And fed week lululemon stock up more tha 50 this year. Is it getting stretched or is there more room to run and a slew of group grades on the street, its our call of the day. Halftime report starts right now. It is a big show and good to have you with us here on this thursday your Investment Committee today, joe terranova, steve weiss, jon and Pete Najarian and kristen bitterly with citi private bank. Welcome. Thank you so much to discuss. Lets start with the macro markets. The dow posting its biggest gain since early june and kind of incredibly back to within 2 of its alltime high. Joe, should we really trust this rally or is this all just algorithms and Computers Gone Wild by the way, congratulations yesterday you said the next 50 handles we dont go there, i still have a position. The president could tweet something and it turns into a loser. We dont touch that until were out of the position. No congratulations, the trades you theoretically have not made the president is staying quie
Lacking . And let the record reflect, not quite i roll but i think the response was no, they have not found this to be pro forma in anyway. Ive been on this job now getting on towards five years, and i have done nothing about my interaction or our institutional interaction with the intelligence committees to be pro forma. They have fairly substantial staffs which have a lot of experience. Some of them come from the community. They know that they dig very deeply into what we do. The dni occasionally using the term wire brushing, the interaction we have with the committee. So its not a pro forma interaction in anyway. On programs like 702 that were talking about today, for example, we all lived through the reauthorization of section 702 in 2012. That process was not simply in connection with intelligence committees, but i can remember briefings where we would go up, for all member briefings being held in communities, committees would host before the congress. I dont want to leave the imp
And i believe that modification has been distributed in writing. What he would do on rates is, it would allow the exigent price increase to remain in effect for one full year. After that time, the remaining exigency amount would be recouped by moving to a cpi plus one. The cpi plus one would remain in effect until a new rate system is implemented. It would also maintain the schedule the rewrite of the rate process in 2017, which could lead to a future rate increases, only they would be part of what would be a transparent process that involves the Postal Service customers in discussion. The prc projects my amendment would bring in 3 billion more in total revenue to the Postal Service verses some of the well, if i might say the audible which was i think this actually is a real, true compromise because of that and because of what you are trying to do to enable the post office to remain or to become profitable. On governance under current law which my amendment would maintain the Postal Re
54,000. By the way, it was exactly one month ago today that the death toll here in the United States was just over 1,000. At the same time, more states are preparing to crack open the doors to their economies, doors that were slammed shut weeks ago when the pandemic hit. Stayathome orders expire tomorrow morning in a few states where restaurants and some stores will be allowed to open under strict safety rules. But officials at the white house tell cnn that social distancing directives are not going away any time soon. Social distancing will be with us through the summer to really ensure that we protect one another as we move through these phases. This Public Health crisis is not the only unprecedented catastrophe looming over the United States right now. The u. S. Economy is enduring week after week of staggering losses, and americans are out of work in numbers not seen in decades. One of President Trumps economic advisers is projecting an extremely grim picture. This is the biggest n
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