President Trump's tariffs caused market drop, but Berkshire Hathaway is a safe investment option.
From Yahoo Finance: 2025-04-06 17:25:00
President Donald Trump’s broad-based tariffs caused the stock market to plunge, with the Dow Jones falling nearly 1,680 points. The tariffs are so heavy that they could lead to a 10% contraction in U.S. GDP, potentially impacting household incomes and corporate earnings. Amid this uncertainty, investing in Berkshire Hathaway, led by Warren Buffett, is seen as a safe bet. Berkshire has a strong cash position, diverse revenue streams, and a history of outperforming the market. With an experienced management team and a solid track record, Berkshire remains a stable investment option during turbulent times.
Read more at Yahoo Finance: After President Donald Trump’s Sweeping Tariffs, This Is the Safest Stock to Buy — and There’s No Comparison