Weekend focus turns to Buffett's fiscal warning, consumer confidence and federal policy

U.S. markets were closed, leaving QQQ and SPY unchanged at Friday's regular close. Berkshire Hathaway's annual letter paired a commitment to keep equity holdings above cash with Buffett's warning that fiscal folly could erode paper-currency value. Gallup's U.S. Economic Confidence Index held at -19 amid tariff and inflation concerns. Musk's directive to federal employees and Trump's call for U.S. access to Ukrainian rare earths and oil added policy and resource-security developments.