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Thursday, September 30, 2010

**[investwise]** Buffett, Ballmer Predict A Bright Future

 

Two of the biggest names in business say they see a bright future for the economy.

Famed investor Warren Buffett says there will be no double-dip recession as some fear. He says banks are lending money again, businesses are hiring employees and he expects the country to come back stronger than ever.

The chairman of Berkshire Hathaway Inc. ( BRK - news -people ) was speaking Monday via video to the Montana Economic Development summit in Butte.

Microsoft Corp. ( MSFT - news -people ) CEO Steve Ballmer says there soon will be more technological advancement and invention than seen during the Internet era. He says that will help drive business growth.

The conference was organized by U.S. Sen. Max Baucus. The Montana Democrat says it leaves "bickering and name-calling" back in Washington, D.C., so leaders can find good ideas.

Safe Harbor Statement:

Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
 
Nothing in this article is, or should be construed as, investment advice.
 
 
 

 
 

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