Alexis John
Rookie
- Nov 24, 2016
- 5
- 0
- 1
Warren Buffett doesn’t see a shift in market direction, despite the stunning victory of Donald Trump in the U.S. presidential election. And this prediction from the world’s most successful income investor came after he sharply criticized the Republican candidate for his economic policies.
“The stock market will be higher 10, 20 and 30 years from now and it would have been with Hillary [Clinton] and it will be with Trump,” Buffett said in an interview with CNN.
For Warren Buffett, Trump’s protectionist trade policies still pose a threat for U.S. growth, as the “Oracle of Omaha”r predicts both China and Mexico may retaliate if Trump pursues his trade agenda. Despite this warning, Buffett doesn’t see these policies “would cause a recession” in the U.S.
Thats a breather for scared investors I guess.
Any Views Anyone??
“The stock market will be higher 10, 20 and 30 years from now and it would have been with Hillary [Clinton] and it will be with Trump,” Buffett said in an interview with CNN.
For Warren Buffett, Trump’s protectionist trade policies still pose a threat for U.S. growth, as the “Oracle of Omaha”r predicts both China and Mexico may retaliate if Trump pursues his trade agenda. Despite this warning, Buffett doesn’t see these policies “would cause a recession” in the U.S.
Thats a breather for scared investors I guess.
Any Views Anyone??