welcome back to "street signs." the natural foods retailer is moving lower on news that apollo global will sell. >> that will do it for this edition of "power lunch." >> "street signs" starts now. see you tomorrow. what do the richest man in china, richest restaurant owner in america, the guy who owns one of the biggest hotel companies in the world and sara eisen have in common? >> what an introduction. let's start with markets. another day and another record for the dow and s&p. stocks have pulled back from their highs of the session. a pretty mixed picture with the dow down 13. the nasdaq still in positive territory. s&p down fractionally. the bond market is closed so it

has been a bit quiet in stocks for this veterans day. check out the energy sector. crude oil sliding lower again today. 77.33 is wti. it hit the lowest level since october 2010. our market reporters are standing by with the action. bob pisani at the new york stock exchange. jackie deangelis. >> home builders, dr horton following on toll brothers. the home builders have clearly bottom. i want to show you two other sectors that are bouncing very nicely. one is gold stocks, very unusual activity today. the gdx, gold miners up 5%. gold is basically flat. the gold numbers up about 1% on

the spot price but unusual movement here. this may indicate bottom on gold. people are playing around after dropping 30%. the other sector very unusual activity, xop, the oil services and exploration index, 0.95%. crude is now just up but it was down. very unusual. normally the oil and exploration companies all move together with oil. that is now breaking down the next few days and another sign that this beaten up group may be trying to find some kind of bottom. that is exploration and production stocks. >> we will pick it up there and send it to jackie deangellis. >> more selling pressure. we did turn positive on wti, 77.46 is where we stand now. let me recap what we did earlier this morning. we did dip to 76.42.

you had brent price. a couple of things the traders are talking about, they are talking about the strong supply out of the u.s. we are going to get another inventory report from the department of energy on thursday delayed for the veterans day holiday. we had strong builds for the last few weeks. the dollar strength has been a problem for oil, as well, pushing it lower. some traders telling me they think there are too many bears in the trade and think we could pop to potentially the high 80s. you have the other side of the coin saying this thing is destined to go lower. i just got slipped a note from a trader here saying $75 crude oil by friday. we do friendly wagers here on the floor. he is going double or nothing. i have to think about that carefully. >> thank you very much. if somebody asks you what is the third most powerful stock rally in the past five years? you are going to answer that it is this one and that you heard

that on "street signs," by the way. the only other rallies as significant as this have been 2010 september rally and 2011's october rally. matt maily joining us. you have been nervous and have been as you say on the fence. have you jumped off the fence and started buying stocks again? >> well, first, i just want to thank our veterans out there before i answer the question there. and also kudos to cnbc. you do such a great job every year honoring our veterans and doing it throughout the year. that is great. to answer your question i have been much more cautious and look for the correction that we got. when it bounces i wasn't sure it would last that long because we don't get that kind of bounce when the market is only down 10%. you usually get it at 15% to 20%. with the boj taking the batonfrom the u.s. fed i am

leaning more to the bullish side. we also have the transportation index doing well and, of course, as bob pisani just talked about the housing stocks trying to make a higher high which is a big change for them. even though there are concerns i am starting to lean to the bull side. >> leaning to the bull side is not actively and aggressively purchasing stocks. where are you on that spectrum? >> i still want to see what the market is going to do. i think the market itself is going to tell us. fundamentals are always important but the configuration of the market with the leverage involved and moving to the end of the year. look at the high yield market which has not come back near the s&p and rolled over a little bit in the last two weeks and europe. nice bounce there but the dax can't get through 200-day moving average. those two markets have been very good leading indicators. if they roll back over we can get another round of unwinding

of leverage like we saw a month ago. if we can break out from the levels even after a bit of a pullback, if we break out from current levels especially on the russell 2000 that would be very bullish for the market. it would cause hedge funds people to add leverage and have performance figure to help the market rally higher. >> it was kind of scary for a few weeks in october before we bottomed out. what if you got caught up in the volatility and missed out on a 10% rally? is it too late because traditionally this is a pretty strong time for stocks heading into year end. >> it shouldn't have gone down. the fact it went up is not anything unusual or terrible. i think the market's fundamentals are still in tact. the fed is still there and valuation is okay. we got a scare. it was scary. it was a classic bull market correction and i think it is

