had casually scott purk had tuck casually added a tantalizing detailed his life story. >> scott justell, his first wife had committed suicide in 1985. she was pregnant, nine months pregnant. >> as if not only is my house in embers but this isn't even the worst thing that happened to be? >> i was shocked and it made me wonder, okay, now i need to look into this. i'm looking at someone who believes in arsonists. now i'm wondering, okay, we'll see a murderer? >> the two lawmen decided to pursue parallel investigations into scott purk. would lidel take lead on the arson case. mifflin, the suicide. >> you guys know each other and you get along? >> he knows exactly what he's doing. >> we do work very well together. we have a great relationship. >> mifflin his case had the highest hurdles. not only had scott purk's first wife, meg purk by 24 years earlier, but she had died in akron, only a few miles from stow. but a different jurisdiction. what's it like to go to the akron police and say hey, i'm from a much smaller department but i think you've got this case run back in the mid 1980s? >> y

j >> cvs, scott.calls that expire friday because of unusual activity at higher strikes, i like this one going into the end of the week. >> sounds like crowdstrike is you, josh brown. >> yeah, new record high for crowdstrike today. what more can i say? top billing. >> yep all right. good stuff, of thanks everybody "the exchange" starts now. >>> thank you very much, scott hi, everybody. i'm kelly evans. ahead on "the exchange," another day and another set of record highs for stocks with earnings season off to a pretty good start, consumer confidence bouncing back. the housing market is still strong and a potential stimulus deal, do the markets have a green light for the remainder of 2021 >>> plus, the debut of our earnings exchange today. as the season ramps up we have the action, the story and trade ahead of three key reports tonight. microsoft, alphabet and robinhood. >>> with the white house looking fo

. >> i'm scott wapner. front and center this hour, what it means for stocks and whether both names are a buy on today's dip and we'll ask the investment committee. joining me is kerry firestone, and shannon saccocia, dow is positive, s&p was positive slightly knocking on the door yet again and nasdaq was the loser coming off its lowest levels there's the russell yield on the ten-year and pete, the story of the day is the comeback and that's how i see it. the market basically brushing off what it got from apple and amazon and those two stocks are off of their worst levels. >> yeah. i think it's really impressive, quite honestly we never got the huge spike you might expect in the vix either, scott. when you look at two monster names and some of the disappointments that were there and yet you don't see that huge spike in volatility. you don't see a lot of overly concerned trading going on and suddenly we start to see a comeback in apple for sure off of the lows of the day so a lot of interesting movement that

well, tim scott was ready for this. mr.resident, you could support my opportunities on legislation. until that point, the white house had no patience for this. there were a few people in the white house who were. the white house itself was not. that changed instantly. jerome smith gets a call from a guy who was the lead has legislator at the time and said that opportunities him they, the president is for it. the next day on air force one, trump is asked by reporters about his meeting with scott. trump said we had a great conversation. by the way, that thing he is talking about, i am all for it. at that point, the trump white house got behind it. there have been a lot of stories about how he ivanka trump and jerry trump took advantage of this. some suggested this was a nefarious scheme by them to line their own pockets. i actually don't think that is true. i think a tax break past that was very favorable to real estate and not surprisingly, people around donald trump who are real estate investors took advantage of. host: we

scott of virginia. the speaker pro tempore: pursuant to house resolution 116, the gentleman from virginia, mr. scott, and the gentlewoman from north carolina, ms. foxx, each control 10 minutes. the chair recognizes the gentleman from virginia. mr. scott: madam speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. scott: there are six amendments in this en bloc amendment. mr. kahele has offered an amendment which establishes a native hawaiian resource center on domestic violence. ms. ocasio-cortez has offered an amendment to offer the definition of a child to include any child under 18, including emancipated minors. mr. cohen has offered an amendment to clarify grant eligibility for legal aid organizations. ms. newman offered an amendment to clarify the domestic violence coalitions may partner with mental health and substance use disorder providers. ms. jackson lee has offered an amendment requiring the g.a.o. study requiring -- required in the unde

