You may not have felt pressure. If he is even asking, to me that is a very relevant piece of information. At least in terms of the conversation with admin rogers, we will give at least another individuals version. At some point, these facts have to come out. Senator refressh. Thank you, director coats and admiral rogers for your testimony. With all due respect from my colleague from virginia, i think you have cleared up substantially your direct testimony that you have never been pressured by anyone including the president of the United States, to do something illegal, immoral or anything else. Thank you for that. A live look at the Senate Intelligence hearing there in washington, d. C. Neither rogers of the nsa nor coats of the dni believe it is appropriate to discuss conversations they have had with the president in a public session, not commenting on whether or not they would Say Something similar in a private session. We are watching this as we work our way through this day and prepare for comey tomorrow. Dramatic stuff there, carl, as the top democrat on the panel, senator mark warner of virginia, quizzing the director of National Intelligence and the head of the nsa on whether or not the president asked them to intervene in the fbi investigation into russian meddling in the 2016 elections. There are media reports that both have told associates or other officials that, in fact, the president did reach out to them and ask them to take some steps to intervene in that fbi investigation, both responding in various ways according to those media reports. Neither man felt comfortable discussing their private conversations with the president of the United States in an open session. Both saying that that information is confidential. Interestingly, not saying that they feel that the information is classified, necessarily. Coats providing an answer there that he says he never felt any pressure. So what coats is testifying to is what his feeling was about whatever it was that has happened over the course of his career in terms of interactions with the president. Coats not denying here and rogers not denying here that the president ever made those calls, simply saying they dont want to discuss anything to do with any of this in a public setting, carl. We are talking about the dill lynnation between whether one feels pressure and whether another individual says something is that may or may not have said something that lead them to feel pressure. We will come back to you in a few moments. The hearing comes as the president makes his pick for a new fbi director. Joining us on the phone is former fbi special agent, joe roebuck, a 30year veteran of the bureau and currently a consultant. It is good to have you with us. Good morning. We can start with this hearing or talk about ray. Wh what strikes you as most important . What i really know about is chris wray. I met him about 20 years ago, worked on a particularly difficult case with him. I grew to really have a great amount of respect for him and have kept up with him since then. How tough is his job going to be if he does get confirmed by the senate . Already, President Trump has raised questions about our intelligence agencies. We take hearings live like this one where we are seeing testimony from some of the top intelligence officials in this country. What does that new fbi look like under President Trump . With chris wray at the helm, i think the fbi is going to get back on track. He is incredibly intelligent. He has got tremendous work ethic. He is calm under pressure. Most importantly in my mind, he is a patriot. He is a family man. Politics dont factor into his decisionmaking, im sure. He has got all the tools to be a tremendous director for the bureau. Are you suggesting that comeys did, his politics factored into the decisionmake sng. No, im not weighing in on that. What i am excited about is mr. Wray taking over the helm of the bureau, which i loved, having worked there for 30 years . I think the bureaus agents are going to be really proud to work for chris. We talked to some people this morning who worked with him or knew him, for example, during the enron task force, a task force that he didnt necessarily lead but helped administrate. One person said, as you said, very smart and missionminded, perhaps not the prosecutorial chops that comey already has. Would he have to grow into this job . I would beg to differ there. He is the best prosecutor i e r worked with. I worked with him early in his career. He was young. He was in his early 30s when we had our case together, which was very complex, very highprofile. He came through that case with flying colors. I just was surprised how great a leader he was for being as young as he was at the time. I have no doubts in my mind that he is going to be a terrific leader. He has done nothing but grow his abilities and capabilities and obviously resume since we worked together very closely. I couldnt be prouder of the guy, really. I dont say that about too many people. I am really proud of him. Other than my sons and my wife and certain of my friends, and chris among them, i am proud of him. He is a true patriot. He is kind of a character out