Related: The Impending Sector Reconfiguration to S&P 500 Index
The FANG stocks have been major beneficiaries of the bull market run, but Marks said that could be coming to a close.
“Ever since the global crisis, people have been asking me, ‘What inning are we in?,'” said Marks. “Now I would say we’re in the eight inning.”
Nonetheless, he did leave the door open for a tie game with extra innings.
“However, we have to notice that this isn’t baseball and we don’t know how many innings there will be,” Marks added.
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