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‘Hold your hat’ if Elizabeth Warren becomes president, billionaire investor Howard Marks says

Elizabeth Warren

  • Donald Trump’s reelection would bolster the stock market, while an Elizabeth Warren presidency would likely tank it, billionaire investor Howard Marks told CNBC on Tuesday.
  • Oaktree Capital Management’s boss said that if Trump wins next year, investors will “breathe a sigh of relief that he was re-elected and that will probably be healthy for the market.”
  • However, his advice was to “hold your hat” if Warren becomes president, given her criticism of big businesses and plans to toughen regulations on Wall Street.
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Donald Trump’s reelection would bolster the stock market, while an Elizabeth Warren presidency read more >>>

Source:: BusinessInsider.Com