Berkshire loss will lead to 10% fall in S&P500 earnings
#1

BRK have to mark to market it's investment losses for brutal Sep 2022.

It's like a negative feedback loop. Stock fall translate to lower earnings for s&p which pulls down s&p.


https://markets.businessinsider.com/news...ps-2022-10

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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