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

Business

Its time for investors to begin making safer bets.

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

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

” We have a trade battle with China, its probably going to get fixed, however it may go off the rails,” he said. “And if it goes off the rails, it has really serious repercussions for the world economy.”.

PICTURE: CNN.

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

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

Financiers must consider taking a stake in utilities, and reducing their investments in more volatile tech stocks, he said.

Though stocks have been soaring, Marks alerted that we may be nearing the end of the bull cycle.

” Im not saying get out,” he stated. “I think that being out of the marketplace is quite hazardous today, and I believe it would be an error to raise money.” More reliable stocks can secure financiers from huge losses if the environment modifications.

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

” Markets Now” streams live from the New York Stock Exchange every Wednesday at 12:45 p.m. ET. Hosted by CNNMoneys business correspondents, the 15-minute program functions incisive commentary from professionals.

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

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