Markets

A top JPMorgan advisor is advising her clients to cut their exposure to stocks and hold more cash to weather Washington’s gridlock on stimulus

JPMorgan adviser Colleen O’Callaghan told CNBC’s “Trading Nation” Thursday that she is telling her clients to reduce their exposure to equities and hold more cash due to the fiscal stimulus gridlock in Washington. O’Callaghan, who advises high-net worth customers said: “We really need to see that stimulus package. If we […]
A top JPMorgan advisor is advising her clients to cut their exposure to stocks and hold more cash to weather Washington’s gridlock on stimulus
Markets

Warren Buffett’s $113 billion Apple stake and $147 billion cash pile now account for over half of Berkshire Hathaway’s entire market value

Warren Buffett’s Berkshire Hathaway has Apple shares and cash worth 52% of its entire market capitalisation. The billionaire investor’s company owned $US113 billion in Apple stock and $US147 billion in cash at the last count, representing more than half of its $US499 billion market cap. Berkshire’s market value suggests the […]
Warren Buffett’s $113 billion Apple stake and $147 billion cash pile now account for over half of Berkshire Hathaway’s entire market value
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