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Market out west, ethan kerzwhile and gene munster happy friday to everybody. Talk some markets and tech here. The nasdaq extending the win streak to ten for the First Time Since 2015 the index posted the 41st record close of the year. Last time the nasdaq had a win streak longer than 10 was a 12day streak back in july of 2009 what a week it has been for tech, gene we had s p 500 tech sector recovered that 2,000 record. We had the ad line, some argue, get a little extended here how are you feeling . Still feeling good about certain names. I think some names will be displaced. The quick ones that we think will be the winners, if you look around ai, robotics, ar, thats google, tesla, apple, those are great plays. The ones i dont feel good about are ones that had a great week like netflix so to answer your question, generally good but on a case by case. Ethan, how are you feeling about microsofts numbers last night . The stock was u ....
In 2024, it becomes the entire dod budget. That will not happen obviously. What highlights is the danger of that crowding out of other defense investments and acquisitions and capabilities that we will need in the future. Brad talk to lead a bit talked a little bit about how we make sure we have the right mix of capability that we want in the future . There is a question of who you trade off current capacity for readiness for future capabilities . Even if we are looking at only the 500 billion in cuts over 10 years, money has got to come from somewhere. There is a limited number of places where you can generate that from. Secretary hagel and the vice chairman, when they announced the results of the strategic choices in management review back in july, they want to prioritize and emphasize the feature capability and we are willing to take some risk in current capacity. I think in an ideal world, all of us would say that. I would say that there is a bit of a danger. One of the things we h ....
That we normally dont have heard namely 25 fuel efficiency as an example. We very much would like to have competition on all of our programs. Continues,estration its compounding effects, we may be forced to down select earlier than we would like. That is the risk of sequestration, ok . I would like to give an example that is exactly what had happened on jack comes program. Joint air to ground missile it 30 million mark and then a 69 sequestration on top of that. It is not that we wanted to make the cut, but we were forced to cousin budget shortfall. General posten would you like to add . It is critical not only because as you say we have fuel savings, 25 there. It also has a maintenance savings. It is key to our developmental programs in the future. We are working to get that in the current platforms of and apache but it is also tied to our joint multirole aircraft. Sequestration places this program at risk of having to do it early down select which will, appearsntinue and it that we w ....
Christine processed christine trust will have a microphone and will be able to ask questions of the panel. Thank you very much. Im deirdre english. I cannot claim to the same level of neutrality and objectivity that professor schrieber brought to this work. I have debated in the past, and not entirely successfully. She was very good. And i have written critically about conservative women in the past. But i have also gone as a journalist with great interest to alaska, to sarah palins hometown, with something in the spirit that you brought to your work, to try to understand her religion, her neighbors, and her background. And i really appreciate your scholarship, and i appreciate the effort made to try to understand, to see to understand and then to be understood. I think it is a good principle. I appreciate the respect you brought for your subjects and your own openmindedness and youre pointing out their importance for social science as well as politics. I think you have established, if ....