Warren Buffett Bull On The U.S. Economy And Stock Market

Warren Buffett has talked about Montana Economic Development Summit and has told them it was a bull for the U.S. economy. He said all the talk of a double dip recession is mainly just media hype and trends of its businesses are showing signs of life. Buffett continues to believe that basically the U.S. economy is one of the best investment options out there.

He said all his business across the board, becoming more and more people every month. Buffett had to understand that this was a sign of future recovery and not a double dip recession.

He noted that Wells Fargo would have $ 50 billion in loans, saying that if you want a loan to go talk to your banker. Credit, especially for small businesses was one of the pillars known in this economy. Buffett said he is not, at least not in Wells Fargo, anyway. Berkshire Hathaway, a holding of Warren Buffett, is the largest shareholder of Wells Fargo Bank, which is as clean as Wachovia Bank.

Buffett has always been long on the U.S. economy. Indeed, this is known investment guru to identify and buy undervalued stocks to build his fortune, recommends index funds.

Index funds are designed to grow and follow the U.S. economy, instead of beating the market. If index funds are essentially long-term bull of the U.S. economy. Buffett is only and always has been.