whole thing with the nund patriots and about the ball and the fact that everybody is talking about whether or not that really helped out the team? >> well, hey, look they're a great franchise. they have a hall of fame coach. i don't know how much of a difference it would have made. obviously there's a reason why the nfl has certain protocols on equipment and things like that. they'll look into it and get to the bottom of it. >> i appreciate you joining us. thank you so much. >> barry sanders for us. that's all for us. "power lunch" begins now. >> we welcome you to power lunch. i'm sue herrera. >> i'm tyler math son in chicago where once again morning star exclusively on cnbc will announce this hour the winners of its very coveted mutual fund manager of the year awards. we've got several of the winners right here in the house. we'll be hearing from all of them later this hour and in to street signs. stick around.

they'll tell us what they expect for 2014 and how their position -- >> now higher right now by 14 points. reports that the -- has decide odd a 50 billion euro a month bond buying program for at least a year. those reports come ahead of tomorrow morning's ecb meeting. we're also watching microsoft. today is a make or break moment for the tech giant. right now it's unveiling its next generation of windows software. >> stocks move quickly at the open. it's europe. it's oil. it's chooip. three sect or that is are moving today. let me show you germany which by my eyeballs closed at an historic high. there's been talk that the ecb

might announce a program. 50 billion euros a month. 50 billion euro ones on its qe program. some people think it's not enough. others say it's a start. germany moved up on that news earlier on than down. then slowly drifted up. it's closing at a historic high. elsewhere, oil has stabilized around $45 to $48 in the last week and a half. that's very important because that means stability in the markets, and particularly better news for oil stocks. most of them have been moving in the last several days. here's a few of the big names. this may be the point where we're starting to turn around. certainly a good sign. finally, china had another wild day today. look at these moves in the shanghai exchange this week. down 8% on monday. tuesday up 2%. today up 4 parking lot 8% here. there was a lot of talk of changing margin rirmtsz. that caused things to get crazy. here's the big etf for china. that's the fxi here.

that stock is near a four-year high. back to you, guys. >> thanks very much bob. how should you invest if the ecb does impose that bond buying program of 50 billion euros per month? let's talk about that with hugh johnson advisors and jeff stout, chief investment strategist at raymond james. nice to have you here both of you. >> you think this is a good program if indeed that is exactly what happens. how do you invest with that background now? >> >>. >> what you really want to do with those position suz want to buy many my judgment u.s. multinationals. it could include a whole mess of companies. certainly budweiser would be one. anheuser-busch. colgate. american express.

if indeed the package has been rumored and out there in the markets, you would think that perhaps they should have done more? >> well i think the $600 billion, if he is right and they do extend it into 2015 is over a trillion, but a disappointment would have been 500 billion euros. 600 billion is a little above disappointment, but not as good as a trillion, which is what the optimists were looking for. it probably means a weaker euro a stronger dollar which would be an off set to the u.s. multinationals unless they hedge their currency risk.

>> i think we're getting a strength inning in this country to list the various earnings calls. you hear companies talking about their equipment, actually starting to wear out. technology is the direct beneficiary of that. i think the demographics, my generation, is moving into the 60s, and so health care even though it performed very well last year we think still has the wind at its back. >> you get the final word hugh. there have been some disappointments on earnings. how do you think the season antoinette carnivale is looking to you right now? >> energy is still yet to come. that's going to be a big disappointment. nevertheless, if you look at it about 70% to 75% of the companies appointed have given us earnings better than expectations, but still the growth rate of ernkdz will also see it in 2015 and 2016, and it will be low to mid single digits, and it's hard to make

the case for a real strong move in stock prices under those conditions. particularly if the fed is leaning towards restrained or starting to raise interest rates. let's say i'm okay with it. benefitting from an increase in profit margins and a surge in premium revenues. the stock, you can see, they're up 3%. other health insurers are moving high as well. you can see aetna, signature, humana, all tyler. now back over to you in the windy city. >> chicago is comparatively balmy. we're here for the morning star mutual fund manager of the year awards. each year morning star selects winners in five different

categories. if you are lucky they manage your money. we start with the domestic stock category, and, unfortunately, the managers in this category could not joan us today. they're the group from the prime cap odyssey funds. let me tell you that these guys do it very very well. they buy stocks and patiently wait for the value to be recognized by the rest of the market. what worked for them in 2014 i will give you three ideas. one, biotech. second pharma and, third, big bets on airlines. not just last year was good for them. the past five years have been absolutely spectacular. if you had put $10,000 in the prime cap odyssey fund group five years ago, $10,000 today would be $26,000. i can't say that about my funds alas. you would have done very well. the winners in domestic equity the prime cap odyssey funds

