Welcome back from the break. We hope you enjoyed some coffee and refreshments. We had a terrific panel this morning and this afternoons panel or earlier this afternoon and this next panel promises to be just as informational and jam packed. So im going to turn things over to my partner and friend former ambassador to canada, currently a member of the u. S. And Global Boards of dentons. And just an all around good guy. Gordon. I hope somebody wrote that down. Welcome. Im biassed but even in the presence of my friend ambassador gary durham will claim this will be the most interesting panel of the day. And we even recruited an american to be on it. You were there playing an american i think, north american. So im honored to be here as the person facilitating this conversation. To my left physically but not idea logically is the former Prime Minister of canada, steven harper. To his left which may be true, im not sure, is the former speaker of the house Newt Gingrich and to his left is our
Good afternoon everyone. Welcome back from the break. We hope you enjoyed some coffee and refreshments. We had a terrific panel this morning and this afternoons panel or earlier this afternoon and this next panel promises to be just as informational and jam packed. So im going to turn things over to my partner and friend former ambassador to canada, currently a member of the u. S. And Global Boards of dentons. And just an all around good guy. Gordon. I hope somebody wrote that down. Welcome. Im biassed but even in the presence of my friend ambassador gary durham will claim this will be the most interesting panel of the day. And we even recruited an american to be on it. You were there playing an american i think, north american. So im honored to be here as the person facilitating this conversation. To my left physically but not idea logically is the former Prime Minister of canada, Steven Harper. To his left which may be true, im not sure, is the former speaker of the house Newt Gingri
This proposal. Yeah, that is a new slide that just got put up except for the fact that looks identical to the previous slide. There was identical service delivery. There is identical entitlement optimization. There is identical relaying of choice back to the cable system and there was identical delivery of programming. So what is the difference . Desire to systems that work the same. The difference is one is close and one is so good. They have no choice today. So with the competitive box or app functions exactly like the box or act in the cable system forces you to rent today, then the protections for copyright and security are the same. That is required. Theres nothing in here that allows third parties to disaggregate cable content, sell advertising around it, you know . Theres a misrepresentation thats been made today with the assertion that this item does allow that, an assertion that it creates all kinds of opportunities for free riders. It takes the same product that goes through
Premarket. The company forming a special committee to review allegations about its business relationships. Analysts call going on now. Mixed review for yahoo first ever live stream of an nfl game. And trump speaking out in a town hall today on the today show. First up, the dow, s p, nasdaq each aiming for a fifth consecutive week of games. The s p up more than 8 this month, vaulting back into positive territory for the year. As we said, a busy week ahead. A lot of earnings including results from apple, pfizer, merck, exxon, dupont, starbucks, twitter. The twoday fed meeting, on wednesday, right here on cnbc, the republican president ial debate. Coverage at 5 00 p. M. Eastern time. As far as stocks go, jim, october remains the best month since 2011 for all the major indices. We have seen an incredible rotation out of health care, out of retail after the vf corp numbers last week. Into industrials. Into technology. The financials have held up fairly well. Not great. Not bad. Insurers hav
Some new type of trade restrictions that are there. You need to think about services, data, and how you can sort of use the trade agreements itself to throw some friction into global trade policy in the sense that you really want an agreement here, which can at least for the future divert trade in the sense that you push countries like china, india, brazil and other large economies in the world to become far more favorable to more of a western type of model of these issues. So if you find that sort of combination, it is going to be a fairly good agreement but i dont think were going to have higher hopes for going beyond that. I alluded a little to the geopolitics which sean spoke of. Phil, what do you make of the geopolitical arguments for the agreement . How important is it relative to the economics which frederick just articulated about . Is it about security or is it about writing the rules of trade before china and india and brazil do and is that important . I think it is both, bot