Message :
Required fields
(Reuters) - Warren Buffett said on Saturday that Berkshire Hathaway Inc is being lifted by a U.S. economy faring far better than he predicted early in the coronavirus pandemic, though investor euphoria is making it hard to deploy cash.
Speaking at Berkshire s annual meeting, Buffett said the economy has been resurrected in an extraordinarily effective way by monetary stimulus from the Federal Reserve and fiscal stimulus from the U.S. Congress. It did the job, Buffett said. This economy, right now, 85% of it is running in super high gear.
Buffett lamented how an influx of so-called special purpose acquisition companies and inexperienced investors hoping for quick riches have made markets feel like a casino, making it hard for Berkshire to deploy more of its $145.4 billion cash hoard.
NEW YORK: Warren Buffett said on Saturday that Berkshire Hathaway Inc. is being lifted by a US economy faring far better than he predicted early in the coronavirus pandemic, though investor euphoria is making it hard to deploy cash.
Speaking at Berkshire’s annual meeting, Buffett said the economy has been “resurrected in an extraordinarily effective way” by monetary stimulus from the Federal Reserve and fiscal stimulus from the US Congress.
“It did the job,” Buffett said. “This economy, right now, 85 percent of it is running in super high gear.”
Buffett lamented how an influx of so-called special purpose acquisition companies and inexperienced investors hoping for quick riches have made markets feel like a casino, making it hard for Berkshire to deploy more of its $145.4 billion cash hoard.
Warren Buffett says U S economy s unexpected strength benefits Berkshire leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
Officials are seeking to site the Summer Theatre of New Canaan s tent on the main athletic field at Waveny, near its southwestern corner the tent would be located near the pine tree at the curve in the road running north-south as shown at left, roughly in line with the northernmost paddle tennis court. Google Maps image
Saying a proposed location near the walled garden won’t work, parks officials last week suggested Summer Theatre of New Canaan figure out a way to put on its 2021 performances on the main athletic fields.
Members of the Parks & Recreation Commission voted 10-1 at their April 14 meeting to have town officials and a designee from the appointed body work with the organization to arrange for a stage, tents and audience seats to be located near the southwest corner of Waveny’s main athletic fields, north of the main road through the park.
Parks & Rec Recommends Locating Proposed Open-Air Ice Rink at Waveny newcanaanite.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newcanaanite.com Daily Mail and Mail on Sunday newspapers.