Loading...
Loading...
Howard Marks, the co-chairman of Oaktree Capital, said on
CNBC's "Fast Money Halftime Report" that there are currently no cheap assets across the board.
There is nothing cheap today.
The stock market may be fairly priced, it may be rich, but nobody argues that it is cheap, added Marks.
He thinks that bonds are probably going to crack first, but he has a very little faith in that opinion. He explained in trading, business people have a little idea of what will happen, but no idea when it will happen.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in