over. >> how much has the job market renewal played into the market rally? here is my thinking. more people go back to work. they contribute to the 401 k. state and federal local governments start to increase employment. people contribute to the pension plans. the 401 administrators and the pension plans have got to do something with their money. does a better job market mean a better stock market? >> i think so. i think in this case it does certainly. i think the u.s. economy is recovering and i think it is starting to spread into the job market. i think that is great. what is good for the united states is good for the stock market, too, to coin a phrase. i think better growth is not bad. the fed is not going to tighten and means better earnings down the road. >> thanks very much. good to see both pair bulls. >> i would say matt is -- >> he is encouraged by stimulus. >> he is a calf. he is starting to get -- thank you for your shout out to

veterans. i will accept the thanks for my father, nine years, u.s. navy retired. >> did not know that. we have a pair of huge ceo interviews lined up for you. first we check in on the state of the hotel energy with the ceo of marriott. and rare interview with the richest restauranteur in america. you will want to hear the thoughts from tillman fertitta on where the economy is headed. (trader vo) i search. i research. i dig. and dig some more. because, for me, the challenge of the search... is almost as exciting as the thrill of the find. (announcer) at scottrade, we share your passion for trading. that's why we rebuilt scottrade elite from the ground up - including a proprietary momentum indicator that makes researching sectors and industries even easier. because at scottrade, our passion is to power yours.

this guy could take down your entire company.h? stay with me. on thursday a hamster video goes online. on friday it goes viral - a network choking phenomenon. why do you care? he's on the same cloud as your business. the more hits he gets, the slower your business may get. do you want to share your cloud with a hamster? today there's a new way to work. and it's made with ibm.

the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child.

a big deal on tech trade. the two countries announcing plans to drop tariffs on a wide range of technology and it products. backers say the trade agreement could generate upwards of a trillion dollars each year. what stock should you be watching? >> 200 products could have tariffs drop to near 0 amounts. some companies were in the gps side of things and medical device makers. two other prominent areas that may be affected by the reduction of global tariffs are in the video game business. look at names like sony and microsoft. sony makes the most popular game

s cons consol, play station. microsoft the x box one. that is one sector to watch. another one that you will want to pay attention to is just the chip sector in general. the computing side of things. the next generation microchips, semi conducters could see their tariffs drop if the agreement is passed by all parties involved. names like micron, intel and arm holdings. if you look at the names it is all about the technology companies that could benefit, not just the u.s. ones although those are the ones we highlight. it is all about everybody all over the world that could stand to benefit from lower trade taxes. >> everybody all over the world is a lot of people to watch. >> it's a lot of people. >> we will do our best. we have global resources here. it is a rather simple equation, more tourists equals more money for the american economy and the white house is

trying to help. they are announcing u.s. and china travel visas. president and ceo of marriott international. this is going to be the softball of all soft balls to you. is this a rare situation where it is almost all upside with no down side for marriott? >> it is absolutely all upside. travelers coming to the united states taking vacations here and doing business here come and leave their money here and when they go home that is a u.s. export. the more we can drive those visits to the united states the better it is for the u.s. economy. we have already seen tremendous growth in the last three or four years. the industry has created more jobs in the recovery than any other industry is back above peak employment in the united states all because of this international travel. >> talk about what it means specifically for you guys at marriott, what you are seeing in terms of chinese tourists here in the united states and

american tourists going there and how that would help marriott. >> we can go from big numbers to a small little example. we can look at it from an american going to china. i have five full pages in my passport that have each a one year chinese visa on it. obviously, i go there for business and many times every year. i probably would go the same amount whether i have one ten year visa or five one year visas for the last five years. in china somebody coming to the united states has to do the same thing. they have to get a visa every year if they want to come and can only get a visa by having in person interview in beijing or. and going into one of the facilities is intimidatinintimi it is the farthest thing from welcome and come visit. to say you only need to do this once every ten years we think it is easier for the folks to come to the united states.

