yields. they're going to try and sell some debt tuesday and thursday. could be a bit tough at 6%, as you can see. >> julia, great to have you here this week. >> it's been a great week. >> good trip home. >> thanks everybody for watching. that will do it for "power lunch." >> "street signs" begins right now. and welcome to "street signs." i'm brian sullivan. and we are ending the week weak. stocks down. profit drop at jpmorgan and china data spooks investors. but history says next week could be a good one. we are going to show you why. is slowing growth in china cause for you to be concerned? our china guest we've got says a hard landing not likely. he'll tell you why. plus, can walmart save rimm, yeah, you heard us. and why beans, beans may be your best investment bet right now. kelly. >> all right. brian, thanks. just two hours left in the trading week. let's see where we stand with today's losses we're once again on track for the worst week of

2012. all three major averages and all three indexes on track for their second consecutive weekly losses. dow and s&p both down for the sixth time in eight sessions. with the month about halfway through, the dow and s&p are looking at worst monthly drops since september. same story in the nasdaq. apple surprisingly down more than the market. and with that the s&p tech sector will snap a 14-week winning streak. that's a record. want to get to bob in a second. first to rick. rick, before you hit on markets, we're hearing there's an organized walkout by floor traders earlier today. apparently they're angry about a big block trade that was done. can you give us any details? >> well, what it boils down to is a block trade is a trade where clients need special care. they want a very large amount of contracts done, they want it done at one price and they want it done basically in its entirety. and the process by which the exchange allows that to occur had issues that floor traders wanted to address. they want to be able to compete for those orders. and they don't want to be

impaired by those orders or mauled over by them either. and i think both sides have issues. and they're going to probably work it out. all the traders are back in the pit. but it is a big story. and we all know why. times are a bit tougher out there. and everybody's trying to earn their living. and i think that these large orders look as though there may be some competitive issues, but it looks to me like they're going to be addressed by both sides. >> all right. rick, thanks. bob, what are you seeing? >> better than two-to-one declining to advancing stocks. volume heavy on tuesday, kelly, but it's been down ever since then. the good news today is we hit our bottom exactly as europe bottomed. that's happened in the past but not so much recently. we've now come off of those lows. look at the major sectors, financials have been weak, bank of america and wells fargo excellent numbers. concerns about exposures to the mortgages particularly with jpmorgan and wells fargo, heavy exposure. financials are the weakest group here. overall there are some winners today. if you look at retail sector, these guys this home improvement

companies, every one of them new highs. home depot and lowe's and sherwin williams. new highs. and off price discounters, tjx and ross stores also sitting right near new highs. very small groups in the market that are moving forward. kelly. >> all right. bob, thank you so much. this week hasn't been great. but history suggests next week could be a little bit better. take a look at this. all the way back to 1957 and looked at seasonal trends. these are the average moves for each of the 13 weeks of this quarter. and going back to the eisenhower era, the third week of april historically is the best week of the second quarter. why? perhaps buyers come in after they get their taxes filed. perhaps it's a spring fling. who knows, but history says next week is tops of the 13. >> reason to be optimistic heading into next week. but we've also got reason to be concerned because you've got, as "power lunch" talked about, a spanish bond auction. let's get back to this week. really we've been defined by renewed fears around europe. particularly spain. and of course the china stuff.

let's focus on europe. major u.s. companies have about 20% to 30% exposure to the eurozone, but abandon eurosis for a moment. our next guest says america may ride to the rescue. joining us from london, principle of presid yum partners. we have a big week next week with spain. obviously italy was okay this week with some of their auctions. but we look at the swaps. they are the widest they've ever been on spanish debt. how concerned are you about spain? are you there? >> i am. sorry. i had another voice in my ear. >> i have voices in my head all the time. do not apologize. my question to you is about spain. big bond auction next week. swaps are widening. how worried are you? >> actually, i'm not worried in the least. i'll tell you why. first of all, the reason that the swaps are widening is partly a reflection of strength. strength in the german economy which is by far the most largest

