"Investors have finally got the idea of what it really means to have seriously different type of recovery than what we have seen in post-World War II history, " says David Mann, head of research in the Americas for Standard Chartered Bank.

WSJ: World's Woes Leave Lasting Scars

To go back to your first question, as we have talked about missile defense in the past, what we needed was a system that addressed the idea of multiple smaller missiles, the type of technology which you see tested most frequently, a system that is more able and more quickly deployable to address that.

WHITEHOUSE: Press Briefing

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