corporate governance getting them to take out of the defenses that so many other companies that are splitting, and that's really the story in part is the splits still putting in defenses to keep these takeovers from happening. quickly, final trades ticker? >> dal. >> post. >> psi. >> semantic. >> thank you. halftime is over "power lunch" and second half of the trading day start now. >> hey, everybody, i'm tyler, and ecb, qe what's it mean to m-e? me? that's what you want to know. what's the impact on you and your portfolio. let's look where the dow stands right now, it's two-thirds a percent higher at 17,660 and s&p about two-thirds a percent higher, and nasdaq moving up close to one full percent higher at 4707 and the russell at

1178. it is 1% higher. sue? how you doing? >> doing good ty. let's get you the details on what the ecb or european central bank did. it shot the big bazooka, a trillion year rows worth for the region. here's the headlines. in march, the ecb is buying up 60 billion euros a month of bonds. agency bonds account for 12% of the buying and end date is september of 2016 but that could be extended and we've seen that picture before. most assets but not all, will be investment grade. the euro headed for its worst month in ten and a half year, plunging 18 %. right now it is trading on the 1 .1378, down 2% on the trading session. the ten-year note at 1.819%. we are joined here on the floor of the nyse and most is agency, but as long as cypress,

portugal, and greece have an imf program, even if the debt is investment grade, they can participate in this. >> that's right. bottom line is this is an open-ended program. that's what everyone's talking about. not just one trillion. can go on if they don't meet inflation targets. people ask, why weak at the open? it was a massive bid in bonds all over the world throughout the morning, and i think that might have drained liquidity from the stock market. we turned around here in the middle of the day. hey, if the goal of the program was a lower bond yields it's a success. bond yields dropped in germany and throughout europe. the bund lost 8 basis points. it's 39.45. look at the drop in the german bund yields. it happened all throughout europe. in the u.s., modest gains in the u.s. financials up. technology stocks moving to the upside as well. some of the interest rates sensitive groups like utilities and telecom stocks are down as the dollar inarguably strengthened on the news there. there's the movement what

happens when the ecb is aggressive? sue, we asked our partners what happens times before when ecb has hinted at qe or announced other kinds of buying programs? a day later, the s&p 500 was positive 100% of the time. this happened nine times since july 2012 when draghi said whatever it takes, average gain is 1.4%. 100% of the time the following day the s&p is up over the two day period. in europe you see germany, spain, and italy, up majority of the times, up nicely here spain up and italy 3.2, and germany 1.7. these announcements -- first qe program, but it made other kinds of announcements like that definitely moved our markets as well as the european markets. >> bob, see you later, okay? now, the nasdaq 100 is positive for the year, we are following big movers uptown. bertha? >> hovering near the even mark today, really the best

performing sector led by big cap tech names like ebay on the back of the earnings today, one of the best performers here on the nasdaq 100. amazon and some of the other names in consumer names doing well. the momentum names even today finding love as well like netflix and tesla. apple is the big reason why. look at this apple chart. apple is positive for the year here, a week or so ahead of its earnings announcement. more enthusiasm for what it might report with regard to iphone6 sales, but it's reaching a technical point, a dollar away from its 50-day moving average. that could be an area of resistance if we get disappointing news. meantime meantime, the airlines very much on fire. boy, with that euro hitting a new low today, maybe you're thinking about booking a trip to europe. southwest earnings giving the whole group a lift. we got new highs over here for jetblue and american airlines. sitting out the party? bioteches today. investors can't get enough of

them, but they issued $2 billion in secretary offerings over the last couple days and a little bit of fatigue there. back to you guys. >>. >> all right. thank you very much. i was talking to the steve leisman offline, and michelle caruso-cabrera is live in athens with the fallout there ahead of the major election over there, but, first, to our senior economics reporter steve with more on the nuts and bolts such as there are nuts and bolts left to discuss about the move. >> tyler, there are. it's an interesting move. it's detailed here. i want to go through it for folks. some was said, but here's additional information. 60 billion euros monthly. remember they talked yesterday about 50. they leaked that to surprise the market. it runs through september 2016 except it doesn't. it runs until inflation ticks up. there is resharing. there was a question about that between the national banks that are part of the -- that make up the european central bank and

