Ceo Dennis Muilenburg is out effectively immediately as they struggle to get the 737 back in the air. Halftime report starts right now. Welcome, good to have you with us on this monday, our Investment Committee today, joe ter nova, brenda is back, the cio of sand hill Global Advisers the end of year rally continuing boy, what a difference a year makes, joe, right . Certainly does. Remember last december . I certainly do. That stunk. It did. Not this time around. Not this time around. 30second record close of 2019 on friday, up 28. 5 yeartodate could have the best yearly performance since 2013 remarkable. We had a liquidity correction this time last year. We had a Federal Reserve that was clearly hostile. Weve seen significant pivots in that record. The earnings picture really hasnt changed in 2019 we know earnings have basically been flat. Where we sit right now looks as though the runway is pretty clear for further price appreciation were now getting participation not just from techno
Thanksgiving coma and the ending the threeday losing streak are a set of records around the corner or this rally a flash in the pan. First of all, welcome. Thank you. [ applause the man. The momentum killer i just drop the hammer on momentum up. We call these the ifbs they told me in your name that your name at hq is c. Quint. We might take the quint thing. So, quint, to answer the original question today was a flash in the pan december 15th columns. The december levies the tariffs, the market goes down i would think it trades down to 30, 90 or so handles from where we are now and then another conversation but today was a bounce from the market down three days steveo. I do believe the market will bounce back even the last two weeks of the year if he puts on the new tariffs. So i agree with that level too 3,000 roughly in the s p but the market who wants to he will is the market . Long onlies want to be long it long short hedge funds will underperform if the market trades lower so momen
A deadly turn as its revealed 3. 00 soldiers will stab to death. And hand in themselves students under siege in a Hong Kong University surrender of the police. Forces Cleveland Browns n. F. L. Star milds garretts appealed against his suspension for striking are not apply up with this helmet. The palestinians are condemning the u. S. Move to reverse its decades old policy toward session amends washington has announced it will no longer consider them illegal. By the trumpet ministration in its policy towards israel also in jordan reports from washington d. C. For 41 years the u. S. Has called israeli settlements built in the occupied west bank illegal under International Law that you. Us policy changed on monday calling the establishing of civilian settlements inconsistent with International Law hasnt worked it hasnt invents the cause of peace this is a complex political problem that can only be solved by negotiations between the israelis and the palestinians pump ailes announcement is t
Politicians from holding their 1st parliamentary session in a month. In sports there is in a recurring returns as manager of spain the former barcelona boss returning to the job 5 months after the death of his baby daughter. The United Nations says israeli settlements in occupied palestinian territory. A breach of International Law thats after a u. S. Decision to not longer consider israeli settlements and legal well russia has also reaffirmed at stars that the settlements are illegal while palestinians have been condemning the decision israels Prime Minister Benjamin Netanyahu went to the west bank he celebrated the announcement as a quote huge achievement that fixed a wrong rosalyn jordan reports from washington d. C. For 41 years the u. S. Has called israeli settlements built in the occupied west bank illegal under International Law that u. S. Policy changed on monday calling the establishing of civilian settlements inconsistent with International Law hasnt worked it hasnt invents t
Good Tuesday Morning welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan at post nine of the new york stock exchange. Jon fortt joins us from investor day for qualcomm, first one since 2016 a lot from jon throughout the hour, including a sit down with the ceo exclusively in a few moments. We start with tech on a tear, on pace for the best year in a decade, shrugging off mixed earnings concerns. Sectors off another record close. The dow is selling off, down 120. Buyers beware. Some say were set for overbought conditions when it comes to tech. We talk more about this and the market at large. The chairman of Global Internet banking, good to have you back. Thanks for having me. How do you put the run weve seen, especially in things like semis into context whats driving it . It is amazing, nasdaq up 28 , driven by bigger cap companies, apple up over 60 , microsoft up over 40 , facebook up over 40 to add to the point, semis has been a sub sector, up 58 , driving growth other s