Elected officials, and industry executives discuss during a series of panels hosted by the panels moderator was steve clemons. Im one of those people who admit to going to davos. And this is not to be nice to one of our later speakers, cisco has the chalet on the promenade that you can go win, and i get obsessed with it because you can watch in realtime what they are tracking nefarious activities on the global web. In the internet. Im fascinated by the sources and i am also fascinated at how the sun moves, and how cybernefarious activities move and i always thought connectivity created this problem between trust and fear. Do you trust the connectivity or should you fear it . And im interested to hear how you look at that equilibrium point of how you deal with risk and resilience and what you should be worried about and whether or not we are getting it wrong. Such a great question. I think its a mistake to trust. r it, but i think we should manage it. I think we need to have our eyes op
Elected officials, and industry executives discuss during a series of panels hosted by the panels moderator was steve clemons. Im one of those people who admit to going to davos. And this is not to be nice to one of our later speakers, cisco has the chalet on the promenade that you can go win, and i get obsessed with it because you can watch in realtime what they are tracking nefarious activities on the global web. In the internet. Im fascinated by the sources and i am also fascinated at how the sun moves, and how cybernefarious activities move and i always thought connectivity created this problem between trust and fear. Do you trust the connectivity or should you fear it . And im interested to hear how you look at that equilibrium point of how you deal with risk and resilience and what you should be worried about and whether or not we are getting it wrong. Such a great question. I think its a mistake to trust. r it, but i think we should manage it. I think we need to have our eyes op
Im one of those people who admit to going to davos. Cisco has the chalet on the promenade where you can go in and i i get a with it because you can watch in realtime what they are tracking nefarious activities on the global web. Im fascinated by the sources and how the sun moves and how cybernefarious activities move and i always thought connectivity created this problem. Do you trust the connectivity or should you hear it you look at that equilibrium point of how you deal with risk and resilience and what you should be worried about and whether or not we are getting it wrong. To make it such a great question and i think its a mistake to trust. I dont think we should fear but i think we should manage. I think we need to have our eyes open about the nature of the risk and its an increasingly interconnected world. 43 billion estimated 43 billion connected devices by the end of this year. Thats a massive attack and the mistake that you make is entrusting up to the point where we make ours
There are some other Amazing Things happen, so much for the hope of a rally after the averted Government Shutdown witnessing spasms in the bond market as we kick off the final hour of trade stocks are responding in a jerky fashion of the first dating tray Dow Jones Industrial down 200 reports, s p losing 22. The nasdaq has been toggling a below the flat line right now below seven points, treasury yields that have investors head spinning right now not only is a ten year treasury yield resuming the spike to a 16 year high of 4. 68 the two year treasury yield is near 17 year highs, 5. 1 a 6 , look at the long blonde. This is the thirtyyear hitting 4. 778 earlier and earlier 4. 81, that was the highest since 2010. Why are yields skyrocketing, a couple of reasons, fresh data shows u. S. Manufacturing activity in september slowed less than expected. While it remained a contraction for the 11th straight month it hit the highest level in a year. His Employment Index benefit, that jump back to
On wall street, and squawk alley is live good friday morning, welcome to squawk alley. Im Carl Quintanilla with john fortt, Morgan Brennan is at post 9 for the hour, sara eisen is off. S p 500 tech sector is the best performer this year by a long shot, up almost 40 . The question is, will this continue into the new year mark mahaney joins us to start off the hour, just published his 2018 internet sector outlook mark, always good to get your take happy friday good morning, carl. Whats the headline on this one . Going into 18 we have three constant and one change. At least for the internet aspect, theyve been extraordinarily consistent and we think those Revenue Growth trends can continue into next year second, the multiples are the same they havent changed over the last three years, which should mean the outperformance weve seen in the stocks to date, its all bottom line driven or Revenue Growth driven. Theres less downside risk, despite the outperformance going into 18 and the third th