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| Subject: Buffett bullish on US economic recovery Mon Feb 27, 2012 3:10 am | |
| Anyone looking for more evidence of a strengthening United States (US) economic recovery need only consider conglomerate Berkshire Hathaway, where businesses ranging from railroads and electric utilities to furniture and candy stores are racking up record profits.
Even though Berkshire's Mr Warren Buffett says with emphasis that the housing market is still in a depression, he was as upbeat as ever this weekend on the rest of the dozens of businesses he owns.
'Though housing-related businesses remain in the emergency room, most other businesses have left the hospital with their health fully restored,' Mr Buffett said on Saturday in his closely watched annual letter to shareholders.
http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_770955.html |
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