Join NexChange - the professional
network for the financial services
industry - and receive a free one-
year subscription to Forbes
On the Other Hand
By Advisor Perspectives
Memo to: Oaktree Clients
From: Howard Marks
Re: On the Other Hand
It often happens that just as I’m about to release a memo, I come across something that absolutely has to be incorporated. That was the case on June 12, the day “This Time It’s Different” was published. I was reading a first-quarter report from Ruffer, a London-based money manager, and I came across the following question:
Can the Fed, with its discretions and its firepower, keep a market dislocation at bay, or halt it once it has begun?
Read more at Advisor Perspectives.