group. now let's take a step back and look at exactly how morning star selects the best of breed front winners for 2014. >> this is not simply an award that goes to the top performer from the previous we're. i'm swron hail, the director of manager research at morning star. we cover 121,200 mutual funds. each analyst over the course of the year is keeping in mind do i have a nominee for fund managing. december the nominating committees meet and narrow down the field to usually three candidates. what we're looking for are managers whose 2014 performance was outstanding, but was also emblematic of a longer term record of excellence. managers that eat their own cook issing an important thing with us. how much does this manager or this team have invested in the fund that they manage?

the toughest thing about picking the winner is that they're all excellent choices by this time and we are making very fine distinctions. it's a pretty meaningful thing for a fund manager to get this award. >> and now you know how they did it. when we come back after this short break, i'll introduce you to the winner in the international fund category for 2014 and we'll find out how she and her team are positioned for 2015. that's all after this quick break on "power lunch." do you have something for pain? i have bayer aspirin. i'm not having a heart attack, it's my back. i mean bayer back & body. it works great for pain. bayer back & body provides effective relief for your tough pain. better? yeah...thanks for the tip!

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>> welcome back to "power lunch." check out shares of boeing. the to come is higher by about a percent after strong demand for its fuel efficient narrow body jetliners despite the recent slump in oil prices. shaerz up by a percent in today's trade. now back over to tyler math son at the morning start. >> dom, thank you very much. it's time to meet the winner in the international fund category for 2014. let's see how she did it and her team invested in 2014. in 1024 the award goes to the

team at dodge and cox international. >> dodge and cox international do not lose money, which was unusual for a foreign stock last year. back in 2013 when emerging market sfox dodge and cox added -- they added new names, and some of those names paid off very nicely in 2014. >> why does the teamwork particularly well for you? a lot of funds are run by sort of alpha dogs who topt take the credit and so forth, but you have a team and, man, they've been there a long time. they've been more than two decades. >> no you're right. we have an average ten-year

among our nine members. 24 years at dodge and cox. i think the key ingredients are that we've worked together over a long period of time so we know each other very well. >> with that deep individual company research so we get a full picture of the risks and opportunities. that enabled us to make the best informed decisions we can. >> you've managed not to lose money last year. >> seven basis points. >> seven basis points. that's okay. in a category where the average loss was about 5%. you were in the top 9%. what protected you last year and what hurt you last year? >> well, it really goes back to

our ability to build conviction and have the staying power with that conviction, and that starts with our bottom-up research the fact that we know a lot about the individual companies we're investing in, the fact that our team has worked together over a long period of time so that intellectual capital that we've account over decades and having that long-term value focus. what are we paying and what are we buying? >> when you say long-term, you really mean long-term. >> we do. >> your turnover rate is about 13%, which means that you hold the typical stock in your portfolio for how long? >> seven to eight years. >> how does it look different than 2014 did. you've got global growth slowing. imf says that. you potentially have interest rates coming up in the united states. you've got mahero drogi doing something we expect later this week. what does it look like for you in 2015 and how if at all have

been been repositioning your portfolio. >> we nudge our portfolio gradually. we don't make big changes. the real issue we think about is we take all of those issues that you are raising, the macroback drop and all of the individual company issues, and we ask a different question. it's not what exactly is going to happen because no one can predict that. we ask what's priced in? that's where that valuation focus comes into play. >> we think there are attractive valuations in a number of companies across the globe, including in europe. >> you've had a fairly heavy -- you also are known rather anonymously for your peer group and being weighted in emerging markets. who do you expect from emerging markets this year and is that influencing the stocks you own in that part of your portfolio? >> we do see that emerging markets have greater growth prospects in the developed world. what we do own are 21 companies

that comprise about 22% of the international that are dom sil in the emerging markets. we see management teams that are running their business for the long-term owner. strong bess franchises and attractive valuations. we also own a number of companies. you mentioned wrurp. we own companies dom siled in europe. erickson, the swedish telecom equipment company would be case in point that have extensive reach into emerging markets to take advantage of that growth. >> a classic holding of yours is a large south african media company called -- >> naspers. >> how did you find them, and why does it represent sort of a lafk holding for your firm? >> that's a great question. >> we do deep research in individual companies. >> we saw particularly companies that reach into emerging market growth. our analyst was in mexico talking to the management team

