🚨Berkshire Hathaway has NEVER held so much cash before:
Berkshire's cash hoard jumped to a record $397 BILLION in Q1 2026.
Cash, cash equivalents, and US Treasury bills have nearly QUADRUPLED since 2022.
Meanwhile, the company's total assets rose to $1.25 TRILLION.
This means cash as a % of total assets is now at a record 32%, surpassing the 2005 peak of 25%, 2 years before the Great Financial Crisis.
Meanwhile, Warren Buffett warned at the 2026 Berkshire annual meeting that the US has never had more investors in a "gambling mood," comparing today's market to "a church with a casino attached," while adding that investing is not terrible, but prices for many things will look "awfully silly."
When the world's greatest investor is hoarding so much cash, you should probably pay attention.
⚠️The US bond market is flashing a major WARNING signal:
The 30-year US Treasury yield surged to 5.00% for the first time since July before pulling back to 4.98%, a level investors view as a critical "line in the sand".
At 5%, bond yields become attractive enough to pull capital away from equities, while simultaneously raising borrowing costs for mortgages, corporate loans, and government debt.
This level has been breached twice before, in 2023 and 2025, but failed to hold for more than a few trading sessions each time.
On all 4 previous occasions over the last 3 years when the 30-year yield approached or exceeded 5%, the S&P 500 saw a pullback each time.
A sustained break above 5%, or an eclipse of the 2023 peak of 5.17%, would push yields into a trading range not seen in nearly 2 DECADES.
This comes as the Iran war has driven oil prices above $105 per barrel, fueling inflation expectations and reducing the likelihood of rate cuts that markets had fully priced in before the war began.
The world's largest bond market is now impossible to ignore.
‼️Japanese government bond yields are SURGING to multi-decade highs:
The 10-year JGB yield rose to 2.52%, the highest since in 29 YEARS.
At the same time, the 30-year JGB yield surged to 3.75%, trading near all-time highs since the bond was introduced in 1999.
This comes as longer-term yields are rising globally in tandem with surging oil prices, as governments and companies continue to show a willingness to keep spending despite elevated inflation.
This is not just a Japan story, as the UK 10-year Gilt yield also surged to 5% for the first time since 2008, while the US 30-year Treasury yield reached 5% for the first time this year, all signaling rising global inflation fears.
Japan's debt-to-GDP ratio stands at over 220%, the highest among developed economies, meaning surging yields directly translate into a rapidly rising cost of servicing that debt.
Meanwhile, the BoJ has been reducing its JGB holdings as part of its ongoing quantitative tightening (QT), removing a key buyer that previously suppressed yields for years.
Watch global bond markets because equities will notice that trend soon.
🚨 #BREAKING
CHINA’S REAL ESTATE MARKET JUST CRASHED TO A 20-YEAR LOW, LOSING A 1/4 OF ITS VALUE.
SOMETHING EXTREMELY BAD IS HAPPENING IN REAL ESTATE
NEXT IN LINE IS DUBAI🔜
It only takes one person to change a family tree.
One person to think differently about money.
One person to buy or build a business.
One person to create a plan — and stick to it.
It doesn’t happen by accident.
It happens when you decide to be the one.
Be that person.
The Current Economic Conditions Index is the worst it’s ever been in 75 years 😳
This UMich Index measures how U.S. households perceive their present financial situation and the economy
Trading breaks traders.
Year 1:
Happiness after wins.
Depression after losses.
Year 5+:
Nothing after wins.
Nothing after losses.
Successful trading takes away all emotions.
Except boredom.
The plot thickens:
On Friday, at 8:24 AM ET, there was a sudden surge in buying volume in S&P 500 futures as $325 million worth of longs were purchased.
This is the same exact timestamp that $760 million worth of oil shorts were taken.
Just 21 minutes later, Iran's Foreign Minister Araghchi said the "Strait of Hormuz is declared completely open."
By 12:45 PM ET, S&P 500 futures had surged to a new record high with this $325 million trade profiting +$50 million in 4 hours.
That's +$50 million over the same exact timeline as oil traders made +$70 million on shorts.
What is happening here?
BREAKING: The market-implied odds of the US entering a recession by the end of 2026 have declined to 28%.
Interest rate cuts are now expected to be paused through September 2027.