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

Business

Its time for investors to start making much safer bets.

Investors need to consider taking a stake in energies, and reducing their investments in more unpredictable tech stocks, he stated.

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

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

” Im not saying get out,” he said. More reputable stocks can secure investors from huge losses if the environment changes.

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

” Im not saying get out,” he stated. “I think that being out of the market is quite unsafe today, and I believe it would be an error to raise cash.” More reputable stocks can protect investors from huge losses if the environment modifications.

” 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.

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

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

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

IMAGE: CNN.

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

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

(CNNMoney)–.

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