Participate in the impeachment probe, which it calls illegitimate what do you mean youre not participating . [ laughter ] its its an impeachment inquiry, not secret santa. No, not for me this year. You dont get to choose whether you participate . Youre like a guy getting dragged away in handcuffs, screaming, im not participating in this arrest. [ laughter ] according to a new poll, 58 of americans support the opening of the impeachment inquiry into President Trump. So congratulations, man, youre finally polling above 50 . [ cheers and applause got it got it over the line a poll also states that 65 of women support the impeachment inquiry. Well, thank god they cant vote, said mike pence [ laughter ] what . They can since when . [ laughter ] according to politico, President Trumps sudden announcement that he would pull american troops out of syria caught National Security officials offguard, with one saying, quote, potus went rogue. Im sorry, he went rogue [ laughter ] hes always been ro
Rate of growth is slowing. Now, this hour, im going to ask the president s top economic adviser, larry kudlow, two questions. Are we going into recession in the next 12 months and secondly, what reverses this slowdown . Larry kudlow coming up on this show this hour. Heres the market reaction. Not bad. The dow industrials going to be on the upside to the tune of about 50, 60 points but its early going. You never know how we will close. The s p up about six. Look at the nasdaq, thats going to be up about. 33 . Nice gain. Interest rates virtually unchanged. The yield on the tenyear treasury, 1. 54 . By the way, a rate cut by the fed this month considered a probability. Another cut in december considered a strong possibility. All right. Time to take a look at the latest attack on facebook. Roll tape. What we need is a president with the courage to enforce the antitrust laws. Break them up. And yes, Mark Zuckerberg, im looking at you. Stuart all right. There you have it. Elizabeth warren, n
Stock. Its our call of the day the Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this thursday our Investment Committee at the table. Josh brown, steve weiss and director of market strategy. Well begin with the selloff stocks rebounded and down again. Another volatile session all three major averages were down half a per at the lows. You have your special suit on today. You get the ball first s p coming off backtoback declines and today you got what you didnt want. A read on the Services Sector which suggests that were slowing there, too well, it was telegraph 48 hours ago when you saw the Employment Index and warranted at the time to give consideration of the strength to not only domestic economy but the Global Economy being the u. S. Consumer and were they in a position where they weto weaken. As it relates to the market, absolutely the selloff is warranted if youre going to see the consumer weaken i think it also gives yo
Virtually all subpoena 500 sectors are down. S p 500 sectors. Thisjackie deangelis is here wat breakdown. Reporter good afternoon, neil. October has gotten off to a rocky start i would say. The fundamentals of the u. S. Economy had been holding up but the data is signaling that there are some cracks there. Today es nonism manufacturing number is important, showing slowing growth in the Services Sector. Reading of 52. 6 is down from 53. 4 in august. Fed cutting Interest Rates, reacting sharply, forecasting another quarterpoint move lower at the fomc meeting at the end of the month. The number is essentially neutral but it indicates sloyer growth here. We earlier saw a slip in manufacturing as well. You combine two of those things there is definitely a red flag. Meantime bed, bath beyond, increasing number of stores it is planning to close. In april it said it would close 40 stores. Now that number bumped up to 60. Retailing in general, 4600 store closures for the year announced by u. S.
Thousands of people in San Francisco. A major power outage reported just after 8 00 is ongoing now. And likely wont be fixed for about another hour and a half. 22,000 customers specifically across San Francisco are without power right now. A number of neighborhoods affected. Uni says that Subway Service is delayed in both directions. You see sss put out an alert to its students and staff. This is neighborhoods infected include mission bay, dogpatch, the Mission District itself. The lower tides and now we valley. At this point pg e says it doesnt know the cause of the outage. Says it is assessing the situation. The estimated time that power will be restored as 10 30 this morning. About 2. 5 hours without power. Will mention here that are tom baker is heading to the scene. One of the most important things to remember and a power outage. Good thing its daylight. Traffic signals. If you ever come to a signal that is out, treated like a fourway stop. Its interesting because when you look at