Fear Is Driving the Stock Market Right Now. Warren Buffett Has 6 Encouraging Words for Moments Like This.
If a bear market is coming, Warren Buffett has reassuring news for investors.
Overview
The stock market has been on red alert this week, as the 10-Year Treasury yield surpassed the critical 5% threshold -- its highest level since 2007, just ahead of the onset of the Great Recession.
Major market indexes are feeling the heat, too. The S&P 500 (SNPINDEX: ^GSPC), Dow Jones Industrial Average (DJINDICES: ^DJI), and Nasdaq Composite (NASDAQINDEX: ^IXIC) have all stumbled over the last month, and between record-high oil prices, stubborn inflation, and AI doomsday woes, stocks have their work cut out for them.
Details
Fortunately, despite all of the stomach-churning headlines lately, investors can always count on Warren Buffett to deliver some reassuring news.
Source
Originally published at www.fool.com.