Berkshire meeting

Warren Buffett sees a ‘red hot’ economy with creeping inflation

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Warren Buffett sees a ‘red hot’ economy with creeping inflation

By Katherine Chiglinsky Warren Buffett delivered a clear verdict Saturday on the state of the U.S. economy as it emerges from the pandemic: red hot. “It’s almost a buying frenzy,” the Berkshire Hathaway Inc. chief executive officer said during the conglomerate’s annual meeting, which was held virtually from Los Angeles. “People have money in their … Read more

US economy’s unexpected strength benefits Berkshire: Warren Buffett

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US economy’s unexpected strength benefits Berkshire: Warren Buffett

Warren Buffett said on Saturday that the U.S. economy is faring far better than he might have predicted early in the coronavirus pandemic, benefiting his conglomerate Berkshire Hathaway Inc. Speaking at Berkshire’s annual meeting, Buffett said the economy has been “resurrected in an extraordinarily effective way” by monetary stimulus from the Federal Reserve and fiscal … Read more