Start. How do you start six months, andrew, in terms of the markets and the economy and what weve heard from the fed. Its like a tolstoy novel. You could do a month and it would take a half hour to go over everything we have seen you throw in a. I. And his investments around the world and you remind yourself 30 years 30 plus every year. That is almost its an amazing thing probably will never been done again. I dont know how it was done once unless you made some deal with someone who knows these things to do that well is spooky. Its scary i guess it comes from being smart. Were okay. Hes one of the smartest when it comes to these issues that will be 25 minutes of stan hes going to be in your chair you got to give your chair to someone. I would warm it up for stan. Perfect lets check the markets which well be talking about at length today u. S. Futures indicated up about 78 points. Mixed on nasdaq which is off a little so much of it has to do with a lot of what we are talking about which
Different meeting. The first annual meeting since Charlie Mungers death at the end of last year. It raised questions of what Berkshire Hathaway will look like after Warren Buffett. Those are the things that shareholders have been asking about and the types of things we see reflected in the media. Big questions, obviously, thrown to Warren Buffett and greg abel and jane who will be on stage this weekend to answer those questions. Well talk about those over the next few hours. Some of the issues surrounding berkshire. These are issues that Warren Buffett was direct about in his annual letter to shareholders. He laid out the disappointments they have seen. Bnsf was a disappointment on earnings. Earnings dropped significantly from a year ago. Buffett laid out how its railroad has fallen behind the other five major north american railroads in terms of margins. He talked about bhe. Berkshire hathaway energy. The major Utility Company Berkshire Hathaway owns as well. Laid out the issues on th
If you want to look at what is happening in the u. S. Equities this morning, you will see green arrows dow up 25 points right now you have the nasdaq up 1 the s p is up 4 points it is a complicated month. You have most of the major averages on track for the worst. Dow down the last six of seven sessions a lot of questions about what comes next and comes from the fed. Is a recession coming . Will they land softly . It is an interesting use of the word interesting above 4 6 the inversion widened a bit. We will see what happens today crude Oil Prices Surging to the highest level in over a year we are talking above 93 brent at 96 a barrel. All of these questions mean what does it mean for inflation with energy picking up . The crude is off the highs of the session. Above 95 here. Not brent. It is a tricky time. Do you think it is always tricky. Sometimes we feel calm about things i would say investors have more sense of unease lately that is why you have the pullback in the major averages
Coinbase CEO Brian Armstrong has almost fulfilled a pledge to sell 2% of his company stake to fund other startups. Armstrong sold nearly 27,600 COIN shares…