According to Jinshi Data, Musk said that 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. Musk also pointed out that the Federal Reserve needs to cut interest rates and it would be stupid for them not to do so.
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Musk comments on Buffett's increase in cash reserves and calls for the Fed to cut interest rates
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