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good morning to all of you. welcome to way too early. on this friday, july 1st. i m alex witt in for jonathan lemire. there are new legal and ethical questions being raised about whether former president trump may be trying to influence witness testimony related to the house select committee s january 6th investigation. so according to the new york times, trump s save america pac and his allies have paid for or promised to finance the legal fees of more than a dozen in to testify. financial disclosures show that in may alone, trump s save america pac paid about $200,000 to different law firm, the times notes that a dozen witnesses have received free legal advice and had attorney s fees paid for by the american conservative union s first amendment fund which consults with mr. trump s team about who s fees to cover. that is according to the organization chairman. the house select committee is known to ask witnesses whether anyone has tried to influence their testimo ....
Closed out, their worst first half in more than 50 years. so for investors, is it time to brace for more losses? well, good morning. well, that is the big question, and at first, u.s. futures are concerned, it looks like the losses will continue in the first day of trade in the second half of the year. to take stock of what the last six months have looked like, the dow jones down 15% in h 1 and the s&p 500 which you mentioned in the tease moments ago, the worst start to the year since 1970, down 20.6%. the tech heavy nasdaq dropped nearly 30% in the first half of the year. in the latest quarter, it was the worst quarter since 2008. and now, interestingly, deutsche bank s jim reed this morning came out with a comment that typically, historically, when you have bad h 1s, for equities, they tend to be followed by much better h 2s, suggesting that the next six months could look a lot ....