>> i'm short again. >> glen, your final trade? >> we like zoom. big opportunity for money transfer across between the u.s. and -- that's xoom is the ticker. thanks for being here. >> thank you. >> glen. have a great weekend. we'll see you on the other side, "power lunch" begins right now. >> "halftime" is over. the second half of your trading day begins now. >> welcome, everybody, to "power lunch." after rallying big on the fed's inaction the dow has lost nearly two-thirds of its fed day gains. the s&p 500 has lost almost 40% of its fed day bounce. warren buffett speaking on cnbc saying that stocks basically are now fully valued. billionaire investor carl icahn on cnbc agreeing with buffet. is it time for you to sell? we'll talk about that. apple fever is in full force today. the new iphone 5 hits the stores. will apple meet targets? live at apple stores from new

york city all the way out to the west coast in california. with that. and silicon valley's zen master will join us today. this is the guy that the tech giants like google turn to when it wants to boost productivity and innovation and spark creativity in workers. you're going to meet him, down at the nyse today. that's going to be an interesting segment. are you channeling your inner trader, ty? >> i am in a zen state of mind, sue. and stocks unfortunately are not in a zen state of mind, down about 73 points right now on the dow, the s&p 500 is off about 5 and the nasdaq is down just fractionally. think about the week we have just gone through. it began with the removal of larry summers as a leading candidate to be the fed chief. then the tragic shooting in washington. the nontaper day on wednesday. and now, votes in washington about defunding obama care and continuing resolution. there's a lot for investors to

mull. >> the first week with a lot of unsirtsty. china did not fall apart. we saw europe not falling apart. syria sort of resolved itself, it's not over, but this week a little more uncertainty with the fed surprising everyone and, of course, with what's going on in washington. let's take a look at what's happening here. rate sensitive stocks, second day in a row there's a probable. mr. bull hard came out saying we could have a taper in october. we don't particularly need. and as you heard the government shutdown also weighing on the markets as well. take a look at some of the emerging markets. this is a yo-yo. we generally were up this week. down today. and finally i just want to note bond etfs have been up the last couple days including corporate bonds and treasury bonds the tlt right there. the long-term treasury. that means yields are coming down. >> coming down. >> i want to mention we have a very active afternoon, big volume, rebalancing in the s&p

500. happens every quarter. remember today the dow. >> the dow changes. >> three stocks going in, three stocks going out and that will probably create, i don't know, the guess about 100 million -- 90 million to 100 million share volume towards the close. a lot of activity on the floor. of course i'll be covering all that. >> very interesting couple hours. >> s&p rebalancing, apple waiting down, buying back stock, google has a big ad, adding about 4%. you're going to see action in apple and google towards the close. >> we talked a minute ago about that potential government showdown. the voting that's been going on in washington. just an hour or so ago. it could have huge implications for the u.s. economy. the house passing that bill today to prevent the government shutdown, but as a condition of that, it would defund obama care. the president, of course, has already said he would veto that

and the senate leader reid has said that bill is dead, dead, dead. warren buffett sounding off on cnbc about the dysfunction in washington. take a listen. >> the market is not going to fall apart because they expect washington will only act irrationally for a certain length of time. it would have to get soft. so i don't -- it's so dumb. it's disturbing but it isn't disturbing in terms of investing or in your beusiness plan. >> that's what buffet says. chief washington correspondent john harwood on the case and has the latest on this budget battle. hi, john. >> hi, tyler. warren buffett makes a lot of sense in that sound bite. i wish i could tell you how this is going to end. i can't. washington is filled with ka boo ki theater. just had the first act play out and you heard the results of that when john boehner came before the press after that vote was over.

