Warren Buffett lifts stock markets from US to China
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Submitted by China Stocks Blog
Written by Michael Vass
When Warren Buffett speaks the world listens. Not only that, they world markets react. That is what happened when Buffett announced that Berkshire Hathaway was willing to back-up reinsurers on municipal bonds up to $800 billion. That took the U.S. stock markets on a rally, with the Dow Jones Index ending up 124 points.
