joe, your final trade? you won the debate, by the way. >> final trade, i'm so proud of the boys. we closed out yankee stadium last night. great win for the mites. love those kids. >> "power lunch" begins now. "halftime" is over. "power lunch" and the second half of the trading day start right now. >> thank you very much. there are problems in the panama canal. we have it covered for you. how might those problems affect imports and exports from and to the united states? a new wave of foreclosures may be about to hit. it may hit unless, unless congress does something. when might it move? what might it do? can this possible wave of foreclosures be forestalled? and keeping secrets, money

secrets, from your spouse. we call it financial infidelity. you would be surprised how many people, men and women alike, do just that. they keep secrets and it can really end up hurting your financial well-being. we will go to sue at the new york stock exchange, but first, to morgan brennan with a market flash. >> check out caesar's entertainment, up on news of a financial restructuring. dow jones saying the company is not facing imminent bankruptcy but is battling a hefty debt load. the stock is down about 3% right now. back to you, sue. >> thank you very much, morgan. we appreciate it. we start out "power lunch" with a major plus for american manufacturing and a major question mark as well. u.s. automakers making basically an export milestone. phil lebeau is covering that for you. there are problems at the panama canal and jane wells is on that story. let's take a look. a live shot of the panama canal

from the panama canal's own web cam. there's a huge construction project that had to be stopped in the middle due to disputes and cost overruns. the final goal is to make the canal larger to accommodate asian super tankers. jane wells joins us in l.a. you covered the panama canal before. give us the details on what this means for the u.s. as it pertains to imports and exports. >> reporter: well, it's all about location, sue. these plans to get these bigger ships going through the canal by next year to the east coast are now in flux as work has stopped because contractors refuse to keep working after canal authorities balked at paying $1.6 billion in cost overruns. let's look again at that live picture. you see nothing happening. there is hope these talks will resume this week to break the deadlock. by the way, the contractors underbid everyone by $1 billion so gee, $1.6 billion in cost overruns. this stoppages a blow to ports on the east coast which are spending big to prepare for the larger ships. in savannah, the fastest growing

port in the country, authorities have spent $1 billion in upgrades and are planning to spend more once dredging starts later this year. >> any delay in the canal's expansion just limits our competitiveness not just here in the state of georgia, but really in the united states, east coast and gulf. it's about bringing better economies of scale to commerce overall. >> reporter: the delay in the canal expansion also impacts u.s. ports in the gulf which want to ship liquefied natural gas to asia so it affects imports and exports. most hope it's just a temporary blip. authorities say if they can't come to terms with contractors, they want to cash in their insurance policy and find someone else to do this. zurich, the insuror, may not want that to happen. back to you. >> i'm sure they don't want that to happen. thanks, jane. we'll keep a close eye on that. anybody who ships cars like the u.s. manufacturers are watching this situation in panama very closely. phil lebeau is covering another

angle for us on exports and the u.s. automaker exports are doing so very well at this point. >> i don't think many people realize that for many companies now, exporting out of the u.s. makes a lot more financial sense and that's why the u.s. set a new record when it comes to auto exports in 2013. how great was the increase? so great that there are more than 130,000 toyota models built in the u.s. being exported. honda is now a net exporter of autos in the u.s. what we have seen from honda, toyota and other foreign automakers explain these numbers. exports up 3.9% to $152 billion, a record high. keep in mind, imports for autos up 3.5% to $309 billion. why are we seeing imports continue to grow when it comes to the auto industry? nissan, honda and audi are all adding plants in mexico. we were down there a few months ago.

mexico is now the world's eighth largest auto producer and the fourth largest auto exporter, increasingly automakers are moving production particularly for smaller vehicles down to mexico, and many of those vehicles, the majority of those vehicles, are winding up here in the united states. by the way, want to take a look at shares of tesla. take a look at this stock over the last six months. this stock is now at an all time high, just under $200 a share, shooting up more than 5% today. lot of things to keep in mind with tesla. one of them being that it is soon going to be exporting vehicles already in shipment over to china for sale in china. that will be adding to the auto export numbers for 2014. tyler? >> phil, thank you very much. barclays, the big british bank, out with earnings today. they were down by about 25% from a year ago but most of the attention focusing on this. a data breach at barclays. british media are reporting that

