Tuesday, May 7, 2013

Warren Buffett still bullish on US stocks





Warren Buffett said even though the US stock market is soaring, prices appear reasonable, and stocks would be a better investment than bonds for most.


"Bonds are a terrible investment right now," the master stock picker said, adding bond prices were inflated because the US Federal Reserve continued to buy US$85 billion of bonds a month, and owners of long-term bonds might see big losses when interest rates eventually rise









via Business feed http://www.scmp.com/business/money/markets-investing/article/1231840/warren-buffett-still-bullish-us-stocks

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