>> the american people don't want the government shut down and they don't want obama care. the house has listened to the american people. now it's time for the united states senate to listen to them as well. thank you. >> now despite all those cheers, tyler, we know that the senate is not going to listen on defunding obama care. we know that obama care is not going to be defunded. the question is, whether that was a cathartic enough event for those conservatives within the house republican caucus that they'll be ready when the bill comes back from the senate without the obama care defunding provision, that they're ready to fund the government as of the end of september and keep it open and then raise the debt limit. it may take as warren buffett was indicating, a little more amount of irrational behavior and extend it further, get reaction from the market before members will be beat noon doing what they know they must do.

they're not ready there yet. >> thank you very much. we're going to talk about the fed in washington in a second. but as you know two days after the fed's move to keep its quantitative easing in place, two fed presidents speaking out just a short while ago. steve liesman is here with the headlines. >> we will's get to those interesting comments in a moment, but i want to first report on the strong comments from kansas city fed president, voted against the fed decision at the meeting earlier this week, not to reduce stimulus to the economy. here's what george said. she is disappointed by the fed decision not to taper. the fed faces challenges to its credibility and predictability. the fed risk confusing its message on the taper and needs to be more clear about the path of future rates and the fed needs credibility to ask the markets to trust forward guidance in the future. she thought a lower unemployment -- the lower unemployment rate and sufficiently positive data was

enough for the fed to taper at the wednesday meeting. and she said the fed is not taking into account the potential costs of qe. and markets she said could sometimes get it wrong and the fomc cannot let markets dictate policy. let's talk about those comments that sue told us about from st. louis fed president jim bull hard in the past few minutes. he's talked but this is newer stuff today at 55. the recent surprises show that qe works. he points out there was a june surprise where the fed was more hawkish, rates rose. september surprise, more dovish, rates fell. that's how you would expect classic monetary policy to work. this show qe is like classic monetary policy. taper is tied to improvement in jobs and low inflation allows the fed to be patient. maria interviewed jim bulllard and asked if the fed could taper in october he said there would be more information. >> whether we can take action

there or not i don't know but it whiz a live meeting and possible we could move. >> see more of the interview on closing bell and her sunday show "on the money" and one more thing i'm sorry, sue. >> no. you're full of news today. >> bill dudley, we'll have that on tuesday. >> fantastic. look forward to that very much. >> always a terrific guy to talk to. steve, focus a little on washington quickly. >> we have to? >> i think we do. the fed is. i think -- i was very struck by the fact that they actually cited the discord in washington as one of the reasons that they chose not to taper. that should be a big wake-up call to congress but doesn't seem to be working. >> i want to throw the control room a curveball. if they could put up that countdown clock there, that's the most visual reason that we have about why the fed didn't taper. is the idea we're counting down to some form of a new financial armageddon and what the fed is saying, until that countdown clock is not put up or there's no real issue on the table

they're going to have a hard time reducing the stimulus to the economy because they're very much afraid about the effects this could have on the overall economy. >> all right. steve, thank you. look forward to bill dudley's interview. >> thanks. >> all right. the market doesn't have enough to worry about of course. yes, it does. it has an awful lot to worry about, given the confusion about the feds, confusion about the shutdown, add the comment from warren buffett on cnbc about the markets. >> the lower interest rates are, the more assets are worth basically and to the extent that qe 3 is keeping interest rates lower than they would otherwise it probably keeps asset prices higher than there were otherwise. if there are other variables. maybe because business is a lot better. there's more than one variable. really dozens. but interest rates are terribly important variable in the valation of assets. >> when you look around are there still deals you can see, like the deal with brian, with bank of america? do you still see good positions

or have stocks just moved too far is it. >> they've moved a long way. they were very cheap five years ago and ridiculously cheap and that's been corrected. they're probably more or less fairly priced. we don't find bargains around but we don't think things are way overvalued either. we're having a hard time finding things to buy. >> billionaire investor carl icahn thinks the market is fairly or fully valued. are they right? should investors sell now or are there bargains still out there? we welcome back andrew slimman with morgan stanley which has more than $2 billion in assets under management. you just made the point that something that warren buffett said. a distinct difference between fairly valued and fully valued. >> think about the fact that over the last 100 years the markets return about 9% to 11% on average, an average valuation would you take fairly valued, 9

to 11%, i bet you probably would. that's what he's saying. not undervalued the way in '09, five straight years of the market going up but not bad. >> it's not bad. do you think short term that this market is a little bit overbought? >> the market is up 5.5% or was through yesterday. in september it's ripe for bad news. no better time for washington, d.c., to create a little instability. i think we'll get another push up in the fourth quarter because basically the fed has stepped away and allows pes to continue to float high. >> you're more worried about q1 of the new year, why? >> because ultimately when the fed starts to change policy, it puts a ceiling on pe multiples. and we've had two key points of expansion this year and i bet we'll get another one before the end of the year. that's when it's hard to have the multiple expand after that if the fed is changing policy. i think that this year will continue to move up. next year might not be such a great year because tug of war -- >> difference between tapering and tightening though. >> yes.

