there should be a rule somewhere if you're on the lam from the cops, you don't show up in the press. >> final trade. >> i want to give you a bon us. >> we don't have time, but thanks anyway. josh, quick. >> you just want to say good-bye, i miss you guys. salad guy. >> power begins now. >> halftime is over. "power lunch" and the second half of the trading day starts right now. >> all right. after two days of drops and fears, that we were inching toward a correction is today's gain enough to stem that tide? are you a bull or a bear? ron insana is here to explain why to him the choice is clear. boeing pulling off a giant order big time. the stock has had a tough month, down about 8%, 8.5%. is the stock about to take off? we're going to take a look at that. and dramatic new video from inside the war zone. the border between israel and the gaza strip. it was just released by the

israeli army on a day where missiles once again are flying back and forth. >>. and why brazil 7-1 defeat by germany could have implications far beyond the soccer field? on the left is president rusef, on the right manager big fill, scolari. and would she may be bearing the brunt of the big loss even more so than the coach. first to sue at the nyse. >> stock aring back in the green does the rally have leg? editor mark hullbert on "fast money halftime report" reported it earlier. he said the fact starting in may trim tabs, which tracks this, called a massive slowdown in buy-bake announcements suggest that the fact that the market has kept on going has sort of one out over a cliff and perhaps

will have to come down to earth. ron insana with a great piece on cnbc.com. he maintains the bulls aren't quite done yet, so make the case, ron. >> i've seen some charts. one person put up 23 different charts, showing this market was at all-time highs in every conceivable manner, a whole host of different indicators, not public participate, short interest, what have you, but i recall an internal monolog over where this market is. >> you've been talking to yourself? >> as i do frequently, but this time about the stock market. i recall the conversation many years ago with stan drunkenmiller, and he had told me in this exhaustive study of market history there's only two things that cause bull markets -- rising interest rates and the onset of war. in the absence of those two things, it seems unlikely we'll get a trigger for a bull market.

but relative valuations with interest rates and inflation this low aren't there yesterday. if rates were to rise precipitously, i get straight very fast, but so far that's not happening. >> if the war that may break out in the middle east now, they're talking more about that today, how that may be kind of a black swan event for this market. do you buy that or not? >> i buy it always, sue, in that you can have a geopolitical event that somehow comes out of the nowhere,' this has been going on for years. do we get drawn? does it create a oil price hike? certainly the oil markets are not saying that today. libyan oil is coming to market. this seems to be less tension between russia and ukraine. that's backing off as a factor overall, so, you know, war is a trigger, but right now, you know, it would have to involve the u.s. in a meaningful way to

start off a bear mark. >> good to see you, ron. the benchmarten-year note went off board. what does your man like lie, ricky? >> this was not a good demand driven auction. it's a nine-year ten-month instrument, because it's the reopening of an issue we opened a couple months ago. ultimate yield 2.597. the blend issued right at straight up 1:00 eastern, 258 1/2, bid off at 258. not good. priced the wrong way. the bid to cover 257 was the weakest since february, 2.72 auction average. we're light on directs and indirects at 39.6 was light. directs at 13.9 was light. dealers, 46.5% in this auction, and the demand could have been much better. it shows there's a bit of nervouses in regarding maybe the minutes or the yield curve.

tyler, sue, back to you. >> thank you very much, rick. new report out now on what it's like to fly in the united states these days. phil lebeau breaking it down in chicago. >> a few more delays, tyler, sorry for stepping on you there. >> no. >> a few more delays. may on-time arrival percentage, they dropped a bit compared to april. 76.9% of the flights on time in may, again about 3% below where we were in april. fewer flights on type in may in part because of weather delays. the top three airlines when it comes to on-time percentage, hawaiian, no surprise, because they always have the best weather to fly into. alaska and delta. the bottom three, express jest and envoy, and southwest 71.8% of the time. i want to show you shares of united. united had the dubious distinction of being the only major airline to have four flights with tarmac delays exceeding three hours in the