. >>> carl, thanks so much welcome to "the halftime report," i'm scott wapner. how to ride the volatility up, one day down how long is it likely to last? we will ask the investment committee and get their best plays for your money this hour joining me for the hour, brenda vanjello, and john teranova and jon najarian and let's check the markets. the stocks are lower by now and the ten-year yield sits at 151 the stock's up, as i said, all around this week especially recently take a look at this. the nasdaq is a good picture of the volatility that all of us have been enduring for the last several trading days if we can get you that, we'll show it to you, but it's been tech, the epicenter of the most volatility in the market inflation fears and that's where the culprit lies rates go up, tech seems to go down joe teranova, you say the market is in a tenuous position >> sure. i think we can use that word and that is where we remain and i don't see this as a risk off environment where 15% to 20% down for equities is going to be the path i think there are too many condi

this was too much for tim scott.e went on a couple of interviews in which he basically said, we need more on leadership from the white house. this is not moral leadership. this is wrong. there are not good people on both sides. it was a very strong statement, especially from a republican senator. he gets a call from the white house a couple weeks later to talk to the president. scott said, i thought maybe i should go, maybe i should not go. he went. he was braced for a real confrontation with trump. instead, he found, as other people have reported that in these settings trump does not want confrontation. it was an amicable conversation. tim scott talked about being black in south carolina and why what trump said was hurtful. trump said to him, according to tim scott, what can i do to make it up for the people i have hurt here? well, tim scott was ready. he says, mr. president, you can support my opportunity zone legislation. until that point, the white house had no patience for this. they were trying to cut corporate

scott? >> commissioner ransom-scott: i want to thank monica for her report and the information given. just commend you all for the fact that you're staying up with the 21st century and moving forward with getting the best expertise for your database. so thank you. >> chair bustos: thank you commissioner, scott. vase chair rosales, any comments or questions? >> vice chair rosales: no comments. >> chair bustos: commissioner bycer? any questions or comments? i want to say monica, thank you and echo commissioner scott's comments. it's important to be able to document and have historical record on what ocii is doing. the fact that we're going to have upgraded system that will not only categorize and make sure we preserve the history that's being made by the work of ocii. thank you very much for that. commissioners, may i get a motion for this item? >> commissioner ransom-scott: i move that we authorize the first amendment to the personal services contract with diamond technology services and to i

a great conversation with him, scott.company i truly believe in, and i've said it from the beginning that this is jack dorsey's opus and not twitter, and i think they just continue to do wonderful things both with digital assets and cryptocurrencies as well as providing more for the unbanked than virtually anybody else, so i really like square and that's why i'm sticking with that one >> okay, josh. again, your paypal do you think it's an either/or >> it's not, and -- and i think where they compete head to head is venmo versus cashapp and cashapp to jon's point has done a much better job in pop culture -- look, jay-z is like the de facto ambassador for square at this point those photographs of jack and sean cotter walking on beaches in the hamptons and california, those are strategic. someone didn't get lucky and show up with a camera. so there's a lot going on beneath the surface at square. they're very smart and they've done a great job penetrating that audience and there is a lot of growth potential there. venmo, i thi

scott. may i have a second? please take roll. >> clerk: commissioner brackett is absent. [roll call vote] the vote is 4 ayes and 1 absent. >> chair bustos: sorry commissioner scott, i was looking at another page. all right, please call next item. >> clerk: next is 5c, confirming the issuance money tax bond of the california health and safety code to finance affordable housing obligations in an aggregate principle amount not to exceed $130,400,000. approving preliminary and final official statements a continuing disclosure certificate and other related documents and action. discussion and action resolution number 33-2021. >> thank you. as you heard, commission sees bond issuance action. on july 20th of this year you took action to approve the issuance of these bonds to fund affordable housing. since then, we've successfully completed a number of other approvals including the oversight board and the state department of finance. we now return to you for the final approval of the bond issuance.

