David A. Grogan | CNBC
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Berkshire Hathaway Chairman and CEO Warren Buffett explained Monday that when the U.S. financial state still appears balanced, it isn’t really as sturdy as it was even 50 % a 12 months in the past many thanks to a mix of international headwinds.
“It really is robust, but a small softer than it was 6 months in the past, but that is over a broad assortment,” he instructed CNBC’s Becky Swift. “You seem at car holdings —railcar holdings, transferring goods all around. And there again, that was affected by the tariffs too for the reason that folks front-ended purchases, all sorts of factors.”
“Business is down but it really is down from a very great level,” he included. Buffett joined CNBC’s “Squawk Box” from Berkshire Hathaway headquarters in Omaha, Nebraska.
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