Buffett says no double-dip, Microsoft’s Ballmer enthusiastic about future at Montana summit
By Matt Gouras, APMonday, September 13, 2010
Buffett, Ballmer predict bright economic future
BUTTE, Mont. — Two of the biggest names in business say they see a bright future for the economy.
Famed investor Warren Buffett says there will be no double-dip recession as some fear. He says banks are lending money again, businesses are hiring employees and he expects the country to come back stronger than ever.
The chairman of Berkshire Hathaway Inc. was speaking Monday via video to the Montana Economic Development summit in Butte.
Microsoft Corp. CEO Steve Ballmer says there soon will be more technological advancement and invention than seen during the Internet era. He says that will help drive business growth.
The conference was organized by U.S. Sen. Max Baucus. The Montana Democrat says it leaves “bickering and name-calling” back in Washington, D.C., so leaders can find good ideas.