In a recent CNBC interview Warren Buffett said, “The most important item, over time, in valuation is interest rates”. He added, “It’s a huge bargain to buy stocks now if you knew interest rates would stay at this level”.
In terms of investing in bonds Buffett said, “Anybody that prefers bonds to stocks is making a big mistake”.
Here's the CNBC interview:
This original article was posted by Johnny Hopkins at The Acquirer's Multiple.
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