month of may. by the way, when you look at united, un5% year to date. tyler, that's a quick look at what you're seeing with the airlines in terms of their performance in the month of may. let's talk about boeing before you go, phil. new big order for its next generation jet. this is good news for boeing, even though the stock is down about a half a buck right now. >> you rarely see the stock immediately move up following big orders. it usually takes some time for the stock to move either up our down, usually not right after an order is placed. emirates announced it's going to order 150 emirates also has an option to order another 50 of those 777-x planes. they announced their intention to do this. emirates order could be worth up to $75 billion, if you look at shares of boeing versus airbus, boeing outperforming airbus year to date up 20%, but for the most

part they guys tend to move in tandem. the bottom lime is this --iest week we will be in farmborough england and hear a lot of big orders announced, but this one is huge. dominic chu with a market flash. >> check out which i pot lair. saying there was no negative impact from the higher menu prices. the stock is up toward session highs, sue, back over to you. >> dom, thank you. the crisis in the middle east not looking like a crisis for israel stocks today. the broad tel aviv 100 index, the tel aviv 25 also up just under a percent. twot main etfs tracking the israeli market, today the eis is up, and the isra is also in the

green pretty solidly too. short-range antimissile system in act again in the last few hours, hamas fire missiles towards israel's population centers, including tel aviv. the iron dome system so far deflecting all missiles aimed at israel's second biggest city. despite the protect from iron dome. hamas missiles are causing damage and a lot of frayed nerves. the siren rang in the middle of this wedding, just about everybody, including the bride and groom had to run for shelter. the israeli arm releasing this video today of what happened when five hamas men tried to infiltrate israel from the sea. they were cut down by naval gunners before getting very far at all. inside of gaza, the signs of war are pretty much everywhere. israel says it's hit hundreds of terror targets in the last dave and a half from the homes of

hamas leaders to rocket launchers and missile factories. there is a load of sadness today in brazil, thankfully only because of a terrible beating on the soccer field at the hands of germany, and nothing worse than that. it's at if the entire nation was embarrassed by the 7-1 defeat in the semifinals, but some analysts now believe that loss could very well put brazilians in such a terrible mood, they will vote to replace not the coach of the soccer team, but the many of brazil, del ma rosa in october. on the prospect that she'll be replaced by a more pro-business candies, brazilian stocks and the big etf are all up pretty handily today. hours from now, we find out just how india's new government plan toss revive that struggling economy. there are huge implications for investors. it's already having an impact on a number of funds.

seema mody has that story from the nasdaq. >> that's right, sue, so far this year indians stocks have been on fire as investors bet on the newly elected prime minister's ability to perform. up about 20% so far this year. tomorrow the new government will release the plan for the economy. investors seem a little nervous. the bombay down triple digits, perhaps booking profits in case modi and the government do not deliver. getting gains over the past one week. the professor at hunter college says he's spoken openly to need to make better financial decisions, but what that translates to remains to be seen. >> is what's weighs on indian stocks. given the man dade, analysts say modi has nor freedom to make more drastic economic reforms.

that's why investors betting on the revival will be watching. sue and tyler? >> thank you very much, seema. the battle over the future of the e-book business is heating up. what's at stake for consumers like you, plus stocks at all-time highs. do you still feel like you are living the american dream? robert frank always living the dream. robert? >> hey, tyler, americans are doing well right now. two thirds of americans own their own homes, educated and healthy, but most stillsh feeling that american dream, what is the dream? >> we'll talk about that after the break. >> we also want to hear from you. are you living the american dream? go take our live viewer survey, and to do that, you go to cnbc.com/vote. the dream. i make a lot of purchases for my business. and i get a lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores.

