The Investment Committee is ready to go. Halftime report starts right now. Welcome good to have you with us our Investment Committee, joe terranova, josh brown, the brothers najarian, jenny harrington, liz young is back, the bny mellon director of market strategy. We begin, where else, the market stocks higher, but, josh, directionless. The word of the moment, you know, were down a bunch then up a bunch and now searching for direction. What gets us back to figuring out where we might be going. Is it all about trade . Really well, it may not be all about trade but it feels like its all about trade headlines and then as we get closer to the next fed meeting, it will be all about trade headlines and whatever the fed remarks are. Its a very mixed market environment. Only 53 of the s p 500 names are above their 200day moving average. Only 35 of russell 2000 names large cap is clearly doing you much better than small cap is. But the s p has really been in a range since the beginning of augus
You know its been a tough day in the markets when we bust out prince yep, investors were crying as the brandnew fed chairman, Jerome Powell testified before the House Financial Services committee for the first time in his new role and sounded hawkish than they were expecting sent the dow down 300 points steve. Cant get over the prince reference. Respect. Very cool. Heres the question will powell be singing a different do you know on thursday you know, thats possible fed chair j powell was doing just fine in the testimony until congresswoman maloney asked him what would change the rate hike forecast from three to four. He started by saying a strong economy. And heres what he continued with we have seen fiscal policy become more system you lative. I think each of us is going to be taking the developments since the december meeting in and the writing down our new rate paths before we go into the meeting and i wouldnt want to prejudge that. Jp morgan said todays comments appear to open the
Its two and a half weeks to election day, and, guys, i dont know about you, i was watching yesterday, trump is talking. Hes in florida. I look and he is still talking. And then i went and did Something Else with the kids for like two h hours and i looked up again trump was still talking and now he was in georgia. So its going to be a pace that i dont think we have seen before. Will no. President trump always has the energy to keep that kind of pace. We are going to keep the same kind of pace. Pete we will. Thanks for being here with us. President trump hitting the campaign trail in florida and georgia as i mentioned. Slamming the bidens. Calling them an organized crime family. Lucas tomlinson joins us live from washington with more as fox news obtains more alleged hunter biden emails. Lucas, good morning . Good morning, guys. The fbi is investigating whether these emails came from another Russian Disinformation Campaign to influence the election. As you mentioned yesterday President Tr
Jedediah nice four hour summary. Pete four hours do. Not get dressed or get out of bed or listen to brian. Jedediah get out of bed and make some pancakes and get back in thats my style. Pete your style was sweatpants, too. Jedediah pete encouraged me to wear on air. Ed Little Secrets of the show behind the scenes. We want to get to the news. Remember how the New California governor gavin newsom in his egg new orleans dress we offer sanctuary to all. Had you democrat kirsten democrat out on the campaign trail saying there is no such thing as illegal human. Thats what she said. President trump seems to be calling her bluff and saying you want more immigrants in your hometowns . Here they come. Pete watch this. The people that are putting sanctuary cities where they are not even wanted, they always seem to have open arms. So we thought rather than moving the Illegal Immigrants to other parts of the country, we will bring them to sanctuary city areas and let that area take care of it wheth