uber shares and 41% said they would. appreciate t.markets were down almost triple digits on trading session. right now the dow is down only five points on the trading day. the s&p 500 is down a fraction, you can call that flat, and the nasdaq is positive, ty. >> thank you very much. that does it for this edition of "power lunch." >> "street signs" starts now. >> well, it is the question that not many are asking. could lower oil prices actually hurt the american economy and the stock ral? hi, everybody, i'm brian sullivan, and we will ask and try to answer that question as well. right now, mandy, it seems that europe is actually in focus for the markets. >> yeah, you're right. we've been seeing quite a bit of volatility and after the rocky start the dow and s&p hit intraday highs, and as brian correctly said it was stocks moving higher on reports that the ecb is questioning a broad qe package for its next meeting.

the s&p and dow have moved a little lower and the dow is well off its session lows. was down by 92 points. what's lagging, guys, energy shares. oil, of course, dropping again. >> okay. we'd like to welcome in a special guest today. going to do something different. niles nidal will be joining us for the better part of the hour, chairman and ceo of one of the biggest advertising firms all around the globe. sometimes you're funny, you're canadian. >> eh. >> and you guys have been dealing with expensive gas forever up there. we've had cheaper gas. have you noticed any impact on your businesses when gas prices fall? >> 90% of the economy is the beneficiary of lower oil prices. you have $1 trillion, $1 trillion globally of economic value that's been created through the decline in oil prices. it translates into $500 per american effectively of tax reduction which is the lowest -- the highest tax benefit that an

american consumer has ever received, so the best thing to happen is actually low gas prices in terms of putting more dollars into the consumer's pocket. >> okay. let's fight, because one of the biggest hedge funds in the world put out a note, the implications of $75 oil on the economy, i obtained said note, and here's what they are saying. oil investment and production has been adding half 5% to nominal gdp growth, but it's $75 oil that's likely to shift to something of negative 7/10 of a percent overwhelming the benefit to the consumer meaning the investment in the oil and gas industry here, just like in canada in ft. mcmurray, alberta, eh, will be a drag on the economy. >> not factoring in the increased consumers spending because of having more discretionary income and how much more the people can move

around because of the lower gas prices. 500 miles a year to and from local activities and a decline in gas prices puts dollars in their pockets. no question that it will ultimately get to a different level. now at $67, not 75. i read today interestingly enough that the opec countries want to see it down to $60. >> depends which opec country, of course. >> that's true. >> they have all their different pain points. sorry, but yes. >> if original 10% of the economy is affected by oil prices -- sorry, the oil and gas industry, then why would we think that the other 80% would not be the beneficiary of lower gas, lower oil prices, et cetera? and also there's a 40% decline. november 2014 over november 2013 in terms of a number of new wells coming on screens. >> certainly pros and cons of low oil. hope it's more pros than cons.

let's talk about the markets. dow 18,000, very much in sight, but will falling oil prices be what derails that rally? john rutledge is a market vat gist and also a cnbc contributor and sandy villeri is a co-portfolio manager. great to have you with us, gentlemen. sandy, i believe you believe that falling oil prices is a net positive for the market. >> yeah, absolutely. i agree with miles. i mean, can you look in the u.s. now you've got 9 million barrels a day that we're proviewsing so it will actually have a negative impact when you look at the production that is coming out of the u.s. to gdp. but you look at the flip side of that and how that's going to help the consumer. not only that but all of the manufacturing facilities that are just guzzling petroleum products. that's going to be a major tax cut basically. so when i look internationally and you look at the slowdown in terms of demand from china and europe, well, if you go back to

'01-'90, that took only a small portion out of the demand. i think there's further room for demand on the chinese side. added all up it's good for the u.s. economy and markets successfully like to believe that and i like to pay cheap gas as much as the next guy. bridgewater is arguing basically this, that the oil and energy infrastructure boom has added so much to gtp that removing, if we remove, it removing that will be a bigger net drag than the positives to the u.s. consumer. >> ray's a smart guy, and it's good to listen to what he says, but, you know, free is good. free stuff is really good so lower prices are good. it has to be true that this is good for the standard of living of the average american. it also has to be true that any time there's a radical change of prices it means somebody was doing the wrong stuff for the new set of prices.

