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a new ride comes along and changes everything. the powerful gs. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. all right. before we hand it over to "streets signs" let's give you an update. the market still up 92 points, two thirds of a percent to the

up side. the s&p is up about 9.25 points, and nasdaq up 11 points. so green across the board, ty, though you never know with headlines coming out of cyprus, but they're starting to call this the teflon market. and still on track for a very good first quarter. sue, that will do it for the "power lunch" for today. >> you got it. have a great afternoon. a special edition of "street signs" begins right now. see you tomorrow. you bet, guys. welcome to a special edition of "street signs." brian and mandy are off. i'm here with an hour of power. kate kelly, what's on your radar. >> a bailout in cyprus and potential bond market sell-off? i'm jon fortt. i'm going to talk t-mobile's

no-contract plans. i'll give you a hint, apple does not need to work. robert? ivities i'm going to talk about the world's most expensive personhouse. it comes with its own pool and waterslide, 500 feet above land. if you've got $330 million, wee tell you where to buy it. julia? >> we're sigh the big money stream into media, but not just traditional players. coming up we'll lay out the battlelines. the island nation of cyprus. let's get to michelle caruso-cabrera on the ground with proof positive that your money is not always safe in a bank account. michelle? >> no, absolutely not, simon. within just the last hour, the minister of finance in this country and also head of the center bank wrapped up a meeting with reporters, where they explained the situation with the banks. they're very confident they will reopen on thursday with lax capital controls.

they weren't specific about the withdrawal limit b. but they do seem to think it will finally happen on thursday. restocking of machines and money coming into the country so that can happen. at the same time, the bailout remains very, very controversial. we had a number of protests today, students protested, also bank of cyprus employees protested. there's a lot of confusion on the ground. there's a near ma more than one of the banks will be shut down, so there's a lot of concern about what will happen in terms of the economy. as the days go on. people are becoming aware of what this will do to the cyprus economy. finance is 50% of what they do here, and their gdp. if it shrunk dramatically like being insisted by the european union, there will be a lot of job losses and parameters a contraction in the economy. >> that is a phenomenal figure, michelle. ultimately cnbc and the networks will pull you and people back. what do you think the legacy is

of these crises in southern europe, where the economies are left in the state that they are. where will that take us in the 21st century, do you think? >> well, these economies will live through depression, that is for sure. i think the larger message is, as we go step by step through these bailouts, more and more this message of self-reliance, of not overspending, the german message about being in control of your finances, is being imposed and we're going to have to see how it all plays out eventually. once you get through this devastating time period, are you going to see better economies on the other side that are better balanced. >> phenomenal reporting, michelle, over the last two weeks. >> thank you, i'ming. the data here actually slightly disappointing, but the markets have surged. bob pisani has more live from the nyse.

>> lots of concerns about cyprus, but that may be a benefit to us. we may have been moving sideways, but take a look at the s&p 500. 1565 would be the clouding high. we're back to four points away. yes, it's been sideways, but that's not bad with a 10% move to the up seed. we're outperforming everybody else. let's look at where we are in terms of the global indices. only the japanese in the midst of a frenzy around shinno abe, germany is not up as much. emerges what about volatility? are the markets worried? no, the vix for the year, 1213, this is statistically insignificant. no volatility overall. bottom line here, just off the highs, the u.s. is outperforming and no volatility. >> bob, kate, what do you think of this market? >> i think there's a couple

different stories. i was puzzled to see how eabu yen the markets seemed to be, even though we're in an mark where the s&p 500 is up, you look at the kipry outbail-in and the comments from the dutch finance minister, people were very concerned about that yesterday, but if you look at the full transcript, which is public lishd on 9 f.t., he's actually saying that the bay-in is a last resort, not a first resort. at the same time, i think the market lines to see these politicians get tougher strong on banks. >> the main story here to me is 9 markets are less volatile, that they can really shrug off something that seems as significant, and the markets are up today. >> because the central banks will always be there. >> especially in social media which i cover, the emphasis will really be on earnings and how

