Warren Buffett warns of ‘bleak future’ for debt investors

Financial Times/Eric Platt/2-27-2021

graphic image of a jenga colllapse and running for cover“The 90-year-old chief executive of Berkshire Hathaway told shareholders in his closely followed annual letter that it was best to eschew the fixed-income market, in which the company is itself a large player.”

USAGOLD note: Stay tuned. The bond market is experiencing technical difficulties. It appears his admonition to “never bet against America” does not extend to the bond market.

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