Buffett Will Beat the Market as Recession Looms, Investors Say
Risk of a recession in the US and prospects of another Fed rate increase push investors to buy defensive stocks and follow the 92-year-old billionaire.
Investors are looking for ways to beat a looming US recession, and are turning to defensive stocks, value investing and the master of picking through rough patches: Warren Buffett.
Finance professionals and retail investors reckon that Berkshire Hathaway Inc.'s shares will will outperform the US market, according to the latest Markets Live Pulse survey.