Tuesday 7 February 2012

Buffett: There is still a bad area in the U.S. economy

On CNBC, Buffett expressed the view that the U.S. economy is better. Only one area is not well up market apartments (BDS).
After the crisis period, all the companies related to BDS trades are not really recover. Buffett argued that once BDS market returns, then surely the unemployment rate is greatly reduced. This will not happen in the future be short, but then it will happen.
He advocated the encouragement of foreigners into the U.S. to stimulate housing demand.
 


Besides Buffet mentioned crisis of confidence with the EU. Investors were no longer really believe in this alliance after the fall of Greece, Italy and the upcoming no signs of stopping.
Buffet issues in the world are referring to the same failure is present in the market CKVN (BDS market freeze, are losing confidence NDT). As long ago, Marc Faber has anticipated this by saying that Bourse will not be able to point for NDT will lose confidence in all kinds of valuable papers, and the only real market return after a very long time.

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