in this case if oil prices stayed low forever, there would be some loss of activity in the oil patch. that would happen sooner so you might have a negative in the short term, but the overriding thing driving this market up, and the reason it will break 1 now is not the ail patch. it's the fed patch. it's the $4.5 trillion into the economy that's pushing every asset price higher almost every day. >> miles? >> i guess part of the question is if in fact we have sustained oil prices at a very low level, what is the impact on the market over the next 12 months if we sustain, you know, high 60s, low to mid-70s kind of oil prices? what do you guys think the impact on the market is? >> sand? >> well, i think that's going to keep inflation low and janet yellen said we'll keep rates low for a long time until we hit that 2% target so as long as inflation is beneath that, that means rates will be low, and that will buoy the markets and

continue it through 18,000 and above so i think it could be -- >> absolutely, and, you know, the short-term effect i agree, but look at the iea's estimates of the next "24" 25 years. demand for energy is going to increase by 50% in the next 25 years. it's all coming from emerging markets, but it's going to take $37 trillion of capital spending to drill the holes and get it out and build pipelines. that 37 trillion is pretty close to the half of the value of the market capital of the entire world. there's an incredible demand for capital coming out there, that's good for investors so 18,000 is just the beginning. >> very different things you're talking b.on the other hand, you're talking about the economy and then on the or the stock market. we've argued many times the stock market is not economy. they are linked, but they are not the same. let's stay and talk about the stock market. ultimately, do you think it's a good idea? can we all agree it's good tore

stocks? i seem to agree it's not good for the consumer long term because i think the economy will slow down but i guess i'm the only one. >> it's great for the consumer, short term and long term, it's just that in the short term it causes an interruption of capital spending, but i think that these shale producers and capital spenders are going to look through this drop of oil prices. this is not going to remain at these levels, and they are going to continue capital spending. i don't think you'll see a shutoff of the oil patch. >> john, i agree totally. i think one of the you a sumgss that we're making is -- is that this has a long-term -- the long-term values stay in these levels. nobody that i talked to thinks that this is a sustainable level, '67 to $75. if you listen to take yeps, he thinks we're going back to $100 oil, so i guess the question is what's the sustain ability of these kinds of prices, and if

you look at impact you start to extrapolate longer-term impact versus short-term impact on the economy and the stock prices, brian, as you're talking about the conundrum. >> would either of you like to tackle that question. >> oil is a very self-wrecking mechanism. high prices cure high prices and low prices cure high prices as oil just trickles down here. you're going to see it firm up and ultimately improve so i don't think it's going to stay down here for a long time. finite number of them. you'll see the production if down dramatically. all meeting december and january. cap-x will come down dramatically. >> this is the market. this is not somebody in opec making some grand strategy. i was in riyadh a week before last. nobody there is intentionally driving oil prices down. they are just happening because of the increase in production and soft demand.

those things will reverse. >> john and sandy, got to leave it there. john, i also want to mention you really like the chinese market, and they are a very big importer of oil. thank you very much to both of you. >> absolutely. >> okay, miles. you stick around, buddy. we'll torture you a little bit if you don't mind, in our special way and we'll be breaking out our trusty crystal ball. a look at the housing market and see what is available for housing coming up in 2015. next, shocking -- shocking new details into the sony hack. you better hope, america, that your company is better protected than sewny. >> yeah, stick around, everybody. we'll back in just a second. you can also take a look at this mystery chart. see if you can i.d. this. it is a world of information. that's our hint of the tweet us your guesses. we'll bring you the answer when "street signs" returns.

