chu: an additional 30 seconds. the speaker pro tempore: the gentlelady from new york is recognized for an additional 30 seconds. mrs. maloney: there is no choice in this country which has been guaranteed by our supreme court without access to choice. this bill attempts to stop the access to choice by putting doctors in jail, by absurd requirements. i urge my colleagues to respect the relationship between women and their doctors. respect their need for affordable and available health care. and vote no on this punitive and intrusive bill. i yield back. the speaker pro tempore: the gentlelady's time has expired. the gentlelady from california reserves. the gentleman from virginia is recognized. mr. goodlatte: madam speaker, at this time i'm pleased to yield one minute to the gentleman from illinois, mr. roskam. the speaker pro tempore: the gentleman from illinois is recognized for one minute. mr. roskam: thank you, madam speaker. thank you, chairman. my heart is heavy with this debate. my heart becomes very heavy when

chu: an additional 30 seconds. the speaker pro tempore: the gentlelady from new york is recognized for an additional 30 seconds. mrs. maloney: there is no choice in this country which has been guaranteed by our supreme court without access to choice. this bill attempts to stop the access to choice by putting doctors in jail, by absurd requirements. i urge my colleagues to respect the relationship between women and their doctors. respect their need for affordable and available health care. and vote no on this punitive and intrusive bill. i yield back. the speaker pro tempore: the gentlelady's time has expired. the gentlelady from california reserves. the gentleman from virginia is recognized. mr. goodlatte: madam speaker, at this time i'm pleased to yield one minute to the gentleman from illinois, mr. roskam. the speaker pro tempore: the gentleman from illinois is recognized for one minute. mr. roskam: thank you, madam speaker. thank you, chairman. my heart is heavy with this debate. my heart becomes very heavy when

chu: is the other side of the aisle prepared to close? ok. the speaker pro tempore: the gentlewoman is recognized for five minutes. ms. chu: madam speaker, this bill politicizes women's health and limits women's access to abortion. it interferes with the sacred doctor-patient relationship and substitutes a physician's best judgment with the judgment of a handful of politicians and in fact male politicians. i would note that not a single woman on the other side of the aisle has spoken on this bill. let me note, it is already illegal to fail to provide care to an infant born alive. there was a bill passed 13 years ago, the born alive infant protection act. and this bill was not intended to affect abortion practice or the woman's right to choose. in fact, that is why judiciary committee democrats voted to support it. but what this bill does is to vilify abortion providers. this bill is so broad and the penalties so severe, up to five years in prison, that one can only conclude that the real purpose of this bill is to intimidate abortion provider

chu and stay. it may be cynical but they figure it would fall eventually anyway. nixon wanted to win some breathing room for the soviet meets government. he did and it was only 22 months before they fell. war was bitter and academics are going to fight over this for a long time because the evidence is contradictory. bobby kennedy said i will just get out of vietnam. i don't think he would have been i don't think he could have. you have 550,000 men there come a don't just get on a plane and fly home so there are a lot of arguments on this whole subject that i don't think nixon was out out -- i think the war was that it was a hello of a problem. when i read about it i struggled in my own mind to think how could this have been different and how could they have done it smarter and better? cambodia was a mistake but it was a hello of a problem. he inherited a war with half a million men but the fierce enemy who weren't going to give up no matter what and uncertain ally. ask president obama about how har

our speaker this morning the chairman for the national endowment of the arts, jane chu. we invited jane chu to be with us on the occasion of the 50th anniversary of the nea, which i understand the actually anniversary day is tomorrow. first, i want to introduce our distinguished head table. this table includes members of the national press club and guests of our speaker. from the audience's right, lisa matthews, vice president at hager sharp and a member of the national press club speakers committee, melissa walker, creative arts therapist and healing arts program coordinator at the national intrepid center of excellence at walter reed national military center, amy henderson, curator and a member of the national press club speakers committee, abel lopez, jerry, a past president of the national press club and chairman of the press club speakers committee, skipping over our speaker for a moment, nick, deputy ceo of the u.s. capital visitors center and the member of the national press club speakers committee, who organized today's event. thank you, nick. fabian barnes, dire

