Howard Marks finds it troubling that prices are near or at all-time highs, making it hard to find cheap assets, and notes that the growing American debt pile is creating great uncertainty.
Stock Market Today: Dow drops more than 500 points, S&P 500 and Nasdaq fall sharply as Big Tech stocks slump after earnings disappoint; Oil prices rise amid Middle East worries while Treasury yields climb.
A US judge ruled against the government's proposals to break up Google, including a forced sale of its Chrome browser, in the biggest antitrust case in three decades.
Blackstone Inc. is increasing its investment in artificial intelligence firm Anthropic PBC, elevating its stake to roughly $1 billion at the startup’s current valuation.
