to all staples, the xlp and then there's this.ical form this is a bad month. we just heard it very bad may what has coke done it has done that versus the staples versus the market that kind of performance means something. here is the simple last chart. what i think we will do, make a slight new high. and/or hold up better than the market either way, this is a place i want to be long. >> come on back, carter. mike, what's the trade >> yeah. so coke is an interesting situation amongs staple stocks from a fundamental standpoint one of the reasons we have seen it lag its sector has to do with secular trends, their business of selling soft drinks that hasn't exactly been the most favorite place to be. obviously they have been facing a lot of competition however, i do sort of suspect that that weakness may actually have leveled off here. and the other thing i would say about coke is like many of the other staple stocks these things have bond-like volatility, which is to say the volatility is exceptionally low. the price of the options i

with her family's band, the staples singers.uccessful now than you ever were in some ways. >> i am, i am. >> that's kind of amazing, really. >> isn't that amazing? >> at 80. >> at 80. i'm supposed to be going on in. but i'm coming all out. >> the birthday party at the apollo had an all-star guest list. david byrne performed a talking heads classic with mavis. ♪ >> john batiste joined her for a staples singer classic. ♪ i'll take you there >> the concert drew jason isbal. >> i think may have sis one of the greatest singers and interpreters and song writers, ever. >> nora jones. >> she's an amazing artist. a warm, sweet human as well. >> and rising star maggie rodgers. >> have such a reference for her that i couldn't not come, so i had a chance to celebrate mavis. >>. >> i want to be like that at 80. >> i want to be like that now. >> the apollo was just the beginning of the celebration. >> you know, one party you're having three parties. >> check that out. one would have been enough. i mean i've been around a long time. >> so -- i

. >> shipping to staples has been a month-to-month sector. but as a group helps push the market to all-time highs, jim cramer isn't sure if surging staple sectors is good news. take a listen. >> now, a lot of the stocks that are going up in this particular leg of the market are the ones that are going up are the ones that are about to go into recession the stocks leading the rally are proctor & gamble and they do not go up when the economy is on fire >> what do you think of p & g? >> listen, it was a great discussion by jim in favor this morning. i was watching that and i immediately started looking at proctor & gamble you know, it is a stock that we know that investors have kind of just -- i don't know, just run into this thing. you know, it's up 10% over the last month alone, but it's up 21% on the year. it's up 58% from its 201 2018 52-week lows here, and here is a stock that's trading at record-high multiples, i mean decades-long it's trading about 26 times trailing, about 23 times forward. you are getting that forward, you know, okay, yo

>> i think it is the biggest, the largest component in the xlp that is the staples ltf. to me it's a very, very crowded trade. >> waste management, public services - >> if there are stock specific issues in this when they report next month, it will be down to 100 like that. >> some of the crowds are hedging or exiting some of the positions you talked about, the rates and some of these places the people that own these things have been paring back these positions and hedging them >> check out our website optionsaction.cnbc.com check out our super-cool newsletter what are you waiting for here's what's coming up next >>> maybe you should try a different bank a big bank. >> great idea. lucky for you, mike khouw has a big bank stock he is betting on for a big breakout >>> plus, calling all "options action" fans reach into your pocket, grab your phone, and tweet us your question @optionsaction. if it's nice, we'll answer it on air when "options action" returns. ♪ ♪♪ ♪♪ ♪♪ the first survivor of ais out there.sease and the alzheimer's association is going to make it happen. but w

. >>> normally safe consumer staples -- sort of a tongue twister -- have been on a tear this year.p 15% but as today's big drop in general mills signaled, that party could be over. trading nation will tackle that next. >>> and a big move in the price of oil today and a lot o adnes. we'll get the final trades as "power lunch" rolls on my degree from snhu has helped me tremendously. the flexible class schedules allowed me to go to work full time, run my catering business and be a mom and parent. when i reached this accomplishment, it was like, it's here, it's happening, it's now. we at southern new hampshire university are the ones who succeed. we are the ones who break through. your daily dashboard from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. >>> welcome back to "power lunch. i'm mike santoli at the new york stock exchange could the party at the pantry being under threat consumer staple stocks sitting near record highs but general mills getting crushed toda