please join me for the national press club welcomed his duty to jane chu, national endowment. [applause] thank you for joining us online to kick off the 50th anniversary of the establishment of the national endowment of the arts. i want to acknowledge a few special guests that are sitting at the table that have been called out and are helping here to celebrate our milestone. abel lopez associate producing director of the hispanic theater, the latino hispanic theater is located here in washington, d.c. and is a longtime guarantee of the national government for the arts. this was the first theater in the nation's capital to offer spanish-language production. i also want to introduce the director of the institute of washington, another longtime guarantee of the national endowment for the arts and in addition to regular dance classes and professional performances, dance institute offers an award-winning mentorship program called positive directions and the positive direction prepares high school students for college or employment by offering dance classes, life skills development

the one candidate that emerged at the end was chu, a relatively less well-known personality in taiwan who has been recently the deputy speaker of the legislative taiwan. before the public opinion poll to determine whether she would qualify to be the party candidate was held, the party did not arrange any time when she would present her platform to the public. and so when the voters that were polled, not the voters, the people who were polled reacted to her, what were they reacting to? they were reacting to her personal story which is quite compelling and interesting, and they were reacting to personality as an outspoken and atypical knt politician. when the poll was conducted, she surprised many people, including myself and got a 46% support rate which was well beyond the threshold the party set for a potential candidate. shortly afterward, however, her poll numbers began to collapse. why? because the more the public learned about her policy, the less attractive she appeared. she laid out, as has been said, at the core of her platform was on cross strait relations and she wanted to mo

dom chu's got the details at headquarters. dom?oring team at cnbc pro reached out to a number of different traders and analysts on wall street to see how they would play the stock market given what just happened, what just transpired at that big apple event today. and hear how a few of those ideas came to fruition in terms of trade. so first off, definitely interesting to see that representatives from different companies came up to show their products work with all those apple devices. one of them was adobe. some pros looking at buying adobe stock on the heels of that presentation, the thinking being that adobe's one of the companies that's really getting behind the new ipad pro and developing applications to help turn it into a real pc replacement. others are taking a look at buying video game publishers like electronic arts and activision. the new apple tv release and iphone upgrades cowan leash a wave of console-quality gaming capabilities. traders looking at those booms to game development sales but not just about buying. some

regarding hung hsiu-chu's position. just couple months later, she tried to -- she did not just change her position on this statement. so she will continue to advance so-called political talks with china. in her recent statement. most people believe that president in taiwan would maintain status quo. instead hung hsiu-chu might change status quo in the future. that's very important for people in china to support tsai ing-wen since 85% of people in taiwan support to maintain status quo. you look at cross-strait policy. approval rating for tsai ing-wen were also much higher than hung hsiu-chu. you can see tsai ing-wen's policy is much higher in terms of approval rating. almost 63%. in terms of people's confidence in tsai ing-wen's negotiation with china to maintain -- safeguard taiwan's interest is the same, almost 40% of people believe tsai ing-wen will be much better than hung hsiu-chu. we asked people whether next administration negotiate a new initiative to repress consensus. around 60% of people believe the next admin

the it is jimmy chu, burrberry, people are interested in bags. >> they love it, because it is time to fall back. the put ago way straw tote and moving to the beautiful leather bags. >> you know this fancy pants women they love, torey burch and here's something you have all this stuff and it is with the original tags right on it. >> righty don't necessity how much it would have been. >> i would say, that is almost $300. >> it is 49 bucks it is gorgeous. >> new, with tags. then we have dresses like this trina, and we have one for every occasion. the great thing is hot trend this season, metallic and leather touches. >> yes. >> so we have very latest styles, affordable prices, was $400 and in our store it is. >> fifty-five bucks. >> that is right. >> and then you also get the name that everyone wants. >> right. >> even more jimmy chu, this is something where stylist you buy shoes and they can help you fine an outfit. >> this would be for an nice event because you have coordinating clutch. so you look all fancy and be ready to go. >> kate spade, this is no place for dult women but lets sa