of a tom clancy novel. I mean that in the best way. You will find that out after he gets on the job. There is no doubt in my mind. That case we worked together in atlanta, one of the highlights of my career was after the case was over and we won the case, i interviewed the jury as i am prone to do after big cases. I will never forget something they said. They said, we didnt think our government was capable of working such a complex matter. They said, were proud, were proud of you guys. Were proud to be americans today. Talking to an fbi agent who believes in god, family, country, ive never forgotten that. I thought, we did our job and they were particularly proud of chris wray. They had a nickname for him in that case. The nickname was the bulldog, which is a particularly complimentary nickname when you come from georgia. What they meant by that was he didnt let the defense obscure the prosecutions case. He was firm but he was always a gentlemen throughout the trial. Joe, its a remarkable story. We look forward to learning more about him as well. Thank you for your time. We appreciate it very much. You are welcome. Joe roebuck, former fbi special agent with gold shield 1811. Lets pivot to john fortt at the iconic conference with a look at whats coming up on squawk alley. Small business and growth is the focus here. Im going to bring you in just a few minutes sarah rob ohagen hoist ceo of a highperformance technology and workout company. We are going to get the skinny on that and where premium workouts are going coming up on squawk alley. President trump tries to jumpstart the legislative agenda. Where do we stay on nafta . This type of uncertainty is not good for investors. How long do we have until the lack of hiring becomes a threat to the trump agenda . Transportation is the transportation is the arteries of i love to see businesses that just started from ground up grow into further success. It just feels good to know that im helping someone else. My first goal is to learn about their business, what theyre currently doing in their advertising. Pull some research, create a great story. Trying to figure out some way of building some kind of trust in a very quick moment. You have to love to work with people. Our goal, without a doubt, is that all customers are satisfied before they leave. Apple making the push into original content premiering its new show last night. Josh lipton. Apple made that First Episode free. Subsequent episodes will air every tuesday. They pitched their apps to a panel of Stores Including will you i am and gweneth paltrow. It connects people to professional interior designers integrating a. R. Technology. That won over jessica alba, who was also on the show. There are more shows to come, including a documentary on sean combs in june, one on clive davis in the next few months and car poole karaoke debut ns augus in august. It could help differentiate them from rival Services Like spotify and give a boost to the Services Business where they jumped 18 to more than 7 billion. Got a cracked iphone screen . Apple has a solution. They will be bringing their custom horizon machine that can fix such damage to 400 locations by the end of this year. Thats going to include thirdparty locations like best buy and independent service providers. Before this, they had restricted the use of that machine to its own 495 stores. Back to you. Did you watch it, josh . Variety says it is not terrible but a bland tepid knockoff of shark tank. That seems pretty harsh. That is pretty harsh. Listen. At the end of the day, what apples ceo, tim cook, is doing, i dont think they are targeting amazon and netflix but trying to strengthen their music service. Ho hopefully give you another reason to turn to apple music rather than spotify. Thank you very much. We are also watching shares of tesla hitting alltime highs as ceo, elon musk, makes more headlines. Our phil lebeau, is in chicago. Phil, the shares are up almost another 2 . Yeah. There are plenty of nuggets at this annual meeting to make people say, i am pretty optimistic about the nearterm forecast from tesla. Lets talk about a few of the things he mentioned during the annual meeting. Model three is what everybody is wondering about. With regard to that, the production and deliveries will start next month. Thats a little sooner than many people thought. They thought it might be pushed to august or september. New Assembly Plant coming for the model y, which is the crossover they plan to put out by 2019. Where it will be remains to be seen. Also, adding more gig ga factories. Elon musk had this to say about the electric semi truck they plan to show in september. I really recommend showing up with a semi truck, unveiling. Maybe there is a little more than we are saying here. We will be there when they unveiled it in september. We want to show you tesla versus fof ford over the last six months. The new ceo, jim hackett, may need to cut the earnings outlook by 50 . One more reason why shares are under pressure today. Guys, back to you. Sort of related to tesla is something musk said on twitter yesterday. He was asked about, or he retweeted a study that suggested that ai will be able to beat us at everything by 2060. His response, closer to 2030 or 2040 in my opinion. 