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The Boston Globe

Business

Ketchup is forever, Buffett says, but beware of US long bonds

Warren Buffet says stocks are a good investment, long-term government bonds are a dumb one, and ketchup is forever. The billionaire investor covered a range of topics in a CNBC interview on Monday, including his purchase of Heinz, the ‘‘meat ax’’ of automatic US budget cuts, and what’s going to happen when the Federal Reserve stops pumping money into the economy.

Cheap money boosts stocks

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