the breach is severe and that british authorities have been brought in to investigate it. the data that apparently has been breached includes such things as passport information, national insurance card information and other personal items. very serious stuff involving barclays. they are looking at that over there. thousands of customers may have been impacted. >> story we will continue to follow. seems to be coming more and more common. we are down about 18 points on the dow. dominic chu is here. not a bad way for the bears or the bulls to start a monday off. >> you can't really blame any of these traders here. i have spoken to a ton of them. they all say we're waiting on janet yellin's testimony for tomorrow. this is very much a holding pattern for the markets, a wait and see market. the s&p 500 has traded within a five point range all day today. the dow, maybe 40, 50 points. this is not a market that wants to do anything until it gets some certainty about what's happening.

>> yellen is the perfect excuse to sit on your hands today. >> until tomorrow. right. there are some industries on the move. if you take a look at the more cyclical sectors, they are to the down side a little more than the others are. a few industries in particular, housing has taken a bit of a shot more so than other parts of the market. names like d.r. horton, pulte homes. if there are concerns about the economy, those tend to get a little more hit than others. also take a look at building products companies. they report after the bell today, masco. also, gm, another sign of weakness. and of course, others as well. there is action, just not as much in the overall market. got to pick certain sectors. >> just wait until tomorrow. it will be a different story. all right. a market flash now with morgan. oh, market guest, i'm sorry. morgan, we will get to you in just a second. we do a lot of market flashes. let's talk about the market at this point. joining us is michael farr, a cnbc contributor, and also

joining us is kevin monn. welcome to both of you. dom set the table for us given that we have ms. yellen's testimony coming out tomorrow. if you look back at last week's action, does it tell you there's more of a correction to go or have we bottomed out? you are generally bullish into the end of the year. >> i still think we will finish with the high digit gain. we will defy the january barometer effect. if you believe that down 3.5%, we will get to 8%, that suggests we have another 12% upside. i do think there's upside but there's more pull-back in the market because we haven't reached any conclusion around the debt ceiling and the market needs certainty with janet yellen. >> michael, does that go with what you're looking at? you hold your stocks for a long period of time so what are you doing in this market cycle? >> taking very deep breaths.

getting through this period of a pull-back which does kind of seem normal. so many people are expecting a 10% pull-back. i tend to think we will probably not get one whenever everyone agrees on something. perhaps more than 10% or falls short of that. i think the trend until further notice seems to be down right now. janet yellen tomorrow strikes me as probably a nothing burger. we'll see, but her testimony is embargoed from the media until 8:30 tomorrow. so they are going to release her testimony prior to the open. therefore, i think it will be incorporated into trading so i don't expect the volatility, if the traders are waiting on it, i think they will be disappointed tomorrow. >> given that, kevin, what do you put your money into if you are either like michael, a longer term investor, or you manage money for people longer term, or if you want, maybe you trade a little bit more often. what stocks would you be looking at at this juncture? >> this is the year for

diversity indication. people forgot about asset allocation when the market was up 30% plus basically by investing in u.s. large cap. now you have to look to alternative asset classes like gold, like reits once again. we think there is more upside potential in europe than the u.s., even though we are bullish on the u.s. there are opportunities but you have to be nimble. >> you like northern europe, specifically germany? >> well, i think that probably changing around hasn't made me or my clients a whole lot of money in the past. making sure you understand what you own and buying growth and having a good strong diversified portfolio still makes more sense than trying to chase a trend. so my companies like johnson & johnson at 15 times next year's earnings with almost 3% dividend and aaa balance sheet, i own google, i own some tech names, i own net app, i own jpmorgan.

i'm not recommending the purchase or sale. but a good core portfolio with exposure to the international markets, growing earnings without too much debt and a little bit of a dividend makes a lot of sense. >> quickly, any individual stocks you would be putting money into now? >> not individual stocks. i would say the housing recovery isn't over. if you want to invest in that real estate market, that's -- >> at the rates? okay. thank you so much. ty, up to you. janet yellen, one big story this week. people yelling about the weather, that's another big story. atlanta is about to get a second chance to prove how well-prepared they are for a tough winter storm. then that weather is supposed to move up and east into the northeast. here's the weather channel's tom niziol. >> talking a large area of high impact winter weather for the southeast through the midweek here. let's take a look beginning with tomorrow. a large area, wintry precipitation all the way from the arklatex up off the east coast here.