and strongest economy in the eu. let's put it all into context. the italian bond auction went away fine this week. the german bond auction went away fine. and spain's auction went away fine. and yields only around 6%. if they stayed at 6%, then by 2016 their debt-to-gdp ratio in spain at these higher yields would still be lower than what america's debt-to-gdp ratio is today. >> okay. let me follow-up with this. what yield, let's call it a 10-year spanish bond, would concern you? what is that magic number of possible lack of funding that you would be worried about alpesh. >> the figure relates not so much to the yield but what would tip them over 90% debt-to-gdp. the reason 90% debt-to-gdp is the magic figure is because that's the figure at which economists say it starts hurting the spanish economy. at the moment spain's debt-to-gdp last year was 67%.

a mere 67%. in fact, the whole eu is lower as a debt-to-gdp ratio than the united states. so what yields would knock them over 90%? it's not going to be the yields which are going to be the problem. they'll probably hover around these kind of levels. what it would be is if all spanish banks wrote off 50% of the real estate valuations that they have on their books and you had to capitalize the banks to that equivalent, which is about 88 billion euros or 8% of spanish gdp. that would then knock them over the 90% debt-to-gdp ratio. it's the writeoff on real estate valuations. spanish banks aren't stupid. they're not going to mark to market on real estate valuations. they'll carry it forward. what matters is credibility. >> spain hasn't had the option of devaluing its currency beyond what it can do within the euro. that's forced internal devaluation. wouldn't it have been better from the get go if countries like spain could have cut wages significantly to prevent some unemployment? >> there's a lot of things which

could have, would have, should have. actually, they still have the option for as you say internal devaluation, which means wage cuts. the problem in spain has been that if you take 2005 as a base year, then germany has actually seen wage cuts of 5% across the board, which is why germans are competitive in exporting their way out of their problems at the moment whereas in spain salaries are still the same. instead, you've seen 23% overall unemployment in spain because they've made people redundant instead of just easing off some of those salaries. if they cut wages by 4% to 5%, you'll see less social unrest. and you'll see greater employment. that's what the government needs to get the message out to employers. don't make people redundant. just ease back on their salaries instead so everybody stays in employment, continue paying tax and you don't get the shock of unemployment and the social unrest. >> great context. let's bottom line it and help our viewers make money.

how do you trade what's going on in europe? >> well, there's a country in europe we haven't mentioned at the moment, the one i'm speaking from is the united kingdom. 66% upward revisions of corporate forecasts, earnings forecasts over the last quarter. that's far better than any other eu country. in other words, we're lagging behind in terms of actual earnings and what's forecast. so there's some money to be made in uk companies, not least because the ftse is trading at an earnings multiple of only 12. the other one of course is your own economy. the united states. you're seeing growth fueled by increasing debt further down the line. we'll worry about that in three to four years. for the moment you've got gdp growth, which means those corporate earnings due to the fact that you've got wage flexibility, which is causing earnings and profitability to bump up because you're not paying the kind of salaries you normally would under normal economic circumstances means that those u.s. stocks are also good purchases. >> alpesh, have a great weekend.

thank you for joining us. i know it's late there. appreciate it. >> thank you. >> meanwhile we look at bank earnings. jpmorgan kicked off their earnings season with a bang as did wells fargo. stocks were down, good signs in housing. barclays senior analyst jason goldberg joins us to pour through results. you've had a couple hours now to look through the figures. was there less here than initially met the eye? >> no. we thought results were pretty good out of both names. jpmorgan and wells fargo exceeded expectations. earnings grew, book value grew, loans stable to up in what is usually a seasonally weak first quarter. institutions on mortgage as well as trading results and asset quality continue improve. and both companies raised dividends and look for more share buyback as the year goes on. >> why are investors not pleased? why are shares down? >> i think macro concerns return. obviously the news we talked about in spain and other european macro headwinds, weak

