but even with those successes, her talent was underappreciated. >> i don't think it's been until kinde fact that people looked at her, and said, oh, my god, she was great. >> reporter: when a contract dispute kept shirley m of the film, she became molly brown. >> my mother is molly brown, she got the part, knocked it out of the park. >> reporter: and it also brought her an academy award nomination, but julie andrews took home the oscar for "mary poppins." this photo shows a 6-year-old carrie watching her mother perform in las vegas in the early '60s. >> now go to sleep. >> reporter: memorably, reynolds was the voice of the kindly spider in "charlotte's web." >> i have a delicious surprise. >> reporter: but this was her iconic role, and this may have been her iconic song. ♪ good morning good morning to you ♪ >> reporter: if you think you've heard that too recently, you may be right. ♪ good morning ♪ good morning >> reporter: it loves on as the jingle for tropicana orange juice. >> theirs was a veryamous marriage, and a very famous divorce. >> reporter: when elizabeth -- >> if you can t

we are seeing this is an area that investors should look at as a subsector that has been underappreciatedt this point. thanks for your insight and strategy. coming up next. signs of improvement. exporte weaker yen help data outlook even healthier? we will discuss what to expect in the country's november trade figures next. this is bloomberg. ♪ ramy: you are watching "daybreak asia." softbank rising as much as 7.6%. this is the biggest reading -- three day game we have seen since february. -- for very 18. -- february 18. he wants to create 50,000 jobs and a lot of questions on how he will fun that. there is this investment fund he has created. still trying to gather the funds to validate that figure. investors are shrugging off those doubts. 7.6% up for softbank shares. release its latest trade figures in the next few hours. analysts forecasting a slower decline in exports. tom mackenzie joins us live from beijing. that would be an optimistic sign . how realistic is it? for 4%e forecasts are up or 5% year on year for november exports. compared to what we saw in october which was a drop of

some people might say it's underappreciating what the fed will do. trump has the power to replace certain members on the fomc. >> absolutely. we're basing a lot of this trump decisions on extreme amount of speculation. he's never had to deal with monetary policy before. all of a sudden he's replacing janet yellen. i don't think he'll go quickly into places that he's not very comfortable with. i suspect setting monetary policy in the u.s. is one of those areas that he's not keen to go after. so we're hearing it's unlikely he'll replace fed members any time soon. i suspect the fed will allow the u.s. economy to continue to run hot as long as inflation doesn't spiral out of control. what we're seeing by yields and break evens is that expectations for higher interest rates remain relatively subdued. so we're looking for a rate hike of 25 basis points near the end of 2017. a very, very shallow normalization, even the total rate hikes in the u.s. should probably only reach about 1.5, nowhere near the % that the market or the fed is sort of expressing. this

very underappreciated role. >> so funny.t really, she's such a talent for writing, for people who don't know what a script doctor s. you know, they've gone as far as they can with the movie and they feel like it's just not right. we need help that somebody is so good that they can pick up the project and they can punch it up to the next level. to think that a star like her served in that role that is so intellectual is impressive. >> yeah, well, you know, she also -- a little remembered series called the young indiana jones chronicles in the 90s. george lucas did that. george lucas when he needed somebody to punch up scripts and make thir tigem tighter he call carrie fisher to do it. it's a shame she was supposed to have a much bigger role in star wars episode 8 coming out in december. because, you know, in the force awakens she had a glorified cameo, it was more about hans solo. this next chapter supposedly, princess leia who is now a general is supposed to have a much bigger role. boy, she would have been so much fun to se

he was my musical hero and was an underappreciated national treasure. >> other musicians you can't forgetut leonard cohen and mohammed ali. john glenn. i had someone mention that to me as well. sean davis wrote prince was hard for me because i saw him in oakland earlier this year right before he died. you recall he had a performance at the fox theater. >> he went to the warriors game. >> thank you for responding to our question of the day and using the hashtag #ktvu. >>> carrie fisher died after suffering a massive heart attack on board a flight. she never recovered. >> zsa zsa gabor died december 10th as a result of a heart attack as well. >> heart disease is the number one killer of women in the united states. for more on these stories we're joined by dr. misra. thank you for joining us. with we talk about heart attacks and heart disease, i think of people like my dad. older, male, not me. these stories remind us that it could be house. >> yes. it is as you cited in the cdc, the number one killer across the board of mortality. it gets overlooked as we tend to identify gender with a part

