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
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