we have already seen growth. our marriott statistics and i think the market as a whole is similar to this. w we see chinese visitation up about 20%. we think it will double or triple by 2020. >> so let's move on past that. we will ask all of our ceos in the consumer business this question. gasoline, it's cheap. have you noticed a direct correlation between lower gas prices and more people staying at your properties? >> i think the short answer is no. and it's interesting because i think if you look at either airline fares or gas pricing you would think that there would be a direct correlation between the expanse and the amount of time people travel. really what we are seeing is a recovery in the economy in the united states is driving increase in travel in the united states, cheaper gas prices are obviously a good thing, make that trip less expensive. by itself is probably not driving business to us.

>> i have a question about something in the news today. intercontinental hotels has activist share holder in its hands and wanting it to merge. >> i don't think we are likely buyers. >> i think regulators would have something to say about that. >> surprisingly i don't think that would be a concern. we are a big player in the market as are they. we each only have about 10% market share. >> you say lower gas prices and more people traveling, where are they staying? >> they are staying at hotels. we are at record occupancies and were at record occupancies when gas was 20% more expensive. obviously this won't hurt. we have a strong recovery underway which is quite independent of gas prices. >> since we have you on to talk about the boost in chinese tourism what about the idea that chinese buyers are buying u.s.

hotels. is that welcome? >> i think it is something we can welcome. we are attractive to foreign investors because we have a trusted legal system, because we have a transparent financial system, because real estate values can be determined and people can predict that they will have value long term. those are great aspects of our business culture and our legal culture. and i think having people invest in our country makes them that much more supportive. i think of what we are trying to do around the world. i think it is all a good thing. >> we appreciate you coming on "street signs" and cnbc. ford is making what could be its biggest bet ever on aluminum, an aluminum truck. will it pay off? we are talking the fate of the next f-150 as it starts coming off the assembly line for the first time. the main architect of the

president's health care law caught touting the law's lack of transparency. it is all caught on tape. we will hear it coming up. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need.

well, knowing gives you confidence. start building your confident retirement today. so i can reach ally bank 24/7, but there are24/7branches? it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. it's more than the car.er. for lotus f1 team, the competitive edge is the cloud. powered by microsoft dynamics, azure, and office 365, the team can gain real time insights and instantly share information around the globe. when every millisecond counts, staying competitive begins with the cloud. this is the microsoft cloud.

i have a cold. i took nyquil but i'm still stuffed up. nyquil cold and flu liquid gels don't unstuff your nose. really? alka-seltzer plus night rushes relief to eight symptoms of a full blown cold including your stuffy nose. (breath of relief) oh, what a relief it is. thanks. anytime. the best performing stock in

the s&p 500 is a fertilizer company. cf industries, ticker cf, seems appropriate. let's check out what has been happening to aluminum trading at lowest level after a significant run up. you saw that in alcoa's results. traders cutting into demand. aluminum has gained about 12%. all about the strong dollar. speaking of aluminum ford is making a huge bet and making the best selling vehicle in america out of the stuff. let's get to phil lebeau who has been live on the f-150 assembly plant in dearborn, michigan. great interview with ceo mark fields this morning. i said you got the best selling vehicle in america, that's hard to do, why mess with it? >> because they believe the future is when it comes to fuel

fi efficiency. many people ask if ford is messing with the formula for f-series similar to coke messing with formula for coca-cola. when you look at the pickup truck market in the u.s. it is where the bulk of the profits are made for the big three. the f-series continues to lead that market with about 36% market share. its lead has shrunk a little bit this year because inventories have been brought down as re-tooling the plant. don't discount what ram is doing. of the big three ram has seen the greatest increase in sales this year. you see toyota and nissan about 6.5% market share. against the back drop it is important for ford to get the new alum income f series rolling off the assembly line and into show rooms. they will start to trickle in over the next month but won't see the full supply ramp up until the middle of next year. the msrp between $25,000 and