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welcome back to "power lunch." check out shares of aeroenvironment, this is a drone maker raised the full-year revenue, forecast above street forecast, reporting after better than expected quarterly sales and profits. you can see the stock up about 12% in the trades. it's all about the uavs and unmanned aerial systems, sue. back to you. >> it sure is. take a look at this video. it's the typhoon that ravaged japan this morning and yesterday. 28 people were hurt. no reports of deaths, the storm caused 45-foot waves and it came with 145-mile-per-hour winds. it caused dozens of landslides

the island of okinawa was hit especially hard. more than 100,000 japanese have been forced to evacuate. it is being called the battle over the future of the e-book industry. amazon now turning up the heat with its latest move. who will come out the winner? and what does it mean for consumers? julia boorstin has that side of the story for us, and she is in los angeles. >> amazon and hachette has been locked in a back for the last six months. whatever deal these two companies strike will likely set the standard for all other publishers. in the meantime amazon has been delaying shipments, reducing discounts and removing the preorder button on some hachette bookses. now they're making a bold offer, proposing that they give up 100% of all e-book revenues to

authors themselves during this the negotiations. hachette said no. amazon's response turning down its offer, quote, we called baloney, they can afford it. publisher's weekly editor tells me hachette will likely have to discount on e-books which should pressure its margin, those when it's over, consumers will benefit from lower price, though, tyler, it's too soon to say when this battle will ever ends. market just off of all-time highs. the question is -- are you living the american dream? the results of one new study may surprise you. let's ask you to vote if our poll right now. do you think you're living the american dream?

go to cnbc.com/vote and tell us. we'll give you the results. robert frank, it used to be the house with the white picket fen fence. i guess the definition is always changing. >> it's so fascinating, america is wealthier, healthier and better educated than ever, but a new survey subtle very surprising stats about how many feel like they're living that american dream. first up now, if we look at education, another really important component, 78% say they've been able to get a great education. what about jobs? the most basic part of that dream? 74% say they've been able to find a decent one. then that touch does that tone of the american dream. if asked if they can give their children a better life than they had, check that out, a whopping 81% said their kids will have a better life than they do. you add it all up? they're dreaming, not

surprising, the surprising kick here, in they're living the american dream, only 40% say they actually believe they are living it. is that confusing? perhaps people 'definition of the dream is changing. perhaps they're watching too many episodes of "secret lives of the rich," and maybe you can explain. >> let's probe this topic a little deeper. again, go to cnbc.com/vote to take our live viewer survey. mr. kahn, let me begin with you. the american dream is kind of like jell-o. it's changing all the time. i'm curious why only 40% of us think we are living it right now. what are your perspectives? >> tyler, this is a great segment, a great question. i think the problem is that the american dream, the way it's broken down on these surveys is not an end, it's a means. it's a means to afford you the

freedom to be all you can be, to do what you love, love what you do, and work hard with integrity and enjoy the fruits of your labor. what's happened is the financial and economic conditions have changed. let's take some of their students, and i tell all of them this. the problem is they're trying to shoehorn themselves into this concept of the american dream and losing the freedoms it's supposed to provide. a student of mine may get an mba from a top tiered school, get the job they wanted work hard, get promoted, start making money, save up for a down payment, marry that long-term partner. fast forward a few years, they started a family, they're still living in the small apartment which they co-own with the bank, with heavy paints for the mortgages, for the student debts, for the children's education, clinging to dear life for this job they no longer love, still living paycheck to paycheck to make sure they have the financial stability and medical security that they love. they're living the dream, but

they're not loving it anymore. >> diana, let me ask you what your research shows and get you to react to what mosha just said and whether the difficulty of achieving the american dream and then of maintaining it is what he seems to be suggesting is so great that people don't enjoy it, they don't love it. yeah, we have done extensive reserve at pugh keg people how they define the american dream, and financial security is really important. to the extend that americans are not feeling as secure as perhaps they were before the great recession, then this is really reflected in those numbers. furthermore, wealth is really integral to this definition. the american dream is about have been a bit extra at the end of the month and springboard your children into the future. so this is also a critical piece of what's going on here. >> diana, let me ask you, to get

your response to one of the findings that robert reported that leaped out of my. four out of five americans think their children will live better than they do. that surprises me in this globally far more competitive world, where we seem to be falling behind our competitors by some measures of educational attainment, et cetera illustrates that's something we see in our research as well. that americans hold great hope for their children this optimism really rings true. so this is really consistent with what we found. i think if you ask the question of americans, what they think children in general would experience, it would be very different from what people believe their own children will experience. >> let's lock in the vote. diana, one follow-up question is mosh. our vote indicated 35% said yes, they are living the american dream. that's roughly what robert's numbers corroborated then.

