Berkshire used $6.9 billion to buy back shares in the fourth quarter, bringing the total in share repurchases to a record $27 billion for 2021.
Archiv für den Monat: Februar 2022
Berkshire’s operating earnings surge as Buffett repurchases record $27 billion in stock during 2021
Berkshire used $6.9 billion to buy back shares in the fourth quarter, bringing the total in share repurchases to a record $27 billion for 2021.
Warren Buffett in annual letter calls Apple one of ‚Four Giants‘ driving Berkshire Hathaway’s value
In his annual letter to Berkshire shareholders on Saturday, Buffett called Tim Cook’s Apple his „runner-up Giant“ next to the cluster of insurers.
S&P 500 Forecast for the Week Ahead
Remarkable reversal sees the S&P 500 post minor gains for the week. Geopolitics remains the key driver.
US Dollar Outlook: DXY, EUR/USD, GBP/USD Key Technical Levels
The US Dollar has maintained a bullish narrative as the war between Ukraine and Russia boosts demand for the safe-haven currency as key technical levels come into play
Weekly Fundamental Gold Price Forecast: World War 3 or Bust
Unless NATO is drawn into the Russia-Ukraine conflict, there’s good reason to believe that gold prices have hit their high for 2022.
Crude Oil Prices Scratch $100 as Ukraine Crisis Deepens Supply Concerns
Crude oil prices extended higher after Russia launched an attack on Ukraine, raising concerns about supply constraints in an already tight market. Iran nuclear talks and US release of strategic res…
Euro Forecast: Tough Times Ahead for ECB as Stagflation Talk Creeps In
The Euro continues to remain under pressure as the Russian invasion escalates. EUR/USD is likely to move lower while the ECB has some hard decisions to make.
EU, US & allies have agreed to cut off a number of Russian banks from Swift
A number of Russian banks have been removed from SWIFT:
The banks affected are „all those already sanctioned by the international community, as well as other institutions, if necessary“
Assets of the Bank of Russia (Russia’s central bank) will also be frozen.
A joint statement after agreemen
More on the potential removal of Russia from SWIFT
For some background to this: Momentum grows to remove Russia from SWIFT An unnamed member of the European Central Bank Governing Council cited by Reuters says a decision to remove Russia is coming: „SWIFT is just a matter of time, very short time, days,“ the central bank governor, who a