Buffett says US firms prosper as economy improvesMay 3, 2014 @ 1:00 pm
OMAHA, Neb. (AP) -- Investor Warren Buffett says the U.S. economy continues to improve gradually, and he doesn't think any price "bubbles" are developing.
Buffett told Berkshire Hathaway shareholders at the company's annual meeting Saturday that American businesses are thriving as is evident in their profit reports.
The fact that interest rates have remained near zero for several years has some investors worried about bubbles forming in prices.
Buffett doesn't see signs that a bubble is forming in bonds or any other assets. But he says it's unusual that rates have remained low this long.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Any Means Necessary
Ricardo Lockette takes playing time with the Seahawks over pride
How Bellevue will handle students who transfer from 'failing' schools
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.