the one perspective that i have is that the american culture is so consumer oriented, we always seem to wasn't more. when we get more, it's never quite enough. compare with the way we live with the way people in europe live. we have a lot more stuff than they do, but it doesn't seem to be making us happier. >> that's a great point. i think there's a positive aspect to it and a negative aspect. the positive aspect is this is part of being american, striving for more, when that half full glass fills up, you get a bigger glass. you always want to be reaching higher. too much is never enough. >> exactly. >> but it's very important in the process to take a step back and recognize that we are making process. you take a step back and say, well, things are better. are they enough? never. life is about growing higher and high, but things are getting better. we have severe problems that need to be tackled. i believe they will be tackled,

but that's part of what the american dream is. you work hard and you achieve with far more than has ever been achieved before. >> thank you both and once again, you see is the vote there. 65% say they are not living the american dream. 35% say yes. that's interesting, considering that our viewers by and large are among the most affluent in the country, sue. >> and i think that is a very interesting response, giving the demographic for cnbc. coming up, a tale of two retailers, shares of one luxury name getting slammed, but a special jeweler soars right about now. we'll tell you why. plus -- up next, power pitch hits the pools and beaches. a start-up applying sunscreen in a new high-temperature way. will the panelist think it's a hot commodity, or is the founder in for a scorching surprise. >> i have concerns over supply chain. stay tuned with to vote with

the panelist. are you in or out on this week's start-up? go to cnbc.com/vote right now, and get ready to start voting. [ male announcer ] meet jill. she thought she'd feel better after seeing her doctor. and she might have if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's credit and her dream of retirement. every year, millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life.

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which i pot lace and car max, a good dale back over to you, sue. coach downgraded to underperform from neutral, that firm also cutting the price target. the stock is down 1.75%. signet jewelers going the other way, presumed overweight with a price target of 125, the firm's prior rating was neutral. garmin downgraded to underperform at pacific crest. the firm citing headwinds for the gps maker over the next few quarters. it is down better than 6%, ty. >> sue, thank you. time for the power pitch where entrepreneurs getting 60 seconds to make their pitch. we want to hear from you. do you think the start-up you're about to hear about has what it takes to become the next big thing? once again go to cnbc.com/vote, and vote in real time. okay. mandy, take it away.

a moment's time we'll be watching today's power pitch. during the pitch you can grade it. log on to cnbc.com/vote, and give this pitch an a, b, c, d, or hopefully not an f, but we do want to know what you think. get ready. here's today's pitch. snappy screen is a sunscreen application sim in an effective alternative to the tedium manual application of sunscreen. it's also a unique amen for leisure best nations. how does it work? it allows you to collect your spf, and in under 20 seconds you're completely covered in sun creek from head to toe. the interesting thing about this

8.5 billion industry is that sunscreen sales continue to soar, yet skin cancer rate soar alongside them. this tells us people are not accurately applying, not applying enough or forgetting to reapply. snappy screen solves this problem by off an easy application. be laurgeing our device at the bahamas atlantic, and where the guests can keep themselves sun safe. >> on our power pitch panel, we have investor kelly hoey, helps promote female-run companies, also a chief marketing office at curio. and "forbes" has named her one of the five millennium changing the bc world. >> and olessa pindak is here.

