Berkshire Hathaway (BRK.A): Q3 net income of $3.24B vs. $1.06B last year. Operating income $2.06B vs. $2.07B last year. Book value +10.1% from Q2 to $81,247/share. Derivative gain of $1.13B vs. -$819M last year. Was required to post $50M of collateral vs. $650M in Q2; could be required to post another $1.1B if its credit ratings are downgraded. (PR, 10-Q)
InTheMoneyStocks.com: The Dollar has fallen since the opening bell giving support to the markets.Its still all about the dollar regardless of the news in Dubai.
3 minutes ago
Archman Investor: G&D: What concerns me is that a tiny 60-90B causes markets around the world to buckle. Behind the scenes is much worse than the MSM lets on.
20 minutes ago
djn21: I think too many are on the same side of the short-dollar, long-equity trade. I like UUP here, with stop loss a bit under $20.
21 minutes ago
djn21: Dollar at 2008 lows. Equity markets have rallied, of global economic recovery. Yet oil is stuck under $80. Something must give.