my nai'm a lineman for pg&e out of the concord service center. i have lived here pretty much my whole life. i have been married for twelve years. i have 3 kids. i love living here and i love working in my hometown. at pg&e we are always working to upgrade reliability to meet the demands of the customers. i'm there to do the safest job possible - not only for them, but everybody, myself included that lives in the community. i'm very proud to do the work that i do and say that i am a lineman for pg&e because it's my hometown. it's a rewarding feeling. 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. you may not care about oil, but you do care about your home probably, i'm willing to bet, so let's answer the question of whether or not housing will stay hot next year. trulia, out with its housing market forecast for 2015, and jett who happens to work for trulia is here now, shocking and before we get micro let's get macro. nationwide, should housing have an up year next year? >> consumers are upbeat about the housing market for next year thinking 2015 will be a better year to do all sorts of housing activities in 2014 but

especially the sell. 36% of consumers think 2015 will be a better year to sell than 2014 which means we should see more inventory coming on to the market and that's a good thing for buyers who have been hungry especially for more affordable homes. >> certainly it will be a good thing. i can't tell you how many real estate agencies i've seen go out of business because essentially they haven't enough inventory to sell. jed, i want to ask you, do you think the obstacles to buying are changing? in the past i don't have a job and i can't afford and now it might be i have a job and my wages aren't rising fast enough and house prices have gone up so much i can't afford it anymore? >> trulia service services shows the top obstacle holding people back from homeownership is saving enough for a down payment. even though there's low down payment loans available they tend to cost more so saving for a down payment remains an obstacle. far fewer said not having a job

is an obstacle. affordability has become a bigger obstacle now that prices have risen compared to where they were one, two and three years ago. >> jed, isn't one of the biggest issues that exist for consumers buying homes is the lack of availability of mortgage finance, that since the financial crisis there's been a lot less liquidity afforded to consumers and even though the costs have come down the availability is much lower and that's probably one of the key contributors for the lack of demand of housing at this point. >> well, the measures of mortgage avail ability, most show that mortgage credit is still tight. it has loosened a bit in the past year or so but it's still quite tight compared to where it has been, but the down payment is a bigger obstacle, especially for young would-be first-time home buyers. i think credit availabilities are a somewhat bigger issue for people who owned a home and lost it to foreclosure and are now

ready to go back in. they have been through the process of homeownership but their credit has been hurt because they went through a foreclosure or short sale. >> one of the other things, and we've found this out through our own research is that young people are really a renting culture. they -- they rent cars. they stay with their families and they have a lot less inclination to be what the american dream was. >> when they are young, but as jed will tell you, when they get old, right, jed, start to get fixed in their ways and they want to buy a home. they change. >> clearly we've talked before. when we survey consumers, 93% of young renters say they want to buy some day. what's different from young people today in the past they are mayor eglater and having kids later. these are things that delay the age of homeownership, but when you look at young people today and compare them to young people with the sam demographics 20 years ago, their home ownership rate is actually no different. it's that their demographics have changed, not that their underlying attitudes or belief

in homeownership has changed. >> as you say -- according to a survey, 70% of millennials still believe in the american dream of owning a home. we'll leave it there. >> that's right. just in the past few years, that number has gone up too. >> i thought american dream is winning a sausage race at miller park in milwaukee. >> that's my dream. i don't know about the american dream. >> next year. i'm going to get you on the field. >> jed, thanks you, buddy. see you soon. >> tonight, nbc airs a live performance of "peter pan" all part of an effort of tv networks to give people a chance to watch live and pull in millions of viewers for one time for their advertisers. that was a round about way of getting to the topic of what we're talking about is advertising. >> three words to say about that tonight. christopher walken dancing. >> well, he -- he's not bad. he's actually a pretty good dancer. >> have you seen him dance? danced with christopher walken? >> he did that awesome music

video many years ago where he did the fantastic, maybe he can tweet in. >> and he kept a guy's watch for years. >> how is the advertising market? >> you really hooked us in with that one. >> ad spending is usually -- gdp growth is a reflection of how ad spending will go. there's a core las vegas. we're expecting 2%, 3% gdp growth and ad spending is 3% plus. like the economy, it's growing, nicely but not at a rapid clip. you know, you've about 4%, 5% and 6% ad growth. i think there's a couple of things happening transformationally. one, big movement. though tv advertising is growing, it's growing at a slower pace than it has in historic years. it's a smaller share of pie because there's more and more money that's gone towards mobile, social, video on demand, et cetera.

