i really am very excited about that >> vinnie viola, it was a wonderful afternoon.lking about his life we're goung to talk about the thought leaders in the space involving trading globally >> thank you, bob. >>> that does it for exchange. i'll join tyler for "power lunch" next. >>> welcome. we begin with breaking news this hour and for it we go to washington >> the federal reserve said that economic activity was modest in the spring and that's a little bit better than the preceding period almost all 12 fed districts experienced at least some growth with a few districts reporting moderate gains only one district, st. louis, said that economic activity was unchanged. nationally employment was about the same as last time. most districts reporting modest to moderate job growth the tight labor market was a constraint wage pressure and improved benefits improved across a range of occupations the fed said prices rose at a modest pacd

that announcement, vinnie viola, that plan "b" seemed to be going well until this part of that nominee's track record was released by the local police department in saratoga springs, new york. a police incident report about the new trump army secretary nominee punching a guy out at a high-end horse auction in saratoga springs. it wasn't like a youthful indiscretion from his sealed juvenile record or something. the punching the guy out at the horse auction which led to the police report and all that, that was all less than six months before trump announced him as his plan "b" nominee to be secretary of the army. i guess they didn't google him. so that was weird, but their plan "b" for army secretary didn't work out either. that meant it was time for plan "c" for an army secretary. you might remember that as the brief interregnum where the president's nominee to be army secretary was yet another guy who didn't end up in the job. it turns out he couldn't get the support of trump's newly appointed defense secretary at the time. this is when jim mattis was defense secretary. secretary mattis

now i'm going to be here all day and another great legend, vinnie viola, the founder of virtu financial will be with us in the next hour. he'll reminisce as well but we'll be talking about the trading situation with him as well scotty, back to you. >> you may have a debate on your hands, bob, over high frequency trading and what mr. viola thinks about it, whether it's good or bad for the markets. i bet you he has some opinions on that. >> very different opinions >> i'm sitting next to him at lunch. >> good. >> that will be interesting lunch. maybe we should get a camera in there. sir, thanks. that's bob pisani with the iconic thomas peterffy here's what else is coming up on "the halftime report". >> announcer: next, the analyst who says the 142% one-year run for this stock is far from the end of the story the call of the day is next. plus, the najarians will show us where they just found unusual activity in the options markets. before the break, our data partners at kensho on what happens after the dow falls six weeks in a row that's happened seven times since 1990 when it does, three w