there's so many ways to sum up the parts to get to the greater food >> yana, you pointed out something that's important to the marketplace right now and that's organic growth and sales growth it's amazing we talked about it, scott. so far, we're basically halfway through the third quarter. the leading sector is health care it's up 8.9% when i'm looking at health care and everyone keeps saying, oh, it's time to be defensive, it's a defensive market shouldn't we be thinking of health care more as the sector that is allocated there? >> that's a great question i think the sector of growth and defensive posturing is skewed in the marketplace. consumer staples down 4% health care is up 10%. why is health care working again, it's a diversified sector that has everything from med devices to services, to insurance names to so many names that are working it's not just bio-tech and pharma although it's proportionately represented there. there are a lot of great fundamental stories that are playing out and that's why the sector is doing well >> let's get into some of our specific picks a turn from

yana: we hope so.e perception of risk in various asset classes and i think we are witnessing that to date. year to date, the u.s. equity market has not been without volatility. we have seen a jump up over 30 and going back down 210. there is a lot of in-between but interestingly enough, perceived riskier areas of the market, you see tech, consumer and health care lead while the perceived safety is down by consumer staples which talks more to the devaluation you are seeing of long-term secular growth stories and opportunities we continue to see in the stories we believe have multi-decades to go, not just another quarter. julie: peter, i know you are not convinced of the longevity of the strength of the consumer. what cracks are we looking for? peter: we have not seen wage growth. we are seeing a shift in the yield curve and i think that tells us a lot. if i want to beg to differ on some of those comments, you are saying in the 90's, it was better and then we look at our policies in the 90's, what were w

approved a key eighty six billion euro tranche of aid dimitris yana pop the us was former press officer for greece's then finance minister he believes that the country's partners did not take the right approach to the debt crisis. and alternative would've been the drastic reduction of the debt to make it sustainable in two thousand and ten it wouldn't require a lot of restructuring in order to make the deck sustainable day but at that time neither europe nor the united states or the world economy was ready to deal with their debts effectively and that's why people view two hours date with some relief in the sense that they would not be there saying strength of as they were in the past eight years on the other hand greece will still have to continue with this and are staring which is going to make life difficult for the majority. a large fire in a commune in a suburb of paris has reportedly left at least twenty two people injured on sunday seven are said to be in critical condition including five children now the fire started around seven pm on the top floor of a three story building aro

particularly for the local government units actually such a disaster is way beyond business initiative now yana skis actually what we saw was an opportunity to respond to those who are affected and. i show him the lessons written by city co and a gala the ota bartz to stop delivering supplies to storm survivors less than a year after typhoon high on. what i just don't understand is i was there during high on during this time of the land many. i just don't understand how it is responsible behavior for you know anyone but i totally agree with you but again i would want to understand where the context of how it was being offered in such a fusion but if you so happen or you investigate this directly well i know that he will extend it to us and if it really affects our our own organisation definitely will look into that i said give this a bill when we asked if the company will deliver on its agreement to the residents something that has not happened for the last four years he gave a very carefully worded response definitely really uphold the agreement. that are within the legal bombs that we have an

just too often yana season always talking. about metal novel. merchants want to round up these slaves in the border regions of the congo came down everywhere breeds multiplied. no wonder became one of the crossroads of transatlantic trade in congo the relationship of equality between africans and portuguese collapsed. so no wonder became from then on from fifty nine is on became the most important single port and single place in africa from where africans left for the americas twenty three percent something like that out of all africans a lot from lawanda going heavily to brazil. which of course is the biggest area were africans go in the americas by far almost half of all africans and up in brazil. the wonder was. it was really an outpost of brazil many ways indeed the media can muscle devour told real whole vangelis love the whole scene or they can toss what they did to this club some of you don't know anybody else could you talk on a clear moment not look it was a crisp picture that. would disappoint the media. but look this club you know you

often yana season always talking. about metal novel. merchants want to round up the slaves in the border regions of the congo kingdom everywhere braids multiplied. no wonder became one of the crossroads of transatlantic trade in congo the relationship of equality between africans and portuguese collapsed. solo under became from then on from fifty nine is on became the most important single port and single place in africa from where africans left for the americas twenty three percent something like that out of all africans a lot from lawanda going heavily to brazil. which of course is the biggest area where africans go in the americas by far almost half of all africans end up in brazil. lawanda was the. was really an outpost of brazil many ways indeed the media can muscle development toward real whole vangelis glove the whole scene of the quilt show that that to describe some you don't know anybody else could you talk on a clear moment not look it was a crisp picture that. would disappoint the media. and the hook this club let them illus

not god what is put on hold for plus a further fall from grace for the former tour de france winner yana over at the german cyclist is arrested on suspicion of assaulting a sex worker just days after appearing in a spanish court for allegedly breaking into a neighbor's home on my orca. and the camp where shacks and dreams go up in flames as more refugees arriving basically look at the park areas existence that they often face on spanish soil. i'm sorry kelly welcome to the program. u.s. president donald trump has stepped up his political pressure on turkey with new tariffs sending that country's currency into freefall in a tweet early on friday trump said quote i have just authorized a doubling of tariffs on steel and aluminum with respect to turkey as their currency the turkish lira slides rapidly downward against our very strong dollar our relations with turkey are not good at this time. and times tariff increase appears to be over uncle reza refusal to release an american christian pastor pastor who is charged with terrorism offenses there is nosedives all european markets tumble. and

still of focus for investors, but today's tech is also taking a toll on stocks, joining us now is yana from eaton vance. let's start with the idea of big tech, and having a greater systemic significance to say, turkey's pickup. are you concerned about what we saw in tencent overnight with their earnings and the subsequent plunge? >> the short answer is no, the long answer is that long-term trends are alive and well. with a little perspective i recognize the markets are down, but technology continues to be the best-performing sector to date. , and all of the bad guys are leaving the market, we continue to see the trend of increased conductivity, all of the trends are still intact. ist we saw in tencent specific to that stock. if we look to the long-term trend it has been going down for a while, so it's idiosyncratic and that's what we focus on. stock specific examples where we can pick the winners worst losers. >> i hear what you're saying, but if anyone is nervous about valuations, they look at turkey and they see this ripple effect. they look at tencent and see a ripple effect, largel