This is so predictable, it’s ridiculous, and apparently, the market is not fooled this time round. It was announced on the major media networks that Warren Buffet was ‘investing’ $5 Billion in Bank of America.
Such was the claim on CNBS just a few minutes ago.
Anyone care to argue with the tape?
Buffett sticksaves during the 2008 time period used to last a day or two.
This one lasted less than 30 minutes.