but the bond market is pricing at the same way. look what happened to the bond market. the bond market priced it as if we're going to tightening. you a classic tug of war at this point where better economic data is offset by fed becoming less accommodative. >> what are you buying? you still like japan. >> yesp wi. even more so. >> more than last month? >> yes. >> i see the policies being put forth. it reminds me of ronald reagan in the '80s which was economy in malaise, unemployment not great. and yet, you have a leader that's stepping in saying yes, we have a debt problem and got to raise taxes but we're going to offset that with lower corporate taxes that are going to be inducing people or corporations to higher people and grow wages and smaller government. it reminds me of the early '80s in the united states. >> mr. aby has been successful so far. you like yahoo!. the new ceo is much loved for

the changes she's making. why do you like the company? >> i think you also, you know, your previous guest talked 24% of the company's value is in this ipo about to come. when you strip that out the stock is very cheap on a core u.s. operating business. and what's more important, growth stocks is where you want to be invested. technology has lagged the market over the last few years and because people have chased dividend yields. we've talked about that in the past. >> we have. >> and you know what's happened to that. that hasn't worked so well. we're starting to see growth pick up and before it's all said and done people will chase growth stocks and high-tech stocks like they did a decade ago and we'll have bigger multiples and why yahoo! is sitting there, like some of the health care and consumer discretionary. >> andrew, always good to see you. thanks for coming back this month. ty, down to you. >> all right. sue, for just a brief moment here, before we turn it back up there, because a bunch of companies have been making their debut on wall street this morning and dominic chu at our flash desk.

>> the ipo chatter is all over the board today. let's get you the winners first off. rocket fuel, the stock looks like it has rocket fuel in the tank. digital advertising company that uses artificial intelligence technologies soaring today, priced at 29 a share. the stock has pretty much doubled in value. cyber security company, the same story there, priced at 20 bucks a share and those shares have pretty much doubled in value. big first day ipo surges like that often raise questions about how good the pricing was. how accurate it was. did these companies and bankers miss out on raising more money by pricing these ipos too low? another ipo today that seems a little more ac crazily priced by market action is clubcorp, owner and operator of golf and sports clubs up around 4 or 5% after pricing at the low end of their expected range and today's loser comes bind thera puttics. by the way, on rocket fuel and

fireeye, if they can finish the day at these levels they would rank in the top five best performing one-day ipo performances this year. so tyler, watch fuel and watch fireeye for those particular stocks and as they approach the closing bell today. >> what a flurry of activity in the ipo space. dom, thank you very much. let's switch to darden restaurants going the other way taking a hit, a big one. the operator of olive garden and red lobster post lower sales because of what it says is the uneven economic recovery, higher taxes and intense competition for lower cost meals. brinker, a rival of darden, also down today by about 3% at 4116. zillow moving lower at this hour by about 8%. the real estate website falling after short seller sit tron research questions its business model noting that senior execs have been selling the stock.

zillow already up about 230% this year, sue. >> ty, a big day for apple and apple fans. the latest iphone 5 hits the stores today and cnbc has every angle covered. our john fortt live in palo alto, california. and courteny reagan live at a store in new york. john, first. >> sue, the line is still more than 50 deep here in palo alto and this store is already out of a major model. i'll tell you which one after the break. courtney, what's going on over there in new york? >> well, john, you know some of these iphone enthusiasts have been camping out here two weeks and walked away with iphones they didn't to pay for. i'll explain coming up on "power lunch." [ bagpipes and drums playing over ] [ music transitions to rock ]