with televisa. we try to -- we talked to lots of different people, and we often ask managements who do you admire, and they mentioned the management of naspers. as we did more work, we felt it was also an tractive investment opportunity started in 2007. >> you have owned that now seven plus years. >> that's right. >> fantastic to have you here. good luck to you. >> it's been a pleasure. >> sue, back to you, and when we come back here in chicago in our next installment of the morning star fund management year awards, you'll meet the fixed income manager of the we're. >> i look forward to that very much indeed. developing news now out of yemen. two u.s. warships are in position in the red sea offer the coast of yemen ready to evacuate u.s. personnel if need be. fighting has been raging in the capital city for several days now. the u.s. backed yemeni leader is

trying to hold on to power. his presidential palace has come under attack from shiite rebels. nbc's jim mickleciewski joins us. >> it appears that the rebel that is have staged this assault has taken control of pretty much of the capital and the governmental institutions. however, u.s. officials don't see this as a "cue attempt." they see this more as a negotiating bargaining process on the part of the houdis who have been pressuring the government there in yemen to share some of its power, and when they didn't get what they wanted, they resorted to what else, guns? now, the important part here for the time being is u.s. officials see no risk to the u.s. embassy in saana and no threat to the americans there. nevertheless, two amphibious

warships are stationed off the coast of yemen ready to launch rotor aircraft to the capitols to help americans there evacuate if that's necessary. i can tell you, at this point the feeling here is that that's not going to be necessary. that at some point the violence will end and certainly at this point the houdis and the government forces pose no threat. the biggest risk here is if the capital falls. if there's no government at all, and the country collapses into a wider civil war, wrem yemen is the home to one group, al qaeda and the arabian peninsula. al qaeda in yemen that poses the most serious threat to the american homeland. the houdis the yemeni government and the u.s. are all united in their efforts to destroy al qaeda there in yemen, but nevertheless, if this

government falls, that could put that all at a very serious risk. >> jim, thank you very much. back to the markets now. the dow utilities setting an all-time intraday high. if the dow, the s&p r5 or the nasdaq manage to close higher they would have their first three-day win streak of 2015. the gold market is under pressure today and prices are getting ready to close. we'll have the latest on that. plus -- >> up next a power pitch. boosting bottom lines with a lingerie start-up calling itself the new face of lingerie. will the panel see the appeal or vote it not so hot? >> my concern is 85% of women get their size wrong. how are you addressing that? >> can you tell us a little bit about how you can have better quality than victoria secret can do? >> stay tuned to find out. welcome back to showdown! i'm jerry rice here discussing the upcoming big race between the tortoise and the hare. jerry, the hare always brags about his speed.

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she's still the one for you. 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. >> starboard value reported a 13.2% stake in the company. it thinks shares are undervalued in that opportunities exist to demonstrate significant shareholder value. as a result, those shares you can see up by nearly 13% in today's trade. the stock is up nearly 40% to a 15-month high over the past three months but it's still 37% below its all-time high. that happens, sue, in may of 2006. back over to you. >> dom, thanks so much.

>> hi i'm morgan herman founder and ceo of adermi. it's a new brand of lingerie that holds to one purchase. beautiful lingerie for a price and level of service you never expect to be possible. i had the idea a few years ago when i was a student, and i wanted to offer lingerie to my girlfriend as a gift. i couldn't really find anything that was nice and affordable. this is how the idea came up. today we have beautiful high quality design lingerie that we offer for $39 matching set bra and panty, and we sell exclusively for website and mobile app. this concept, which to the best of zara victoria secret, and amazon to compose a unique offer

resonates very strongly with women across america with more than one million facebook fans we today are happy to invite you to join the lingerie revolution. welcome. >> welcome to today's power. you just saw him. now let's introduce our panel. we have kelly hoey chief marketing officer of cururio. she currently holds

boom. right now the challenge is the growth because we grow way faster than any other company, so we need to beef it up just to have enough to sell in a month or two months. >> nice problem to have. >> typically in december our revenues were four times as high as what it was in january last year. >> thank you. >> i try not to wear too much women's lingerie. >> fair enough. >> but i think i understand quality. can you tell us a little bit about how you can have better quality than victoria secret can do? >> we really cut the middle man.

