Oaktree's Marks Pivots to Bonds, Citing 'Equity-Like' Returns

Oaktree's Howard Marks says higher interest rates make bonds a better buy than stocks. Find out why and what it means for your investments.

#HowardMarks, #Oaktree, #Bonds, #Investing, #InterestRates

https://newsletter.tf/howard-marks-bonds-offer-equity-like-returns/

Oaktree's Howard Marks, managing $224 billion, now favors bonds over stocks. He believes current bond yields are as good as stock returns, a big change from recent years.

#HowardMarks, #Oaktree, #Bonds, #Investing, #InterestRates
https://newsletter.tf/howard-marks-bonds-offer-equity-like-returns/

🧭 Howard Marks — Q3 2025 Portfolio Snapshot ($6.49B)
Top holdings: $TRMD 12.9% $EXE 8.3% $GTX, $AU, $VNOM Details: https://13radar.com/guru/howard-marks

📊 Sector Breakdown: Energy 37% | Materials 13% | Comm Services 10%

Marks is positioning for commodity cycles, distressed value, and inflation hedges. This isn’t tech chasing — it’s macro-aware capital deployment.
#HowardMarks #Portfolio #ValueInvesting #EnergyCycle #DistressedAssets #Howardmarks #stockmarketcrash #stockstobuy