Here’s a great video with Howard Marks at Bloomberg. During the interview Marks says:
“I think, as it often does, the market has flipped from being all good to all bad. Prior to October the 4th it was ignoring some possible problem sites and now it’s obsessing about them. That’s the way it goes.”
You can watch the full video here:
https://youtube.com/watch?v=SSP00ZIR0H0
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