the european central bank. new, michelle will talk about it in a second. there are no special rules for greece except for the special rules that affect greece. michelle will explain that. i want to deal with this issue. was it a surprise? well, we might look at where important markets were positioned ahead of it. currency markets suggest it was. there's the euro hitting an 1 year low, tyler, go back to 2003 when i had, like 20 pounds less or whatever you want to talk about it. >> you and me both baby. >> the bund on a two-day chart here, lost seven basis points. you did not think rates could go lower. guess what? they can. as they go to 0.045, lost 7 points right now. now, at his press conference this morning mario draghi explained the overall economic goals of the program. >> taken together these factors should strengthen demand increase capacity utilization, and support money and credit

growth thereby contribute to a return of inflation rates to us at 2%. >> but there's skepticism whether it works. interest rates are low and the effect on the real economy is muted if banks did not lend the money out. tyler, the question is how much new money there is. the 60 billion euro includes the sovereign bonds which is new, but also the other programs that were already announced. >> stick around steve. we're going to go over now to athens where michelle caruso-cabrera is live with the latest on greece's election the reaction to the ecb, and the answer to steve's question about the no special rules for greece other than the special rules for greece. michelle? >> reporter: well, look at the way the program is designed tyler, it was announced by the ecb, there's enough characteristics to think it was designed purposely not to buy greek bonds. first of all, the duration of bonds are going to buy the vast majority that you couldn't buy from greece do not fit in that

duration. they are much longer term. they do not qualify. additionally, they talked about greece already being at its quota because the ecb already owes a lot of greek bonds, 27 billion euros worth. remember back to 2010, the prices were bringing down, and tried to be in the market that did not work. they held bonds for so long some of them are coming due this year in july and august. 6 billion euros worth that the greek government is supposed to pay back. that's how long they held them. plus, there's quality issues too. greece is not in compliance with the bailout program. put it all together there's no way we'll buy greek bonds under this program or if they start to buy them in july. why would they at this point? looks like the next prime minister of greece is likely to be the radical leftist leader making a speech right now in athens to a rally of thousands and thousands of people. he does not want to be in

compliance with the program. the party talked positively about what the ecb did today. i don't know if nay are trying to extend an olive branch but so far he says he does not want to be in compliance with the program, but renegotiate the program, and he wants the ecb to actually ease the terms on the previous loans that were already given to them. that's incredibly controversial if he's prime minister. there's a show down. the current prime minister is staying, hey, you need to elect me so that way we can stay in the program and eventually they'll buy our bonds. he has not actually been able to keep greece in compliance with the program either for political reasons. so definitely seeing an effect in the ecb as a result of the elections in greece. back to you. >> michelle thank you very much. what's going on there behind you? missing a good party, or is this the election rally? >> it's a party all right, the communist party. greece is such a leftist country, there are thousands of communists here holding a rally

beneath us singing soviet-era songs, not a joke. >> steve, turning to you, i want to ask you another question. based on the experience of the united states with quantitative easing, bond buying, injecting liquidity into the market what would you say the biggest impact of that has been? it's a different way of asking has it worked? has it in fact kept inflation higher than it otherwise would be? has its effect been to raise asset prices or what? >> i think it's all part of it. i am -- i always go back to what ben bernanke said. quantitative easing works in practice theory, but not in practice. the federal reserve went to an open-ended quantitative easing program that we had lower unemployment, we had inflation came down a bit during that period, but maybe not as much as some of the other countries that were out there as well and

growth also accelerated during that period. how it worked? the channels, unclear: perhaps through additional lending. we had something affirming in lending that was out there. maybe through an expectation's route, tyler, in that when the central bank comes to order and says we will not allow disinflation or -- >> what i hear you say is we don't know how it worked. >> not sure. >> we can point to numbers that moved in the right direction. >> right. remember what happened to european central bank their balance sheet fell with declining numbers and near recessionary growth numbers in that time. there's two examples out there, and draghi took a page from bernanke and yellen saying it was open ended. that's monetary circles how it works open ended. >> i just dropped my glasses, steve, i'll get them later. it's all right. steve, thank you very much. sue, down to you. >> pick up those glasses, ty.

