April 2nd Trumps termed “Liberation Day” we saw the massive tariffs places in countries across the globe. More than 1000 points lost in the Dow the same day April 3rd 1600 points lost and April 4th another 2,200 points down. With a recession seeming likely who is someone we can turn to?
Warren Buffett! Warren Buffett over the last months has been selling stocks and keeping cash. Was this a sign to sell out? Buffett seemed to know it was coming. Buffett currently has $334,000,000,000 in cash, and with the perfect time to buy while stocks are down it wouldn’t be a surprise to see him make big moves in the next couple years. Buffett is known for buying large shares of companies and holding, his next buy may surprise us all. With $334 Billion in cash Buffett has the power to buy companies out right. His next moves are to be studied.
Here are NorthShine News we predict Buffett saw Trumps support for office and decided to sell predicting Trumps win. He could have known having Trump in office meant the market was sure to go down.
Make sure to stay safe and financially ready for the future of this market!!