china gdp number last night. and kind of the whole risk-off trade is on financials in particular. we look out between now and the end of the year, we think the upward momentum we saw in the first quarter for some of the more well-positioned names continues. >> you've got a $55 price target on jpm. what's it going to take to get there? please don't say another $11.50. >> i think they got to continue just what they're doing. you look at the first quarter results. they put a lot of the mortgage litigation issues behind them. they took a $2.5 billion charge in q-1. we don't expect anything else for the remainder of the year. credit quality metrics continue to improve. and the revenues are growing. i think continue what they're doing, taking market share in the businesses they choose to compete in and continue to return capital to shareholders. >> we look at wells fargo with strong mortgage results. is there some concern they'll be crowding out some of the regional banks, smaller players, is that a reason to steer clear of those names? >> on the regionals, we'll see. you know, one of the trends you saw at jpmorgan was a low

interest margin and jpmorgan and wells fargo calling for further margin compression in the second quarter. that's a business the regional banks are better in. something to be mindful of. >> what about consolidation going forward? there's been focus on the expense side of banks. concern it's going to be more profitable for them to be larger. will there be more consolidation in light of these results? >> we do see consolidation as a secular trend. there haven't been many deals in the last years. many many bank acquisitions but in the small and mid-size names not the bigger, we expect to see a fair amount of that. >> and take us through next week. how do we learn from jpmorgan from wells color what you expect to hear going into next week. >> i think you'll see good trading results. maybe better than people thought particularly in the fixed income area. mortgage results probably a little stronger than some expected. you know, loan growth, you know, was a bit soft at both institutions but not uncommon in the first quarter. and then importantly, you know, credit quality, which we also

focused on a year or two ago continues to get better. >> all right. jason goldberg, thank you so much, sir. >> thank you. >> up next, the hits keep oncoming. if europe wasn't enough to worry about, now china supposed to bring us sleepless nights as well. your guest says not so fast. >> and we'll introduce you to a ceo of a high flying small tech company. they're surviving and thriving in these unsettled times. "street signs" will be right back. ♪ [ laughter ]

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comedical examiner -- comex down. gold having a rough day. off about 1.6%. despite the cry about china completely collapsing, check out how the shanghai composite is holding up against germany and spain. actually, shanghai has done very well. it's up around 2.5% while germany down more than 2.5%. and spain, you know the problems there, down about 5%. your next guest got it right with his china gdp estimate of 8.1%. there's a lot of commentary and concern about a china slowdown. donald says don't panic. china is slowing, but it's not crashing. he's senior managing director of china research. he goes to china often. should we be spooked by an 8% gdp number for china? >> brian, i don't think so. 8% is a sustainable number. people just need to understand

that the 10% that china has recorded real gdp for the last 20 years is history. we're not going back to 10%. but 7% or 8% is still strong. it will continue to give very nice real per capita income gains to all the chinese workers. and people ought to relax. >> don, do you think china's bottoming in the first quarter with regards to its growth rate? you have a below census outlook for the rest of the year. >> right. we've had that below census outlook for the last six months or so and still do. the consensus thinks it's first quarter down and second, third, fourth quarter up. i think it's going to be more flat. in fact, lower second quarter than first quarter. and the reason is that china's problems are not primarily cyclical. they are much more secular structural and you don't fix those problems in a month or a week or a quarter. they take years instead.

>> that doesn't sound so reassuring. >> well, i think we'll continue to have growth something like the 7% range for the next five years. i'll tell you that there's 500 million people in china who have made 8% a year per capita real income gains for 25 years in a row. 1.08 to the 25th power is a pretty good career for 25 years. and 1.08 plus another 1.07 is a good 26-year career. >> should we be concerned that the number wasn't stronger merely because year of the dragon. we hear about this. this is a huge year for china. some people said we should do better than we expect merely because of the excess spending, all the things -- i'm being serious here, don, about the year of the dragon thing. should we take that into our account. >> i'm being serious here, too, brian. and the answer is no. >> why not? >> it's not that big of a deal. i mean, there are going to be a lot more babies. and so i guess that -- >> which means more spending. >> okay, fine.

