The Investment Committee is ready to go. The Halftime Report starts right now. It is great to be with you on this monday our Investment Committee today is here. We start off with what will be a big week for the fang stocks josh brown, what are you expecting here lets start off with facebook . I dont think facebook and netflix have anything common if youre long facebook dont look what went on with Netflix Facebook is a singular story the stock is telegraphing everything you need to know about how strong the quarter will be. The main concern that hang over this stock have nothing to do with fundamentals or ad rates or user rates i really think its about how bad do we think the next round of fines and or regulations will be i would point out, though, historically those things have actually been positive catalysts. It makes you upset to hear but every Time Facebook announces they settled or paid a 5 billion fine the stock adds 4 market cap the street loves when theres finality of it thats
Work where citizens are informed, our public thrives, get informed from the source on cspan. Unfiltered, unbiased, word for word from the nations capitol to wherever you are. The opinion that matters the most is your own. This is what democracy looks like. Cspan powered by cable. Joining us this morning is keith hall, the former director of the Congressional Budget Office from 2019, let us begin with defining a Credit Rating. What is it and why does it matter . Guest it is not unlike the Credit Rating all of us individually have. It is Credit Services that are looking at debt. The federal government has been outspending revenues and making up for that by borrowing. They are evaluating the credit worthiness of the federal government. According to fitch, we always had a aaa highest rating and they have lowered it to a aa , which is an indication they are a little less pertinent in the u. S. Ability to constantly repay the debt. Fitch is one of the big three credit agencies. All three hav
See our complete schedule online at book tv. Org. The library of Congress National book festival Live Saturday beginning at 9 00 a. M. Eastern on cspan two. Joining us this morning is keith hall, the former director of the Congressional Budget Office from 2019, let us begin with defining a Credit Rating. What is it and why does it matter . Guest it is not unlike the Credit Rating all of us individually have. It is Credit Services that are looking at debt. The federal government has been outspending revenues and making up for that by borrowing. They are evaluating the credit worthiness of the federal government. According to fitch, we always had a aaa highest rating and they have lowered it to a aa , which is an indication they are a little less pertinent in the u. S. Ability to constantly repay the debt. Fitch is one of the big three credit agencies. All three have Credit Ratings on the u. S. Government. S p lowered their rating in 2011, so now two out of three credit agencies have low
Washington journal continues. Host joining us this morning is keith hall, the former director of the Congressional Budget Office from 2019, let us begin with defining a Credit Rating. What is it and why does it matter . Guest it is not unlike the Credit Rating all of us individually have. It is Credit Services that are looking at debt. The federal government has been outspending revenues and making up for that by borrowing. They are evaluating the credit worthiness of the federal government. According to fitch, we always had a aaa highest rating and they have lowered it to a aa , which is an indication they are a little less pertinent in the u. S. Ability to constantly repay the debt. Fitch is one of the big three credit agencies. All three have Credit Ratings on the u. S. Government. S p lowered their rating in 2011, so now two out of three credit agencies have lowered the rating because of federal debt. This is an indication they believe the risk of default is not high, but has gone
Of the western toward the tout Administration Efforts to combat Climate Change while arguing to spur Economic Growth. We will get your take on the president s efforts in the first hour. Here is how you can dial in. Republicans, 202 7488000. Democrats, 202 7488001. Independents, 202 7488002. You can join us in a text. Include your first name, city, and state to 202 7488003. Or, on facebook. Com he spent. Facebook. Com cspan. Good morning, everyone. Lets get to your thoughts in a minute. Take a look at this recent poll done by the Washington Post and university of maryland. Most of the people they pulled disapprove of bidens handling of Climate Change. Less than three in 10 americans say they know a good or great deal about the Inflation Reduction Act, though many voters support some of its keep climate programs. The president this week talking about the oneyear anniversary of signing in the law that Inflation Reduction Act and touting its climate provisions. Here is a reminder of what w