2060 would be a linear extrapolate. Progress is exponential. We brought this up with cramer this morning. It is hard to argue with someone who is clearly this smart. Well see. He has a new venture on artificial intelligence, one of those that thinks about robots. We are in the debate of not if but when and whether it is, what did the treasury secretary say. 50 years away. He walked back on what he sa said originally. The u. K. General election taking place tomorrow. We will check in with sir Martin Sorrell in a minute. What you have released. Is unlike anything we have ever faced. [ sinister laugh ] whats happening . You have been selected. [ dramatic music ] give in to me. Im scared. [ screams ] [ dramatic music continues ] [ grunts ] the mummy. Rated pg13. The u. K. General election takes place tomorrow. Our will ford frost is in london with a special guest. Good morning. Goo morning. I am joined by sir Martin Sorrell. Good afternoon and Early Morning on the west coast. Thanks very much for joining us. Pleasure. First question in terms of the election. You have theresa may who is believed to be wanting to push for a harder version of brexit. Im not sure we know the answer to that question. She keeps her card so close to her chest. We dont know whether she is hard, soft, or in between. With that in mind and on the other side, jeremy corbyn, someone who wants to hike corporate taxes to 26 , who is better for business . Well, i think the incumbent government with an increased majority is probably better but because i dont know, maybe people who do know where she stand on brexit, whether it will be hard, soft, speaking for wpp or myself, you would like to see a soft brexit quickly but we are likely to get a harder one other a long period of time and a question of whether we will get one at all after two years of negotiation or some transitional arrangement. I think the odds are that she is probably in between and that we will see a good majority here in the election will enable her to keep hard liners, hard brexiteers in check. That was one of the reason she called the election. The other being she gets more time, another two years. Thats the Crucial Point talking to people who claim to know. It gives her two more years or the option of two years of a fixed parliament anymore. Will that option of two years . Two years after the transitional agreement or into the transitional agreement or after we fail to get a deal, she will have two years to get things right . Jeremy corbin not expected to win. The polls have got things wrong. Could he win . Not win. Could there be a hung parliament, probably an outside probability. I think most of the people here going into the election and its famously stupid to forecast, most people are looking for, i think, a 50 60 seat majority for the conservative party. Thats generally where people are settling in. You dont make money by betting on where the herd is but the extremist. You do a huge amount of work with Online Internet companies, social media, like facebook and so on and so forth. A lot of hard, tough rhetoric from the home secretary and theresa may, the Prime Minister, after the attacks. After the terrible events, the Prime Minister had four statements in the statement from downing street and the second one was about Internet Companies and new social Media Companies and how it was necessary to be able to influence them in terms of the dissim nation of extremist content. This is an issue that we find with Consumer Brand safety. You saw vodaphone statement that they were listing sites into black sites, forbidden sites for their content, uncurated concept was and white lists of site so they are narrowing down the choices, if you like for distribution of content. It is a commercial issue as well as a political and social issue. Do you expect, there have, to see tougher laws in the next government for conservative sns. Probably if it is labor as well. Do you think it will be a big hit to these companies . These are 100 brand survey came out this week. The 12th that we have done. The first time the fearsome five, the Big Five Tech Companies have dominated the table, numbered one to five as they are for market. They have the resources, they have the scale, the revenue, the profits, the margins, the market cat to withstand this. With power comes responsibility. I think that i know they are looking at it. We work closely with google. It is the company in which we invest most with our clients, 5 billion last year or close to it out of 75 billion which is our media portfolio. Facebook was number through, 7 billion. This year, i would expect facebook to grow. It could be our second biggest investment after google. They have the power. They control what, 75 of the digital market, which is in turn 30 of the worldwide market. 