Probabilities of Recession calculated from the Yield Curve

Buffett on the economy: ‘It looks like things have slowed down’

“It does look like the pace of increase in the economy has slowed down,” Warren Buffett tells CNBC’s Becky Quick. “I’d call it somewhere close to noticeably, but I wouldn’t go beyond that.”

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Buffett noted that a slowdown in BNSF, the railroad company owned by Berkshire, is flashing a signal of slower growth, but added that some of the data may be distorted by seasonal factors, such as the weather.

His comments come as fears of an economic slowdown have driven Treasury yields down sharply.

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