Buffett bullish on economy

In case you missed it, the Oracle of Omaha says the economy is headed in the right direction.

Economy+Leaders.jpg“I am a huge bull on this country,” Warren Buffett,CEO of Berkshire Hathaway, said Monday in remarks to the Montana Economic Development Summit. “We will not have a double-dip recession at all. I see our businesses coming back almost across the board.”

Not everyone considers what Buffett says as gospel, but there’s a reason he is one of the world’s richest investors. Actually, there are a bunch of reasons.

Here’s what some others think about Buffett’s comments.

Bloomberg report: Buffett Rules Out Double-Dip Recession Amid Growth

TheStreet: Stop Listening to Warren Buffett: Today’s Outrage

AP report: Buffett, Balmer predict bright economic future

The Daily Reckoning: Buffett Commands

AP Photo: Warren Buffett