(#stocks, #investing, #howardmarks)
Howard Marks talks about a "sea change" that is happening in markets currently. In a recent interview with CNBC, Howard Marks discussed his recent memo. In it, he covers important investing topics such as interest rates, inflation, The Federal Reserve, and expectations for future stock market returns. Marks talks about how after 40 years of declining interest rates, including years were interest rates were hovering around 0%, things are starting to shift in the market and the economy. Interest rates have increased at one of the faster rates in history. Investors now have to learn to invest in a rising interest rate environment. Marks covers the impacts that will have for investors, the economy, and future asset returns.
Howard Marks is the founder of Oaktree, one of the most highly respected asset management firms. Howard Marks is when known for his insightful interviews and his memo he writes. Howard Marks is also the other of well known investing related books including Mastering the Market Cycle and The Most Important Thing.