gloria trevisan, anthony disson, hamid kani kamru miah mohammed hamid, raney begum, who husna begum,h douglas, stephen power, denis murphy, zainab dean, jeremiah dean. mohammad alhajali. khadija khalloufi, marjorie vital, ernie vital is ebrahim, gary maunders. we will rememberthem. vital is ebrahim, gary maunders. we will remember them. let us pray. 0h god, you do not willingly grieve or afflict your children. look with compassion on the suffering of these families, and of this community, in this time of loss. mehdi el—wahabi sustain us in our anguish, and into the darkness of grief bring the light of your love. throuthesus christ our lord. amen. all: amen. before reading, i have been instructed to say something for myself, and we all know, we end up doing what clarrie says. in a way, coming here from your, has felt like intruding on other people's grief, like trespassing others‘ holy ground. but the reality is what happened a year ago affect trade us all over the country and all over the world. friends in africa asked, how can this happen in one of the world‘s most developed countri

oksana: i'm always here to create dissonance. i would agree certainly that we n widening. investment grade is down almost 4% this year. that is really being affected by three major factors. seen thesey, we have numbers. repatriation is another big one. many of those funds were held overseas in investment type investments. so there is supply coming in there. and as krishna mentioned, less demand from overseas investment. ,he interesting thing, too currently about 14% of the investment grade space has over four times leverage. part of look at the bbb investment grade, which is the lowest part, there is four times the volume there than high-yield. historically, that ratio is at about two. when you think of a downgrade cycle, you think, can that bleed into supply in high-yield, given the overhang has gotten so big? jonathan: is that something you are starting to position for, just aching about -- thinking about? oksana: our position right now is quite conservative. we see these tipping points across different markets and valuation do not have enough room in them for the kinds

oksana: i'm always here to create dissonance. i would agree certainly that we have seen widening.nvestment grade is one of the worst performing parts of the market this year, down almost 4% this year. that is really being affected by three major factors. m&a activity, we have seen these numbers. repatriation is another big one. many of those funds were held overseas in investment type -- investment grade type investments. so there is supply coming in there. and as krishna mentioned, less demand from overseas investment. the interesting thing, too, currently about 14% of the investment grade space has over four times leverage. when you look at the bbb part of investment grade, which is the lowest strength, -- lowest ing, there is four times the volume there than high-yield. historically, that ratio is at about two. when you think of a downgrade cycle, you think, can that bleed into supply in high-yield, given the overhang has gotten so big? jonathan: is that something you are starting to position for, or just something you are thinking about? oksana: generally, our position right n

oksana: i'm always here to create dissonance. i would agree certainly that we have seen widening. investment grade is one of the worst performing parts of the fixed income market this year, down almost 4%. it is really being affected by three major factors. m&a activity, whether it is walmart, flipkart, we have seen these numbers. repatriation is another big one. many of those funds were held overseas in investment grade-type investments. so, there is excess supply coming in there. and as krishna mentioned, less demand from overseas investment. the interesting thing about it, too, is that currently about 14% of the investment grade space has over four times leverage. and roughly, you know, when you look at the bbb part of investment grade, which is the lowest string, there is four times the issuance -- not the issuance, the volume there than high-yield. which historically, that ratio is about two. if you think about a downgrades cycle, that raises the question of, can high yields start to absorb? at what point does that bleed into high-yield given that overhead has gotten so big?

enough for people to start with it where we're like a tick that is so dug in you know your cognitive dissonance gets to decide then again maybe the tickets are good. this tapeworms got me losing weight. anyway what does the good news of our two hundredth episode have to do with the bad news that we're filling our oceans with plastic absolutely nothing but i figured you would be the chaser after hearing we're all going to suffocate on a pile of plastic bags coralie straw isn't camp on applicators are either but i think i can taste a little bit of plastic right now i think. since the nineteen fifties humans have created eighteen point two trillion pounds of plastic that's equivalent to eight hundred and twenty two thousand eiffel towers worth of plastic but no one ever gets engaged in front of those lost it's unclear how long it will take for that plastic to completely biodegrade into its constituent molecules estimates range from four hundred fifty years to never answer your old dildo maybe floating the seven seas bird eternity no longer just and right now a real pirate. wearing it over with one