let's get to dom chu with details. >> talking about earnings and sales at nike beating expectations. the stock is up. not just because of the beat but because of something every analyst and trader likes to watch called those global futures orders. a way to measure their future business in the coming months. if you are take a look at those right now, it was a big beat on a currency-neutral basis, nike says global futures orders are going to grow by 17%. analysts were looking for 11%. look at every key region. north america, western europe, central europe. talk about what's happening with the greater china region. japan and the emerging markets. every single one of them -- of course china here is the big deal. everyone is concerned about what is happening in china. they are expecting futures orders to grow 27%. analysts on average looking for 17%. unlike the fed chair janet yellen speech, we are expecting q&a with this conference call. shares are up. we'll monitor that call and we'll be back later this hour with comments, hopefully from mark parker or other executives about the state o

and the second question is also for professor chu. thank you. >> when things go well, many people claim responsibility. when things go poorly, this morning it was said that they bear a certain amount of responsibility for the poor state of the kmp campaign. i would argue that eric shu does retain a good portion of that because of his decision not to run. and seemingly not willing to try and adjust strategy partway through the campaign when it's quite clear it's not going well. as party leader, he is ultimately responsible for the way the campaign goes for the presidency and legislature. that's the role of political parties to win elections. he's the head of the party and has to bear a certain responsibility for that. that's in terms of personalities. i think in term of the other factors, that reflects everything from his polling on people's attitudes, they are fighting an uphill battle at a time when the party has shifted. it's a well-established party. in 2000 his death was predicted and it was recovered and i'm quite so it will do s

so dominic chu looks at whether or not history might repeat itself. >> reporter: for many, august has turned out to be a month you'll soon try and forget. investors and traders look at some of the worst monthly losses in years and stock volatility soared to new heights amidst of a backdrop of september and beyond. >> i'm hopeful that perhaps we've seen some of the worst of the volatility because i feel like we cleansed our palette, so to speak. again, why you should expect volatility, the reasons are still out there. the fed still hasn't moved yet. china certainly is probably going to continue to struggle for some time, perhaps a lot of the other emerging markets as well. >> reporter: market history may be on the side of the bears as well. according to s&p sam stovall, september has been one of the worst stock market returns compared to any other month. the s&p 500 has fallen by an average of .6 of 1% since that time period. that factors into the more pessimistic case for stocks but it doesn't mean that everyone is running scared. >> we've seen fundamental earnings growth here. hopefu

. >>> up next on c-span 3, remarks from the chair of the national endowment for the arts, jane chu. the nato general talks about russia's role in syria. after that, a look at data transparency. >>> on the next washington journal, congressman tom mcclintock of california. he was resigning from the freedom caucus, saying the group's tactics have undermined conservative goals. mark pocan on efforts to pass a short-term spending bill to avoid a government shutdown. an a congressional reporter with bloomberg ba will talk about wednesday's deadline to fund the federal government. washington journal is live at 7:00 a.m. eastern on c-span, and we welcome your comments on facebook and twitter. >>> now, the head of the national endowment for the arts chairwoman, jane chu, outlining plans for her agency's 50th anniversary. legislation creating it and the national endowment for the humanities were signed into law in 1965 by president lyndon johnson. from the national press club, this is an hour. >> welcome to the national press club. my name is john hughes. i'm an editor for bloomberg first wor

back over to you guys. >> dominic chu reporting. >>> now to the u.s. economy where the number of americans who applied for unemployment benefits rose last week. despite that uptick, though, the level is still low and follows a path of solid job growth. according to the labor department, jobless claims up 3,000 to a seasonally adjusted 267,000. >>> a big increase in the number of new home sales last month. job grains and low mortgage rates sent that read on real estate to a more than seven-year high. that's according to the commerce department. the increase of nearly 6% was also well above forecast. >>> and that strength is not showing up, however, in manufacturing. orders for durable or long-lasting manufactured goods slipped in august. this according to the commerce department. that was mostly due to a decrease in the number of bookings for mu cars, airplanes and military hardware. on top of that overall business investment was weaker. >>> at least 29 state attorneys general have initiated an investigation into volkswagen and whether it exceeded emiss

