stocks can safeguard financiers from huge losses if the climate modifications.

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

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