enough for people to start with it where we're like a tech that is so dug in you know your cognitive dissonance gets to decide then again maybe the tech is a good segue. because this tapeworms got me losing weight. anyway what does the good news of our two hundredth episode have to do with the bad news that we're filling our oceans with plastic absolutely nothing but i figured you would be the chaser after hearing we're all going to suffocate on a pile of plastic bags coralie straw isn't camp on applicators are either but i think i can taste a little bit of plastic right now i think. since the nineteen fifties humans have created eighteen point two trillion pounds of plastic that's equivalent to eight hundred and twenty two thousand hours worth of plastic but no one ever gets engaged in front of those lost it's unclear how long it will take for that plastic to completely biodegrade into its constituent molecules as the means range from four hundred fifty years to never answer your old dildo maybe floating the seven seas for eternity no longer just and right now a real. wearing i a patch over it

not trying to criticized disson or marconi, they did amazing things, but tesla did as well. these are few pictures of him as he ages. you get some sense of him. through the idealism the hogue he bring power to ann around the world freely. thought he would create robots that would eliminate drudgery. basically driven by inner forces that felt that sheer creation was the most important thing in the world, and i would argue that we all are the better for it. so thank you very much. [applause] >> we have time for just a few questions. if anybody has questions but tesla for our guest author. yep? >> hi. in your book it seems like outcome speak of his brilliance, but you mentioned any of his ex-sentriesties. >> he made a lot of mistakes. not long after the wright burglary flew their airplanes he ceremonies cannot make it. they're too heavy. said he zeppelin. >> tess la thought the split an atom and no energy came out so it's atomic power is bunk. won't work. he thought that cosmic rays could go faster than the speed of lying. so he got things right but my point was that his battin

is going to allow that no country is going to allow that and there is a certain let's say this dissonance between the way we're talking to north korea about a a nuclear agreement and the one we just tanked with regard to iran and it's interesting to me that mr pompei of the secretary of state seems to be the one really driving this progress with korea to get a certain kind of agreement which is very similar one with thing to the one we just trashed with iran of course mr pompeo is the lead voice on that so it is a little odd that we seem to have two very different standards about what a verifiable agreement on nuclear weapons would look like all right certainly at odds indeed it's sometimes interesting to figure out who's trying to figure out what here in this big puzzle of ours jim johnson former u.s. diplomat you're the one who helps us get this puzzle in order thanks for being with us here on our to international. thank you. all right three economists who worked with the french president on his election campaign last year are expressing their concern over what they see as increasingly

so to conclude here, when people come to our lab, what we notice is this dissonance. and the dissonance is they arrive at the lab and they say, i get it, i get the amazon recommendation engine and, you know, siri. remember, sirri is just a prediction machine. siri doesn't understand what you say. siri hears an audio signal and predicts the vector of words and predicts the response that you want from what you said. and so people say, i get it, these are very clever, they're amazing, but they're not transformational. these are not transforming any business or any economy. but on the other hand, this is a chart of venture capital into a.i., you know, a very steep curve. in the last two quarters of the obama administration, the white house released four reports on how to prepare the american economy for what was coming around the corner with a.i., as far as we know, what we can find, it's the only technology where the white house has released four reports in two quarters since the second world war. then there was the google announcement followed by a series of other compa

that dissonance is a concern. vonnie: are they buying more, are they holding put?hristopher: we are doing a couple of things. we talked about how could the fundamentals are and getting clients to remain well diversified. concentration is poison in this market. inside the u.s., it is the story around higher margins and operating leverage. we think the capex story will be more focused on technology. the technology is going to head up this year and next year. outside of the u.s., we have fundamental changes going on in europe and in japan where debt levels of been reduced greatly. balance sheets are cleaner and there are trading at big discounts for political reasons. longer-term investments might have bigger opportunities outside the u.s. we are story go more in the u.s. and more outside. caroline: i'm going to pick you up with the technology. you say the outperformance -- it is phenomenal over the five years. you see the chart that shows how much they have distanced themselves in performance versus the s&p 500. where in technology are you looking if it is not facebo

