US dollar index easing to 102.8 has boosted multinational revenues in Q At the same time, Berkshire's chief understands that downturns are short-lived. Since World War II ended 80 years ago, all 12 U.S. recessions have resolved in two to 18 months. In comparison, there have been two periods of economic growth that surpassed 10 years. The U.S. economy spends considerably more time expanding than contracting, which is why, even if he's not buying much because of premium stock valuations, Buffett won't bet against America. The presence of lifetime income could reinforce sound retirement-investing principles. Tech IPOs are accelerating in Q2 2024, with two mega-deals oversubscribed. Yet, prudent investing principles call for due diligence on profitability and lock-up expirations.
