The rhetoric of economics, and why liberalism works host Deirdre Mccloskey gun in your moscome in your most re, why liberalism works, you write that the west side of chicago should be a heigh high first commercial at diggity. Guest because then people would have jobs other than dope sellers and can because once it was before the highly segregated history of chicago extended to the west side there were lots of factories and jobs, and now because of regulations of various, its not. Its just a free zone. There are some by the sheer act of will kept th take to the strn good condition. Host use a regulations. Give an example. Guest business in chicago in most places in the united hates its worse than brazil or egypt. It takes months. Its hard to do. Youve got to get permits and a business license to braid hair, a famous case. To earn a living breathing hair you need a state license. Why should people have to jump rough these hoops to start a business . In the 50s and africanamerican and urb
Achieve strong Sustainable Growth and safeguard against downside risks. The group offered no specific actions to combat the virus. How disappointing was that look, i think this is the same problem, central bankers are dealing with a biological problem that is then going to spill over to economics, probably means fiscal help what are we talking about here lets talk about restaurant closing, malls closing how about the people who work at the places, thinly capitalized companies that are supposed to pay these people Steve Liesman i worked with him this morning, excellent drop in there, par suited into their office one point the Federal Reserve was saying well stand back behind people whose insurance for instance isnt paid off for a hurricane. I think that its up to treasury and incumbent upon treasury to say were going to work with Small Business, if you have a problem, you can come to us, because thats where the real pain is going to be. We dont want the only retailer to be walmart when
Cooperman joins us for the hour. The Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this tuesday. Our Investment Committee here today, josh brown, stephanie link also with us from boynton beach, florida, leon cooperman, we will get to the selloff in the market today, the fall off for apple first a story thats new at noon today. It is a new position position for David Teppers appaloosa intel sat is negotiate with the fcc. Tepper writing the governments proposal is quote manifestly unfair to the company in part because the terms are difficult to meet. Tepper projecting accepting the proposal would take on serious financial risk he wants a new agreement with the fcc or face the possibility of bankruptcy or litigation from shareholders i spoke with tepper. He said, quote, he want a smart agreement for all parties and this isnt smart for anybody you can see the stock there is a big mover today, up more than 17 . It has been a lose
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
They are pretty cool here in the upper 30s from campbell san jose 39, get closer to the bay and were milder. How about 49 in alameda, San Francisco, upper 30s in the north bay. Planning the day today, its dry. Well call it partly sunny with considerable cloudiness, low to mid50s by noontime. As we get towards the afternoon 3 40 in particular, well be about 60 santa clara and looking at mid to upper 50s elsewhere. Rain will be with us for the beginning of the workweek. Martin luther king, well talk about that. That looks dry coming up in a few minutes. Liz. Thank you. Its bp a week of excitement building up to 49ers championship. 49ers a trip for by quarterback Aaron Rodgers who is from chico. Niners looking to feed off of the energy from the seeing people you wouldnt expect to be a 49ers cloud but its global. Its really good. 49ers are favorites if win by a touchdown. Packers fans flocking to the bay area, palo alto pep rayly, team players, a whole lot of loud, cheesehead fans. Here is