Warren Buffett Sends Investors a $177 Billion Warning -- History Says the Stock Market Will Do This Next

Berkshire Hathaway has been selling stocks and accumulating cash, a clear sign that Warren Buffett is worried about elevated valuations.The S&P 500 (^GSPC -0.50%) crashed when President Trump announced sweeping tariffs in April. But the index has since rebounded 33% from its low and is currently on the verge of delivering a positive return for the fifth consecutive month.The economy has been more resilient than investors initially feared, and S&P 500 earnings were better than expected in the first and secon ...