which countries might benefit most from the ecb move and let's look at the management, miller head of north america at bering asset management. nice to have you here. john, first of all, do you think the program is big enough? do you think it will work? if so what countries do you think will benefit the most? >> well it's already working a great deal for europe. it's been working for the past month, the past almost quarter wherebe whereby the euro is weakening on anticipation of the qe and today it's working more. so it's going to help many countries in europe. i think germany will be one of the biggest beneficiaries because of the weaker euro helping their exports tremendously. it's, obviously, going to help the peripheral as well. there's a true commitment now to more integration of europe and that's going to hopefully help convince voters in the countries that it's a project that they

should stay involved with and that they should not vote for radical parties who want to get out of the european union. >> all right. >> it's also very good for japan. i can talk about that in a later moment. >> yes, absolutely. there's more information on japan on our website which i'll direct viewers to in just a moment. there's been a lot of talk this move is dis -- will take care of the deflation fears out there. how so? could you explain how that will work? >> yes. so the idea is that as you expand the monetary base, there's more money in the system, and the more money in the system generates higher inflation through time. obviously, the more lending you get, the more you expand your economy, the more you stabilize prices, notwithstanding oil prices but greater demand for oil would stabilize the oil price. that's the aim of the central bank. the ecb has just the mandate to control inflation. they are saying monetary policy will do that. we have to be cautious about

taking sort of one day of euphoria, extending that into saying somehow monetary policy can cure the slow growth ills that plague europe. they can't. >> you also think that sweden will be a beneficiary, and a lot of people don't think of sweden as not being part of the ec but generally doesn't have some of the same issues. why will sweden benefit specifically? >> they export a lot globely. it looks like germany in terms of the industrial composition and market composition. any relief you have in the euro extends into the swedish market and i think it creates a currency led growth that john was talking about. >> all right. speaking of john john i know you're going to talk to us more about japan. that's going to be online. john hays thank you very much. indeed for more on john an hays

global bike spicks, go to powerlunch .cnbc.com with more. dom? >> watching shares of the network, stocks climb after they upgraded the stock from a buy from a prior neutral and up to 80 bucks a share, citing the company's strong lineup of shows in 2015 and as a result shires up 3% in today's trade. back to you. >> thank you very much. gridlock in the busiest ports. jane wells is in los angeles. hi, jane. >> reporter: hey tyler, a great year for the ports of l.a. and long beach because of volume but contract talks, congestion here is reaching epic proportion proportions proportions. why not use this wide open lot? it's complicated. what this means to earnings reports coming up. we'll be right back.

the long time speaker of the new york state assembly arrested today charged with federal corruption. the federal government says he used his office to get millions of bribes over the years, and then covered that all up. that's u.s. attorney making the announcement right now.

let's go to dom chu for a market flash. >> watching avon. you'll see a spike on the screen. the stock is doing this. street account references a report attributed to deal reporter that the company was in talks with private equity perm tpg. as a result, the shares up 15.5%. again, not confirmed here but reports citing deal reporter saying that private equity firm tpg, tyler, may have been in talks with avon products leading to the spike. over to you. >> two pieces of dramatic video from ukraine in the news room. a bus was hit by a shell in the rebel controlled eastern part of the country. seven people killed. the ukraine army is blamed for this. >> this is video of ukraine's main airport in the eastern part of the country. it has been the scene of terrible fighting and shelling over the past several weeks. you see the airport is pretty much gone. pro-russian rebels hold the

airport. the ukrainians say they are still in charge. there's not much left either way. the rsx is the main russian etf, and it is down about 41% over the past 12 months but up big today at 4.5% roughly at this hour. sue? >> airline stocks flying high. southwest and alaska topping earnings estimates, united continental with mixed results but shares hitting a 5246 week high. everything's in the green. same president transports railroad, yun your pacific, and jp hunt higher after beating the street but verizon is going the other direction edging lower, earnings in line with expectations, but the stock under performing since mid-december compared with the rest of the dow-30 peers. back to you. >> port problems persist out west finger pointing who is to blame? jane wells is live in los angeles. jane? >> reporter: tyler, expect to see the word "port" show up in earnings reports seeing more

than a dozen ships parked offshore waiting to get cargo here. look at the wide open lot. the port said hey, use this. operators are not taking them up on it. they say that's not the point. look at this video. congestion here is already huge. there are containers stacked up all over the nation's largest port container complex. the point is to get cargo out of here completely. it reached epic proportions. how come? well, look at the gopro video up on this crane. here's the deal. management says dock workers refuse to provide enough crews, and dock workers say management is refuseing to ask for the crews. someone is lying. they both cannot be right. >> what's happening is with respect to yard crane operators, we're getting less than half of what we need to operate the facilities today. those that are working are working at a less than normal operative pace. >> i can tell you as a matter of fact that the iow stands ready to work every vessel that's

