(Bloomberg) — The market selloff is creating enough bargains for investors to begin buying, though it’s too soon to call the bottom, according to Howard Marks, co-founder of distressed investment specialist Oaktree Capital Management.“We’re certainly buying,” Marks said in a Bloomberg Television interview on Friday. “If you’re a distressed investor, you must turn more aggressive when you’re given good chances. I’m not saying this is the bottom, but this is certainly a time to do some buying.”Stocks plunged and U.S. credit markets were suffering their worst day in a decade as fears intensify that the spreading coronavirus will hurt corporate …read more
Source:: Yahoo Finance
