What's Up On Wall Street - Matt Nesto, CNBC

Well have you made any investments in Brazil that's one of the topics were and discuss this hour going to be joined later in the show -- rob luck from Cabot money management. Are we talking about whether or not you should be clients are. In the Brazilian economy. Right now although -- triangular a lot of people that wish they would didn't own any. And I -- me. Yeah our down across the board it is the Dow's down a 105 points -- Mary in NASDAQ down forty BS and 500 down their team. Did your US treasury at one point 901 not much movement. -- it's up eight dollars eighty cents and oil is trading down two dollars. Three cents -- hiring slowing in the course. -- -- jobless numbers that came in earlier kind of a disappointment for most of us it -- was featureless. They were joined by madness -- from Yahoo! finance and we're not quite. Clear if he's in New York is -- in Omaha or maybe he's in his private jet flying to Omaha from New York. We -- where the heck are you -- I am in the lovely liberty air port. Newer teachers wait port my life. Right where you are headed to -- -- right. Yes I am so -- going to dinner tonight yet it's a place. You know it's amazing you know we have all these -- and shoot everything. All that out and I just got email from my producer was going ahead of me at the -- of emergency medical landing at their stranded at buffalo trying to scramble and rehire -- to be picked me up so where -- and they're -- at this point. That's one of the few choices I'd I'd. I guess if they get if if you had to choose between Omaha buffalo I think I'd actually to the Omaha. You know the -- that make it your way out boy yeah she regularly -- -- which are you to get any time with with. That was Warren Buffett. I would go one on one key because you know remember it is. This much is it circuits that also actually business or so there's an annual meeting that 40000 people there any -- and -- -- actually got to have. This gonna ask questions. There's a couple of analysts and -- -- the -- this year for the first time which is a different thing. Have you are noted that have you ever noticed that all the re orders that he -- are beautiful women. Is that I have noticed that. Kind of excludes you write -- out. What we hear you want to get now it was me I would get that I'd get a promise. Yes but when you're 81 and a billionaire you you know she shot right to do a lot of I got. The current. Well what I would expect to learn at the meeting this weekend. -- you know it's gonna be if it you know -- it was heavy -- over the whole David so call me when he. With a -- run out of town for insider trading you know what is the purpose. Go on the record as dom -- when that bulk but this year you know we had a revelation a couple of weeks ago I was eight walk out they can't they're. We also have. Back at Berkshire Hathaway is doctors and and performing now for three straight years membership status to the F and 500 these -- about two years ago. So no -- investors -- were patient a lot of those weren't -- I don't expect anybody who buys it and you know go out to best. You know -- -- -- suddenly want overshoot on things if anything this would be the kind of -- value. So I think what you're a lot of talk in terms of you know the value that is -- -- and talk about the economy. Com and household the big change from our a year ago. That may not have as well with it that's big crowd is what is the -- to biz Asia. Warren Buffett and the whole welfare law mean he's been Obama's right hand man or you know much of early campaign. Yeah he really has and it it's unusual to see president. Put a -- an investor like that in his hip pocket is that they make I don't -- call. George Bush or bill or having relationships. Like that with. You know world famous investors of that -- Nor the -- or vice Versa you don't see too many world famous investors. You know picking a -- -- they kind of you know give money if there Ecolab opportunist. Yes they are they wanted to ask you a you know tech stocks are about 60%. Year to date is it time to -- he is under -- -- out of -- -- perhaps and maybe you know buy some more financial stocks or buy some more energy -- Don't hit it really depends on the appear -- be active in trading all I got in the piece that -- -- -- that it would Joseph women from US trust. You know hit it is again you know if you have a profit the short term out that their policies are. -- let you know where your heart vastly. He was more or less hole. On financial he would like to see he would buy into what they went down another ten to 15% that's you know one of the other really super hot groups. This year and an energy and agricultural commodities is really hard on it more like a global kind of why. I as I've needed to deceive their respect divine energy -- war known much in the way of energy there. Well he owned utility mid American so. Yeah indirect they're yeah there's that but -- here. You know historically and notoriously. Commodity shy commodity future especially goal. And I've been watching natural gas you can watch in the price of metro gas lest we. Amazing that in and coming back a little Twitter fight over natural gas nobody was. Happy to sit with the FB we're so we all out my -- on Twitter basically back in addition. Crazy at speculators in oil marketer drive and no one complained about the speculators in the natural gas market and we finally got going bill. About it and your allow the nobody but nobody nobody really thought about -- -- on the down side. Right right noted that's for sure well. They met enjoy your trip out to Omaha get you get yourself a good stake out there and they'll talk to next week. That's the plan -- -- figure. That's Matt Matt -- Nesta though from Yahoo! finance joining us today. On the financial strange.