Buffett spent 89 of his 90 years pushing the PR narrative to never bet against the US
And he will die having been the guy that dumped US financials, bought gold miners to combat Fed inflation and then invested in 5 Japanese trading firms
Who could have seen this coming pic.twitter.com/CXvpOxwl1r
— Quoth the Raven (@QTRResearch) August 31, 2020
Wow,
1928
1929
1932
1933
1986
2000 had great Augusts too!Anything bad happen around those years? 🤔 pic.twitter.com/GyVlKFrBWm
— Win Smart, CFA (@WinfieldSmart) August 30, 2020
The sad reality is that their policies are totally broken and can’t help improve our standard of living. But if the stock market crashes every CEO will fire employees, reduce capex, and take us into a recession that hurts us. So they’ve decide to “help” by boosting stocks. t.co/JSaQQ5217t
— GreekFire23 (@GreekFire23) August 27, 2020
Bubbles pic.twitter.com/q3gt7HpbGF
— zerohedge (@zerohedge) August 30, 2020
In Q2, US banks posted the lowest lending margin in records going back to 1984. The average net interest margin shrank to 2.81% compared with 3.39% a year ago. t.co/Lsr3uRlKjc
— Lisa Abramowicz (@lisaabramowicz1) August 31, 2020