Nearly $2 Trillion Wiped Out from Stock Market as Fears of Global Recession Spark Panic Among Investors — Warren Buffett Dumped Nearly Half of Apple Stake and Holds $277 Billion in Cash Reserve

https://www.thegatewaypundit.com ^ | 8/5/2024 | jim hoft

[Governor Dinwiddie]

Websites spreading panic. What else is new?

[TChad]

Thanks for that link. Good ad.

https://x.com/alx/status/1820293298289831973

[Robert357]

With day traders, hedge funds, etc. the US Stock market has become home for speculators.

If you look at the Asian markets, they were hit even harder.

The US economy is still the strongest economy in the world and the US stock market is where people with money all over the world want to invest.

There will be lots of volatility in the US market, but if you are investing in the long term, it is still the best game on earth for wealth accumulation.

[Gaffer]

But according to all the polls, Kamala is waaaaaay out front. That should make the market happy, right?

[Fledermaus]

Excellent. I’m sure the spineless fake Republicans will whine.

[FlingWingFlyer]

A perfect time to put an illegal alien refugee in charge of the country. Give it hell schmucks. You’ve just about sunk America.

[Zathras]

I bailed three weeks ago.
I saw this coming.
My feeling is Tuesday is going to be worse.

[38special]

Just profit taking and course correction. It’ll go right back up. Don’t panic. Good stocks are now on sale.

[citizen]

Buffett is probably a big time lib but when it comes to his money and to the BH holdings, I figure he calls it like he sees it.

And reportedly he is way out of equities.

[GOPJ]

Maybe Buffett’s like Jamie Dimon - a self proclaimed “duel” - - has ‘the heart of a democrat and the brains of a Republican’....

[JohnnyP]

Silver is down while gold is flat. Seems they would both be going up.

Other metals are down, though there is always a demand for plutonium.

[1Old Pro]

+1