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Buffett's Berkshire Poised for Gains on Rate Hikes, Countering Slumps

(Bloomberg) -- Berkshire Hathaway Inc. contended with rising prices, a troubled insurance market and a dearth of deals in the second quarter. But rate hikes and an expanded stake in Apple Inc. will likely help counter those woes. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseTreasury Rout Unnerves Traders as Stocks Retreat: Markets WrapCanada PM Justin Trudeau Splits With Wife Sophie GregoireS&P 500 Has Worst Day Since April After Big Rally: Ma...
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