doc, you there >> yes, i am, scott. thank you. >> you joined us on september 22nd you mentioned that day the significant amount of put buying in facebook that you had noticed t then have you changed your position since then to go along with the put buying you saw on september 22nd >> well, yes, scott. and i'm calling you from vegas because we just finished up our conference and if you want to gamble, facebook is a gamble at this point the reason, vegas is exactly right. there are 2.9 billion active users on the platform, but this isn't just the european union taking a look at them, scott this is somebody from the inside and just like you and steve said, i haven't seen the actual documents, but on the 22nd of september for a couple of days there, i reduced my position by over 200,000 shares and the reason i did that, scott, was that they were buying puts like there was no tomorrow and they continue to this day, right now, buying downside puts now some of those could be hedge, you know. they could just be protecting their

scott: good question.f the areas, housing construction, the parts of evergrande you were talking about before i came on, obviously there is a lot of uncertainty there and there were clearly be impact from those of sectors related to what is happening with the company. that said, we think the broader chinese economy remains solid as mentioned, and again, the levers will help the stock market as well. broadly, the index will be in an interesting place. manus: how brave are you on high-yield? we've got the evergrande effect on high-yield, it is blowing out. in the break you said this is for the active manager. how do you look at high-yield? how do i benchmark this relative to the rest of the world? scott: japan is about 650 wider on spread for the year. this is u.s. denominated bonds. u.s. corporate high-yield is about 20-30 tighter on the yield -- on the year. there's been a tremendous amount of underperformance. as we were talking before, i think stockpicking or in this case, bond picking, it will be an imp

not at all a done deal, scott. it is unclear if this framework will be enough to move the ball for progressives who want assurances that this broader package can pass before they vote for an infrastructure bill. progressives in the house are meeting this now in order to discuss this and the head of this caucus is calling this a loose framework and said that the president is taking a leap of faith in believing that two moderate senators joe manchin and krysten sinema did put out a statement saying she looks forward to getting this done and she didn't say she would vote for it and neither senator mafrn sxin he's been working in good faith and it is in the hands of the house. we'll see if nancy pelosi does call for the infrastructure vote today and if she holds progressives' feet to the fire and see ifthey can get that deal done for the president and right now progressives are holding the line saying they do not believe that this is strong enough for them to vote for the infrastructure bill imperilling the passage of

>> well, scott, this one's got a great name, venom.m it's actually viper energy bryn talkington mentioned this one and they have the june 24 calls and that's not much upside because the stocks are up $23 right now and they bought 5,000 of these and i love that it's out there in the future, scott, this is balken and it's a fracing play love that. second one, aer and they rent aircraft, and i think that's obviously a hot sector we've been talking about re-opening today that's a sector where people need those jets and they're going to pay the leasing company for them aer, november 62.50 calls and they bought a bunch of those quick update, scott. sofi, we talked about it several times and the sktock has gone up and up and up and the calls are up 400% and we cashed out over half of those and we're hoping for more upside going forward. >> up 2% for sofi. bryn's viper energy pick and when we did our mid-ier picks for names that we'll outperform in the second half and viper is up, and it's up 30% since then and it's a great pick and you're see

scott: i think it's very useful. these forces are coming much more than they did in the last 5, 10 years. the state of california, the brown administration into the newsom administration, providing significant resources to do work on private lands and federal bill wil add to that from the federal side. i hope we can develop a plan that is more action oriented versus maybe just a little more like we're going to plan better, plan something on the edges. that's not going to work. we've really got to do decisive change. we cannot continue to do what we've been doing with that for four or five decades. kristen: part of the reasons the fires are more devastating is because we're building more houses and moving people into forest areas. people in our urban environment -- i think this is a good time to bring it up. we've been covering the 1991 oakland hills firestorm, 30th anniversary. what actions were taken, do you think, to try to prevent another repeat? you think we have really made a dent that will make another such fir

scott, for someone like you, this is exciting. for science enthusiasts, they are thrilled to watch this. why should the average american care? >> well, i think when you fly flights like this, you know, with a celebrity or some other person that gets some extra attention, you just show the public how the accessibility of spaceflight is becoming more broad. hopefully, eventually, the cost will come down. i don't think these flights mean we're going to be jumping on a rocket like we jump on airplanes anytime soon, but it is a step in that direction. >> clayton, i want to ask you as we're looking at this, one of the things i'm particularly fascinated by is the size of the windows on the capsule. this is clearly designed so that people can enjoy the view, as short as three minutes can be in zero gravity. it must be extraordinary to see so much of something that, well, we're never able to see from down here. the organization and the way this capsule has been designed is clearly so that people can see as much as possible. >> reporter: --

