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

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

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

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

” Im not saying go out,” he stated. “I think that being out of the market is pretty harmful today, and I think it would be an error to raise money.” More trustworthy stocks can safeguard financiers from huge losses if the climate modifications.

” We have a trade battle with China, its most likely going to get fixed, but it may go off the rails,” he stated. “And if it goes off the rails, it has really serious effects for the world economy.”.

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

Its time for financiers to begin making much safer bets.

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

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

PICTURE: CNN.

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

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

(CNNMoney)–.

” 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 experts.

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