the fundamental -- the business roundtable, the top 150 corporations were pooled. they all said they will spend more money on advertising, much faster than the growth of their own profitability because they -- they have got lots of liquidity and they need to grow share, and in a low gdp growth environment that's -- >> one would assume, and we hoe what assume can often do to us, one would assume that your advertising industry sta leading economic indicator, correct? >> it is. >> and based on what you're seeing from your clients, are they anticipating a stronger economy next year by spending more on advertising to sell more stuff? >> absolutely. >> but not dramatically though, brian. it's at the margin so they anticipate that by investing more, you know, harvard did a study and said companies that increase or maintain -- marketing spending maintain an increased market share, that bigger companies are investing ahead of the demand curve to stimulate demand, so i think they do believe, but it's not

dramatic. the bigger dramatic changes is the shift away from traditional media into the emerging areas. >> you're staying with us for the whole hour and another promo for "peter pan" tonight at 8:00 p.m. eastern. >> we're going to be put n on the fritz. what really got our attention. >> and a ten-year chart, yesterday's mystery chart. these two lines are all over the map. that's the second hint. the answer coming up after the break. here's a question for you: when electricity is generated with natural gas

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one last look at today's mystery chart. over the past ten years these two things have both been all over the map, yeah, there we go, the geographic map. the shanghai index, and the s&p 500 china. that's the blue line soaring lately. in fact, it's up about 37% year to date. it's still way off its all-time highs though, and the u.s., you can see the other line. it's really the steady eddie,

grinding high to its regular highs. >> meantime, russian president vladimir putin talking everything from the economy to foreign policy and even to offshore money as part of his annual speech to the russian parliament. was this more of just the same, or did putin surprise us somehow? >> brian and mandy, putin was defiant. it's all about the context. this speech comes in the falling oil prices, ruble near a record low and an economy experts say is on the brink of recession and sanctions are hurting the economy as well. he accused the west of meddling in russia's internal affairs saying the u.s. and the eu are use these sanctions as a weapon. urged restraint and resilience from the russians appealing to nationalism and patriotism as, of course, he usually does. now, again, all this as the ruble has lost around 40% of its value against the dollar over the past year and according to the russian finance minister

sanctions and falling oil prices really costing russia about $140 billion per year. let's not forget capital flight expected to surpass $200 billion this year, according to statements from even russia's economy ministry so in response president putin promised amnesty for anyone who will bring that money right back to russia. he said they would face no questions over how they earn that money in the first place. he also vowed to punish speculators who he accused of driving back down the ruble, brian and mandy, he's doing everything he can to try to get the money back into russia, an even though he's downplaying the economic situation, it's clear that he's very, very concerned. >> the idea of am nesty is really interesting, isn't it, to repatriate the money? why would anybody really want to do that? what's the incentive here apart from being pursued and tracked down? >> that is a big incentive, you're right. putin is a smart guy. depending on who is in charm of the legal process, this is going to be a move to either go

against people who don't heed this warning, right? putin says there's russian citizens and companies who have assets abroad and not paying taxes on this. this is a way to get the money back into russia. there's a new tax law going into effect on january 1st where people have to declare what kind of money they have abroad. those will be taxed as well. it's two things, are you going after your enemies or trying to show that russia is not as corrupt as people think it is, and people are paying taxes and biding by the law? >> an old ploy. look back through history, companies with economic problems and they can't solve them, they distract the citizenry which war and by fighting and doing other stuff so you don't look at your own situation. you've sort of got that nationalistic feel. i can think of a few times in history that that has happened. >> it's not me and my policies, it's the foreign powers after us. >> also interesting because russia itself has a history. for the past 20 years of looking

the other way when it comes to business, the oligarchs doing business abroad, even in the united states so that's an interesting point. of course, putin uses this allotted, america is meddling into our affairs and our neighbors and we've heard that rhetoric throughout as well. >> it's a dangerous situation mott just for them, the economy but also for world then. thank you so much, dina. >> we're talking pampers and plastic containers coming up on "street talk." >> and what a $20 million oops looks like. cringeworthy video, $20 million yacht, a dropping draw bridge, aging infrastructure in america. not a good combination. we've got that video when we return. ♪ ♪ my baby drove up in a brand new cadillac. ♪

