Subject: Howard Marks on the market
Howard Marks says stocks aren't a screaming buy or obvious sell – and it's unclear if a boom or bust is coming
https://finance.yahoo.com/news...
"I don't think today's a fat pitch," the billionaire investor said on the latest episode of "The Insight by Oaktree Capital" podcast, borrowing Warren Buffett's signature term for a blatant opportunity.
"The market is not crazy high and it's not crazy low," Marks continued. "It seems a little high, not enough to make you take action."
...
"We're in that middle zone, what I call the zone of reasonableness," he said. "The market is not too high or too low. The outlook for the economy is not convincingly positive or negative."
Surprising...if true. Might need to listen to the podcast for context.