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

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” We have a trade battle 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 severe consequences for the world economy.”.

” Im not saying get out,” he said. More reliable stocks can secure financiers from huge losses if the climate changes.

Its time for investors to start making safer bets.

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Investors should think about taking a stake in energies, and decreasing their financial investments in more volatile tech stocks, he stated.

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

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

” Im not saying get out,” he said. “I believe that running out the market is pretty unsafe today, and I believe it would be an error to raise money.” But more reliable stocks can protect financiers from huge losses if the climate modifications.

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

” 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.

Though stocks have been skyrocketing, Marks alerted 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.

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

(CNNMoney)–.

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