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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. welcome back to "street talk," evan. tonight "peter pan" on nbc at 8:00 p.m., something you must watch, but i just want to mention. >> you're going to call me out for being wrong. >> he said i want to see christopher walken dancing, that will be funny. he used to be on broadway and went to the juilliard school and thank you for everybody who tweeted in and lots of people tweeted out saying the music video was fat boy slim, "weapon of choice." >> any time you can highlight the fact that i was wrong about something, america, you should do it, because it doesn't happen

much. >> let me have my zing. >> christopher walken, if you're watching, i apologize. >> okay. time for something we do every day. "street talk," stocks you need to know about today. first up, multi-national consumer goods company, look under your kitchen sink, half a dozen products from this company, p & g. upgraded raising the 12-month price target to $105, 15% upside and that's not all. the analyst says in the same note there's a road map to 120 a share two years from now. folks, that would be 30% upside to the current price of g & g. >> some people sell tupperware and some say sell. >> bmo capital cut estimates saying they are simply too high, cut the target to 63. stocks at 64.40 so bmo capital sees the price going to pleau

where it is now. >> bank of america upping regency center's court to a buy. not having much of a buy. >> not a huge call, but i wanted to point it out. upgrading from 67 to 62, only 6% of upside from here, but it is a reit and pays a 3% dividend, grocery store anchored company. >> let's go to avago technologies reiterating the buy. >> stock has been great. stock up 31% this year, positive comments after earnings. wireless segment this, company rose 73% and raised their price target to 122. green capital raised their target to 120. a lot of positive capital. stocks up more than 7% right now. >> shall we look under the radar. csicomp re

csicompresso. makes gears for oil wells. >> initiating coverage of the stock with an overweight. they like the deal to become csi compressco, they bought sci, thus the name. $30 price target is the call. the stock is at 20 bucks so $30 price target. $20 stock. huge upside seen by capital one securities on cclp. okay. earlier in the show we referenced maybe a scary chart appearing for the stock market, right? let's talk a little more about it. it's called the hindenberg omen in the s&p 500. now, tom mcclellan of the mcclellan market report newsletters is on the technicals. pointed it out to us and the world. what is the hindenberg omen and what might, might it mean for stocks? >> well, it's a warning that there might be trouble ahead. it was creed by a guy names jim mika several years ago as a

signal, and what you find is on the same day, if you have both new highs and new lows greater than a certain percentage, right now it's greater than 90 each and if -- if the new york composite index is in an up trend and if you have a mcclellan oscillator negative all on same day you get this hindenberg omen and it's good for 30 days but it gets invalidated any time the mcclellan oscillator goes back positive. had one of those earlier this week. got invalidated. it looks like based on the numbers that we have right now we'll getting another one. >> hasn't it been invalidated all the time? the dow and s&p continue to hit record highs? ? that's true, and it calls for trouble a lot more often than we actually have trouble. if you think about it like if you're driving down the road and you see up ahead something doesn't look quite right, don't know exactly what it is, you slow down and maybe it was a full stop traffic jam or something didn't look right and

you speed back up again. think of it that way, a warning zion that something is a little hanky if you have new highs and lows both expanding at a high level. >> i know, i want to be clear, tom, right, because people -- cbs -- you're not saying the market is going to crash. what you're simply saying is it's a dangerous signal sometimes. it has resulted in steep declines sometimes, but it's no guarantee of anything. >> well, and it's got a good track record of appearing ahead of every major decline. we had one in september just ahead of the big ebola scare in october. it's a warning, not a guarantee >> so from the fundamental side, should we heed this warning, kevin? >> most of that just went right over my head. i have no idea what most of that meant because i'm a fundamental person, not a technical person, but what i would say is overtime stocks will be determined primarily by their earnings and what we have is a market that's