$48,000. keep in mind ford makes an average profit between $8,000 and $10,000 per vehicle. why do we point that out? when you look at auto sales as a whole about a third of ford sales in the u.s. are f series pickup trucks. ceo mark fields believes even though sales have been ramping higher we have room to run he believes as far as the auto industry in the u.s. >> when you look at confidence levels, how people feel about the confidence of their employment it is getting better. when you look at interest rates they are relatively low. we feel that the market could have the potential to grow a little bit more next year. even if it peaks next year keep in mind it is at a very healthy level and could go on for a number of years. and mark fields believes that we could see sales go over 17 million next year and stay about 17 million over the next two or three years. the question for ford investors,

when will the stock get some love? this stock has really struggled this year like all of the auto makers, not uncommon at the top of an auto cycle. it has not been the place to make money in this market. >> not the best welcoming from mark fields. great to see you. how big of a gamble is ford taking with this new alaluminum f-150. how does it stack up to the old 150? >> it pretty much drives like a regular pickup truck. the big difference is the use of the aluminum lightens the vehicle in some cases as much as 700 pounds and you can actually feel it. like when you close the doors sometimes it feels lighter and it does. slam with the same thunk. but the u.s. of that material is what ford is betting on to meet the federal fuel economy

standards as they get stiffer as we move along. >> which is why it is almost interesting that they are doing this for fuel efficiency as a time when gas prices across the nation are below $30 a gallon. you think that will matter when it comes to demand? >> i don't think it will matter that much when it comes to demand because lower gas prices will make interest in full-sized pickups increase. typically when gas prices are low sales of larger vehicles like that increase and a lifting tide will raise all boats including the f-150 in this case. the other part of it is that the federal government is requiring that they get better fuel economy. so ford will not be alone as we go down the future and using more v 6 and more lightweight materials like aluminum in full-sized pickup trucks. >> do you think the core f-150 buyer is going to care? i ain't buying that, it is made

of aluminum. >> if it does the job i think that is the most important thing. the other part about it is that ford has one of the most loyal customer bases. those two things working in concert not like you walk up to the vehicle and see a polished aluminum surface. >> is the towing capacity the same? >> from the functionality point of view it works like any other pickup truck. that is sort of the untold story here is that it is all beneath the paint. >> the towing capacity, it's the same, right? or close to it? >> towing capacity is the same. >> are you a tower? >> they are using turbo charging so they get the power of an eight cylinder and get fuel economy benefits from having smaller displacement engine. >> yes, i am a tower. please explain to a city girl like sara. >> i come from ohio. >> when you are towing stuff if

the volume reduced towing capacity then you see buyers push back? >> it will increase towing capacity because overall vehicle is lighter. if it has the same power output as a v-8 towing capacity remains the same. the body is just part of the vehicle and reduces the overall weight of the vehicle. >> can you answer one of the greatest mysteries of life aside from who built stonehenge? why in the heck is gm doing this stuff with square wheel wells? what are they doing? square wheel wells? tires are round. >> people look at the boxy shape of a vehicle and for some reason they like to square it off and other people like round ones. >> i like my wheels round.

>> it is like stonehenge. it is a great mystery of the universe. >> do you drive a pickup truck? what car do you own? >> actually we have a bunch of different test vehicles. i was in an f-150 last night. typically in our household my wife has a prius. >> thanks very much. i'm so glad to know that the towing capacity is the exact same. >> it matters. >> i know it does. >> for what it is worth i have a jeep wrangler jacked up. >> so macho. >> 12 miles to the gallon. street talk coming your way. >> and herb greenberg is red hot over a solar stock. we will get his take on that and rack space and why he is concerned about the quality of earnings. "street signs" always with round wheel wells when we return.

will that be all, sir? thank you. ordering chinese food is a very predictable experience. i order b14. i get b14. no surprises. buying business internet, on the other hand, can be a roller coaster white knuckle thrill ride. you're promised one speed. but do you consistently get it? you do with comcast business. and often even more. it's reliable. just like kung pao fish. thank you, ping. reliably fast internet starts at $89.95 a month. comcast business. built for business. comcast business. it's time for something you guys do every day. let's bring in time warner.