20 , 22 of worldwide advertising. They have the resources an the scale to make sure that this is done as right as it possibly can be. Eric schmidt said you cant cover it 100 and he is right. You can certainly narrow the odds. You have just come from your annual shareholders meeting. Yes. 21 of people voted against your 48 Million Pound payback. You say payback. It was pay for performance. Based on five years of performance. There were two votes. One was the vote on the single number, which you are referring to. Again, determined by performance. The second vote was on policy, which has changed and shifted. That was, i think, 90 , 92 in favor. 21 , do you see that as a protest or an improving trend . If you look at the history, its an improving trend. The plan that you referred to that matured last year and the one before were both plans that were approved by 80 of the shareholders several years back. So this has all gone through shareholders. Opinions have changed. Well see. This is related politically as well. The conservative party, as the labor party moves to the left, the conservative party has taken the Center Ground and you could say center left. Some of the material, some of the measures in the conservative party manifesto, a lot of people say, could have been written by a center, center left labor government some years ago. Politics have shifted. The big issue, in my mind, and a big issue in the context of the election result, is if the conservatives have a decent majority to negotiate the arrangement, will it be good for business . Will the agreement negotiated with the eu, be good for business . There is a feeling that the conservative party is ignoring the views of business, rightly or wrongly. It is the feeling. Not the sort of thing you have in the u. S. With the obama administration, where as now with the trump administration, business has much greater access than before. At the end of the day, well see how it comes up. Business wants a closer link to the government, to the conservative government. A question from sarah in the studio. Im glad you brought up the trump administration. Sir martin, nice to see you. I just wanted to know if you thought the election outcome would make a difference. Good to see you. For the special relationship between the u. K. And the u. S. Specially after President Trump picked that fight with the london mayor after the latest terrorist attack . I think probably the conservative government will be or a conservative government will be more u. S. Friendly perhaps. That would be my personal view. I dont think that one can point to any particular facts of that nature. I think probably it will be. The Transatlantic Alliance is still strong, very strong, will be reinforced by a decent majority. Business as a whole so we are quite clear want to see a decent conservative majority. Probably not one over 100 seats but something around the 6070 seat level to give the Prime Minister enough clout with brussels, without perhaps going too far one way or the other. Sir martin, thank you so much for joining us. Thank you so much, indeed. Sir Martin Sorrell. Back to you. Always love hearing from sir martin. Markets are about to close in the u. K. In spain, where santander agrees to buy them for one euro. He is set to raise and support the balance sheet. Germans utility is getting a lift after they ruled a Nuclear Fuel Tax unconstitutional. It paves the way for rwe and eon to claim billions of euros and refunds. Close to the bottom of the hour. Lets get back to sue herera with a knew update. Thank you so much. Here is whats happening. Former vicepresident , joe biden shall is in athens, meeting with the creek Prime Minister, alexis siprus. Biden spoke at a conference in which he stressed the need to address global warming. Although the president has announced we are withdrawing from paris, a number of governors and mayors are personally engaging the United Nations directly to say not us. Were not leaving. The vast majority of the American People do not agree with the decision the president has made. Security camera footage shows the terrifying moment that a hammeryielding man attacked a Police Officer outside Notre Dame Cathedral on tuesday. French police shot the attacker rush to a nearby hospital. New data from the American Cancer Society shows deaths from liver cancer have doubled since the mid 1980s. The major factor, an increase in hepatitis c infections among baby boomers. That is the news update this hour. Back downtown to squawk alley. Sarah, back to you. Sue, thank you. Straight ahead, fresh from ringing the opening bell this morning, right here at the new york stock exchange, we will talk to mark hunter, the ceo of molson coors, about the beer business. Right here on squawk alley. Well be right back have the n m. And at 4. 95, you can trade with a clear advantage. Fility, where smarter investors will always be. And at 4. 95, you can trade with a clear advantage. We rbut we are not victims. Ack. We are survivors. We are survivors. We are survivors. And now we take brilinta. For people whove been hospitalized for a heart attack. We take brilinta with a baby aspirin. No more than one hundred milligrams. As it affects how well brilinta works. Brilinta helps keep platelets from sticking together and formg a clot. In a Clinical Study brilinta brworked better than plavix®. Brilinta reduced the chance of another heart attack. Or dying from one. Dont stop taking brilinta without talking to your doctor,. 