ridley scott is happy . death. ridley scott is happy that his mom _ death.at his mom is going i death. ridley scott is happy that his mom is going to i death. ridley scott is happy that his mom is going to be| that his mom is going to be finally seen in cinemas, a sentiment widely shattered the london film festival. when many joint once again in the cinema going experience. we joint once again in the cinema going experience.— joint once again in the cinema going experience. we can't let that no going experience. we can't let that go away _ going experience. we can't let that go awayjust _ going experience. we can't let that go awayjust because i going experience. we can't let that go awayjust because we | that go awayjust because we have light forms of what i like to call towers of ether. you pull the plug and there bond. i think cinema is essential. we have to keep those rooms open as soon as we can get rid of... it is going to be awhile before can get rid of this terrible thing that is occurring but i think it will eventually go and cinema will definitely

>> hey, scott.& johnson, but i will talk about bristol-myers >> what do you mean you can't talk about it? >> i'm restricted in it. i'm restricted in it, can't talk about it >> that's why i asked you about bristol-myers. follow me, jimmy >> you said compare the two, scott. come on, i'm listening to you. >> i said why are you in bristol-myers instead of j&j i teed you up perfectly and you hit rewind >> i want my pharma exposure >> get with the program. >> calm down, josh you have time to speak, plenty of it. >> go ahead. >> bristol-myers is a cheap way to be in pharmaceuticals the democrats are not even remotely targeting pharmaceuticals the way they were a couple of months ago. that's the space i want to be in bristol-myers is my play >> thank you very much, farmer jim. unusual activity, doc. what do you got? >> let's kick it off with draftkings, scott, because the 5th of november expiration, 8,500 of the 52 calls go off, but a lower strike but those are the unusual activity apple, 46,000 of the 149

i'm scott wapner why one of our committee members is buying tech today you'll find out who and what we will also debate the state of your money and the markets joining me for the hour today, stephanie link, jim lean know that will and jon najarian, co-founder of masrket rebellion.com. we have a nice tick-up in stocks today. take a look at the dow, s&p, nasdaq, everything's positive u nasdaq's getting the biggest bounce from a percentage standpoint, almost 1.5% and a good bounce across the board and the ten-year yield at 1.53 we are watching shares of facebook and the tech check gang was just talking about pete, i just want to go to you on that note i asked your brother yesterday when he was on what you might be doing with your stock and your options? i understand that you bought more puts yesterday and that you're actually thinking about buying more stock? >> at some point i probably would, scott i think fundamentally the story is still there is it going to change and possibly some of what's going to change coming from washington, d.c. i think you could say yes, there will probably be

scott: it is very hard.now inherited the gene zero jones voice, so i will be doing voiceovers. [laughter] but it is really interesting. i didn't know this, but if you have had the vaccination, covid symptoms are not the same as if you didn't. so i had virtually no symptoms, but i just started getting very tired, so i finally decided to have a covid test. i found out i had it. from that time on, i have been suffering with almost a chronic fatigue syndrome. it is getting better slowly, but all most everybody i have discovered that gets this in a vaccinated state ends up with this long period of fatigue. in the worst case, it can last for a year. i think i can do it better than that, but thank you for asking. caroline: thank you for bringing your resources, your energy, when i'm sure it is particularly hard at the moment. we are at a time when covid is still overreaching our economy. people are still suffering such as yourself, and we are living in this remarkable situation where valuations are extraordinarily

>> earlier, scott and i watched men come and go from the upper units.ed like possible drug deals were taking place here. now four hours later, the cops are finally clearing the property. >> answer the door. >> come out, come out, come out! >> someone's in there. >> hands up. >> oh, my god. there's a kid. two kids. a woman and two young children emerge from the apartment. after seeing men going in and out of that place, i was not expecting to see the cops bring out two little kids. i was not expecting that. the cops escort the family to the squad car to continue their interview. so those kids were living in there, no electricity. was there running water in there? >> not that i know of. absolute cesspool. >> so the mother and two kids were just put in the squad car. none of them had any shoes on. after the family has been removed, scott and i are cleared to check out the apartment for ourselves. so there's no furniture in here. no electricity, obviously. like where do the kids even sleep? oh, my god. just clothes strewn everywhere. a few little toys. so c