the most significant area for icing i'm concerned about is right back in this region here that runs from northern louisiana through mississippi and into alabama. to the north of that, a lot of wintry precipitation but temperatures mainly above freezing during the day on tuesday. here's where we get into real problems. that's going into the wednesday time frame here. because by wednesday, we get more colder air really coming in down at the surface here, well below 32 degrees. we've got this stretch from atlanta up through charlotte, very highly populated region, that could see enough icing, enough freezing rain, to not only cause widespread travel issues but we could see power outages as well. north of that it's going to be cold enough to see significant snowfall across the interior carolinas up through the western virginias, as much as several inches. winter storms packing a one-two punch through midweek. back to you. west virginians still very nervous about the safety of their water. we are getting a big update today. that is next. plus, is another wall about to cave in for the housing

market? diana olick on the case. >> a wave of foreclosures may be about to hit the u.s. again but could be stopped if congress does something. if they don't, we'll see what the impact will be next on "power lunch."

welcome back to "power lunch." a stock we have been following all day, apple. carl icahn backing off his high profile campaign to get apple to buy back more of its stock. in an open letter to apple

shareholders, icahn said we see no reason to persist with our nonbinding proposal, especially when the company is already so close to fulfilling our requested repurchase target. ica icahn's statement comes a day after iss said it recommended that apple shareholders vote against icahn's buyback proposal. where do analysts stand on apple? 28 buys, nine holds and two sells. tyler? >> thank you very much. to the health of housing and without action from congress, the nation may be headed for a new round of new home foreclosures. diana olick is covering it for us in washington. >> short sales and mortgage principal reduction which helped millions of borrowers avoid foreclosure in the past six years are both debt forgiveness. that's usually taxable as income. but congress passed an exemption in 2007 as part of the housing bailout so borrowers could get relief tax-free. that expired six weeks ago and has still not been extended.

now borrowers like tony are on the hook, after three years he finally got his short sale approved about a month too late. he could now owe the irs around $30,000 which he does not have. >> now with this debt relief act not being extended as of yet, i'm really nervous now. i stayed up late at night trying to, you know, just can't sleep at night. it's causing a lot of stress. >> remember, the banks were actually mandated to do principal reduction and legal settlements with the state attorneys general and that's why foreclosure numbers are down, 28% from a year ago. if you think the crisis is over, think again. there are still 3.24 million delinquent loans out there plus 1.24 million in the foreclosure process. add it up, 4.5 million loans

that could be helped by either a short sale or principal reduction. there is a bill in congress to extend the relief but so far, no movement at all. tyler? >> sticking with real estate, from the vicarious voyeur department, here are a couple listings in sales. ralph lauren's son david and his wife, lauren bush -- she would be lauren lauren. granddaughter of president george h. bush scored a manhattan townhouse for $28.5 million from none other than the famed photographer annie liebovitz. 10,000 square feet, seven bedrooms, 13 fireplaces. that's a lot of wood. and multiple gardens in the heart of greenwich village. my high school class mate in arlington, virginia, google's r eric schmidt picked up gregory

peck's home in holmby hills. the realtor who had the listing on this estate was on "power lunch" not too long ago when it was priced at $24 million. now it's going for $22 million, proving that even billionaires like eric like a good bargain. >> heavy sigh. heavy sigh. let's get the headlines in for you. mcdonald beating global same store sales estimates for january but sales in the u.s. fell for a third month, coming in way short of expectations. the stock is handling it pretty well. it's not even down a percent yet. auto navi surging by 23%. alibaba looking to buy the provider for $21 per share, a 27% premium for friday's closing price. and green mountain in the news again. it's partners with krispy kreme, signing a deal to bring the

