Say, someone who believed that things may not bottom. And i think hes switched. He may say its not in dramatic fashion because its near the middle of his piece, not at the top. I do believe what were seeing is a gigantic amount of liquidity put in by the fed, when it looked like things might go back down that mattered a lot. A lot of companies that dont have great credit are getting money. Thats important we saw the retailers go up last week it wasnt because retail sales were good, but because their credit was so bad, maybe they get a chance to raise money. Ge raising money a lot of companies are raising money that would not be able to raise money. That is going to be a major change to keep a lot of companies out of bankruptcy and in the same way that the oil deal might Keep Companies out of bankruptcy david, you know theres so much debt being issued now. And theres some opportunities for people who want to buy debt, but holy cow, is the government wide open to buying anything on thurs
Halftime report starts right now. All right. Welcome. Good to have you with us on this tuesday. Joe terranova, stover any link, and jeff farr is back. Stocks modestly mixed. We begin with four widely held names. While woe dont expect another 32 years, we also dont expect selling pressure given the runway of disney plus. Are more ahead i could see a scenario the next couple years it works its way up to 200 a share disney had an incredible year. They had 80 of box office, which is completely unheard of in the history of hollywood. They probably dont repeat that, and of course thats in the past, but you say to yourself what will change with the Competitive Dynamics of the Media Industry to knock disney out of the top position. And for me, its really hard to figure that out. Im not quite sure whats going to change. The popularity of their films has never been greater and theres no kevin there it was all old content they have two or three new shows. Then he think about the things like cord
Talks on china and slacking off another red hot startup about to make its market debut. Its all happening on this thursday, june 20th as Worldwide Exchange begins right now. All right. Good morning, good afternoon, good evening wherever in the world you are. Im Brian Sullivan thank you very much for joining us here on Worldwide Exchange. This, my friends, is the chart of the day bonds getting bought the yield on the tenyear note exactly at 2 , but earlier this morning it actually fell below 2 that is the First Time Since President Trump was elected that we have seen a sub2 yield. This should drive down borrowing costs. If youre looking for a home, it could make mortgages more affordable well have much more on this coming up. First we have to get to our breaking news. U. S. Officials confirming to nbc that a u. S. Drone has been shot done over the strait of hormuz iran claiming responsibility the Iranian Revolutionary guard says the drone was shot down after it entered iranian airspa ai
e lon musk and mark zukerberg they have agreed to fight each other in the vegas octagon. no joke whom better to handy cap this fight than colby covington and michael chandler they will join us in a bit to weigh in. i want to dpet you involved. go to my twitter at ingraham angle or instagram ingraham radio and answer this question. who would win a cage match. elon musk or mark zuckerberg. sex, lies and whistle blow are the focus of tonight s angle. when you thought the bidens could not get sleezier they surprise you. whether sniffing girl s hair or copping a feel from ava at the white house the politic has no shame or no sense or neither. the aim arrogance in his son thou we are discovering for lurid details about hunter s leisure activities l.a. times said a founder of saventhum a private sex club was banned after he had the nerve to name hunter biden as a member. that is this club in it was create in the 2013 afternoon the found are watched the tom cruise movie, eyes wid
Isnt lost. It may be found. What do we think about where we might go . I think were still stuck in a range, were battling with the emotions of feeling better, seeing corporate earnings do better than we expect. Were seeing goldman say things like, hey, were decreasing the chance of a recession. Then were fighting the math on it. I dont see how the multiple on the s p gets above 20 times. With that you have a heavy cap on the market. Were stuck in this range and it might take time to get out of it. Investors are impatient. Theres so much we still need to digest. Were digesting 18 months of rate hikes, the fed reducing their balance sheet, the inflation reduction act, unemployment levels that are changing, inventories. Everything is distorted. We want it to happen all at once, get back to high growth but its important to do that. I think were stuck. Joe, are we stuck . I think it rallied from the 4 low. Youve built in a cushion. I think jenny is on to something. Weve priced in the fact t