benefited mostly from rising earnings but the improvement in the earnings say they are a little bit mindful of that and also we'll looking at the economy and the good thing we see. expect to get good data on friday again and the employment jobs picture is that the u.s. is moving in the right direction. i would say from most investors out there, earnings in the direction of the economy are more important to be watching than -- than a lot of short-term technical indicators. >> theoretically the technicals indicate all known information and so markets are likely pricing in some concern. that's what -- that's what tom is saying, i believe. that's what technicals are supposed to do, aggregate everything and say this is what we think. >> yeah. >> but the market isn't always right. as a matter of fact, the last 15 years of market performance, you can see that based -- baked into the market in 1999 were some assumptions that were wrong and at the top in 2009 there were a bunch of assumptions that were

wrong. there isn't perfect information in the markets. all i'm saying is that while a rising market or market indicator in general may say something about confidence and the availability of credit and the price of money in the financial system, i wouldn't rely solely on that. i would wed that with some very thoughtful indicators about what's happening in the real economy and most of that data, in our view, is looking forward. >> make your own conclusions. >> thank you very much for joining us. check out the online edition of talking numbers in partnership with yahoo! finance. >> you just heard about the hindenberg omen. it's not going to call automatically for a decline but it has happened before. something to pay attention to. we've got another chart. i tweeted out and just made it in the last commercial break. you've got to see this chart if you don't think oil matters to the stock market. >> plus, what is the first rule of creating passwords. do not use the password as your password. we're going inside the sony hack when "street signs" returns. [ male announcer ] your love for trading never stops.

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and start working on your next big idea. (shouting) location. here's the location that matters the most. here. or here. or here. it's wherever this is. to get customers to come here and stay here, you're going to need an app that connects to all your systems. so they can bank, shop, do what they need to do, and you gotta do it fast. before the competition does. it's tough out here; you better be on the right cloud. today there's a new way to work. and it's made with ibm. take a look at this ten-year chart, okay, and if you're on the radio here's point.

you're looking at oil which is the white line and the dow which is the orangish red line. okay. they track together. generally when oil goes up, the market goes up, or vice versa. who knows and who leads what. the point is look what's happened recently. crude oil has fallen, and the dow has gone up, mandy. this is one of the few times we've seen a divergence between two things that normally track each other. not saying the stock market is going to fall. not what i do, not my job, i'm just pointing that out. >> it's fascinating. >> thanks for pointing that out. >> if i ever point out something that's not fascinating, please let me know. >> i'll do so at my own peril. >> yesterday, details emerge regarding the sony pictures hack. we can't confirm who was behind the hack. we do know one thing. it apparently was not difficult. vinny troia gathered unbelievable data on the hack. when you were telling me some of the things that you discovered, my mind was blown. things like password as the password to really sensitive

information. >> yeah, i mean, they -- i mean, it was incredible what happened. we talked about security 101. these are the most basic levels of security that were being completely ignored by the executives. things like password or when a payroll document has a password of sony payroll, something is wrong with that process. >> the thing is i'm imagining, the first thing i though the was oh, my goodness i'm hoping my information at cnbc is safe and i hope our security systems at our company and our hr is secure. what complacent is th-- how comn is this complacency with security? >> the first thing as an attacker is you try to go after the common user name and password combinations so you try things like admin and password

one. in this case when looking at the leaked documents that came out it's very evident what happened here. the passwords weren't even close to anything remotely secure. >> i talked about this firsthand because i run about a company, a u.s. public company. during 2004 when sarbanes/oxley was put in place, people had to revamp their i.t. infrastructure and security systems, the whole mechanism by which you address the control environment for protection of cyber security. but the reality is that the attackers have advanced very, very dramatically, so in the last 24 months it's necessitated that people have to completely revamp at a very different level of sophistication. >> okay, miles. >> your job and your shareholders are paying you to run an advertising company, okay, and not be a corporate i.t. security guy. how much of your time as a ceo is now spent on cyber security and i.t. issues?