this is big institutional buying, scott.'m not just following a wall street bets trade, for instance, i'm not slamming them, i'm just saying this isn't those size trades these are big trades the likes of baidu and billy and all of these chinese stocks they were just waiting basically for the ccp to stop hammering these names. if they have indeed stopped, then these stocks could see dramatic upside. we've been buying them for about the last week or ten days. >> we'll see decent move lately we'll see if it's longlasting. staff with the "half." unusual acvi inetitys xt you have the best pizza in town and the worst wait times. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire what the world needs now... is people. people who see healthcare a little bit differently. where technology helps doctors provide more precise care... leading to faster, better outcomes and puts improved health in all of our hands. because seeing a

it's interesting, scott.s still a great company and they've done a lot of things right, but they just haven't been able to get people excited about the stock and that's something to work on >> that defines a great company. drinks are good. >> all right, pete thank you. the committee is ready to ask your questions next in ask halftime the at work summit returns tomorrow with a packed lineup of influ influ earn voices, register now at cnbc.com/worksummit cnbc is back right after this. i promise - as an independent advisor - to put the financial well-being of you and your family first. i promise to serve, not sell. i promise our relationship will be one of partnership and trust. i am a fiduciary, not just some of the time, but all of the time. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com (vo) at t-mobile for business, unconventional thinking means we see things differently

i'm scott wapner front and center this hour, the continued rally in stocks. s&p pacing for its best month in almost a year how long can the run last? we'll ask another group of all-star investors today the investment committee is with me as well let's first take a look at the markets and the major averages headed for a third straight week of gain, today losing across the board and the nasdaq the biggest loser now down by more than 1% we keep our eye on yields always the ten-year note yield touching 170 earlier and it's dipped down to 164, but we do keep our eye closely there. our first headliner today is one of the world's best ever investors. the fact is when david tepper speaks, markets listen let's welcome in the founder of apple management david, welcome back. thanks so much for being with us >> how are you doing >> i'm good. i'm good it's great to have you especially at a time when stocks are basically hanging around record highs and the ten-year, the yield has been tick up i said it's dropped 170 earlier and do you like the equity market here? >> like i

scott. absolutely you mentioned at the top at microsoft revenue growth is 22% growth year over year. azure business is up 50% year over year. the numbers were explosive as they've been over the last couple of quarters and joe makes a great point. tech, when i think about pricing power, tech is inherently deflationary, and supply chain issues and big mega-cap tech is virtually immune to these pieces we like the name and it's been another good print and one of many in quarters to come >> jenny and then there's jenny. jenny doesn't own microsoft and she prefers facebook on a valuation basis. i'll give you the fact that facebook's cheaper than microsoft right now, but is that the only thing that you look at when deciding between these two businesses >> no. not at all in fact you know the reason is much bigger than that. facebook, because of those five faangs, it had when we started investing there it had the largest, most sustainable earnings growth coupled with a really strong story that would

the story that scott has told very effectively, i scott has told very effectively, that 500 — scott has. and that is people _ delivered, that its people. and that is people who — delivered, that its people. and that is people who are _ delivered, that its people. and that is people who are either— delivered, that its people. and that is people who are either waiting - is people who are either waiting within— is people who are either waiting within hospital— is people who are either waiting within hospital to— is people who are either waiting within hospital to be _ is people who are either waiting i within hospital to be discharged, is people who are either waiting . within hospital to be discharged, or it is families — within hospital to be discharged, or it is families within _ within hospital to be discharged, or it is families within communities i it is families within communities and people — it is families within communities and people within _ it is families within communities and people within the _ it is families within communitiesl and people within the community it is familie

scott said he thought u.s. stocks could rise 20% in the next, what, year >> give it a year. >> i don't think i have heard you this bullish on equities >> you know, covid has strange effects on you look, if rates aren't going to go much higher than i think, if there is a fed put, a powell put, which i believe there is, that is we're not going to let things get too crazy in credit, we're going to hold things in, even if we are tapering, we will do whatever is necessary at the end of the day, a valuation of 5,000 on the s&p isn't crazy. so, you know, bull markets don't die of old age, right. they die of restrictive monetary policy, and we're a fair distance away from that 2% number i just talked about in terms of time. >> is it also just because there's -- there's no alternative? i mean bonds are going to give nothing. >> i just got off a panel, and that was basically the theme you know, investors need something to give them a positive return. competing at a zero, you know, with cash at zero, you know, you have in

