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Buffett Backs New CEO Greg Abel With ‘Huge Endorsement’ In CNBC Interview

by The Wealth Advisor Contributor
Warren Buffett told CNBC’s  Becky Quick he would rather have new Berkshire Hathaway CEO Greg Abel handle his money.

Featured

Venezuela Bond Investors Bet on More Gains After Maduro Capture

Venezuelan bonds poised to gain after capture of Maduro setting stage for potential regime change. Investors in $60B worth securities been betting on.

Fed's Paulson Signals Another Rate Cut Could Take a While

Federal Reserve Bank of Philadelphia President Anna Paulson said that further central bank rate cuts could be some way off.

The AI Gravy Train For Power Stocks Is Over. Investors Will Now Focus On Who’s Getting Paid, Strategist Says.

With the easy money having been made this year on power and electricity companies linked to AI, investors will need a more selective strategy in 2026.

Recent

Economy

One Key Reason a Slowing Economy Isn't Shaking Stock Market Bulls

Last week, fears over the US economy slowing more than initially thought took center focus as the major indexes experienced the worst single-day drop.

Economy

Recession Back on Radar - Sharp Downward Revisions to Previous Months' Employment Data Portends Risks

Recession risks climbing back onto radar of professional forecasters and for good reason. Data is pushing economists to reassess near-term outlook.

FundFocus

Why Bonds Are No Longer a ‘Safe Haven’—And What RIAs Should Do About It

Fixed income has historically served as portfolio ballast—providing stability, predictable income, and downside protection during equity drawdowns.

News

Former Fidelity Advisor Faces Federal Charges After Allegedly Defrauding Client of $2 Million

Wealth advisors should take note of a cautionary tale emerging from Florida that underscores the importance of compliance oversight and ethics.

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FundFocus

Wharton's Jeremy Siegel Flags Three Near-Term Bumps For 2026 But Maintains Positive Outlook: Report

Companies

Warren Buffett Is Retiring — Here's What His Favorite Indicator Reveals About The Stock Market

The Trust Advisor

Late Billionaire Tax Cheat Robert Brockman’s Heirs Agree To Pay $750M To IRS In Epic Fraud Case

FundFocus

Every Wall Street Analyst Now Predicts A Stock Rally In 2026

News

Trump 2.0, Stocks Soar Again, Gold Hits Records, AI Boom Rolls On — Yahoo Finance's 2025 Year In Review

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