The day. Halftime report starts now. Welcome g good to have you with us our Investment Committee at the table today. Also with us on set today is cnbc senior economics reporter Steve Liesman in a few moments, as you heard, joined by adam bain stocks focussing on the fed. The twoday meeting underway why they expect to cut rates tomorrow the question is as we asked at the top, is it the week that sets stocks on a course for a new milestone or not its possible i want to be constructive here so if youre looking at if youre looking at technicals, you can say, okay, for the First Time Since last september, youve now got 72 of the s p 500 above the 200 day, which means more than twothirds of stocks almost 3 4 are in their own structure bull market. That happened last october i dont know how forward looking it is. It is a positive especially when you consider the fact that were getting participation from across the market its not very narrow its very broad. That being said, theres junky retail
Good morning katerina, its really hard to call this a good morning for israel, im sorry, ill immediately look at the phone , because the sirens are not, stop since the morning, and if the siren sounds, then i will be forced to interrupt the broadcast, since the morning with 60 in the morning, rockets flew from the side of israel, from the southern side, it was a fairly massive shelling, rockets with rockets, and as we already understand, under the cover of rockets, and on the territory of israel from the side of the gas sector terrorists entered, they also entered by air , if you can say so, they entered with the help of parachutes, we saw videos of how they crossed into the territory of israel and by sea, we know, we already record and see on the news and from local residents of the front lines, so to speak , so close to the gaza strip, populated areas, they broke through there and operated there, we do not know if control of the eretz crossing point has now been returned, we know tha
While they hope the senate can pass, repeal and replace health care, he acknowledges divide and considers option to immediately repeal it first and then work on replacement. The idea of splitting the bill is getting traction with republican senators. If you want conservative support, you split the bills, you can get every member of caucus to vote for clean repeal. If theres a concurrent or simultaneous separate bill that includes some of the things that moderates want. Senate majority leader has dismissed the option so far as he and leadership try to overcome the lack of support at tend of the week 9 republicans opposing the bill with three more that are voicing concerns, now they can only afford two to pass anything. No democrats are supporting it. The goal is to pass something by the august recess but already ten republican senators have written Mitch Mcconnell to cancel august recess that they cant find agreement. Im not sure how further we are. I know one, senator collins would not
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