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it is a big day for apple though the stock is moving lower, its smartphones the 5s and 5c is on sale and the stock at 4790.96. john forth in palo alto and courtney rag began is at the flagship store in new york city. john, you go first. >> tyler, the question at this point is, are these phenomenal lines because of constrained demand or because of outside demand or because of tight supply. we have a little of both. no preorders on the iphone 5s since the first one launched and

also, i mean, hey, we don't know how many iphones apple has available. i heard the line is still more than 50 deep but they're out of the 16 gigabyte model. a number are looking for 32 and some 64s. tim cook was here when this store opened to the delight of the crowd and, you know, a number of apple employees surprised to see him. he was happy about the way things were going. he said europe and asia had already had good openings especially japan. he said it's already been a good day, but the real rubber hits the road on monday when we expect to get a tally of those first weekend sales. then we'll know whether it's supply, demand or they're just selling a ton of iphones. tyler? >> thank you very much, john. let's go to courtney reagan in new york city. >> that's right. an apple product launch is like nothing else. throngs of apple enthusiasts

come from all over the place to wait in line, some camp out for weeks and it creates the perfect platform for a new kind of on-line marketing. we've seen trading companies like buyback world and gisele pepper the lines with branded t-shirts, tote bags, hats, even sponsoring the first few people in line to take advantage of the attention from passersby, joggers and media in the nation's biggest cities. >> they basically offered us a deal. we advertise their company, they pay us $800 each or to get whatever phone we want. >> jessica and her friend are iphone launch day veterans. in years past they proactively south out sponsorship from gazelle. this year they were approached by buyback world. >> we get food. we each get a phone. they provided us with t-shirts, sweat shirts, sleeping bags. and they told us anything you

need, let us know. >> they have an expense account for us and then we order whatever we want. >> reporter: so how much is this worth? well, secellular.com told us it invaluable. sue? >> that's great story, courtney. thank you so much. out west, colorado's flooding has triggered at least two oil spills and shut down undreads of natural gas and oil wells. nbc's joe friar is in longmonth, colorado, with what has been a really awful story. >> reporter: well, sue, the state is keeping an eye on ten oil spills in all, eight of them are considered quite minor but two of them are larger. one of them 125 barrels, the other one about 320 barrels. add it all up, that is more than 18,000 gallons of oil that spilled when the strong floodwaters reportedly cracked pipes allowing oil to escape.

the petroleum corporation reported both of these. one of them they were able to get the ab sore want booms and vacuums in the water to seep up some of the oil. this is an environmental concern. you're adding oil to floodwaters that are already contaminated with a number of items, including sewage. half a dozen inspection teams are out. they are assessing the damage and also assessing the environmental impact from these oil spills. cleaning these floodwater is not easy. back live behind me, underneath the bridge, you can see a trailer who has been sitting here for days. we talked to somebody who said there is an invaluable tool inside that trailer and it's going to be a challenge to get that out of the water. sue? >> all right. joe, thank you very much. we hope the conditions get better out there. syria, meantime is under pressure to dispose of its chemical weapons. easier said than done? cnbc's senior correspondent scott cohen has the story for us. hi, scott. >> hi, sue. syria did meet an important

deadline today turning over an initial assessment of the chemical weapons program to the international watchdog group, but that is the easy part. if you want to know what it takes to dispose of chemical weapons you don't have to go any further than right here in indiana. we'll have the story of why it is easier said than done coming up on "power lunch." (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow.

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♪ all on thinkorswim. from td ameritrade. syria as you may know is fa facing more deadlines to turn over chemical weapons. it seems so. cnbc's senior correspondent is in newport indiana with more on that side of the story. hi, scott. >> hi, sue. this was once one of the deadliest places on earth. it is the former newport chemical depot in hillsdale, indiana, outside the town of newport and was the main site for the manufacture and storage of vx nerve agent, one of the deadliest chemical weapons. a single drop can kill an adult in a matter of minutes. these igloos were built after 9/11 to give it an extra measure of security. a thousand tons of vx were stored here beginning in 1969

