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Marks likes oil, but says markets are in 'last trimester'

Published Mon, Nov 20, 2017 · 09:50 PM

    Singapore

    RENOWNED debt investor and billionaire Howard Marks thinks financial markets are in their "last trimester", and caution is in order.

    But there is still one thing Oaktree Capital Management, the firm he co-chairs, has been buying: Oil.

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