Federal Reserve Has ‘Great Power,’ But Not Forever: Oatkree’s Howard Marks

Federal Reserve Has ‘Great Power,’ But Not Forever: Oatkree’s Howard Marks

May.18 -- Howard Marks, co-founder and co-chairman at Oaktree Capital, the largest investor in distressed securities worldwide, discusses the market divide he sees on the Federal Reserve’s response to the coronavirus pandemic, and what may happen when the Fed removes its support. He spoke exclusively with Bloomberg's Erik Schatzker from Los Angeles on “Bloomberg Front Row.”