The Halftime Report with scott wapner starts right now. Welcome, good to have you with us on this friday, our Investment Committee at the desk today, josh brown, stephanie link, jim lebenthal, the chief Investment Officer at Boston Private Wealth is here, liz young is bny melons director of market strategy, anastasia from Jpmorgan Private Bank and lets begin with the broadcom story. Its one heck of a buzz kill today. Price targets cut across the board, lots of stocks in that space are down shortly, not jus broadcom, amd, lam research, micron, you pick it in the chips and its getting hit pretty hard the chips have two things working against them the first is theyre like one of the last true global cyclical sectors that exists that have any real market cap and any real size so you see a lot of people express their views about the Global Economy in those equities and obviously, the tariffs are an issue because of how much cross border work needs to be done in order for chips to be manufac
One of them joining with some of this is al jazeera live from london also coming up whether vote against us will save a lot. We dont care resident trump threatens to cut Financial Aid to countries voting for Un Resolution against his decision to recognize to resume as israels capital. Polands president signs into law a controversial judicial reform is despite a threat from the e. U. To suspend his countrys polluting. Zimbabwes new president makes fixing the economy his number one priority in the state of the nation speech. Though they are very warm welcome to the program we begin in the United States where president dont trump is due to speak to his huge lead just lots of victory which will live for the biggest overhaul of the u. S. Tax system in thirty years earlier the u. S. House of representatives gave the one point five trillion dollar tax reform bill its final approval when i was passed a president to be signed into law republicans have praised the bill which will repeal pots it
Also in the next hour. The extent of homelessness in england is described as a National Crisis by a group of mps. The number of rough sleepers more than doubles in six years. 9000 people are thought to be living on the streets. And the super agers, cheer leading in their seventies and eighties, so whats the secret to a long and healthy life . Good evening and welcome to bbc news. Britains Biggest Police force, the metropolitan police, is reviewing all its current sex offence investigations after the collapse of two rape cases in the space of a week. Both prosecutions were halted because the police had failed to disclose key evidence which might have helped the defence. Several legal experts are now warning that this may reflect a wider issue across england, wales and Northern Ireland. We will bring you more on that later but first i want to take you to these pictures in washington. In a few moments, in fact im told he is making his way through the crowd and the president of the United
Will take we dont know if the president will take questions, but his recent predecessors have usually held a prechristmas News Conference to talk about the years achievements. Marriage garrett is on the south lawn wait Major Garrett is on the south lawn waiting. Reporter welcome to a warm afternoon here in december on the south lawn. You can see republicans behind me republicans in the house and senate, the combined leadership of the two chambers of Congress Awaiting the president s arrival. Here is the president of the United States. [ music ] ladies and gentlemen, the president of the United States accompanied by the Vice President , the speaker of the house, and the Senate Majority leader. [ applause ] [ music ] it will be interesting to see what sort of questions the president takes beyond the tax bill, which is the largest tax overhaul since 1986, 1. 5 trillion in total, providing a great deal of tax relief to everyone, including businesses. In the past, president ial predecessors
Christmas. An extraordinary victory for American Families workers and businesses in the it will pour rocket fuel into the engine of our economy. Has Speaker Paul Ryan incurring a once in a generation tax reform bill. No the supplies that big business is there. The democrats in some economists very big factor. Companies are to be coming back we are not going to lose our companies anymore. And theyre going to stay in our country and weve been seeing we been seen whats been happening even at this prospect but they have tremendous enthusiasm. Thats can be very important. You know all about. We are going to bring at least 4 trillion back into this country. In parts of the world some of them dont even like it. Their neck and have the money long. Its very simple when you think you have not heard this expression but we are making America Great again. I want to have them get up and when the glamour and glory. I want to think mitch mcconnell. What a job. They are going to speak in say a few word