Hassett criticizes “indefensible” interest rate pause while economy expects 4% growth – Blockonomi

TLDR: Kevin Hassett expects US GDP growth to reach 4% next year, amid a surge in capital spending. AI-powered productivity gains could increase long-term growth potential to around 2%. Hassett says the Fed risks appearing biased by delaying further rate cuts. Softer labor market data and budget uncertainty may be temporary, following the recent shutdown. […]

Berkshire Hathaway sold another $6 billion worth of stock. What does this indicate about current markets?

Warren Buffett’s Berkshire Hathaway continues to send a warning signal to global markets with its portfolio changes. In its latest quarterly results, the storied investment conglomerate revealed that it sold far more shares than it bought for the twelfth consecutive quarter, boosting its cash pile to a record $381.7 billion. The move reinforces Berkshire’s cautious […]