Warren Buffett Appears to Be Betting on a Recession. Is He Wrong?
Unlike during the third quarter, Berkshire didn't open new positions in any companies in the fourth quarter of 2022, and it sold more shares than it bought. The moves revealed in Berkshire's 13F filing have some investors wondering if Warren Buffett is betting on a recession.
Are we in a recession right now![]()
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The near-term risk of the US falling into recession has abated after a wave of data this year pointed to a rebound in consumer spending and a shockingly strong jobs market.
However, U.S. economy has often added jobs ahead of past downturns, says Lauren Goodwin, an economist and portfolio strategist at New York Life Investments. Specifically, Goodwin found average payroll gains were still positive a month before the start of nine out of the past 10 U.S. economic recessions.
Walmart, the biggest US retailer remains cautious on the path forward for consumers and the economy. Its outlook for the year though disappointed, signaling a wariness about the pandemic-recovery economy.
Mooers, is Warren Buffett right about the economy? Do you think we are in a recession?
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102063367 : So many big companies are laying off employees one after another
As a result, a large number of people lost their jobs, the ability to buy houses and cars declined, and production declined. How could the economy be better?
Invisible reduction in demand
Dubulator : We crab
until housing market corrects (REITs are propping it up), war is resolved or interest rates drop or increase at a higher rate. I’m amazed it didn’t crash harder last year so I think now it’s an economy with fairly equal bill to bear conditions. Also I think it breaks sharp whichever way it goes.
lightfoot : We have been in a recession when prices rise and people take home less each pay period. 2 negative quarters. When you are frugal and you watch your savings decline and credit card use rises and your lifestyle has not changed. Beijing Joe never buys food, gas, pay electric Bill's. What fricking world do they live in? I fill they too Cook the books. We will always be lied too. We would be better off with only state government. I hope those fools who put him in office suffer the most.
lightfoot : Are we not yet sick of the incompetence of the White House, Susan Obama Rice.
lightfoot : Buffet couldn't feel recession if it bit him in the glass.