called into the port to man every crane against those vessels and to unload as much cargo as we can off the ships in a moment's notice. >> reporter: congestion is so bad that the pacific maritime association, the pma, or management stopped unloading cargo at night. now, two internal operators did it anyhow working night, and they say the pm afined the two firms $50,000 each and suspended them from the pma. the pma says no comment. it's such a mess that spot rates to take your cargo from asia to east coast via all water jumped 5% based on demand. back to you. >> wow, jane thank you so much. appreciate it. all right. we're going to talk about trades you can put in now following europe's trillion euro stimulus plan. stay with us to see how you can play with etfs. as we head out, the major stock losers this hour with big percentage losses on land's end and travel zoo., and "power

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headquarters, about four miles south of it here in edgewater, new jersey. remarkably, nobody was hurt. the fire was so strong, the smoke was smelled all the way into manhattan on the other side of the river. no word on a cause just yet. ironically, this was an avlon apartment complex that 15 years ago burned to the ground as it was being constructed. this is the second time this place has been engulfed in flames. this time 400 families were displaced. they basically lost everything last night. dom, market dplash. >> watching shares of blackberry in the session stock moves higher on reports from canada's financial poegs that samsung is continuing to pursue the acquisition of all or part of blackberry, and the stock up 7 % in today's trading, trading at 22 million shares well above the average trading volume sue, over the past of the three

months. back to you. >> thank you very much. draghi laid out a trillion dollar bond borrowing plan and while it takes time to settle there's bets on how the ecb plan might shake out. let's see how the next guest plays the ecb decision. kevin kelly joining us chief investment officer at recon capital, running the first u.s. listed etf tracking germany dax index. nice to have you here. >> thank you for having me. >> what is the best way to play what mario draghi did putting something in place now in the anticipation it takes time to play out. >> sure. look at the previous quantitative easing programs happening in the u.s. and in japan, you got to see a lot of multiple expansion. right now, the dax is trading at 12 times forward earnings and the u.s. is trading at 17 times earnings, and it has a 1.9% yield, and germany yields 3. %2%.

you're seeing the expansion plan should help multiples grow. bmw trade the nine and a half times earnings getting 60 to 80% of the revenues outside of europe. so we expect multiples to expand and sales and revenues to expand as well because of the depreciating euro. >> right. what would you stay away from? part of investing is not just buying the right things but avoiding buying the wrong things. >> yes. you want to avoid higher yielding and junk instruments, right? the ecb said they are going to go into high grade products, and one product that may actually get a benefit is the ten-year treasury because it's yielding more than its european counterparts. look at high yield fixed income products as well as blue chip companies that are exporting out of europe and so a lot of constituents in the dax do do that.

you have behr which is one as well. >> you have the etf that tracks the dax. when did you launch it and why pin point the dax versus another european force? >> launched october 23rd of last year. it's a relatively new etf into the marketplace, but it's deep in liquid because it's the dax constituents. one of the reasons why we did that is because it concentrates on the top core 30 names in the index and in germany. so competing products have about 55 constituents. they include small to mid cap names with exposure to the european economy which is, as we know, could be in a denation their mode and germany itself and top names are expanding. >> all right. plan to launch any others? anything in the works that you care to give us? >> yeah. looking at the ftse 100, looking at other great zratstrategies to bring ashore for american investors. >> do you personally invest in

it? >> we do. they are liquid. they are transparent. they are etfs giving great exposure to overseas market and very tradeleable. >> kevin, best of luck. >> thank you. >> sue, thank you very much. gold prices are closing now as we mind the metals. there you see gold up a little bit at 13.01 silver copper palladium, platinum because i'm on base metal, there's silver up about 1%. copper continuing its slide at 2.57, and palladium and platinum up just a little bit today. let's check the bond market on the back of the european central banks big stimulus plan. rick santelli a little bit to talk about today huh, rick? >> absolutely. central banks are the best thing for ratings on cnbc. what they do if it works, that's besides the point these days. look at the 24-hour chart, couple things jump out.

