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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 1 week ago by [email protected] to c/[email protected]

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[–] [email protected] 64 points 1 week ago (1 children)

Trump is about to destroy the US economy and plunge the world into a deep depression.

[–] [email protected] 15 points 1 week ago (1 children)

If you immediately start deporting a significant portion of your workforce, wouldn't that instantly result in an economic crisis?

[–] Jackinopolis 3 points 1 week 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.