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"Wall Street icon" Howard Marks recommends selling equities buying high yield bonds (BUT!)
Howard Marks is a legend, sure. And media outlets are gushing over his latest memo titled:Further Thoughts on Sea ChangeMarks wrote his original "Sea Change" memo in December 2022 saying that, in a nutshell:the changes I described in Sea Change aren’t just usual cyclical fluctuations; rather, taken together, they represent a sweeping alteration of the investment environment, calling for significant capital reallocation.His updated 'Further thoughts ...' memo recommends, again in a nutshell:credi...
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Posted: Oct 17 2023, 00:56
Author Name: forexlive
Views: 112277