And possibly easing sanctions on iran. Josh, kind of a quiet market day here interesting rotations going on what do you make of the action today . This week its just been incredible for anything of value versus growth, anything small over large and theres a tend densy when we see these outside moves. For example, russell up 5. 5 over the last week theres a tendency to look at that and say ive missed it or that has to be the top of something. When you actually go back and find examples of this sort of thing happening in the recent past, actually that always had taken place at notable bottoms in the russell 2000. For example, we had three versions of this in the year 2016 where you have just this incredible week for small cap, for value and it wasnt the end of something or a blip it lully was the end of the selling. You can stay with this trade if youre on and. Portfolio tilt for smallend value. After a really long drought of good news. So a lot of people are happy about that take a look
Thank you, nicolle. We appreciate you. Im ari melber. We begin this broadcast with Breaking News out of the Georgia Rico Case against trump and his aides. Guilty. For the First Time Ever were reporting Tonight A Trump lawyer in the 2020 election case has now pled guilty. Sidney powell, who you may remember from presentations like that one she gave with giuliani after the election, a key coup lawyer. A key player, we should mention. Jack smiths case against trump. And most critically tonight, a rico defendant in that georgia case where she was booked for her mug shot. She was awaiting trial next week. The news tonight . She just pled guilty today, a bid to duck potentially harsher penalties in that criminal case. Unlike the federal case, today the cameras were rolling today in the georgia courtroom. You can see the defendant now convict sitting there this is where a onetime president ial lawyer became a convict. She admitted her guilt in the efforts to overturn trumps loss, and like any
And ill guarantee theyll always be working in that direction. Janet yellen staked out a very different territory. For her main speech in chicago she appeared at a conference of Neighborhood Revitalization organizations and said, quote, although we work through Financial Markets our goal is to help main street and not wall street. More than five years after the financial crisis she spoke mainly about unemployment and told the stories of three that lost their jobs in the recession. It became quickly clear that this was a fed chairman well suited for the time in which we live. However not everyone recognized that or her. Not long after she took office somebody came up to her in the airport and said you look just like janet yellen. The second most powerful person in the world. The most powerful woman in the world after angela merkel. A figure that measured in at 53. As the feds leader she leaves with roughly 4 unemployment. 1. 5 inflation. She successfully raised Interest Rates off and eng
Philadelphia tuesday to address the naacp convention. On thursday, he will be the first sitting president to visit a federal prison. Hell tour the el rino federal correctional facility outside of Oklahoma City and discuss changes. We want to begin with this wall street journal headline. New hud rules. The government can withhold moneys from communities that fail to address segregation issues. We want to get your calls as to whether or not you support or oppose this idea. For those who supported we want to begin with this sunday morning editorial from the New York Times. Here is what it says. Thene end of federally financed ghettos. The Supreme Court issued an important ruling what it reminded state and federal government that the fair housing law bars them from spending federal housing money in racial segregation host tell us what you think about these new housing rules put in place by hud. Laura kusisto is following this for the wall street journal. Thank you very much for being with
Policy. It was emerrill rogers not that long ago said just as much as that, that we dont have a good cyber offensive policy. We talked about it ad infinitum in classified settings for the entire ten years i was on the Intelligence Community and we could never get consensus to move to the next place on what that cyber offensive is. And by the way just as a personal note i just saw that the Administration Says theyre going to make china pay for the consequence of the opm hack. I cant wait. I cannot wait to see what the heck that thing is. And candidly im not too excited about what its going to be. We havent crossed that threshold to bring everybody in a room and try to work through this problem. I would long answer to your question, but i dont believe they have the right to go extraterritorial to protect what they perceive to be a threat at that point. Thats fantastic. Thank you, thank you so much. We can get a hand for the speakers. Thats just great. You can see how we can make many hou