Invstr Crunch

The Buffett Indicator

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Today, Charlie discusses more challenges for Lyft, why the Buffett indicator shows a crash may be coming, a challenge for Apple in China and disappointing earnings from Cisco.

Topics discussed:

  1. Lyft lost more than $200 million dollars last quarter, and although rides are up, legal challenges in California cause the company to suspend business in the state.
  • Warren Buffett’s favorite stock market crash indicator is flashing.
  • Apple may not be allowed to have China’s number 1 app on the app store which could lead to terrible consequences, and Cisco has not been able to capitalize on the pandemic the way many other tech companies have.

    • Links mentioned in this episode:

    www.invstr.com/more-falls-for-lyft?
    www.invstr.com/the-buffett-indicator

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