RUSH TRANSCRIPT Raises interest ░░░░░░░░ one more time this ░░░░░░░░ We re bringing in ░░░░░░░░ teddy weisberg and euro ░░░░░░░░ s Peter Schiff Teddy ░░░░░░░░ entire week s equity ░░░░░░░░ have been propelled by ░░░░░░░░ data not too hot ░░░░░░░░ too cold But let ░░░░░░░░ not forget that 99 ░░░░░░░░ the S P companies ░░░░░░░░ now reported quarterly numbers ░░░░░░░░ 9 beat on earnings ░░░░░░░░ and 633 have beat ░░░░░░░░ 63 have beat on ░░░░░░░░ Are the stocks and ░░░░░░░░ is the most important ░░░░░░░░ are the stocks that ░░░░░░░░ the double beats the ░░░░░░░░ to buy now as ░░░░░░░░ head deeper into the ░░░░░░░░ half of the year ░░░░░░░░ I quite frankly think ░░░░░░░░ s a trifecta when ░░░░░░░░ comes to earnings Liz ░░░░░░░░ is the top line ░░░░░░░░ is the bottom line ░░░░░░░░ I think most important ░░░░░░░░ the guidance going forward ░░░░░░░░ you know you can ░░░░░░░░ of miss or get ░░░░░░░░ on the first two ░░░░░░░░ if you get it ░░░░░░░░ guidance right if the ░░░░░░░░ come through with positive ░░░░░░░░ that s really the ░░░░░░░░ I think to drive ░░░░░░░░ forward And in the ░░░░░░░░ picture sense the question ░░░░░░░░ all of us is ░░░░░░░░ is going to be ░░░░░░░░ catalyst now that earnings ░░░░░░░░ behind us for the ░░░░░░░░ couple of months ahead ░░░░░░░░ we get into third ░░░░░░░░ earnings And this becomes ░░░░░░░░ very difficult period for ░░░░░░░░ stocks usually following or ░░░░░░░░ periods And the question ░░░░░░░░ what will that catalyst ░░░░░░░░ and my sense is ░░░░░░░░ we really don t ░░░░░░░░ because all the unknowns ░░░░░░░░ all the problems are ░░░░░░░░ there the prospect of ░░░░░░░░ rates inflation so forth ░░░░░░░░ so on None of ░░░░░░░░ issues have been resolved ░░░░░░░░ unknowns are still there ░░░░░░░░ so what s going ░░░░░░░░ basically drive the the ░░░░░░░░ into the next two ░░░░░░░░ three months as we ░░░░░░░░ boot fall do if ░░░░░░░░ guess is as good ░░░░░░░░ mine because quite frankly ░░░░░░░░ don t see it ░░░░░░░░ don t see anything ░░░░░░░░ there to hang a ░░░░░░░░ on But the good ░░░░░░░░ is that the market ░░░░░░░░ spite of all these ░░░░░░░░ sort of hangs in ░░░░░░░░ was a tough month ░░░░░░░░ had a good first ░░░░░░░░ months thanks to a ░░░░░░░░ tech stocks July was ░░░░░░░░ good month the markets ░░░░░░░░ out August we gave ░░░░░░░░ little back Liz yeah ░░░░░░░░ the real question is ░░░░░░░░ do we go from ░░░░░░░░ Liz to that end ░░░░░░░░ if you look at ░░░░░░░░ data since Monday whether ░░░░░░░░ was the jolts cooler ░░░░░░░░ expected that juiced the ░░░░░░░░ because people thought oh ░░░░░░░░ the Fed will stop ░░░░░░░░ soon right And then ░░░░░░░░ ve got GDP for ░░░░░░░░ second quarter it was ░░░░░░░░ second print that came ░░░░░░░░ a little bit cooler ░░░░░░░░ the pce inflation number ░░░░░░░░ in line at least ░░░░░░░░ why wouldn t it ░░░░░░░░ a soft landing and ░░░░░░░░ not let believe that ░░░░░░░░ are off and running ░░░░░░░░ the markets are