Lets begin with a check on stocks lets welcome in brian belski. Thank for having me ambitious call. How do we get there . This will be a transition that takes several months if not into the year you, well into 2022 the unprecedented price moves in 2020 are going to turn into, we think, unprecedented earnings move in 2021 we think financials, Consumer Discretionary will lead the way. Were maintaining our stance of being neutral on technology and Communication Services over the next three to five years theyre by far our favorite sector in terms of growth we think this is going to be a turn around in terms of Earnings Growth theres no doubt that the vaccine is helpful, no doubt stimulus will be helpful, but theres also no doubt we are going to have more stayathome orders in the United States and therefore the stayathome stocks will do very well the bull market continues, we continue to believe that march 23rd, we dcontinue to believe that march 23rd was the controlaltdelete were bullish w
And a thousand times a day without thinking about it. At least thats how it feels right now. The inevitability of this outbreak is starting to sink in. What does the fed do it gives us a rate cut a 50 basis point rate cut. Reaction hey, condition rate cut. And it was a resounding texas hud. Ultimately the dow fell 786 points and 2. 189 so why did we get that illnesses, cancellations and this epidemic and im beginning to feel just in what has just been cancelled the emails that i get and the notes from Different Companies that is a shutdown it doesnt change that its not a cure. Its not a hazmat suit or respirator it does absolutely nothing to impact the spread of the virus it somehow boosts Business Confidence i did care about the rate cut. I cared about how wrong it was its totally a sign of the panic from the fed. And a rate cut i say this as someone thats been addiment that easy money is a good thing im probably the biggest single proponent of lower Interest Rates on the entire spect
Corp. Downgraded we will debate on call of the day. The Investment Committee is ready to go. The Halftime Report starts right now. And it is good to have you with us today. Our Investment Committee here, jim lavin all this, jon fortt. Dave wise, jen, liz young is back also with us on set today is ed. Lets begin with the rally stocks hitting record highs today. The dow closing above 29,000 is it time to buy or is it time to worry, liz . I am an incurable optimist. Not really ever time to worry that much. I say this all the time. You must be present to win i always believe you should be in the market. I still think there are places you can buy stocks josh brown, big friend of the show, i think he posted on twitter yesterday the market isnt even due for anything. We shouldnt pay so much attention to the calendar or the fact that it has been a long time or things have gone on to a long time. You have got Pay Attention to valuation right . Not as much as we used to i dont even know. With Mo
Foreign policy. Lets defeat her in november. Clintons campaign fired back over social media throughout the speech. Im with you, the american people. The Presumptive Democratic nominee took particular offense when he mock her Campaign Slogan firing off this tweet im with you, not included women africanamericans, lgbt people, muslims, latinos, immigrants. Trumps speech also aims to sway republican voters, still skeptical of his campaign. His oldest daughter ivanka trump did her best to reach women voters. He will fight for equal pay, for equal work. Talk about equal pay for women, i thought she did a great job. The focus now shifts to democrats, whose Convention Starts next week in philadelphia. And Hillary Clinton is expected to announce her pick for a Vice President sometime this afternoon, just in time to energize democrat as they head to your city. A virginia senator tim kane is the top contender. Brooke, jim . Thanks a lot, weijia. Former pennsylvania governor and dnc host ed rendel
Do you think it is time for a woman to be a sleazeball and a man stands next to her. I was a new mom, and wife, and doing 14 hours, and i looked, like, women dont have time. Like the women dont have time to be sleazeballs. What are you looking at me for . laughing . Katie, right . Hey, ya. I definitely concur. Thats for sure. We just do the best we can, right . But as far as our weather patterns are concerned, my friends, we are stuck, essentially here, at least today, you know, the last two days have been awfully cool. Not going to see too Much Movement on the thermometer readings from daytime highs, last couple of days, although we have definitely come from some very significant warmth recently. Lets take a look, it might hurt little more when you look at just how far those temperature readings dropped in the last couple of days, we came from the mid 80s, to the mid 50s, in one days time, and thats basically where we stay again today. Although we should start to see some rebound, on