scarlet: keith parker is sticking with us. up next, we discuss the outlook for m&a and buybacks, which could be a huge driver for the s&p to get to keep 31.50. this is bloomberg. ♪ julie: this is bloomberg markets. i'm julie hyman. scarlet: and i'm scarlet fu. it is time for the bloomberg business flash. blackrock considering new funds that will amid gun makers and retailers. according to the company's website, the firm is working with clients who want to reduce their exposure to five -- firearms. asset managers as a whole are facing pressure after high school teachers have demanded divesting gun stocks from their pension plans. twitter says it is raising its goal of hiring more women to 43% by 2019. the company also says it ineeded its targeted increasing female workers last year. 8 -- made up 34 point 38.4% of all employees. slim fast foods could be up for sale. according to people familiar matter, theel -- sale is valued at possibly 400 million. that is only 17% of the amount paid for years ago. sales have fallen as dieters

keith parker welcome, you are i think the only strategist out there who does not like tech and it is rare strategist who does not like tech why not? >> long term and strategically, we do. i sat here february 5th when the vix spiked to 50 in those instances when you have those vol shots what do people buy, stuff that has momentum and growth we have seen tech outperform during the vol environment and now you see the momentum stocks fade and tech this the cross hairs of regulatory scrutiny and trade wars is a logical place to reduce exposure tactical. >> that's a tactical call. how long is the call on for? who do you need to see before you become positive again on technology >> i think you need to see valuations compress. to guy's point about earnings season, i think that is key as a point of support but also we are seeing value stocks about quite a bit better and around this time that usually starts to lead the market and i'm encouraged by the fact that the s&p equal weighted index outperformed through this last selloff meaning guys are taking off some of the winner and putting risk in

keith parker joins us to share s some of the n he feels could be affected the most. he is u.s. equity stregist at ubs. thank you for joining us. >> thank you. >> given ourve extenrade relations with china there are a lot of companies -- i saw yourpo research . there are like 50 companies on this list here. it is a cross section of all industries in the united states, rit? >> yeah i think we see the risk of risings tensi and sticker shock with $500 billion of imports from china. there's quite a lot that could play out. but we think that the broad fect of a more broad tariff is unlikely and what we are seeing now is potential talk of select tariffs on import of consumer goods. other things that we import quite a lot from china, cell phones, tech hardware, semis, apparel, et cetera, and then i think there is the risk of retaation, so thoseompanies selling in china or to china from u.s. on the export so i think both of those types of companies may be at risk. >> we put together some s the nahat are on this list. as bill mentioned, there are a lot of them. but there's -- really kind

we will be speaking with keith parker of one of the biggest pulls on the street as headwinds mount foryou can't always get what you want. that is the message from the u.k. prime minister theresa may. the former bank of england policymaker weighs in on the brexit ways and means commission. and the stock of foot locker slides as retail sales are jittery. tara reagan is keeping track of all the moves. initially, it looked like we would have another steep selloff. we are now hitting stocks again? tara: on improving picture, we were down 1% on the dow this morning, and as scarlet mentioned, t