. >> thank you so much, dom chu. and more pressing for gm and the automakers are people are saying auto sales may have peaked this year or next year. >> the numbers were very good numbers. limiting the uncertainty of the background is good but the stocks shows tremendous resilience on the down side. but it is the sustainability of the margins that people are most worried about. and rep gm stands for global motors and people are worried about the global movement. >> and stock is lower and john has more at the headquarters. >> it was lower than it is now. when they started giving guidance, oracle is now down 1.25. got a few things to get through here so give me a moment. first they are going to be conservative given the macro environment and expect currency headwinds of 6% on revenue, $0.05 on eps. in the software plus cloud line she said to expect growth in constant currency, all of the numbers non-gaap of 0% to 2%. sass and pass to expect growth of 30% and compared to expectations of 47%. after she gave that number,

chu. >> thank you very much. >> two minutes. >> okay our spanish translators is leaving in two minutes if there are any more speakers to speak in spanish>> next speaker. >> (speaking foreign language.) >> hello supervisors i'm jeanie also the property owner in san francisco i once i rent my housing for a family of four persons and they they earned enough money and buy their house in other places but let's one daughters and that daughters get maturated this year but this daughter we rent our unit at a thousand $300 including taxed that is to note for low for the rents i'm here to against this legislation thank you. >> i'm going to call i know a number of folks have left and some individuals may have spoken with the spanish interpreter i'll call the next number of speakers (calling names) i'm sorry, i can't read the handwriting (calling names) this is one card jerry (calling names) on the same card john and vivian (calling names) >> thank you. next speaker, please. >> good afternoon, supervisors my name is my case from the demayor academy on golden gate avenue i'm the contra chief execut

. >> thank you dom chu.to go to our chief expert. >> i'm the expert. >> and the jack in the box expert. >> and the jack expert. >> i haven't been to a jack in the box. i'm sure there is one in the tri-state area but i can't find one. but it is a great stock into the spring. and then they started returning earning and comps turned and once that turned the feel for the stock completely turned. then when valuation doesn't matter, now all of a sudden it does matter. it has to hold the $75 level off the announcement but you have to wait until november 17th earnings to see if it heads positive. >> extra chicken and no beans. and now they have the brown race and it is not my thing. >> noted. go pro. the stock getting hit hard. fallen 8%, saying the shares could fall another 30% saying the one product wonder and unlikely to recover from barren's, grasso. >> i think many of us have been like minded with bar ron's. i don't think it is a buy just dwret. still susceptible to pops. and the barriers are still there and i

thank you, dominic chu. >> we are a few hours away from the market open in china.rading day could look like with a reporter on the ground. that's next on cnbc, first in business worldwide. >>> we're just a few hours away from asia's markets opening. let's hear from someone on the ground in china with what to expect. joining us now by phone is andrew brown, senior correspondent for "wall street journal." it's great to have you on the program, andrew. and what are people there watching for signs as to whether the selling pressure continues? >> well, you know, i think people have come to the conclusion that the government has lost control, and they're really losing heart in government pledges to hold the line. it seems now that the government has stopped or at least is scaling down the buying and instead is changing tactics to intervene in the market. now they're getting really nasty on people they think are trying to manipulate prices. wave after wave of arrests. >> andrew, mike santoldi here. i wonder how much broad impact this has economically, on a consumer level

thank you very much dom chu. guy, this has been a moon shot. >> has been a moon shot but it's also sold off as b.k. just pointed out to me with his little b.k. machine t. it is holding the 200-day moving average it is rich on valuation. but against 130 or so you could probably play it from the long side next week. >> or even coca-cola. and speaking of investments in the beverage space. keurig green mountain kicking off our top trades tonight. two years after announcing a partnership with campbell's soup keurig is rolling out pods that will allow coffee lovers to whip up a bowl of hot soup in their keurig machines. this marking its first move beyond beverages. i don't know how it's going to taste. but what does it mean for the stock? >> chicken soup's always very healing. and this company's been apparently -- >> not with coffee. >> green mountain first of all is 20% off the bottom. what does that mean? it means it was way oversold. does it mean that the company is ready to go back up to even 100 bucks where it's f

