Ready to go. The Halftime Report starts right now. Welcome. Good to have you with us on this thursday our investment ranov terranova, steve weiss, peter najarian, liz young is back. Lets begin with the market. Stocks coming off the worst day in two months, some because of those two words jay powell said on wednesday, midcycle adjustment words that cast doubt that the fed was going to embark on a series of rate cuts. Liz, what do you make of this . Down 300, up 300 did powell confuse us . Was the market over its skis i think powell is taking some criticism that is a little unwarranted. We dont see a rate cutting cycle thats necessary here. I dont think hell embark on one. Lets not make it a selffulfilling prophecy what happened yesterday was an adjustment in indexes, some of that Algorithmic Trading so no cycle liz says wont be a cycle. Lee cooperman told us yesterday, not going to be a cycle what does that mean for where stocks go into the fall i thought the idea would be there would b
The g20 with washington agreeing to not impose any new tariffs and will let American Companies sell hightech equipment to Chinese Telecom giant huawei, beijing would buy more American Farm products, President Trump commenting on his meeting with chinese president xi jinping yesterday. President xi and i had a fantastic meeting, great meeting, we get along and we also have a really, really Good Relationship and he wants to see something happen and so would i and i think theres a really good chance of that happening, we had a great meeting. Dagen joining me now Senior Research fellow dean chang, good to see you, dean, what the u. S. Is giving and the china is giving is to get trade negotiations going back on track, where do you see whats going from here . Frankly i dont think we will see much progress the markets are hoping for, the reality is that the core problem, that of chinese lack of respect in stealing of intellectual property hasnt changed, hasnt really been addressed yet and its
Attempt to quell protests, she said the controversial extradition bill that sparked the demonstrations is, quote, dead lam said there is no plan to restart the legislation and earlier work to amend the bill has been a failure lam suspended the bill but protests continued with calls for it to be withdrawn completely lam did not say that she is officially withdrawing the bill. She said the bill is in the coffin, the bill is dead and no one needs to worry that there will be any tactics to resume the bill in the lenggislative council term Richard Bransons Space Tourism company now planning to go public. That is according to a wall street journal report it will list shares as part of the deal with social capital company, spac. Weve talked about it in the past it was created by a friend of squawk box, spac will invest 800 million in Virgin Galactic, it will get a 49 stake. The stock market listing is expected to take place later this year. Virgin galactic so far sold 600 tickets to space at
Iran and every other thuggish regime understands is strength and pain. Cut in, listen to nancy pelosi and Justin Trudeau. We were recently together in normandy. We had a delegation of nearly 60 house members and like noahs ark to normandy to pay tribute to our veterans. We were proud to join the Prime Minister there at juno beach to pay tribute to the contribution at that canada made to that historic normanly invasion. I wish you could have been there, to hear the Prime Minister speak so beautifully in english and in french about our veterans, all of our veterans in that instance we were paying tribute to canada as well as other nations. We had a lively discussion with the Prime Minister on issues that relate to global security, to economic relationships in terms of trade. He may want to talk sports. I think that is off limits. But in any event, canada is our trusted neighbor, our relationship is a warm one. And it is an honor again to have the Prime Minister visit and, mr. Prime minis
No, no, no bad boys, bad boys whatcha gonna do whatcha gonna do when they come for you . Hands behind your back bad boys, bad boys whatcha gonna do whatcha gonna do when they come for you . Announcer cops is filmed on location with the men and women of Law Enforcement. All suspects are innocent until Proven Guilty in a court of law. A lot of times when people come up and say thank you to me, i always tell them that, you know, thanks is not needed. Its just something that i love to do. But it just makes you feel that much better about this job and what youre doing when, you know, someone comes up and just appreciates everything that you do, that youre willing to go out there and put yourself in dangerous situations to keep everybody safe. over radio there he is. Come behind 405. Ill call it. Right now, weve got two officers in pursuit of a stolen motorcycle. over radio still continuing eastbound. He evaded earlier today and the officer just located him. Right now theyre headed towards s