mavis staples and ben harper are on the way.alloween costumes. she's princess jasmine in the new live-action version of "aladdin," with will smith. please welcome naomi scott! [ cheers and applause ] ♪ >> jimmy: good to see you. >> so good to see you. >> jimmy: my wife and our two little kids watched your movie and boy, i mean, it was a huge hit with the whole family. it really was. >> how old are your kids? >> jimmy: i don't even know. >> fair enough. >> jimmy: i have two younger kids, two and almost five. and my daughter is the one that's almost five. and you did a great job. you realize you're doomed to be princess jasmine every day of your life from now on. >> it doesn't quite feel real. there was one time, we were just in aman and we went to a screening and surprised girls. the little girls attacked me. i was like but luckily i love kids. could you imagine? that would be awful if i didn't. and they just attacked me. i was like wow. like, that felt real. i was like yeah, this is -- this is amazing. >> jimmy: get ready for th

john joined her for a staples singer classic. the concert also drew. >> mavis is one of the greatest pfr. >> she's just a warm human as well. >> reporter: and rising star mag any rogers. >> i have such a reverence for her i could not not come. ian 80. >> reporter: the a poll low was just the beginning of the celebration. >> you're having three parties. >> check this out. one would have been enough. i have been around a long time. so it really should be five. because i have gone from 8 to to 80. i was 8 years old. >> mavis started sunging with her siblings in the staple center. the the gospel group would march with mlk and provide the sound track to the civil rights movement. before scoring a string of targets in the 1970s. mavis' latest solo album pays homage to the early years with the cover foe toe taken by garden parks in alabama1956.gir standing there. they just want to ride on the height. >> they just want in. ep lit red sisnd i. we tt the cto t the beach or play on the grass in the park. i just felt it. i felt that picture.

you're getting different leadership, rotation, we saw staples break down, we'll talk about that later in the show the bottom line is if you're looking for a place where market participants and again they don't have to be all, you know, full steam ahead in terms of the global economy back on, enterprise spend, et cetera, et cetera, i think you can be tactical on semis. >> what if you're trying to get in ahead of what could be positive headlines out of osaka >> i think the names that had huge runs, limb research, i think those make sense they're still significantly off their all time highs which were probably made last year. we have the bitcoin baller on the desk tonight to your right, and we're lucky to have him. >> where is he >> amd is beating intel but there's a sort of asymmetrica l tale, i don't think it's coincidental that as bitcoin has rallied a couple hundred%, amd has gone from 18 to 30. >> if you think there's going to be anything incrementally positive coming out of o saka, things went fine, we enjoyed each other at dinner, right now no tariffs stocks continue to rip. >> th

>> i like in the staple side but i don't like the staples i like walmart and costco and because you have growth there, but i actually have been also barbelling with materials, with industrials, because look at the dollar it's been interesting to see today what's leading it is industrials, materials and staples because they all benefit from a lower dollar too and they have nice yields >> which sectors would you like to be exposed to now >> a healthy balance between growth and value i still like technology for a longer term secular trend. i like energy. i think the sector very healthy. financials may have some opportunities out there. >> why financials? what's the opportunity that you see? >> balance sheets are good when we think about the yield curve it's flat. but if you look at deposits, banks are paying you a whole lot less to hold cash than lending out. >> oil is on the up. less than a percent after we got new sanctions on iran, a bold move to sanction the ayatollah what's going on with energy stocks and the underlying commodity. why aren't we seeing a bigger price move >> a lot of in

so now, i'm saying what do we use as our theme as our staple, so i'm going to ask you to vote on it. i'm going to go, make america great again and keep america great. let me just here by your cheers, what you like so in all fairness, make america great the greatest of all time. i really believe that the greatest of all time, how do you give up the greatest of all time with a new thing, because you know it's gonna happen? if i do it with a new theme, i give up the greatest of all time and if i lose, people are going to say what a mistake that was, but we're not going to lose.

staples andutilities hit new highs again today, we ask, what's it mean for the bigger picture? "the half time investment committee" making new moves as wall street analysts make key calls on micron and caterpillar. plus, we're taking your questions. "the halftime report" with scott wapner >> joe, amy of chevy chase trust and j.j., with us today. let's begin with the markets stocks digesting another move into the record books, setting up for what lies ahead there is a lot for investors to consider the looming meeting between president trump, president xi increased tensions with iran, and earning season in the not too distant season we set another new record for the s&p. tech hits an all-time high today. that's been the second best performing group this month. >> and i might finally get steve into the camp where he thinks we'll see rate cuts but that's clearly what the fed told us yesterday. the table is set for them. now that's jaw boning. when they do it, that will be something else i already have a bet for dinner with steve i think he's going to have to pay off on that. >> unl