and adam quinton is an investor in early stage companies, also the founder and ceo of lucas point ventures, and an adviser to several angel groups. kristin, you're in the hot seat now. kelly, the first question. what would you like to ask? >> what's the business model? >> we sell the machine at cost and then the unique sunscreen cartridges which function in the screen. that's where our biggest margins are. they're four-gallon units and sold as bundings with sprays cards. the guests buy those cards, and then the hotel names the price. >> i don't use sunscreen. how dots me in your device? >> i've had customers say once they june once i tried it, i never want to manually put it on ever again. that would definitely be you. >> have you considered how the

pricing strategy may be discourages people from reuse if they're paying the time? >> the strategy is completely left up to the hotel itself. right now we're investigating keycard integrate as well, so that triggers the impulse purchases for them to charge it straight to their room, as well as some hotels offer it as a free service and hide that cost in your room somewhere. we also could do credit card readers for public pools and beaches. this isn't only about hotels, cub clubs, water parks, other places. >> so why kristin? why is kristin uniquely qualified to make this work? >> um, i would say i've always been very entrepreneurial since i was young. the way i started snappy screen was a 0-second pitch when i was a freshman in college, and took it from there. i really have driving it by myself. >> what are you raising money for? >> mainly for the distribution. we do have a lot of interested

clients, and it's going to come down to having the money to manufacture these machines and roll them out at the speed that we want in order to make a splash. >> do you have any kind of reports or studies that show how well this delivery method protects the skin? >> not quite yet. we just rolled out the new design. we have been gathering testimonyial from our guests. they have all come back saying that they are not splotchy and completely covered. so that's the best news that we have so far. we've been gathering a lot of that data real time. we heard what kristin had to say. are you in our out on snappyscreen? it's time to get out your phones. visit cnbc.com/vote to say whether you are in or out. okay. kelly, what did you think? >> well, i am a fair-skinned person and can see uses of this beyond destination resorts. we talked summer camp, ski

resorts, but i've got concerns over supply chain, so i'm out. >> what about you olessa? >> this is an interesting new technology. if we were going to cover it for prevention, i would want more information about the effectiveness and especially this new formula, but i'm excited about anything that makes sunscreen easier, more fun and techie. so i'm a tentative in. >> we need a big market. check. we need a create i have been solution to a real problem. check. most important of all, at least in my book, we need a driven entrepreneur, to check check check, i'm in. >> kristin, what's your reaction? >> i'm pleased. i think snappyscreen will be the next big thing, and we're not only going to make this easier for people, but really provide something that's going to help in epidemic of skin cancer. >> next stop, australia. good luck. thank you to kristin and our

panelists today, and our live voting is just about to close. thank you, viewers, for your in or out. that is today's power pitch. linesd no, they're not. 4% say they would be in on snappyscreen. 51% say they would be out. i would want to look again at the grading from our viewer vote on kristin's pitch of p 1%, gave the pitch an a. 14% a b, 4% a c, 5% a d, 46% didn't like it at all, given the man i cube power pitch an f. very sad. >> it is, but it's a tough audiencivities very tough. gold prices, let's look at the metals, comembers gold up, less than a tenth of a percent move. some of the biggest moves -- that's changed with palladium

basically down about a tenth of a percent and a fractional gain. well, we had that ten-year note auction. it did not go well, rick santelli giving it a d-plus. demand was not good. basically we have yields backing up a bit. last yield on the ten-year nose that we can see is just a hair below the 2.6% mark. keep in mind we have the fed minneapoliss at 2:00 p.m. eastern time. a sense of optimism going into this earnings season. what's driving the bullish mood? and where will the biggest boosts and drabs come from? we'll have that when we come back. the cadillac summer collection is here. ♪ ♪

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a quick check of the markets, with the dow up, the s&p up five, and nasdaq and russell also in the green with the nasdaq bowesen back with a percentage move. dominic chu has a look. >> last quarter, sue, it was

expected to be flat in terrence of earnings growth, but it turned out well. things grew by almost 6%. they also said that their analysis of earnings estimate for the s&p 500 also points this quarter, the second to an expected 6.2% growth rate overall. where is the growth action going to be? it's going to be in energy stocks as a seconder, it's expected as to grow profits by almost 11% now is the single best projected earnings growth comes by tech stocks. now, this is important, because tech is the single biggest sector in the s&p 500. it carries a weighting of almost 20%. as for where the profit growth is going to be the worth, that titles goss to financials, now financials are the second

biggest sector in the s&p 500 with a 16 with respect weighting, so it will be interesting to you hose profit they're the two biggest sectors in the s&p 500. >> they're going to duke it out. thank, dom. joe joins us at post 9, david bailen is at citi private basic. as we go into this earnings season, there is optimism did you do you share in the optimism? >> i share in the optimism we're likely to see better than last conveyor. quarter. considering consensus is calling for roughly 6% eps growth, i think that we're going to top that, come in slightly better than expectations, as economic growth here in the u.s. and abroad pick up. >> what about you, david?

