Warren Buffet's reaction to S&P's downgrade "I don't get it" he told Fox Business Network."In Omaha, the US is still triple A. In fact, if there were a quadruple-A rating, I'd give the U.S. that."
He went on to say it wouldn't have much effect on the markets on Monday.
With the Dow closed up about 60 points and DNDN up about 8% i do hope they'll lend support to PRR on Monday.
Question is, will markets believe Buffet and US Treasury or S&P agency.
Treasury says S&P's analysis was flawed by $2 Trillion error.
prr weekend thoughts..., page-20
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