America's Housing Market Is Going K-Shaped — AI Millionaires Are Buying While Everyone Else Sits Out
America’s housing market is splitting along wealth lines.
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A report on August 5, 2026 shows that Representative Lloyd Doggett from Texas purchase stock in Coca-Cola (NYSE:KO), valued between $1,001 and $15,000. According to the August filing, the transaction occurred on July 1,
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America’s housing market is splitting along wealth lines.
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An official report on September 1, 2026 reveals Representative Kevin Hern's recent sale of Home Depot (NYSE:HD) stock, valued between $224,028 and $835,000. The transaction took place on August 24, 2026, as per the
Greg Abel, who took over as Berkshire Hathaway's CEO on December 31, maintains Warren Buffett's investment philosophy of concentrating assets in best ideas. As of August 28, 63% ($226 billion) of Berkshire's $360 billion portfolio is concentrated in five stocks. Tech stocks now comprise over 30% of the portfolio, driven by significant positions in Apple and Alphabet. Abel has tripled Berkshire's Alphabet position and added $17 billion in Q2. Meanwhile, Berkshire has been reducing its Bank of America stake for eight consecutive quarters due to valuation concerns.
As concerns grow about a potential AI market slowdown due to inflation, rate hikes, and geopolitical tensions, investors should consider diversifying into dividend-focused ETFs like SCHD. The Schwab U.S. Dividend Equity ETF offers exposure to 100 stable, dividend-paying stocks across multiple sectors, providing a defensive hedge against AI stock volatility while delivering steady income and historical returns of 243% over the past decade.