Here’s the Real Reason Warren Buffett is Sitting On a Record $128 Billion in Cash, According to One Strategist

by Shawn Langlois
Market Watch

Warren Buffett, ever the beacon of market optimism, appears to be positively bullish about where stocks are headed from here.

The Berkshire Hathaway boss made that clear in his annual letter to shareholders in which he wrote of the “American Tailwind” and made the case for staying invested in stocks.

“If something close to current rates should prevail over the coming decades and if corporate tax rates also remain near the low level businesses now enjoy, it is almost certain that equities will over time perform far better than long-term, fixed-rate debt instruments,” Buffett said in the letter.

Continue Reading at…