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Transcripts For CNBC Fast Money Halftime Report 20170512

The box today. Why not, right . Somebodys got to be the bull. How do we get there . This goes back to last year. This has been a very sink nous, from 15 recession, 16s recovery was born from that. When i say recession, i mean global recession, it was pretty harsh. I think the distractions of brexit, the election here in united states. Ref rerendum of the month in europe. That has really distracted people from whats going on and now n the First Quarter, we see the proof. The earnings have been spectacular. I think if you would have asked me three months ago if the First Quarter would have been this strong, i would have been more positive ant how this would play out. Roll into that the fact rates havent moved. I think now where people are on board with the earnings story, theyre not still not board with multiples expanding. Uncertainty about the recovery is is lower. You say its been underplayed. How have are we underplayed at new highs . I think the story line has been underplayed. Mean

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