>> the stocks up. goldman ups it to a buy and add it to conviction list. it is about 17% upside. they said that hbo is a quote under monetized asset. >> a rare upgrade for darden restaurants. >> when have we seen this? >> it has been a lot of drama. >> a lot of garlic bread. upping it from a buy to hold. establish a $62 target, not a lot of upside about 12%. they said the company was not broken but poorly managed. did you know this is one of the hottest restaurant stocks. >> after activists got control of the board. >> did you read the 288 page powerpoint thing. >> i know it included pasta recipes. jinzynga getting an upgrade jeffreys. >> words with friends is still going strong.

they still note $1.55 in cash. citi group adding grub hub to small to mid cap focus list. >> delivery service. >> you order food oonline. >> they don't have it where i live. they call it a market leader. they said the growth trajectory is in tact. the average rating on grub is overweight. the average target 45.75 a share. that is about 30% upside. seems like everybody is wildly bullish. your under the radar name, icu medical. >> at the end of every street talk we try to bring a name that is maybe not in the news. it's icu medical. california based medical device company upping it. they boost target to $86. about 19% upside. five analysts cover the stock. average target 84.60 and stock

price at $80. not a lot of upside. >> a lot of medical device makers have been rallying on the republican sweep in the congress. maybe they will get rid of the tax from obamacare. because all of you every single one of you are among the first 20 callers we have a special bonus for you. herb greenberg. he has two more names that you need to keep an eye on today, rack space and vivant solar. >> rack space is the manage hosting company. stock is up because the company came up and buying back a bunch of stock. there is new management. the reality is i have a friend who is a short seller. he runs the short selling mutual fund. he did some numbers crunching here. he points out that this company says we have 300,000 customers. they stopped giving up a customer count two years ago. back then they had revenues per customer of $1,700.

now he says it is something like $1,530. revenue per customer going down and growth starting to slide backwards. people are going for the -- >> weren't they going to merge? pursue strategic options? >> the stock repurchase there. >> i would assume if your buddy runs a short fund he would then be short rack space. is that a fair assumption? he has a vested interest in the stock. >> of course, he does. >> way to connect the dots there. >> very quickly. >> i will tell you quickly it is a pricing situation. the company says our losses are wider than expected. the situation they are talking about, we don't have much competition but they do have competition. they have competition all over the place. that's solar city. by the way, it is a competitive space, a huge competitive space for vivant and solar city. >> give me the business.

>> i can tell you want me to get out of here. the clock is ticking. >> the clock is always ticking. people in our ear. >> you gave us information and we thank you. >> we are watching. >> recently ipo. coming up tonight at 5:00 p.m. greg butterfield, the ceo of this company vivint solar. now to "talking numbers," a daily look at a stock from a fundamental and technical perspective. because we have our star currency guru on the program. we will talk about the u.s. dollar index. mark newton on the technicals. kathie lee ann on the fundamentals. first to you mark newton. dollar index. it has been strong. will it continue to be so? >> the risk/reward isn't as favorable in the near term for longs but both short and intermediate term trends remain positive.

i expect we see a bit more upside to an area near 89 before we see consolidation. you take a look at charts. one is a daily chart that shows breakout of 2012 and '13 highs. this caused a real move. this was largely euro and japanese yen. we saw big declines in both of those represented on this chart showing it in dollars. if you look at a weekly chart you show the longer term trend since 2005. this is a bigger breakout of a level held for the last nine years. the dxy largely range bound. we just saw a recent -- chance to buy the dxy and think we probably can still move ahead and higher in the next 12 to 24 months. >> fundamentally the case for buying the dollar is there. the u.s. economy is performing and federal reserve looks to go

to normal rates and be a little more hawkish. the concern is this is getting to be a very crowded trade. everyone and their mother likes the dollar right now. does it mean it won't rally much further? >> i think you make a very good point which is that the long dollar trade is getting very overstretched. while there is a fundamental story for the dollar to continue higher i think we get an opportunity to buy it at lower levels. today the u.s. dollar index is up because dollar yen is trading higher. if you look at the component of the dollar index which contains a number of different currencies most are trading higher than the dollar today. i think the reason for that is because we don't have much going on this week except for u.s. retail sales on friday. the next three weeks we are not getting clarity on eurozone. i think there could be profit taking. u.s. rates have been stubbornly low. i think that will end up catching up to the greenback at the overstretched levels.

