WARREN BUFFETT'S BERKSHIRE HATHAWAY JUST FILED A 13F UPDATING HIS PORTFOLIO FOR Q1'25.
Adds: $POOL, $STZ, $DPZ, $OXY, $SIRI, $VRSN Exits: $NU, $C Reductions: $CHTR, $DVA, $COF, $BAC, $TMUS, $FWONK HERE’S A LOOK AT ALL HIS HOLDINGS: Source: Wall St Engine on X
JUST IN 🚨: Japan's 40-year bond yield just jumped to 3.47%, its highest level in 2 decades
Source: Barchart
Japan’s economy shrank for 1st time in a year, highlighting how fragile it is—even before feeling full effects of Trump’s tariffs.
Japan’s inflation-adj GDP fell by 0.7% in Q1 annually. That’s worse than economists expected—they had predicted a smaller decline of 0.3%. Source: Bloomberg, HolgerZ
$MRNA Moderna falls to its lowest closing price since the onset of Covid
Shares down more than 95% since the 2021 all-time high - absolute collapse Source: Barchart
📢 MICHAEL BURRY HAS SOLD EVERY SINGLE STOCK HE OWNED.
HE DID START A NEW POSITION IN ESTEE LAUDER THATS HIS ONLY CURRENT POSITION 😨 Michael Burry didn’t just trim his longs. He loaded up on PUTS. 🔴 He’s betting against: • $NVDA (900k shares) • $BABA, $PDD, $JD, $BIDU (China) • $TCOM ‼️ Nearly 50% of his portfolio is a short on $NVDA alone. The Big Bear is back🐻 Source: GURGAVIN on X, Michael Burry Stock Tracker
In case you missed it
US Core PPI fell to 2.4%, lower than expectations 👀It is the lowest MoM print since April 2020 lockdowns Here are the PPI details 🥶🥶🥶 PPI MoM: -0.5% vs 0.2% exp. PPI YoY: 2.4% vs 2.5% exp. PPI Core YoY: 3.1% vs 3.1% exp. Source: Mike Zaccardi, CFA, CMT 🍖
During a huge risk-on advance, US High yield spreads have tightened 152 bps since April 7.
With spreads now at 309 bps above Treasuries, credit market investors are back to pricing in a very optimistic outlook with no recession and few defaults. Source: Charlie Bilello, Y Charts
A clean multi decade breakout?
Source: The Long View, @HayekAndKeynes
