Move higher in treasury yields in response to that jolts number. So, adding to the other concerns about supplier treasuries and all the rest, we did have some hot economic data. The question is, mike, where do you go when you are seeing yields move this fast and this far up . Because the safe havens that you go to during a weaker economy like Consumer Staples and utilities are getting whacked on the back of these higher rates because they pay high dividend. Theyre rate alternative. The cyclicals get hurt. Tech is getting hurt because you worry about valuations on the back of higher rates. Whats left . Whats interesting is that tech in particular has acted, at least the very largest companies, have acted a little more as defense than as pure Interest Rate proxies in the last little while. Yesterday nasdaq 100 was up. When you had yields making new highs. Part is the Balance Sheet strength. I guess the other question, though, is do you decide that the market is essentially getting too ne
Feds final meeting of 2017. Jim lebenthal, the question is this will we look back and say this marked the beginning of the end . I dont think so. First off, this particular move is well telegraphed so the market expects it and the question of what will upend this market is any time you see Profit Growth in any way interrupted, and on that front its hard to see anything coming up look, you wont have any news until the middle of january or early january when Companies Start to report and they are more likely to be positive, particularly if a tax bill does get inacted even if theres negative news. They will be looking forward and feeling good about the tax bill. I dont see the fed on this rate hike or anything they are doing in 2018 overcoming the Profit Growth they are looking for in 2018. Joe, a consistent path of tightening does that mark in any way the beginning of the end of the bull market, one of the greatest that weve seen, that has raged since the depths of the crisis since now,
This challenge by addressing not just the symptoms but by addressing root causes . And clicks. You consider the root cause, the introduction we have not seen this. Institute the bio security of the farm level. Clicks backyard farmers which are increasingly important in numerous as well. Place one of the things we have done the earlier Avian Influenza outbreaks came not from wild birds but lovebird auctions. Clicks yes. They have done a wonderful job. That metropolitan new york area was once very heavily involved with certain types. Probably not a fair question. As i said, we have not evaluated the current response that we are aware of the challenges. There will be new challenges identified. Issued a couple of his strategies. How this should be done. A new element that will have to be addressed. Thank you. Once or twice. Twice. The wildest pronunciation of your time. The next hearing. The step back and generalize we think of this is an emerging infection where Global Threats are local t
Nasa peerreviewed research is needed. You asked about critical areas of research. The life and physical sciences survey which was completed in 2011 at Congress Request summarized the sequence 6 summarized an sequenced 65 high priority tasks. Furthermore, the study created two research plans. One with the goal of building a Research Enterprise and the other with a goal of a Human Mission to mars. More about those goals in a moment. You asked about priorities. Prioritizing i. S. S. Research isnt a new concept. In fact, we been working on that problem for close to 15 years. But the key question for prioritization isnt scientific. Its programmatic. It is Something Like this. Shall Discovery Research or fundamental research or Translational Research take precedence in the mature years of the i. S. S. Program . The answer to that question has to be provided by government. Once those programmatic priorities are sequenced can we prioritize the research . Absolutely. The l. P. S. Survey provide
The first officers heard the gunshots and they still ran through that theater. They do an amazing job protecting us every single day. Im grateful for their heroism and i think well hear other stories from folks inside the theaters as details come out. Were switching gears this morning. We have breaking news right now. It is now official anthem is buying cigna for 188 in cash and stocks. The transaction valued at 54. 2 billion on an enterprise basis. This of course, a transaction thats been long in the making. Weve talked about it over and over as other deals have come and gone. Weve seen etna now merge with humana. There will be issues and questions in washington about regulatory questions, about consolidation. Just to give you a couple quick breakdowns, its 143 per share in cash 0. 5152 shares in anthem stock. You might remember this deal was held up for at least a bit because of questions about the roles of the different ceos in this. Questions about what was going to happen to David