still with us, savita subramanian, and diana amoa. savita, what is your take?ta: i like them both, actually. [laughter] savita: i think health care is poised for it. offor a period outperformance. it has gotten great revisions. this quarter and last quarter, we have seen record earnings surprises. fundamentals are bedrock. alix: we have a full screen we can pull up if you can walk us through it. savita: yes, basically we like it -- it has generally seen lightened positioning over the last couple years, based on political risk, based on the idea that tech is the only place you can get secular growth. it is defensive. just in case you were worried about the cycle turning. health care is a defensive area of the market. is view on u.s. stocks constructive, so we like the s&p 500. health care is actually a better way to play defense than staples or utilities, which are much more expensive at this point. i look at health care and it has everything you want. good valuation, contrary and positioning, and it is -- contrarian positioning, and it has seen good fundamental

values in other regions of the world that's beaten down on trade risks >> absolutely, i agree with savita in the markets are better they are better coming in than they wobble with turkey and other related issues >> you say that with investors and looking for investment return in dollars. >> absolutely. we think u.s. investors have a solid home country buys. their allocations into international stocks are lower than what those stocks represent in the global complex. retailing investors especially should be increasing the national >> where in particular >> valuations are the best in t emerging markets and things can turn around than places like europe brexit we know it is an extended affair >> with emerging markets, they'll get hit more, they take a bigger hit when the u.s. feds raise interest rates >> clearly policy in the u.s. have an impact of emerging markets and flows in emerging markets. having said that because of reserve situations and other considerations, policies and things like that, i think that's going to be more mitigated yes, we are going through that phase right now. once t

retail sales numbers hitting at 8:30 also macy's out with its earn g earnings and savita subramanianhave a lot to talk about with h her, too >> i am working on something, i don't want to reveal too much, but looking at your favorite topic why there's so many big sharks close to the beach this year >> no. >> i'm not kidding your girl mary >> i do. mary, the 16-footer. >> have a great day. still ahead, snapping the slide. that's what stocks did yesterday thanks to the turkey thaw. more on what you neat to watced ahead. >>> stock futures losing a little steam down 63 right now. not a big slide, but down 40 a few minutes ago. >>> the guy sitting to my left, drew mattis managing director at metlife investors. a lot of worries out there, turkey, china, north korea but structurally, not to harp on it and be too optimistic, there's a lot of good things happening in this country right now. >> well, you know, there's going to be more small business owners were saying this is the best time ever talking about how hard it is to find employees, which should be good for wages going forward today yo