they'll play out. >> do you want to mention apple at this stage? >> why not? >> it's the norm. >> i mean, it's up a bit from the lows quite a bit. not so much trading today. google also trending. it's interesting. hp up about 1.5% today. i wonder how much of that has to do with the turmoil around dell. hp was trying to take advantage of that. it seems like a smart move, but it seems like everybody is waiting for a real catalyst. >> robert? >> i think cyprus is such a special case for so many reasons, aside from the fact it's tiny. it had such an unusual banks system. i think fedex earnings are far more concerns and the earnings for the first quarter, which i think people have been guiding down for a bit. so that to me is a bigger issue. >> let's look at this whole thing as a macro relative value story. as one trader put it, the u.s. storm is really the best place to find yield in the world market. essentially continued turmoil in

europe. the credit market has gotten expensive and u.s. stocks are continuing to deliver. how long the rally will go on of course is a big question. i think it will be earnings dependent, but right now it's a very good bet. >> do you have a different view on the west coast, you guys? than we do here? is the conversation different? >> for instance, disney is trading around an all-time high. this is a media giant that continues to deliver, and then a company like netflix, which on the other hand is trading around its lows for the year, so i think it's different stories, and i'm seeing a multiple of stories, but i think for both of those countries, what happens in the next legless contingent on earns. >> if you had said to peel four years ago these we'resh would be the problems, this could look like the top of the world. mark zuckerberg and one cofounders of google putting out

at science prize worth more than nobel. yahoo buying a 17-year-old's kid start-up. things are going pretty well. >> how does a child create a business that's worth $30 million? in all seriousness. >> they says he's native tech and native mobile. he probably grew up knowing these tools and understanding how to exist. >> he actually did. he said that in 2008, when he was a kid, right? when he was 12 years old, he remembers see the iphone sdk come out, the toots for creating mobile app.s. he's not even of the pc generation. >> so i shouldn't worry about my kids having no social skills because they're always on an ipad. >> you used to have to worry about that, because bill gates kind of had the big glasses, the embarrassing picture. this kid, though, he's pretty good-looking, the gel -- >> i can't believe a child of kate kelly's has no social

skills. >> he love that ipad and iphone. i worried he's too obsessed. we're just getting started on this special edition of "street signs." still ahead, the state of the housing market, we'll focus on the new data. and the world's most expensive penthouse hits the market. robert frank is all over the study. plus tiger woods is back in a big way. is his damage control done? that's all ahead when "street signs" returns. [ male announcer ] citibank's app for ipad

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numbers on today's housing market, posting the biggest gains since 2006. today's case-shiller report shows that house prices are now climbing as fast as they were before the real estate bubble actually burst. has housing finally turned the corner? it's a big question and a big focus of the cnbc all-american survey. steve? >> simon, thank very much. not just housing, but stocks as well. the question we'll try to answer is if you have housing and stocks working, is that enough to make americans optimistic? you'll see an interesting result. let's talk about whether americans think it's a good time or bad time to invest. come over this way, zoom in on the past, 2007 here, when 49% of the public thought it was a good time to invest and 27 thought bad. then you had the financial crisis and over this entire

period of time, walk with me this way, you see that bad time was above good time, until we finally get to our latest survey, ladies and gentlemen, we finally have parity, we call it 40%, think it's a good time and 40% think it's a bad time to invest. 20% are unsure. i want to show you real quickly, what people think are the best investments. not corporate bonds, not bonds, not savings can get, not stocks, not real state. for the second time in a row, the best investment -- gold. down just a bit with real state and stocks up just a bit, too. we promiseded information on housing. what they think will happen. 43% back in 2007 thought it would be the same. you can see that's risen 54%, but we've had important movement. this orange lines are those who think it will decrease.a third s

that are home values will increase. the average is 1.6%. good stock outlooks, good housing outlooks. does that translate to better housing outlook? no. we had an increase in those who think the economy will remain the same by about, call that eight percentage points. worse, it went down a bit. better also went down, so that was not enough. i think i know the reasons why. two other aspects in the mind of the american psyche. what are their wage expectations? and inflation expectations? came down from our november survey and what people think they'll make. expectations went up. we don't know if this is a blip or not. this is about the average we have seen in the post-crisis era. the inflation number tends to bump up in the first quarter. we know, guys, four things are going on -- housing, stocks, wages and inflation. we've hit a double with this survey, but definitely not on home run, simon. join us if you will, steve.