absolutely staples are so expensive right now.the reasons why i like walmart because it's trading at a discount to kind of ali like the staples peers it's not that cheap but it's a lot cheaper. >> it's also staples like proctor & gamble and mondelez that are growing >> i have sellers remorse on p&g, what a great job they've done but it's trading at 24 times and that's a very hard when you're going to see only about 2% or 5% organic growth. >> on the netflix score, the sup sub heading of the wolfe quote is you can buy netflix and disney if you do go through their bear case, if disney plus does take from netflix, then you've got some downside on the stock they just think that disney plus is going to offer a different service and not cannibalize netflix. that's the risk, though. >> i think they both can coexist but i think disney does get much more content rich and that will be much more competitive to netflix and then you have to decide, do you want -- what kind of multiple are you willing to pay for that and netflix is obviously tr

facebook is a consumer staple. we know it is addictive and bad for but we keep going there.p at the same time, that is confused message, don't you think? i don't know. rob? >> said industrials also. staples, industrials, real estate investment trusts is income. search for income. search for yield. some of the best dividend payers are in industrials. real estate investment trusts. that makes a lot of sense when rates -- >> there is not an alternative. charles: in real estate you've got stocks like crown cork which was downgraded but i love it. american tower, people want to play the communications trend, 5g trend. i don't see how you can go wrong with those stocks considering the yield they pay. >> completely agree. you have the growth story and yield, charles. best of both worlds right now. charles: thank you, guys, very much. hope next time you come on we're up over 400 points. can you promise me that? >>> more serious note, more troops are heading to the middle east, there are fresh images both of those attacks u.s. says iran is to blame for. the question will it take, wha

feels like a miss by an analyst in a catch-up trade. >> it's not that normal to see a consumer staple25 times earnings there's a lot of goofy things going on here. look at our cash flow. we can buy back shares or raise our dividend but when you look at a stock that's a consumer staple, a sleepy stock and you're at 25 times earnings, again, you wonder where the defensive money -- whether it will keep plowing into these things. >> all right we have about 30 minutes to go here are the three things driving the action right now which is higher? it is the last day of a very strong first half of the year for stocks banks and small caps are leading this charge. and there are hopes out there for the trump/xi meeting at g20 happening tomorrow morning >>> contessa >> here is what's happening right now. james alex fields jr., an avowed white supremacist who drove his car into a crowd of anti-racism protesters and killed one during a white nationalist rally in virginia, has now been sentenced to life in prison. his mother is seen here arriving at court >>> democrats were quick to criticize preside

. >>> also, the investigation into whether the price you pay is too high for a dinnertime staple. hope you can stay with us >>> back now with breaking news. potential new trouble for boeing and its grounded 737 max this time, it involves the software fix that boeing hopes the faa will soon approve. tom costello covers aviation for us. what can crow tell you tell us? >> reporter: they've found a problem with the new software that's supposed to address a potentially deadly flaw with the max. the problem tied to the plane's flight computer, affected the faa pilot's ability to quickly recover from the kind of emergency that caused those two fatal crashes overseas this new issue described as potentially very serious, boeing tells nbc news it believes another software fix can address the problem and safety remains the highest priority but sources say boeing can't fix this quickly, it could mean a much longer delay before the max is approved for flight, united airlines became the latest airline to say, it's not planning to have the max back in the fleet before september 3rd. lester >> al

it has become a staple of american society ever since. laura: why dyou think fast od is so enduringly popular, whether it is a ballgame or a road trip? adam: there's something about fast food, its democraticch acter, it is not prentious, it does not hav any cultural signifiers.of it is very muche mainstream, and i think that really speaks to its appeal. you can order pretty much whatever you want when you go eat fast foo there is generally no judgment. ere is something kind of special about that experience. it is universal. 96% of americans eat fast foodar every 80% every month. it is across all demographics insanely popular. it is a phenomenon.la a: speaking of a phenomenons, in your book you speak about the doritos-flavored taco shell. how did that come into being? adam: it is a wild story.t i speak absuperfan who lived in arkansas and was watching a taco bell commercial while eating doritos, and dreamt up thedea of creating a shell. taco bell had tried to create this product at one point, and they put the idea on hold, and they were bu

