Widely followed investor Howard Marks says the stock market rebound is not reflecting reality

Howard Marks, Co-Chairman, Oaktree Capital.

David A. Grogan | CNBC

Billionaire investor Howard Marks said there is a sharp disconnect between the stock market and the reality the world is facing amid the coronavirus outbreak.

“We’re only down 15% from the all-time high of Feb. 19,” Marks, co-founder of Oaktree Capital Management, said Monday on CNBC’s “Halftime Report.” But “it seems to…

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