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


” Im not saying get out,” he said. More trustworthy stocks can protect investors from big losses if the environment changes.


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

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


” Im not stating go out,” he said. “I think that running out the market is quite dangerous today, and I think it would be an error to raise cash.” More reliable stocks can safeguard financiers from big losses if the climate changes.

Its time for investors to begin making safer bets.

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

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

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 solved, but it might go off the rails,” he said. “And if it goes off the rails, it has extremely serious consequences for the world economy.”.

Though stocks have actually been soaring, Marks cautioned that we may be nearing completion of the bull cycle.

Marks likewise pointed to the trade war with China as another reason for financiers to tread thoroughly.

Financiers need to consider taking a stake in energies, and decreasing their investments in more volatile tech stocks, he stated.

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