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Warren Buffett gets gloomy: America's 'incredible period' iseconomy, jobs, globalization coming to an end.
Yahoo Finance ^
| July 15, 2023
| Vishesh Raisinghani
Posted on 08/14/2023 6:15:51 PM PDT by anthropocene_x
According to the world’s most famous investor, the “incredible period” for the U.S. economy has been coming to an end in recent months.
That’s a somewhat surprising statement from a man who has famously been ultra-bullish on the U.S. economy.
But persistently high inflation, higher interest rates and the ongoing banking crisis have all made Buffett much more concerned about investment gains in the year ahead. His partner, Charlie Munger, echoed this sentiment. “Get used to making less,” Munger quipped.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Business/Economy
KEYWORDS: buffett; economy; globalization; jobs
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To: SaveFerris
Buffet was the Colin Powell in the finance world. Always talked up America and appeared conservative, but always endorsed Democrats. Funny after all these years of supporting Democrats that the greatness of America is in decline. Here’s a tip Warren, when Obama said he was going to fundamentally change America, maybe you should have believed him and inquired as to how he was going to do that.
41
posted on
08/14/2023 8:17:03 PM PDT
by
Obadiah
To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...
42
posted on
08/14/2023 9:11:21 PM PDT
by
bitt
(<img src=' 'width=40%>)
To: anthropocene_x
And what politicians and policies has the guy backed?
Hmmmmm?
43
posted on
08/14/2023 10:54:22 PM PDT
by
Sequoyah101
(Procrastination is just a form of defiance.)
To: Dick Bachert
44
posted on
08/15/2023 1:41:30 AM PDT
by
philman_36
(Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
To: EEGator
I feel blackjack might be better for me...A fool and his money are soon parted.
45
posted on
08/15/2023 1:44:45 AM PDT
by
philman_36
(Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
To: anthropocene_x
It certainly appears that the world is done with our heavy hand and is headed toward a separate economy. The bully is called out.
46
posted on
08/15/2023 3:17:46 AM PDT
by
norsky
( <P> <a href= > </a> <P> <P><h3> <P><img src=" "width=500"></img> )
To: philman_36
Do you have stocks right now?
47
posted on
08/15/2023 4:29:25 AM PDT
by
EEGator
To: Sicon
A guy asked me around April, 2020:
“When do we get back to normal?”
I told him “Get used to it. This iS the “new normal” (not that I’m happy about it)
48
posted on
08/15/2023 4:35:33 AM PDT
by
SaveFerris
(Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
To: EEGator
Do you have stocks right now?Why does it matter if I have stocks now or ever?
You could have said you were going to a "gentleman's club" (a titty bar for us common folks) and it would have applied doubly...
A fool and his money are soon parted.
49
posted on
08/15/2023 3:32:24 PM PDT
by
philman_36
(Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
To: philman_36
50
posted on
08/15/2023 6:13:36 PM PDT
by
EEGator
To: EEGator
Fool is subjective.Something a fool would say.
51
posted on
08/15/2023 6:22:06 PM PDT
by
philman_36
(Pride breakfasted with plenty, dined with poverty and supped with infamy. Benjamin Franklin)
To: philman_36
Or the one thinking that is the actual fool.
52
posted on
08/15/2023 6:29:28 PM PDT
by
EEGator
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