The CEO's outspoken views on U.S. public policy have spurred talk he could enter politics.
Munger also said that he wished cryptocurrencies didn't exist and praised China for taking action to ban their use.
Morgan Stanley's Mike Wilson says rising bond yields are being overlooked.
Total money creation could exceed $15 trillion or more by the middle of next year.
The firm's analyst detail how the pandemic has changed consumer behavior.
The Financial stimulus measures taken by American authorities has this manager favoring U.S. equities.
Financial distress will likely continue to increase, leading to more defaults and downgrades.
Lower sovereign-bond yields will also make it hard to offset equity losses with bonds, the firm said.
Several analysts believe the rally in Treasurys is overdone.
The trillion dollar fund manager said Chinese shares are trading at a discount.
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