Buffett Refutes Trump's False Claims on Market Support

Warren Buffett publicly denied recent claims by President Donald Trump that he endorsed the president's economic policies and alleged market manipulation. After Trump shared a video on Truth Social suggesting that Buffett praised his economic decisions while intentionally crashing the stock market, Buffett's company, Berkshire Hathaway, quickly issued a statement refuting these assertions as false. Buffett clarified that he would not be commenting on the economy or market conditions until Berkshire Hathaway's annual meeting on May 3. The misinformation exemplifies the rapid spread of unverified claims on social media, with Trump's promotion reflecting his typical narrative-shaping approach. The video, which falsely attributes comments to Buffett, has been widely circulated, prompting Berkshire Hathaway to act swiftly to counter the misleading narrative. Buffett's refusal to engage in political commentary underlines his cautious approach amidst the current market turmoil.