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Guys, that interview with barry right now makes you feel better. Gives you hope i think its important to he hear, are stocks cheap yes. Is the system working . Yes. Is the opportunity going to be great if the countrys locked down no so whats important is to find out where the country is fiscally thats why its important to speak to the treasury secretary. Yeah. The concerns that we had yesterday continue to be the concerns we have today, which is about businesses forced to potentially suffer significant financial damage as a result of being closed or having no customers. And what that will mean. Liquidity is always an issue it does seem to be not in the treasuries where we have seen illliquidity that scared people moving into credit, which we need to focus on huge repricings. The cost of capital has gone up for corporate america. You can provide people money, but those people dont want to go out we are a service economy, twothirds of our country is service. What do we do when you get mo ....
The half. Im scott pop ner the next flicks numbers hours away now, those earnings coming up can the beaten up stock get back on track it is 12 00 noon and this is the Halftime Report. Announcer netflix facing its final quarter of calm before the streaming wars with apple and disney begin, but investors need to tune into retail sales falling for the first time in seven months are cracks beginning to form in the consumer and what does it mean for the market . Amazon getting a huge price hike ahead of its earnings next week the traders take their position. The Investment Committee is ready to go. Halftime report starts right now. Good to have you with us on this wednesday, our Investment Committee, joe chenova, steve wise the count down to the netflix numbers, competitors lining up to do battle with that compan ....
Slash regulations and back out of global efforts to fight climate change. We have breaking headlines from President Trump. You see him right there. Plus a second earthquake rocking california. Experts are warning about months of after of aftershocks as resit brave the front. Wee await arrival u. S. Womens cup champions. The u. S. Womens soccer team, as their win on the u. S. Stage sparking a new revolution. Connell blake burman is at the white house for us. Deirdre bolton at new york stock exchange. Dan springer out in seattle. With the president speaking as we speak, blake, lets start with you. Reporter connell, President Trump is in the east room giving a speech on the environment touting gains made in the u. S. , not only the last couple years during his administration but years and decades past. The president also talking about how he sees protecting the environment, ba ....
Hour ago, our partners saying jack dorsey will be named permanent twitter ceo as early as tomorrow, finally. What took so long . The man who helped to break that story, coming up. Also, two years behind schedule, but elon musk has finally unveiled teslas model x, that gorgeous crossover suv that came out last night at the factory in fremont, california. But the original car guy himself says he is bearish on the electric auto maker. Bob will join us coming up. I dont think it looks like an suv. Well, its more like a crossover. But it is in the category of suvs. Looks like an overgrown sedan to me. More on that coming up. Lets start with bob pisani. Hes got a closer look at todays gains and the damage done. A lot of damage done. The only thing people are talking about, the main thing is what is going to happen with health care. Thats where everybodys been blind sided the last two weeks. We got a nice bounce today in the big name. Im talking pharma. Big names. Hmos. Hospitals. Its about t ....
Percent or 29 points. Thats where we stand right now on this monday. Well, despite disneys new star wars movie absolutely crushing it over the weekend, crushing all box office records, in fact, the stock keeps on falling. Its down another 1 today. So youre looking at trading since friday, if we can bring up that board as well. There we go. Down from the 112 range to the 106 and change range as we see today. And, mandy, the driver here has been the btig media analyst rich greenfields two cnbc interviews in two days. Watch this. Disneys earnings expectations for fiscal 17 and 18 are simply too high. Were 5 below the street for 2017. 8 below the street for 2018. Bob eyeinger is not being truthful about the ability for espn to go direct. Do you think more than half the households in the u. S. Would say i have to have this. Youre saying hes straight up lying . Were saying hes not being honest with investors. All right. There you have it. Lets bring in martin pyykkonen, New York , United States , Rockefeller Center , Point Cook , San Diego , Bruxelles Capitale , Macau General , Jim Chanos , Ralph Lauren Michael , Larry Kudlow , Bbob Iger , Erin Gibbs , Jared Bernstein , Robert Frank , John Chen , Tim Cook , Oliver Wendell , Kelly Evans , Peter Keith , Square Gee , Steve Wynn , John Buckingham , Brian Sullivan , Dan Leonard , Dominic Chu , Michael Happ ,