senator tim scott.people by large numbers are upset about what is going on in the border. they have killer drugs coming across, killers coming across, we don't know what is coming across. the president has an obligation under constitution to enforce the immigration laws. of which there are many. i just never seen anything like this before. what do you make of this? >> well, this is unprecedented. it makes your stomach turn. it makes you nauseous, we're the city on the hill, the bright shining light for the world to see. if we can't control our borders, no one else can. here is the truth, we had a president under president trump that wanted to secure our border, i supported and voted for more resources to build a wall so you could control the influence of your country, the fact that remain in mexico policy saw the border crossings plummet. buunder the biden administration, this is a biden made disaster, not just immigration, from my perspective, i hope you agree, this is first a national security crisis.

scott. may i have a second? please take roll. >> clerk: commissioner brackett is absent. [roll call vote] the vote is 4 ayes and 1 absent. >> chair bustos: sorry commissioner scott, i was looking at another page. all right, please call next item. >> clerk: next is 5c, confirming the issuance money tax bond of the california health and safety code to finance affordable housing obligations in an aggregate principle amount not to exceed $130,400,000. approving preliminary and final official statements a continuing disclosure certificate and other related documents and action. discussion and action resolution number 33-2021. >> thank you. as you heard, commission sees bond issuance action. on july 20th of this year you took action to approve the issuance of these bonds to fund affordable housing. since then, we've successfully completed a number of other approvals including the oversight board and the state department of finance. we now return to you for the final approval of the bond issuance.

i don't think you are either, scott. i'm not calling you out.y point is the fed will be buying bonds and putting cash into the financial system for at least the next nine months there are far more tailwinds than there are headwinds and the hand wringing we've been doing for the last six, eight weeks is there a correction unfolding or not is not something they ever pay attention to i'm a long-term investor, and i love what i'm seeing from the cyclicals right now as delta has peaked it has peaked and the numbers clearly show it. people are getting out and that means they're enjoying services and they're traveling. it also means they're getting back to work in the ports and the semiconductor plants all of this is incredibly positive for the stock market. >> it's not unlike, shannon, like everything you see everywhere i pulled up microsoft to see what's going on there. the stock is only four bucks off of the 52-week high. 301. i pulled up apple, remember, it dipped below 140 143.30 trying to move back closer too its 52-week high as those earnings ap

are you willing to talk -- >> senator and scott and i are friends.i look at ot republicans, that we're going to find a way to keep working on this issue. we came to a stalemate. where we couldn't embody donald trump's e.o. in legislation, and that is problematic for me. this will continue to be an urgency in my life. and a person who has significant reform in the criminal justice space, i'm going to continue to work on this. police officers and conservative think tanks, all are calling for change. i believe we're going to get this done. >> brennan: senator booker, thank you for your time. >> thank you very much. >> brennan: you can watch our full interview with senator booker on our website. we'll be back in a moment. when you humble yourself under the mighty hand of god, in due time he will exalt you. hi, i'm joel osteen. i'm excited about being with you every week. i hope you'll tune in. you'll be inspired, you'll be encouraged. i'm looking forward to seeing you right here. you are fully loaded and completely equipped for designed for you. >> brenn

>> you know, i think they could, scott. let's be honest.look at that stock and see what the 52-week high all-time high is and it was 345 and it's not that far away from there. could it stall and could it pause for a little while and when i look at the valuation it's very fair and trading at a 22 p-e and they have the digital side of sales as well and supply chain can be an issue and we all know that and that could be a factor that plays in and yeah, it could stall for a little while. while i weight i'll continue to get my selling of calls and i'll be happy because i like what the company represents and it's got growth and it might be stalled because of supply chain issues, but that is not their problem. once they start to get fixed this is a company that can rock and roll to the upside >> upgraded overweight from neutral. j.p. morgan, they take the price to 247 another investment club letter out from cramer says it could be a big call because owning it has been a nightmare bought it bad and didn't count on such awful supply chain issues and

