Fellow for International Studies here at stanford. Going to discuss the brandnew booking see the title on their slide on your screen, the button the Nuclear Arms Race for president ial power which puts readers on the frontline of Nuclear History and offers policy prescription for a safer future. As many of you know he served as a 19th u. S. Secretary of defense nick Clinton Administration defense policy armscontrol and along undistinguished history at stanford he is a senior fellow at the Hoover Institution as well part he was the codirector of the center for International Securities in 1998 to 1993 and completed both his bachelors and masters degree in mathematics here at stanford which is particular impressive to me because i did not get into stanford either as an undergraduate or graduate. Hes now the michael and barbara emerita at stanford. Its great we can see you today, we also are thrilled to have his coauthor here. So tom is a director is 30 years of washington d. C. Experienci
The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will open the senate with prayer. The chaplain let us pray. Eternal god, give our lawmakers the wisdom to remember and be grateful for all the things you have already done. Lord, you have sustained our nation during seasons of war and peace. You have helped us to find creative ways to strive for a more perfect union. You have provided us with solutions to difficult problems, just when we needed you most. Let this day be a time when senators find time to thank you for your bountiful blessings and faithfulness. As our lawmakers strive to live one day at a time, may they keep their focus on your power and love. We pray in your merciful name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding
And louisiana congressman whip Steve Scalise on the new immigration rules coming out of the white house and Energy Secretary rick perry. The president promoting turning natural gas into plastics, you dont want to miss any of those fine gentlemen. Lets take a look at the market, futures pointing to low e open this morning, 86point loss on dow futures, losses across the board after bruising week last week and bruising start of the week with dow shedding 390 points, Goldman Sachs issuing warning on trade, does not believe u. S. And china will reach deal before 2020 election, treasury yields tumbling in yesterdays selloff amid global worries, trade fears, you take a look, 1. 3 , i said this yesterday, 1. 3 is the record low on 10year treasury, we are not far away, jon, your reaction with what really started last month in terms of a trade war and now currency war . Jon worried that we could be heading toward a recession, i was looking for confidence calls yesterday and youre starting to see
My eyes are all on the bond market, both the 10 year and 30 year perhaps approaching the record low. Im taking a look at Cathay Pacific shares. We had reports about the airport in hong kong, whether flights or canceled flights were canceled or not. Right now it looks like only check ins were canceled. Dollaryen continues to strengthen come of strongest yen has been in the last 18 months or so strengthen, the strongest yen has been in the last 18 months or so. David we are joined by bloombergs Marty Schenker and sarah ponczek. Lets start with argentina. A chart here shows the price of credit default swaps in argentina. You dont need to know calculus to know that is not a good thing. So why are people so nervous about mr. Macri going out of office . Marty because they are very protectionist, and everybody is heading for the exits. Taylor i spoke to damian who covers aerday, lot of the emerging markets, and asking him what gauge measures the risk the most. What in your area you are resear
[inaudible conversations] [inaudible conversations] thank you for joining us for the second part of our discussion on strategic posture. We focused on what was at the heart and are compatible focus on what we think discussion with leading scholars on the proliferation so directly to my left, a senior fellow for security, Deputy Assistant secretary of defense here and head for policy. We have the army Board Director of capital of the department of defense and the Vice President for Global Programs of the strategy. I like to kick off broad questions. We just heard about the findings or recommendations but i want to ask you, do you think the commission met its mark and come up with a solid path forward . What recommendation would you like to see in the bus. The secretaries of defense in 2009 timeframe and commerce was arguing to build reliable replacement and they are debates the couldnt resolve and the commission with these issues, many of the ideas for in an influence in modern life i.