You are here

Buffett's indicator fails to give accurate reading of economy

New York

IT'S often said that Berkshire Hathaway Inc chairman and chief executive officer Warren Buffett's single favourite measure of economic activity is railway traffic.

Economists at Bank of America Corp have also found the predictive power of Buffett's "desert island indicator

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom