Time for a big shift from stocks to credit: Howard Marks

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

With prospective returns on credit finally competitive with equities, investors should make a big shift, Marks says

Billionaire investor Howard Marks said a “sea change” that has brought a four-decade fall in interest rates to a halt warrants a big-time shift in investor portfolios into credit instruments.

Marks has argued that the tailwind provided by falling interest rates is hard to overstate. He contends such easy money was responsible for a significant chunk of all the money investors made over the last four decades. Marks noted that the S&P 500 SPX has returned just over 10% a year for almost a century, “and everyone’s very happy .”

Marks emphasized that he wasn’t saying interest rates would go back to their highs from the early 1980s and that he had no reason to believe that a recession most people see ahead will be severe or long lasting. And while stock-market valuations are high, “but not terribly so,” he doesn’t think a stock-market collapse can reasonably be predicted.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

First-time homebuyers see now as a good time to buy despite market uncertaintyTD Bank surveyed 1,007 Americans planning to buy their first home in 2023 to learn more about their path to purchasing a home, as well as their thoughts on preparedness
Sumber: dothaneagle - 🏆 337. / 59 Baca lebih lajut »