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Buffett Predicts Earnings Decline at Berkshire Units

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Warren Buffett seems to be cautious about what lies ahead. The billionaire investor expects earnings at the majority of Berkshire Hathaway Inc.’s operations to fall as economic activity may slow down. Su Keenan reports on Bloomberg Television.

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13 Comments

13 Comments

  1. @AuditorJanLightfeather

    December 15, 2023 at 5:36 pm

    Energy falling 46%, wow

  2. @jakechen368

    December 15, 2023 at 5:36 pm

    Translation, we're in for one hell of a recession by the end of the year. This will be further compounded by technological advances throughout the board.

  3. @benf4570

    December 15, 2023 at 5:36 pm

    The big tech companies already had 3 or 4 earnings misses I think buffet is wrong here. Not sure why hes a doomer now. The fed is pausing hikes banks are failing and were already in recession. Inflation has come down from 9% this is just more fear porn.

  4. @illegalsmirf

    December 15, 2023 at 5:36 pm

    Did the old codger shit his pants? Did nurse clean him up and give him a bib for his dribbles?

  5. @diamandidimitrov8643

    December 15, 2023 at 5:36 pm

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  6. @bdubb5390

    December 15, 2023 at 5:36 pm

    It's over. When "they" start saying this. It hasn't been good for a while. Yikes.

  7. @LivingWithGout

    December 15, 2023 at 5:36 pm

    When you shrink a 9 trilllion dollar portfolio, the entire economy will sure to slow down.

  8. @ssuwandi3240

    December 15, 2023 at 5:36 pm

    The Neocon that says nothing on Industry 4.0. What a shocker.

  9. @lesliehatun2044

    December 15, 2023 at 5:36 pm

    Jump into a Telsa Space Rocket. Go 2.0 light years ahead in space. Money is like this. Watch. Buffett is worried and says, losses pending. OK, no big deal because 2.0 less .01 is no big deal for Buffett. He's got so much MONEY and Worth that such a small loss is nothing compared to his 2.2 light years ahead because of the pandemic an he profited greatly and now it's TiME to give LOWER prices. Buffett Head has some many generations of wealth it just makes the average shake their heads because the Average Joe loses much more than Buffett.

  10. @susannnico

    December 15, 2023 at 5:36 pm

    Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life

  11. @georgekazanchyan4976

    December 15, 2023 at 5:36 pm

    Good times will slow down. But it will pick up again end of next year.

  12. @freshtapcoke

    December 15, 2023 at 5:36 pm

    Hi mom!

  13. @socialanarchy081

    December 15, 2023 at 5:36 pm

    The Fall of the Billionaire, and The Resurrection of American Socialism.

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China Reaches Deal with EU on Hybrid Car Shipments

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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – The China Show opens
00:03:15 – EU moves to cap Chinese hybrid car imports
00:09:08 – Oil prices in focus after deadly attacks in Saudi Arabia
00:12:20 – NUS’ Jean-Loup Samaan on the Middle East conflict
00:26:16 – Templeton Global Investments’ Yi Ping Liao on Chinese stocks
00:38:57 – CJP renews push for India’s top election official to resign
00:47:15 – Hong Kong outperforms peers as tech stocks struggle
00:50:24 – Oil markets weigh developments in Saudi Arabia and Ukraine
00:55:08 – Citi’s Stephanie von Friedeburg on financing challenges facing governments
01:02:24 – Exclusive: Tokyo Governor Yuriko Koike outlines her key priorities
01:10:00 – Pakistan’s finance minister on the economy
01:23:35 – Travel curtailed in Saudi Arabia following airport attack
01:28:24 – New Delhi tightens security amid tensions over India’s top election official
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China’s Trade Surplus Nears $1T as Exports Surge

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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – The China Show opens
00:08:33 – HK regulators investigate Baicha over IPO rigging concerns
00:13:12 – CBOE’s Wei Liao on market breadth in Asia
00:23:01 – Bear market risks rise for China as policy hopes wane
00:28:28 – Bank of Thailand’s Piti Disyatat on monetary policy space
00:37:15 – Breaking: China’s September PPI hits 5% for the first time since 2022
00:38:38 – HSBC’s Surendra Rosha on expansion in India
00:47:35 – Foreign investor exodus adds pressure to Asian equities
00:52:48 – Why India is lagging China in manufacturing
01:00:11 – Belgian central bank’s Pierre Wunsch on the need for more rate hikes
01:06:55 – Exclusive: Indian Finance Minister Nirmala Sitharaman on combating capital flight
01:12:52 – Asia Society’s Kevin Rudd on US-China relations
01:24:49 – Barclays’ Pramod Kumar on India’s wealth market
01:31:41 – Mubadala’s Waleed Al Muhairi on the attractiveness of Asian equities
01:34:10 – Breaking: China releases September trade data
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Phenomenal Time To Be Investor, Not Consumer: Amoroso

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Anastasia Amoroso, chief investment strategist with Partners Group, joins Scarlet Fu and Tom Keene on “Bloomberg Money.” They discuss the bullish sentiment in the stock market, the potential for volatility in the near future, and rising global yields.
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Meta Rallies as New Muse Wonder Model Heats up AI Race | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Hema Parmar, Carol Massar and Tim Stenovec.
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Putin Praises Kim for Ukraine War Support, UK Inflation in Focus | Daybreak: Europe 06/19/2024

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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins. On today’s show with Joumanna Bercetche, we discussed comments from Fed officials on the rate path ahead, Russian President Vladimir Putin’s trip to North Korea and heard exclusively from Jim Ratcliffe, INEOS Chairman, Founder and UK’s second richest person

00:00:00 Daybreak Europe
00:07:27 Nvidia now world’s largest company
00:11:09 Putin praises Kim for Ukraine war support
00:15:38 Ramaphosa set to be inaugurated in South Africa
00:19:45 Boeing CEO blasted in senate hearing
00:27:02 UK CPI in focus
00:30:35 UK Labour to tax private school fees
00:33:08 Manchester United co-owner Jim Ratcliffe gives verdict on UK election
00:42:22 US White House cancels Israel meeting on Iran: Axios
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