Elon Musk criticizes Warren Buffett for holding a huge amount of cash: The Federal Reserve needs to cut interest rates

JIN10
2024.08.04 21:27
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Elon Musk commented on Warren Buffett increasing his cash reserves to $277 billion in the second quarter, indicating that Buffett apparently expects some form of market pullback, or simply believes that there is no better investment than US Treasury bonds. The Federal Reserve needs to cut interest rates, and it would be foolish of them not to do so

Jinshi Data August 5th News, Musk commented on Buffett increasing his cash reserves to $277 billion in the second quarter, saying that Buffett apparently expects some form of market pullback, or simply believes that there is no better investment than US Treasury bonds. The Federal Reserve needs to cut interest rates, and it would be foolish if they don't