Together we have been observing 8 minutes, 46 seconds of silence apts the Stock Exchange in tribute of the life and legacy of george floyd and the movement his death has ignited. Well have full coverage roho tayere on cnbc. Well be right back. You doing okay . Yeah. This moving thing never gets any easier. Well, xfinity makes moving super easy. I can transfer my internet and tv service in about a minute. Wow, that is easy. Almost as easy as having those guys help you move. We are those guys. Thats you . The truck adds 10 pounds. In the arms. Okay. Transfer your Service Online in a few easy steps. Now thats simple, easy, awesome. Transfer your service in minutes, making moving with xfinity a breeze. Visit xfinity. Com moving today. I want to welcome you back to the Halftime Report i want to take you to the wall its about 11 minutes, 12 minutes past 12 00 its a mixed picture on wall street 27,315 is a los. Nasdaq bucking the trend today taking a bit of a breather as the value stocks join
Going to have to deal with and maybe today were finding out. Is that what this is yeah, but ill tell you whats so interesting. There are very few people, i believe, who really thought that the rosy scenario was going to occur. I know we had that press conference this weekend that was a little disorganized, but the sudden recognition of a number that i think, unfortunately, a lot of people really kind of hoping wasnt going to happen is jarring the market but and i by the way, jeffrey gundlach, hes right this is one of the easier rollovers to predict but i want people to like look into their own brains and hearts and really, really answer, did you really think it was only going to be a couple thousand people did you really think that . When they finally announced that number, if that should cause the selloff, then youve got to rethink whether you want to be in stocks. Because i think that theyre just making up numbers, as dr. Fauci says hey, thats the input so dont sell on that. Sell bec
Yeah. No doubt hopefully they can get this stuff done between the congress and the senate and it will be a lot more to do its a good start but given the dislocation to the marketplace, hopefully we can get this thing done in washington and well be good backstops for the market. Does it take a significant amount of stress off of the credit markets, which i know youve been concerned about and you watch so closely well, i mean, it takes a certain amount off it doesnt theres still a lot of stress in a lot of different places it takes a little bit of the stress off you really need the washington package. A package in washington just a lot bigger what they were talking about doing, seven times bigger. If i got my numbers right off the top of my head just to help support corporate small business, et cetera, what were going to need support and buy secondary stuff in the marketplace. Some of the other things they started to do today, so that we can have the economy function the right way. How c
Nasdaq on track for the best performance. Dow futures indicated up about 34 points and gains for the nasdaq and s p futures treasuries, the 10year has finally hit 1. 9 exactly been watching for that a long time above that yesterday. Looking at it as the economy has shown some pretty strong signs. Now we do it in tens. Normally we wait for 3 . The volatility we talked about that. The inflation volatility is really low he thinks that why multiples have stayed so high. It will take years of inflations coming back. Multiples can stay where they are. This just happened well bring it to you. An Iraqi Security source telling nbc news that demonstrators have stormed the u. S. Embassy in baghdads green zone they have used tear gas grenades to try and prevent them from moving inside the compound hundreds have gathered what we saw. Some saying it was about time that some of the air strikes killed fighters from iranbacked coalition from operating in iraq a big piece saying finally we are addressin
Dont think ive ever seen looked at as this fall so thanks for coming. We invite you to listen, watch and follow along on twitter. Its at press club in dc and the hashtag is an pc live. If you have questions, for the authors this evening, please there will be question cards around the room. Write the questions on the card, theyll be collected and sent out to me. And we will leave plenty of time for questions. I just want to take a moment to acknowledge our headliners team, laurie riso and Dc Media Strategies and our staff liaison Lacey Underwood who put this event together this evening. So we are delighted to have with us here tonight, rotted programming and kate kelly, the authors of the education of Brett Kavanaugh. The book is about three days old and its been three days of uproar, controversy and for both President Trump to call for the mass resignation of New York Times staffers and democrats to call for Justice Kavanaugh to be impeached and the New York Times had to retract a poor