when president nixon score off the use of chemical weapons and it continued, you may remember if you're a long-time cnbc viewer we visited here back in 1997. at the time you couldn't get anywhere near the chemicals, were it not for wearing a gas mask, carrying an injection kit. it took another ten years after that to neutralize all of the vx under the international chemical weapons treaty and three years after that to turn it into what they hope will be an industrial park. take a look at the site today called the vermillion rise mega park and they are trying to redevelop 7,000 acres. all of the chemicals are gone. if they find anything there's a warranty from the federal government. you can get for yourself one of these big storage lockers here to store whatever suits you. in all seriousness they say the process here, a process that goes back some 40 years from when president nixon first swore off the use of chemical weapons

that shows why this is a whole lot easier said than done. >> i think those of us that have worked in this area feel it's the right thing to do and all the effort is worth while. but it wasn't something that could be done quickly or could be done without a lot of thought given to it. >> reporter: the u.s. actually still has some 3,000 tons of its 30,000 ton arsenal at sites in colorado and kentucky. it will be another ten years before they get rid of all of it. again, another reason why the process in syria is going to be a long road. back to you. >> all right. scott, thank you very much. scott cohen. gold prices are closing right now. what a week it has been for gold. bertha coombs tracking the action at nymex. >> what a roller coaster ride, tyler. one trader put it best, the fed fever has broken. all the gains we saw on wednesday following the fed comments pretty much dissipating here over the last couple of sessions. gold, silver and copper as well,

finishing to the downside. for the week gold actually breaks a two-week losing streak and is the best gainer among the metals. silver inching up but not erasing last week's 9% loss and copper also reversing some of last week's losses but not quite. back to you. >> all right. bertha, thanks very much. trading action here on the floor of the new york stock exchange with bob pisani. a half hour ago, this was stacking up to be an interesting close. >> quadruple as well as s&p waiting at the close and dow making changes, three stocks in, three stocks out. movement there. the whole hope is don't move the prices too much. good to have lots of volume and see if they can pull that off. the s&p 500 and essentially sitting at the lows for the day. bullard's comments this morning that initial taper could come in october, maybe a press conference, it wasn't scheduled, could be scheduled, now everybody is confused completely. i can tell you that here on the floor. government shutdown looming so the short-term catalyst is

negative out there. the hope is that will not happen. take a look, i want to show you one thing about fund flows. money keeps going into stock funds. bank of america had an interesting comment this morning, biggest weekly influence ever, you can measure these in different ways, but saying $26 billion, would be an all-time record and bonds outflows continue. bottom line, tyler, not great rotation maybe, but it's getting interesting right now in terms of money into the stocks and out of bonds and what i would like to know is, are we going to still see outflows and bonds even though they put off the taper at this point. i don't know. it's starting to get very interesting now. >> all right. >> and the rest of the day will be interesting too as you point out. bob, thanks. amazon, facebook, priceline hitting record highs. priceline above the $1,000 a share level. these aren't the nasdaq stocks you should be concentrating on. sheila disnhas that story for u. >> call it nasdaq 2. 0. when talking about the nasdaq

everybody loves to talk about tech names, but take a close look at the winners and a lot of names you may not have thought of. in fact, 14 out of the top 20 nasdaq winners year-to-date, nontechnology names and 8 of them consumer discretionary names, like green mountain coffee, starbucks, dollar tree, all gaining more than 40% this year. also on the winning side is the biotech sector, that index up more than 50% this year. companies like reagain ron, have seen big winners helped the nasdaq to a 13-year high this week. the number one winner on the nasdaq, tesla, that stock up more than 1,000% since its ipo. also hitting a new record this year. now, what gives with this trend? i've been speaking to investors watching these trends. what they say it's all about the new new, about people pioneering things in their field like a tesla or the biotech companies but notably missing the tech giants of yesteryear. google, microsoft, even apple nowhere to be found on this list. it's all about nasdaq 2.0.

