Former dallas fed president Richard Fisher is with us live and we are hours from a key report from netflix. Which way is this stock going to move the Investment Committee is ready to go. The Halftime Report starts right now. A lot of good questions there. Of course, its good to have you with us on this wednesday. We have a very good Investment Committee as usual for you jim leventhal, steve weis, jonny in najarian. Not for investors, not for today. Csx shares derailed. Investors suffering their worst day in more than a decade. A lot to unpack here lets get to frank who has been following the story since last night. You were just talking about economic indicators. The economy is strong. Retail sales strong. Unemployment at record lows. Inflation not a worry. But their new fears of a freight recession. Now csx, lowering guidance from 1 to 2 growth to a 1 to 2 decline, largely due to weaker demand for domestic and export coal and the everpresent trade tensions first half volumes fell 4 ce
Consistently speaking throughout this nation, one of the fastest ways forward is in fact education. Your comment do you disagree with that . I totally agree with that the comment with senator cotton is a part of the challenge we had with upward mobility in our society that put the focus on education is the importance of understanding globalization and technology and the chasm that it creates for the workforce for those on one side are going to be impacted by the grow iing technology and gap being created. This economy requires a different type of education. It may not be the formal education we are all used to in the figures i talked about from the High School Dropout to the person with an advanced degree that still works in addition that one, the reason why myself and cory booker and others focussed on apprenticeships is because our nation speaking of someplace like germany, we are woefully behind on using apprenticeships of using a mechanism or vehicle to help folk who is may not wan
Giant as oil jumps today is this beaten down sector finally about to move up the Investment Committee is ready to go. The Halftime Report with scott wapner begins right now. Welcome our Investment Committee today, joe terranova, steve weis, john and Pete Najarian. Lets begin with the markets and that semi surge. The chips on pace to close above a key level. Their 50day moving average for the First Time Since early may still a long way to go to get back to the highs but, pete, if this is legit, it could be extremely positive for the overall market it sure could people were leaning on this. This is exactly why this particular name moving everybody else, micron, thats why it was beaten down as much as it was. You look at yearoveryear numbers, this is abysmal but they priced in the fact they werent looking year over year but for this quarter can they beat, and they did. They beat on earnings and on revenue by a little bit, not a lot. And you look at the company. We all talk about valuation
Have you spend any time with us and talk about stocks. Thanks for having me. And the markets and Everything Else in between steve weis and josh brown. Youll see them throughout the hour as well a great collection of investors on the stage stage behind us giving their views on the market which are at record highs as were sitting here having this conversation give us your view on where you see the markets and where they are now. If its justified or not in your mind. Well, define justified. Well, why to you think were here i think were here because basically the Central Banks have todaysy theres the general view that whats worked will continue to work Monetary Policy will stay easy, and and well live with the valuations, so i think that kind of sums up the way i think most investors think. Yeah, youre not saying, and maybe its purposefully, that theres any sort of credit due to the president or his expected agenda is that purposeful that you dont think that hes responsible at all for wher
Korea. General mattis and i communicate virtually every day, and we agree there must be the highest level of coordination between our diplomatic efforts and our military efforts you cant have a stronger partner than secretary of defense who embraces diplomacy, and i hope he feels he has the partner he needs at the state department this is just the beginning of the list of partners and friends across the government who are all working for the American People theres much to be done, and were just Getting Started to address a few specifics that have been erroneously reported this morning, the Vice President has never had to persuade me to remain as secretary of state, because i have never considered leaving this post. I value the friendship and the counsel of the Vice President and i admire his leadership within president Trumps Administration to address the many important agendas of President Trump both from a Foreign Policy perspective and diplomatic im sorry, domestic objective let me