ForeX

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Entries for October, 2007

Consumer Sentiment Index in U.S. Probably Fell to One-Year Low

Oct. 26 — Confidence among U.S. consumers fell in October to the lowest level in more than a year as fuel prices rose and the housing slump deepened, economists said ahead of a report today.
The Reuters/University of Michigan final sentiment index fell to 82 from 83.4 in September, according [...]

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Warren Buffett Says He’s `Still Negative’ on the U.S. Dollar

Oct. 25 — Billionaire investor Warren Buffett said today he’s “still negative” on the U.S. dollar.
Buffett, the world’s third-richest man, also said he likes “foreign exchange exposure through stocks” when addressing reporters today in Daegu, South Korea. Buffett, chairman of Omaha, Nebraska-based Berkshire Hathaway Inc., is touring TaeguTec Ltd., a subsidiary, and meeting with [...]

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