Saturday, September 18, 2010

Warren Buffett says there will be no double dip recession

Warren Buffett says that based upon all the evidence he is seeing, a double dip recession is out of the question. Given Buffett's track record, and that he was criticized for saying the United States was about to go off a cliff long before others agreed with him, this is a big, big statement. I am definitely paying attention.

Source: Bloomberg, Sept 13 2010

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