Its Over, page-23571

  1. 23,393 Posts.
    lightbulb Created with Sketch. 2099
    BREAKING: Warren Buffett dumpanton of $BAC shares continues with ~760m$ worth just sold bringing the total to ~7bn$ Narrator: Warren Buffett listens to the warnings of the US yield curve..

    https://x.com/DarioCpx/status/1831836927894679773

    ....Warren Buffett selling
    ....Gold making all time highs
    ....Oil price hitting one year lows
    ....US unemployment inching higher
    ....Chinese economy struggles
    ....Dow hit century long uptrend resistance
    ....US heading towards a highly uncertain and contested election outcome
    ....Yen carry trade reversal threat looms in the background
    ....AI boom/bull market running into exhaustion phase
    ....US CRE imploding, slowly threatening to upend the financial industry
    ....Geopolitical tensions and uncertainties to remain high

    BUT market optimists believe the much elevated equity market still has legs to run higher....they won't relent because to do so would be to cave in to the bears. And they may still be right, but a short while.

    They will trade the market higher until the signals show them otherwise. I understand that but when they wait till that very day, they could be caught out in a big selloff that they do not want to panic sell into, only to regret that because they were wired not to panic, they would end up having to endure what is to come. Had they been eager to sell into strength, they would not have this predicament.

    It is all about timing. Robin Khunda knows his timing and his sale of his data centre outfit AirTrunk to land himself > A$1Billion could not have been more perfect timing. Another few months later, it could be a very different outcome.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.