Those So-Called ‘Green Shoots’ in the Economy

I was reading a transcript of an interview Warren Buffett gave to CNBC yesterday, and I found this following comment to be funny, succinct, and matter-of-fact.

BECKY: We hear people on our air all the time who talk about the “green shoots” that they’re seeing. Are you seeing any of those green shoots?

BUFFETT: (Laughs.) I looked. I wasn’t seeing anything. I had a cataract operation on my left eye about a month ago and I thought maybe now I’ll be able to see green shoots. We’re not seeing them. Whether it’s retailing, manufacturing, wherever.

I have to agree. Looking at the data, I don’t see green shoots.