the ulysses s grant association, i appreciate the emphasis on julia, because i agree, she is underappreciated can you speak to this -- you know, these women weren't brought up to be independent and financial -- they weren't taught financial management skills and all, and yet, especially in the case of grant and sherman's wives, they were left for very were left for very long periods to manage the household, many children, the finances. ellen sherman of course had means with her father, so maybe she had more help with it, but what does that say about julia grant and her wherewithal to get through those tough years and managed the household and the finances? candice hooper: that is such a great view of her. and frankly it says a great deal about all of these women, really only nelly mcclellan was in the lap of luxury. but jessie and ellen and julia had to manage complex transactions. my eyes would blur with what ulysses was trying to get her to do, paying this debt and holding onto that note. it is very complicated. and so to me, i grew up in a military family. my dad was [indiscernible] and i

i think one of the most underappreciated aspects of the oil and natural gas business -- >> that's thefrom rosneft. that's putins a best friend. he waits for the translation to come through. oh, the u.s. government. good one, my friend. he's the guy that had sanctions personally levied against him by our government which exxon doesn't care about at all. way to go, buddy. steve coll, the man who wrote the definitive work of modern journalism on the power and the outlook of exxonmobil joins us next. >>> joining us tonight for interview is steve coll. his book private empire exxonmobil and the american power will have to go into reprint. now that rex tillerson is chosen as the next secretary of state. the private empire before even the tillerson factor i think is one of the best works of modern journalism about power. one of the best explanations about power and its different manifestations in our american system that i've ever read on any topic. steve coll is now the dean of columbia school of journalism. thanks for being here. >> thanks for having me. >> since tillerson has been nominat

i agree, she underappreciated.k to the, you know sh these women weren't brought up to be independent and, you know, financially -- they weren't taught financial manage ment skills and all. and, yet, you know, especially in the case of grant and sherman's wives, i mean they were left for very long periods to manage the household, many children, the finances. what does that say about julia grant and her wherewithal to get through those tough years and manage the household and the finances? >> it says a great deal about her. frankly, it says a great deal about all of these women. but jesse and ellen and julia all had to manage what were often very complex financial transactions. i mean, sometimes my eyes would just blur trying to understand what grant was asking her to do with rents from various properties and notes they had on various properties and paying this debt and holding on to that note is very complicated. and so to me, i grew up in a military family. my dad was navy hospital corpsman. i could always see my m

i think one of the most underappreciated aspects of the oil and natural gas business -- >> that's them rosneft. that's putins a best friend. he waits for the translation to come through. oh, the u.s. government. good one, my friend. he's the guy that had sanctions personally levied against him by our government which exxon doesn't care about at all. way to go, buddy. steve coll, the man who wrote the definitive work of modern journalism on the power and the outlook of exxonmobil joins us next. ♪ as soon as i became a parent i changed as a person, drastically. ♪ i tried hard to quit smoking. ♪ but when we brought our daughter home that was it. ♪ now i have nicoderm cq. the nicoderm cq patch with unique extended release technology helps prevent your urge to smoke all day. it's the best thing that ever happened to me. can you say thanks nicoderm cq? every great why needs a great how. my dad called them up and asked for "the jennifer garner card" which is such a dad thing to do. after he gave his name the woman from capital one said "mr. garner, are you related to jennifer?" kind of jokin

your read on what is sort of a remarkable trajectory here from trump which i think is a little underappreciated. part of the kind of factions in the republican coalition that cotton to trump earliest were the paleoconservatives, the pat buchanan lineage. and that's skeptical of trade deals, skeptical of the iraq and foreign wards and hates, loathes the neocons and is sometimes tinged with a little more than a little anti-semitism with the zionists running policy for the republican party and is very skeptical of a kind of in-line pro-israel stance from the sort of republican party. that's where things seem to have started and they have now ended up in the -- very far from that. how do you explain that? >> i think it's worth noting, i mean, you're right about trump's claim that he wants to be a neutral guy, they wants to make this big deal. he said that early in the primaries. it's very much worth noting that when he said that and that was seen as a kind of heresy against republican party positions to say i'm just going to be neutral and not take sides, not only did he continue to win republican

