Away from new highs. Joe, i begin with you. The question is how are we going to get to those new highs . Value is outperforming today is this the start of the longawaited rotation . Well, your initiating a great conversation, scott, because as you have identified the s p 500 is basically sitting less than 1 above its all time high whats critical, though, in getting there if you are not going to have a significant outperformance from what has worked, which is clearly hyper growth, is youre going to have to have the participation from the value names. Lets put in context where value really is. Scott, the russell 2,000 is still sitting 9 below its all time high it achieved in august of 2018. When im thinking about value i also have to think about value and get contribution from small cap value, not just Large Cap Value because there has been such a differentiation in the Small Cap Index this year. Small cap growth is up 22 year to date. Small cap value is down 12 . So, yes, i believe it h
And. Become specifically for the fish you know. And feasting and cattle is waters why its the perfect time for the seas gentle giants. I mean for you francis extend barely to the top of the its only in lead you very sure the points 6 goals were so short and those 7 points clear. Well we begin this news hour with wide ranging i. Q. Zation is of russian interference in the fields of both Health Research and politics the Cyber Defense organizations of 3 nations are placing blame on hackers associated with russias Intelligence Agency now brisson the United States and canada all say russian activists have been trying to steal information on covert 1000 Vaccine Research in Canada Spy Agency has now warned health. Ization is to take action to protect themselves from hackers meanwhile the u. K. Says russia also attempted to interfere in its 29000 general election by publicizing the leaked documents related to a planned Free Trade Agreement with the u. S. They were in turn used by jeremy corbin
Companies pull their advertising from. 23 years ago that sovereignty was handed over to China Hong Kong sovereignty and with 190 arrests earlier in the day this wednesday and now up to 300 it appears that rule is tighter than ever demonstrators were out protesting the strict new security law imposed by china they were met by a heavy Police Presence in hong kong have been forcing that new law targets the session terrorism subversion and collusion with Foreign Forces but those opposed say defectively marks the end of the one country 2 systems structure which has given hong kong its autonomy from the chinese mainland. Some for home on one thing the central authorities are determined to see an end to the chaos and riots over the past year and secondly the central authorities a determined to protect the majority of law abiding. Citizens in hong kong they should be protected from a handful of people who are causing harm and damage the british Prime Minister bars johnson has said the law thre
Good but still will not accept they should be law. Asia is set to follow wall street higher as investors weigh theirdevelopments against cases. The s p climbed for a Third Straight day. Shery lets get you started with breaking news south korea. We are seeing inflation rising faster than expected. Both the month on month and year on year figures now escaping that disinflationary territory. Month on month inflation rising 0. 2 and 18 expectations. The expectation was for no change, also coming out of three months of decelerating prices. When it comes to the year on your numbers, the inflation remaining flat. The expectation was for prices to contract, and its also coming after falling into disinflation for the First Time Since september. Core prices your near rising 0. 6 , which is a faster gain than was expected as well. We have seen a little bit more demand coming from china. The export slump in south korea also easing for the month of june, not to mention exports to china in fact rose
Cspan, created by americas Cable Television programs as a Public Service and brought to you today by your television provider. Secretary of state mike pompeo responded to questions about recent reports of russian bounties on u. S. Troops in afghanistan while speaking to reporters at the state department. He was also asked about chinas National Security law and hong kong and u. S. Policy toward iran. This is 35 minutes. Good morning, everyone. Seeing as we are in the fourth of july, i thought i would lead off with americas founding principles for us this morning. The u. S. Was the first nation established on the premise that government exists to protect our godgiven, unalienable rights. I will say more on that in a couple of weeks. Wewas a revolutionary idea, shouldnt forget about these complex Foreign Policy issues. Important andns was unique. We dont get it right every day. Touse our unmatched power protect rights at home and abroad. Happy early fourth of july to you all and your fami