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Clearly, mexican beer is very hot. Weve seen that with c constellation and corona. Mafamerican drinkers have a g mystery of drinking lighter beers. With coors light and miller light, we have two of the best lighter beers. We are delighted to strike a deal with heineken and will be representing from later this year. Are trade frictions with mexico, between the u. S. And mebs c mexico, a risk . I dont think so. There is lots of rhetoric around that. Lots of transfer from tourism to beer. I dont see that as a longterm risk, ill be honest. Are we see any movement in the share between beer and spirit s spirits . The good news is beer is still by far the biggest part of alcoholic beverages market. It is under pressure from wipe and spirits. Thats where the development, broadening our portfolio and making sure beer is really relevant and has meaning is so important. Thats whats really central to the way we lead our organization. Example . If you look at some of the great work we have done in blue moon, one of the original kraft beers in the u. S. , here we are 25 years on. The brand is becoming more popular and still growing are brands like coors light and miller lite. The u. S. Beer industry is pretty soft so far this year. Is that normal volatility or do you see this as a more lasting trend away from beer . I dont think the weather has helped. You guys know that here in new york. Thats not been helpful in the last month or so. The longterm prognosis for the Beer Industry in the u. S. Is very strong. The margin pool has been expanding, which is a great place to compete. As long as we continue to evolve our portfolio and cover the majority of occasions in the marketplace, we have been around for a couple of secenturies. We will be competing very effectively in this marketplace. Sarah asked about trade. I dont want to hit policy too much. You are in a business that relies on Natural Resource to a large degree. Does the company have thoughts over paris accord in the president s move . Well, we have something in our business we call our beer front. We recognize across the world where we compete we leave our beer print. It is essential to the way we lead our business, Corporate Social Responsibility program, reducing our carbon footprint, reducing the amount of water we use. That doesnt change in our business. Thats who we are and how we lead the business. Does it get easier or harder with or without policy tail winds . If you have support, obviously, thats a tailwind. Without support, we get on with things because it is the right thing to do from a business perspective. Dont hear a lot about the border adjustment tax anymore. It seems like it is dying. At least in the senate and administration. Does it change your view of how you look at production and where you are planting the plants . The majority of our beer is produced incountry. We are an international brewer. We operate in well over 50 countries around the world. We are supportive of the proposals to change Corporation Tax and make the environment even more competitive. It doesnt change anything for us. The majority of our beer is brewed here in the United States. You mentioned some of your mainstream brands which you have grown and have loyal fans. What are you doing at the highend . Analysts say thats the Fastest Growing part of the market and are unclear on your strategy. We have a very broad portfolio. Mainstream like coors light, miller lite. We have worked to increase brands like blue moon and some of the kraft acquisitions and import portfolio and also our flavored malt beverages, brands like red. Hence, the deal with heineken this week. Miller lite had famous commercials in the 70s and 80s. Say share of dollars going, where are you . It continues to shift toward digital. Content is still king. Actually, producing great content. It drives conversational current, real meaning with consumers. Thats what drives us in our organization. Mark hunter, thank you for joining us on your analyst day here at the new york stock exchange. The ceo of molson coors. Deirdre bolsa has an interesting story. It certainly us. Cnbc has learned that facebook is plan tog move whatsapp to its own data centers. This is not good news for ibm. Whatsapp is one of the most downloaded and used apps on the android operating system. Our cnbc. Com reporter, giordano vac breaki breaking this. I. B. M. Would not confirm or deny the move. They are saying we are proud of the role of lost the audio but got the important news. Interesting after the lululemon scenario blaming the outage on ibm. 20 hours down. Ibm still in the green for the day. Currently up just about 17 cents. When we come back, what the ceo of adidas had to say about competition with nike. Squawk alley will be back in a moment. 