limitless amount of time to do is it so i think we need to watch for russia trying it on in say baltic state where it doesn t rally. what would it look like? a bit like what happened in ukraine when unmarked russian troops began violating the sovereignty of crane you can imagine that in lithuania but combined with information warfare and would involve trying to mobilize the russian ethnic minority in that country. we ve seen the play book beef, the question would be would anyway e toe hold together under article five rule that in the fact on one is an attack on all or would with we find that between berlin and washington there was uncertainty and division? other point i would make about russia is remember, although putin has been aggress i-not only in kriew yain but also in syria, the price of that has been an increasing dependence on china. the closest relationship is
day and the night, look at europe, look at our futures, how they re holding up. what would worry you? what would be something that would jar you? on thursday we saw broad selling in both growth and what we call value names. neil: right. i don t like it when names that a appear to be properly valued sell off with the growth names. that means people are scared. when they re neil: in other words, showing no abandon, just everyone. right. when they re selling gold as well or when gold doesn t rally in that circumstance, that s also scary. now, we did see a little bit of a rally in gold on thursday afternoon. i actually told you that was a signal for me to buy some stocks because the market was taking this seriously. for the one-day window, those trades all worked. except for general dynamics, but we won t go into that. neil: defense stocks could take it on the chin if we get tough on saudi arabia, right? that s true. and you could name a defense stock, i m probably long the name.
expensive for most people there instead he selling his wine locally other british entrepreneurs are making similar plans you know. we had no increase in the number of people wanting to leave england while they still can. not yet. the state of the pound would if it continues to fall and doesn t rally again it might be the time to start looking elsewhere to put that program from a business standpoint being part of europe isn t a bad idea either so that buying movies in the. future. in a may a group of british ex-pats meets every thursday for drinks and a bit of rock and roll. some are so outraged by bricks it that they intend to turn their backs on their homeland for good we were very angry very upset at the time. when it went after the vote you know because we ve we ve got a twelve years and i just think it s crazy it s crazy decision but we do know that
incentive need look no further than monday s market results around the rest of the world. ed on-on-the strength of last week s big rally. they lead the way lead by shanghai. the dollar was broadly steady against most major currency. crude has reduced the demand for bonds with yields on 10-year notes yielding their highest point in almost two months. after climbing to its highest point in nearly a month the euro tumbled after warning on monday from standard & poor s that greece would likely be in default if it followed a plan pushed by banks. many on wall street are starting to focus on debt ceiling negotiations in washington as a possible market distraction that could take the wind out of doesn t rally s
messages have come forth from these people, that they wish to have a good and decent life and this is a spectacle and says something about the belief and all people have this love of liberty in their dna and anyone in a conservative world, by the way, talking about this and from washington. anyone who doesn t rally through the support, stirred by them, i feel sorry for them. oh, i think so many people around the world have been stirred by what they ve witnessed in egypt and expectations are running very high, that we should see similar protests lead to some dramatic action. in other countries, what s your fork at this point? do you think we are going to see or regimes come toppling down in the months ahead? well, there is a kind of an arab world and then there is of course, each country has its own reality. for example, i love this rebellion and sparked in