i know you're more cautious on the market than perhaps the outlook. >> in general we think the market will outperform the earnings. a lot of the private bank clients are very concerned that stocks have seen outside gains relative to the actual earnings performance so, it depends on what the numbers that get put upper. >> we're mover -- a little less optimistic about how markets will actually behave. and we're concerned about two things, sue. one is the absence of volume in the stock markets right now, what's badgering the stock market right now is volatility is low, there's not a lot of volume, and that creates the scenario where if there's a disappointment it could really affect the market negatively. >> how do you feel about the market, joe? >> i echo a lot of the same comments. we've talked about this in the past. you're not going to be a repeat of 2013, so i think people were disappointed that that momentum didn't carry over. i think moving forward, the second half of the year will

look very similar to the first half. you're going to see profits, you're going to see returns. a majority of those returns are likely to come from earnings rather than multiple expansion, so i think we're looking to end the year probably in the high single digits our low double digits in terms of total return. >> where do you see the best opportunity in. >> as we look around the world, we continue to favor risk. i think the developed markets in general represent the best opportunity. i'm still a bit nervous about the emerges markets. i think you have some stable coming from the u.s., but as far as bigger up side, i think there's no question, there's a story of operational leverage in europe. as their i expect you'll sigh better returns there. >> thank you, gentlemen. ty? >> sue, consumer takes changing more and more every day, especially in sara eisen looks at how it's affecting the food companies. give us a tease and we'll talk

about it after the break. >> deals is what i have for you. which companies are right for a takeout? i will name names. you'll probably recognize many of them from your grocery store and pantry. next on "power lunch." here at fidelity, we give you the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and e-trade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. call or click to open your fidelity account today.

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consumer tastes changing more and more every day. sara eisen is looking at companies you need to watch. >> deal chatter certainly heating up. after speaking with a number of analysts and investors. annie's hot-selling mac and cheese, and of course the

cheddar cheese crackers. you can see it's been struggling with high costs of commodities, manufacturing and new products weighing on earnings per share, even though sales are strom. dave palmer of rbc says this is a perfect bold-on for a bigger company looking to grow through popular brands. white wave, which makes soy milk and horizon dairy, the stock on fire. analysts say this is best in class, even though it's buying earthbound for $600 million last winter. great sales driver for ailing bigger, more challenged company. who will be the next heinz? the subsequent by the buyout, kellogg and among on lease. analysts say it could benefit from cost cuts and spending. according to consumer edge research ammist is attractive,

because international exposure. >> sara, thank you very much. tomorrow on "power lunch", walmart, amazon, all ventures into the online grocery business. what can brick and mortar stores do, create an experience you cannot find online. the question is, what does that look like? courtney reagan has a preview. >> if willry wovga would have made sausage, his factory might have looked a lot like this. a big claim from a big story making a big bet that the grocery experience doesn't have to be boring. >> it's grocery store meets disney world tomorrow, only on "power lunch." i can't wait for that one, ty. >> that sounds good. fewer working hours or fewer day? s google is always a big proponent, and a group of investors is joining the core us? and what stands to benefit? do you think we should go to a four-day workweek?

vote with us, cnbc.com/vote. and even if you can't get to kansas city to ride the world's newest and tallest water slide, we've got you covered. you don't want to miss this. look at that. oh, my goodness.

