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Apple is a hedge against inflation, according to Warren Buffet.
When it was clear that consumer prices were starting to pick up, the billionaire investor said that Apple was a sure thing because its customers wouldn’t be fazed if they were asked to pay more.
He put his money where he said he would.
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A day after President Joe Biden told reporters that “everybody” should be worried about the new global outbreak of the monkeypox virus, shares of drug companies that make monkeypox vaccines were rising in early trading.
The scale of the threat posed by the new cases of monkeypox is unknown, and while public-health authorities are monitoring the situation closely, the outbreak still consists of fewer than a hundred cases.
some…