let's drill down specifically on the housing aspect so san francisco in tick. you joining us now to explain is the chairman of the rosin consulting group. ken, thank you for joining us here on cnbc. >> good morning. >> it's interesting to look, if you look thus case shiller, there's only one market that's performed ben than san francisco and that's phoenix. the market is up 17.5%. how does that feel? how do the deals go down? >> we're red-hot? san francisco, because the economy is so strong. but the second fasters-growing economy, and we're the center, world center of the new economy. we've got companies like sgoog many, twitter, yahoo! apple, so this is a massive growth of people and very little new housing production. so it's so hot that not only prices up dramatically, but the inventory available is down by

40% to 60%, so not never housing for people to really buy, so prices are soaring. we now have something called the flash sale, that a house goes under contract one day after its listed, almost 1,000 of those in the last year. so it's very hot. >> and a fascinating statistic that the average tile a house sits waiting to be sold is over 90 days, but in your market, far less, 14? >> in the east bay it's 13 to 14, in san francisco and silicon valley, 25 to 27. so you've got to move quickly if you want to buy. it's the betts time to be a buyer, we think in a decade because of the low mortgage interest rates that are there today. >> ken, nice to see you. thank you very much. ken rosin with a view from california. you lived in california. do you feel that? >> a bit. i'm not up 17% on our house, maybe about 7 to 10% year over year. it was down a bit before that, but looking at all this data,

you feel like in you're doing well, if you can afford to invest, then the prospects are bright, but if not, if you need a job. >> julia, where you are in l.a., up 12%. >> one of the things i hear a lot is the fact that inventories are so tight. i keep hearing if you put your house on the market it's going to go fast. >> i think we're learning the lesson how in-elastic the market is. if you buy more starbucks or buy everyday death computer, if suddenly demands spikes, they can make more quickly. houses, you know, yes they have started to build more, but it takes a long time to catch up to demand when demand spikes like this and inventory is so low. i think we could see a near-term real big spike if prices, because they were not building houses that could come on the market today a year or two ago illustrates i think this is a good point and we're seeing signals of longer-term confidence as well.

if you look at the lumber market literally, and the agents that drive that, housing starts hit a peak in december, but a lot of people are bullish. cash lumber is at recent records, and in the futures market strong as well. >> let me point out one thing. when we get the employment report, you don't have as fearly people employed in construction, which is partly why -- >> san francisco -- this guy comes in and says we're selling houses like crazy, but not building anything. in order to add to gdp, housing provides two impulses. one is people feel welte when the housing prices are up, but also when you build houses, you give people jobs and create all sorts of economic activity. what's interesting about this survey, is your views on the housing market, and your home price, do more to explain your views on the rest of the world than any other single indicator we have. not your wages, not your inflation outlook, not your

party identification. home value expectations could predict gender, i mean, it's almost that powerful. obviously it can't, but that's how powerful it is. if we could get those numbers, 33% expecting the home prices to increase, back to where they were, economic optimism -- >> it become self-fulfilling. let's bring in robert frank and talk about the most expensive penthouse. >> sure. monaco is the most expensive market in the world. average sales there $a,900 per square foot. this building in monaco is called the tour odion is the monaco of monaco. it's the tallest building in mona monaco. the penthouse, which hasn't officially come on the market, could sell for between $250 and $300 million. >> that's glass around the -- >> that's the tower flier-to-ceiling glass.

