Berkshire Hathaway's holdings of short-term US Treasury bonds have reached $234.6 billion, even surpassing the Federal Reserve, which is once again seen by market participants as a reason for concern about the US economic recession, as the "stock god" has said in the past that he would purchase short-term Treasury bonds during economic crises. In contrast, the Federal Reserve also holds only US $1953 billion of short-term treasury bonds and US $4.4 trillion of treasury bond, including long-term treasury bond, short-term bills and inflation linked securities. Before the global stock market suffered a "battle royale" this week, Buffett significantly reduced his holdings in many US stocks, including Apple, last quarter, selling for seven consecutive quarters and accelerating his selling in the second quarter, selling a total of $75 billion worth of stocks.