Since may, cross currents have reemerged it was almost a year ago today, july 18th, 2018, that the president first levied his criticism against the chair in an interview on cnbc im not thrilled because, you know, we go up and every time you go up, they want to raise rates again. I dont really i am not happy about it but at the same time, im letting them do what they feel is best. But i dont like all of this work that goes into doing what were doing. Since then, dozens of tweets and quotes going back to the fall obviously things like are you listening, fed, they dont have a clue, we would be thousands of points higher on the dow like a stubborn child blew it is this going to be enough i do, i thought the statement was written by larry kudlow had i first read it. It was written by fed chairman powell the key thing is he does blame the tariffs because he says domestic is good he lays it on trade tensions, which is therefore saying listen president trump, the fault isnt in trump, it is the
Why am i smiling, author of upcoming persuasion, lee carter is here, new mom as well. You look amazing. What a day for you to be back, too, i cant wait for calm, rational analysis of the war of words. [laughter] dagen former investment banker and nfl player. Record run, futures are pointing to, take a look, at hope this morning, 16point loss on dow futures, the earning season fully underway, jpmorgan, chase and Goldman Sachs reporting ahead of opening bell while fargo released quarterly number this hour, john, what are you watching for and what are you expecting . I think we will see fairly recent reports, you will probably see Companies Beat expectations, stilet not forget that the consensus view of Equity Analyst is in the Second Quarter we will see roughly 3 drop, we are seeing the first back to back decline by corporate earnings since early 2016, nevertheless, i dont think the current slow do you know will match the severity of global slowdown we had in 2015, 2016, so the market sh
The Investment Committee is ready to go. The Halftime Report starts right now. It is great to be with you on this monday our Investment Committee today is here. We start off with what will be a big week for the fang stocks josh brown, what are you expecting here lets start off with facebook . I dont think facebook and netflix have anything common if youre long facebook dont look what went on with Netflix Facebook is a singular story the stock is telegraphing everything you need to know about how strong the quarter will be. The main concern that hang over this stock have nothing to do with fundamentals or ad rates or user rates i really think its about how bad do we think the next round of fines and or regulations will be i would point out, though, historically those things have actually been positive catalysts. It makes you upset to hear but every Time Facebook announces they settled or paid a 5 billion fine the stock adds 4 market cap the street loves when theres finality of it thats
Interview with ceo of six flags chairman Jim Reid Anderson big show ahead in the brand new studio dagen, congratulations to us. J one of my paiflt views well one of you but radio city so a brand new desk and im wearing sweat pants. No youre not. I even have proper shoes on. Again it is like old bugs bunny cartoon with elmer fudd you have to have proper outfit or personality changes. Theres a camera over there so check out hot shoes all of the time. I didnt know that or make that mistake. This was amazing and i was out with friends last night in new york city on the Upper East Side five finance type people all say hello all big fans of you and you deserve this. Awesome congratulations. No it feels good. Just for those bigger guys i kind of like having the counter last tile i was here youre expose all the cay down you have to make sure your sues p suits fit just right. Were glad youre here focus on mummer this morning and get your take on what to expect former special counsel going befor
Nasdaq up by 33. However the new york fed, bullard as you mentioned and others are pushing back on this idea that a bigger cut will be coming the new york fed itself putting out headlines saying that speech was not about potential policy actions at the upcoming fomc meeting, this was based on Academic Research done by John Williams i dont ever recall hearing the fed walking back what somebody was out there saying a lot of fed president s have spoken to us over the last 10, 12 years at this point pushing become a bit on that. Lets look at what happened overnight in asia. You will see the nikkei was up by 2 . Big swing back for it. Hang seng was up by 1 the shanghai up by 0. 8 . Again, the nikkei reversing course after the weakness we had seen the day before. European equities this morning, you will be seeing green arrows there. The dax is up by 0. 3 . The cac and ftse up by 0. 2 . Italy and spain weaker italy down by 0. 9 look at the treasury market. Right now on this friday were headin