A Potemkin Market Exposed - Howard Marks Fears The Fed Can't Fake-It Forever
Mon, 05/18/2020 - 12:45
As everyone is well aware, today we’re experiencing unprecedented (or at least highly exceptional) developments in four areas: the pandemic, the economic contraction, the oil price collapse and the Fed/government response.
Thus, as Oaktree Capital's Howard Marks recently wrote, despite the US stock market's apparent exuberance, a number of considerations...
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