Here We Go Again: Welcome To The 1970s

Why the 1970s Were The “Golden Era” For Warren Buffett And Berkshire Hathaway

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Table of Contents

• Why the 1970s Were The “Golden Era” For Warren Buf …

• Three Things You Need To Know Now:

• In Case You Missed It:

• Here We Go Again: Welcome To The 1970s

• Why the 1970s Were The “Golden Era” For Warren Buf …

• Mailbag

Three Things You Need To Know Now:

1. Home builders suffer as long-term interest rates rise. The bond market continues to revolt against the Federal Reserve, with long-term interest rates increasing following the Fed’s latest rate cut. The 30-year mortgage rates have risen from 6.1% to 6.7% since the rate cuts began in September. This is a big problem for home builders, which are being forced to cut prices to offset higher borrowing costs. Home-building stocks as a group are down 17% from their recent highs.