Then nikolas partnership with gm. Why both stocks are set to surge despite of course the broader selloff. And finally, this tesla snub. The s ps decision to leave tesla out of its benchmark having a huge impact on the stock. Not the only reason, of course well explain why later on this hour jim, thank goodness youre back, man. It was good to get your take from home at least on friday amid this madness. Well, ill tell you, what i saw last week and i see today is this parabolic move. Look, fridays close, i thought it was what we would call phony. I mean the big rally please i didnt think there was anything to it other than Short Covering i think well revisit the lows that we saw friday and then we have to rethink, because the selling, frankly, is too hard this morning that doesnt mean that i dont think ultimately the people who dont know what they own shouldnt sell, im saying this is just trying to find price discovery, where we were friday, and then we able to figure out what to do davi
Day. Football and Financial Advice. Jets linebacker Brandon Copeland joins the desk. Hes a member of our Financial Wellness advisory counsel. The Halftime Report starts right now. Welcome to the Halftime Report. Joe terranova, the brothers najarian, Courtney Gibson and, Mario Gabelli of the gabelli funds. The s p heading for its 24th record close of the year what a big year its been. How are you doing . Terrific. Welcome back. How do you feel . Better than in months . The fact the market is hitting a new high, were looking at stock specifics and what are they doing. Like the viacom cbs. Next year the only challenge i see is the lower Interest Rate that has an impact on the liabilities of Pension Plans and how much cash they have to put in things are okay. How do you feel about where the trade talks are, where the fed is nothing nothing changes. Its fine. The fed is fine. We like the global competitiveness, that china is bringing in texy in house and trying to develop their own skill se
The u. S. Has labeled china a currency manipulator cranking up trade tensions between the worlds 2 biggest economies the decisions rattled investors on International Stock markets trumps decision follows the sharp weakening of chinas you one currency which breached the closely watched barrier of 7 against the dollar yesterday the u. S. Treasury said it labeled chinas current china a currency manipulator because it had devalued its currency quote to gain an unfair competitive advantage in the worst sell of of the year the dow jones lost close to 3 percent on monday shanghai composite shed 2. 4 percent asian markets later had some of the losses. Lets go straight to our Financial Markets correspondent bartz who is in frankfurt only it seems like the trade war has entered a new round and in new arena tell us what does it mean when the u. S. Calls a country a currency manipulator. Well when you manipulate your currency youre doing that in order to get an advantage in trade and donald trump
Understand its both federal, commonwealth, and municipality permitting at all levels that needs to be expedited for any private Sector Investment to become a quick recovery. Do you think thats needed . My view is that Economic Growth and fast tracking projects is not inconsistent with being good stewards of the environment. And we have a very robust patriots sess within title 5 within the working group we have set with the government to assure that we the residents f puerto rico let me follow up with you. The i see an example of why title 5 in this instance doesnt work. Mr. Grijalva Public Comments about the project are overwhelming in opposition. Its opposed by both mayors groups, representing all the mayors on the island. It was stalled in part because it couldnt get a permit to drain 2. 1 million gallons from a protected wetland. Farm earns residents are concerned about the effects on their health. That it could undermine recycling programs that are in place. It flooded during the h
Live coverage resumes at 9 00 a. M. Eastern on cspan3 and cspan. Org or listen live using the free cspan radio app. Most of puerto rico is still electricity and an estimated 100,000 residents have left the island. Puerto ricost Recovery Efforts and challenges. This House Committee hearing is three hours. The committee on Natural Resources will come to order. We welcome you here today. We are needing to her testimony on examining the challenges and puerto ricos recovery. We welcome you all here today. I ask for consent for the gentleman from california. The gentleman from new york. Illinoisgentleman from and the gentleman from new york, with the committee to participate in the hearing. If you notice, these three are already here. If there are no objections, that is so ordered. Under Committee Role fourf any statements i mask enough for consent that any member who wishes to make an Opening Statement be made part of the hearing record if they are submitted to the clerk by 5 00 p. M. Today