Warren Buffett: Long-term outlook for business hasn't changed due to coronavirus- CNBC

Market news

24 February 2020

Warren Buffett: Long-term outlook for business hasn't changed due to coronavirus- CNBC

Says he is buyers on balance when stocks are down

A "good number" of businesses that he owned were impacted by coronavirus in short term

He believes "something else" other than coronavirus will be "front and center" six months from now

U.S. economy is strong, although softer

Low rates are good for stocks, but bad for insurance companies

Canada: Wholesale Sales, m/m, December 0.9% (forecast 0.5%)

European session review: USD, CHF, JPY gain on coronavirus fears

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