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Video · ▼ Bearish · 3 sources confirmed · 2026-09-20 13:41 UTC

Howard Marks Flags Uncertainty in AI Investing

Why now

Thesis: Marks warns AI optimism ignores bad news, implying asymmetric downside.

Catalyst to watch: Sentiment shift or negative AI news flow.

Main risk: AI-linked valuations could de-rate sharply.

Why it matters

Marks argues persistent optimism has pushed investors past bad news, implying AI-linked valuations carry asymmetric downside if sentiment turns.

Details

Oaktree Capital Management co-founder & co-chair Howard Marks says optimism has dominated markets since late 2022, pushing investors to look past bad news and making caution increasingly important. Marks is on Bloomberg This Weekend and tells David Gura and Christina Ruffini that enthusiasm around A

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