Warren Buffett Remains Unfazed by Fitch's U.S. Downgrade

TL;DR Summary
Warren Buffett dismisses concerns over Fitch's U.S. credit rating downgrade, stating that it doesn't affect Berkshire Hathaway's current activities. Despite acknowledging valid concerns about fiscal deterioration and growing debt, Buffett remains confident in U.S. Treasurys and the dollar, emphasizing the dollar's status as the world's reserve currency.
Topics:business#berkshire-hathaway#finance#fitch#us-credit-rating-downgrade#us-treasurys#warren-buffett
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 1 min read
Condensed
76%
198 → 47 words
Want the full story? Read the original article
Read on CNBC