we have a market flash now on verizon, dom chu?ey're going to pay even more in terms of their dividend payment. verizon announces they're going to boost their quarterly dividend by 2.7% to 56.5 cents a share. verizon saying they'll boost their dividend payment quarterly to 56.5 cents per share. they do note verizon, does, the ninth consecutive year that verizon's board of directors has approved some sort of quarterly dividend increase. very much a part of the story when investing any telecom, this time verizon boosting payout. >> dom, busy today. dom chu, thanks again. >>> coming up, calling his new strategy defensive/offensive. dan niles of alpha 1 capital partners is with us next for a look at his new plays. including a stock that's down almost 25% this year. everyone is looking for ways while to cut expenses.s unique, and that's where pg&e's online business energy checkup tool can really help. you can use it to track your actual energy use. find rebates that make equipment upgrades more affordable. even develop a customized ener

chu and stay. it may be cynical but they figure it would fall eventually anyway. nixon wanted to win some breathing room for the soviet meets government. he did and it was only 22 months before they fell. war was bitter and academics are going to fight over this for a long time because the evidence is contradictory. bobby kennedy said i will just get out of vietnam. i don't think he would have been i don't think he could have. you have 550,000 men there come a don't just get on a plane and fly home so there are a lot of arguments on this whole subject that i don't think nixon was out out -- i think the war was that it was a hello of a problem. when i read about it i struggled in my own mind to think how could this have been different and how could they have done it smarter and better? cambodia was a mistake but it was a hello of a problem. he inherited a war with half a million men but the fierce enemy who weren't going to give up no matter what and uncertain ally. ask president obama about how har

that will probably keep gold down. >>> to chu, nothing but chu. cnbc "market flash." >> i'm going to keep the green positive theme going at least for right now with shares of blackrock up by over 2%. credit suisse analysts are upgrading the asset manager to outperform from a prior neutral weighting. a nice run-up today for blackrock. >>> stocks at session highs, mary thompson at the nyse, bertha coombs over at nasdaq. mary, let's start with you. are you prepared for the whoopen my uva cavaliers are going to put on the irish on saturday in charlottesville? >> they're shaking in their boots in south bend, tyler. yeah, should be an interesting game. my irish looked pretty good last saturday against texas. the texas team wasn't looking so good. >> not so much. >> we'll be watching of course on saturday. right now the dow is very close to actually at its highs of the session just crossing that 16,400 mark. we've seen about a 30, 40-point rally in just the past ten minutes or so. we've seen today a kind of continuation of light volume trading and today

dominic chu taking a closer look. dom? >> some say yes, some say no, but the reality is everyone has got an opinion on whether or not stocks are overvalued right now. the bears and bulls both have cases. we're going to show you why maybe they could be correct, both sides of the equation. that's after the break. at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. this just in: 50 million customers' data was not compromised this morning in a security breach that didn't happen. wall street. not rattled. at all. no. not at all. not at all. i mean, look at the day. sir. sir. what went right? what went right? everything. thank you. with threat intelligence, behavioral analytics, and 6000 experts, ibm security will help keep you out of the news. my dad's company wasn't hacked today. cool. sometimes they just drop in. always obvious.

it was just making it back to the the dock. >> chu still rattled after it was a bigger splash than he planned on, putting the ring back in the zipper pouch. >> i'm glad i listened to him and didn't put it in the dry bag. it would be at the bottom of the river now. >> we have had good times and bad times just like the currents. surviving this, we will survive anything else. >> reporter: head over heels. steve langford, cbs 2 news. >>> police are looking for the gunman who shot and killed three people outside of a housing project in brooklyn, and investigators released surveillance video. >> reporter: this is the still- killed three people early sunday. he lingers neither recycling containers on the sidewalk at the ingersoll houses in fort green, brooklyn. in this video he runs away after the shooting. investigators were on the scene shortly avenue, looking for evidence. >> it's terrible. >> reporter: two of the victims were shot in the head. 76-year-old herbert brown was shot in the stomach and later died at methodist hospital. tony hubert said there's speculation in the neighborhood a

you live to the national press club to her from the chair of the national endowment for the arts jane chu on the activities planned for the fifth anniversary of the tablet. introductions are underway. ..

