LESS RISK.  MORE CAUTION.    Good point by Howard Marks of Oaktree Capital on the markets these days:      “It’s all about investors’ willingness to take risk as opposed to insisting on safety. And when people are willing to take risk , and not concerned about safety , that’s when I get worried”.  

see entire article at:  https://www.oaktreecapital.com/insights/howard-marks-memos

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