Your Daily Brief For November 18th

Your Daily Brief For November 18th

3 months ago1 min

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In today’s Daily Brief, we'll look at why Warren Buffett's raising cash in Japan – and what this could mean for his portfolio.

"Warren Buffett pocketed the equivalent of $810 million in yen by selling Japanese bonds through Berkshire Hathaway. Many now expect Buffett to use that stack of yen to double down on his investments in the Land of the Rising Sun."

Key takeaways:

  • Warren Buffett just raised some serious cash in Japan, and the talk in town is that he’s keeping it in the country
  • British retail sales unexpectedly hit a two-year low, as interest rates continued to bite


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