the longer term picture is positive for the greenback we have an opportunity to pick it up. >> we didn't get into the japanese political drama moving the markets. dollar-yen has been a show stopper. >> the show must go on. be sure to check out the online edition of "talking numbers" in partnership with yahoo finance. one of the chief architects of obamacare has not so flattering comments for the american public. is it a big deal? we will play the clip and let you decide. billionaire restaurant ceo will give us his take on u.s. economy and consumer spending and why he is going after steak houses in manhattan. tilman fertitta coming up. tdd# 1-800-345-2550 [ male announcer ] your love for trading never stops, tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account, and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 so if you get a trade idea, schwab can help you take it on. tdd# 1-800-345-2550 we're getting a lot of questions tdd# 1-800-345-2550 about organic food stocks.

tdd# 1-800-345-2550 [ male announcer ] sharpen your instincts tdd# 1-800-345-2550 with in-depth analysis by schwab experts. tdd# 1-800-345-2550 and if you want to run your idea tdd# 1-800-345-2550 by a schwab trading specialist, tdd# 1-800-345-2550 our expertise is just a tap away. tdd# 1-800-345-2550 what's on your mind, lisa? tdd# 1-800-345-2550 i'd like to talk about a trade idea. tdd# 1-800-345-2550 let's hear it. tdd# 1-800-345-2550 [ male announcer ] see how schwab can help tdd# 1-800-345-2550 light a way forward. tdd# 1-800-345-2550 so you can make your move, wherever you are, tdd# 1-800-345-2550 and start working on your next big idea. tdd# 1-800-345-2550 ♪ tdd# 1-800-345-2550 open a schwab account and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 call 1-877-670-3357. tdd# 1-800-345-2550 or visit schwab.com/trading. tdd# 1-800-345-2550 schwab trading services. tdd# 1-800-345-2550 your go-to for trading know-how. tdd# 1-800-345-2550 ♪

and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a free 30-tablet trial.

a new video surfaced showing key architect of obamacare saying the law written to

purposefully confuse the congressional budget office and voters. >> lack of transparency is a huge political advantage. call it stupidity of the american voter but basically that was critical to get the thing to pass. >> that man's name is jonathan gruber. the video did not surface until now. gruber says the health care law was deliberately written so the cbo would not score it as a tax even though it really is. joining us dan manggon. >> i think this coming thanksgiving john gruber will have to stay away from the table because he stuck his foot in his mouth a couple of times he is more than full enough. a couple of years ago he said if you didn't set up an exchange, an obamacare exchange you wouldn't qualify for the subsidies. that is a huge issue now. now with the video surfacing

he's yet again stuck his foot in his mouth and drawn more political heat. >> i think the biggest deal here, obviously calling the american voters stupid is a huge problem. what he said about how it passed because it was disguised as a penalty and not a tax has major implications because next year once people file their taxes they are going to end up paying that tax. >> that is a great point because for the past year the first year of open enrollment with the second open enrollment starting on saturday people have not paid the penalty yet. >> do you know how many uninsured people there are that don't qualify for exemptions that end up paying this tax or penalty? >> the administration said something on the order of 31 million or so. a lot of those people will get exemptions but have to go through the process of claiming those. they qualify but have to claim them. the other problem is at the time they are paying the tax they are

prevented from signing up for next year. if they forgot to sign up this year they are screwed the following year and a much bigger penalty. >> your full piece is on cnbc.com i assume? >> it will be shortly. on deck, a rare interview with the richest restaurant owner in america, tilman fertitta is here. alibaba ceo jack ma has interesting comments about money and respect. which would you rather have? you may be surprised to hear his answer. we will play it for you coming up. the cnbc real time exchange market snapshot is sponsored by interactive brokers.