vias is the almost only player in the u.s., and so this makes them the complete -- it gives them the ability to maintain very high prices. we go direct to customer. we don't do department stores. we have all the reason in the world to give the value that we say back to the customer, and that's why we managed have a product that is similar quality to all these great brands but a fraction of the price. >> what percentage of your products now are in house, and what percentage are relabelled? >> 100% in house. what we used to do in the early days was partnering up with some other brands because -- we've been over for now for almost two wreerz. >> birch box have gone from being purely ecommerce to have a bricks, a physical location. have you thought about doing that in the future? >> i feel so far the focus has really been to grow fast very fast, actually on-line, and the

next step is going to be physical retail. we'll do it. probably first by networking and working with some of the department stores. we've been approached by already almost all the big ones to do some partnerships, and we'll probably do that. >> can you explain, including all your marketing costs, how long it takes to get to a profitable customer? >> it's really fast. we're talking to be able in the same year to pay for the customer and reinvest the money of the profits. >> okay. we heard what morgan had to say. now we'll let you know if the panel is in or out. kelly, what did you think? >> we see lots of start-ups who are out there true and co. the line at target. a lot of new companies breaking into the space. there's a lot of opportunity. i don't see enough barriers to entry in temz of someone else offering a lower price and going after adore me. i'm out. >> what about you? >> after understanding the early business practices and seeing how big victoria secret really is in this marketplace, i was a bit concerned. after exploring the quality and the price, i'm in.

>> you are the deciding vote? >> as much as i lot of lingerie i am not a fan of customers going to the website and being defaulted into a subscription model instead of proactively choosing it so unfortunately, i'm out. >> what's your reaction for feedback sf. >> i mean, i spend my life building this business, and so far successfully. we are the third fastest growing business in new york state according to the 8500 ranking. >> thanks so much to morgan of adore me and also to our panel. that is the power pitch. >> so do you agree with the panel? tweet us using the _#power pitch, and let us fn you are in or out on adore me. >> time to check in on the meltses prices as the dow jones industrial average just turned negative. the gold market right now, last trade down about $1 .10 on the trading session. gains of better than 1% in

silver. >> europe's big stimulus. rick san at the elli. need to weigh in on that. ri. >> that was the headline of the day that gave us a glimpse into the future, if you will. now, not so much on the treasury side. keep in mind the one and three-quarter has been good support. everything changes tomorrow. if we look at the dollar index, just on an intraday something happened, and that really was the headline that sue was referencing. a50 billion euros purchases per month for at least a year. is it enough? after all the dust settles, we were the same place before the headline started. many think that means priced in will have to wait and see. stwloo well we just lost rick santelli. we're having some technical issues there. we'll get up-to-date with rick again in just a short while.

>> here up-to-date with the bond market report. well, these are the best of the best when it comes to investing. we're going to head back to ty in chicago for the morning star conference where he is going to sit down with a number one rated fixed income fund manager. find out where he is getting some great returns and his investment strategy as the fed begins to raise rates when it does, and as europe gears up for its massive bond buying plan. power lunch is back in two. i'm louis, and i quit smoking with chantix. i told myself for so long that i needed to quit smoking. i would quit then i'd go right back to it. chantix absolutely helped me quit smoking. along with support, chantix (varenicline) is proven to help people quit smoking. chantix helped reduce my urge to smoke. some people had changes in behavior, thinking or mood hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. some people had seizures while taking chantix. if you have any of these stop chantix and call your doctor right away. tell your doctor about any history of mental health problems, which could get worse while taking chantix or history of seizures. don't take chantix if you've had

a serious allergic or skin reaction to it. if you develop these stop chantix and see your doctor right away as some can be life-threatening. tell your doctor if you have a history of heart or blood vessel problems or develop new or worse symptoms. get medical help right away if you have symptoms of a heart attack or stroke. decrease alcohol use while taking chantix. use caution when driving or operating machinery. common side effects include nausea trouble sleeping and unusual dreams. i'm not worried about smoking my next cigarette. to me that feels great. ask your doctor if chantix is right for you.

>> indeed it has. negative. the nasa is hanging on to a five-point gain. >> dow jones industrial average.

back over to you. >> thanks very much. headlines to tell you about now. amazon pairing earlier gains after cnbc confirmed activist investment kyle icon did not have a stake in that company. similar rumors caused twitter shares to just just a few weeks ago. netflix soaring after topping earnings estimates and announcing its global roll-out will be complete earlier than expected. and standard & poor's agreeing to pay about $60 million to settle charges of misconduct. the s.e.c. against s&p has a one-year ban. standard & poor's, a unit of mcgraw hill financial. >> ty down to you. >> all right sue. s thank you very much. >> fixed income. let's see how a contrarian vet paid off big for this team?

