included the president publicly undercutting the attorney general and the collapse of the republican apf

but unlike other companies, in the case of netflix, it is not so much about the apf in revenue, it is really about the subscribers. this has been a subscriber growth story, court or in and quarter out. good news for both netflix and investors is that expectations are really strong. netflix is coming off of a phenomenal fourth quarter. it was actually their best quarter ever. that has been ceding some bullish expectations going into the next quarter. netflix has projected a 30% rise in subscriber gains. the general sense is that they will handle and beat those estimates. they are looking really good. where, dream graphically are we speaking on the big growth's here. come from's going to the international markets, they are projecting about 5 million new subscriber gains in those markets. of a steadykind state. it is about 1.5 million, give or take. caroline: it is fascinating when you look at the share prices. they got hit by the rough-and-tumble of the market over the course of march, but overall, it has out or formed the likes of facebook, amazon, to a significant degree. it is the ba

our tuesday apf smart data segment. here is julie hyman. value stocks have been rallying so if you combine both? here to discuss small-cap value to remind people that only talk about smart data it is basically etf's that use various factors or criteria in order to form their strategy. so we are talking about small-cap value etf's. why have they been so attractive? >> you have a couple of factors here. a risk on rally so small caps tend to outperform. and then you have the trend towards nationalism and it is supposed to favor smaller companies that are less dependent on exports. and the value comes into play with a tilt towards value stocks. banks have been doing great anduse of rising rates hopes of possible deregulation. so you have the stars aligning. at 35% in's have been the last year and 12% in the last two months with acids growing to $27 billion under the radar. julie: what are the specific etf's that have benefited? eric: blackrock and vanguard are the two big ones. vanguard vbr is the kicker and vanguard is cheaper. the ishares tra

john: we have been tracking phosphorus, who we call apf-35 for five years now. we first found them targeting defense-industrial base in the united states as well as iran hawks, people in john bolton's circle, for instance. pro-israel lobby and a few other targets. lly elaboratea rea social engineering scheme through social media. they have a lot of different capabilities. and even though sometimes their attacks may seem rudimentary, they make up for it with a lot of gumption. taylor: alyza, what do your experts tell you? as you have been reporting, it has been rudimentary skills. thisur experts all agree is sort of the next frontier as we approach 2020? alyza: as we approach 2020 we have heard a variety of warnings from the government and the intelligence community saying that nationstates ranging from russia to china to iran will return with new tactics. some have said that russia, china and iran are already trying to influence the information space, which is the other side of this equation. a majorsigns point to concern within the u.s. government and within th

linechon you in the blue apf estimates for the second half of this year. they've only come down around 3%. this is simply too optimistic for the second half of this year. even if the rest of the business is performing well -- trading, investment banking, represents 60% of these revenues. when i look at the concerns here -- concerns about goldman sachs at some point interest rates will go up. they are benefiting terms of net interest, sensitivity there. goldman sachs in issue here. this actually sticking with the current sector of the business. ,f they are sticking with it maybe those etf estimates to have to come down. >> speaking of the lack of trading revenue, you have to continue to talk about the incredible lack of volatility that we are seeing. this is a cool chart shows average quarterly volatility -- going back to late 1997. we are really low here. there's nothing going on in the markets, hard to generate some trading revenue. this and the left side between 1998 and mid 2000. what i think is interesting here, the was a boom time and markets. we tend

there are still liquidity issues around apf. but now you have things like all and otheraltice companies. when they need capital, they can get it, but it is at a price. brendan: i am fascinated with the story with the amount of french capital moving into the american cable market. it has been difficult for operators to own in different markets because you don't have -- there is much more competition. it is an interesting move for them to come over here. malone has done at the other way, rupert murdoch done at the other way. the u.s. natural gas traded just below two dollars this morning. that is the first time since april 2012. what is causing prices to fall? warm weather and high demand. but there is also a -- an increased supply. i think we have seen technology and other things move the energy complex dramatically lower. demand is reasonable. but it is a supply story. gas, a have both natural lot of geopolitics that are affecting oil supply, so it is all oversupply. brendan: as the price remains low, we will see the demand prof