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Warren Buffett says bull market in 2023 (indirectly)!!!!

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Riley91
Posts: 12723
Joined: Thu Feb 06, 2020 2:27 am

Warren Buffett says bull market in 2023 (indirectly)!!!!

Post by Riley91 »

If there’s a recession next year, someone forgot to tell Warren Buffett.

You may have expected this Berkshire Hathaway (BRK.A 1.02%) (BRK.B 1.25%) CEO to shut up as economy deteriorates heading into 2023. Retail sales are falling, CEOs in a number of sectors are warning of macroeconomic headwinds and the US Federal Reserve is expected to raise interest rates further next year in a bid to bring inflation under control.

However, Berkshire’s recent investments don’t look like it’s fearful of a recession. Below is a look at Berkshire’s list of stock purchases in the third quarter, its most recently reported period.
https://localtoday.news/la/warren-buffe ... 02640.html
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bubu dubu.
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Joined: Thu Oct 05, 2017 5:21 pm

Re: Warren Buffett says bull market in 2023 (indirectly)!!!!

Post by bubu dubu. »

Average length of a bear market is 388 days, and we've been in a bear market for approximately a year....so its not some out of nowhere prediction.
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Voltron
Posts: 6499
Joined: Thu Aug 17, 2023 4:05 am

Re: Warren Buffett says bull market in 2023 (indirectly)!!!!

Post by Voltron »

Well time is winding down on 2023. Was he correct?
FOR THE CULTURE!!!!
Spoiler:
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