the maternity market. but, i mean, people aren't only one year old. there's people from one to 100 in china. this is a phony story. >> is it phony? i mean, you have more children, you need to upgrade your home or add furniture. i'm actually being serious about the consumer impact. you mentioned structural problems. you know, shouldn't we have a stronger housing market in china this year? >> no. people don't buy a house for a one-year event. they buy a house for a longer period of time. and the biggest problem in china is the basic structural imbalance, the overhang of houses for the upper half of the income distribution. that so-called commodity housing. that's going to be very weak. those starts will go from 15 million in 2011 to about 5 million, count them, 5 million, down 67% in 2012. >> wow. that's a big decline. >> it is. >> and it explains why you're

cautious about exports and that being a problem with a lot happening in the eurozone. >> i think the export problem is a bigger problem for china than is the housing. it's going to get fixed. but china is not as competitive as it used to be in terms of exports. japan, america, europe, three big developed markets for china's exports -- they're not terrible, but they're not great. and china's trade surplus is already coming down. and it's going to go down more. >> bottom line, very quickly for us, don, are either the shares in shanghai undervalued or overvalued? >> i think they are undervalued. you've got decent growth. no hard landing. inflation down, more to come. interest rate cuts -- reserve ratio cuts. monetary policy easing. some fiscal stimulus coming. p/es that are maybe at 12 versus an average of 27. that says by and large more

positives than negatives for china equities. >> don, always a pleasure. thanks for joining us. have a great weekend. >> okay. thank you. >> turning our attention back to the u.s. one company that still manufacturing here, faro technologies. up nearly 20% in 2012 and even better over the last three years more than quadrupling. joining us now is the ceo. jay, what's driving business for you guys? >> there are a lot of things driving business, but primarily when you look at the manufacturers we sell to in this market space, they are flush with cash, willing to spend their money on productivity. our tool is a productivity tool. they help reduce scrap and rework in proses se seize. >> we should blame faro technologies for the nation's high unemployment rate. >> i don't want to blame faro for the nation's high unemployment rate, but i would say our technology is used by a

lot of the customers that are not necessarily run by people at the moment. i suspect they will at some time. many are running at capacity or close to it. i think we'll see some expansion coming. >> jay, your sales last year ended 45 million above fiscal year 2008. is it fair to say for faro the recession is over? >> i certainly think it's over. i think coming out we repositioned ourselves in '09. we did a nice job to get ready what was coming. we introduced a lot of disruptive products to the marketplace and we feel good that the 20% to 25% growth we've been expecting over the last few years and come to expect is where we see ourselves headed forward. >> is there concern some of this demand you've seen lately pulled forward by some of the things the administration has done to encourage -- is there any effect from warm weather? >> we haven't seen it for that and i don't expect it for warm weather. the nice thing about our products even though social security a capital expenditure,

makes it very available to any type of manufacturing company. those looking to pull forward based on policies was more for larger equipment and not necessarily for ours. >> one of the themes on our show and viewers know it has always been about jobs and competitiveness of united states against the world. could you ep up a manufacturing facility in the united states and be cost competitive against china or other countries right now? >> i certainly believe we could. the bulk of our products are made in the united states today. we have plants in florida and pennsylvania. certainly as we go forward and look to develop new technologies, we prefer to keep them in the locations we know and in the plants we already own. and we do have a very competitive cost structure in both of those locations. >> is there any concern from -- are people competing in the u.s. for your business for those jobs? >> we haven't necessarily seen that. i mean, whenever we've had jobs posted whether it be manufacturing jobs or engineering jobs or sales and marketing, we've certainly been able to find top quality talent and grade talent that we've not

necessarily felt that competition. >> jay, thank you so much for joining us. >> thanks for having me. still to come, forget friday the 13th. it really is freaky friday here at cnbc because herb is happy. and he's ready to spread a little bit of that around. >> we should all be freaked out by that. plus, you know rimm by now might be a bit of a wreck. but we're all about solutions here on this show. so we'll hear from one man who's got a big idea on how to fix this big mess. this big friday rolls on. we'll be right back. [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place.

