Seeking Alpha

Tim Travis'  Instablog

Tim Travis
1,000 Followers
18 Following
Send Message
Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
My book:
Learn to Treat Your Portfolio as a Business
  • Berkshire's Pederson Says U.S. Businesses Scaling Back-Bloomberg 0 comments
    Jul 2, 2012 5:42 PM | about stocks: BRK.A, BRK.B

    Further evidence that the economy is weakening can be seen as Berkshire Hathaway's (BRK/A) rental furniture unit saw a slowing of demand from business clients in the second quarter. Businesses are reluctant to invest in growth because of a lack of confidence in the overall economy. While the Federal Reserve has been extremely loose, the government has not been supportive of business and true job creation. A witch hunt against the banks and having them horde capital like never before when governments are deleveraging is extremely harmful as well. It will be interesting to see what happens in November as the economy is not likely to get much better before then.

    http://www.bloomberg.com/news/2012-07-02/berkshire-s-pederson-says-u-s-businesses-scaling-back.html

    Disclosure: I am long BRK.B.

    Stocks: BRK.A, BRK.B
Back To Tim Travis' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

Latest Comments


Most Commented
Posts by Themes
Acquisition, AIA Group, Argentina, austerity, Australia, automotive industry, bankes, Banks, banks, Benjamin Graham, Bill Ackman, Bill Gross, bill gross, Bloomberg, bloomberg, bond insurance, Bonds, bonds, bruce berkowitz, Bruce Berkowitz, Bundesbank, capital, CDO's, CDS, CFTC, charlie munger, Chemicals, china, China, Coal, commodities, Commodities, Congress, Core Capital, credit cards, credit rating agencies, Credit Ratings, David Winters, debt, Debt, Dick Bove, Dividends, Dodd-Frank, Donald Yacktman, dont-tag-as-pro, downgrade, Durable goods, E.C.B., Earngings, Earnings,
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.