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Two big soda names downgraded today, a move jim cramer calls heresy. The one group of stocks hedge funds are betting heavily against. Well talk about all of that at noon. Sarah, well see you in about 15 or so. See you then, scott. Thank you. Adidas has certainly managed to outshine their competitors. Very recently, there have been concerns from analysts and investors about promotions on adidas sneakers at foot locker and dicks. Some are wondering if it points to a peak in the hot, retro athleisure trend. I asked in a cnbc exclusive about those discounts and whether they signal the fashion fad is changing. We have a set of franchises, the white tennessee is one of them, continues to be a great, great business and new fran choices coming in. We are not really concerned about that. We think we will continue to see high growth but different growth rates for different franchises. This idea that retro has been working so well for you and has fueled your comeback, some would say that fashion fads come in and out and this is certainly one of them at a time where at hc athleisure is a category is rolling over. 70 is growth and 30 is average. We are a sports company. The trend has been our friend. There is no doubt about that. We are much more than that as twothirds of our company is sports. We are quite comfortable with the outlook. If there are changes coming in the way the Growth Profile is looking. Whats interesting is this upswing in business for you here is coming in a very painful period for retail overall. We have soon a wave of bankruptcies and store closures, traffic declines at major stores. Is that affecting you at all . Not at all. We have grown. We are betting on the bigger franchises like Dicks Sporting Good and foot locker. Two very large franchises and secondly on our online business. We grew 53 last year and 53 globally in the quarter. We have not had any impact on sto the store closes you have seen in the u. S. You mentioned your competitors. Your stock is up 44 in the past seven months. Under armour is down 44 . Nike is flat to negative as well. How do you assess whats going on specifically in north america in the competitive environment . No doubt we are outgrowing the market in the u. S. We are very satisfied with progress. We are still not satisfied where we are. You are clearly seeing it in the stock right now that we have outgrown the market for the last three years. Our guidance is above the guidance for our competitors. The First Quarter shows that we are the best performing sports brand in the industry. What about europe, have you seen any change in Consumer Behavior or sentiment as a result of increased terrorist attacks in the uk and europe broadly . We clearly have had a political situation that has been quite uncertain with the number of large elections have already taken place. You have brexit an the election in the uk coming. You are seeing fairly conservative consumer sentiment, which is also impacting the overall consumer spend. Gdp is stable at a very low label. We have dramatically outgrown the market but not seeing any optimism coming through. You are seeing it. You are seeing consumers being concerned. What about the relationship between the u. S. And germany . How does a company like yours who operates and is growing very fast in the u. S. React when you hear your leader, angela merkel, say they might have to rely lesson partners like the u. S. And europe has to take its des stip a stin any into its own hands . It has clearly been a great relationship and greatly benefited. Most europeans feel emotionally very connected to the u. S. Americans the same. Emotionally, it is a difficult period of time. We are a global company. We created 13,000 jobs in the u. S. , we we see today and we see the u. S. As a single best market. How do you operate where you have two countries that may be separating themselves. Thanks to kasper royston. That was taped earlier today. Specially as it relates to some of the promotions, that are getting a lot of buzz, jeffrey has said the promotions on adidas may mark an influx point, peak marketshare growth in the United States. Good for under armour and good for nike. According to rorstad, he didnt deny that is taking place, the promotio promotions on some of the new sneakers. We have a new fresh ideas and this 3d printing sole which adapts to your foot and running style. He says it is only 30 of our business. The rest is in other sporting categories which are clearly doing really well. He wouldnt tell me when the world cup jerseys come out. They have a few catalysts down the line. You have a company in all these cross currents of retail trend, fashion, and geo politics. He wouldnt give me any details of that deal. Kanye west continues to be the standout product story for adidas. You are looking for your cameo on keeping up with the kardashians. Lets send it out to john fortt with a look at whats coming out next. John . Sarah, you were talking a little bit about athleisure, now, we are going to talk about athletics and sarah rob ohagen is going to join us. Thats coming up. Welcome back. Im jon fortt. Here at the iconic conference in new york. Sarah, ceo of fly wheel sports. Thanks for being with us. So, you have 42 actual locations around the country. Where people do really intense cycling. Part of this premium fitness, i dont want to call it a trend, thats going on right now, but youre moving in home. A lot of people are going to think peloton when they hear this. Putting bikes