Barreling toward the location where the Oil Production goes on. Energye about the oil space, what the 2020 policy has to do with that. We are going to turn our attention to the fed, the big event this week. The markets are watching the annual market symposium in jackson hole tomorrow. It will be virtual and the theme is navigating the decade ahead. The kansas city president Esther George spoke with michael mckee. I will offer you from my perspective this has been a useful process, process that really asks of ourselves to look at what we have learned over the past decade, to try to think about how the economy may have changed, and think about how we communicate to the public. The process in and of itself has been a useful one, and i will leave to the chairman to talk. Michael you have been considered an inflation hawk. Where are you on average inflation targeting . Is to bee my focus true to our price stability target, that our 2 really has to represent what is happening in the real eco
Battle, the head of one of the largest brokers has a major warning about crypto currency, he says it would derail the economy. The ceo of interact i have briv will break it all down nelson peltz winning a seat on the board of Procter Gamble the stock is higher by as much as 3 in after hours david faber broke the story and will be here shortly this is a company that declared victory on the initial vote count and here we are, a reversal of fortunes, tim. They declared victory they said they thought she could work with mr. Peltz team. You have to wonder if we havent already done a lot going into this in other words, i think the entire proxy fight was at least something that illuminated some of the key issues of this company. These are not new stories. Its about unlocking value and brands that in some cases have gotten stodgy and a company that might have more value. Even after the company declared its own victory, a lot of analysts were saying this is a clear message to david taylor, the
A lot of viewers enjoying the Reggie Jackson photo bomb here with bob. Thank you very much. With all of that, lets get over to the judge and the half. Welcome to the Halftime Report. Im scott walker. The nasdaqs moment of truth. Over the next 48 hours, with two major events could very well determine where that record setting index goes from here. Key earnings from apple and facebook, will they be good enough to keep tech flying high . With us for the hour today, joe turnover, stephanie link, josh brown, john najarian. We begin with the nasdaq. Apple itself hitting an all time intraday high. How many of these two key earnings reports are going to dictate whether the nasdaq and tech can keep rolling . Huge. Very huge. Let me throw out a stat to you real quick. Last year at this time, apples straddle, thats the combination of the call and put, were trading for almost the same price its trading for now. Difference is last year we were going to it with a 104 price on apple. Now its a 147 or
Those at the airport as the caskets were carried off planes, the procession of hearses were lining the street and thousands of people stopped to honor the lives lost and others gathered in this church in the netherlands, where most of the victims were from. In the task now begins of identifying the remains, there is no official answer of who shot the plane down. Who put their finger on the trigger we need to find that out. But the russian separatists who we believe did this could not do it woutd the russians. More crucial evidence remains at the scene at ukraine. Investigators are there now despite the dangers with two more Ukrainian Military planes reportedly shot down today just miles away. Its a challenge to the international community, to the norms of civilization. And there are reports that the rememberles are tampering with evidence at the scene, cutting open and removing debris and even planting pieces of other planes in the wreckage to confuse investigators. Rick back to you. T
But Warren Buffett has done shareholdersewed like other guys in Silicon Valley. I dont see him doing that. I think he has legitimately made money. I dont agree with the fact in his position he couldnt do more. Start ing to mean, i think hes a smart guy and i think he has done well for shareholders. There are things i disagree with them on. It certainly i was buying my own business. They started it. I am really looking forward to going at them. Ive got to tell you, theres a part of me my mother said i have some sort of warrior gene. A throwback to a 13th century warrior. I would rather fight corporations than these guys. You said that you use Credit Derivatives and Warren Buffett has called them weapons of mass destruction. They are different. Dont confuse it. Hes calling them that. I think he was more talking aboutthe way that derivatives used in the housing bubble. I think most of them will admit it. Quacks but fannie and freddie, promoting everyone today as part of the birthright and