>> i probably spend 5% of my time doing it, but i spend 40% of my aggravation is devoted to things because you're not in control, but you're responsible for that that you're really not in control of, so you're highly reliant on outside vendors, outside consultants, your own chief technology officers, chief information officer, and the reality is what's happening now is you're outsourcing more and more of that capability because the most protected environments are usually outside the corporation itself in more specialized organizations. brian, you hit upon a very important point. it is a huge eye-opener because you hear these things and hear these situations like what happened with jpmorgan, what happened with bank of america and what happened with target, and it's very scary, and the level of sophistication of the cyber attackers only is increasing. >> absolutely. a lot of information, vinny, you've said that was exposed at sony could easily give its

competitors an advantage which brings me to my point. everybody is assuming it's north korea behind the sony hafnlgt you say it could easily have been another competing organization. why don't we worry more about companies hacking companies. >> yeah, i mean, i think there's a mystique behind, you know, these grand cyber espionage plots that you see in movies, but, i mean, more often than not why couldn't one company be hacking another company, especially for trade secrets, and when you talk about just the volume of information that was leading from sony, i mean, they are going to be feeling the effects of this for a very long time. any of their future negotiations, all of their numbers are literally on the table at this point. they are hiding nothing at this point. >> vinny, thank you very much for joining us. very interesting stuff. >> all right. so what happens when a $20 million joint beautiful yacht takes on a bridge. the yacht loses. that sad video coming up. plus, the chat you have to see.

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built for business. i'm going to explain this in just a second. it's a big day on "street signs," not one but two very well known ceos. ceo of one of the biggest advertising firms in the world and "shark tank's" own daymond john. why did you have them put this on me? >> on season six, called a titan vest. it has medical gels in there that you can heat up and/or freeze for recovery or any other purpose. it's basically compression technology that's weighted, so

if you have an extra 5 pounds on you. >> try an extra 30 pounds on me all the time what. are you talking about? >> one of the biggest cross-fits. my guys, if they can do 100 pull-ups in this thing, they can do 110 when they take it and i am dead tired afterwards and we eviscerated this gay on the show. cuban called him a snake oil salesman. kevin called him, well, kevin called him a phones royalty deal and a jerk at the same time. but i found out this guy was the real deal and this is the real deal. >> inspired the -- according to the -- opportunity in the marketplace that you saw? >> i saw this because i wore a regular heavyweighted vest to the gym and double hernia in two weeks, the vest did not move with my body. this one, because all the gel is attached basically where the mussel is, i realize i can move fast we are this and i'm doing 20 pushups or 30 pushups what ever is the case. >> doesn't make you sweat, very breathable. >> makes me feel like i have

muscles. that is just -- >> i microwave this and heat it up before i go on. >> few by, urban street wear, do you see an opportunity to combine the two, street urban wear that has the hydro gel pads that makes you lose weight at the same time? >> i like the idea, we just acquired the company etonic. >> what happened to them? >> it's gonna go well now. i mean, you know -- >> blow it up now. >> gonna blow it up now. hakeem owe lage juan sneaker out there >> 6 billion sneaker producers out there >> the best thing about sneaker, after 300 mile, get a new pair. new advertising firm. >> a suit, i can wear it forever. sneakers, i got to get a new pair or hurt my backs and legs. >> refrigerators and microwaves, they are making them toll wear out very fast. buy so many pairs of sneakers. >> one of our part negotiations frank lunt >> only wears suits and sneakers, 300 pair of sneakers. >> i have seen his closet. >> he thinks it is a fashion

wear statement as a business executive. athletic apparel changed the game. women now wear lieu lieu lemon in the daytime, not wear their denim, dresses, then put on their good stuff at night. athletic apparel wears out. >> even if they don't actually do yoga. guilty of doing that. >> a very flattering product for both men and women. lululemon. >> i look like superman. this is sweet. i feel like ironman. >> i'm going to the bar after i work out. >> we are going to the bar. >> endorsements for this as well, new york rangers, all kinds of pro sports. >> auburn practices and works out in it >> lost to alabama. >> you don't worry about it won't wearing our stuff at that time. >> where do you see the biggest growth market? is it for professionals, for amateurs, for just regular people? >> i think this is validated by professionals and i think the amateurs after that will also wear them, you know, because they will realize that just putting something like this on will actually help you as well as naturally the benefits of it just being a weighed product on your body, so i think it always is validate bade a certain group