thought maybe it was just an audience of fellow historians, all of whom are talking about how underappreciated we all are. [laughter] but i think this is such a great idea. the idea of the center for military and diplomatic history for all of the reasons that mark identified. what i thought i would do is talk about how i think the center can help us make us better, better at defending our nation in particular. better at defending -- anticipating the needs. and addressing the threats that are growing. growing to our nation and all civilized peoples today. i will try to be super brief because what i would like to do is see where you would like to take the discussion and hear your ideas and thoughts. but this is an important center. from our perspective in the army and the military, thinking clearly about diplomacy and national security is fundamental. only fundamental to protecting our vital interests and preventing conflict but also ensuring that our military is prepared to respond to threats to national and international security. and to be able to resolve crises at the lowest possible cost. i

that is an area we think is underappreciated by investors. about medical devise makers?ed? what are the risks? theym sure you have heard have made a lot of noise about the devise tax. they have fought it the hardest of anybody. this year in 2017 they don't have that. they will tell you they have not gotten a major boost. i think that they have. there may be a bit of a mixed but they are hoping republicans will repeal that tax, they will have more money for innovation and jobs. on the whole it may be a positive for them. longer-term, maybe fewer patients have coverage. what about drug pricing? donald trump as indicated prices are too high. previously we thought it would be hillary clinton who would be pressing down on this. it is going to be an issue with donald trump. >> you have a number of players involved that are going to lobby pretty heavily against that the government is going to push to keep costs down. scarlet: all right, jason gorman. you can read his research. joe: that is all for what'd you miss? economic data coming out tomorrow, including gdp. this is bloomb

it was just going to be an audience of fellow historians, all of whom are talking about how underappreciated we are, you know. but i think this is such a great idea. i mean, the idea of a center for military and diplomatic history, for all the reasons that mark identified, so what i thought i might do is talk about how i think the center can really help us, make us better, better at defending our nation in particular, better at anticipating, the demands of national security and then crafting a national security strategy to address really threats that we see or that are growing. threats that are growing to our nation, and i think all civilized people's today. so i will try to be super brief here. what i would really like to do is see where you want to take the discussion and hear your ideas and thoughts as well. but this is important, right. this is an important center, and from our perspective in the army, in the joint force in our military, because thinking clearly about diplomacy and security is fundamental, not only to protecting our vital interests and conflict, but also ensuring that ou

i think one of the most underappreciated aspects of the oil and natural gas business -- >> that's thend. he waits for the translation to come through. oh, the u.s. government. good one, my friend. he's the guy that had sanctions personally levied against him by our government which exxon doesn't care about at all. way to go, buddy. steve coll, the man who wrote the definitive work of modern journalism on the power and the outlook of exxonmobil joins us next. esurance does insurance a smarter way, which saves money. like bundling home and auto coverage, which reduces red tape, which saves money. when they save, you save. that's home and auto insurance for the modern world. esurance, an allstate company. click or call. come on, wake up!!! come on, why ya sleepin'? come on! what time is it? it's go time. come on. let's go, let's go, let's go. woooo hoooo!! yeah!! i feel like i went to bed an hour ago. i'll make the cocoa. get a great offer on the car of your grown-up dreams at the mercedes-benz winter event. it's the look on their faces that make it all worthwhile. thank you santa!!! now

