Recap May 9: Warren Buffett loses $50 billion – Record unemployment (Recap Ep070)
Day Trading Academy - Podcast autorstwa Marcello Arrambide: Founder - Day Trading Academy Learn to Trade
In this week’s recap, one of the most important news was the loss of more than $50 billion by Berkshire-Hathaway in the 1st quarter, its worst quarter in a decade, with its CEO Warren Buffett admitting the $6.5B recently divested investment in the airlines, was a mistake. However, the firm still retains $137B of cash on hand, with a market capitalization of some $444B. World shares rose on Thursday after China’s exports came in far stronger than expected, suggesting an economic recovery [...]
