Arab Today, arab today us billionaire warren buffett optimistic on stocks
Last Updated : GMT 10:35:06
Arab Today, arab today
Arab Today, arab today

US billionaire Warren Buffett optimistic on stocks

Arab Today, arab today

Arab Today, arab today US billionaire Warren Buffett optimistic on stocks

Washington - AFP

Billionaire Warren Buffett is praising the policies of both President Barack Obama and his predecessor George W. Bush for moving the US economy in the right direction. US stocks soared to new closing records Friday after a strong US jobs report that saw unemployment fall to 7.5 percent revived confidence in the economic recovery. The 82-year-old investor known as the \"Oracle of Omaha\" said he was optimistic that stock prices would continue to rise. \"They don\'t look overpriced. They certainly look more attractive than fixed-income investments to me,\" he told ABC\'s \"This Week\" television talkshow in an interview that aired Sunday. Buffett said the economy has been improving gradually over the last four years, and it will take time before the US experiences more rapid growth. But he praised the monetary and fiscal stimulus measures enacted under Bush and Obama. \"We\'ve had a lot of fiscal stimulus. We\'ve had an extraordinary amount of monetary stimulus. And I think those were the right things to be doing considering the incredible situation that existed in 2008,\" he said. \"Nothing is perfect, but we had some huge problems in 2008. And our country is doing reasonably well coming out of that. \"It\'s a lot slower than people would like, but it was a lot bigger problem than any of us had ever seen.\" Buffett added: \"I generally approve of what... the Bush administration did. I approve of what the Obama administration has done.\" But he also criticized the political discourse in Washington for becoming \"more and more partisan.\" \"So many elections are determined by the primaries and not the November elections, that it does tend to push both sides to the extremes and to cause them to dig in and feel that they can\'t bend from positions,\" Buffett said. The chief executive of Berkshire Hathaway, a holding company of about 70 businesses, also spoke in favor of immigration reform that would offer foreign students the chance to become citizens. He said the US would benefit by making structural changes to ensure women are not relegated to a small sector of the economy. The US Labor Department report found that the US economy added 165,000 jobs in April, well above market expectations, and also revised upward estimates from the previous two months. The gains came even as taxes rose and government spending tightened under the sharp \"sequester\" cuts, which still threaten to hold economic growth back this year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us billionaire warren buffett optimistic on stocks Arab Today, arab today us billionaire warren buffett optimistic on stocks

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us billionaire warren buffett optimistic on stocks Arab Today, arab today us billionaire warren buffett optimistic on stocks

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today US travel restrictions are still 'Muslim ban'

GMT 00:54 2017 Tuesday ,26 September

US travel restrictions are still 'Muslim ban'
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel builds settlements 'at high rate'

GMT 01:04 2017 Tuesday ,26 September

Israel builds settlements 'at high rate'
Arab Today, arab today Saudi clerics use Twitter, textbooks

GMT 10:13 2017 Tuesday ,26 September

Saudi clerics use Twitter, textbooks
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Personality study finds fish have hidden depths

GMT 00:43 2017 Tuesday ,26 September

Personality study finds fish have hidden depths
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Botanical gardens a lifeboat

GMT 02:50 2017 Tuesday ,26 September

Botanical gardens a lifeboat
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Mai Kassab happy for participating in new film

GMT 09:33 2017 Friday ,22 September

Mai Kassab happy for participating in new film
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 16:08 2017 Monday ,25 September

'World's heaviest woman' dies

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday