The Leadership Group right now so joe terranova, i go to you on that note, the melt up in tech seems to be picking up we asked the question whether the growth tech stocks wrestled the market back from value and then thats where the money is going to be made Going Forward clearly the mega cap growth names have wrestled the market back theres an added dimension to it, scott, being popularized in a lot of Research Notes im reading. Pippa stevens of cnbc has a great report element of esg investing and something i didnt think about in prior weeks but if you take all the esg funds, the largest esg etf, its popularized by all the names that youre talking about. The apples, the amazons, the microsofts, so theres an added element to these hyper growth names that are not just about the quality and the cash Balance Sheets and the very visible return to Earnings Growth but an importance as it relates to social and governance and youre seeing a significant amount of fund flows into esg and thats ev
The pharma giants ceo joins us live and a big downgrade for one of the big streaming stocks we will debate in call of the day. The Investment Committee is ready to go. The Halftime Report starts right now. Welcome. Good to have you with us on this monday our Investment Committee, joe tear nova, josh brawn, steve wise brand and rob seechin. Lets begin with the markets stocks at session highs. Dow going for its close above 29,000 all this in what is a critical we can expectations are high. Positioning is pull bullish. The numbers better live up dont you think . Numbers i think will in certain instances have to meet high expectation i agree with that, scott but it seems we have rolled into 2020 and not much changed from 2019 you have been able to disburse allocations a little bit outside the u. S. Chinese equities are off to a strong start the iem both of those performing well. We are in earnings season. I think the pressure is on Financial Institutions more than any other sector i agree
Performance today. And nasdaq push a 2 gain. Nice moves today, in alphabet, ama ama amazon,baba ahead of those earnings you have a new month for stocks. Very big and important earnings this week in tech and elsewhere. Retail surge impact, volatility in the markets and what was gamestop is now silver we have our eye on that as well. And we do have this call now, ko courtny. This is likely to get worse and feel bad in the shortterm this is not a bubble or like 2000 for many reasons. Calls now that the correction is here is it . Well, good to see you again, scott. Everyone is entitled to an opinion and im sure hes done a ton of research that would say its here but i think there are a number of factors that one would say may not allow this correction to last longer than what was friday. So, you know, when you think about the amount of cash on the sidelines. Look at the savings and the amount of capital thats going to come into this marketplace with stimulus, you look at people can say eval
When you point out something inaccurate about it, it corrects itself. That the hallmark of journalism. To the extent journalists talk about that they are discrediting their own enterprise because they are suggesting they dont honor the norm, in the face of evidence they have been wrong about something. I like the ds and vacuum. I want people to think venereal disease. I dont want to catch or transmit it. Bible deception focuses on the virality of it, and factor on the ground and focuses on reception. We are not talking about news but deception. When something comes into our news feed we need to be critical about those things we are supposed to agree with so if someone is a supporter of a candidate of one party one is more likely to be uncritical about anything about that candidate, so instead of attacking we defend even if the attackers are journalists. We are also wanting about the opposing candidate to believe anything said about the person even if it is not legitimate. Even if it is
The end of obamacare. House republicans claim victory on health care. House republicans Just Launched a giant stink bomb into the United States state. Theyve been whining for seven years about the Affordable Care act. Now let them defend what they did today. Were seeing the individual exchange under obamacare implode. If we do nothing people will lose their health care. I want to thank the president of the United States for his steadfast leadership. How am i doing . Am i doing okay . Im president. Hey, im president. Can you believe it . Right. I dont know. The storm that caused historic flooding in parts of the central United States is moving east. Officials will be in the savannah, georgia, area, trying to confirm whether it with was a tornado that left behind all this damage. Just sounded like a roar. Like a freight train. Roller coaster thrill turns into fear in oklahoma city. Why doesnt it ever get stuck like closer to the bottom . Just in time, officers quickly springing into acti