that's a water slide there. 500 feet above monaco. 33,000 square feet, this penthouse, and it's got everyone. it has a private infinity pool and waterslide. this building has been popular particularly with europeans looking to move to monaco to lower their taxes. >> a dumb question -- who and how many people have this kind of money? >> the world's population of bill jersey nair grew 10% 15% last year. the it's not just the middle east, russia, the traditional areas, but it's brazil, it's china, other parts of asia. so the amount of wealth being created, especially at the hide end is huge. >> we can't talk the same language. when i'm talking about a pool of 800 americans and say the wealthy did x? he said that's interesting. i want people with $100,000 and more. >> i don't get out of bed for

less than $10 million. >> when they're building this apartment, do they know they have at least five people who had broadband interested? >> the government of monaco is a partner in this building, which is why they were allowed to build it so tall. there's no other building in monaco even close to it. they had a ban on tall buildings since the 1970s. the reason this is so special, the government was part of it and they're building it 49 stories towers above anything else in monaco. >> this is an investment only an ultra-rich, but the pool of ultra-rich is expanding. >> you look at the towerers, 157, which is the equivalent here in manhattan, you know, all these trophy towers are just selling out. it's amazing. we'll come back to all of you. we have to take a break. the winner of sunday's powerball jackpot is holding a new conference. he won, if you're not aware, $338 million. let me repeat that, $338

million, and that is the check. i'm assuming the tax is 50%? >> yeah, but it's better taxwise to take it as a one lump-sum payment, and he's not going to put it in cyprus. >> good one. okay. better off at a jpmorgan -- >> he did look happy, i have to say. >> if you would talk to robert frank, you would realize how little that money is. >> and realize how miserable and difficult his life is about to become. >> indeed he would be top in your survey. just ahead on "street signs" t-mobile making a big move. the impact ahead. airlines gone wild, so much talk about baggage fees, tablets. we're hitting it all when "street signs" returns. ♪ ♪ [ male announcer ] how do you engineer

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tiger woods is back in a big way. brian, this is an amazing turnaround story. >> number one in the world today. won for the third time this year. we know his marriage fell apart in 2009 because of this

incredible web of infidelity. people seem to like it. this lindsey vonn thing, i think the way some people are characterizing it is if she's willing to take her mostly positive image, and tack the risk of attaching it to his, maybe fans can start putting their toes in the water. advertisers and corporate sponsors are jumping in. ea sports they have a tiger woods golf 2014. nike, of course, i talked to a lot of analysts with nike. they say you know what? he still transcends golf. this would lift the entire brand. >> nike in particular, because they are taking heat after they sent out a tweet last night that said winning takes care of everything, and included this pic. controversial. >> i think this is unbelievable. this sends a terrible message to the public, certainly kids,

think about lance armstrong as well. his sponsors bailed on him when there was an ethical issues. these companies are talking out both sides of their mouth. >> i'm so surprised. if i were nike, okay, he felt from grace, maybe we should find the next tiger woods? >> well, tiger woods is the next -- >> apparently. are they finding it has the same impacts on sales? >> we will find out right, but talking to the analysts, they seem to think he would raise the awareness of the entire brand. >> have people just forgotten about this whole thing? >> i've often said the difference is, whatever you do wrong, as long as you don't do wrong to the sport itself, the fans will take you back. >> i think the public valucillas about this. >> the question is does winning take care of everything? >> jon? >> i haven't won enough to know. >> c'mon. >> you're right here on the desk at cnbc.

>> -- i want. >> i want to find the next gale. >> did you forgive clinton? >> yeah. >> oh, you did. >> it's different for politicians especially if you're a moralizing politician. tiger woods was a sportsman. i don't think these issues matter to the sport. if he can put all this behind him and become better in his personal life and game, i think that's great. >> robert, this is something you and i have seen working at the "wall street journal" an covering finance, wall street especially loves a comeback. john mer i weather has started multiple funds, jon corzine has had several lives. >> it's different than lance, because he didn't -- but to yule gentleman's point, people did not like him, and they really hated what he did. and i think the fact that if he can get some positive q score out of this, it is really huge. right now they're saying that it

will move upward. how much? we don't know, but rory mcelroy is your next guy. >> he won't be selling jell-o pudding pops. it's about the golfivities correct. no diapers commercials for tigers. when does the masters start? >> in two weeks. breaking news. let's get to scott cohn. >> thank you, simon. another day, another insider trading case, this filed against the former chief information officer against foundry networks acquired in 2008 by broke kay. he gave tips to two people. the criminal complaint by the u.s. attorney's office in manhattan and an s.e.c. civil complaint don't say where teemle and johnson worked, but they are the latest to be ensnared in this growing probe. >> kate? >> this is very interesting. i think scott put it well.