goldman says the potential is underappreciated. they expect the company to spend a lot more on drilling next year, $1.2 billion in total, 39% more than the consensus view, which will allow sim arex to dramatically grow its production, and that's what we want in an oil stock. goldman expects sim arex to raise its production forecast when the company announces its follow 2017 guidance in the first quarter of next year. in short, she see this catalyst-rich story with a lot more room to run. where do i come out? i adore sim arex's acreage, and i agree they have one of the best technical teams in the industry. if anybody can keep their costs downs in an atmosphere where a lot more companies are drilling, it's these guys. we had tom jordan, the ceo of sim arex on the show, and he told a very compelling story about his company's potential for production growth. in the end, i side with the bulls at goldman. it's true that recently a rising tide has pretty much lifted all bolts in the exploration and pruxz space, things will get more diffic

now, matt, i wanted to get your raid on what is a remarkable trajectory from trump which is underappreciated. part of the kind of factions in the republican conservative coalition that cotton to trump earliest were the kind of what paleoconservatives, the pat buchanan lineage. that lineage is skeptical of trade deal, skeptical of the iraq war and foreign wars and hates, loathes, the neocons, is sometimes tinged with more than a little anti-semitism about the jewish influence and the zionists running for policy for the republican party and is very skeptical of a kind of in line pro-israel stance from the sort of republican party. that's where things seem to have started and they have now ended up in the -- very far from that. how do you explain that? >> well, i think it's wor noting. you're right about where trump started. the clip that was shown earlier about trump's claim he wants to be a neutral guy, he wants to make this big deal, he said that early in the primaries and it's worth noting when he said that and that was seen as heresy against republican party positions to say i'm just going

i thought maybe it was an audience of fellow historians all of whom are talking about how underappreciated we are. this is such a great idea, center for diplomatic history for all the reasons mark identified. what i thought i might do, talk about how i think the center can really help make us better. better defending our nation in particular and anticipating the national security strategy to address threats we see are gr growing. threats growing to our nation and all civilized peoples today. i'll be brief and i want to hear your discussion and hear your ideas and thoughts as well. this is important, right? this is an important center. from our perspective in the army in the joint force and military thinking clearly about national security is fundamental not just about our fundamental interests and conflict but making sure our military is prepared to respond to threats to national and intersecti international security to resolve crieses at the lowest possible cost in lives and blood and treasure. thinking about future wars often neglected, or done superfici superficially. remember the orr d

so i think that that's underappreciated that the systems within these countries are very fragile and unable to cope with large flows of funds. so the basic underpinnings need to be supported. and so one level of efficiency is the ability to execute their budgets, thus putting more rain showerses into the effort. if budgets are more timely in their execution, inventories of drugs don't expire. if the vendors can start moving the money through, paying their vendors with an inappropriate -- appropriate level of time, then they can get the competition. the vendors that want to participate go for a high premium on their cost. they are just sitting there because they can't get through the system. but, you know, those are some of the underlying issues that i don't think that is fully appreciated. and honestly, some of the risks are getting the right people that can take on the reforms and sustain them without a turnover of staff and also the adequacy of information management systems. there are lots of information management systems there. are huge information management demands and do they

market psychology is one of the most underappreciated. i think seeing 25, 30% rises in names like jpmorgan in a few week, we got a little ahead of ourselves here. if i was an investor and owned some names, fortunate enough to participate in the rally, now is the time to start trimming on those names. look at areas like health care. se sellgene and biogen. a little too far, too fast. >> you trimmed your positions because of that massive 35% run since the election. it all depends on your perspective and whether or not j jpmorgan was undervalued to begin with. what is the reality and what sort of metrics are you using now for the financials now that they're on better footing after the election. >> a great question. we like jpmorgan. the stock is overvalued, the reason we own it. i think it is fair value here. there are names like citi and bank of america. with the etf of stocks it very hard to do individual stock picking and not miss out when the sector is going up or down. if you're looking for individual plays you get that pullback, look a

analysts say the merits of any deal may be underappreciated.much as 70 million in cash can be saved. they boost to 28 bucks and even with today's 3% gain, that's another 15% of upside for your small cap call of the day. sxwl thank you very much. coming up, they are part of one of the most famous investing clubs of all and kate rogers has the story. kate. >> hey, tyler sh that's right. we check in with the famed beards town ladies, but they're not making predictions about 2017 just yet. >> if we did, we would not be sitting here. we'd be in aruba on a beach. >> more on that and their take on the trump rally after the break on "power lunch." >>> welcome back to "power lunch." therapeutic shares following by 9% after six former executives at the company including its former ceo were arrested on charges they allegedlien gauged in a scheme to bribe doctors to prescribe their companies pain medication and possibly defraud. last month, the company's cfo said they were optimistic there would be a department of justice resoluti resolution. the shares ha

