Warren Buffett, "We have had no bounce" in the economy

By on June 24, 2009

Warren Buffett was interviewed on CNBC, and while he didn’t see major improvement in the world economy, he was not fearful of deflation sending it into a continued slide. He reiterated the economy is still in a “shambles,” as he had stated in February of this year.

Buffett still believes the stock market is attractively priced versus the alternatives. He also expressed confidence in the abilities of Fed chairman Ben Bernanke.

Source:

http://finance.yahoo.com/news/Buffett-laments-that-US-rb-1821861006.html?x=0&sec=topStories&pos=5&asset=&ccode

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