""I am pleased to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East... I have instructed the Department of War to postpone any and all military strikes against Iranian power plants and energy infrastructure for a five-day period, subject to the success of the ongoing meetings and discussions.""
""Markets are resilient. They've come back from far worse. If you panic, you sell. And if you sell, you miss the potential for the recovery rally. We have to remember that markets are resilient and eventually recover, as they have historically.""
""Warren Buffett has always advised investors to have a long-term outlook because short-term volatility is typical. Better, just as we noted above, even the most painful recessions are temporary.""
The S&P 500 rose by 2.2%, the Dow increased by 2.3%, and the Nasdaq gained 2.17% following President Trump's announcement of productive talks with Iran. Trump stated he would pause military strikes on Iranian infrastructure for five days, contingent on ongoing discussions. However, conflicting reports from Iran's FARS news agency indicated no contact with Trump. Amidst this volatility, Warren Buffett's advice emphasizes staying calm, maintaining a long-term investment outlook, and not delaying investments despite market fluctuations.
Read at 24/7 Wall St.
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