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Transcripts For CNBC Fast Money Halftime Report 20170501

Consumer spending. Gets you over 3 . Probably not. I would take the under on that. Very interesting comments from the former fed chair. He was great and listen, he deserves a tremendous amount of credit for what he did for this economy. The recovery was called the obama recovery i believe he had the large hand, but hes 100 right. Getting to 3 is going to be difficult because the driver of gdp in this country now is software. Is services. It is the Technology Component and that is incredibly difficult to measure. We are a different economy, we are a time and convenience economy and to get the 3 , its not going to be the old bulk economy thats easy to measure. The treasury secretary says its going to take two years to get to 3 . Economic growth. This is the market debate. Over the next few years. Either youre going to get levels of Economic Growth to sustain stocks at high levels, profits and otherwise or youre not. Let me cast a scenario in which you get that 3 growth and a lot faster t

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