another day, another insider trading probe. we'll see if there's additional ripples. there's been reported talk about michael stein berg, a key figure there, possibly facing charges in the near term. here's yet another element. this time with a west coast company, so not slowing down, continues to be active about this. i think it could be another pretty eventful year. >> kate, thank you for the analysis. scott, thank you for the news. the dow nearly triple-digit gains today, as we mentioned, despite the poor todaya at the start of the day. remember the all-time high on the s&p that we're looking to hit, four points away, 156.5. rumors of a new iphone are swirling on the internet. jon fortt looks at the apple-fanned fiction. julia will take us through the winners and the loser. this is "street signs" on cnbc.

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welcome back to a special edition of "street signs" on cnbc. we have our power panel all lined up. kate kelly on high finance, insiders and hedges. mr. jon fortt on tech, trends, and innovation. mr. robert frank on money, power and spending. and julia boorstin on media and the entertainment industry. that was a great graphics sequence, don't you think? t-mobile is also announcing today it will finally carry the iphone. jon, this seems quite an important piece of news. will we break apart the kr9 structure? >> i wouldn't hold my breath. in context, t-moibl is running a distant third to at&t and verizon.

they needed to do something. they're losing subscribers, so they get the iphone. they're still in a way subsidizing it. we'll let you pay for the rest over two years. you still have to pay for the phone. you have no contract for the service fee. people could get the phone for them and take it over to straight talk wireless. sure, they don't have lte, but walmart's plan is cheaper. >> they may not catch up, but the fact that you aren't locked into a two-years contract and none of the other major players are offering that. it seems like a pretty good deal. won't that help them? >> it might, but it might hurt them. part of the reason t-mobile has losing subscribesers is the lte networks isn't up to par with verizon or even at&t. what they could do is accelerate the process of people leaving. sprint has tried to be cheaper, too, hasn't entirely worked out for them in every day.

>> i think that's an interesting point you just made, though, jon. think about the anecdotal complaints, let alone a network that's considered inferior. with ought jokes you make about you hit a dead spot, at&t is the worst. if t-mobile has this added disadvantage where they're not locking you in for a period of time. >> you know what this really is? this is a salesperson for the network its on. that's why carriers pay top money for the iphone, because people get this and use the network and pay for it. t mobile is taking a risk here. >> i want to ask about appear 8. a lot of people listen inevitably interested in it. piper jaffray today said that wall street expectations are too high for march and june. they also said investors will have to wait until the second half of the year for big product announcement. i should say they reiterated the overweight of the target is 767, 300 bucks higher than we are now.

they think the stock will rise by 66%. they're not that downbeat on it. >> no, they're not. typically we see the announcements from apple in the back half of the year. i think that's what gene is trying to stay here. the big question, is do we get something new here? a watch? a tv? a flying car? apple hates this speculation, because sometimes it keeps people from buying what's already out on the market, but at the same time they fuel if, because they're so secretive. any idea is possiblivities what's your speculation? you probably have a better sense than anyone, what is the next innovative thing going to be? can they innovate the phones that much more? >> i think they'll try overhauling the software on the phone. johnny i've just took over the software. i think those are the big changes. we'll get margin expansion on

the hardware. >> what about apple tv? >> apple tv. >> i have the same question. we've been hearing the possibility of it for years. weigh in on that. >> i think they have to partner up with somebody -- with one of the big carriers of tv and content in order to get that done, similar to what they did with at&t, because there's so many ways a tv could go wrong when you're doing digital. you have to do the bandwidth going straight into the set. i have to bring a veil over this. we need to get to your beat next. one big tech names getting into cord cutting in a big time. find out. that's next on the program. and we're all -- and we're on all-time high watch for the s&p, looking for the 1565, we're keeping a close eye on it here, though we seem to be drifting should i can'tly lower. stay with us. ♪

