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Warren Buffett BIG BET He Doesn’t Want You To Know
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Warren Buffett of Berkshire Hathaway and "The Big Short" investor Michael Burry are signaling potential market downturns. Economist Steve Hanke observes these moves as indicators of a looming recession. Notably, Berkshire Hathaway has recently divested $8 billion in stocks, bolstering its cash reserves by 13% to nearly $147 billion. Simultaneously, Burry's Scion Asset Management revealed substantial put options against the S&P 500 and Nasdaq-100, reflecting his bearish outlook. Hanke, renowned for his economic expertise and historical roles, predicts a U.S. recession by the first half of 2024. #WarrenBuffett #MichaelBurry #SteveHanke #BerkshireHathaway #RecessionPredictions #ScionAssetManagement #stockmarket
TOPICS AND TIMESTAMPS:
Warren Buffett Recession? 0:00
Economy Sputters 5:05
Society Crumbling 13:20
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