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

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Its time for financiers to begin making safer bets.

” Im not saying go out,” he stated. “I think that being out of the marketplace is pretty dangerous today, and I think it would be a mistake to raise cash.” More trustworthy stocks can safeguard financiers from huge losses if the environment modifications.

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

(CNNMoney)–.

Though stocks have actually been skyrocketing, Marks alerted that we might be nearing the end of the bull cycle.

IMAGE: CNN.

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

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

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

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

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

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

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

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