they like the valuation, they say some of the triggers are underappreciated, especially in acceleration of sales. the analyst thinks there may be some portfolio rationalization, sell some stuff off. here is interesting, $63 target on the stock, but says there is a plausible $83 bull case in the longer term. that would be 80% upside on 83. >> jetblue, downgrade over at raymond james. seeing pressure because of capacity growth and new market expansion. that will keep shares range bound near term. benefits beyond that include cabin restyling, pushed out, very fancy, pushed out by nine months. valuation remains reasonable, even with 9% spike we have seen in the past month. it is a laggard, compared to its airline peers. >> done well this month, only one airline has done better this month, that's -- >> hawaiian. >> right. how did you know that? >> the best performing airline stock. >> she also lives in hawaii, secretly, she doesn't tell anybody. >> yeah, i come every day to englewood cliffs. phil lebeau taught us that. >> unbelievable on time rating. >> it is always 80 degrees and beautiful.

think that the strength in the dollar is a concern for markets and one that right now is being underappreciated. as rick highlights, about 40% of the s&p 500 earnings come from outside the u.s. and the strength in the dollar will put downward pressure on the earnings. remember, the so-called earnings recession just ended in the third quarter. however, it started after the strength in the dollar at the end of 2014 and early 2015 when the fed promised to raise rates at a more aggressive pace. >> are we in a sort of golden vacuum of information, where we got the fed meeting behind us. we don't have earnings season starting. we don't have donald trump officially taking office until next month. about a month or so. what do we do in this next sort of month? >> i think you enjoy the rally for the next month. i do think that the market will breakthrough that 20,000 level. >> you mindlessly ride it higher? >> no. i think you -- i think that the market is likely to rally into the inauguration. and then i think the honeymoon period, or this month long period you're describing, there is a couple of risks o

. >> third stock, square's business model is underapprecia underappreciated. growth of small businesses, electronic payments and industry move to integrated solutions. square retained a client's better than peers. high retention, low return rate, 2017, 2018 estimates could be too conservative. >> i talked to a gi using square the other day. he said i love it but the fees are high. that's what he said. you start to see it more and more. one guy's opinion in a restaurant. finally, your small cap call of the day, health stream, hstm, outperform, the company has favorable positioning pause of the obama care repeal risk. analyst likes the stock's valuation, so boost the target of health stream. 31 to 26, 25% upside. >>> that's street talk for friday. >> with first nonstop flight from china touching down on the las vegas strip today, actually mccarron, not on the strip, are casino stocks poised to take off? we'll investigate that straight ahead. r business be ready when growth presents itself? american express open cards can help you take on a new job, or fill a big

it was just going to be an audience of fellow historians, all of whom are talking about how underappreciated we are, you know. but i think this is such a great idea. i mean, the idea of a center for military and diplomatic history, for all the reasons that mark identified, so what i thought i might do is talk about how i think the center can really help us, make us better, better at defending our nation in particular, better at anticipating, the demands of national security and then crafting a national security strategy to address really threats that we see or that are growing. threats that are growing to our nation, and i think all civilized people's today. so i will try to be super brief here. what i would really like to do is see where you want to take the discussion and hear your ideas and thoughts as well. but this is important, right. this is an important center, and from our perspective in the army, in the joint force in our military, because thinking clearly about diplomacy and security is fundamental, not only to protecting our vital interests and conflict, but also ensuring that ou

