When Warren Buffett Talks, People Listen

Posted By on May 2, 2009

 

Hmm………Anybody out there see a rebound in these numbers.  The answer is no.  Now at some point we will start to stabilize.  We could be seeing the beginning of that now, and that’s what everyone needs to look at in my opinion, but it’s still to soon to make that assumption.  Warren Buffett said today at the Bershire AnnualShareholders Meeting that the recent drop in consumer spending and the resulting pressure on retailing, manufacturing and services industries could last “quite a long time.”
-TheStatedTruth.com
 

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