MAGA: Buffett says economy is feeling strong

[polychronopolous]

Buffett says economy is feeling strong



* Warren Buffett and Jamie Dimon cite several aspects of the economy as reasons for optimism.
*"Right now, there's no question: It's feeling strong. I mean, if we're in the sixth inning, we have our sluggers coming to bat right now," Buffett tells CNBC.
*"The way I look at it, there is nothing that is a real pothole," Dimon adds. "If you look at how the table's set, consumers are in very good shape."



Berkshire Hathaway chairman Warren Buffett and J.P. Morgan Chase chief executive Jamie Dimon told CNBC the U.S. economy is in rare form and could continue to prove strong for years to come.

In an exclusive joint interview with CNBC's Becky Quick, Dimon and Buffett cited several aspects of the economy as reasons for optimism.

"Right now, there's no question: It's feeling strong. I mean, if we're in the sixth inning, we have our sluggers coming to bat right now," Buffett said in the "Squawk Box" the interview that aired Thursday.

https://www.cnbc.com/2018/06/07/buffett-says-economy-is-feeling-strong.html

[IroNat]

If Buffett said anything negative the market would panic.

The guy is considered to be a god by many.

But the economy is going great right now in fact.

[Dos Equis]

"It's the economy stupid."  That's the reason why, if things continue, Trump is going to sail to reelection. 

[IroNat]

Buffett was against the Trump tax cuts and pro-Hillary.

[SOMEPARTS]

Ha, only means he's pulling back positions and needs to keep people in play if he says that. Guy has been around a long time and been on the right side of many trades.