Warren Buffett says Berkshire professionals were astonished by economic slowdown, earnings to decline

Essential Factors

“In the general economic system, the comments we get is that, I would say, possibly the vast majority of our businesses will in fact report decrease earnings this 12 months than past 12 months,” Buffett claimed Saturday.
The 92-calendar year-old investing icon thinks that some of his administrators at Berkshire subsidiaries had been caught off guard by the swift modify in purchaser conduct, as they put the Covid-19 pandemic driving them.

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Finance

China decries U.S. action in Venezuela — even as it guards billions at stake

January 5, 2026

Key Points The U.S. attack on Venezuela puts Beijing’s local commercial interests in the spotlight. China is the top destination for Venezuela’s crude oil exports. Analysts doubted the U.S. strikes would immediately impact Beijing’s actions on Taiwan. Source

Finance

After a bruising 2025, the Fed faces another slew of challenges in the year ahead

January 3, 2026

Key Points The Federal Reserve heads into 2026 facing a slew of political and policy challenges. Crucial issues include a new chair and an economy fed by both tailwinds and headwinds. The previous year saw the Fed come under the spotlight in ways that it never had before. Still, when it comes to policy, most […]

Finance

Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025

January 2, 2026

Key Points Citadel’s flagship multistrategy Wellington fund, its largest, gained 10.2% in 2025, according to a person familiar with the firm’s returns. The firm’s tactical trading fund, which combines equities with quantitative strategies, advanced 18.6% in 2025, the person said. Source