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

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(CNNMoney)–.

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

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

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 organization correspondents, the 15-minute program features incisive commentary from specialists.

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

” Im not saying get out,” he stated. “I think that running out the market is quite hazardous today, and I think it would be a mistake to raise money.” But more trusted stocks can safeguard investors from huge losses if the climate modifications.

Its time for investors to begin making more secure bets.

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

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

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

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

PHOTO: CNN.

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

” Im not stating get out,” he stated. More reliable stocks can secure financiers from huge losses if the environment modifications.

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