Short bet. Traders take their positions fast money Halftime Report starts right now all right welcome. Big show today our Investment Committee is here joe, stephanie, josh brown lets begin with the markets those comments from paul jones, what he told cnbc in daf as about what he calls the explosion driving markets. We are just again in the crazies craziest monetary mix in history. Its explosive it defies imagination. And i dont think anything is changed. It reminds me a lot of early 99. So early 99 we had 1. 6 pce 2. 3 cpi we had ex act same metrics today. Thats out in davos josh brown, turn to you. Answer the question. Time to worry or party like its 99 i think most investors are doing a little bit of both the data does not show that any segment of investors, whether talking about institutions, hedge funds, retail, Family Office foundation, there is nobody out there right now acting in word or indeed as though its 1999 you just dont see that form of euphoria out there in the market do
house counsel has just made the most powerful argument and the effect of witnesses and documents that could be made. they actually did a better job of making that argument even in the house managers made. why? the white house counsel laid out specific staff that they believe took forth the president s position in this case. to use one as an example, they said the release on aid and the hold on aid and then the release was based upon the president concern about corruption and burden. there was public reporting on the eight was released at the white house had to scramble to try to come up with a rationale for the whole. the documents are available. the documents would show whether there assertion of the fact is true or not. the white house counsel has just basically moved to us that we can only grapple with the facts in this case that we get witnesses and documents. one of the white house counsel, mr. philbin said, cross-examination is the greatest engine to search for truth in
The days top stories from around the world, from politics and money, to sports and pop culture. On matters that have nothing to do with the campaign. I think that even mr. Manafort as i read it had requested that there be no mention of his brief tenure at the Trump Campaign several years ago. This has nothing to do with collusion, russia, nothing to come with the Trump Campaign. Reporter the case centers around his past lobbying work for the pro Putin Ukranian government for which prosecutors say he received 60 million. The government alleges manafort hid millions and failed to pay taxes while still spending the money on real estate and luxury purchases, including homes in manhattan, virginia and the hamptons, expensive suits, and baseball tickets. And prosecutors will present hundreds of emails, photos and financial records to prove it. Prosecutors say manafort also lied to banks about his income to secure more than 20 million in loans. And this trial now underway, it is expected to l
Charges related to bank fraud, tax charges. So this is the moment where this courtroom will now finally be hearing from manaforts essentially his number two, his former right hand man, rick gates. And gates is the prosecutions key witness. He will be the next person to testify. Lets go first to cnns caris beganel. She is just outside the courtroom in alexandria, virginia. Tell me, when will this happen . Mere minutes . We have one more witness to finish testified today. Thats manaforts accountant. Rick gates is the witness thats up next. Many of thes attorney said that in court. This all came about as one of manaforts attorneys sort of dropped a bombshell alleging that rick gates embezzleled millions of dollars from Paul Manafort. He asked the accountant would that have been something she would have looikd to have known. She said she would. He teed all of it up by making
it appear that rick gates was the main person he dealt with. And he tried to suggest through his questioning of her
Trump trying to make a joke of bob mueller. The president s top two attorneys, jay sekulow and Rudy Giuliani taking three hours out of their day, not to work on the Serious Investigation itself, an investigate that giuliani has explicitly said he fears could lead to possible impeachment proceedings against the president of the United States. No, taking three hours to guest host a radio show and to be specific im talking about sean hannity of fox news radio show. Hey, welcome to the sean hannity show. Jay sekulow and mayor Rudy Giuliani. How about that . Giuliani and sekulow. Isnt that nice . That is. We can start all kind of speculation. Sure, speculation that the president s lawyers are trying to become the next famous duo like an abbott and costello. Listen to some of the questions that rudy and jay decided to take from callers. Speaking in regards to
hillary clinton, we have proof of that. And why are we not pursuing that . Why is not ag sessions pursuing those criminal acts . You g