The economy is neither roaring nor stalling; it's clearly out of the soft patch and moving along at a decent pace, and that's all the Fed needs right now.

No, I've always been impressed with the tremendous resilience of the American economy. I think over the years, over the decades, it's demonstrated this tremendous ability to take severe body blows, if you will, and bounce back.

Warren is obviously a very long-term thinker. The economy recovery, whether it's first-quarter, second-quarter, or second half of the year, doesn't influence his thoughts on valuations.

The economic data fed into the theme that the economy is headed for a soft landing.

It's nice to have universities, rather than be reluctantly drawn into helping with the economy, to be aggressively seeking ways to help with the economy. Legislators are appreciative of that.

A strong economy begins with a strong, well-educated workforce.