Sources
Menthor Q
Bloomberg: Howard Marks warns US stocks may be in the early days of a bubble. Not ringing alarm bells yet, but valuations look stretched reminds him of late ’90s “irrational exuberance.” Says mean reversion is “very likely,” with credit looking more defensive vs. equities.
junkbondinvestor Howard Marks: "It's been 16 years since a serious correction" Everyone: "So we're due?" Marks: "Well, early bubble days, but not ringing alarms" The hedge remains perfectly hedged 😂 https://t.co/61L1qu7nIG
Bloomberg US stocks are “in the early days” for a bubble, although the critical point for a correction has yet to come, Oaktree co-founder Howard Marks cautioned https://t.co/V2sMCNuq5Z
