Chairman. You talked about managing risk, mr. Chairman. Would removing our only airborne brigade, b. C. T. , in the arctic, or the only b. C. T. In the asia pacific, would that do to our credibility . Would that boles you are our credibility in the arctic or asia pacific with regard to the rebalance . And you talk about risk. It seems to me Vladimir Putin is militarizing this part of the world. If were actually removing force, removing forces, our own arctic trained forces, thats a way to increase risk because we know he views weakness as being provocative. Theyre making a move in the arctic. If we start withdrawing troops, the 425 in particular, i think that heightens risk. Would either of you care to comment on that . General dempsey yes. I think it increases risk but some of the decisions, and youre talking about the army in this case, but some of the choices that the Service Troops have to make in terms of resources, you know, the army is tasked going from 490,000 active where they
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] light at the Mayflower Hotel in washington where we are raiding the house Reason Committee chair paul ryan discussed in the u. S. Economy attacks policy in what is called a political breakfast. He will be interviewed by correspondent ben white appeared it should be on the way in just a moment here on cspan2. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] ladies and gentlemen, please take your seats. We are about to begin. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] ladies and gentlemen, please welcome trend is chief correspondent politico. [applause] thank you all for coming out. I am ben white, chief economic correspondent of politico covering the intersection of wall street and washington.
Ameranroud of us this day rejecthe amement adopted in the dead of nig several spending bills have been taken off the agenda after last weeks derailment because of objections over the rural flag amendment. The house returns tomorrow at noon eastern for general speeches, 2 00 for legislative business. Those considered include disaster loans for those affected by Superstorm Sandy in 2012. Members could consider california draft relief or a trade enforcement measure. The senate back tomorrow at 3 00 here in they work on changes to the no caps off kind act. Votes on amendments scheduled for 5 30 in the afternoon. Later in the week, possible to see work on highway funding. You can watch the house live on cspan and the senate live on cspan 2. Book tv is television for serious readers. Join us next saturday, starting at 11 00 a. M. Eastern, four hour all day live coverage of the harlem book fair, the flagship africanamerican literary event with author talks and Panel Discussion featuring a his
Lower. Okay i know i say this stuff every night all right . Maybe you think i sound like a broken record but the truth is im always repeating this mantra because of days like today where events can overwhelm you and gameplan cant survive even a minute of battle with the enemy, short sellers, s p furlt sellers, etf guys or fellow individual stock shareholders who decided to capitulate. Today a session with the dow down eked out another record five points at close s p another record nasdaq lost after being down this is object lesson day. Use todays incredible turnaround as way to show you how to set up your own battle plan at home for this unusual volt tillity admittedly im a bit of an extreme coach, exgame coach but i know i can teach you i can teach you. Let me give you setup. 2 00 a. M. I get alert on cell phone from unilever. Looked like bad miss to me it was release, nothing good. Gone to bed two hours before that slept in until 3 30. When i saw how hong kong had stopped because of
Good winks morning, welcome to squawk alley, cart qui ca quintanilla with jon fortt stocks off the lows, down triple digits a few moments ago on the session. Watching to see if this dip gets bought in the middle of the day. For that lets get to bob. Still down, off the lows, s p up 10 points from the open lets look at the sector, still defensive but moving to the upside banks a big down open but you can see they have moved in positive territory, telecom only sector on the upid. Cyclicals on the weak side weve been talking about slowdown in the Global Markets in the last six or seven trading sessions europe on the downside, stock 600, s p of europe nikkei, s p down 1 since november 6th russell 2,000. Weve been talking about high yield always weak point. We asked our friends what happens when high yields declines 4 in a month were not down there that far yet. The high yield index, those etfs declined 4 . Usually follows them about were not there yet. This is a good indication high yield