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

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” Im not saying get out,” he said. “I believe that running out the market is pretty harmful today, and I think it would be an error to raise money.” More trustworthy stocks can secure investors from huge losses if the climate modifications.

Marks also pointed to the trade war with China as another reason for investors to tread carefully.

Its time for investors to begin making much safer bets.

Investors ought to consider taking a stake in energies, and reducing their investments in more unstable tech stocks, he said.

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.

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

(CNNMoney)–.

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

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

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

PICTURE: CNN.

” Im not stating get out,” he stated. More reliable stocks can protect investors from huge losses if the climate changes.

” 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 functions incisive commentary from professionals.

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