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Marie P Cox
@marie-cox
The event of Buffett selling Apple may have a greater impact on the market than the unemployment rate rising to 4.3%. This event was exposed when the financial report was released early Saturday morning. The sale should have been completed before the end of June, possibly through OTC or Apple's repurchase. Decision-making may have started in May. In June, the Federal Reserve reduced its interest-rate cut expectations, indicating a strong economy at that time. Buffett may have foreseen the economic downturn ahead of time, hence the sale of Apple. The June interest-rate meeting was not the reason for the sale, could it be related to Apple's financial report in April or May?
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