Howard Marks says the market is ‘pricing in a bad scenario’ and there is value for investors

Oaktree Capital co-chairman Howard Marks said Monday that the stock market is “pricing in a bad scenario” after its rapid sell-off and that it makes sense for some investors to buy into the market. 

“I do think that here we are down 30 [percent] from the high — and the high in my opinion was not a crazy high — I think we have value here. And I’ve expressed the view that spending some money is…

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