Forum Topics Further Thoughts on Sea Change - Howard Marks
DVV1974
Added 2 years ago

Well worth a read if you have some time: https://www.oaktreecapital.com/insights/memo/further-thoughts-on-sea-change

Howard Marks cuts through the BS and lays out where the US economy has been and where it may be headed next. His thoughts on numerous probable consequences elicit a great deal of thought (IMO) and how things may affect investing in Australia. It seems to me that "normalcy", as Howard puts it, is not going to be an easy ride indeed.


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Strawman
Added 2 years ago

Thanks for sharing @DVV1974

I'm a big fan of Marks and agree he makes some excellent points here.

The following certainly resonates for me:

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I think you can say the same about the RBA, and in particular the impact it's had on housing.

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