>> sheila, thanks very much. to the bond market we go, rick santelli tracking the action at the cme. hi, rick. >> what a difference a week make. of course we all know we met the fomc committee and in some respects maybe they won. well they did if you were looking for rates to come down. if you look at a two-day chart, see earlier in the session we moved up, but the stocks have been drifting down so have rates. maybe just a wild week and flattening going on. down three basis points for the day. we're down about 16 basis points for the week. and you can see we are sitting on very crucial levels. as a matter of fact, many technicians are looking at the chart you're looking at and thinking it looks soft. look at the euro versus the dollar. sunday elections in germany. open it up, might not look like much for today but looks like quite a bit when you benchmark we haven't seen these levels since february. back to you. >> thanks very much. that election in germany is going to be key for the market as we go into the new trading

week. it's been said that google is one of the best places to work with perks like free food and laundry service, but now the tech titan is offering meditation. can silicon valley use extra serenity. google's zen master will join "power lunch" in a few minutes. can't wait. ♪ [ male announcer ] some things are designed to draw crowds. others are designed to leave them behind. ♪ the all-new 2014 lexus is. it's your move. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history...

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welcome backback to "power lunch." dividend use ramping up. according to data, 83% of companies in the s&p are paying dividends, the highest level in 15 years. run you through the big highlights. first, microsoft, boosting its dividend by 22%. yum brands and mcdonald's boosting theirs. texas instruments boost by 7%, their second boost this year. and perhaps a sign of better balance sheets and business outlooks a couple of companies have decided to reinstate their regular dividend payouts. "the new york times" company will begin paying a 4 cent per share dividend in october. that's the first payout since december of '08 and goodyear tire and rubber the board ou thors a nickel slated for

december, the first dividend in 11 years. they prefer those as a way to give capital back pause of the perceived regularity of payments. they may not be the most tax efficient way. they're taxed once and dividend payments taxed at the individual level. that's why many companies turn to share buybacks instead. >> indeed. understandably so. thanks. prozensa is getting hit hard in active trading down 68%. an experimental drug for muscular dystrophy failed to meet its goal in late stage trials. glaxo which is a much bigger company, not getting hurt all that much on the upside in the green. shares of rival serepta therapeutics is higher on the trading session by 17%. ty, down to you.

>> sue, this is the segment everyone down here at the new york stock exchange has been looking forward to all hour. here's the front for it. silicon valley known for its lucrative businesses and very generous employee perks but now, some companies, like google, are going beyond free lunches and they're offering meditation and mindfulness courses hoping it will increase productivity and make for a richer work place. more innovations, better bottom line. this is a former software engineer at google who teaches meditation to googlers. their zen master and author of "search inside yourself" a successful book. welcome, good to have you with us. >> thank you. >> you were employee number 107 at google. when you started there, did you have any idea that it would become what it became? >> not really. i mean, i knew that we were changing the world. i just didn't know what would happen to us as a company. >> now, if i were employed by google and i saw that you were teaching a course, what should i

expect when i walk in the room? >> what are you going to teach me. >> three steps. the first step is attention trading. specifically to trend ability to calm the mind. to bring the mind to a calm and clear state and to do it on demand. >> to it on demand. clear my mind, get rid of extrainings you thoughts. how do you try to focus me initially and then it takes practice, i'm sure. >> yes. initially bringing attention to the breath. every time it wanders away, bring it back. if you do a lot of this, you get strength biceps and bringing back the attention, every time you do that, you're strengthening the masses of attention a little more. >> and so i start by focussing on my breath, the inhale and exhale and focus solely on that. >> correct. >> what are the results of this? what have you seen in the work place in terms of employee engagement, innovation,

happiness, productivity, what does it do? >> it does a lot. the first thing it does it enables you to calm your mind in a crisis to think in the activity. that's one. also in addition to that, it creates a conditions for self-knowledge and self-mastery. and in addition to that, it create conditions for empathy and compassion. >> i want to bring in our friend kenny now, who has a mind that is cluttered. his mind is full of things. >> yeah. >> so many things. >> and i want you to see if you can help him. he needs help. >> you have to understand, i've been here for 30 years and such an energetic place you can't help be constantly going. >> if you can help him be calm in a crisis this would be good. >> i think i'm good in a crisis. >> bottom line to understand. what i heard what distinguishes the best tennis players in the world is the ability for them to rest their mind and their body between sets.

the 10 to 15 seconds between sets that can rest their body and mind which is why they can maintain peak performance. we're going to train you. >> right now. >> right now. >> okay. easy. three ways to do that. the first way is anchoring. in other words, your mind is like this. anchor it to the breath. sort of anchoring. just bring attention to the breath for ten seconds. that's one way. the second way is -- i forgotten the second way. the second way is resting. resting on the breath. and it's like pretending the breath is a resting place like a flower and the butterfly resting on the now remember where the butterfly is the mind. >> okay. >> the third way is being. so -- >> being? >> being. >> just being. >> being. sitting for no reason. sitting without agenda. >> right. >> choose either one or any combination for ten seconds. >> okay. >> shall we try something.

