Wall Street looks to Warren Buffett for guidance on tariffs, economy – but he’s likely to pass
The post Wall Street looks to Warren Buffett for guidance on tariffs, economy – but he’s likely to pass appeared on BitcoinEthereumNews.com. Warren Buffett is finally expected to talk about the tariffs and economic mess that’s had Wall Street choking for months. The 94-year-old CEO of Berkshire Hathaway will face investors at the company’s annual shareholder meeting in Omaha this Saturday. He hasn’t said a thing yet about the chaos unleashed by President Donald Trump’s tariffs or the shaky markets that followed. Now, after nine quarters of big sell-offs, people want answers — and they’re hoping they’ll get some this weekend. The crowd won’t be small. Over 30,000 investors are flying in to Nebraska for what’s become the loudest finance event of the year. It’s the 60th anniversary of Warren leading the company. It’s also the second meeting without his longtime partner and best friend Charlie Munger, who died in 2023. The event has been called “Woodstock for Capitalists” for years. But this time, no one’s showing up to party — they want to hear what Warren plans to do with the cash and why he’s been dumping stocks like it’s a fire sale. Berkshire investors want Warren Buffett to get real on tariffs and Apple sell-off This year’s event lands at a rough time. The tariffs Trump slammed on imports — the highest in decades — have investors panicking. Some of those were delayed 90 days, but the impact is already being felt. Economic reports are showing signs of a slowdown. Some are warning that a recession’s around the corner. Steve Check, founder of Check Capital Management, said the mood is tense. “Because Berkshire owns so many businesses, they’re basically on the front lines of everything in terms of the economy falling off. Is it even worse than what the numbers are already showing?” he asked. “I hope, more than anything, that he speaks out against the way tariffs have been…
The post Wall Street looks to Warren Buffett for guidance on tariffs, economy – but he’s likely to pass appeared on BitcoinEthereumNews.com.
Warren Buffett is finally expected to talk about the tariffs and economic mess that’s had Wall Street choking for months. The 94-year-old CEO of Berkshire Hathaway will face investors at the company’s annual shareholder meeting in Omaha this Saturday. He hasn’t said a thing yet about the chaos unleashed by President Donald Trump’s tariffs or the shaky markets that followed. Now, after nine quarters of big sell-offs, people want answers — and they’re hoping they’ll get some this weekend. The crowd won’t be small. Over 30,000 investors are flying in to Nebraska for what’s become the loudest finance event of the year. It’s the 60th anniversary of Warren leading the company. It’s also the second meeting without his longtime partner and best friend Charlie Munger, who died in 2023. The event has been called “Woodstock for Capitalists” for years. But this time, no one’s showing up to party — they want to hear what Warren plans to do with the cash and why he’s been dumping stocks like it’s a fire sale. Berkshire investors want Warren Buffett to get real on tariffs and Apple sell-off This year’s event lands at a rough time. The tariffs Trump slammed on imports — the highest in decades — have investors panicking. Some of those were delayed 90 days, but the impact is already being felt. Economic reports are showing signs of a slowdown. Some are warning that a recession’s around the corner. Steve Check, founder of Check Capital Management, said the mood is tense. “Because Berkshire owns so many businesses, they’re basically on the front lines of everything in terms of the economy falling off. Is it even worse than what the numbers are already showing?” he asked. “I hope, more than anything, that he speaks out against the way tariffs have been…
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