during lot of close down shops if you go through downtown middletown, and that is one of the underappreciated things about the trump election. talk about economic and anxiety, rachel anxiety, what is a lotting the voters, but of businesses are not operating, negative the worry about the place you are living in, and that worry expresses itself. host: as christmas approaches, and you write the following, "i grew up in a world where everyone worried about how they would pay for christmas, and now for theities abound wealthy and privileged to shower their generosity on the community's poor." guest: that is something bizarre about my life, especially around the holidays, because when we grew up, especially when we were kids, we always worried about how we would have a nice christmas, how our parents and grandparents would put nice gifts under the christmas tree. i am a so weird now is lawyer now come i work as an investor in silicon valley, there are all these programs were people divide christmas gifts for our nation's poor, and i think the programs are really good, but coming where i came from,

it is underappreciated by investors. joe: what about medical device makers?amacare might go away? jason: there's a lot of noise about the device act. they fought it the hardest of anybody. that.hey don't have they will tell you they've not gotten a major boost. i think that they have. there may be a bit of a mix, but they are hoping that republicans will repeal the tax and they will have more money for innovation and jobs. on the whole, maybe a slight positive for them. longer-term, maybe fewer patients that have coverage. oliver: for reports and data from bloomberg intelligence, on thei bloomberg. arabia is next, saudi ready to corporate with united states under the donald trump presidency. and we are awaiting reaction from israeli prime minister benjamin netanyahu. you are able to watch that on bloomberg.com/live. this is bloomberg. ♪ oliver: this is "bloomberg markets." i am oliver renick. vonnie: i am vonnie quinn. let's go to abigail doolittle. she has the chart of the day. abigail: we thought we would take a look at the vix. spiking higher, up abou

i think it's underappreciated how much a massage can help. >> al roker talks about massage. >> musclee an hour. it can be 10 for 15 minutes. >> oh, tamron. >> i wasn't expecting that response. >> and oz pearlman is here, he will blow our mind. and paperless billing. like safe r but nobody knows the box behind the discounts. oh, it's like my father always told me -- "put that down. that's expensive." of course i save people an average of nearly $600, but who's gonna save me? [ voice breaking ] and that's when i realized... i'm allergic to wasabi. well, i feel better. it's been five minutes. talk about progress. [ chuckles ] okay. talk about progress. [ chuckles ] try theraflu expressmax,nd flu hold you back now in new caplet form. it's the only cold and flu caplet that has a maximum strength formula with a unique warming sensation you can instantly feel theraflu. for a powerful comeback. ♪ >>> this is a "news4 today" news break. >> good morning. i'm aaron gilchrist. d.c. police will be reviewing body cam foota

when he sees companies -- and there are many of them that are underappreciated largely because they do have a following with institutional investors or analysts. he is somebody who takes advantage of that. alix: what strategies in his fund world are working very well? fabio: right now i think the biggest challenge when people look at what has been going on is the disappointment, i think, for some of the strategies that should have been going really very well. when we look at macro funds, they are up a grand total of 2% to 3%. i pulled up a chart, over the first half of the year we saw, what did these guys do? they invest in bonds and commodities. commodities are up 14%, bonds up 10%. that is a pretty extraordinary that time. if you are a macro investor, have you bought almost anything you would have been there. in the second half of the year if we pull that up, what you will find is what you end up with is exactly similar returns, another 22% was available i being short the bonds. yearet your return this taking zero, and you ask yourself about the structure of these funds. do you have

i think it is underappreciated how much a massage can help. with stress and muscle strain.oh, tamron. >> i wasn't expecting that response. >> i know you can do it. >>> still to i had that dream again -- that i was on the icelandic game show. and everyone knows me for discounts, like safe driver and paperless billing. but nobody knows the box behind the discounts. oh, it's like my father always told me -- "put that down. that's expensive." of course i save people an average of nearly $600, but who's gonna save me? [ voice breaking ] and that's when i realized... i'm allergic to wasabi. well, i feel better. it's been five minutes. talk about progress. [ chuckles ] okay. talk about progress. [ chuckles ] try theraflu expressmax,nd flu hold you back now in new caplet form. it's the only cold and flu caplet test test test test. test test test test. for a powerful comeback. ♪ new expressmax caplets. >>> good morning, it is 9:26, we are following breaking news, we are just getting words that two people with locked up after a homicide inside and hayward target store. a man was stab

