pat: why don't they defend themselvess? eleanor: we have a lot to do with that. pat: why don't they defend themselvess? eleanor: the sust still considered the leader in the world despite all your yelling about nationalism. they look to us and i think it's a leadership role that most americans are proud of. clarence: we need to look at our relationship though. there are strategic reasons why you may not want americans under european command if we are allies. pat: let me agree with you a lot trump raised the issue, he's put it on the table. it's time it's addressed. they have been acting like deadbeats since the end of the cold war. eleanor: don't act like trump invented the criticism. president obama was quoted complaining about the free riders. this has been tension. but we need nato and the threats they're facing now with cyber threats are -- it's a whole new generation of threats. john: exit question. without nato, would the world be more stable or more unstable? pat: undeniably, i think the europeans will not man up and

themselvess bracing after the doha crisis. oil did start down today. weis sort of amazing that have energy shares leading the rally, but that's really where momentum has been. i think that is the key. you get the sentiment changes in the market. and the risk on sentiment has been with us. even though the earnings situation has been bad. alix: netflix is a perfect example. it has a lot of momentum. you see a miss on the international's of driver forecast -- international , and withoutrecast these, the market has nothing to go off of. mike: it's almost like attention has shifted to the value stocks. we have banks, financials have gotten really beaten up. themomentum now is toward value names. i think there is still a question, long-term, if we really want to break into new highs in the market, where will the leadership he? it's impossible to say at this point. i want to break in with ibm results. s oning the highest estimate the bloomberg survey. revenue higher than anticipated, $18.7 million -- $18.7 billion. --t notable here is that pardon me, not earn

have especial after the political class look at who enacted the impeachment proceedings and see themselvessey are themselves being investigated. >> sreenivasan: yesterday it was almost like a soccer team, people painted with flags, i'm with this or the other team, but as you mentioned there are deep systemic problems. what are the people on the street you speak to concerned about? this particular problem is solvable. let's see we get this particular person out of office, then what. >> is this it's a very difficult situation. i recently traveled to the north of the country.t this is the place where the ruling party dilma rousseff and her pre predecessor, it was ther bastian of support, the poorer, black part of the country and has been helped a lot by the ruling party and social policies, but many people said they lost faith in the government, that they were supporting the removal of dilma rousseff and that is becausese many are facing a loss of jobs,s they have no money and they don't really have a lot of hope in the future, and that has really i think been the fatal blow to this administrat

there's no question about it.the countrie but the countries in the middle east need to do more themselvessluding saudi arabia. we would like to see country step up and provide more soldiers, more resources, in our campaign against isil. >> host: what are they not doing? >> guest: it's a question of a coordinated plan. providi the saudis have been focused more on yemen which is their neighbor. they have been providing considerable military operations in that region. that region now has a cease-fire. we are now in the process, we, we hope of getting a peace process between them and the government. if we can do that, we would expect the saudis could take some of their military commitments they have used in yemen and focus more on the problems with isil in syria. i think that is what we like to see. >> host: yesterday in the paper it said the administration goal is to convince saudi arabia there could be a cold peacetr between then and iran. do you think that's achievable and what would that mean? >> guest: i think iran is a dangerous country. it is naÏve to think they will adhere to some type