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yahoo! for $30 million. you met him last time. >> when he was here, i just said hello, but i tweeted that morning, if i could invest in a person, i would invest in this kid. >> why? >> he a was so smart, understood the mark so well. he really had his head on. this is like his first company. there will be many more. >> i don't want to be a provocateur, but will he be allowed to work at home. >> no, from the london office. >> what if he has homework? >> yahoo! is making exceptions, so something tells me -- >> and i asked is he going to buy a car? he said, no, i can't drive yet. >> who wants a car in london? traffic is terrible. >> here's the think about sunnily. it's a way to read regular-sized articles, they adapt them. to me, the success of this kid is all about the shift to mobile

devices. people are spending more time on the smartphones and they want to access the content they used to read, but they need it in bite-sized pieces. >> a really stupid questions. why aren't the engineers in facebook or yahoo! developing it? >> how do we know they're not? >> simon, that's a whole bigger conversation about entrepreneurship and what kind of environments foster the most innovative ideas. >> and everybody is talking about this strategy, the fact this kind was to work for marissa mayer, $30 million, it's a lot of money -- >> for a junior in high school, not -- much better than the allowance i was getting. >> yahoo! hopes that other entrepreneurs want to sign up. >> if you look at it that way, it's a brilliant move. let's talk about netflix. a very good day. >> upgraded, and what's really issing good the upgrade is from

pacific crest, but bottom line is analysts believe netflix works. it's a good value play. you get a lot of great original content now, with shows like "house of cards" for just $9 a month. it's not just netflix. amazon just yesterday announced they green-lit another tv pilot that they're going to produce zombieland, microsoft, they hired a whole team of hollywood veterans to spend millions on original content. everyone wants to get into the original content play. >> speaks of "house of cards" they've gotten the word of mouth, at least in my circle of friends, that companies would die for? >> that gets people to subscribe. that gets amazon to say, we better spend more money. to follow up on the story of distributing content over the internet, you have intel, now in talks with the media giants to figure out how to license their content. they won't be changing the

paradigm. they'll still be getting a bundle of content, but what's happening with intel, instead of distributing it, they'll distribute it over the internet. >> i don't understand the business model. if you take advertising. >> for which company? >> for any kind of on-demand viewing. if you're spending millions on an original series, and people are binging on it action if you take advertising out of the equation, are they making enough? >> yes, advertising was never part of the equation for netflix. >> and they're making enough? >> they're spending $100 million on 26 ed odds of "house of cards"? >> and they'll make that back? >> what does this mean for the cable companies? >> well, right now for a company like comcast or time warner cable, which owns this network, will people cut the cord? so far not. the bigger threat perhaps is whether they'd be cord-nevers, people who graduate from college

and never pay for cable, but we're seeing companies are trying to show their bells and whistles, really convince people it's worst paying for their monthly cable. this week comcast is doing this binge viewing, offering all this content for free to get people hooked. >> comcast is a bad example, into you it observes nbc and the cable operator, but does it change the conversation with the owner of the and the content provider where they go i'm not prepared to 17th that big bundle, and you break apart. >> maybe i'm unique, but i have to pay for pretty premium capable. i have show 250i78, hmm bo and all the rest, and every night after about 9:00, my husband and i get the kids to bed and we're like, is there anything we want to watch? anything at all? you get all these choices -- >> sometimes there are too many choices. that's why if you have hbo-go, this great app. to navigate that content i want i would love to

be more of an enter netization of what's available on tv. >> or in fashion. >> sure. i don't want to go through -- >> i get it. coming up on the program, to turn off electronic devices, could soon be a thing of the past, but don't throw away your newspaper just yet. plus ahead on the show. need a big more legroom? one discounter wants to be your ticket to luxury in the skies. we've got your in-flight bonanza coming up on "street signs."

