Probabilities of Recession calculated from the Yield Curve

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

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“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.”

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.

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

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