do solemnly swear that i will support and defend the constitution of the united states against all enemies foreign and domestic... ♪ ♪ opinions. there's no shortage in this world. who do you trust? whose analysis is accurate? how do you make sense of it all? a simple, unbiased stock score consolidated from the opinions of independent analysts... is that too much to ask? nope. equity summary score, powered by starmine, will help you execute your ideas with speed and conviction. and it's only on fidelity.com. open an account and find more of the expertise you need to be a better investor.

for tapping into a wealth of experience... for access to one of the top wealth management firms in the country... for a team of financial professionals who provide customized solutions... for all of your wealth management and retirement goals, discover how pnc wealth management can help you achieve. visit pnc.com/wealthsolutions to find out more.

i'm just looking over the company bills.up? is that what we pay for internet? yup. dsl is about 90 bucks a month. that's funny, for that price with comcast business, i think you get like 50 megabits. wow that's fast. personally, i prefer a slow internet. there is something about the sweet meditative glow of a loading website. don't listen to the naysayer. switch to comcast business today and get 50 megabits per second for $89.95. comcast business. built for business.

it is a pain, especially forbes said i'm the richest guy of china. this is a pain because i never thought i would be and i don't want to be. i just don't want to do the things -- >> you don't want to be rich? >> no. >> you started alibaba not to be rich? >> no. >> i asked my wife do you want your husband to be the richest man or respected business. she said respected business. ye never thought we would be rich. when you are richest person in the world everybody surrounding you for money. >> one of the many reflections from alibaba's jack ma and interview with david faber that he wasn't happy being rich saying it was a great pain to be china's richest man and said he was very tired starting to feel

the pressure from the record-breaking ipo and the incredible runup. >> he is a celebrity in china. he is a household name. i imagine he can't go anywhere without peace. i'm sure a lot of eyes. what in the world? a multibillionaire. i don't know complaining necessarily but he's got i would imagine 100 people that want every minute of his day every day. like you. >> not quite. he spoke a lot about it because he said, number one important to him is customers. number two, employees. number three, shareholders. he does talk a lot about employees and when he is not happy and tired then his employees are -- >> it's a lot of work. a lot of work. i imagine he has a lot of work. great job for david faber going to china and bring it to our viewers. >> sure. >> david went to chi in. >> 9.2 billion the tally for singles day for alibaba.

you owe may $2 gift. >> you know what i got you? an interview with tilman fertitta after the break. you're welcome. we're back after this. ameriprise asked people a simple question: in retirement, will you have enough money to live life on your terms? i sure hope so. with healthcare costs, who knows. umm... everyone has retirement questions. so ameriprise created the exclusive confident retirement approach. now you and your ameripise advisor.... can get the real answers you need. start building your confident retirement today.

[annit's working forny. new york state. already 41 companies are investing almost $80 million dollars, and creating 1750 jobs. from long island to all across upstate new york, more businesses are coming to new york. they are paying no property taxes, no corporate taxes, and no sales taxes. and with over 300 locations, and 3.7 million square feet available, there's a place that is is right for your business. see if startup-ny can work for you. go to startup.ny.gov.

shares of caesar's entertainment down. stock falling starting last night after a bigger than expected loss in the third quarter and got an unlucky quarter because players actually won more so it had a bad quarter

and saw an increase in bad debt because gamblers were not paying the debts, brian. next guest is called the richest restaurant owner in america and fertitta and tilman in new york city for a new restaurant and joins us from manhattan. tilman, this is what i love about you. you don't back down from a fight. you are opening up within blocks of dell frisco's, of other high-end restaurants. why go at them? >> it's a big city. maestro and others do a great job but there's a lot of people in new york and every day and we just want to get our little piece of the pie and i think we'll do well. you're familiar with maestros in california. >> i may have been there on

