‘What has Mr. Buffett been buying (and selling) lately?’ [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
‘What has Mr. Buffett been buying (and selling) lately?’ A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web Morgan Stanley economists did nothing to help my skittishness about the short-term outlook for equities with this revelation, “For the first time since 213, no countries in the MSCI World Index are seeing earnings upgrades, something only seen previously around EMU/U.S. recessions. The TYD mentions of ‘slowdowns’ in company transcripts have reached the highest ever on our data to 25.” Story continues below advertisement “@SBarlow_ROB MS: “No countries in MSCI World are seeing earnings upgrades” – (research excerpt) Twitter “Stocks fall as data ring alarm bells while trade talks rumble on” – Financial Times “Goldman Sachs is warning that this year’s U.S. stock rally is about to stall” – Bloomberg Counterpoint: “Re: the dreaded "earnings recession" - be sure to read Ben’s new one on how to think about it.” Ritholtz Wealth Management *
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