Seeking Alpha (May 7)
“Berkshire Hathaway holds $130 billion in cash. That is over 18% of the company’s market cap. Clearly, management is not confident in the near term outlook of U.S. equity markets” in light of “the increasing preponderance of data that supports lower growth and lower earnings. The U.S. has certainly experienced an incredible period of growth and profits over the last 3 years. That phase is coming to an end.”
Tags: $130 billion, Berkshire Hathaway, Cash, Confident, Data, Earnings, Equity markets, Lower growth, Management, Market-cap, Near term, Outlook, Profits, U.S.
Institutional Investor (June 27)
“Further escalation between the U.S. and China could make U.S. Treasuries less dependable.” But that’s only the tip of the iceberg. “Every trade is financed…. Trade and capital flows are part and parcel of a complex system. Mess with trade flows and there will be ‘unintended’ impacts on capital flows. Equally, disturb capital flow and there will be an impact on trade flows.” As trade issues also flare up with NAFTA and Brexit, it’s “no wonder equity markets are volatile.”
Tags: Brexit, Capital flows, China, Equity markets, Escalation, Impacts, Nafta, Trade, Treasuries, U.S., Unintended, Volatile
Investment Week (December 9)
“The industry has been gripped by fears of an impending market correction for some time now and debating what could cause a pullback, but talk may have been premature as global equity markets continue to hit fresh record highs into the latter stages of 2017.” UK wealth managers have been “more downbeat than their global peers” due to domestic issues like “negotiating Brexit and the potential for a Labour win if another snap General Election is called.”
Tags: Brexit, Downbeat, Equity markets, Fears, Industry, Market correction, Premature, Pullback, Record highs, Snap election, UK, Wealth managers
