Debbie Downer wrote that. Definite influence piece. Half the people on following $BRK-B say "oh, it hasn't done anything in two years," which isn't true. It was at about $175 two years ago. At least the author reframed it to 19 months, but that's pretty convenient, isn't it? You can do that with any stock if you just choose a specific set of dates and then use scary words about how bad things are.
$BRK-B will be fine. Those 19 months are in the past (#Trump was President that whole time so it makes sense that #WarrenBuffett wanted to keep more cash in this environment. Turns out he was right considering how this is playing out). It's time to move on. #Berkshire shares are way undervalued around 200. The Oracle of Omaha still has a few tricks up his sleeves... even on his 89th birthday. Cheer up!
Update 2: #Trump says he doesn't want to be the grinch this Christmas. Maybe he wants to wait til next Christmas? And retail is suffering anyway. There is no proof that the consumer will enjoy a strong Christmas shopping season anyway.
The #tradewar will turn bloody if China bans all US imports. Think that is farfetched? China has already banned all agriculture. Could Trump ban all Chinese imports in retaliation? That would likely drive prices up and crash the stock market. #Trump is playing with fire.
I feel there is too much uncertainty to know where we will be in 6 months. And uncertainty is never good. With most presidents, we have a sense of stability. With #Trump, anything could happen. In particular with talks with China and North Korea.
To clarify, I do agree with you that #Trump's remarks have emboldened many with racist views to come out of the wood work. His rhetoric is often downright disgraceful. But did the El Paso shooter specifically link his attack to Trump? I may have missed it but have not read any such thing. And if not, I don't think it's fair to create such a link yourself without evidence to support the claim.
So many reasons. The yields are inverted for one....and it’s getting worse. That always points to a recession being very soon. Second-we are in the longest expansion of the economy in history. The odds of it lasting another three years are a long shot (that’s just because we beat a record and records are records for a reason and usually don’t get shattered). Third-the disaster that is the world economy will eventually bleed over and infect us. All the turds stink. We just stink a little less right now and we are a flight to safety. Forth-interest rates. The fact we can’t raise rates above 2.5 without causing a market crash is a big clue. The fact that the only reason the market is where it is in the first place is that (low rates) and stock buybacks. Five-it is my personal belief the global banks will unpeg the whole thing next year to prevent a #Trump re-election. He’s a nationalist and a threat to globalization.
I don't see #Trump lifting tariffs either. He loves a good fight and tariffs are clearly a favorite weapon. But I don't think it is a forgone conclusion that we will lose the #tradewar.
I'm all for negotiating a better deal. But a #tradewar helps no one. They should get back to the negotiating table! Sometimes I think #Trump likes to be a bully for the sake of being a bully.
Berkshire Shares Negative Now For 19 Months And Counting
Debbie Downer wrote that. Definite influence piece. Half the people on following $BRK-B say "oh, it hasn't done anything in two years," which isn't true. It was at about $175 two years ago. At least the author reframed it to 19 months, but that's pretty convenient, isn't it? You can do that with any stock if you just choose a specific set of dates and then use scary words about how bad things are.
$BRK-B will be fine. Those 19 months are in the past (#Trump was President that whole time so it makes sense that #WarrenBuffett wanted to keep more cash in this environment. Turns out he was right considering how this is playing out). It's time to move on. #Berkshire shares are way undervalued around 200. The Oracle of Omaha still has a few tricks up his sleeves... even on his 89th birthday. Cheer up!
Car Manufacturers Caught In Crossfire Of Trump's Trade War
No, of course not. Just for tariffs and racism. I support #Trump's effort to keep us out of war with Iran!
Car Manufacturers Caught In Crossfire Of Trump's Trade War
You can't blame #Trump for everything.
Trump Economic Plan Revealed: What Should The Fed Do?
Update 2: #Trump says he doesn't want to be the grinch this Christmas. Maybe he wants to wait til next Christmas? And retail is suffering anyway. There is no proof that the consumer will enjoy a strong Christmas shopping season anyway.
Trump’s Trade War Is A High-Stakes Gamble
The #tradewar will turn bloody if China bans all US imports. Think that is farfetched? China has already banned all agriculture. Could Trump ban all Chinese imports in retaliation? That would likely drive prices up and crash the stock market. #Trump is playing with fire.
Too Much Fear
I feel there is too much uncertainty to know where we will be in 6 months. And uncertainty is never good. With most presidents, we have a sense of stability. With #Trump, anything could happen. In particular with talks with China and North Korea.
Having Access To President Trump's Innermost Thoughts Is Killing Traders
To clarify, I do agree with you that #Trump's remarks have emboldened many with racist views to come out of the wood work. His rhetoric is often downright disgraceful. But did the El Paso shooter specifically link his attack to Trump? I may have missed it but have not read any such thing. And if not, I don't think it's fair to create such a link yourself without evidence to support the claim.
Having Access To President Trump's Innermost Thoughts Is Killing Traders
@[Gary Anderson](user:4798), I may not be a fan of #Trump, but I don't think you can blame him for El Paso. That's a stretch.
Having Access To President Trump's Innermost Thoughts Is Killing Traders
#Trump needs to leave all the tweeting alone.
Bull Market Is In Play Until At Least 2022
So many reasons. The yields are inverted for one....and it’s getting worse. That always points to a recession being very soon. Second-we are in the longest expansion of the economy in history. The odds of it lasting another three years are a long shot (that’s just because we beat a record and records are records for a reason and usually don’t get shattered). Third-the disaster that is the world economy will eventually bleed over and infect us. All the turds stink. We just stink a little less right now and we are a flight to safety. Forth-interest rates. The fact we can’t raise rates above 2.5 without causing a market crash is a big clue. The fact that the only reason the market is where it is in the first place is that (low rates) and stock buybacks. Five-it is my personal belief the global banks will unpeg the whole thing next year to prevent a #Trump re-election. He’s a nationalist and a threat to globalization.
China To US: Drop Tariffs Or No Trade Deal
I don't see #Trump lifting tariffs either. He loves a good fight and tariffs are clearly a favorite weapon. But I don't think it is a forgone conclusion that we will lose the #tradewar.
"Made In China" Soon To Be Replaced By "Made In Taiwan"
Yes, I hadn't thought of it, but it does seem clear to me now that this is the most obvious outcome of the #Trump's #TradeWar
Can Trump Manage the Economic Cycle?
#Trump does not give in easily. And the Fed doesn't often admit to being wrong.
The Old Keynesian Guidelines Have Been Forgotten
Let's hope a war is not part of #Trump's economic stimulus plan.
More About Trade Wars
I'm all for negotiating a better deal. But a #tradewar helps no one. They should get back to the negotiating table! Sometimes I think #Trump likes to be a bully for the sake of being a bully.
Can China Outlast the US Through Painful Trade War Escalation?
China is expanding while the USA is slowing. Not favorable for a #Trump tradewar victory.