>> let's try. >> ten seconds. >> close my eyes. >> let's try this. let's try -- >> i'm going to try to. resting. the resting thing is simple, the mind is like a butterfly. the breath is like the flower. and the mind resting gently on the breath and just tell yourself, for the next ten seconds, there is nowhere to go, there's nothing to do, for ten seconds. that's it. try it now. and that was ten seconds. how do you feel now? calmer. >> you do feel calmer when you just pretend like nothing else is going on. >> good luck with that, kenny. >> look at my hands are going. >> sue and he are wondering does this work better than a gin and tonic. >> see you sit in silence with no agenda. >> that's almost impossible for me. >> i think there's a lot to be

said for meditation and that program, but i don't know, zen master, i think you've got your work cut out for you. >> i'm going to buy his book on my ipad. >> the zen master of google, folks. sue? >> all right. thank you, gentlemen. after a few quiet months infamous computer programmer john mcafee is sitting down and talking with cnbc and jane wells has that exclusive interview. jane? >> nam ma stay, sue. he's back in public, speaking at a tech event unveiling plans in silicon valley this weekend but he talked to us about mcafee the company, murder in belize, and you're not going to believe what else when we come back. [ tires screech ] ♪

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. all right. lows of the day for the dow jones industrial average, we are off 110 points now. the impasse in washington is where the sell-off really began. an we're now at 15,526.88. in today's yahoo! finance

question of the day, we asked, with warren buffett and carol icahn saying the -- carl icahn saying the markets are fairly valued. 38% say yes, i think stocks have gotten ahead of themselves. 28%, no, there are still bargains to be had. 41%, i'm taking a wait and see attitude. i know they'll have more on the market at 2:00 p.m. eastern time. mandy, over to you. >> you're absolutely right. the top of the hour, on "street signs," we're going to pick up on what the view is and also pair it with what the traders are saying about the market value right now. also, is congress really going to shut the government down? and to what extent are we seeing an economic indicator in the lack of sales at the all you can eat buffets. those things that have caused lots more coming your way on "street signs" in about ten minutes time from now. back over to you. >> we'll see you then. it's been a while since the world has heard from eccentric millionaire john mcafee but he's speaking exclusively with jane wells and he she's here with the

details. hi, jane. >> hi, sue. john mcafee unveiling plans for a communication's tech he's developing in silicon valley. in an interview i asked mcafee about mcafee the anti-virus company he created, left and now mocks on youtube. >> i don't use the software myself. i haven't used it for years. >> mcafee updates at horrible times. almost like the creators want you to die. >> i wouldn't say it's an embarrassment. when i ran the company it was one of the most well-respected pieces of software. we have 87% of the world market. my customers were satisfied people. now it has a reputation of being a memory hog, a resource hog. if you want protection you have to pay a price. mcafee, i think you have to pay a little more than you should. >> mcafee insists he did not murder his neighbor in belize, though the case is unsolved. >> who killed him? >> i have no clue. >> no clue at all?

>> you know, belize is the murder capital of the world. if you look at statistics more are murdered per capita in belize than anyway. >> reporter: seen here with his new wife janice, would like breaking bad's brian cranston to play him where he faked a heart attack in guatemala to avoid extradition to belize. >> my lawyer had come in and said i have a stay until 12:00 noon tomorrow. i will file an appeal at 3:00 p.m. at 3:00 p.m., it will be years before the government can unwind the legal. between 12:00 and 3:00 you're on your own. do you understand? i go, i understand fully. i had a heart attack, he called it anxiety, makes no difference, i fell on the floor, took me to the hospital, at 3:00 i felt fine and went back to my cell. >> maybe you should play yourself in the movie. you don't need brian cranston. >> next on "street signs," would

anyone invest in john mcafee? guys? >> all right. jane, thank you. for the past year and that we will talk about in the power rundown next. nt but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. nice car. sure is. make a deal with me, kid, and you can have the car and everything that goes along with it. [ thunder crashes, tires squeal ] ♪