. >> and now, a pick chu, k cture picture, and so you don't have to wood the wall, because it is really looks real. we will put it on the website, and there is no pick chu, so we will put it up s can see it, but it does look real. >> okay. >> and a backpack with a charger so you have two usb ports, and you charge it, and put it right there in the backpack. and they want to keep that charger with you no matter where you go. >> and you know who s is the energizer bunny? the great jill martin. >> and now, the new song is going to get you in a very good mood. >> al roker gives it two thumbs up. i thought activia was for big digestive issues. until i realized our body handles a lot. 1,100 meals a year... 730 rushed snacks... add 300 stressful decisions... no wonder our digestive system sometimes acts up. so try activia! enjoying activia twice a day for 4 weeks may help reduce the frequency of bloating, gas, discomfort or rumbling. the best part, it tastes great! ooh, i think i saw dessert!... hey! steven stay strong! what's that? you want me to eat you?... honey, he didn't say that!... don't

our dominic chu. the second gop presidential debate hits primetime tonight.ent comments by donald trump have put former hewlett-packard ceo and presidential candidate carly fiorina in the spotlight. our john harwood sat down with her and discussed her battle with cancer, losing her stepdaughter to addiction, and how those tragedies have affected her. john? >> kelly, you know, carly fiorina said that there are a lot of similarities between the job of ceo and the job of president and how the decision that's you make affect ordinary people's lives. but she also has similarities to one prominent democrat thinking about the race. that's vice president joe biden, who has undergone just like carly fiorina has serious personal tragedies during a political career. here's carly fiorina with that. >> battling cancer was very tough. and it's a family battle. losing our daughter from addictions was even tougher. life is about going forward. always. so many people said to me you have to run for president, you have the kind of leadership you need. so i'm not doing it to ove

back over to you guys. >> dom chu, thanks very much.e adami, what do you make of the carnage in the semiconductors specifically? >> they've been under -- well, if you want to throw micron in there, micron is trading as if were drm prices were going to zero which may in fact happen at some point. i don't think it's going to happen in the next couple days. this overshoots on the up side and we said it just as well overshoots on the down side. you've got to stay away until those names stabilize. intel had a nice day the other day and it was a lousy tape but that's people just trying to play stock market. the one that sticks out like a sore thumb continues to be qualco qualcomm something's absolutely got to give in qualcomm. i don't know if it's going to be an activist, they split the company up. something's got to happen because this stock has trade poordly for the last almost 18 months. >> qualcomm has china exposure and in a tape like this even if something happens it may not be anything -- >> we thought we'd priced in all the bad news o

and the second question is also for professor chu. thank you. >> well, when things go well, many people claim responsibility. when things go poorly, this morning it was said that they bear a certain amount of responsibility for the poor state of the kmt campaign. i would argue that eric shu does share a good portion of that because of his decision not to run and seemingly not willing to try and adjust strategy partway through the campaign when it's quite clear it's not going well. as party leader, he is ultimately responsible for the way the campaign goes for the presidency and legislature. take place. this's the role of political parties to win elections. he's the head of the party and he has to bear a certain responsibility for that. that's in terms of personalities. i think. the mao fk or tactor reflects everything from his polling on people's attitudes, they are fighting an uphill battle at a time when opinion has shifted quite dramatically within the society i think. will the kmt come back? yes. it's well established party. in 20

i think it's high time the united states not be played as chu chumps. sometimes we just allow ourselves to be played as chu chumps. >> in that regard, what about our southern border? are we chumps? >> it's got be secured. we are chumps. you bet we are. we're chumps not only in the fact we've not secured our border we should do in less than a year. we build a road between british columbia and alaska, 17 years ago 1700 miles long and built it in less than a year. judge, we can get the border secure if we have a president with the will to do it but we have to address the fact that nearly half of all the people here illegally came legally and overstayed their visas. that has to be one of our highest priorities as well. >> governor mike huckabee, good to see you as well. thanks for being with us this evening. >> good to be with you well. >>> with us, white house security council under obama and fox news contributor, jillian. you say the whole crop of gop candidates are underqualified on foreign policy credentials. was barack obama qualified? >> that's a good

