He anticipates lousy returns on stocks for years to come and has been buying U.S. Treasuries on the expectation that yields will keep dropping.
In a very special deal, Berkshire bought into the bank at a discount and sold at a premium, a move that only the Oracle of Omaha could make.
While warning against unnerving markets, analysts also acknowledged that Powell is unlikely to win any popularity contests among traders right now.
Forget the domestic response to last week's rate hike. Reaction from emerging markets investors like Kyle Bass at Hayman Capital was much, much worse.