{"id":75980,"date":"2020-10-14T01:13:38","date_gmt":"2020-10-14T05:13:38","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=75980"},"modified":"2020-10-14T00:55:42","modified_gmt":"2020-10-14T04:55:42","slug":"billionaire-investor-howard-marks-paints-grim-view-of-economic-outlook-stimulus-alone-wont-cure-down-cycle","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2020\/billionaire-investor-howard-marks-paints-grim-view-of-economic-outlook-stimulus-alone-wont-cure-down-cycle.html","title":{"rendered":"Billionaire investor Howard Marks paints grim view of economic outlook: stimulus alone won\u2019t cure \u2018down-cycle\u2019"},"content":{"rendered":"\n<p>(Marketwatch)  The U.S. stock market has rebounded mightily in recent months but Howard Marks cautions investors to brace for a tough slog in the economy, and that\u2019s even if a fresh fiscal stimulus package can be passed by Congress to help heal the coronavirus-stricken business climate.<\/p>\n\n\n\n<p>\u201cThus, this down-cycle cannot be fully cured merely through the application of economic stimulus,\u201d the co-founder and co-chairman of Oaktree Capital Management, the largest investor in distressed securities worldwide, wrote in a lengthy screed, reflecting on the current state of the economy and the market.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/billionaire-investor-howard-marks-paints-grim-view-of-economic-outlook-stimulus-alone-wont-cure-down-cycle-11602619585?mod=home-page\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Marketwatch) The U.S. stock market has rebounded mightily in recent months but Howard Marks cautions investors to brace for a tough slog in the economy, and that\u2019s even if a fresh fiscal stimulus package can be passed by Congress to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75980","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=75980"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75980\/revisions"}],"predecessor-version":[{"id":75981,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75980\/revisions\/75981"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}