chris harvey all right. where do we go from here, dan?i think it's important to remember the whole laundry list of concerns in q4. other than the fed, not many of them have abated and we still have an 8, 9 $10 trillion of sovereign debt and what does that tell you about the health of the global economy. we've had organizations and global growth expectations for 2019, so to me, i feel like we're back at these highs, have a party, people, it's amazing. we've done this now three times in 18 months and it's a great thing, but just remember the last two times that were here and people make bad decisions and buying high and selling low and it doesn't 19 you have what karen does and take upside calls and take off some of the names that have actually gone up 15, 20, 30% like the semis there's nothing wrong with taking a little off the table and maybe rotating health care and maybe that's the better move here and to me what everybody is saying is this is a tricker market than where we were at the low and it's the deep end of the pool. >> check out

we had wells fargo's chris harvey, he is hiking his target, saying p/e ratios are rising, and will continue the bull market higher as investors will be more willing to pay for american equities, as they outperform the other assets. we are looking at a 17 times p/e ratio. anytime we can mention standard deviation on the air, it is a good day. amanda: that is a great chart. to california, facebook's f8 conference is underway. mark zuckerberg giving his keynote address right now. we have our tech editor with us. some of the highlights, he started to speak, got massive cheers, and then he said, wait, it is not as positive as you think. >> probably a pretty depressing message for developers rely on facebook, and the message is the company is going to crack down on the type of data they have access to. obviously in response to the cambridge analytic a scandal. there is a balance that facebook has to have to strike, they have to give outside developers access to enough information about users and what they are doing to keep the ecosystem going but they also have to keep privacy in mind. taylor: th

coming up on the open with jonathan ferro, chris harvey, wells fargo security head of equity strategy from new york city for our audience worldwide. i'm jonathan ferro. "the countdown to the open" starts right now. ♪ jonathan: coming up, trade talks progressing. president trump meeting with china's vice premier at the white house. the industrial slump in europe continues. german factory orders dropping the most in a decade. tesla stocks plunging after a monster decline in q1 deliveries. 30 minutes away from the opening bell. good morning. here is your thursday price action. futures totally unchanged. the euro of touch softer in the face of more negative data. euro-dollar 1.1217. treasury yields coming in a single basis point to 2.52%. we begin with our top story. a trade deal widely expected and quite possibly already priced in. >> we may seem -- see an interim deal. >> likely to be a resolution to the trade talks. >> the positivity is already there. >>

record highs and wall street's biggest bear says the gains are in for the year and wells fargo's chris harveyexplain and that's where we start with the market rally that no one can seem to touch, not the fed and not trade wars and

chris brown believes investigators had tunnel vision and need to take a long, hard look at adam harvey's ex-boyfriend of six years. a look at harvey's facebook page shows a cat lover. there's even a picture of adam with kenzie. >> the police asked me if there was anybody out there that i thought would've done something to her, and the first person to come to mind was adam harvey. she feared him. >> reporter: she was terrified of him. >> she had protection orders. protection from abuse orders. >> reporter: in that protective order, kenzie claimed adam had left messages threatening to kill her and her entire family. adam harvey denies all of those claims. >> unbeknownst to jordan, his soon-to-be stepmother had a pfa against a gentleman who had been threatening to kill her, leaving threatening messages, who happened to drive a black truck. >> reporter: a black truck. remember, jordan said he saw a black truck on the morning kenzie was murdered. >> jordan brown described a black pickup truck, which coincidentally adam harvey was stopped in. it's hugely significant. >> reporter: the police

harvey milk club, and the aids legal referral panel. the person that started the first s.r.o o. collaborative was trying to decide whether to hire belbill suro are chris daily, and i suggested, why don't you hire both of them, and she did. that original program was modellied on a programodeled a d code inspection outreach. the goal was to improve living conditions in a cooperative spirit, to maintain the minimum standards of the san francisco housing code. the s.r.o. taskforce helped broaden the participation of communities with the s.r.o. clab tiffs o. collaboratives which served chinatown, central city, the mission, and the s.r.o.families. >> and the chinese progressive association is also a member of that collaborative. it totals about 20,000 san franciscans. the s.r.o o. taskforce worked with the collaboratives and the board of supervisors to establish groundbreaking groups, and passed the landmark s.r.o o. sprinkler ordinance which saved thousands of lives. our taskforce today would like to renew the terms of our existing members and replace a couple of members who have served us with honor and moved on. we are simply looking for people who can w