Oaktree’s Marks: Recession Isn’t Imminent
December 12, 2018 at 06:30 AM EST
Although he sees no signs of an impending U.S. recession, Oaktree Capital co-founder Howard Marks believes it’s time to “adopt a cautious investment strategy,” according to an article in Bloomberg. The economy is still doing well, Marks told Bloomberg TV in Sydney, adding that despite the dearth of...