but officials warn indonesia eswar on terror is far from over. >> even though the big fish of these networks have been caught, the next generation of militants have now formed smaller cells that can now execute plans iptly but still have the same radical views and goals as the first. >> bali is now thronging with more tourists than ever before. but the threat of terrorism still remains. 34 here hope they can finally close a chapter on bali's deadly day. >> the e.u. claiming this year's recipient of the nobel peace prize. joining me from brussels is your correspondent, chris morris. i wonder what sort of initial response you picked up from brussels. delight i suppose is eminent, but some surprise? >> yes. i think as you would expect, a mixed reaction is probably the best way to put it. those who run the e.u. institution are delighted. an award for all 500 million citizens in the european union. i think probably more than 499 million of those and counting would just shrug their shoulders and carry on with life as normal. but i think there's a symbolic aspect in all this. at a time when the e.u

i agree with eswar as well. i think there is a lot of bad news out there. but i think that most of that bad news is priced into the market. in particular, the u.s. equity market. i mean, we've been bullish on equities this year because of the fact that if you look at wall street strategist, equity allocations, they're the lowest they've been in over 25 years. so, i think there's a lot of negative sentiment built into the market already. valuations are still very supportive. and i do see the u.s. as the area of relative strength in the global economy. >> we're going to see new highs for the s&p 500, which stocks or sec are tors within it are the areas pushing the averages to new highs? >> i think that leadership in the market is going to be very different from what we've seen over the last decade. i think it's going to be the opposite. so, it's going to be the big cap cash-rich, kind of the anti-credit sensitive sectors of the market that lead the market to new highs. this means high-quality, large-cap stocks could actually lead the market. that looks very d