Big offering at ces. Meg whitman and Jeffrey Katzenberg in las vegas. First our top story, the threat of war brings profits for the defense industry, and a risk of Cyber Attacks from iran could shine a spotlight on assets. Take a look at how these firms performed, their shares gained about 8 the last few days. It is indicative that cyber volleys between the u. S. And iran are not going away anytime soon. To discuss what could be next, marcus is a director at an ai security firm. In studio, our reporter. Ingot the attacks from iran physical form. Does that mean we are clear from the cyber perspective . Definitely not. There is a significant distinction between irans conventional battlefield capabilities and where they are on the cyber front. They are never going to go toe to toe with the United States in this realm in a conventional battle. In the cyber realm, they have a greater chance of pushing back more dramatically and having a greater impact in the United States, so even though th
No change in the lpr. No real effect when it comes to the cnh, the offshore renminbi. 6. 86. Maintaining the gains we have of late. The euro weakening. Keeping an eye on crude. Oilared by the National Company after saying it was commandersone of the of one of the civil war activists from exporting. Got oil field disruptions taking place in iraq. What else is happening in beijing. We join selina wang for the first word news. Selina thank you. The former white house economic director gary cohn says he sees no recession predicts the economy will continue to grow as we move towards novembers election. While president trumps tariffs produce the phase one trade deal they inflicted some damage on the american economy. I dont think we would have gone to a different outcome. I dont think the outcomes helped us get to a different outcome. Did it hurt the u. S. . Its. Totally hurt United States the u. S. Economy is very strong, employment is great but we are missing a big component. Were missing
And we will hear from quimbys big offering at ces. More often brings profit for the Defense Industry and a new wave bringerattacks could [inaudible] the lastined about 8 few days. Discuss what could be next, at an ai a director security firm. We got the attacks from iran in physical form and does that mean we are clear from the cyber effective . Simply not. There is a significant distinction between irans conventional battlefield capabilities and where they are on the cyber front. In the cyber realm, they have a greater chance of pushing back more dramatically and having a greater impact in the United States, so even though they have in terms oft route immediate reprisal, it is not out of the question that we will see something else. That . Cus, your take on i think you make great points, they are this is the time for them to do it even more than they have. Certainly, i was not expecting to see the immediate retribution , but the cyberattacks and vulnerabilities are significant and we
Playbooks. And jon najarian is tracking the market for opportunity Halftime Report starts right now. Good to have you with us on this thursday. Your Investment Committee on boxing day no sparring. I know, a different thing. Lets begin with that market milestone, the nasdaq hitting 9,000 for the first time ever. He joe, i local feel like this is the fomo rally, feerp of m ff missing out. Is it sustainable when i the calendar flips over . I think it is for the month of january why not wait and see what earnings will look like before we moderate the rate of appreciation as you move into february and march and the reality of a looming election maybe takes the market and presents it as a pause but you mentioned boxing day remember, this all began one day ago on boxing day, you had the dow jones up over 1,000, you had the nasdaq up over 5. 5 . It began there it followed into the january 2019 with the tremendous pivot from the Federal Reserve and i think that that has been the story that has
Resorts. Should investors roll the dice it is 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 tuesday. Our Investment Committee here today, joe terranova, stephly link lets begin with this recordsetting market. The big downgrade for apple after the epic run, shares up 90 last year. Keeps hitting new record highs as do the averages, dow and s p at new highs today about this downgrade on a number of levels, apple specifically is there a message within that for other stocks that have had meese meteoric rises start with apple cramer said if you are not in the stock, dont buy it. Wait to see if earnings live up to what the stock has done. Makes sense i did something that was not disciplined. I bought calls yesterday on apple on the way up side the reason that triggered me was there was monsterous call buying when it was trading in the 290s there was massive when i say massive we dont see that kind of p