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

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.

Read Quick SummarySave Time

or

Article Details

Category: Economy

Markets: United States

Topics: Bankruptcy Value investing Howard Marks Markets Asset prices Federal Reserve Corporate defaults MI Exclusive Recession Oaktree Capital Management Inflation Stocks Billionaires Interest Rates Stock Market Distressed debt

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

View Article Analysis

About Business Insider

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

Publisher Details

Frequently Asked Questions