when the good news betrays their emotions may creates a cognitive dissonance a create so much turmoilhed a guy on cnn. he looked like he was going to implode. i won't say his name because 's a nice guy. the criticism will be familiar. past criticism of trump about other things unrelated north korea. what about cuba? what about-ism. this is what happens when you can't argue the central merits of a story. you go after other stuff. >> kimberly: dennis rodman on another network was quite emotional. he said listen, i tried to tell you this was someone w wanted peace, wanted to be rzed and he was willing to do this. he went over there and got to know him. people are criticizing dennis rodman about it. greg. >> greg: i was a critic. >> kimberly: thank you. being honest. it was an emotional moment. he said this is someone i know in the world get the chance to know him too. if we can do something positive and denuclearized, who wouldn't be for it? >> juan: i agree with you. i think with rodman, it struck me as so self reverent. he said he was upset with obama because obama wouldn't meet with t

it's the craziest dissonance and cruellest, too. do you think donald trump is going to reshape this country? >> he's doing it with a tax overhaul, as max mentioned with tariffs before. issue after issue. what's so interesting as you step back and why i wrote that column, is he's doing all of this when he has such a tenuous claim to a mandate. when you look at the way he was elected, if he was a normal person he would govern with some humility and bipartisanship because he would look at some of those numbers and that was in the climate i mentioned in the column. he had a very flawed opponent. we know he had help from russia. we don't know whether it was consequential in terms of the outcome. we know from most analyses that comey did toward the end probably helped him. nothing about the way he's governed reflects that, and i think that's what makes his opponents so incredibly crazy and what makes this feel so surreal to so many americans. >> very interesting. he said in the coming decades or in a generation or two this country may be

it's one that i think was very dissonant.t jailed children wearing a coat like that. >> jonathan capeheart. michael, you were many charge of messaging at the rnc. at the end of the day, to some people this does matter and does deliver a message. >> it does matter. i think jonathan put his finger on it. the deliberateness of it. the white house is saying this was a message to the media. they very well may be. unfortunately, the context in which you are wearing that matters. you're wearing that going to see kids at a time where those kids are being imprisoned by your husband's government and your husband is really indicated through his attorney general and others that they don't care. >> the bottom line is it's what people are talking about and not the trip. >> that distracting from the whole thing. >> thank you very much. w we appreciate it. >>> torn apart. the story of a father sent back to el salvador without his daughter. richard will join us next right here on andrea mitchell reports. you're headed down the highway when th

to point out yesterday donald trump brought up the whole space army thing, my problem cognitive dissonanceevel, basically saying out of both sides of his mouth, we can't afford it but we can afford a new space army. trish: can't afford to bring in all the people to give them welfare. i don't have a problem investing in technology that can help us as a country. >> i don't either. trish: but you know, when we question do we want to really become a welfare state? do we want to become -- >> no. trish: the united states of europe? or do we want to become historically we've always been and -- >> he can change the policy with one phone call. he really does. >> he tried with legislation. and they do not want to get to the table for legislation. i will note this real quick, trish. this is going to be the only republican that is going to give you amnesty, i can guarranty you that. because it is, he is only president that could go back to his base and say you know what? i cut a deal. a lot of republicans would got a lot of heat over . trish: and i think his bay, dare i say, this is where leadership c

. >> seth: mmm-hmm.ls >> iwrote a scintillating article on the operational dissonance of the unrelated google was just the thing. and it seemed to me that no one would read a romance novel by >> seth: right. [ light laughter ] >> so, i came up with a second name. >> seth: siously. by the way, it seems like if you were writing the tax one -- >> yes. >> seth: -- you wouldn't have time to write the suspenseful romance one. how did you multi task to get 'em both done? >> i'm very flexible in my wr >> seth: okay, gotcha. [ laughter ] i do want to ask about "rules oe enga." >> yes. >> seth: this is your first book? >> this is my very first book. >> seth: okay. and what was the inspiration for "rules of engagement"? >> my ex-boyfriend -- i read his dissertation. he's a chemical physicist. we were still friendly at the time he sent to me. we're still friendly now, too. i wanna be clear. t but at te, i read his dissertation and he had this interesting chemical and it became the premise of the book. what i decided to do was to make it a spy nel. but i remembered i was angry with him so, he nguis

