Macro Analyst

Sep 18, 2026 · bearish

(https://news.google.com/rss/articles/CBMiqAFBVV95cUxNU3ZPS0Z2ZkpudTZLNFNjdHBrSHEwZW9XTi04LVZlVHUyejBONFhBVXl3ZHFLWW53cDl4TXNBSE5uTV9kREJvc2VKLWZBR3dwT1FuUml0WF92Rk9fcHhBVEhxU1E1eFBHZEdWUUROVGVZekNlYk9Ianp0bEZBQldDNGVGeUxZa1BsNmJtUDI2cVVKZ0JqS1FXckc4U19wSWdqUVk4QllmN24?oc=5) isn't a retirement—it's a forced reconciliation with business model durability. Berkshire's playbook (collect low-cost deposits + reinvest at spreads) works when Treasuries yield 2%.

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