Warren Buffett Selling $28.7 Billion in Stock Rings Alarm Bell Over Economy

Warren Buffett’s firm Berkshire Hathaway sold $28.7 billion of stock in the first three quarters of 2023.

  • It’s a move that some economists have interpreted as ringing alarm bells for the American economy.
  • As Buffett is considered one of the greatest investors of all time, as well as one of America’s richest men, his moves are closely observed and analyzed.

A former member of Reagan’s Council of Economic Advisers says it’s a sign “that a recession is right around the corner.”

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