Warren Buffett's $348 Billion Warning to Wall Street, and Why the Stock Market May Crash
  • May 22, 2025

Warren Buffett's $348 Billion Warning to Wall Street, and Why the Stock Market May Crash

Berkshire Hathaway reported a record $348 billion cash position in the first quarter, which suggests Warren Buffett thought most stocks were too expensive. The S&P 500 currently has a cyclically adjusted price-to-earnings (CAPE) ratio above 34, a valuation that has historically preceded stock market crashes. The S&P 500 has suffered several crashes during the last three decades, but the index still returned a total of 10.4% annually during that period.

Gold Heads for Weekly Surge as US Fiscal Concerns Cause Tremors
  • May 22, 2025

Gold Heads for Weekly Surge as US Fiscal Concerns Cause Tremors

(Bloomberg) -- Gold headed for the biggest weekly gain in more than a month, as investor concern about the US fiscal deficit boosted the metal’s appeal. Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtNYC’s War on Trash Gets a Glam SquadNJ Transit Makes Deal With Engineers, Ending Three-Day StrikeBullion rose toward $

Oil Set for Weekly Slump as OPEC+ Weighs Another Big Supply Hike
  • May 22, 2025

Oil Set for Weekly Slump as OPEC+ Weighs Another Big Supply Hike

(Bloomberg) -- Oil headed for its first weekly decline in three, as OPEC+ weighed another bumper production increase that could add supplies into a market already expected to face a glut.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtNYC’s War on Trash Gets a Glam SquadNJ Transit Makes Deal With Engineers, Ending Thr

Analysis-Tariff-fogged markets leave investors flying blind
  • May 22, 2025

Analysis-Tariff-fogged markets leave investors flying blind

LONDON (Reuters) -Global investors admit to flying blind in markets roiled by erratic U.S. trade rhetoric and chaotic economic forecasting, stressing that placing long-term bets was harder now than at any time since the 2020 COVID-19 crisis. Markets have been on a rollercoaster ride for weeks, with world stocks rallying 20% from more than one-year lows hit after U.S. President Donald Trump's April 2 tariff bombshell, after slumping 15% in three sessions. The turbulence continued on Thursday with a sudden selloff in global government debt, the latest event to spook long-term investors out of markets that they fear have lost the anchoring force of consensus forecasts.

Asian stocks rise and oil prices slip after Treasury yields ease
  • May 22, 2025

Asian stocks rise and oil prices slip after Treasury yields ease

Asian stocks rose early Friday as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt. The yield of the 10-year Treasury shed 0.6% to 4.52% while the two-year yield, which more closely tracks expectations for action by the Federal Reserve, slipped 0.4% to 3.98%. Oil prices dropped on expectations that the OPEC+ group of oil exporters may decide on another increase in output at their next meeting.

Frail dollar set to snap 4-week winning streak on US fiscal health worries
  • May 22, 2025

Frail dollar set to snap 4-week winning streak on US fiscal health worries

SINGAPORE (Reuters) -The U.S. dollar was weaker on Friday, poised to make its first weekly drop in five weeks against the euro and the yen as worries over the United States' worsening fiscal health sent investors scurrying for safe havens. After Moody's last week downgraded its U.S. debt ratings, investor attention this week has honed in on the country's $36 trillion debt pile and U.S. President Donald Trump's tax bill that could add trillions of dollars more to it. Dubbed by Trump as a "big, beautiful bill", it narrowly passed Republican-controlled U.S. House of Representatives and now heads to the Senate for what is likely to be weeks of debate, keeping investor sentiment fragile in the near term.