meanwhile, the decision came hours after trump took a swipe at gary cohen who worked with powell at goldmanhs. cohen resigned from the white house after clashing with the president over trade policy. >> looks like rob porter and gary cohen were the sources for that book. >> i was very good to both of them. it could have been. a lot of people have said that. you know, gary cohen -- i could tell stories about him like you wouldn't believe. >> the election countdown continues with just 25 days to go. last night the "new york times" poll completed its survey of texas finding senator ted cruz ahead with 51% to congressman beto o'rourke's 45%. a brand new poll of tennessee senate race gives marsha blackburn a 14-point lead. tough numbers for wisconsin's governor scott walker. democrat tony evers leads the two-term republican among likely voters. it is worth noting that the nbc poll was conducted before a just released marquette poll which shows 47-46%. >> house republicans have narrowed their sights in hopes of keeping an even one seat majority. a the report says a memo from the republican super

director kudlow: where would you say you change the policy process from gary cohen. ? irector kudlow: gary did a very good job. he is a friend of mine. he was in or mislead helpful. -- enormously helpful. we have made some staff changes. there has been no throw housecleaning. we are the free market guys. i am proud of it. i worked very hard with the staff. yes, i am doing a lot of media work. day, you might imagine from your experience, you are doing the committee work which is tough going. it's essential. i don't think i've many radical changes. we work with everybody. it's in her agency. we will have -- inter-agency. ish of what we do discussions and brokering information and having call 'setings to get everybody point of view and presented to the president. mr. rubenstein: when you present things to the president, do you send a memo first? director kudlow: you've got to put some information on a memo. it will go through the staff secretary. mr. rubenstein: have you found it now you are in this position, people laugh at your jokes more? are people telling you how much

cnbc's senior economics reporter is live in chicago with gary cohen. steve, gary, take it away. >> thanks very much, scott here with gary cohn. former head of goldman sachs, now block chain officer. we'll get to that in a minute. let's talk about the markets, 340 down right now last week was an unsettling week as rates came up how do you put all of this in context here >> i think the market is trying to find a level that it's comfortable with we had a fairly large rally at the end of last quarter as people anticipated good earnings in the quarter i think we're getting the good earnings we've seen ten-years move up we've seen it sort of settle in this 3, 3.25 range i'm not saying we're in sustained 3, 3.25 range. there's a lot of news in the market and traders are trying to find a -- a neutral level. >> we can come back to the idea of neutral level in a minute when you look at the ten-year at 317, is that going higher in your opinion >> i think it's going higher but i think that if you look at the fed, and what they've done on their forecasts and what th

rope to both of you, bob pisani, and art carbon a reminder that steve liesman is going to talk to gary cohennext hour, i'm sure there will be questions about what we're hearing right now and goldman david solomon with wilf, i think it's his first interview since ceo. >> and an eye on investor earnings, kansas city southern and honeywell to name a few. >> let's go to the judge and the half >>> i'm scott wopner, the question is the bull market more at risk today than it's been in the past eight years or have investors become just too fearful of rising rates? your money might hang on the answer this is the halftime report we're getting right after it today with the markets selling off at this hour we want to discuss and debate with our panel today we have with us, one of the biggest stories of the day, joe terra nova lindsay bell is with us, cra's chief investment strategist. let's begin with the markets, stocks are at the low of the day,

trump adviser gary cohen has a new job. he is now and advisor at spring labs.was formerly the coo of goldman sachs. this is bloomberg markets the close. this is countdown down to the close. i'm caroline hyde >> i'm scarlet fu. would be theanks big theme but it is giving way to big tex. >> it is still about tech and momentum. when you look at what got clobbered, it was the momentum hedge funds. when you look at what is bouncing back, it's the same ones. i have had my eyes on some of these hot stocks like adobe. they are all bouncing back nicely. the reversal of what we saw a early in the week. >> great timing for one company, and a plan. they went through with their ipo. >> amazing, and ipo in this market. >> now they can go forward and say it was a successful debut. you mentioned the software companies. way by farading the of 3.4% as a group right now. tech hardware is also doing well. netflix is up. on the flipside, if you look at the worst performers, you have the auto and components index. banks as well. >> they are widely thought to be good but not the stor

