U.S. markets have continued to slump as the U.S. and China disagree over the origins of coronavirus and after investment guru Warren Buffett’s Berkshire Hathaway sold off its airline stocks. James Ragan, Director of Wealth Management Research for D.A. Davidson, said the Berkshire Hathaway decision could be an indicator of the potential long, slow nature of an economic recovery. Ragan’s comments can be found in “S&P 500, Dow dip as Buffett dumps airlines, China tensions flare,” a Reuters news article written by Shreyashi Sanyal and Medha Singh.
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