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

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Marks also indicated the trade war with China as another factor for financiers to tread carefully.

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

” Im not stating go out,” he said. “I believe that being out of the market is pretty harmful today, and I believe it would be an error to raise money.” More dependable stocks can safeguard investors from big losses if the environment modifications.

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

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Its time for financiers to start making much safer bets.

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

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

(CNNMoney)–.

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

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 said. More reliable stocks can safeguard investors from big losses if the environment changes.

” 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 functions incisive commentary from specialists.

Financiers need to consider taking a stake in utilities, and reducing their financial investments in more unpredictable tech stocks, he stated.

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