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president obama getting ready to speak at the ford assembly plant in liberty, s missour missouri,. he took a tour of that facility and expected to make remarks on the economy. we'll monitor those and bring you the headlines as they warrant. ty, down to you. >> all right. that brings us rather logically to our first topic in today's power rundown. bob and michele are our partners today. the debt limit deadline looms. we've seen this drama before. just days away. michele, are we going to go off the cliff? is the government going to shut down? >> i hope not. i hope not. i actually think that's what the president wants because he thinks that republicans would get blamed for it, so i think the positions that he has staked out have been meant to drive them into a position where he thinks it's going to lead to a government shutdown. i'm not sure his political

calculus is all that it useden to. the same man in the wake of republicans supporting him on syria, the minute that problem goes away, turns around in the middle of a shooting of 12 people, begins to attack them constantly. i don't think this man is interested in compromise. >> my sense is that this will continue into the weekend and i think a deal will get done as well. but remember, this is all about defunding obama care, essentially at this point, and then we go back into the discussions on the debt ceiling again and they'll drag that back in. we're in for another two weeks of uncertainty about this. >> i read one story that indicated i believe in the "wall street journal" that it's like the republicans, michele, flying zeros into a legislative wall because they know that the senate isn't going to go along and he's going to veto anything that ties the debt ceiling or the continuing resolution to defunding obama care. >> well, yeah. look, a lot of people would say republicans are crazy for trying to do this over and over again, but you can turn around and say,

he may be crazy because he keeps trying to push an agenda so unpopular with the american people. >> let's move on to something that is a little more popular, i guess, that is the new iphone. wall street has been beating up on the new iphone, but consumers do seem to like it. maybe sales are going to exceed expectations, bob? >> yeah. i am delighted to hear this. i'm an apple fan. i have a 4, i'm going tonight to get mine. i'm not sure i will be able to. i'm going to go to the apple store in philadelphia. poeg was just ecstatic about it. mossburg said it is still the gold standard for high-end phones overall. it works because the reason people buy apple, the hardware and the software is integrated and it's expensive and you get what you pay for. >> michele? >> i just don't understand why anybody caves to analyst expectations at this point when it comes to apple. they seem to be wrong over and over -- this is going to be -- this is not going to be that good and then it turns out to be great. >> all right. let's turn to a company that has

been criticized not putting customers first. ryanair's new strategy to be nice to customers. they've taken some hits. michele, have you ever flown ryanair. i never have. a budget airline in europe. >> i have and i've interviewed the ceo when i filled in on poig. he's a serbic and i like him a lot. he insults a lot of people but takes no prisoners. wouldn't surprise me they have an attitude problem. he's a tough customer. >> the airline that was going to remove the rest rooms from the planes. >> they still had two left. >> or carriage to use the rest room and they scoffed at that. >> it's like a short haul flight and we don't serve that much. you don't need the third bathroom. we have two. >> they were going to keep a couple. >> still have bathrooms. >> i'll give them that then. thanks very much. everything from the debt ceiling to the commodes on airliners. you don't get that on any other program but "power lunch." sue, the biggest stock winner next.

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>> the markets on its lows of the session, down 114 points, the low of the day. off three quarters of a percent.

s&p down.5%. nasdaq down. biggest winners, terra data, super value and hewlett-packard on the trading day. terra data up 2.5%. that will do it for us. >> that's right, sue. see you next week, everybody. thanks for watching. "street signs" begins right now. >> are stocks overvalued? the nasdaq is up about 20% this year and some billionaires are saying that bargains may be gone. we're going to dig in and we want to hear from you. tweet us what you think. the i-fans lining up for iphones. enough to ripen up shares of apple or is america suffering from smartphone burnout? are the dodos in d.c. bird brained enough to shut down the government? an interview you cannot miss. jane wells sitting down with software guru