he did this with gary cohen, his former economic adviser, and others that seemed there might have beenwhy they had left. but the president trump of the angular melodic praise. but almost anyone you will speak to, especially those in the white house, they loved nikki haley, they think she did a great job at the un during a tumultuous time for the white house. she was there when they announced the us would pull out of the un security council, she was there for all of the tensions with the iran deal and others along those lines as well as help overseeing the summit with north korea. she's been there for a lot of key moments from a foreign—policy perspective. it'll be interesting to see who her replacement is one of the can live up replacement is one of the can live up and fill the that she has spilt over the past year and a half or so. and nikki haley herself said she was not going to run and 2020, she was going to be supporting donald trump. but is she seen as a realistic future candidate for the presidency? she could be in that is what sources i have put into and we recorded a bit on th

they have thrown their support and a chicago trained phi than cierre who is seen as the gary cohen ofrazil. they think he can eradicate corruption and rein in on crime which is a big issue for the country. markets continue to push higher. brazil continues to buck the downward trend that we're seeing in emerging markets. the key issue is whether the new president, whoever it may be, will get the support from congress to push through these new policies and economic reforms. if not, this rally that we're seeing in brazil could be short lived. sarah? >> yeah, 2% new higher for the real today seema. >>> government news alert on netflix. julia? >> sara, netflix plans to open a new u.s. production hub in albuquerque, new mexico. final negotiations to purchase abq studios located in albuquerque saying netflix plans to bring $1 billion worth of production and to create up to 1,000 production jobs a year this comes as netflix continues to increase its spendingon original content this will be another place where they will shoot a lot of that content and they have done some series in new mexico a

europe steve leishman in chicago with his exclusive interview with former trump economic adviser gary cohen and eamon javers has the latest on the saudi scandal. >> thank you, tyler, the markets are dealing with issues, some are old, some are on the new side at least four or five are a lot to digest every day. right now, number one is the china slowdown, 25% declines in china, some cases 30% declines how much are they slowing down we have industrials reporting earnings and commenting along with that. then at the same time we have a limited follow-on from the tech report not much follow through i don't have all, of course, mr. draeg warned italy not to bust the budget then we had saudi arabia's isolation with mnuchin pulling out. is there a knock on for tech stocks tech did stop, so names like netflix, facebook, google, all dropped right at the time of those headlineles. then we got the margin pressures on industrials sealed air, textron, sealed air citing unfavorable currency, textron missed on the top and bottom line. we heard grangeer comment, bottom line is this, folks, margin pressure.

cohen, executive director from oewd. tom temprano from supervisor mandelman's office. frances johnson from assembly member king's office. gary mccould i from nanny pelosi's office. i believe joaquin torres, the director of economic and workforce development is here. thank you to the building of building inspection for keeping our construction on schedule. thank you to hunters count family and downtown -- hunters family and downtown streets team. special thanks to sean roblin who introduced us to roblin construction. and of course i want to acknowledge our staff, lexie sharma, who was our project manager. jackie ho, who was also our project manager. and all the people who keep this park incredibly build, the c.b.d., too many people to thank, so if i missed you, i apologize. now time is the time for the ceremonial awning raising, so -- oh, supervisor mandelman is here, not to mention tom tamprano. okay. ma'am, we're in the middle of a -- okay. yes. okay. [inaudible] >> right on. okay. so mayor breed, mayor brown, you guys, the most important people here, will you join us, and we are going to count down. credits the y.m.c. afte

cohen: all right thank you. colleagues, we are in receipt of a letter from the appellant, mr gary vice of corbett heights neighbors is withdrawing his appeal. i want to recognize supervisor madeleine to make a few remarks -- supervisor mandelman. to make a few remarks. >> supervisor mandelman: i want to thank the project sponsors and the corbett heights neighbors for their willingness to work together and find solutions that work for all parties and i especially want to thank my aides for their extraordinary work on this item. >> supervisor cohen: all right are there any departments that would like to speak on the agreement that has been reached? all right. seeing none, we need to take public comment on these matters. ladies and gentlemen, if there is any member of the public who wish to provide public comment under the understanding that this appeal has been withdrawn already, please come on up to the podium. as a reminder you will have two minutes to speak. all right. seeing that there are no speakers, public comment is now closed. this hearing has been heard and filed. is there a motion to approve item 31 and t