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

Business

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

Marks likewise indicated the trade war with China as another reason for financiers to tread carefully.

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

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

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

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

” Im not stating get out,” he stated. More trusted stocks can secure investors from big losses if the climate modifications.

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

(CNNMoney)–.

Its time for financiers to begin making much safer bets.

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

IMAGE: CNN.

” Im not saying go out,” he said. “I think that running out the marketplace is pretty unsafe today, and I think it would be an error to raise money.” However more trusted stocks can secure financiers from huge losses if the climate changes.

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