Howard Marks has a message for investors worried about how America’s fiscal situation could impact markets: don’t dump your stocks. The billionaire founder of Oaktree Capital investment firm shared his thesis in his latest memo published on Tuesday, laying out where he stands on big economic matters, including the growing fiscal burden that’s been worrying
Rising fears of an AI apocalypse have rattled markets and forced investors to reckon with a potentially existential risk. A future where robots take over and terminate humans remains a radical vision, fueled by recent warnings from AI researchers who consider doomsday a possible, but very unlikely, scenario. Yet it’s worth asking how people can
Gold investors are buying again, potentially adding fresh fuel to the metal’s rebound. Global gold-backed exchange-traded funds pulled in $3 billion in July, snapping two straight months of outflows, according to the World Gold Council last week. Holdings rose by 23 metric tons to 4,068 tons. “There are tentative signs that Western investment demand is
