The Stock Market Will Drop Sharply If History Repeats. Warren Buffett Explains Why.

The Stock Market Will Drop Sharply If History Repeats. Warren Buffett Explains Why.

Key PointsThe S&P 500 and Nasdaq Composite posted incredible gains in the last two months despite economic uncertainty surrounding the Iran conflict.Investors think inflationary pressure tied to high energy prices will force the Federal Reserve to raise interest rates in the next year.Warren Buffett says interest rates are the most important factor in valuing stocks; higher rates on government bonds usually cause stock prices to fall.10 stocks w…