www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> America
Buffett sees tough times ahead before recovery
(Agencies)
Updated: 2009-05-05 11:13

OMAHA-- Billionaire Warren Buffett remains optimistic about the US economy, but he says it's difficult to predict when the recession will end because American consumers changed their behavior significantly.

Related readings:
Buffett sees tough times ahead before recoveryBuffett offers bleak outlook for US newspapers
Buffett sees tough times ahead before recovery
Buffett assails US 'stress tests'
Buffett sees tough times ahead before recoveryBuffett says US government is doing the right things
Buffett sees tough times ahead before recoveryBuffett says economy fell off a cliff
Buffett sees tough times ahead before recoveryBuffett says economy in shambles

Berkshire Hathaway's chairman and chief executive conducted several TV interviews Monday after entertaining 35,000 people at his company's shareholders meeting in Omaha over the weekend.

"In the short term, things are going to be tough for a while. We see no real pickup in a whole variety of businesses we have, but they'll be doing fine in a few years," Buffett said Monday in an interview with CNBC.

Among Berkshire's more than 60 subsidiaries, there are furniture, brick, manufactured home, carpet, utility, insurance and jewelry companies, so Buffett gets a good sense of the health of the economy by looking at his internal reports.

On the positive side, Buffett said he sees residential real estate prices stabilizing in important parts of the country like California, although a huge oversupply of houses remains in southern Florida.

Buffett sees tough times ahead before recovery
Billionaire financier and Berkshire Hathaway Chief Executive Warren Buffett attends the Berkshire Hathaway Annual Shareholders meeting in Omaha, Nebraska May 2, 2009.  [Agencies]

And Buffett's long-term outlook for the United States remains rosy.

"I am enormously optimistic about the future of this country over time," Buffett said.

Economists say the recession began in December 2007.

Buffett said the shift in American consumer behavior makes it hard to predict when the economy will recover. He said many Americans who still have the same jobs, same savings and same homes responded to the financial turmoil by changing their spending and buying habits dramatically.

"I think the American public generally is in a different mood than a year ago or two years ago or three years ago. In fact, I know they are by their buying habits," Buffett said in an interview with Fox Business News.

At the shareholders meeting Saturday, Buffett and Munger said they believe the US government has generally done the right things to help the economy recover. Buffett and Berkshire board member Bill Gates reinforced that notion in a joint interview on Monday.

Gates, who co-founded Microsoft, said the US$700 billion Troubled Asset Relief Program Congress passed last fall may have been flawed because its designers didn't predict how negative factors would work together, but it was necessary.

"It's not going to be perfect, but they've been doing the right things," Gates said to Fox Business. "There wasn't anybody to count on except for government in late September."

Gates said he enjoys calling Buffett and talking about what's going on in the economy because of all the turmoil.

Buffett's company did have a rough year in 2008, but Berkshire still beat the S&P 500 index that Buffett measures his performance against.

Berkshire's Class A stock lost 32 percent in 2008, and Berkshire's book value -- assets minus liabilities -- declined 9.6 percent to US$70,530 per share. That was the biggest drop in book value under Buffett and only the second time its book value has declined.

The Standard & Poor's 500 index fell 37 percent in 2008.

Berkshire reported a 2008 profit of US$4.99 billion, or US$3,224 per Class A share. That was down 62 percent from the previous year, but better than many companies. Berkshire plans to release its first-quarter results on Friday afternoon.

   Previous page 1 2 3 Next Page  

主站蜘蛛池模板: 中文乱码一二三四有限公司 | 窝窝人体色| 国产一区日韩二区欧美三 | 九九亚洲精品 | 免费永久观看美女视频网站网址 | 日韩成人在线播放 | 九九九九在线视频播放 | 九九国产在线观看 | 中文字幕一区二区三 | 亚洲精品视频观看 | a级国产乱理伦片在线观看 a级国产乱理伦片在线观看99 | 亚洲男人的天堂久久无 | 成人免费aaaaa毛片 | 免费看又黄又爽又猛的网站 | 亚洲欧美二区三区久本道 | 97成人精品视频在线播放 | 男女男在线精品网站免费观看 | 国产三级播放 | 中国女人毛茸茸免费视频 | 国产免费一区不卡在线 | 亚洲狠狠ady亚洲精品大秀 | 国产一区精品在线 | 国产手机国产手机在线 | 在线日本看片免费人成视久网 | 在线观看日本亚洲一区 | 欧美成人视屏 | 中国女警察一级毛片视频 | 武松金莲肉体交战在线观看 | 国产成人精品亚洲2020 | 伊人色综合7777| 久久国产精品岛国搬运工 | 国产综合久久 | 九九视频国产 | 免费特黄一区二区三区视频一 | 久久久国产精品免费视频 | 欧美操人视频 | a级特黄毛片免费观看 | 香蕉久久一区二区不卡无毒影院 | 精品国产日韩亚洲一区在线 | 国产精品国三级国产aⅴ | 九九九九九九精品免费 |