Category: Finance News

Markets largely expect that the Fed has stopped raising rates and will start cutting in 2024.

Munger was instrumental in directing Buffett into buying strong-brand quality companies and staying away from dirt-cheap names that he called “cigar butts.”

The journey to Munger and Buffett’s unparalleled success was full of learning, experience and laughter, but never an argument.

The acceleration topped the initial 4.9% reading and was better than the 5% Dow Jones forecast.

These are the stocks posting the largest moves in premarket trading.

Central banks having hiked interest rates at breakneck speed and those rates are set to stay higher for longer while the lagged effects set in.

The market is getting ahead of the likely pace of U.S. interest rate cuts, according to IBM Vice Chairman Gary Cohn.

The move would end one of the highest-profile partnerships between giants in the tech and banking sectors.

Munger told Buffett, “he should write his obituary the way he wants it written, and then live his life accordingly,” CNBC’s Becky Quick said.

Charlie Munger was a shrewd investment genius in his own right, passing on rich investing wisdom for generations of investors to learn from.