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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 3 months ago by [email protected] to c/business

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[–] MapleEngineer 65 points 3 months ago (1 children)

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

[–] Rapidcreek 17 points 3 months ago

Answer to the first question in headline : Usually

Response to the second sentence in headline: Trump

[–] alleycat 15 points 3 months ago (1 children)

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

[–] SquatDingloid 10 points 3 months ago (1 children)

Trump wants to get rid of all illegal immigrants, and as many legal immigrants as possible.

Even if it were just the illegal ones those are the people holding up 95% of our domestic agriculture and clothing industries.

[–] alleycat 3 points 3 months ago

[...] those are the people holding up 95% of our domestic agriculture[...]

Smells like famine. If not the US, then in developing countries because of increased US food imports.

[–] [email protected] 3 points 3 months 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.