Buffett: Stocks are "ridiculousy cheap" if rates stay low

6:00 AM ET Mon, 6 May 2019

Warren Buffett appears live on CNBC's "Squawk Box" just after the Berkshire Hathaway shareholder meeting. He says stocks are "ridiculously cheap" if interest rates remain low, calls himself a "card-carrying capitalist," and warned that an escalation of the trade dispute between the U.S. and China would be "very bad" for the world.