NEW YORK (MarketWatch) — Billionaire Warren Buffett believes the federal
deficit should be stabilized in relation to U.S. economic growth, but
that the nation’s $16.4 trillion in red ink is not trouble in and of
itself.
“It is not a good thing to have it going up in relation to GDP, that
should be stabilized, but the debt itself is not a problem,” the CEO of
Berkshire Hathaway
said in an interview broadcast Sunday on the CBS “Sunday Morning” news show.
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If Warren Buffett is not worried, so shouldn't we. I agreed that US economy is going better and should improve. We just need to wait for unemployment rate to decrease, and inflation and rising of interest rate will start to kick in.
Hence the Bull market should live on this year... just be careful of short term correction
Rgds
Daniel