with most economies of the world we determine whether it is underappreciated, overappreciated, or broadlythe fundamentals. latest was an article 4 act in june or july. time, -- was broadly in line with fundamentals, after having been probably held up for more than wasme required by the economy. in the last few weeks, the remnant be has depreciated because the banking authorities are not lining the determination of their currency relative to a basket of currencies. when the dollar appreciates, which is one of the components in the basket, clearly other currencies around the world are declining because it is a zero sum game. when one goes up, others go down. >> the joys of the italian referendum, how frightened are you buy that? you have lived through several versions of the euro crisis. couldzi were to lose, he lose badly. thee tend to look at italian economy irrespective of the outcome of the referendum. so far we have really forecast,d polls, absolutely determined view as to what the outcome will be and we have seen how wrong they were. we look at the italian economy irrespective of the

i think the chinese point is something that's underappreciated here.s tax bill passes. there would be a further appreciation of the dollar. there'll be a further fall in bond yields. and that puts a lot of pressure on the chinese. i think they're going to have to send the rnb down to keep their competitiveness. >> i got to do this trade, man. >> which one? >> am i buying the new zealand dollar and the u.s. dollar put spread? how am i going to -- i don't know if i could do that. >> sure you can. >> really? i can do a kiwi/dollar put spread? you've already done this. >> you're behind the trade. >> is it too late to do this? >> i'm telling you you should buy some ruble. >> one of your most compelling things, though, is the yen trade. you think that's going to be something that -- >> i like the 5-year treasury yields. you know, i was up in boston the day before yesterday with these trades. i got so much pushback from clients. it made me a hamper camper afterwards. i tell the same stories for another three more weeks. because there's so many people who refu

during lot of close down shops if you go through downtown middletown, and that is one of the underappreciatedhings about the trump election. talk about economic and anxiety, rachel anxiety, what is a lotting the voters, but of businesses are not operating, negative the worry about the place you are living in, and that worry expresses itself. host: as christmas approaches, and you write the following, "i grew up in a world where everyone worried about how they would pay for christmas, and now for theities abound wealthy and privileged to shower their generosity on the community's poor." guest: that is something bizarre about my life, especially around the holidays, because when we grew up, especially when we were kids, we always worried about how we would have a nice christmas, how our parents and grandparents would put nice gifts under the christmas tree. i am a so weird now is lawyer now come i work as an investor in silicon valley, there are all these programs were people divide christmas gifts for our nation's poor, and i think the programs are really good, but coming where i came from, it

. >> counting votes is an underappreciated virtue in the confirmation process.etary of state. i don't think he has the votes to be confirmed. thus far, donald trump has been very cautious about the people he's nominated having a path forward. for rex tillerson, this will be very simple. the one thing that donald trump is going to have to do over the next couple of weeks with the cia director's confirmation is this issue of the russian hacking that so far the president-elect has simply said has not bought into the intelligence community's assessments. he's going to be asked, rex tillerson, by lindsey graham, by john mccain in meetings not on the committee that do you support sanctioning russia. do you believe the intelligence community assessments? if rex tillerson says no, he's on the opposite side of that issue potentially from the president by saying yes, but if he says no, he's not going to get confirmed. simply won't have the republican votes necessary. >> so much of this has to do with balance. temperamental balance. if george h.w. bush wanted to put bolton

just -- it was going to be an audience of fellow historians, all of whom are talking about how underappreciated we are, you know. but i think it's -- this is such a great idea. i mean, the idea of the center for military diplomatic history. for all the reasons that mark identified. so what i thought i might do is talk about how i think the center can really help us make us better. better at defending our nation in particular, better at anticipating the demands of national security, and then crafting a national security strategy to address, really, threats that we see are growing. threats are growing to our nation, and i think all civilized peoples today. so i'll try to be super brief here. what i would really like to see is where you want to take the discussion and hear your thoughts and ideas as well. but this is important, right? this is an important center. and from our perspective in the army, in the joint force in our military, thinking clearly about diplomacy and national security is fundamental. it's fundamental not only to protecting our vital interests and preventing conflict, but ensu