Debunking two (possible) explanations for the Oracle’s latest stock moves
In just the first three weeks of July, Warren Buffett spent over $10 billion of Berkshire Hathaway’s cash stockpile by:
Buying the natural gas transmission pipelines and storage assets from Dominion Energy for about $9.7 billion
Financial markets can tell us a lot about the economic recovery ahead, based on their direction of travel and how confident investors feel about the future. This is important as we emerge from the COVID-19 pandemic. There is much debate about whether the economic recovery will be a V-shape, indicating a short-lived economic downturn with a quick return to previous levels of output.