13 Nov 2025 | 5 Mins Read
Investors warned of credit market recklessness
Flipitmoney
Howard Marks warned of "complacency" and "carelessness" in the credit market due to high-profile bankruptcies of First Brands, Tricolor, and several other companies. He dismissed concerns of a systemic problem, stating that a few dozen defaults in a year is "not a surprise." Marks attributes market turmoil to rising risk tolerance and neglect of due diligence during market upswings.