President of the club and we had 288 members. Flip phones were all the rage. Facebook was founded. The world war ii memorial was dedicated. George w. Bush was elected president and majopresident ande baseball returned to washington at the washington nationals. [applause] fast forward 15 years the nationals are in the world series. [applause] [cheering] and David Rubenstein is back. The cofounder and chairman of the Carlyle Group as well as the chairman of the boards of trustees of the john f. Kennedy center for performing arts, the Smithsonian Institution and the council on foreign relations. We all know that hes also engaged in many other philanthropic activities that are too numerous to mention. David coined the phrase philanthropic philanthropy with the restoration of some of the countrys great historical landmarks including the washington mann demand, sit back because theres a number of these. The Washington Monument, the memorial, the u. S. Marine corps, the war memorial, Washingt
Senator George Mitchell was president of the club and we had 288 members. They were all the rage. And the world war ii memorial dedicated, and Major League Baseball returned to washington as though washington nationals. For 15 years and David Rubenstein is back. David as we all know is cofounder and coexecutive chairman of the karloff group and chairman of the board. And the performing arts, a Strong Institution at the council on foreign relations. And engaged in many many other philanthropic activities. The patriotic philanthropy, generous financing, great historical landmarks, including the Washington Monument, the Lincoln Memorial. The us marine corps. And monticello, and the arlington house. And purchased rare copies of historic documents like the declaration of independence, the emancipation proclamation, and magna carta to ensure they are publicly displayed at the smithsonian and national archives. At the Economic Club, the insightful revealing and entertaining interview were, at
Nejra welcome. Its risk on in the markets this morning. A delay from a tariff increase on chinese imports. A question over whether its a reach out of goodwill. You are seeing the impact across markets. The msci asianpacific index. You want strength. Yuan strength. Dollaryen on the front foot. The yen hitting a sixweek low. Yesterday closed above 3000 for the first time in six weeks. We saw the nasdaq push higher in the dow move higher for six days in a row. The nasdaq getting a lift from those tech stocks rising to its highest level since july. U. S. Futures point to further gains in the u. S. Session today. Oil on the front foot, tearing the losses we saw yesterday. We saw a drop of 3 on the supposition that President Trump might ease sanctions on iran. We are bouncing back with trade headlines today. Manus is not on the show today. He can talk more about oil because hes bringing live coverage from the opec plus meeting that is scheduled to pick up shortly. Great to see you. Manus ver
Smiledirect begins trading as a public company. Should you buy the stock today our Investment Committee weighs in and caterpillar shares getting a down grade its our call of the day Halftime Report starts right now. Welcome back, everybody. Thanks for joining us here today, the overall market doing well headed for seven in a row. Up 121 points and longest streak in a year and smiledirect just opening moments ago as carl, morgan and john just showed you. That opening not what the markets showed down 14 at the moment and off 3 bucks. A lot of optimism going in on smiledirect. The head of the ipo saying it is trading well or bullish upside potential. That is certainly not the case smiledirect sdc a new issue down 14 right now. All right, lets go now to the macro set up stocks there higher on trade headlines and easy move by europe central bank. If we do close higher on the dow, like we said, lucky 7 7 higher sessions in a row and longest streak in a year your stat of the day, nearly 100 o
Have room to run we debate that but first i. C. E. Is that the Federal Reserve is that what its feeling right now . Under pressure it should be under pressure no its not it will come. Between the ecb relaunching open and monetary easing and the president tweets urging the bone heads of the fed to cut rates, does the fed have no choice but to move in that direction, guy. I hope thats not the case. I hope they back in october Jerome Powell when he first started in job he said we are going to do whats right for the United States and for the economy. And i really felt he was on the right track. He was going to raise rates in a systematic way and reduce the Balance Sheet. That was the right thing to do in my opinion. I still think that he did a complete 180. Are they under pressure to do this we talked about it tweeted about it, hottest number in 11 years i dont understand why with inflation rising without question, and with the greatest economy in the history of the republic the president