Ththe chair bethe chair be autho declare recess during todays hearing without objection, so ordered. I also ask nms can send members not on the subcommittee be permitted to sit with subcommittee at todays hearing and ask questions without objection, so ordered. Good morning and i want to thank the witnesses for joining the subcommittee today for the discussion on the air travel experience. According to the u. S. The bureau of transportation statistics in 2018 u. S. Airlines. 925 million passengers to destinations in the u. S. And abroad, the highest total is 2003. The federal aviation or the faa current forecast predicts it will increase roughly 2 per year over the next 20 years and the number of passenger is expected to grow from 24 million to 56 million by 2050. So while increased passenger demand for its new Economic Opportunities and enhances the nations aviation network, longstanding challenges can enter. Over the last few years coming u. S. Airlines invested i interen their produ
Morning. With phase two talks with a president ial trip to beijing at some point to follow. That is how we end this year. Pretty much where we began it. With the markets up and trying to figure out what is going on between the u. S. And china. Deirdre bolton at the New York Stock Exchange with war things stand. Happy new year to you, deirdre. Blake, same to you. Happy new year to you too. On last day of trade for the year, a little bit muted on the dow. Even if there is no green on the screen at this particular moment this year has been a standout year, this decade has been standout. The dow is up 22 . S p 500 up close to 30 . The nasdaq has returned 35 . Apple by the way is the standout stock for the year and for the decade. It is the best performer, up 84 in the past 12 months. Analysts say apple services, wearables, especially airpods many people asked for christmas, still havent gotten because they were in high demand, boosting the companys profits certainly. Certainly boosting the
Cycle during that period. We havent spoken a great deal about impeachment. I am curious as to the decision to take questions. This was originally scheduled as an address to the nation. Now it is turning into a press conference. Why . Kevin that is how the president prefers that. You saw a preview of it at the state Department Yesterday with secretary pompeo. The president and Administration Officials and private conversations, and what i would predict to be increasingly public conversations over the next day or so, are going to push back on the notion that the strike against soleimani was not the right course of action. This is someone that even democrats have noted is someone who is a bad actor. The democrats are saying they disagree with how the administration conducted it. The president has suggested that new evidence is going to be released that will illustrate why he ultimately made that decision, and we could get a foreshadowing of that in just a few minutes as we await the presi
And joining us now to see what 2020 has in store is managing director, victor anthony, and Portfolio Manager at needham growth fund, Chris Retzler good morning. I look at the tech stocks that did the best this year, a lot of them were kind of underdogs, roku, top of the list coming into the year, people talked about netflix would beat up on them this year, the narrative seems to have shifted. Apple is another one people thought apple would have a bad year not only trend wise in tech whats important in 2020, are there underdog names you particularly have in mind . Victor well, mostly on small cap large cap, i see amazon, alphabet, google, facebook continue to outperform those arent underdogs. Are they no. Angies Home Services which underperformed significantly in 2019, i think another one, comscore, unforeseen event, management departures, outperformed significantly Online Dating app, the meet group, meet glad it is spelled that way different kind of stock if spelled another way. Up abo
Investment committee is ready to go Halftime Report starts right now. Welcome good to have you with us on this thursday, the first trading day of 2020. Our Investment Committee here today. Lets begin with the markets its the first day another record setting day for the major averages there you go right now dow off its best levels, not by much new record high, 28720 nasdaq back above 9000 s p 500 positive as well the russell is a drag. But for the most part, its the same story semis hitting fresh new highs. Apple extending its record high. The beat goes on. What im particularly excited about are the International Charts i know a lot of american investors say what do i have to Pay Attention to that for . Its note worjnoteworthy were g with countries in europe up around 1 , looking better than our markets. Germany is up over 1 . European banks this morning as a group are up 2 . European Technology Names as a group are up 2 . This is noteworthy emerging markets is up double what the s p is