in peoples homes and youre going to do content streaming to people to get involved. Whats the Business Model there . So, we, as you said, we began the business of very intense studio cycling. Whats unique, its a bunch of technology on the bike in the experience, so, when youre riding, youre seeing your scores on a board. Youre potentially competing with others in the room. Weve built this Passionate Community and we realized they want to be able to take the experience where ever they are given streaming technology. So, were basically extend iing the experience from the studio into the home, so, yes, youll be able to buy a bike, put it in your home and take the class or in the studio. You havent released all the details on the bike itself. Right now, around 2,000 bucks is what people expect to pay for that kind of a wik bike in home. Is that the price youre target something. Whats interesting when you look at home bikes in general, they start at a low, 400 bucks if you dont have the streaming content over 2,000, so, we think theres a lot of opportunity within that range to you know, appeal to different ways with different price points and consumers. Is this in a way a play to lower your capital costs . Is as you grow . Because commercial real estate can be really expensive. Especially in the areas, the urban areas, where those ma len yals and above that you want to attack. Is this a way around that . Do you expect to grow out those new locations as well . Absolutely. I see it more as a Multiplier Effect on that. So get the customer first, then and i believe the studio has become the beacons of what the brand offering is about. Its kind of no different to think about apple stores have become this beacon of the whole experience. Were quite bullish about our groups potential on the studio side, but being able to add the streaming piece so people can get the offering is a real Multiplier Effect for the business and consumer. What is the role of content in the exercise community and is it something that people are attached to when theyre not even working out . Or do you screw yourself as creating the kind of content that people will lean back and view or just when theyre on the bike . Thats a great question. It has to be both. What were seeing happen in health and fitness, giant tail winds in the category, Everyone Wants to track efg, but how do you take that data and turn it into motivation . I think that is where the content, leaning back can come in. Help you understand the rides you did this week, how did you perform compared to any other week. What happened differently in your lifestyle . How can we give wrou more information to get more out of your performance. Youve got to make that data useful. Sarah, thank you for joining us from iconic in new york where its all about Small Business and growth and figuring out how to stay motivated in that. Sidewa well be right back. No splashing wait, so you got rid of verizon, just like that . Uh huh. 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Weve been monitoring this Senate Intelligence hearing even as we talk about other topics. Eamon . Yeah, carl, thats right, an extremely contentious moment between angus king and the chiefs testifying right now. King demanding to know why they are not answering the questions of the panel and what legal basis they have for their ref e refusal to answer questions not b about classified material. Importantly, admiral rogers, the nsa chief, said he wants to consult with the white House Counsel on privilege before f he goes forward and answers those questions. Its not clear whether the white house is invoking executive privilege. Part of what frustrated senator king was this exchange between marco rubio and dan coates. I am not accusisking for classified information. Im asking whether or not youve ever been asked by anyone to influence an ongoing investigation. I understand. Ooimt not going to go down that road in a public forum. So, guys, this hearing is ongoing and well bring you anymore developments as they help. Still testifying as we speak. Eamon, thank you very much for that. Well watch for headlines as the hearing goes on. Meanwhile, despite the hearing and all the contentiousness, despite oil down more than two bucks, 4 or so, its like equities are not allowed to down the tick here. Just hanging on. They are resilient. May have an upday to rebound from two down days. Weve got three big events happening tomorrow and i think what eamon just reported only raises the stakes for james comey and his testimony tomorrow. Because he is no longer the fbi director. What will he say . What will he reveal . Also an ecb meeting where it could change the tone on quantitative easing and of course t the british collectiel. Buckle up for this afternoon and tomorrow. Lets get to wapner and the half. Welcome to the halftime repo report. Top trade, make reflation great again. A big call from one wall street firm today which says the rally is far from over thanks to a near goldilocks u. S. Economy the president s agenda. With us for the hour today, steve, the brothers. We begin with the call to stay long stocks that there is just too much pessimism and the u. S