of people and then the mass market are the ones who make the money. >> sorry. >> also make it seasonal, you can put all of those in the freezer, sos if the's really hot outside or comfortable like your racing wear on your race car or in the winter time, if you're, you know, doing outdoor activity, put it -- >> also curriculums, a curriculum like a zumba but official titan vest in it. >> i was actually thinking about when they brought it out, i was looking at it i'm a p a -- i'm a paddy certified scuba diver. the weight belts are awkward, one clip, supposed to take, the problem is this would be difficult to get off if you needed to -- >> navy s.e.a.l.s would use this? >> the s.e.a.l. team is training in it asked special ops for it to be a 20 to 25-pound body suit but figure that will throw them off a little bit in regards to their form but there's going to be a vest for everybody, whether it's a female cat suit, whether

somebody doing yoga, volleyball, different movements of the body, we are creating a full line of titan equipment. >> mandy a leopard skin. >> anything for -- >> well, yes, all depends on what you're going to do with hockey, what your position is, but absolutely, one of the skating teams, i believe norwegian skating team, excuse me if i'm incorrect, they said they created it -- won more goals with the vest on and the pads, coming with the ice, putting the pads in the refrigerator putting them on, recover faster the next day. >> of course the canadian asks about hockey. >> ask about hockey. it is a cult. >> i will post that >> i will till the exact team. >> are you a maple leaves, who are you? >> a maple leave fan, from toronto. used to be the team photographer when i was 21 years old. >> things you learn on street signs. >> amazing. >> doing what you love. >> done in your path. >> promo shark tank is what the prompter says. >> let promo this, catch more of daymond and the whole shark tank

gang here on cnbc prime. and also teasing all show the yacht that hit the bridge or the bridge that hit the yacht. coming up, show you what the rest of the yacht looks like on the inside, our very own robert franks has been on board. he is next. ♪ music

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yacht hitting a bridge. it sounds like a story for mr. robert frank. were you on the -- were you on the bridge or the boat at the time? >> i was not -- i have been on this boat though, we were there a year ago, we got some footage from that. this is 161 yacht built in 2009 by trinity. the current owner is russ wiener, the 44-year-old las vegas-based billionaire and founder of rock star energy drinks. so, this is the yacht that caffeine built. the boat has five state rooms and a seven-person spa pool, really is a cool party boat. rock star was being towed from lauderdale to miami for the art basil fair. it happened in the broad causeway between north miami and bar harbor. the tow company requested the bridge could lower both sides so it could pass, as it went under, the east side collapsed and fell on the yacht, took out part of the roof. 12 people were on board. thankfully, no one was injured. sources tell me wiener had just gotten the boat repainted at a cost of more than $600,000.

the boat is for sale for $21 million or you can charter it for $250 a week, though not any time soon. >> we scream about infrastructure issues all the time on this program. and this is proof that even the super rich are not immune from these super stupid infrastructure -- in this country. >> this bridge had been declared functionally obsolete four years ago. >> and still running. still running. >> four years ago. >> make light of t we are lucky this is all it was and nobody on the boat was hurt. 15 people on the boat. >> steel beats fiberglas every time. >> i was gonna say the same thing. >> is that like rock, paper scissors? >> thank you so much, robert franks. >> and thanks for coming on the show today. >> loved being here. thank you. always a treat. >> leave us with a nugget a gem, we have got like 20 seconds. >> the world -- >> words of wisdom? >> words of wisdom? persistence and determination alone is only anymore tent is

what ray croc said, you just got to keep trying to and trying to anding, that's the key, every entrepreneurial success story is about determination. >> that's great nugget and ray croc's company invented the mcnugget, they are related. you are very quick. you could be on tv. >> i could. >> nice to be here. thank you. >> thanks for watching street signs, everybody. >> "closing bell" coming up next. and a welcome to the "closing bell." i'm kelly evans here at the new york stock exchange. >> i'm bill griffeth. dow 18,000 -- it is looking doubtful right now after the central bank in europe signalled that it will stand pat, at least for now, and then we have new head lanes around midday it could prime the pump some time in january. that seemed ton turning things around a pretty volatile day for the u.s. markets. we will get a view and exclusive interview with the ken fish he, joining us here at the new york stk