Brennan and jon fortt at post 9 of the New York Stock Exchange stocks rallying today with that trade deal reaching phase one in the books. Banks, earnings season capped off nicely by Morgan Stanley dow closes above 29,000 yesterday for the first time and we see s p 500 up over 3,000 for the first time guys, good morning. Chris, the question ive got this morning is where do you find opportunity in a market thats been roaring like this . You look at the growth fund, also small caps are small caps a place where investors should be paying more attention . They arguably havent run quite as much. I spent the last two days meeting with about 30 companies, small to midcap. And the excitement in the hallways at the conference were quite good the opportunities are very specific, though i think you have to look at the end markets. You know, data center recover will be better this year 5g weve talked about, infrastructure and devices but we also see Software Security, clearly after the iran situat
Podcast. Given the political times that we are in and given the height and stocks of amazon, google, facebook and others, but you normally have a pretty broad scope of your coverage the job for the Financial Times by mandate was to figure out where the worlds biggest business and economic stories that cover them in opinion form which is a rather large mandate. I saw amazing numbers in terms of how well they took conditions to the Technology Sector since the great financial crisis and one of the numbers that really stuck out was the Global Institute figure looking at how 80 of corporate wealth was held at 10 of firm into those are the firms that were purchased in personal data and intellectual property so if you were holding the majority of the wealth they were the ones i profiled in the book there is some overlap with facebook and google making Digital Advertising they look at apple and mostly shined advertising. Its a great question. What they do have in common is the Network Effect a
The 10 most talked about news stories of the year but 1st homelessness in the usa how our tax dollars are literally paying to dispose of the most vulnerable americans. Cook in washington this is the big picture on our t. V. America. Thousands of homeless families who used to live in new york city shelters have moved elsewhere their move funded by a new York City Program called sotto meaning special one time assistance the soda Program Provides one years full rent up front to move within new york city to other new york state county is or to another state or puerto rico or washington d. C. See so to it can be accessed by working individuals and families and those who receive s. S. I. S. S. D. Etc as long as there is the future ability to make rent payments based on the households rent not exceeding 50 percent of the households income but what if they cant pay their own rent after that 1st year the mayor of nearby newark new jersey says the soto program is already failing those so 2. 00 m
Call on ge why he says there could be more turbulence ahead its our call of the day and michael farr is unveiling his top ten stocks for 2020. Part of halftimes game plan to get you ready for the new decade Investment Committee is ready to go Halftime Report starts right now. Welcome good to have you with us on this friday our Investment Committee, jim, josh, steve weiss, jenna, the chief Investment Officer at boston private wealth. Michael farr is the ceo of farr, miller and washington. Also with us today onset, keith banks, the head and vice chairman of bank of Americas Solutions group. Stocks are hitting more highs. Could be the first eightday winning streak in more than ten months we have news happening at this moment on boeing our phil lebeau has it scott, this involves united airlines, which is one of three u. S. Carriers that flies the 737 max. It has announced that it will pull the 737 max from its schedule through june 4th, which means when you look at the u. S. Airlines and w
Commute is definitely a wet one tonight. Check out the bay bridge. Wet weather slowing things down for drivers heading into San Francisco. Darren has been monitoring doppler. We are not completely done with this. What is left is pretty light. Just enough that it gives us something to track and show you there will be light rain and places. Im going to come in for a closer look at the peninsula and come into the city. Every one of these green blips is just enough that windshield wipers will have to go on for a time. It is not the kind of constant pouring. The should have a major impact on the rest of this commute home. If we look ahead at what happens the remainder of tonight. Watch the timestamp. Starting at 11 pm. Keep the possibility for rain going into the overnight hours. Rain at 1 am and possibility for spotty showers at 3 am. The start of the commute tomorrow it stops. That says 5 am. I would be hardpressed to find any left over rain. On that forecasts. The thing that becomes inte