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let's do a little stocktologist. look at the market internals. 21-22 decliners. advancers 826. stocktologist baby. key stats. 32 to 32 but we're heading into the fourth quarter. and the field goal kicker's good. never know. could pull this through. it's freaky friday here on "street signs" because herb took his happy pills today. and he's got a sunshine stock for us. all right, john denver by the way. >> are we going to -- >> now he's not happy.

you ran right over him. >> i keep going there. >> i'm so happy i didn't even care. i just thought -- >> what is your sunshine stock on this freaky friday, big boy? >> sodastream. sodastream up actually quite a bit more than it was now. i thought it was interesting that it was up. i tried to find out why and i did find why. william blare out with a report people chatting about said something about possibly getting into walmart or likelihood of getting into walmart. guess what? the ceo of sodastream said on this show in november the same thing. i read this entire report, i can tell you right now -- >> it's only two pages long. >> it's actually one page. and i can tell you -- i want to tell you one thing, nothing, nothing new in this report. >> you don't think they'll get into walmart? >> no. there's nothing new about that. we're expecting it. >> it's already been priced in. >> i think people have been waiting for it and i'm sure when the news comes out it will pop up and -- >> slamming the analyst. >> not really. it's a good report.

seven reasons why you should own sodastream. >> 7-up. >> they have a very good 7-up i haven't tasted. >> we got it. >> i'm not sure he did, kelly. >> i got it. >> herb, thanks. all right. now a little more sunshine down on the farm. tractor supply company ticker tsco trading all-time high levels on the back of strong earnings and guidance. shoutout to my hometown store in lexington, virginia. great place. anyway, take a look. brian. >> and i was just thinking about lexington. beautiful town. we grew up or lived 90 miles from each other . >> beautiful place. >> we know of some tractors. >> we used to have drive your tractor to school day in college -- high school that is. >> coming up. ♪ >> and while you're at it, not really sure what that was. you might want to check it for big wads of sweaty money. was supposed to be a video of a

big freezer because we have a story of people literally stashing cash in the refrigerator or as you call it the icebox. >> i don't call it the icebox. i'm also going to fine you for that literally. and from the freezer to the fridge, the latest reality show, "hoarders," farm edition. sp with the all-new e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one page. transform your investing with the all-new e-trade 360 investing dashboard. [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader.

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all right. lovely shot of a street named after a newspaper. but it's time now for street talk where we hit some of the big stories of the day. and we hit the screen. story one, only 90 minutes left in this trading in this roller coaster week. the markets in the red. nasdaq and s&p on track for biggest weekly drops of the year. financials and tech main drags of the day. bank of america and jpmorgan big dow decliners. and bank of america releasing its first quarter earnings next thursday. story two, energy. the final oil and gas trades are crossing right now in what has been a wild week where natural gas fell below $2 for the first time in a decade.

let's get right now to bertha coombs at the nymex with the close, bertha. >> it's closing right there, brian. new 10-year low just shy of $1.96. that will be the number to watch to see whether it breaks through here in the options i'll tell you, they actually have dollar october puts. that's bets we might be at a dollar by october. meantime, as far as oil closing down for the week, but things kind of evening up a little bit as far as brent because we have the nuclear talks on iran's nuclear program tomorrow over the weekend. gasoline, the futures are higher for the week. but at the pump gasoline is lower. in fact, if you take a look, it looks like we may very well if things continue like this, see the peak this year in april. last year we peaked in may. three years ago when we were at these $4 levels we peaked in july. so seven days to the downside at the pump. that's certainly quite a bit of relief for consumers. brian. >> all right. bertha, thank you. >> peaking earlier and earlier. it's interesting. from the energy pits to down on the farm, jane wells joins us

