Sunday, December 22, 2024
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Coronavirus Pandemic Could Spark a Global Depression & Warren Buffett’s Shopping Spree

Key industries like manufacturing in China, Japan, and South Korea are on the decline. Warren Buffett’s $130 billion cash pile will put Berkshire in a strong position to make big acquisitions. The patience of Buffett is starting to pay off for investors. Manufacturing is slowing down and major economies

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Warren Buffett’s Stock Moves Warn of Looming Recession for U.S. Economy

Berkshire Hathaway has moved into defensive stocks as stakes in recession-prone companies were cut. Warren Buffett’s heavy exposure to financials is now lower. Charlie Munger recently warned of “lots of troubles” ahead for the economy. Warren Buffett’s most recent stock purchases point to growing concerns that an economic downturn is right ahead. A Feb.

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