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Billionaire investor Howard Marks touts a bargain boom as interest-rate fears grip markets - and predicts a surge in companies going bankrupt

Business Insider LogoBusiness Insider2 mo ago

Billionaire investor Howard Marks touts a bargain boom as interest-rate fears grip markets - and predicts a surge in companies going bankrupt - Business Insider

Quick Summary:

Marks sees a chance to scoop up cheap assets as fears of inflation, interest-rate hikes, and a potential recession weigh on prices.

"Debt is available at very attractive returns ...which are likely to go higher".

"It's been a tough last decade-plus for bargain hunting, but I feel we're holding more cards now," Marks said.

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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-28 @ 14:28:41 (2 months ago)

News Timezone: GMT -5:00

Ranking: #2045 (out of 4036 stories this day)

News Source URL: markets.businessinsider.com

Language: English

Article Length: 316 words

Reading Time: 2 minutes read

Sentences: 36 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Insider

News ID: 2006190

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About Business Insider

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Main Topics: EconomyBusiness

Official Website: businessinsider.com

Update Frequency: 57 posts per day

Year Established: 2007

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #64

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The outlet is headquartered in United States and publishes an average of 57 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/billionaire-investor-howard-marks-touts-1669647199

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