by Bloomberg.com | Feb 25, 2023 | alerts, Markets/Economy
Conglomerate still reported record operating earnings for year Buffett takes issue with critiques of share buybacks in letter Warren Buffett’s Berkshire Hathaway Inc. reported weaker results in some of its key businesses, underscoring fears the US economy is facing a...
by Lance Roberts | Feb 24, 2023 | alerts, Markets/Economy, Real Investment Advice
A recent Wall Street Journal articlediscussed how retail traders that made millions during the pandemic trading the market are now mostly wiped out. “Amateur trader Omar Ghias says he amassed roughly $1.5 million as stocks surged during the early part of the pandemic,...
by John Mauldin | Feb 24, 2023 | alerts, Markets/Economy, Mauldin Economics
“Diamonds are forever,” according to the jewelry industry. That may be a slight exaggeration, yet diamonds will certainly outlive you and whomever you give them to. Debt isn’t forever but can definitely seem like it. That feeling is a clue you have too much debt....
by Bloomberg.com | Feb 23, 2023 | alerts, Markets/Economy
Former Treasury chief says data on current conditions strong Leading indicators suggest risk of ‘Wile E. Coyote’ moment Former Treasury Secretary Lawrence Summers said worrying signals of a potential sharp drop-off in activity combined with strength in other...
by Bloomberg.com | Feb 23, 2023 | alerts, Markets/Economy
JPMorgan CEO’s list includes Fed, Ukraine, Energy, China Central bank will have to pause rate hikes, Dimon says The US economy has obstacles to overcome, though there’s still a chance for a so-called soft landing, Jamie Dimon said. “The US economy right now is doing...
by Bloomberg.com | Feb 23, 2023 | alerts, Markets/Economy
AQR co-founder says ‘fat tail event’ would be macro economic Quant pioneer says world too quick to think valuations fixed Billionaire quant investor Cliff Asness warned Thursday that US stocks are vulnerable to a macro shock if inflation doesn’t stage a spirited...
