How are you doing, will . Super bowl weekend. Will right here. Good morning to you both. Thats right. Im live here in tampa. Super bowl lv. I know you are very excited about that jedediah. We will get your picks later. We know you will change the chiefs or the punxsutawney. For now a hometown battle in tampa. Hometown bucs look to be pretty popular, pete. Pete whats the feel . You are there on the ground. Its a little bit different everything is a little bit different whats the vibe in tampa . Will its excited because there is a Hometown Team for the first time Playing In Home Stadium for the super bowl. Its tampered by the bittersweet relation what would it be like if it were a normal year. Street packed and cash registers ringing they recognize its a little down from expectations. Pete absolutely. Jedediah i know you are waiting for my pick. Im waiting for yours, will cain. I had a conversation about it yesterday. You know what . Im going to wait and hold my pick and see who will pic
Efforts to form a government would doomed to fail. 6 years since 43 students disappeared in mexico new arrest warrants are issued for members of the mexican military. And the state election thats delivered a boost for malaysias beleaguered Prime Minister. Well u. S. President donald trump has nominated judge Amy Carney Barrett as his choice to replace replace the Late Supreme Court Justice Ruth Bader ginsburg barretts would cement a solid conservative majority on the court potentially for decades to come announcing her nomination at the white house trying to scribe heiresses someone who will issue rulings based on a fair reading of the law. We must preserve our priceless heritage of a nation of laws and there is no one better to do that than Amy Kone Barrett law and order is the foundation of the american system of justice no matter the issue no matter the case before her i am supremely confident that judge barrett will issue rulings based solely upon a fair reading of the law she will
Continues in solidarity. We will have the latest. Global stocks rally, and then filing just a little bit as we count down to jackson hole and the highly anticipated speech by the fed chair, jerome powell. Here is the state of play. European stocks a little bit lower, dragged down by rollsroyce, in particular, with record highs throughout the week. 68 basis points. We look at that later in the day, we might get more traction. Space, if you are looking for a quiet complex, it is the currency right now. The movement is contained, the dollar barely halting a loss. Wti, at the moment, just barely below the flat line. High, whereemonth they are looking out for live images from the area to get a better sense of the potential damage that might be inflicted. Morgan stanley says the extent of the impact on oil refining will be evolving in the coming weeks with the risk of higher or extended outages, mandatory evacuations in place in some of the coastal areas. You are looking at live pictures now
Jackson hole goes virtual. Jerome powell gives an update on the central Bank Framework review. We hear from bank of england governor Andrew Bailey and ecb philip lane. No more lockdowns here. Italy joined france and spain and rolling out another nationwide shutdown. Despite rising cases in all three countries. Global infections past 24 million. The eu trade chief phil hogan quit after growing criticism that he broke my wrist rules by going to a golf dinner. Just under an hour away from the start of cash equity trading in europe as hurricane laura makes landfall in cameron, louisiana. See european futures swinging back and forth between gains and losses. Right now, dax futures up about 1 10 of 1 . The futures doing a lot of nothing. A bit of a stall after global stocks really had an alltime high again yesterday. I want to bring you some breaking news on wpp. The second quarter, organic sales at the advertising behemoth down 15. 1 . This sales hit was something that investors were focuse
Start. Up 15 since the beginning of the year, and it just got a huge upgrade. Its our call of the day netflix, ibm, intel, and more, a ton of big names report earnings next week. Well get you set up the Investment Committee is ready to go. Halftime report starts right now. All right. Good to have you with us on this friday our Investment Committee, jim lebenthal, josh brown, steve weiss, and shannon shikosha. Lets begin with the markets. The s p set another new record high today all three averages in fact doing so word this morning from appalo a appaloosas david tepper saying at some point the market will get to a level that i will slow down that horse and get off. The fed put money into the system, china tensions eased, and the sign seemed clear to him about where the market wasgoin to go whereas there was a lack of clarity in the months before that because of all the noise around china trade it outperformed in december and january. It is a fair bet tepper has been adding to his indiv