k-cups to green mountain's keurig's brewing system. ty? the water crisis in west virginia is far from over. a hearing is underway today into that contamination mess in the mountain state. hampton pearson is live in washington. >> reporter: that hearing wrapped up a short while ago and nearly one month after the massive chemical leak was discovered in charleston, west virginia lawmakers convened a hearing in the heart of the spill area looking into the cause and possible solutions. but a panel of state environmental officials and even the head of the leading water company all hedged when asked is the water safe. >> as a water company, we don't set the safe standards, but we are in compliance with all the standards set by the health-based agencies. >> i believe the water, based on the standards we have, is usable for every purpose and that includes drinking, bathing and cooking. >>. >> reporter: so one month after a chemical spill that left at least a quarter million people without drinking water, there is still a lingering smell that

even led to school closing last week. that odor comes from one of the chemicals used to clean coal that leaked into the elk river and into charleston's water supply. officials at today's hearing say the water is usable despite the smell. so why didn't officials shut down the water system at the time of the original incident? >> our system on january 9th was not -- would not support any length of shutdown. in fact, if we had shut down the facility, we would have been out of water in areas within 15 minutes to two hours. >> not surprisingly, west virginia lawmakers say this type of incident should be eligible for federal national disaster type relief to cover cleanup and water testing costs. >> hampton, thank you very much. one way to invest in water stocks is the guggenheim s&p water index. it is up 16% over the last year. sue? the short term unemployed versus the long term unemployed. what are the big differences between the two? steve liesman will join us with some new research.

plus, the ipo market still on fire despite that volatility out there, right, seema? >> that's right. going public is hot. 2014 has been a real record setter so far for ipos. let's talk about which sectors are winning the race and who is in the pipeline. hey kevin...still eating chalk for heartburn? yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief!

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welcome back to "power lunch." i'm morgan brennan. check out a couple cybersecurity stocks, both trading higher. we begin with palo alto networks, in talks to buy an israeli security firm for between $100 million and $150 million. separately, fireeye moving higher after wells fargo began coverage with an outperform rating and a price target between $83 and $87 a share, calling the company a quote, once in a decade opportunity. sue, back to you. >> thank you very much. going public is hot. volatility or not, 2014 is off to a record start for companies listing on u.s. exchanges. seema mody is on the case for us. >> the recent volatility in the stock market is not slowing ipo activity. so far this year, 28 companies have gone public, raising $6.8 billion. that data according to d-logic. that's the best start to a year since 2000. almost half those ipos have been

in health care, specifically biotech. analysts say the outperformance of the sector is a reason more biotech companies are going public. even though the market is down about 3% this year, the market turbulence hasn't had a major impact on the ipo market so far. what's more, these recently public stocks are doing well, averaging an 18.4% pop on their first day. historical average is about 14%. renaissance capital points out that a number of ipos have shown strong follow-through beyond the first day. nine deals with expected to price this week including eagle pharmaceuticals, flexion and concert pharmaceuticals. watch out for those. the fed chair, janet yellen, getting ready to get grilled on the hill tomorrow. her maiden voyage there. first semi-annual testimony to congress about the state of the u.s. economy. jobs of course bound to be a major focus in light of the past

couple of rather weak reports and last week's word out of the cbo that obamacare was going to cost jobs. we will look now into the differences and some new data on the long term versus the short term. >> this is a huge story. all the economists are talking about this. two very different experiences out there, with big policy implications. how much slack is there really in the jobs market? let me go to some of the charts here and i will show you the different experience. the blue line is if you have been out of work for 27 weeks or longer. what you see here is that unemployment rate is a lot higher on the one level and quite a bit above the historical average on another level than it is for those who have been out of work five to 15 weeks. the unemployment rate more than double that. it's come down sharply, but the reasons why it's come down are very different. in a nutshell, these folks are going back to work. these folks, not so sure. we will show you the other

research. president obama's former economic advisor sharing some data with me that he's working on a paper for brookings on. here is your chance of getting a job if you have been unemployed less than five weeks. pretty high, about one in three every month will go back to work. how about another cohort. let's look at if you're unemployed five to 14 weeks. somewhat less but still a decent chance. how about the next tier. if you're 27 to 52 weeks, less than a 10% chance, about 12% chance of going back to work. you can see this is well below the historical average. these chances should be higher. now, the next thing which is the most important part. what's your chance of dropping out of the work force entirely. less than five weeks, not so much, coming down right there. how about the next group? again, five to 14 weeks, not so much chance of dropping out. how about the next group. there it is. right here, 27 to 52 weeks. all about the same place, but where are they going. this is the key to what alan kruger, some of the work he did.