of course fresh fish is a food staple for both the locals and the hordes of terrorists. but diving instructor take wilson says the fishing nets are endangering the coral reefs off the coast. so depends on the type of that if it's a if it's a rope type net then they can colonise up but it is a plastic type that going to cause a lot of damage not a long time and that's because a lot of the corals. dinette settle on the fragile corals i literally read them up dave wilson has found a lot today in addition to all the other plastic garbage trying bottles single use plastic this is the biggest threat to the environment. at the moment and a lot of people's opinion. as well stuff plastic but. the wrappers that the plastic bubbles come in. so with the way they just get blown away into the say . this will have again more examples of that. and so the garbage generated by millions of tourists is increasingly choking the cats one species or 4 beaches. even the monkeys have learned to drink from plastic cups. the internationally renowned marine ecologist tom come on the most about has

of course fresh fish is a food staple for both the locals and the hordes of tourists. the diving instructor dave wilson says the fishing nets are endangering the coral reefs off the coast. so it depends on the tiger but if it's a if it's a rope type net then they can call and eyes up but if it's a plastic type that going to cause a lot of damage no oil on top nets because a lot of the corals. then that settle on the fragile corals and literally ripped them up dave wilson has found an oil on top and that's because a lot of the corals. then that settle on the fragile corals and literally wreck them up dave wilson has found a lot today in addition to all the other plastic garbage triangles single use plastic this is the biggest threat to the environment. at the moment and a lot of people's opinion. as well stop plastic bags. the wrappers that the plus the bubbles come in. so with the way they just get blown away into the say . yes we have again more examples of that. and so the garbage generated by millions of tourists is increasingly choking pick. it's once beautiful bea

these units of food that would come for breakfast and dinner and supper were really the staples of the g.i. diet. and often there would be a small can of food inside, some crackers, some bubblegum. in other instances, they would even include cigarettes, which were part of the ration. if they were lucky they might be able to acquire a radio along the way. but you know, when folks look at this sort of stuff, it offers them a moment of empathy. you know when you look at , something like tooth powder or a razor blade, these were the ourgs we would see on fathers' and grandfathers' bathroom shelves. it is often everyday stuff that fascinates me. and fascinates visitors as well. so we will talk a little bit more about magazines, the press, the newspapers as well, at one of our leader stops. so we will head over here to our re-creation of a rather small g.i. encampment. and as you can see our members , are having lunch, chowing down in a very authentic way. , and very authentic to nap a common staple of the g.i. experience. the american soldier was about 22 years of age, weighed about 150 pou

also very authentic to nap as well, a very common staple of the g.i. experience too. and you know on average, an american soldier was about 22 years of age, weighed about 150 pounds. he had gone through the great depression. he was used to sacrifice and perhaps being short on supplies. unfortunately that economic hardship well-prepared a lot of american youth for the forthcoming struggles in this global war. among some of the most iconic features of the american uniform is the helmet itself. and for all intents and purposes, this was the home of the american g.i. it was a multipurpose tool. it would be used not only for protection against raining fragments, shells, splinters, rocks, what have you, he could also use it for more things. this is an original helmet. i don't know who used it, but i carry it on in his memory nonetheless. what manufacturers would do with the steel pots, in order to diminish the shine and enhance the camouflage of it, they would mix sand within the green paint. and that rough texture you see on the helmet would diminish the shine and offer ad

end of the market and so what is momentum today has been increasingly defense and low beta utility staples and reits and not necessarily tech and certainly not the cyclicals. >> mtum, that etf isn't that mostly tech? is that mostly technology? >> momentum in general, but there's some tech and momentum is going to change and momentum is what's worked over six months and 12 months and the names in the momentum portfolio will change off of recent performance. gold has been a widow maker for people that chased into gold and this is four or five times when gold should have been breaking out. why is this time different >> i think this time is different that due to the fed's tightening cycle is still a negative headwind that will be with us, we're seeing the broadest global slowdown in the last ten years and the closest risk of a recession that we'll see for the next ten years and the dollar will do well in this which a version, this we haven't seen. >> even if the fed cuts interest rate again in july and again in december you don't see the markets picking up overall if you see the areas of disap

consumer staples rallying alongside the broader market after posting its worst drop of the year yesterdaynajarian has left the set. he says that he's even more impressive he says there's one name in the sector that's headed for an even bigger pop look at that man he's jacked. >> i'm going to pitch a pepsi and here's why i love the ceo and the fact that he looks like he's brand new and he's not brand new and he's been there for 22 years and he's been working regionally around the globe and he has great exposure internationally where 57% of the revenue comes from so i think he's the right guy at the right time and that's exactly what we talked about when she stepped down. the dividend yield almost 3% is pretty phenomenal. over the last ten years they've had the buybacks by 10%, as well and the stock trades as a very fundamental p-e presently and that's important to me the fundamentals are all there the snack business is absolutely booming. it grew 5.5% year over year in the last quarter and that's now 40% of their profits and this is a company that seems to be moving in the right direction

