The Rewind: What Does The Market Know?
The Memo by Howard Marks7 Loka 2021

The Rewind: What Does The Market Know?

Howard reflects on this memo originally published on January 19, 2016. In the second episode of a two-part series, he discusses the problems with taking advice from the market. But he also draws on insights from his latest memo, Thinking About Macro, to consider what it means when the market does get it right.

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