US billionaire Warren Buffett optimistic on stocks | Bangkok Post: news

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US billionaire Warren Buffett optimistic on stocks

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Billionaire Warren Buffett is praising the policies of both President Barack Obama and his predecessor George W. Bush for moving the US economy in the right direction. 

Warren Buffett looks on while testifying before the Financial Crisis Inquiry Commission at The New School June 2, 2010 in New York City. Buffett said the US economy is moving in the right direction and praised the policies of both president George W. Bush and Barack Obama as "the right things," in an interview that aired Sunday.

US stocks soared to new closing records Friday after a strong US jobs report that saw unemployment fall to 7.5 percent revived confidence in the economic recovery.

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