one of the s smart voices i spoke to was mike gill. soded a positive note, saying it was sad to see wh was h happening this week butut working with governor hogan, determined to move forward. he says it will take all of us, not just one city, but the entire regio we all read thwashgton business journal and thehey often take a political pulse. thiseek they asked what your opininion was on going to baltimore. will you cancel your plans, will you continueue to go and not let it a affect you, or wilill you go and beore cautious? i votethat i would go t be cautious. it is still in the beautiful city it was fufull of promise. i was surprised to see that 67% for r canceling their plans. don't do that. lets say this is your tv and these are the channels you pay for with cable but these are the types of channels you actually want to watch what if you could pay for what you want, and not for what you don't so you could get kids channels sports... or entertainment mix and match, or get them all. now fios brings you a totally new way to customize

. >> and after speaking to mike hanna we got analysis from gill hoffman. he said that lieberman made the move because he does not believe that netanyahu is right wing enough. >> he claimed that netanyahu intended to go forward with the creation of a palestinian state. that he did not intend to build in areas of jerusalem and west bank and continued settlement freezes and lieberman says he believes that netanyahu intended after internal party issues are settled and in the labor a party bring eye stock herzog and the left into the party. he explained it as a purely ideological move and i might add it's very personal. there has been a lot of bad blood between netanyahu and lieberman for quite some time. >> the u.s. secretary of state john kerry has pledged millions of dollars in aid to help kenya host somali refugees and to fight the armed group al-shabab. kerry is in kenya meeting with the country's president kenyatta. his fifth after 148 students were killed in a kenyan university. >> we're proud of the fact that we're perhaps the largest donor in the world

mike: where do you see it? stephen: consumer discretionary macy's, amazon. the health care names which had a nice bullback here, as have the discretionary news. the health care news have all pulled back. gill at 10 times earnings. the tech stocks look good to us. and the financials. j.p. morgan trading 10 times. big beneficiary of higher rates and improving economy. i think -- i think people are pessimistic. 2008 2009 was a crisis. everyone thinks we can't keep lasting. bob: you think we are haunted by what happened. stephen: i think we are haunted. bob: i'm haunted. i see -- you say clear sailing. i want to know what's the one rock up ahead that you are a little concerned about. i don't want to rain on your parade, but what's that one thing -- mike: the iceberg. stephen: there are plenty rocks out there. one is china. a crash in china would be bad. slow growth is fine. we are not big investors in china right now. other than some of the smaller caps stocks. generally speaking china is not a great destination for equities. but we do have a giant amount of money out there to engineer a soft landing. but a blowup in china would be a problem. we don't see it happening. europe could blow itself