with what could be a coming corn crisis. jane. >> hey, kelly. you know the number one cost for raising these cows? feed. the usda's been all over the place in the last year on estimating corn supplies. here's one reason it may be hard for them to get a handle on it. a lot of corn farmers in boom times over the last few years have taken some profits and invested in more storage that way they can control their own destinies and don't have to drive their corn immediately from the field to the elevators and wait in line. they can keep it and doll it out as they like the prices. nebraska farmer jason cool says this has allowed him to get a pretty consistent $6 to $6.25 a bush el even when corn fell last fall on an estimate that cost him about $1.75 a bush el. >> there's been concern with the usda numbers that have come out. so farmers are kind of thinking that there's not as much supply in the country as what usda says there is. so they kind of think that, you know, prices are going to continue to rally. >> well, they're not rallying

today. corn is down on concerns of a slow growth in china. however, the usda's also predicting record corn planting but a cold snap in the midwest could delay that. still with the cool weather jason says you could see bushels go down to $4 a bush el. he would not like that. that would thrill cattle ranchers, maybe drive down your grocery bill. however, if farmers are hoarding their corn more, they can doll it out and try and time the market. the risk to them is if they all time it at the same time. >> jane wells from a rainy california there for us. jane, thanks so much. if farmers are hedging against a corn crunch, what should investors do? joining us on the cnbc news line, darren, what do you recommend? >> you know, getting pretty interesting as we look at the ag markets. the one that jumps out, a lot of markets are struggling but the one that jumps out certainly is soybeans. corn and soybeans both look like

they want to go higher this spring. they can't generate much momentum. long-term looking out looks like soybeans could be the best market of them all. >> it's funny, darin, one of the smartest guys i know. he's a hedge fund manager, he won't do tv, he can talk. he will invest in anything he wants. i was talking to him last week wanting to know the best investment of all, i thought he might say greek debt, but he said soybeans. >> that's not surprising. production numbers out of south america keep whittling down. chinese demand continues to grow. see headline after headline about u.s. selling more beans into china. doesn't matter what the economy's doing, they're going to keep buying. now we add on the idea you mentioned the record acres in corn. that pulls soybeans away. we're looking at domestic acres less next year continued strong global demand, less stocks because of south america. very explosive situation building in the soybean market now long-term. >> darin, how does the retail guy play this? if you're in a hedge fund, it's

one thing. how do you get exposed to soy or beans? >> couple different ways. most obviously would be to go to the july 2013 contract and look to see where it's frading right now and buy into that. that's in the futures market. there's also ways of trading the actual cash value of soybeans, which long-term should be very strong as well. i actually think it's a cash market game on the futures. but the easiest way to trade is go to the july 2013 futures contract. >> darin, this contrasts with what's going on in a lot of other soft commodities. why are we seeing these areas with strength and potential strength like soybeans? and what are some of the areas that look weaker? >> the biggest thing that's going on right now is commodities or ag commodities in general seem to be losing some of their luster in the investment community. you just don't see as much money coming in. what it boils down to is what market has some long-term bullish fundamentals? what market's going to continue to pull money in? you look at the future spreads,

which is the way you read how bullish or bearish fundamentals are, most have long-term -- >> those are orange juice, coffee -- yeah. don't support to the same degree. >> that's right. headlines but some problems here, problems there, look at the future spreads, there's no real threat. so the money just doesn't feel the need right now particularly with the dollar gaining strength to take a slider on some of these markets. >> darin, we have to leave it there. thanks very much. appreciate it. have a great weekend. >> all right. thanks. >> up next, trading volume has abysmal. now we know where people are putting their money. it's the cold truth coming up. >> and later herb tells us why google just might win the race to 1,000.