>> we're not really on the staple pa stap same page.rth laid it out for us on june 3rd. >> that does it for us we'll see you tomorrow here at 5:00 for more. meantime "fast >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now. >>> hey i'm cramer. welcome to "mad money." i'm trying to make you some money. my job is not just to entertain but to teach you. i know today's action didn't feel great, averages started real strong and then rolled down closing down about 14 points. na

i don't think we need to run for the hills and go into what i think is consumer staples where clearly there's going to be compression in margin. you only want to hold consumer staples during a recession it's oerl thearly on that. >> let's go through some of these calls. we can debate them risk assets in the u.s. look less appealing japan represents a unique bargain. the dollar smile becomes a frown. we can start there what do you think of that? >> look, mike wilson is somebody we have on the show. i have a lot of respect for him. it's important to remember there's a human element to these type of calls. he made a bold, almost recessionary call on the u.s. economy. a very bold call about u.s. stock under performance. and he's made bold calls before. some have been good. some have been bad but a lot of the commentary that comes after a call like that is colored by what you originally said it's very hard to change your mind when you've been that vocal pounding the table, either bullish or bearish that's a tough gig >> once you put on the bear suit, the zipper gets stuck. it's hard to tak

. >> staples hitsing new highs, bonds going up, bitcoin going up, stocks going up.t's the message in that >> it's really simple. now if you're just looking at the s&p 500, that made a new all-time high. if the fed is telling you they're getting lower rates, ten year of qe and all that stuff, it tells us no inflation, and the only thing that's inflationed is the s&p 500 in that we say with the s&p 500 topped out, around 1600, got cut in half both times 3,000, you take a 50% hit to that, you get right back to the support at 1600. i'm not saying that's going to happen, but it looks like on the charts. >> starts to scare people. >> a little bit. everyone is saying the economy is agree, the only thing that's doing well is the s&p 500 and the stock market is not the economy. >> it look at the transports, but the economy and the global economy more importantly is look that great there are signs of weakening ism, pmis, those will likely turn lower, and here's the thing, take the playbook from japan. this is after they already tried. then they cut near to the lows, and the j

the island nation but the question is whether there is even a market for it once a national seafood staple in japan whale meat has been in short supply since 1906 when it global ban on commercial whaling made the meat a rare and more expensive item. but in a few fishing villages like minami both so located about 100 kilometers south of tokyo where meat still plays a role for the local economy. i married into this family 10 years ago and took over the restaurant business back then our customers were either the older generations or tourists traveling on motorcycles but now we have many families with small children that visit our restaurant without. right now some. for decades japan's whale supplies have come from new expeditions to the antarctic ocean where a certain number of whales were allowed to be caught supposedly for scientific research purposes in reality most ended up on plates something for which japan has faced intense criticism last december japan withdrew from the international whaling commission so that it could hunt for a whale and its own waters again however whale meat accou

and phil is a staple. on t.w. . red the real power resides. to people in fact more than. just democracy to me that's one reason why i'm passionate about people and aspirations i'm taken. to finishing the book as fried chicken but after the for the fun one thinking at the time if somebody in the world going forward anything can happen if people come together and unite for a call. when i do the news i often confront difficult situations more conflict does some stealthed i see despite my job to confront what he does on policies and development but this. food security mission. has been achieved with so much money and i feel people have to be an absolute terms my name is on the. tensions between the united states and iran have escalated after attacks on to all targets in the gulf and u.s. military has released a video that it says supports claims that terror on is to blame for thursday's explosions u.s. secretary of state my pump also alleges that tehran was behind the blasts iran says and u.s. education a baseless. ruling military council has admitted that security forces.

