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They must not follow
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Buffett's big bank bet explained using a simple measure of stock market valueWarren Buffett always wants to buy great companies at fair prices, and his big bet on banks fits this strategy at a time when there are concerns about an overvalued stock market. He can’t buy time tic toc tic toc kinda old to be investing for the long term should probably be in bonds
Source: CNBC - 🏆 12. / 72 Read more »
U.S. stock market looks set to halt multiday stumble as big bank earnings get under wayU.S. stocks on Tuesday are poised to snap a two-session skid as investors appeared to focus on hope that China would do more to buoy its flagging economy. Wall Street also was awaiting earnings from a number of key banks, a key Brexit vote that could cause some friction in domestic markets.
Source: MarketWatch - 🏆 3. / 97 Read more »