paul: you know, scott, this is mind blowing to me.hought, was intended to do. it was the set up to counter infectious diseases. an epidemic, a pandemic. it was supposed to be able to counter that. it has, what, 20 the ,000, 21,000 employees? was this a mistake of design or basically bureaucratic inertia? you mentioned logistics but, come on, i mean, this is what with our bureaucracy is supposed to be good at. what failed here? >> well, i think there was that perception that cdc was an organization that could respond to epidemics and if it could respond on the small scale, not something of this magnitude. there wasn't a recognition amongst policymakers that the cdc didn't have the capacity to take on this mission, and cdc didn't exactly raise their hands and say, hey, guys, we don't have this. over time the prevention aspects have grown to focus on smoking cessation, heart disease prevention, and the disease control aspect of the organization and the more national security-focused aspects of what they do have been subordinated. i think

>> yeah, scott the probabilities are definitely creeping up.ngs are happening one is that we're getting closer in time to those times when it was already priced in. the other thing is that the market is moving forward the probability of near-term rate hikes, if you take a look at our chart here, about a 62% of a september 2022 quarter-point hike ratcheting up to 84% by december, just a couple of months ago the odds-on choice for the market was december so it's come forward by a few months about a quarter, and there was some probability of a second rate hike being built into the december contracts of a 50-basis point move by that time and this is happening along with the rise in the two-year yield and if you can take a look, scott. the two-year has been very well behaved with the post financial prices period and it was above 50 basis points and most of that time, and it is now just creeping up at 36 basis point and the fed has had the two-year well under control and now the market with tapering, is both to come in that rate hike some time next y

reporting on it, scott bir can i, ceo, thank you, scott, for joining us this morning.rview with transportation secretary pete buttigieg, joining us to talk infrastructure, so much more and paul tudor jones, the interview you do not want to miss. stay tuned "squawk box" returns after this. throwing things at me? look, as cfo it's my job to be ready for whatever's next. that's why i have my finance team, randomly hurl things at me. it's also why we use workday. it gives us insights, so we quickly pivot our strategy, people, planning, you name it. sorry, sir. i will aim straight at your next step. see that you do. would you like some coffee? workday. the finance, hr, and planning system for a changing world. ♪ (vo) this is more than glass and steel... for aand stone.world. it's awe. beauty. the measure of progress. it's where people meet people. where cultures and bonds are made between us. where we create things together. open each other's minds. raise each other's ambitions. and do together, what we can't do apart. this is space for dreams. loopnet. the most popular pla

ok, simon, scott, whatever. by the way, n p r national public radio only gets 2 percent of their funding from government grants so far. more comes from rich and corporate donors, so n b r is indeed a corporate daddy. basically they've sold the public part of their name to chevron scott simon ag. like he can't report on that story because it hasn't been verified . then how the was it verified by yahoo news, the guardian, the great don't the independent, the intercept consortium, new role and style demarcus laid out a, b i. i to be a better all the gardens. it's verified. scotty, is that verified? but on top of that, whoever said and be our only report vera like say taco bell only served held food just like a meet at taco bell. the new that envy our squirts out of a mystery gun and out of you looking the same as you did when it went in. and p. r . reports every variety of vague, all day long, such as the widely laughed, dead, fake news that russia offered boundaries to taliban to kill us troops or about the comple

please welcome scott wiener. [ cheers and applause ♪ >> jimmy: welcome to the show, thank you, scottwhatev >> jimmy: i wasn't doing that - >> tariq: okay, okay >> jimmy: i didn't do this after i saw scott. just quick little fist bump that's all >> tariq: yep. >> jimmy: thanks for being here i appreciate you coming to the show i love your videos, your work. and i also love your book. you have the world's largest collection of pizza boxes. >> i do, it's true >> jimmy: when did it start? recently or no >> no, man like 12 years ago i started collecting pizza boxes and noticed that they're not all the same and you know, they're pieces of art, you know. when they have a pizza in them, pizza box, when flipped vertical, art. >> tariq: art. i agree, scott that's awesome >> thank you [ laughter ] >> jimmy: it's now time to try pizza number one numero uno >> all right, lets see what's going on oh, interesting. there's spaghetti on this. [ laughter ] that's not a mistake this is actually - >> jimmy: that's a good question >> all right, all right. i love pepperoncini. so i'm excited about this. t