and the orange is staples.cent yield stocks, but also more stafbl cash flows are reliable. this one yields 3.6%, a lot of cyclical stocks in there and whereas these are more around 3%. staples 2.7. so if we had more confident, relative yield story would work. and my favorite example, ford yielding 6%. >> and uncertainty on chips, down near the lows today biotech is the relative outperformer along with small caps. in fact the biotech index had gotten positive just over the last few minutes, but we're ending on the lows of the day. not able to sustain any movement at all biotechs are the outperformer. a birth of hope there with the big deal in the phrma space. >> weak data, not going to give a 50 basis rate cut in june. transportation ports has been ugly we'll see what fedex said. they will give fiscal 2020 gi 20 guidance after the close it has been the defensive johns mcdonald's disney is a monster. and builders, poor data and tariffs impacting home sale in the united states. $500 per home due to the chinese tar

alix: what does that mean for consumer staples versus consumer discretionary?ionary is an early cycle play. we are talking about automobiles, for example. they are slowing down in terms of the number of units being bought. we think housing looks very interesting. that is a consumer play for sure. staples are your safe haven. they will always be there with the income that we need. i think they can both be used, but for different reasons. david l: when i look at the defensive parts of the market, and the way that the sovereign bond market is priced as well, i have a tough time getting excited about those types of assets. you have investor expectation that the fed is going to deliver three rate cuts between now and the end of the year, and i just don't see that happening. when you look at valuations in government bonds, more defensive parts of the stock market, if those three rate hikes don't come through, investors are going to be disappointed and things are going to move the other way. while rates probably aren't headed back to 3%, the path of least resistance i

and india injera for minted flatbread is ethiopia's national staple dish turf was initially exportedto supply ethiopians living abroad with their daily bread but it's caught the interest of health food stores in europe in the united states it's gluten free and rich in minerals and proteins making it much sought after as an ingredient in healthy bakery cereal and snack products. liberty's including going to paltrow victoria beckham and british musician sting are among fans and some are calling the ethiopian grain a new keno a. seller's can barely keep up with demand. for the last 3 years we didn't have enough growers. export is growing and demand is also rising and that's why the price of tariff is rising to that. this could present major opportunities for ethiopia's to growers and exporters but the industry faces hurdles including complex supply chains involving many small operators we can market structure and high transport costs there's also been little opportunity for farmers to adopt new technologies and agro nomic practices which could dramatically increase yields. drops a busin

. ♪ >>> when i say staples, i mean staples. >> don't pay me, sir. >> oh, shut up.y went big. >> to expose them to the public even more than perhaps just a top singing idol. >> they made the announcement they were going to tour america. beatles wanted $25,000. well, i didn't have $25,000, and so i borrowed $25,000 on the house. there were no commuteeputers, b sold it out in 17 hours. >> 17,000 screaming youngsters jambed their way into the huge amphitheater. they're the lucky ones. others outside were not so fortunate. >> here they are, the beatles! ♪ ♪ ♪ i told you before, you can't do that ♪ ♪ >> the beatles output was phenomenal. they seemed to always be either touring, making a movie or making a record. ♪ ♪ >> hello. see these little fellas? they're the beatles, inflatable beatles. they're yours for just $2. ♪ ♪ >> they had posters and magazines and stickers the teenager becomes the most desirable target for the dollar. >> i lived in the projects in brooklyn, you know, in a black community, and the beatles were everywhere. so it wasn't like this was a white phen

has taken actions to improve its nuclear weapons capeables that run counter or contrary to his own staples regarding the scope of his obligations under the treaty and so, you know, russian and likely chinese actions speak for themselves. >> additional comments on that point? okay great. with that, yes, please say your name and organization and your question. and then we will take a couple more with it. >> patrick malone, a national security reporter with the center for public integrity and had is for dr. dinanno specifically. what's the state department's perspective on whether russia has simply capabilities for a yield test or whether it has actually conducted them? >> if there is another question, we'll take that. yes, sir. >> hi, harrison kraim wer national journal. you mentioned briefly that you believe china if they want to act as a responsible global power will be interested in arms control conversations but i was hoping you could get a little bit more into detail about what the united states is able to actually offer to bring them to the table? >> and if we have one more. yes, sir,

i just very briefly will the color market at least in ivory coast in ghana at the staple for well the next foreseeable time after this through or based on flow price has been agreement. yes because it appears that the meeting that was held in our crowd was to push for something to be done about the price and because they are attempt was if nothing was done then you could destabilize the whole system by stopping to produce with this new price in relatively for the coming years i'm sure that it will have some stability but i'm sure that will cool from as we continue to push for better value all right i said reporting from across thank you so much. and now to some other business stories making the news. the world's largest sovereign wealth fund is moving out of fossil fuels and moving towards green energy norway's parliament is forcing the country's fund to pull around $11000000000.00 euros out of over $100.00 companies specialized in or oil gas and coal at besides protecting the environment also helps to protect the fund from oil price fluctuations. talk koch in germany has ruled that t