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nchtsz i'm bill griffeth at the top of the hour on "closing bell" we're talking earnings and outlook for the banking industry. a first on cnbc interview with waels fargo's chief financial officer tim sloan joining us. is it time to cash out on a company like citi? we'll break down the charts in talking numbers. and as we head towards the tax deadline this weekend, of course we all know there are only two certainties in life, death and taxes. are those two certainties good investments? we're talking funeral and tax-related stocks coming up. maria and i look forward to seeing you from the new york

stock exchange here at the top of the hour. >> bill, thank you very much. and do check out shares of coinstar. cstr, known well to herb up nearly 8%. stock trading at an all-time high, herb. >> don't look at me. >> i'm just saying, this is a heavily shorted stock. there are people that think the company's des destined for a fall. and those people have had their donkey handed to them this year. >> they have this year. jim was on "squawk box" saying this was one of his shorts. and went back saying he's not a short-term guy. quarter-to-quarter-to-quarter stock's been going up. >> they've been making money every quarter. >> yeah. >> coinstar. >> you and the puns today. >> and make it off of you because you're stuffing your money into one of their machines. >> all right. there's coinstar again. >> -- which is an inside joke,

people, by the way. >> it's true. >> take it easy. >> today people are punning instead on track to be one of the lightest in three days. and we know where investors are stashing all that cash and it's in the chill chest. more than a quarter of all americans freeze their assets in the back of the old fridge. the second most common place to store money at home is in a sock. i think that's in a sock drawer. maybe it's in the sock itself. people do have cash on hand even in these hard times to keep around the house. when you do, where do you put it? 27% in the freezer, 19% in the stock drawer. about one in ten under the mattress or in the cookie jar. and then of course other bits of this. i would love to know -- i wish there was a fill in answer for other. what are some of the things people will do? i heard they will put them in empty aspirin bottles or beer bottles and smash it. >> i like the 7% unsure. we didn't show that. 7% of people unsure. unsure of where you're stashing

your cash? >> or they didn't want to tell the surveyors. >> unsure, i don't know, that's not a good answer with your money. watch cnbc, people. we can help with the money management here by the way. >> it's not only about keeping your money from burglars or people who would break-in, sometimes keeping it from yourself. part of the reason they put it in the freezer, if you want to use it, you have to wait for it to thaw out. a friend of mine does that with her credit cards. the ham burglar said they not only do it again is a way to stash it but to say, okay, if you want that cash on hand if you have a little bit of a safety net, but don't break into it for a sale -- >> but the story -- >> it's done. >> the coinstar story by the way very quickly i'll just be quick, i was out shooting guns and i was wearing blaze orange and the blaze orange hat and i was physically dirty, right, because i'd been out sort of tromping around. and i was putting money in a coinstar machine in this grocery store and the guy comes up and are you the guy from cnbc?

i said i am. he said i like your show. d as walked off i heard him say to his wife. she said i knew it. and she goes i didn't think he would look like that. i don't know what that means, but thanks for watching if you're out there watching by the way. quick market check if we can with a little more than an hour left in the trading week, financials getting hit today. bank of america the biggest drag on the dow. their earnings are out next thursday. jpm little bit of a profit there concern on higher costs. jpmorgan down you can see red across the screen. up next herb's going to stay here. he'll tell you why he thinks it will be google and not apple that will be the first to the $1,000 stock price point. >> bold call, herb. >> and blackberry's white knight could be walmart. they might answer rimm's prayers coming up. i have twins, 21 years old. each kid has their own path. they grow up, and they're out having their life. i really started to talk to them about the things that are important that they have to take ownership over. my name's colleen stiles, and my kids and i did our wills on legalzoom. [ shapiro ] we created legalzoom

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it's apple versus google in the race to $1,000. take a look at the share prices. both within fighting distance. at this point google's in the lead. but can the search giant beat apple to the punch? herb greenberg, you say yes,

sir. >> actually, a guy i know -- it's the old guy i know. if a guy i know is right, google will be the winner in that race. ken wrote the book "security evaluation and risk google will beat apple. it's a bible to many people who are serious investors. his points to me today is this, google's free cash flow is growing more than 20%. china he can exposure makes it too unpredictable and google has a lower cost of capital. now, ken's models are also indicating that apple, despite everything great about it, carries a valuation risk that he believes will become apparent over the next year. he doesn't go into the reasons but he says they will become apparent over the next year. and this. and this has nothing to do with apple. ken also thinks google is 40% cheaper than the low range of facebook. so he says when that ipo comes around he'd be buying going gel

