RUSH TRANSCRIPT Welcome to ░░░░░░░░ today live from New ░░░░░░░░ I m Michelle flurry ░░░░░░░░ are taking a little ░░░░░░░░ of a breather The ░░░░░░░░ open entire but of ░░░░░░░░ that comes after a ░░░░░░░░ rally this week fueled ░░░░░░░░ that 90 day truce ░░░░░░░░ the U s China ░░░░░░░░ war there is some ░░░░░░░░ that global trade tensions ░░░░░░░░ easing Investors are piling ░░░░░░░░ into a I and ░░░░░░░░ is talk of a ░░░░░░░░ fed rate cut which ░░░░░░░░ giving markets something to ░░░░░░░░ about what we can ░░░░░░░░ get more from this ░░░░░░░░ with Michael lands landsberg ░░░░░░░░ investment officer landsberg reddit ░░░░░░░░ wealth management Wait to ░░░░░░░░ it this morning Look ░░░░░░░░ ve got this positive ░░░░░░░░ to the day but ░░░░░░░░ wanted to focus really ░░░░░░░░ the and pay five ░░░░░░░░ made up of the ░░░░░░░░ hundred largest companies It ░░░░░░░░ recovered all of it ░░░░░░░░ losses for the year ░░░░░░░░ remarkable comeback when you ░░░░░░░░ it was down 17 ░░░░░░░░ at one point what ░░░░░░░░ you What are your ░░░░░░░░ on this I think ░░░░░░░░ happen in which exchange ░░░░░░░░ we ve gotten arena ░░░░░░░░ with reprieve and the ░░░░░░░░ policy because you re ░░░░░░░░ that lose there s ░░░░░░░░ be five in earnings ░░░░░░░░ percent of been reported ░░░░░░░░ 11 percent year over ░░░░░░░░ the next over 20 ░░░░░░░░ you rear so which ░░░░░░░░ kind of the urban ░░░░░░░░ of the room With ░░░░░░░░ of talk people forgot ░░░░░░░░ earnings marines were strong ░░░░░░░░ think We can be ░░░░░░░░ over reaction in hebrew ░░░░░░░░ day I think people ░░░░░░░░ earnings pretty good here ░░░░░░░░ now ready to come ░░░░░░░░ in and we may ░░░░░░░░ be a bit over ░░░░░░░░ one year but the ░░░░░░░░ was I think we ░░░░░░░░ down too much now ░░░░░░░░ rally back On Tuesday ░░░░░░░░ had that inflation data ░░░░░░░░ do you think that ░░░░░░░░ the Fed Was it ░░░░░░░░ to sit back and ░░░░░░░░ for more data to ░░░░░░░░ rates And I m ░░░░░░░░ is I m going ░░░░░░░░ be critical of the ░░░░░░░░ think they ve been ░░░░░░░░ on a lot of ░░░░░░░░ wrong direction We on ░░░░░░░░ two or three times ░░░░░░░░ three years so that ░░░░░░░░ issue that we see ░░░░░░░░ it makes sense for ░░░░░░░░ to get more jobs ░░░░░░░░ There are inflation Was ░░░░░░░░ four year low see ░░░░░░░░ EPA the other day ░░░░░░░░ s positive Jobs are ░░░░░░░░ very strong as well ░░░░░░░░ there isn t really ░░░░░░░░ reason for them to ░░░░░░░░ active at this point ░░░░░░░░ the dad a play ░░░░░░░░ a obviously they re ░░░░░░░░ to have to deal ░░░░░░░░ some pressure from the ░░░░░░░░ because he wants lower ░░░░░░░░ But I think at ░░░░░░░░ point it s too ░░░░░░░░ for the Fed to ░░░░░░░░ independence way for some ░░░░░░░░ data and obvious you ░░░░░░░░ the stock market rally ░░░░░░░░ could get up this ░░░░░░░░ now and after two ░░░░░░░░ years I don t ░░░░░░░░ we really need a ░░░░░░░░ of culture Positive marks ░░░░░░░░ the Fed we talked ░░░░░░░░ lot about terrorists but ░░░░░░░░ about taxes and other ░░░░░░░░ out of Trump s ░░░░░░░░ with Republicans working right ░░░░░░░░ A tax bill is ░░░░░░░░ something investors a paying ░░░░░░░░ to I m with ░░░░░░░░ whole lot I think ░░░░░░░░ presumption is it we ░░░░░░░░ it will get past ░░░░░░░░ seventy five 80 percent ░░░░░░░░ no problem using I ░░░░░░░░ at is This is ░░░░░░░░ a lot of times ░░░░░░░░ of the Trump tax ░░░░░░░░ from before So we ░░░░░░░░ have a lot of ░░░░░░░░ rates in there So ░░░░░░░░ we didn t get ░░░░░░░░ I think that would ░░░░░░░░ negative for the market ░░░░░░░░ the fact that they ░░░░░░░░ already in there I ░░░░░░░░ is actually going to ░░░░░░░░ wanted Things will be ░░░░░░░░ us a positive that ░░░░░░░░ get something done It ░░░░░░░░ t be as big ░░░░░░░░ positive r c deregulation ░░░░░░░░ that may occur later ░░░░░░░░ the year That s ░░░░░░░░ think to be more ░░░░░░░░ an impetus for the ░░░░░░░░ to go higher is ░░░░░░░░ will drive and I ░░░░░░░░ a lot of people ░░░░░░░░ them to tax cut ░░░░░░░░ get past biscuit extension ░░░░░░░░ what we ve had ░░░░░░░░ I think that s ░░░░░░░░ as usual If it ░░░░░░░░ t that s gonna ░░░░░░░░ the market but if ░░░░░░░░ does it ll be ░░░░░░░░ kind of a small ░░░░░░░░ clap If you for ░░░░░░░░ mark briefly the I ░░░░░░░░ is that back on ░░░░░░░░ is obviously we saw ░░░░░░░░ some data yesterday obviously ░░░░░░░░ out riad with some ░░░░░░░░ pauses for on for ░░░░░░░░ of the chipmakers I ░░░░░░░░ we should have taught ░░░░░░░░ lost jobs for weeks ░░░░░░░░ too many people have ░░░░░░░░ much of a concentrated ░░░░░░░░ in the I trade ░░░░░░░░ need to diversify So ░░░░░░░░ of the market was ░░░░░░░░ by seven eight nine ░░░░░░░░ and last couple years ░░░░░░░░ stocks have been hammered ░░░░░░░░ in last five or ░░░░░░░░ weeks to diversification still ░░░░░░░░ We think a I ░░░░░░░░ continues to do well ░░░░░░░░ you need to diversify ░░░░░░░░ from having fifty sixty ░░░░░░░░ of your money and ░░░░░░░░ couple names That s ░░░░░░░░ smart investing more gambling ░░░░░░░░ I think the I ░░░░░░░░ continues to do well ░░░░░░░░ ll see what happens ░░░░░░░░ video reports a later ░░░░░░░░ month kids rotten Robbie ░░░░░░░░ of the trading up ░░░░░░░░ hype but we expect ░░░░░░░░ to continue to do ░░░░░░░░ but again diversifications key ░░░░░░░░ people aren t learn ░░░░░░░░ before April Second I ░░░░░░░░ they should learn that ░░░░░░░░ Michael lands by we ░░░░░░░░ a lot of grant ░░░░░░░░ you very much My ░░░░░░░░