Does Warren Buffett Know Something That We Don’t? Berkshire Hathaway is hoarding cash in a pattern seen before the financial crisis (www.wsj.com)

submitted 4 days ago by PhilipTheBucket@ponder.cat to c/business@lemmy.world

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[-] Jackinopolis@sh.itjust.works 3 points 3 days ago

It's generally known that the economy growth slows under Republican administrations. US Economic Performance by Presidential Party

If you are pessimistic about the next 4 years, you may want to adjust your stocks for more cash reserves and/or rebuy into necessity stocks (food, utilities, etc)

Interestingly, the Wikipedia article notes good stock market returns under Rep. President + Rep. Congress. So take it or leave it.

this post was submitted on 11 Nov 2024

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