Market / General
Memos from Howard Marks: Easy Money

Oaktree Co-Founder Howard Marks explains what the recent shift from ultra-low interest rates to more normal rates means for investors and portfolios.

01.09.2024

Howard Marks writes in his latest memo about what financial history tells us about how easy money impacts investor behavior and what happens when ultra-loose monetary policy ends. Drawing on Edward Chancellor’s The Price of Time: The Real Story of Interest, Marks makes the case for why investors should be prepared for the federal funds rate to average between 3% and 3.5% over the next decade.

Views and opinions expressed are subject to change. This recording is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any product or service of Brookfield Corporation (“Brookfield”) and certain of its affiliates.