FYI:
Regards,Now is the time to adopt a cautious investment strategy as the market cycle ages, though there aren’t signs of an impending U.S. recession, according to Oaktree Capital Group LLC’s Howard Marks.
The world’s largest economy is still doing “very well,” Marks, chairman and co-founder of one of the world’s largest alternative and distressed investment firms, told Bloomberg TV in Sydney on Monday. Despite a lack of bargains in many markets, strategies should focus on remaining invested and position defensively, without piling into cash, he said.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-10-22/oaktree-capital-s-marks-doesn-t-see-u-s-recession-coming-soon
