This man knows the market.
He predicted:
1) Dot-com Bubble (2000)
2) Great Recession (2008)
3) The COVID Bubble (2021)
Here is Howard Marks' latest warning: 🧵
While the Fed cut short-term interest rates by 100 bps, the 10-year Treasury yield rose 70 bps in 2024 to 4.58%. That's the highest year-end yield for the 10-year since 2006. $TNX
https://t.co/rQuXrxVXM0