2 Question Tuesday – 11/19/2024 – Why Is Warren Buffett Selling So Much Stock? Do You Think The U.S. Deficit And Tariffs Will Lead To An Economic Downturn?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- Why Is Warren Buffett selling so much stock?
- Do you think the US deficit and tariffs will lead to an economic downturn?
Phil, Mike, and Larry examine why Warren Buffett’s firm, Berkshire Hathaway, has been a net seller of stocks this year, selling large parts of Berkshire’s holdings in Apple, Bank of America, Capital One and T-Mobile. Does this mean Buffett is expecting a market crash? They then discuss if the combination of giant deficits and tariffs will cause inflation and interest rates to rise and lead to an economic downturn.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.