back to the historical average. you can see more people here should be dropping out than are currently dropping out, and what that means for the work force, fewer people will be coming back. there's a notion out there that there's lots of slack in the labor market because these folks, 27 to 52 weeks, will be coming back. alan kruger suggests maybe not because the historical average of dropping out is much higher and their chance of getting a job, not much more. >> i am trying to wrap my head around this. in other words, way back here, in roughly 2,000, a lot of people dropped out. and stayed out. >> now you have another question. >> give me my other question. >> why did that decline so much? kruger thinks it's because of unemployment insurance. he thinks that kept these folks in the work force looking for a job. now that that's rolled off, he thinks -- >> it may go back up. >> alan says -- he's still writing his paper. he was kind enough to share his

data with me. he says get used to the new work force, where you will have a lot of people out of work, out of the labor force, then for normal people, i don't mean the other people are abnormal, what i mean is for people who lose their jobs, pretty rapidly getting back to work. they won't enter long term unemployed. it will be a normal market for them but a very different market for those out of work for a long time. >> the number that's drawn a lot of attention lately on labor force participation, that will continue to be low. >> it defies the concept of those who think that number's going to come back up. this is very important for janet yellen tomorrow, if she's asked, what about the aca people leaving the job market and what about the outlook, is maybe the market a little tighter than we thought because of that. >> very interesting stuff. thank you very much. sue, down to you. >> that is interesting. sobering as well. let's take a look at the gold market. we had a higher close as we went into the close now. the gold market is up $12 on the day. silver had a decent gain as

well. that's a 1% move to the upside in gold and close to that in the silver market. copper declined slightly as did platinum. platinum basically flat on the trading session. all right. to the bond market right now and let's focus on interest rates and currencies with rick santelli at the cme. ricky? >> thank you, sue. indeed, after the weak employment data, we hunkered down into a very tight range in the upper 2.60s with tens and the relationship with stocks is still holding. as you see on this chart, the dow versus the ten-year note, individually, you can see the ten-year didn't quite get over 2.70. open the chart up year-to-date, it's still been all downside. the 38% retracement of the entire move from new year's eve to lows of 2.58 on the 3rd of february comes in exactly at 2.75. now let's look at a chart, and this is really fascinating, the dollar/yen, because the dollar's a little lower, stocks are a little lower. that relationship not as momentum-driven as it was but

still working. the last chart continues to be a big topic on this floor after the downgrade, of course, puerto rico second of the rating agencies, moody's, on friday. this is the mub etf and it's hovering close to the best levels in over six months. very counterintuitive. tyler? >> rick, thank you very much. tonight starting at 5:00 eastern time, i'm really sincerely excited about this, curling takes center stage on cnbc for the winter olympic games. i'm excited because i tried it and it is hard and it is fun and they typically have a bar. michelle caruso-cabrera is live in sochi. >> reporter: that last factor being the most important, of course, tyler. when you see people like jamie anderson or sage kotsenburg with gold medals over the weekend when it comes to slopestyle or snowboarding, those kids can practice all the time because there is so much sponsorship money. not the same when it comes to curling. these guys got to earn their

sweep. coming up on "power lunch" we will show you they're not just full-time curlers. most are also full-time employees.

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welcome back to "power lunch." i'm morgan brennan. sprint and t-mobile are moving lower, this as sprint reportedly having second thoughts in its bid for rival t-mobile after learning that antitrust officials are against a merger of the two. according to a report from the "wall street journal" sprint was surprised by the level of opposition they found when meeting with the federal communications commission. sue? >> morgan, thank you. well, the 2014 winter olympic games are well under way. let's get you caught up on the medals count. the netherlands is leading with three gold medals. there's a massive tie with two gold medals each for the u.s., canada, norway and germany. wow, ty. fantastic. >> always good to see the u.s. doing well and my norwegians up at the top there. seven medals. of course, they invented a lot of these games. they ought to do well. very small country, about 4.5 million people. tonight at 5:00, curling takes center stage on cnbc throughout the olympic games. in fact, the u.s. is playing

