Warren Buffett: 'US economy is slowing down, but I'm not concerned'

Believes US is best place to invest

Jayna Rana
clock
Buffett's comments come as fears of a recession grow
Image:

Buffett's comments come as fears of a recession grow

Billionaire investor Warren Buffett has said the US economy is noticeably slowing down but vowed to continue investing the way he has always done, even when there are "flashing red lights".

"It does look like the pace of increase in the economy has slowed down," the chairman and CEO of Berkshire Hathaway said in an interview with CNBC. "I would call it somewhere close to noticeably, b...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Markets

Bestinvest's bi-annual Spot the Dog finds over £45bn is still in underperforming portfolios

Bestinvest's Spot the Dog finds fewest underperformers in six years

Number of dog funds more than halves

clock 08 August 2022 • 4 min read
European-focused investment grade and high yield credit have highest inflows since April 2020.

Fixed income dominates ETF flows in July

Accounted for $32.5bn

clock 08 August 2022 • 2 min read
Royal London group chief executive Barry O'Dwyer

RLAM AUM shrinks 9% in H1 but sustainable funds remain popular

9% decline in AUM

clock 05 August 2022 • 2 min read