US billionaires sell $11 billion in stock. Is a financial disaster looming?

US billionaires sell $11 billion in stock. Is a financial disaster looming?

American billionaires are selling stocks and not in small numbers at all. So what has happened in the past few days? Apollo Global Management’s Leon Black enacted his first-ever sale after 34 years shedding $172.8 million in his equity firm. Walmart’s Walton family sold $1.5billion in a week. In final two months of 2023, Mark … Read more