norway tonight in curling. you will see it. michelle caruso-cabrera is in sochi. curling isn't like ice hockey or skiing. it's not exactly a speed sport. sponsors are few and curlers have to work for a living. what do they do? >> reporter: yeah, a lot of things. they own restaurants, one works at general mills, one's a science teacher. that's important to keep in mind. when you see team usa tonight square off against norway, very crazy pants, by the way, when you see them face off, remember these guys aren't full-time curlers, they are also full-time employees. team usa is taking it to the sheets. the field of play in curling is called a sheet as in sheet of ice. four american men and women hope to sweep to victory. >> it's not really that complicated once you get the hang of it. >> reporter: it's a sport with a lot of personality and a growing american fan base. >> when you started playing you used to say i'm going curling and everyone would look at you, what is that.

now when you say i'm going curling, almost everyone in the united states knows what that is. that's amazing transition in a pretty short period of time. >> reporter: there's not a lot of corporate sponsorship in curling so almost all the players have day jobs. >> engineer. >> i work full-time at general mills. >> junior high science teacher. >> reporter: craig brown sells curling supplies. what's the biggest challenge running that business? >> customs. >> reporter: why? >> just because everything comes -- nothing is made domestically so everything comes in via the canadian companies, produced in china. so customs paperwork for small businesses is a huge headache. >> reporter: you hope for a day when some day there is so much corporate sponsorship you can just do curling? >> dreaming of it. it's right there. >> reporter: color commentator and former curler john benton says it's due to more and more tv coverage at each subsequent olympics. >> the growth has been unbelievable. i think somewhere between 50%

and 60% growth since 2006. it's been amazing to see what happens when people watch curling and get to experience it. >> reporter: tonight when you watch curling, it's taking place in a venue called the ice cube. what makes this interesting is that it's actually transportable. you can deconstruct it and move it to different parts of russia, so to speak. it cost $14 million. this is a growing trend in olympic venues. there have been so many stories about old venues that never get used again, become just derelict buildings. they're trying to avoid that. we saw a little of it in london and now are seeing it here in russia as well, to make it more useful in the future. sue, tyler, back to you. tyler, you are norwegian, you got to watch the norwegians tonight. they have crazy, crazy pants. >> they really do. they absolutely do. >> who said we norwegians don't have a sense of humor, that we're not funny? we are funny. come on! >> you don't see tyler from the waist down but he has crazy pants, too. >> he always has crazy pants on,

too. i know you tried curling and you know how hard it is. you do yoga so you are limber and can get on the ice and do all that but it's hard. >> reporter: it's really, really hard. >> yeah. ty and i took our chance at it to get our very own private lessons in curling. we went to the south plainfield curling center. they were wonderful. it's a lot harder than it looks. take a look at that. that's all of our kids, jackie, vicky, daniel. >> let me just say that sue was a great stoner. i excelled at the sweeping part of it. there i go. that was not i. i don't know who that was. there's dylan sweeping away. >> look at you, ty. >> you need some lunge work there, tyler. >> i really do.

>> once i got down on the ice they had to help me off the ice. >> reporter: it's hard. it's hard. watch curling, everybody. >> reporter: you'll have greater appreciation tonight for what they do. >> absolutely. go, team usa. sorry about that for the norwegia norwegians. tune in tonight. curling, only on cnbc, 5:00 to 8:00 p.m. eastern time. once again, our thanks to the plainfield curling center, the south plainfield curling center. they were just terrific. >> our coach, former u.s. champion who was there for us on that day. from curling to financial infidelity. there is no way to make that right turn gracefully. what type of cheater are you? what spouses are doing and how they are doing it. plus, lessons from the rich. what can the wealthy teach us? robert? >> we tend to think of the rich as big spenders and big earners but a new study says the number one way to become a multimillionaire is to save.

