we, of course, welcome those who will join us on c-span booktv in the future. for those watching online, you re welcome to send questions or comments simply e-mailing us at speaker@heritage.org and, of course, we will post the program on our heritage home page for your future reference as well. welcoming our guest today and leading our program is dakota woods, senior research fellow in our center for national defense. mr. woods served in the u.s. marine corps as well as in an assignment in the office of net assessment. upon retirement, he helped organize the national bio surveillance integration system. for five years he served as senior fellow at the center for strategic and budget tear assessments budgetary assessments. please join me in welcoming dakota wood. dakota? [applause] thank you, jon. it s a real pleasure to have you all here, but to have dr. crane all the way down from carlisle where he took the hyperloop, was that it? the fastest run he s ever made to d.c.,
second best month of the year. europe with some mild gains. oil s almost back to 47 on renewed optimism that the opec production cut will survive. our road map begins with the next treasury secretary and donald trump s busy weekend, what the picks will mean for the markets. plus, a mu bearish note on apple predicting a decades long malaise, quote, the risks to the company have never been greater. and facebook announcing a buyback, zuckerberg promising changes to combat that fake news problem. but first up, stocks looking to make more history after a week which saw the dow and nasdaq hit record highs. the s&p s within 0.6 of its own high. jim, that russell, that small cap story continues to be intact. people just say where would deregulation really impact? it would be the smaller guys. it s so interesting that the analysts take their turn at downgrading and not believing. last week we had multiple downgrades in the banks. those stocks held up better than anyone thought
as we re learning more about some of her, where some of her phones came from and how they were destroyed. david: with a hammer? what s up with that? back to the markets. the dow sliding today. walmart, home depot, merck and proctor & gamble among the biggest drags on the market but a very different story for oil today. phil flynn of price futures, fox business contributor watching the action from the cme. and lori rothman on the floor of the new york stock exchange. lori, first to you. forget the dow and the s&p. let s focus on the positive, nasdaq. reporter: the s&p for its part, david is great story. you re right, nasdaq a seventh record close this year. nasdaq composite index with a gain of 8 points. that was enough to put it at a new lifetime high. i was watching s&p down .3 of one point today, at 2186, puts it less than five point away from a lifetime high on the s&p today. trader pointed out to me very importantly over the last 60 trading days stocks have moved in 1 1/2
close. need to dot the is and cross the ts. you need to stay home and stay off the highways so emergency vehicles can get around. this world series these are two talented teams, two good teams, driven teams. it takes four wins. good morning to you. welcome to saturday. i m christi paul. and i m martin savidge in for victor blackwell. lawmakers are gathering on capitol hill for a rare saturday session. the deputy philip reeker is set today to testify before 11:00 a.m., the stop official to oversee europe and asia. if he testifies, reeker would be the latest career diplomat who complied with the house subpoena to appear, specifically going against the express wishes of the white house. meantime 2 million customers in california may have no power this weekend. pg&e said the drastic move may be to prevent, quote, a drastic wildfire. the decision should be made by 8:00 a.m. local time. the houston astros keeping the world series alive. they could tie it up in gam
starr at the pentagon. barbara, we re talking about 2,800 u.s. troops en route now to the middle east. what do we know about where they re coming from? well, these are troops coming from ft. bragg, north carolina. the orders had already been issued, it was all expected. but now today the first of those troops getting on planes, making their way to kuwait, on standby there if iran retaliates, something the pentagon obviously very concerned about. president trump s top military advisor, general mark milley, not ruling out a possible retaliatory attack from iran. when compelling intelligence in recent days showed qasem soleimani planned to attack u.s. targets in the middle east, the trump administration made the decision to kill him, according to milley. the u.s. decided to act because of the size, scale and scope of the planning by soleimani he said. is there a risk now to u.s. safety in the region? damn right there is risk, milley told reporters, but to deal with that risk,