Investors that tuned in to the Berkshire Hathaway (BRK.A)(BRK.B) annual shareholders meeting this weekend were probably not encouraged by what they heard. Not only was Warren Buffett selling all his airline stocks during this crisis, he has increased his overall cash position. The buyer of last resort has not stepped in. Some of that is related to the quick actions of the Federal Reserve and Jerome Powell's broad based buying.
The news that Gilead Sciences (GILD) antiviral medication Remdesivir showed promising results and was granted emergency authorization by the FDA is a big