cannon drive in beverly hills once or twice by invitation only. >> lower gas prices, lowest in four years, below $3 of the gallon, you think of more disposable income for restaurants. is it a boost to consumers? are they spending more because they're getting relief on gas? >> you know, definitely. same-store sales is definitely not a problem in the business right now. especially with gas now dropping below $3. you know, from the bubble gump group to martins and maestro and signature group, being home based in houston and 70 restaurants in the houston area and 5 hotels, it could hurt us there. the perfect place for oil is around $85, $88 and i think we'll all be well. the problem in the industry right now is inflation. and, you know, it's kind of funny. i was at a dinner with bernanke

and he said there is no inflation. i can tell you in my 35 years in this business every single cost is up right now except energy. and there's definitely inflation out there. i sit here and i watch the experts come on saying there isn't but there is inflation out there. >> where is it coming from? >> food. >> everything. i don't care buying a plate, if you're buying any type of food, first time ever, everything from meat to fish to everything is up. and it's every product. it's not like it's one. i don't care buying a broom or buying a 16 ounce prime strip. it's up. >> so you're saying that the government data is out of touch? >> i'm going to tell you. i called bernanke on it. you know, i was sitting there next to carl icahn. he operates in consumer businesses and we hit him on it over and over. talk to the consumer out there and ask them if there's inflation. the grocery store for a hammer or buying shrimp. there's inflation out there.

and to say there isn't just is unbelievable to me. now, maybe when you bring in the energy and the few others, it brings it down but the average thing that the consumer buys, our cost of sales alone up a point this year and i think every restaurant company out there will see it. >> i see it in the food companies, as well. i thought it was interesting about the local texas economy. how much is the slide in oil prices more than 20% over the last few months going to hurt that local economy, job creation, capital spending from oil companies and the hot housing market down there? >> i'm going to tell you. i'm concerned because i have so much business like i said from amusement parks to hotels, to so many restaurants and i have bragged about houston. we never -- things never as good as they do on the east coast and west coast and never as bad and let oil go down to $50 a barrel an you're gong to see the cranes up there like in the '80s where the cranes sit there and the buren't fin

initialled. so it is a concern. and especially in the houston economy. now would it help us in the rest of the country? for the consumer. yes. but we're so houston based that i would not want to see it. but it's a concern already. you're already seeing some of the drilling companies slow it down a little bit. and it's going to be really interesting to watch what happens to houston over the next 180 days for all of us. >> yeah, it will. i asked you this in person in california. did you look at buying the revel casino in atlantic city? >> i did. you know what's amazing about our business? it's all simple math. and if you bought it for $100 million and spend $100 million to fix it up and because you had to do it. it was the most poorly designed casino ever built and then if you had to still losses for $100 million and get up it up to $500

million in ebita, the risk/reward isn't there. it's worth what you have in it. could you get it up to 50 million in ebita? losing 50 to 80 million in ebita since it opened. i have the golden nugget there. our revenue up 30% every month. >> we have a minute in the show. how did they screw it up? on the water. should have been a winner. >> how they screwed it up is they didn't understand the cost structure. everybody fautalks about atlant city. it is going to do $2.8 billion in gaming revenue this year. it's a cost structure of new jersey that's the problem in atlantic city. >> finally, very quickly, would you consider taking your company public again? >> gosh, oh my gosh, you know, it's great doing, you know, we'll do $3 billion in revenue and $500 million in ebita and i don't see any reason to go public again. >> you're enjoying -- >> might spin something else and

i don't see it going public. >> a real pleasure. good luck in midtown new york city. you got a lot of -- you're the honey badger. going after them. we appreciate it. >> come see us, brian. thank you all, guys. >> you're a steak man. >> eh. it's all right. it's all right. heck of a scene. thank you for being here. >> thank you for having me. up next, "closing bell." welcome to "the closing bell" on this tuesday. i'm kelly evans at the new york stock exchange. >> i'm bill griffith. we honor those who have served our country. we thank them for that service. >> absolutely. >> and by the way, that means the banks are closed. bond market is closed. school is out. >> and yet -- >> what are we doing here? >> i asked art cashin this very question this morning. lyndon, columbus a