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sproo welcome back to "street signs" we're losing a bit of steam. story in ten minutes on cnbc. in the meantime, take a look at the airline index. over the past year, you'll be aware it's been a phenomenal, phenomenal mover. lots of news, indeed, flying around within the airline industry today. american airlines is testing, apparently, a new boarding process, where people outoverhead luggage can got on first, of course, it costs you more to check bags. we'll talk about that in a moment. jetblue wants to offer what it calls a premium product on

routes across america, coast to coast, from 2014. and could you soon be able to use your tablet on the plane? we'll put that to the panel and also to gordon barthoone who joins us, the former continental airline ceo. gordon, let's kick off with you. welcome to the program and this special edition of "street signs." as far as we're concerned with american testing in three markets, this early loading up of passengers without overhead luggage and letting the others then come in after, do you think that's about trying to make people pay to chuck their luggage or just to turn around planes faster. where does the money lie? >> i think it's both places, simon. the money, obviously, is the driver, and paying to check a bag ought to have some benefit, and getting on first is another perk that you can use to induce them to check a bag. >> a question for you, sort of bigger picture about the industry. there are fees for everything. what do you make of all this? airplane flying has become so uncivilized. are you shocked and disgusted,

having run an airplane -- an airline for so many years? >> well, you know, what we're selling now is what people want to buy. and of course, did you want to be that, did you want fries with that? that's the way they sell food. when you go on the internet and get the cheapest fare to san francisco, that's all you're going to get, is the fare. if you want food, that's going to be extra. >> one airline says this ultimate capitalism. >> i have a lot of comments on this. first of all, i love this. i always check a bag. as you know, julia, when you're traveling, especially for business, there's so much stuff you need to bring, there's no way i could carry it on board, but the rest of the world does. and you're waiting for everyone to crush your stuff in the overhead compartment. >> so you would pay to not -- >> i think people who check bags should be privileged. >> i totally disagree with you. i never check bags, because i can't -- >> how do you avoid checking a bag? you have a purse, your laptop, your wardrobe. >> she's a big star. john, do you check your bags? >> absolutely.

it seems like a no-brainer to me. this is about average revenue per flyer. if they get their 25 or 50 extra bucks from you, then you feel like you've got a perk to go on top of it, instead of you got slammed for paying for your bags. so you feel good about it. >> every flight i've taken recently, has been overbooked, oversold. so we are at a point now, we're at a breaking point where i think they need to start adding flights, number one. number two, what i look at is the private jet gap. the difference between flying private and flying commercial. >> of course, you do. >> but that gap is now smaller, because you can fly new york to florida at a moment's notice for around $2,000. and i think more and more people are going to look at that. >> gordon, let me leave the last word to you. >> i never check a bag, because somebody might lose it. there's my motivation. at the same time -- >> well, i believe that happened to mcc, michelle crusaruso-cabc. she lost a bunch of bags on the way to cyprus and she's been there for two weeks. >> what do you do, carry them on

board? >> you shouldn't have to, if you're buying a first class ticket, choose between your underwear and your presentation. you should be able to bring on more luggage. and we always did that at continental. today, it's about money and ala cart and you buy kind of what you want to pay for. >> that's the way the world. gordon -- >> i heard they found michelle's bag, but they took 30% of her clothes. >> literally? >> she must have been referring to the whole crew, but she said 10 of 16 bags were missing. >> there's no guarantee they really -- >> i can't carry it all on. especially the laptop, oh, my gosh. >> gordon, good to see you. >> nice to see you, sir. it might be the world's best investment ever. we'll tell you what it is. this is a special edition of "street signs" on cnbc. zap technology.

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robert frank thinks he's found probably the best investment ever. what is it? >> it's picasso's le reve. it was purchased for $7,000 in 1991. it was sold for $155 million to steve cohn of sac who's got some legal issues, but still likes to collect art. if you compare this painting and its escalation price over time to the s&p, maybe we have that chart, there it is. le