Here's your summary from Oaktree Capital's Howard Marks on US Growth, China Market, Evergrande (https://www.youtube.com/watch?v=RLp1v8DE-2Q) on the Bloomberg Television channel:
**TLDR:** Howard Marks discusses the current state of the US economy, opportunities in China, private credit growth, and lessons learned from Evergrande.
1. Marks highlights the strong performance of the US economy despite challenges, with opportunities for bargains outside the US, particularly in China.
2. He emphasizes the growth of private credit investing, with interest in credit investing on the rise due to higher yields.
3. Marks shares insights on distressed properties in China, emphasizing the importance of collateral and lessons learned from the Evergrande fallout.
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