How Oaktree's Howard Marks Spots a Market Bubble
Odd Lots27 Jan 2025

How Oaktree's Howard Marks Spots a Market Bubble

The run-up in Big Tech stocks and all the hype over AI has put a bunch of investors on "bubble watch." One of those is Howard Marks, the co-founder and co-chair of Oaktree Capital Management. Howard is one of the most famous credit investors in the world, but he has experience in stock market bubbles too. Back in early 2000 — right before the Nasdaq peaked — he pointed out the frothiness in equities in a famous note titled "Bubble.com." So how does he actually spot a market bubble? How does a bubble differ from a bull run? And what is he seeing right now? We chat with Howard about all these things, including his experiences both in 2000 and during the 2008 subprime crisis.

Read More: Can Howard Marks Spot a Stock Bubble Twice?

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

See omnystudio.com/listener for privacy information.

Episoder(1184)

Joseph Torigian on Xi Zhongxun and Elite Chinese Communist Party Politics

Joseph Torigian on Xi Zhongxun and Elite Chinese Communist Party Politics

The Chinese Communist Party is probably one of the most difficult entities in the world to grasp due to its opacity of its inner workings. A new book from Joseph Torigian, a research fellow at Stanfor...

7 Aug 202544min

Bill Beach on How Trump Just Politicized US Economic Data

Bill Beach on How Trump Just Politicized US Economic Data

Late last week, Donald Trump shocked Wall Street by firing Erika McEntarfer, the head of the Bureau of Labor Statistics, the agency responsible for publishing some of America's most important economic...

4 Aug 202524min

The AI Industry Is Becoming Like Professional Sports

The AI Industry Is Becoming Like Professional Sports

When it comes to tech startups, you often hear about VCs making a ton of money, or founders experiencing life-changing exits. But something is changing in the world of AI. Now it's the engineers thems...

4 Aug 202552min

How to Make Money Selling Pizza in New York City

How to Make Money Selling Pizza in New York City

Everybody knows that New York City has a ton of pizzerias. And yet, new ones are opening up all the time. Why do we need more? And how is there still money to be made? On this episode, we speak with A...

2 Aug 202549min

What an LA Bakery Says About the Economy Right Now

What an LA Bakery Says About the Economy Right Now

Bakeries are great microcosms of the economy. There's lots of labor involved. You need commodities like flours and eggs, plus energy for your ovens. You need capital investment to get the ovens in the...

1 Aug 202547min

Circle's CEO on the Booming Business of Stablecoins

Circle's CEO on the Booming Business of Stablecoins

Stablecoins are emerging as one of the most active areas of cryptocurrencies. The idea of using blockchain rails to transmit money has captured the attention of legacy financial institutions as well a...

31 Jul 202549min

This Is How Chinese Manufacturers Are Countering Trump's Trade War

This Is How Chinese Manufacturers Are Countering Trump's Trade War

President Trump has announced tariffs on basically every trading partner. However there is a real sense that the ultimate goal is to hamper the growing perceived economic threat from China. One vision...

28 Jul 202548min

How a Trade War With China Could Become a Hot War

How a Trade War With China Could Become a Hot War

Tension between the US and China has been building for some time. But so far this has been limited to issues of trade. The US has imposed tariffs on China. It's imposed restrictions on technology expo...

26 Jul 202559min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
finansredaksjonen
tid-er-penger-en-podcast-med-peter-warren
utbytte
rss-markedspuls-2
liberal-halvtime
pengesnakk
livet-pa-veien-med-jan-erik-larssen
morgenkaffen-med-finansavisen
rss-pa-konto
lederpodden
rss-fa-makro
rss-investering-gjort-enkelt
rss-politisk-preik