Howard Marks: Market Overvalued, But No Bubble
Oaktree Capital Management chairman Howard Marks recently had an interview with Christoph Gisiger of Finanz und Wirtschaft, (h/t Zero Hedge), telling Gisiger that the market is on the high side of fair, but doesn’t look like a bubble, and that there should be enough new investors falling in love with the market to fuel this bull run for a while longer.