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coming up on "street signs" the top of this hour, nearly $1 trillion worth of advice on our show. an exclusive with the ceo of netixus. why boring old tech is suddenly looking a lot more sexy and apparently the rich are selling stocks to buy another asset class. we're not talking about bonds. not even talking about yachts. talking about something else. that and lots more coming up top of the hour in about 15 minutes time. back to you on "power lunch." >> thank you, mandy. so who is the best hedge fund manager in the world? george soros' quantum endowment fund has been named the world's most successful hedge fund. it's now private, only manages family money. that after it gained $5.5 billion in 2013. according to a study by lch investment, that brings the total gains since inception to

$39.6 billion. quantum overtook bridgewater pure alpha. >> what can we learn from mr. soros? i guess a lot of things. robert frank is here with the number one lesson we could learn from the rich and it is so intuitively simple that you kind of go oh, my god, why didn't i think of that. >> sort of. we often hear the way to get rich, like soros, is to earn a big salary or cash out in a business or make a big trade. a new survey shows that most millionaires take a different path. survey from pnc wealth management looked at those worth $5 million and more and asked them about the top factors in their financial success. the number one response, saving early and regularly. that's the power of compounding. ranked second was making smart investment choices. of course, watching cnbc. now, third place, quote, earning a lot of money. that's followed by controlling

spending. only 12% received an inheritance so so many of today are self-made millionaires. when asked about the number one influences on their success, 63% said hard work. only 9% cited luck. millionaires seem to be changing their priorities slightly. ten years ago, accomplishment and achieving more in the future, that's what was important. today, it's about enjoying life and living a more healthful life. at least that's what they say. >> that's a very interesting survey. saving is number one. saving early. the miracle of compound interest. that's what does it. >> very basic. >> thank you very much. if you entered the magnificent institution of marriage, you should check this out. more spouses are cheating, cheating financially. it is a great article written and up now on cnbc.com. kelly grant penned the piece. what are the tell-tales of a financial cheater? >> you know, when you get married they tell you need to know two phrases, yes, dear and i'm sorry and the big one you

want to watch out for if financial cheating is a possibility and that's none of your business. if your spouse is hiding bills or just doesn't want to show you, are refusing to talk to you about anything money-related when you merged finances, that's a big red flag. >> what are the most common ways that spouses cheat on one another financially? >> the big one, this is with 53% of people that said they did this in a new study from the national endowment of financial education, are hiding minor purchases. that's at least the good news there. we are seeing fewer people that say they are hiding a bank account, although about a 10% of them still do that, about 23% have hidden a financial statement or bill. but the big shift from the last time they did this study was that more people are lying about big things like how much debt they have or how much money they earn. >> oh, really. >> still a lot to watch out for. >> the most common is lying about a small purchase. people feel guilty or they don't want their spouse to know that they splurged on a pair of shoes or something like that. is this something that more women do than men?

>> well, another american express study found that more women cop to hiding the small purchases than men so yes, we -- the ladies are guilty of hiding the shoes, hiding maybe how much they spent on manicures but men do it too. financial planners say men are embarrassed the hobbies they have, if they're into comic books, they don't want you to know how much they spent on golf clubs, maybe they will hide those purchases. >> let's go to a yahoo! poll question of the day. do you hide your finances from your spouse. 11% say always. 64% say never. 16% say it depends on the purchase. okay. 9% say no. i suspect my spouse might be. engaging in financial infidelity. what is the therapy for this? >> well, honesty is the best policy. it's what we are hear from all the planners. you are more likely to have a good money relationship with your spouse if you're sharing everything, that might be a joint account where you can kind of see what's coming in, what's going out or really just having

some sort of must talk about threshold. if you want to have the freedom to spend $100 without talking to your wife about it, that's great, as long as you two have discussed that, that that's sort of your amount of fun money every week, every month, whatever. >> thank you very much. >> thank you. >> appreciate it. to morgan brennan for a market flash. >> check out carlyle group. the car parts maker agreed to buy carlyle's advanced technologies for $1.9 billion. they employ 9,000 workers at 27 plants worldwide, producing industrial hoses and belting. carlyle bought veyance in 2007 for $1.475 billion. carlyle is trading up about 1.3% and is at $35.08. sue? facebook's sheryl sandberg wants to change the image of women in the world. aol's ceo now backtracking on 401(k) changes after his comments caused outrage.

