Warren Buffett is buying U.S. stocks,

Buffett Rules:
1. Be fearful when others are greedy
2. Be greedy when others are fearful

Buffett believes that major companies will be setting new profit records five, 10 and 20 years from now, and “fears regarding the long-term prosperity of the nation’s many sound companies make no sense”.

“What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up,” he said. “So if you wait for the robins, spring will be over.”

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