THE EXCHANGE: HOWARD MARKS

BY ROB COX

The founder of Oaktree Capital, with $120 bln of assets, doesn’t see signs of an imminent correction or crisis. But investors, particularly in the credit markets, are acting bullish in ways they’ll inevitably regret when the cycle turns, Marks told Rob Cox earlier in October.

First published Oct. 11, 2018

(Image: REUTERS/Brendan McDermid)