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take a look at this. after several delays, the world's tallest water slide is finally opening to the public tomorrow in kansas city. it makes my palms sweat. it is 168-feet 7 inches tall, taller than niagara falls. the names verruckt means "insane" in german. garmin released this individual for to highlight the go pro rival that can put a user's heart rate on the video. you may have seen an earlier video which shows a raft flying off the track, but as is can see, all is well now. i can't never -- there's no way you would get me on that thing. are they strapped?

>> that's amazing. it looks fun. i might do that. working a four-day workweek sounds great, but is it realistic? chris is shaking his head, no, it's not realistic, as does a group of aflurnt investors in a new survey. ron insana and robert frank are back. the netherlands, germany, they made is to the semifinals at the world cup. they're doing something right. norway, my an zest real homeland late the countries when it comes to the fewest hours per week, but they have among the highest per capita gdps, greece, chile, with the longest hours work per week, but annual per capita income among the lowers, between 16 and 21,000, the u.s. by comparison, 34.4 hours a week worked with a per capita gdp of

51,000. we want to hear from you. do you think a workweek is practical? cnbc.com/vote, ron, robert, you're up, but, you know, i once worked a four-day workweek in the plaintiffs when i was working at a publishing company, ten hours a day from 8:30 to 6:30 duri'opposed to an eight-h today. i would say i goat less done in the four days than the five. i don't know if my productivity tailed off, but boy, those fridays were nice. >> you were happy. >> what do you think? >> i was really interested in looking at what millionaires thought of this. there was a survey that sklt millionaires, do you support the four-day workweek? it turned out 69% of millionaires said this was a good idea. we think of them as the wealthy workaholics of our economy, and they said it's a good idea, but they also asked them, to your point, there should be a 10 hours a day four days a week, so

you're still working the same amount of hours. it turns out the wealthier you are, the less likely you are to support it. >> i pulled out this book, and i don't typically bring them out, but essentialisms talks about doing less better, fewer meetings, more product at work, more creative time, more thinking time, and reducing the number of projects that a company and its workers focus on. so i would go with five days and doing what you do better while you're at work, more thought time, more creativity, more focus i think makes a much bigger difference in how productive is effective than really how much time you spend at the office. >> i think the internet has allowed so many people to sit at their desks and not do anything productive. i think what we're looking at is more of a sprint type of work schedule, where you're going hard and fast for a shorter period of time, then use the larger chunks of time to get away. >> he talks about one ceo who

builds in an hour of think time a day. >> the rest of the time he's not thinking? >> no, he's getting paid. pinches you know, that think time, and the time where you pull back and get creative, and deliver solutions or new ideas is critical. >> that reminds me of what steve jobs basically said. we're going to do fewer products, but do them really insanely well. let's look at the vote here, shall we? do you have a four-day workweek? >> yes. 61% say yes. 7% -- i can't say -- in certain industries 32% say no. >> how about a one-day workweek? mandy, four-week workweek? >> absolutely. absolutely. it's kind of like that in australia. "street signs" will be starting 30 seconds early today. why this because the fed is

releasing its minutes, and we are -- also, the shocking, and i mean really shocking stats of how financial literal or illiteral teailli illiterate teens are these days. "power lunch" is back after this break. i'll see you guys top of the how for the fed minutes.

welcome back. netflix has acquired the rights for zoo. cbs will broadcast this show next summer, then the full 13 episodes will be available immediately after it airs on netflix. as they jockey for more high-profile content rights. how -- netflix shares are down just a hair. guys back over to you. >> julia, that will do it for "power lunch." moments ago from breaking news on the fed and the economy. >> "street signs" begins right now. ko this be the day that the fed finally hints at higher

rates? hi, folks. we'll have a full breakdown an reaction heat. >> think try to rebound just a bit from the two-day shatter decline, and the s&p let's give to steve liesman right now. >> the federal reserve minutes say quantitative easing likely to end in october. there was some debate would it be a 10 and a? fed is say we'll likely do -- it has no -- participants did -- this exit strategy, decision of the minutes imply no immediate relax, no change at all to the plan they have enunciated. now, the fed continues to announce -- i don't have a monitor there. there we go. thank you very much. is the fed's exit strategy. this is not agreed to. it's general agreement out th