the difference between "lead" and "react" or
Loosing Touch In Old Age:
“If you stick around long enough, you’ll see everything in markets,” he said from his Omaha headquarters. “And it may have taken me to 89 years of age to throw this one into the experience, but the markets, if you have to be open second by second, they react to news in a big time way.”
In order for a seller to sucessfully dump his bag of kaka, there has to be a buyer who has an opposing view of the bag.
Israel MacroMicro 22:45:20 GMT - 05/03/2020
probably his goal is to get major holding in $BA
Israel MacroMicro 18:06:13 GMT - 05/03/2020
The main equity news on the weekend came from Warren Buffett and it wasn't good at all.
He sold all his airlines stocks
He didn't buy anything and now has $137B in cash on hand
One headline that didn't get much attention was about US default. He dismissed the worry but he also touched on debt monetization.
If you print bonds in your own currency, what happens to the currency is it can be a question because you don't default. And the United States has been smart enough and people have trusted us enough to issue, which is that in its own currency and Argentina is now having a problem because the debt isn't in their own currency and lots of countries have had that problem. And lots of competent countries will have that problem in the future. It is very painful to owe money in somebody else's currency, but listen, if I could issue a currency Buffet bucks and I had a printing press and I could borrow money, I would never default. So what you end up getting in terms of purchasing power can be in doubt.
london red 17:53:55 GMT - 05/03/2020
CB, buffet going down on the squid was a defining moment in the 2008 crash, it gave a lot of folks a signal. his silence so far was another signal. but guess he made another signal today, a negative one. buffett rarely sells so spending nothing means he feels things get cheaper. as for the airlines...
dc CB 17:22:11 GMT - 05/03/2020
Market will get crushed on the open.
Berkshire held its annual meeting(virtual of course) this weekend.
good idea to check out what was said.
haifa ac 15:49:13 GMT - 05/02/2020
Warren Buffett's Berkshire Hathaway has $137 billion in cash, up $10 billion from the end of 2019, it reported Saturday. The company reported more than $50 billion in unrealized stock losses, but still had a quarterly operating profit of nearly $6 billion.
Why it matters: "That’s a contrast to the financial crisis in 2008, when his Omaha-based company dipped into its vast cash reserves to gain lucrative preferred shares and rescue businesses teetering on the edge of collapse," Bloomberg notes.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.