may be good for employees but is it good for shareholders? and the popular flappy bird game app grounded by its creator. there's a saying around here, you stand behind what you say. around here you don't make excuses. you make commitments. and when you can't live up to them, you own up, and make it right. some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where it's needed most. but i know you'll still find it when you know where to look. in a we believe outshining the competition tomorrow quires challenging your business inside and out today. at cognizant, we help forward-looking companies run better

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it is power rundown. joining me at post nine at nyse, dominic chu and kayla tausche. we have fantastic topics to talk about. first up, sheryl sandberg's lean-in nonprofit is now in the business of perception. lean-in partnering with getty images on a photo library of what they say are devoted to the powerful depiction of women, girls and the people who support them. it's an interesting idea. she's taking issue with the rather staid business stock photo that we all have on our walls at cnbc that are more posed. she thinks it doesn't reflect what's really going on in women's lives. >> also credit women eating alone with salads. they found all of these pictures of women with smiles on their faces eating whatever salad du jour and it sort of took off at the end of last year. i credit lean-in as well for saying there are too many of those and that's not accurate. these photos will be 25%

supplement to the existing gallery. those won't go away entirely but it is a start. >> i think it's an interesting concept, because when i think of my own life, i'm a wife, a mother, i have a career, and i'm different in every part of that life. >> it's interesting only because for these photos, you are talking about a change in paradigm, a change in thinking. if enough people see this for long enough, you start to envision those women in that way. i think that's important. >> that's true. it will be very interesting. outspoken aol ceo tim armstrong reversing the company's 401(k) changes after he received criticism for it and blamed -- blaming health care expenses on two employees quote distressed babies. armstrong said in an e-mail saturday quote, i made a mistake and i apologize for my comments last week at the town hall when i mentioned specific health care examples in trying to explain our decision making process around our employee benefit programs. controversial, to say the least. we put the question it may be better for the employees but you

have to serve both shareholders and employees. >> i think it's important to note that he is not apologizing for the plan. he has to apologize for his comments. the plan is not unique to aol. ibm did it before and it's normal to not get $200 until you pass go. people on wall street know if they leave before february they don't get their bonus. it should be the same way i believe in some of these companies where, if you leave, that is something that you forfeit perhaps and if you do forfeit it, you know ahead of time that you are. those comments were just from a really bad place. first blaming obamacare, then blaming some health cost. this is a $4 billion company, $7 million should not be the make or break. >> i couldn't agree with you more. >> it's interesting for me because the comments were certainly off color and they certainly need to be apologized for. the idea that you have to cave to pressure from a company match, something they don't have to do for a 401(k) plan, and the timing of it, i think the story for me at least on that front, the less controversial front was

if you're a financial advisor, make a sniper shot for whatever match there is, at one point in time. maybe not the best financial plange tool out there. >> let's move to topic three, the game flappy bird is no more. the creator pulling the application on sunday after he reportedly earned about $50,000 in revenue per day with downloads of more than 50 million since its launch. the creator tweeting on saturday, i can call flappy bird a success of mine but it also ruins my simple life so now i hate it, end quote. i don't know. reuters was running a story saying that maybe there were some legal issues with nintendo, or he's a fantastic creative advertising person because now everybody wants the app. >> i will say this. i didn't play the game but i want to go buy it. i can't buy it anymore. >> the important thing to note is this guy on his twitter feed is now saying don't worry, i still make games, this is still my profession, still what i do

every day. does he just hope the other ones are bad? that they don't take off in the same way? we may never know exactly what happens but there is one person who will be very successful. that's someone who has this on their iphone. there is an iphone for sale on ebay for $100,000. >> there you go. okay. we got to go. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some financial folks who will talk to them about preparing early for retirement and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. (voseeker of the sublime.ro. you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go.

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three winners in the market right now. hasbro, radio shack and invesco. 5:00 p.m. eastern time only on cnbc, curling coverage. that's it. >> that will do it for "power lunch." >> "street signs" begins now. credit cards, mice and insurance are trying to get us in the green today. but they are not enough to power the dow higher. this as we wait on janet yellen's first speech as fed chair tomorrow. and oil crossing back above $100 a barrel. mandy, good monday. >> happy monday to you as well. we have three really big stories on "street signs" radar today. the mystery sector that may be forging the way higher for the markets. why boring tech is bringing sexy back.