mollenkopf.n the honorable judy chu. mr. stephen chen. >> miss carol lee and mr.d baker. >> i am still on cloud nine. it is a custom piece of our spring show we just had in new honor to it is such an welcome the first chinese family. being of chinese descent myself. >> how did she look? how did she wear it? >> she wore it perfectly. astute andvery confident. >> will color was it? navy, as a metallic navy combination ensemble. >> the honorable madeleine .lbright an robinson. mr. james gorman. >> the honorable senator jerry tappanau. >> good evening, nice to meet you. it is my daughter-in-law, yeah. good to see you. mr. tim cook and mrs. lisa jackson. mr. shervin pishevar. mr. john lasseter and mrs. nancy lasseter. mr. william neville and mrs. connie neville. mr. jeffrey gettysburg. senator bob corker and miss emily corker. mr. david taylor and mrs. marcia taylor. the honorable sonja stottlemyre and judge josh colton. mr. darren walker and mrs. spencer. mr. robert eiger's. mr. rick stangl's and mrs. mary stangl's. the honorable jacob liu and dr. ruth schwartz. mr. m

yun-han chu. so our first presenter is david brown. dave, do you want to stand up? >> thank you, richard, for that introduction and thank you brookings and csis for inviting me to participate in this panel. as richard said, i'm a professor at csis. that's the capacity at which i'm speaking. i'm at sometimes misrepresented in the taiwan press as for speaking for someone else. i'm not. i'm speaking on my behalf. anyways, it seems very clear in the information that's been presented already that taiwan politics, which has gone through the last quarter century some dramatic shifts in political power, is in the process of going through another one. this process started with the '91 local elections. that seems to be carrying over into the presidential and legislative elections that will be taking place. i've been asked to talk a little bit about the campaigns, so let me do that. on the one hand, the dpp is a nominated candidate. she is a sophisticated personality with experience in both government and politics, the chairman of her party, and she is running with a united pa

. >> thanks so much dom chu.heard about trading firms, doesn't matter and trading activity has been higher. >> you want to know why the rallies are fading. that's why. these managers are getting cash calls they have to get out of position, you have all these rallies that will fail. >> they are not sitting on that much cash. when the dips come in, mutual funds are historically not sitting on as much cash so they are not the dip buyers. hedge funds are whipping around this market and more nimble and quick and you get volatility because guys aren't holding stock that long. >> overnight, the s&p futures were up 1% or more in the middle of the night and by the time you got in this morning, they were flat. people can spoof them a little bit and get the opening and people start selling equities. >> when resorts are getting hit hard today, kicks off top trades. a four-year low in today's session dragging the casino space along with it. las vegas sands, mgm, numbers rise lower by a brokering. >> $63 price target dan natha

news alert with dom chu. >> more bad news on the jobs front affecting the oil and gas patch. conoco phillips, the big innovative and exploration company, exploration production company, says it's going to lay off about 10% of its global workforce which equates to 1,800 jobs at conoco phillips. the company tells us, again, that it will lay off 10% of its global workforce, equal to about 1,800 jobs. another sign perhaps of weakness in the oil and gas industry. this time affecting a very large oil exploration and production company, brian. back over to you. >> we talk -- we just talked about conoco phillips as a stock pick in trading nation and the things aren't mutually exclusive and this is why i'm out there suggesting oil's price drop, i no gas prices are down and adds more money into taxpayers' pockets, i get that, but the amount of jobs this industry has created has been understated and not recognized for years and we see this kind of stuff and this is why that oil's price drop is not a 100% positive thing for the u.s. economy or workers. >> no. >> and i would just say on b

that simple screen, those are the stocks that come up. >> maybe an idea generator, dom chu.hank you, good work, as always. >> dom is always an idea generator. >>> talking about the overall market, the dow is currently only slightly below the session highs, gaining by 211 points right now. the nasdaq is up by 69 at session highs at 4,705. >>> let's get over to the bond market where rick santelli is tracking that action at the cme. hey there, ricky. >> hi, mandy. of course we know that the beige book is coming out shortly. maybe this beige book will garner more attention than other beige books because of the implications. traders already saying, listen, if they don't want to raise rates maybe they'll lean towards a dovish beige book and the districts will report growth a little less than average. i can't answer that but a lot of eyes will be glued to cnbc. intraday 2, virtually unchanged. the 30-year, you see the pattern is different and the yields are higher. the curve steepening a bit today. the 10-year bund overseas, same pattern. they've let us up, everybody's kind of idli

