Introduction

Anna Schimanski: Oaktree's co-chairman Howard Marks and David Rosenberg join me for The Insight. We'll be discussing topics from Oaktree's recently published piece, The Roundup. I'd like to begin by taking a broad look at financial markets. Why do you think this might be the case in financial markets today?Howard Marks: Anybody who came into the investment or financial world since 1980, 43 years ago, have only seen a climate in which interest rates were either declining or ultra low - not normal.