instead instead of facebook. for more, go to cnbc.com. >> when are we talking about this $1,000 threshold? >> no time. he doesn't do time. he does a serious analysis. loves the cost of capital. it's a key metric that he looks at. >> priceline might be both of them. it's a low float. >> that's what people say about google versus apple. it's a low float. >> and it is freaky friday and you're nice. everything is just backwards today. if you haven't checked out herb's other piece on apple, you should, where you slammed them for living by their own rules. silicon valley, you wrote, lives by its own rules. i'm going to quote you to you, when harry meant sally style, i wrote that and it means something to me, google wants the perks of being public but wants the perks of being

private. >> yes. the new price structure that they announced of the stock dividend, they deeeffectively w be a public company but -- >> they are getting hit by a lot of people. >> my twitter was full of stuff about that. >> and they said we are concerned about outside influences. 5% stake in the company would cost you $11 billion. if you wanted to be an activist and have any pull, there's only two of the richest kings of europe that could buy 5% of google to enforce any activist position any way. who are they afraid of? >> well, remember, sergay and larry are selling their shares, their original shares, and when they go down -- >> you know who is a threat to google is prodigy or compuserve. all right. if you've been watching "street

signs," you know that we've been watching very closely to research in motion. but could walmart be the right knight to save the day? let's bring in a blogger. alex, thanks for joining us. do you think that walmart could save r.i.m.m.? >> yeah, absolutely. you know, wal-mart has built up quite an impressive lab out here in the silicon valley and accumulated amazing talent. if you look at r.i.m.m.'s situation, they are attacking the enterprise space. walmart cares about devices because of e-commerce and also voodoo powers their online service. blackberry, they are struggling to get the distribution they need. >> you know, i've got to tell you, it's a great idea.

it sounds great on paper. i just don't see it and i don't see it the same way that voodoo, which is considered a really good service, has never gotten the traction to take on netflix and i also think in this case the r.i.m. operating system is not going to be the easiest thing to use and i think in the end it's going to be walmart selling the kindle and the ipad. >> i don't see it. >> amazon would never agree to that. so you're write. you're write about the operating system. in my venture beat, i said there are three things that they need to do. focus on the enterprise, partner with wall marlt for the consumer and they need to abandon their own operating system and extend the android system which is amazon has done pretty effectively. >> it sounded like before he left val wanted to take the company in a different direction, take more advantage of its networking partner and then he was moved out and now they have a new strategy. do you think that's a mistake,

alex? >> well, i'm not sure i agreed with his strategy, which is to open up on the device and give up on the back-end services. they are taking incremental steps. they need to do something bold. >> well, they may need to do something bold, alex, but if i were walmart, why would i go to someone perceived to be a loser as opposed to samsung and developing a tat tell with android? >> you make a good point. i'm not saying this is a sure win combination but it's the sort of bold thinking and out of box thinking that r.i.m. needs to pursue if they want to maintain relevancy. >> quick question on nokia. steve wozniak said he was waiting in line to buy a lumnia. it's number two on the cell phone sales list because it's

free after the refund but to that point, is nokia being too soft? could could it be a winner? >> well, they have deserved the tough stance that people have taken over. the buzz is very strong even where people tend to be apple fans and android fans. i'm seeing a lot of excitement and it a great form factor. the key is how well they have been able to integrate the great hardware from nokia with microsoft's operating system. >> all right. alex, thanks. >> thank you. and prom night gone wild. a super spendy sign of the times. it's getting hot in here. starbucks and young brands -- >> red is bad. it shouldn't be hot. >> it's hot because the red signifies heat and i was just

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♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ . it's high school gone wild. prom costs can reach over $1,000, up from $807 last year. unbelievable. the average costs are even higher here in the northeast. teens, or should we say their parents, are spending $2,000. it makes it hard to keep