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Weekly jobless claims also still near the highest we ve seen all year. and the latest gdp report shows the economy shrank for the second quarter in a row. joining us now cnbc finance and investing reporter leslie picker. and it is good to see you. so, you know, the three quarters of a point raise by the federal reserve this week, put together with that gdp report that by some definition suggests we re heading toward a recession at the very least. but it doesn t look like the market is taking that to heart. yeah. will, you think all of those would add together to a negative week. but given aup of that seemingly negative economic news you might be surprised to hear that s&p 500 is on track for its best month in july in nearly two years. now part of it has to do with a few key earning reports. you have amazon and apple that were out yesterday. but also there is this investor narrative taking hold that the economy weakening may be a good thing, yes, i said a good thing. ....
leslie picker at the new york stock exchange, thank you so much. we appreciate it. coming up next, protesters expected outside of former trump s golf course in bedminster as it hosted the saudi funded live golf tour. we ll have a report if from the club and showing you the comments that the president made about 9/11 as he tried to deef fend the tournament. and as we go to break, on sunday, my guest is a hollywood icon, kevin bacon, a conversation in new york city about his prolific career, foot loose , diner and a few good men and his take on the game 6 degrees of separation. does he like it and does it anow him or does he play it at home with his wife kira. this weekend on nbc sunday today. and we ll be right back here on morning joe. day-in, day-out ....
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