Billionaire Warren Buffett said Monday the stock market would be viewed as "cheap" now if interest rates continued to remain low.» Read More
In a live interview this afternoon on CNBC with Hillary Clinton standing by his side, Warren Buffett again warned that the U.S. could fall into recession, if unemployment increases significantly. But he said he's not sure that will happen and he's been surprised that the employment market has held up as well as it has so far. The interview followed a San Francisco fund-raiser for Senator Clinton's presidential bid.
His comments echo what he told Becky Quick earlier today in a separate live CNBC interview.
Warren Buffett hosted a fund-raiser in San Francisco for Senator Hillary Clinton's presidential campaign.
Here's a video excerpt in which he describes how he surveyed his office staff and found they all pay a higher tax rate than he does.