‘Goldilocks thinking’ can set stock-market investors up for losses: Howard Marks

‘Goldilocks thinking’ can set stock-market investors up for losses: Howard Marks

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Stock-market investors may be setting themselves up for disappointment — and losses — by engaging in “Goldilocks thinking” on the economy, legendary investor Howard Marks warned Tuesday in his latest memo. Marks, the billionaire co-founder of distressed-securities juggernaut Oaktree Capital…

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