According to TechFlow, Buffett increased his cash reserves to $277 billion in the second quarter, saying that Buffett obviously expected some form of market correction, or simply believed that there was no better investment than U.S. Treasuries. The Fed needs to cut interest rates, and it would be stupid for them not to do so.
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Musk comments on Buffett holding $277 billion in cash: The Fed needs to cut interest rates
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