>> 2014 morning star fund manager of the year award for fixed income goes to ken leech, carl, mark lindbloom, and expert asset poor bond. we really hope the funds stand out in 2014 with a contrarian bet on interest rates. a big portion of the fixed income market was positioned to expect interest rates to rise over fears of the fed taper tantrum and the fed raising rates. this fund really took the opposite side. they were expecting rates to decline and that really paid off. >> how do funds differ snl. >> the core fund is i don't feel one for more conservative investors. it has all the segments. core plus has some of the nonindex. high yelled. emerging markets, nonu.s. for

investors who can take a little more, but it does provide a little more. >> one of the reasons you were able to return to investors about 7.5% in 2014. top 3%. it ain't the first time you've been in that top sort of 5% to 10% over the years. you thought interest rates would come down. many of your peers didn't share that view. what do you think about 2015 and how are you positioned differently today than you would have been at 2014? >> well i think, you know for -- we at western, we have a team-based approach as you saw from our photo. we have a strong philosophy that's designed to be very explicit about whether it's a microor a macrostrategy. what's our expectation? what's the -- what are -- what do we think is going to happen? is there enough of a difference for us to take our position? do we have a margin of safety. last year we felt strongly that well, while growth might -- our forecast for growth might be

less than everyone else's we really felt the inflation back drop was much more subdued in the united states, but really extraordinarily more subdued globally and that that would keep the fed from raising rates as much as everybody thought early last year. >> as you say, globally the big surprise is global inflation is actually -- the u.s. is subdued, and we think it might decline modestly going into midyear. the challenge now is interest rates have fallen so low, have they gone so far that there's any value left in the treasury market, and we actually think the treasury rates are so low that even though we do see subdued inflation, we do think the fed will have difficulty raising rates in june as they desire. we think treasury rates will stay low.

>> as you look beyond 2015 and you try and handicap what may happen over, let's say, the next decade, my guess is that most fixed income managers think that we are at a point at which at some point interest rates will go up in this country. they may trail policy makers work very very hard to get inflation on a rate and eventually rising and interest rates will eventually rise. we just think it's going to take quite a bit of time. this inflation is like a super taunker rsh it doesn't change very slowly.

we think that's not an unreasonable forecast. it's priced accordingly. you know we think that this path to higher rates. what fund is a little bit different from -- >> great quality. agencies mortgage backs. even -- and corporates. why do you do that? >> i think in any fixed income fund, you want to have not only ou want to have a strong philosophy or diversified approach that it's ease wrer to make mistakes. we use all the sectors in fixed income markets. we have 47 analysts. we think that the opportunities, the higher yields the fact that the economy -- is gradual. give us an earning in those sectors.

>> it would be a poor call. we think but very slowly. we think that when you look at that market and that the single digit loss adjusted yields are beneficial when you look at treasury yields that are just so extraordinarily low. >> thanks very much. congratulations to your team as well. >> well, thank you very much. we appreciate it and thanks to the folks at morning star. we appreciate the award. >> ken leech of western. thanks again. all right. when we come back, we will talk to the award winner for 2014 in the asset allocation category. she represents a team that runs those target date funds. we'll tell you more about that when "power lunch" continues.

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welcome back to power lurching. check out shares of novartis. it's winning fda approval to treat adults with moderate to severe plaque psoriasis which is caused by a dysfunction of the immune system that leads to painful, itchy red patches on the skin. it's predicted top $1 billion in sales by 2020. shares still down by 3% on the day's trade. now back over to you in chicago. >> the fund manager for the year award goes to ann lester and her team who run the jp morgan smart retirement target day series. >> the series tends to be more diversified than a lot of its peers.

it holds the dedicated allocation to reets and has a market bias within its international -- also its tactical decisions are overweight u.s. large caps and underweight core bonds. it's an all weather type of series. >> run target day funds. it means a lot of different funds, but all of your funds, as i understand it have outperformed their peer group over the past five years. >> yes. >> what accounts for that level of kibt si apart from your sheer swreenus. >> how much risk for a 40-year-old, 30-year-old. how do we select underlying active managers from the over 200 strategies we have at jp

morgan, and how do we make tactical shifts in and out of different access classes as opportunities present themselves as the market do what they do which is always exciting. another 30 to 40 billion. two-tlirdz overall, and about just under half for 401k. >> is the most important thing -- i mean i get what our other managers do. they pick stocks or they pick bonds. you really pick other funds within the jp morgan management group or the funds that they run. what do you do during the course of a day? what are you thinking about? you're not visiting management of companies? >> we're talking to our own managers. >> we spent e spend a lot of time going into our strategies just like you're interviewing

these managers and -- it starts with understanding who the person is we're managing money for. >> who is it? >> it's our first client is a consumer manufacturer. >> how does your macroview, economy, growth budget deficits. how does that affect your tactical moves within different funds, and are your moves, if you think it's going to be a rough couple of years for stocks, are you more likely to grow more conservative in the near dated target funds than in the long dated -- >> that's a good question. so, i would say the macroviews inform the way we start, which is the strategic path. the mix of risk assets.