dom chu has been looking this over and not an easy task, dom. >> is not. these are wide -- more widely held because they are in thesome & p 500 large cap index but not amongst the most widely held, not the at&ts or googles or apples of the world but decided to screen for them. thesome and p -- the s & p 500, 500 companies in the s and pable looked for on the ones positive during that stretch since the close on august 17th. 500 stocks becomes just 17, guys. of those 17, we look for only the ones that still have year-to-date gains, meaning they not only weathered the storm here but still had some medium-term strength in the market. that 17 gets down to just five. here are the five stocks, all right? you got some great names. cameron international, smucker's agl resource and signet jewelers, up from marginal games, hospira, up to that 33% gain for cameron. now, three of these five companies have one thing in common, we are going to show you now, x them out now, hospira, cameron and a gl resources, agp, if you look at those three, those are all names that are

chu. >> thank you very much. >> two minutes. >> okay our spanish translators is leaving in two minutes if there are any more speakers to speak in spanish>> next speaker. >> (speaking foreign language.) >> hello supervisors i'm jeanie also the property owner in san francisco i once i rent my housing for a family of four persons and they they earned enough money and buy their house in other places but let's one daughters and that daughters get maturated this year but this daughter we rent our unit at a thousand $300 including taxed that is to note for low for the rents i'm here to against this legislation thank you. >> i'm going to call i know a number of folks have left and some individuals may have spoken with the spanish interpreter i'll call the next number of speakers (calling names) i'm sorry, i can't read the handwriting (calling names) this is one card jerry (calling names) on the same card john and vivian (calling names) >> thank you. next speaker, please. >> good afternoon, supervisors my name is my case from the demayor academy on golden gate avenue i'm the contra chief execut

back over to you. >> thanks dom chu. and you have to throw in bp. there are key differences in each of the stories. the bp one, it got prolonged they couldn't contain the spill, et cetera, et cetera, it was drawn out. >> and let's look at toyota. besides the auto industry, they had the bank of japan weakening the currency and so it got a tail wind from that. and maybe a similar situation with the fiat chrysler and you'll have a week euro which could help some of these. but there is some similarities but you have to take it into context in what is going on in the world. >> and could you bay volkswagen could be a buy. and it is a good point in terms of the easing and this hasn't killed anybody. >> and the biggest takeaway looking at dom's stocks that he pointed out and the charts, you're in no rush. there is no urgency to buy the stocks. they take years sometimes to flatten out or to stabilize. so i think it is obvious when they are ready to take back off or take off again. i don't think you are in a rush to buy them. i would not be a buyer of it. >>

dom chu has names for us. >> the folks at s&p capital iq crunch a lot of numbers. they take look at u.s. companies within the s&p 500 that have a lot of the sales exposure. business risk possibly. possibly to what's happening in china with the slowdown. among some of the names, first of all it's worth pointing out not every company breaks out their results by region or even specifically by country. so among the ones that do, check out applied materials. on the technology side. they make the equipment that makes computer chips is in essence what they do. they get about 18% of their sales as total sales from that china region. avago technologies on the technology side. gets about nearly half of their sales from china specifically. broke out china as a geographic region. and then wynn resorts, about 72% comes from macao properties so the china exposure, these are three companies. among other companies that broadly kind of break out their exposure in terms of just the asia pacific region, apac, dow chemical gets 16% of total revenues from the asia pacific region. ibm,

back over to you guys. >> dom chu at hblgds. so let's get a trade here. are they clean for a reason. >> they are cheap for a reason. but as dom said, if you go mgm, down 9% versus the other ones that are down more than that. but why no go to boyd or penn. >> so the makers of the gaming consoles. >> there is no exposure whatsoever and they are both up dramatically in a year where you would never think anything game related is up. i would stay with those two names. >> august 24th was the day the stocks printed raisy low levels an then rebounded. the low print for wynn was $72 and change and it is a $62 today. and there is something amiss with wynn. yes, i get valuation, i think can grow to 20% but the volume doesn't indicate a bottom and i think it goes lower from here. >> well casinos may have taken a beating according to our next guest one could see light at the head of the tunnel. managing director harry, it is great to see you. you point out in the latest note that mass revenues have recovered by vip revenues have not and they are showing signed of dete