it's one of the earliest lessons very easily dissonant in one way, shape, or form or another so it'st jihadist. even your more progressive denounce any participation of politics. showing someone who is success with regard to the responses in britain, people use kickboxing as means of you radicalize initiatives. .. the very big thing he's done, if you are a woman in the case, you can retain your kids without going to court. this is a new thing that's way ahead of most arab states. how big a deal is it that he's doing things most liberals would find abhorrent but he's also done a lot of big things on this religious issue. to what extent do you see these ideas as being part of your radicalization what you see these ideas as being part of the problem inorkew city, and if the saudi is able to put this toothpaste back in the toothpaste holder, is that a big deal or not? >> so i don't think it's going to be effective in preventing radicalization because i think essentially at this point, the reinterpretation of the, i don't think it's a genie that can but put back in the bottle. ethical pro

and the growing dissonance between these two centers of jewish life -- which is really what you're describing, david -- is increasingly painful for me. and i feel that i'm seeing the project of my life which was really to try to be a kind of an interpreter to these two communities, and i try to play a similar role to israelis out speaking about american jewry. what has happened since i left, the last 30 years. the renaissance in parts of the jewish community. and what are the hurts and disappointments toward us, toward israel that american jews, i feel, are rightly expressing. so i've been a kind of a simultaneous translator between these two very different jewish experiences. and in one sense, angela, you know, i think that there's a built-in disconnect between the two communities that is simply unavoidable. and that is that we live in opposite geographies. in america you live in the freest and most accepted diaspora that jews have ever experienced, the most welcoming. and in israel we live in the most hostile region, the most dangerous region on the planet. and so each center of jewish life

the growth numbers that are expected are not dissonant with a fed funds rate around 2.5% or 3% with thedoes the fed get concerneand feel it has to break the economy. >> mike, there's historical precedent for this, right? go back to the '90s. >> absolutely.e's no doubt thatn coexist. i do think, though, it's instructive to see how we got to this point in this year. the ten-year yield went from just or 2% labor day to 2.7% everybody was bullish about the stocks and we were testing the lie stock versus bd valuation that has been in place this cycle, and it broke the market temporarirly we had that correction we're mostly back from it but not entirely so i do think while it makes sense to say this economy can handle appreciably higher rates, the way we g there, how fast you get there and i think the adjustments along the way are also going to matter, with all due respect to paul tudor jones who i have no personal connection with of any sort, investors of his generation all believe this. they all feel that rates are artily low, they should be higher, 2% doesn't look right to them on a lot of

talk about the finding what cognitive dissonance is -- they seemed to absorb the facts that supportedver views they wanted to take, allowing them to be unchristian, but support themselves as christians. an donot sure how you c battle with that people are unwilling to accept what is the truth. they will make up their own facts, or take facts that justify a very bad position. so they can feel good about themselves. that is about the worst thing you can do. i applaud you for your patience and your ability to absorb that kind of abuse that was being thrown out to all of us. thank you very much for your patience and your kindness. host: from new york, republican line. ian is next. caller: good morning. a lot of the kids that are coming across, these are not even their parents. they are gaming our system by seeking asylum. it has gone up like 70% or 80%. loopholes,these whether from lawyers or a long time ago, they are told how to come across, where to cross, and what to say -- and these are all things. away,kids are being taken the 2000 out of 12,000, they are probably in safer hands than

people to start so we did it where we're like a tech that is so dug in you know your cognitive dissonance gets to decide then again maybe the tech is a good. place tapeworms got me losing weight. anyway what does the good news of our two hundredth episode have to do with the bad news that we're filling our oceans with plastic absolutely nothing but i figured you would be the chaser after hearing we're all going to suffocate on a pile of plastic bags coralie straw isn't camp on applicators are either but i think i can taste a little bit of plastic right now i think ahead since the nineteen fifties humans have created eighteen point two trillion pounds of plastic that's equivalent to eight hundred and twenty two thousand hours worth of plastic but no one ever gets engaged in front of those lost it's unclear how long it will take for that plastic to completely biodegrade into its constituent molecules estimates range from four hundred fifty years to never answer your old dildo maybe floating the seven seas for eternity no longer just now a real. where in your eye a patch over at one. and you