For the top story so far here in moscow im kevin comprehensive news review of the week and now if you join me for. Watching hope you have a great weekend. Hi imax to answer this is the kaiser report were back from Summer Solutions no more solutions not only problems now for the next 10 months. Well lets talk about the biggest thing that happened while we were away on vacation and that is warren buffet has obviously used that opportunity while we were away to make a major major major change and his portfolio and which indicates that kaiser report has been right for the past 10 years he dumped many of his banking shares and went long gold miner barrack the biggest gold miner in the world so max what do you think about this sea change in his portfolio right well it was obvious that he would have to get into gold gold mining gold bullion at some point he had too much calf he was underperforming the stock market for 15 years he had made an enormous mistake at airlines again for the 2nd time
A peculiar title, and this year i work at the pukhovichsky bread and products plant, and the specialty is called a Grain Processing operator, in our team there are 11 people. Something to detach is not only a job and a salary. And unite like one big family. We have a festival. For the most part creative we we want to introduce the guys to each other. And we timed this event to coincide with the sixtieth anniversary of the belarusian student teams, and we will gather the guys for the next experience of energy. Uh, we will determine the best of the best, this will already be at the end of the third working semester. It will be the end of octobernovember, when we will sum up our results in the minsk region, more than 2,000 temporary vacancies are occupied by young people aged 14 and over. Work teams are formed in various areas of construction, ecological, agricultural, service, medical, and others. Further, on the morning air of Economic News , we will tell you about the development of ev
Greenback following the selloff on wall street friday, asian equities also fell sharply starting the week. The nikkei and hang seng closing down more than 2 today. Thats putting pressure everywhere else. Take a look at whats going on in european trading right now. We have a situation where you have red arrows across the board in europe. The ftse down 1. 5 . In italy more than 2 . Well take a quick look at the u. S. Equity futures as well as we take a look now, the good news is we have red arrows with the dow opening five points higher, the s p 500 up three points higher and the nasdaq up 2. 5 points. Over to sarah in the meantime. Among the catalyst most often cited, fears over tightening in u. S. Monetary policy and Credit Conditions in china. Lets start in china. Eunice is joining us live from beijing with an update. Good morning. Good evening. Good morning. It looks like we have averted a potential crisis here in china, there are rising fears that we could see a default in the shado
Good to see you both. See you later. 15 seconds left heading towards the close, off the highs of the day but a new fiveyear high for the dow and we wait for apple an netflix numbers. We get those numbers right here on the second hour of the closing bell. Welcome to the closing bell. Im Michelle Carusocabrera in for Maria Bartiromo who is on assignment from davos, switzerland. Bill griffith will rejoin me in just a moment. The dow closing at another fiveyear high. Another within 400 points of an alltime high. Heres how were finishing the day on the street. The Dow Jones Industrial average is higher by 66 points, 13,778. The nasdaq higher by 10. 5. 3153. S p higher by two. Look at that. Getting close to 1500 at 1494. Dont forget, we are moments away from both netflix and apple earnings. First though lets get the latest on todays market movers. Yeah. We got back with us again Michael Pento of pento portfolio strategies. Also with us right now is kneel henessey from the henessey funds and
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