ranking member scott and i have a lot of competition there. the spending on business travel in 2019 was over 334 billion dollars. i don't need statistics. senator sullivan would help address this problem by creating an assistant secretary position within the department of commerce that would be focused on bolstering america's travel and tourism industry and coordinating strategies across multiple federal agencies. ms. neufang, would you talk about the impact creating this assistant secretary position could have on travel and particularly business convention travel? we need that reliability. they keep the hotels open during the week for leisure travelers. ms. neufang? >> thank you, senator rosen. the matter is we very much support that. when it becomes more important than our messaging across the board be consistent and travelers need the one stop shop for messaging in order to understand and how borders are open. the creation of that position will allow cross agency and cross industry and other collaboration to ensure travelers have the inform

senator scott? >> thank you. mr. bidwell, i was surprised to hear how big the number is as far as infrastructure needs our airport industry has. you know, i guess there are different ways to pay for it. we can either have the user pay for it, the flying public, our consumers, the local community which gets the benefit out of a robust airport system or we could have the federal taxpayers pay for it that would allocate among users and nonusers. what would you recommend the best way to fund infrastructure for our airports? >> senator, thank you very much for the question. one of the things we have been very supportive of as a potential solution to this challenging issue of the need for funding to support infrastructure projects at airports is to modernize the passenger security fee. these are fees collected locally by users of the system and they are also used locally to invest in these types of infrastructure projects that benefit travelers at those local airports. whether it is expanding security check points or doing

so, the 25th anniversary we will be at scott's pavilion in jacqueline square, we will have a wonderfuljazz band and you will get to view the videos, some young people who grew up in the organization, mindful drumming, and we will also have young people and you get to see some of the things that they've been doing, were gonna have shout outs from many friends who can't come like marianne williamson, so, matthew fox, were going to do some shout outs from him and were also asking jerry brown because he acknowledged good works we are doing and it's time to celebrate, 25 years is a long time to spend creating avenues where young people can learn . >> with the schools in the city . yes, all of those things . >> and the fact that were looking at bringing people together. our focus is collective impact, that no one person or one person, or religion to really solve the problem that we have in our world, it's gonna take all of us coming together and having a collective impact. if we could just learn i am because we are and we can learn that we are all working together at all times, and that's re

i'm scott wapner front and center this hour, the one question that matters most for your money are wesed for a big end of year rally we're all thinking about it. we'll ask several of the world's top investors that very day today. ricky sandler, keith meister, nancy davis and mario gabelli, all joining us exclusively this hour along, of course, with the investment committee let's begin with the check on stocks right around record highs. 35494 is where the dow is. a loss of a third of one percent and the nasdaq is positive today. we always check yields on the ten-year and we're at 166 so we're creeping up a bit on yields this week let's welcome our first headliner of the day and he is ricky sandler, the ceo and cio of eminence capital. welcome back it's good to see you again >> good to see you, too, scott i can't see you. >> i can see you i hope you can hear me. >> i can hear you. >> hopefully we'll get to figure this out you were last with us in march, okay >> yeah. >> you told us then you weren't as bullish as you were the prior year you said clearly some parts of the market are exten

covering this is our business and tech reporter scott budman. you have been covering musk for a long time. are you surprised by this? he all but said they were moving the headquarters to austin last may when he was upset and filed the lawsuit when they closed down the factory for a couple of days over covid. >> right. he has been very upset with california, very upset specifically with the bay area. he himself moved his own private residence to texas. this is a move to save a lot of tax money for both himself and for his company. you are right, as he said, it doesn't necessarily affect the employees. they can stay here and be tesla employees if they want. in fact, he will hire more people here in california. but as far as the bottom line and the taxes that will be collected or not collected, they won't be collected in texas and fewer collected here as a company in california. >> how much of a harbinger is this that we have seen so many companies and now you add tesla to the mix moving to austin. austin is getting tech crowded. >> it is. austin h