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- 📈 The Most Important Letter You'll Read In 2023
📈 The Most Important Letter You'll Read In 2023
Plus: 2 FTSE 250 stocks to buy
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Good Morning!
U.S. equity futures are looking up slightly after a rocky week. The Dow Jones Industrial Average futures increased by 0.05%, S&P 500 futures went up 0.12%, and Nasdaq 100 futures rose 0.23%. And that's just the beginning! This week, we've got a ton of data and numbers coming our way that'll give us more insight on where interest rates are headed.
Over the weekend, Warren Buffett released his much-anticipated annual letter to Berkshire Hathaway shareholders. The "Oracle of Omaha" has been doing it for over six decades, so it's always an interesting read. Berkshire Hathaway reported a $22.8 billion loss, but Buffet still has faith in the American economy, even if he didn't provide any major predictions.
Keep reading for all the latest news you need to stay on top of your investing.
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Markets
Stock futures are little changed after major averages suffer biggest weekly losses of the year (4 minute read)Monday morning is looking up slightly for U.S. equity futures after a rough week for the major averages - Retail earnings are also set to make a splash this week! Dow Jones Industrial Average futures increased by 0.05%, S&P 500 futures went up 0.12%, and Nasdaq 100 futures rose 0.23%. Unfortunately, the past week saw the biggest weekly losses of the year for the major averages. The Federal Reserve's preferred inflation gauge, the personal consumption expenditures, had a bigger-than-expected increase leading to a drop in stocks and a rise in Treasury yields on Friday.
European markets climb after worst week of the year (2 minute read)European markets are off to a running start this Monday after last week's not-so-great decline. The pan-European Stoxx 600 index opened 1% up in London, and all sectors are in the green with energy stocks leading the charge at 1.6%. Commerzbank is also kicking off strong, up by 4.1% on its first day back in Germany's blue-chip DAX index. Keep an eye out for preliminary inflation prints coming from France and Spain on Tuesday, Germany on Wednesday, and Italy and the Euro zone on Thursday. Let's hope the momentum keeps going!

Investing
Warren Buffet's Shareholder Letter: Berkshire Hathaway Posts A Big Loss, Hoards Cash (6 minute read)So, over the weekend, Warren Buffett released his annual letter to Berkshire Hathaway shareholders. This has been a long-standing tradition for the 92-year-old "Oracle of Omaha" and investors from all over the world look forward to it each year. Unfortunately, the news wasn't all good as Berkshire Hathaway reported a $22.8 billion loss in 2022, yikes! But don't worry, Buffet still has faith in the American economy, even if he didn't provide any major predictions. One thing he did have to say though was that he's not a fan of overpriced share buybacks, saying shareholders often lose.
Top 5 things to watch in markets in the week ahead (5 minute read)This week, we've got a whole bunch of data and numbers coming our way that'll give us insight on where interest rates are headed. China's PMI data will also show us how their economy is doing after the Lunar New Year holidays. Keep your eyes peeled for any Fed hawkishness in the equity markets, and don't forget about more retail earnings coming up! That's the scoop to start your week, folks.
2 FTSE 250 stocks I’d buy before the next stock market boom (3 minute read)The FTSE 100 is on a high this month, but the UK-focused FTSE 250 still has a ways to go. So why not take advantage and find some second-tier recovery plays? Yahoo Finance's Paul Summers has got two recommendations: Moneysupermarket.com (LSE: MONY), a personal finance website, and Bellway (LSE: BWY), a housebuilder.

Money
Should You Be Saving or Investing in 2023? (7 minute read)This year's economic landscape is more uncertain than ever, and it might seem like prioritizing personal finance goals is a bit of a minefield. But fear not! Whether you choose to save or invest your money, it all depends on your age, your risk appetite, and your goals. Saving means putting your money away for a rainy day, while investing can help you build wealth through stocks, bonds, funds, or even crypto!
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Best of Twitter
We read through Warren Buffett's annual letter to Berkshire Hathaway shareholders, so you don't have to.
Here are our top takeaways from the Oracle of Omaha:
— 📈 Investing Journal (@InvestingJournl)
11:07 AM • Feb 27, 2023
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