then the tactical views really anchor around near term forecasts, and if we think we're going to be in for a rough couple of years, which i say we do not, but if we do like we did in 2007-2008, we do scale back risk, and we do it across the whole path. we will take bigger derisking bets. >> we were talking earlier off camera about something that is always perplexing to me about target day funds which that becomes immensely popular. they're practically in every 401k. millions of investors millions of them in your funds. >>ly have the money i need for retirement. an investor needs to discuss something on a deeper level. >> it's the real risk with

investing for 401k plans is there's an implicit aassumption or some people think there's a promise there that we're going to be able to generate the returns, and the thing about defind contribution plans is that they're defined contribution, and the money you put in is as important or more important than what we're able to do to generate returns for you. you know we think that if somebody is putting away at least 10% of their salary and their company is hopefully matching some of that, so that their overall savings rate is 10% to 15% of their gross paycheck they'll be fine. what we'll do for them will absolutely get them there safely. if are you saving 2% or 3% no matter what you do we can't get you there safely. >> i want to ask you a question about target day funds. as i would look to compare target day funds, some are more aggressive. some are more conservative. if i was trying to choose between your target date fund and brand x and brand y's target date fund, what would you tell me that i ought to concentrate on? what do i need to know about the

engines in those machines? >> right. so first, the most important thing for me is how that manager is thinking about taking risk. you've got to spend risk to get return. losing is far more painful than winning makes you good. we focus on -- it is so true. so we -- every time we put money to work and we have to take risk. right? because otherwise, there's -- there is no return. to take that risk we think carefully about every single risk we're taking and say is it going to get us to the finish line and can we minimize the risk of falling short as we get there? >> thank you very much. congratulations to you. >> back to you. if you missed any of our big interviews of morning star's top fund managers in this past hour visit our website at power lunch.cnbc.com.

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in this hour of power morning star's top fund managers for 2014. the managers of the prime cap odyssey funds have the top domestic fund after belgt big on biotech and pharma. dodge and cox's diana strandburg named best international manager for keeping her fund in the black, and ken leech of western asset management income fixed income manager of the year with a contrarian bet of lower interest rates. we just saw ann lester with jp morgan smart retirement fund. she is the asset allocation winner after getting just the right mix last year. again, if you missed any of those great interviews this hour, go to power lunch.cnbc.com. now let's see what's coming up on "street signs" with mandy. >> we've got a guest on who has really called it. he faced really surprised

responses. he has faced shock and ridicule and he has been totally right in predict whatting will happen with the ten-year. we really need to listen to him. also, layoffs, big reductions happening at big names like bhp, and baker hughes. are the big guys in the oil really no better off than their smaller counterparts. we'll pose that question and nba valuations gone wild. well, we'll see. lots of things coming up. power lunch returns after this break. "street signs" starts at the top of the hour. 12345u hi. jon and pete najarian here. the popularity of options trading has skyrocketed. but we still hear from viewers every day

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. >> the oil market backed off of its highs. the stock market has weakened a little bit. right now we have the dow jones industrial average down 14 points. the s&p 50000 up just two points on the trading session. we are still higher but we are off the best level of the trading session. great interviews down there at morning star. >> four of the winners in the mutual fund managers of the year awards. prime cap odyssey, dodge and cox in the international western asset and fixed income, and jp

morgan and asset allocation. these are very patient long-term investors. they are all members of teams. there aren't any superstar managers here. teams is what counts. that will do it for this edition of "power lunch." >> "street signs" starts right now. >> do we have your attention? hi, everybody. a crazy look at the interview. we'll get to the markets and a return interview with the man who says yeah he did call these interest rates perfectly. plus, the scary oil stat that may shake up your investments and the measles hit disneyland. >> wow. i've got my attention. down up. down again. look at the dow. making up its mind today, and it's been moving at a range of at least 200 points today. that is the 14th straight session.