Buffett bought shares of this stock for 23 straight quarters, but suddenly stopped last year.
Warren Buffett hasn’t seen a lot to like in the stock market recently. In fact, he and his team of investment managers at Berkshire Hathaway (BRK.A -0.40%) (BRK.B 0.83%) have been net sellers of stocks for 11 straight quarters.
The idea that America could be in for a bout of stagflation – rising prices, a slowing economy and rising unemployment – has been growing recently.
July’s job numbers included the biggest downward revisions to payrolls outside a recession, and had many wondering if the US is already there. Goldman Sachs’ economics team says the US economy is at “stall speed” as housing and consumer spending start to crack,
» Read more about: Goldman’s strategy to hedge US stagflation risk with six ASX stocks »
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Trump and Federal Reserve Chairman Jerome Powell got into an awkward on-camera clash during the president’s tour of the Fed’s headquarters.
As President Donald Trump vowed to make Washington, D.C. “safer and more beautiful,” he also vowed to stop people from spending billions to fix up a building when there are other problems to solve,
US President Donald Trump’s approach to China reveals a leader improvising rather than implementing a coherent strategy. It reflects a form of transactional statecraft – prioritising short-term economic wins over long-term strategic alignment.
As a result, Mr Trump’s second-term China policy has become a Rorschach test for foreign policy analysts.
» Read more about: Trump is losing the trade war with China »
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Andrew McElroy is Chief Analyst at Matrixtrade, author of the ebook ‘Fractal Market Mastery’ and producer of the ‘Daily Edge.’
» Read more about: S&P 500: Prep For A Red August (Technical Analysis) »
President Trump wrote Sunday that homeless people should be moved out of Washington, D.C., “IMMEDIATELY” and relocated “FAR” away, as he hints at more aggressive policing in the nation’s capital — and suggests putting the city under federal control.
The Trump administration announced last week it had boosted the presence of federal law enforcement in D.C.,
While Nvidia and XRP are completely different types of assets, there are some similarities.
Nvidia has been the bigger winner historically.
A concept photo of China’s stock market Illustration: VCG
A number of international asset managers have become upbeat on Chinese stocks and assets, boosted by the stable development of China’s economy and technology innovation, with Greenwoods Asset Management Hong Kong becoming a latest example after it expressed a bullish view on China’s development prospects in the coming years.
» Read more about: Global asset managers upbeat on Chinese stocks, boosted by tech innovation »
Cathie Wood, the chief at ARK Investment Management, has offloaded approximately $28 million worth of Palantir Technologies Inc. PLTR shares.
Wood’s funds have experienced a turbulent period recently, marked by severe losses and robust gains.
» Read more about: ARK's Cathie Wood Sells $28 Million Palantir Shares at Record Highs »
While 70-year-old Toni Seavern was working for the state Department of Human Services during the height of her career, her biggest fear was losing her job and becoming homeless.
