Weekly Update | Earning Season Slowdown | May 8, 2024

As many know, earnings season allows us to diagnose current economic health. Right now, we see businesses challenged with weakness spreading.

A slowdown has been reported from many different segments of the economy. Both commodity and service-based businesses have been struggling. Service-based businesses representing travel, vacation, and experiences are seeing a challenged consumer.

As this happens, Warren Buffet’s Berkshire cash pile has hit a new all-time high. Will we see him deploy some of this cash?