Published On Jul 13, 2024
Warren Buffett Warns About the Potential Stock Market Crash
Warren Buffett and recent actions by Berkshire Hathaway suggest caution. The firm has sold $33 billion in stocks over the last three quarters and increased its cash reserves by $38 billion. Buffett’s concerns include high valuations and limited profitable investment opportunities, which he described as a "nightmare" scenario for the market. These moves indicate his wariness about the current economic environment and potential market volatility in 2024 that may lead to something bigger...
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