definitely yields move down. now they are coming right back. we're actually higher yield on the day, but a two day chart says it best. fixed income market was not nearly as surprised as the euro mark, and if we look at what happened to ten-year bunds, you know they had the highest yield close yesterday all year, even though it was only like 53 basis points. look at the chart of the bund. it got intra-day as 50 base points. not a surprise there either. here's a surprise down three, the euro-yen it is now at the lowest level since november 2013 versus the yen. back to you. >> all right, rick thank you very much. look at the s&p, the etf tracking the s&p one trader bet a half million dollars on that etf. betting that it will drop below 195 by tomorrow's close. if he's right, he stands to make

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welcome back to "power lunch," this is market flash. check out union pacific, soaring after the fourth quarter earnings chugged past on higher prices and strong freight volume, up 4 .5%, crude oil increased, they expect crude and fracking supplies including sand to be head winds in 2015. kansas city southern csx, and norfolk southern rising after a tough start to the year. back to you. >> morgan thank you. rallying after the trillion dollar stimulus move announced by the european central bank today, and europe is not the only market region that is rallying india's stock market extending a bull run for a sixth consecutive day. the bombay crossed the 29,000

mark. sue? >> ty u.s. markets are higher with the dow up triple digits, and nasdaq and s&p higher as well. back to today's trading action with bob. >> obsessed with the european central bank but the leadership group is financials. they have having a great day. two reasons here. the regional banks, we had decent, not great bank reports, but key, bbnt most beat here. it's true low growth anemic, but it's good enough. those are nice numbers they are putting up. the second reason is hey, we got a deal. we have not had a deal in ages in the bank group. royal bank of canada's buying citi national a great 25% premium. 93.80, including cash and stocks. 25 % premium? heaven. people are saying let's get m&a activity in the mid size bank area. there's not been any in ages. some are $2 to 5 billion in market cap move up.

umb financial or tcf financial. those are up there. signature had great earnings upside and east west bank corp., up 3, 4 % on the merger talk. potentially down the road. >> let's bring in kenny to talk about another item, and that's an article posted on cnbc.com posted wednesday to cnbc.com and in a nutshell there's a single trader or entity that purchased a half million dollars worth of puts betting the spy, the etf that tracks the s&p would go below 195 by the close of business tomorrow. now, if it drops below 19 5, they net $12 million. if it stays above, they lose the half million or so they put in. there you can see it's trading at 204.32. you do not think it's an individual trader necessarily? >> well, it's not an individual trader that's going to go naked short that call, just assume after the announcement the

market would crack and go. someone could have done it of course, but i think this is much more, clearly a hedge of an institution protecting a larger equity portfolio because no one knew which way the trade goes based on draghi and all the speculation. easily could have disappointed, and you could have seen the market do exactly what this debt -- what this hedge was really trying to protect. >> how big a bet is this? put it in perspective in terms of what we normally see. >> very small. when you say naked shorts sounds dirty when you do it that way. >> it's a family show. a family show. >> this is a weekly option. this is a bet on the ecb. the people doing this were betting that the ecb would disappoint. that's a hard call to make. >> two sides make a mash. it was a crazy thing to do that. we knew they were try to do something big, and they did. >> you talk about as an asset manager, protecting the portfolio, you have a big portfolio, take no insurance on it, and they disappoint it and the market cracks he loses

value in the portfolio. >> maybe they don't disappoint, but it's factored in the market. >> that's the bottom line. >> protected themselves big. >> the overall money compared to what's trading every day is small. >> okay thanks guys appreciate it very much. check out the article on powerlunch .cnbc.com, and we appreciate it, guys. what are you doing over there? stop it now. the ultimate judgment on mario draghi -- it's the naked shorts thing, ksh the stimulus news has been and will be the news. sara eisen has where it stands now. >> a lot of shorts i don't know about naked ones. you see it in the euro action. it is plunging we're at levels not seen since back in 2003. this is even after a 16% move lower in the currency in the last seven months on expectations that qe from europe was coming. draghi won't say it, but that's

the desired effect. it helps exports and boosts economic growth. this is what a currency war looks like. not just europe. denmark, canada, peru switzerland, india, all of the countries' central banks, and the last week alone cut interest rates taking an unprecedented dramatic steps to ease policy whether it's to fight super low inflation, driven by lower oil prices weaken currencies, everyone mentwants a weak currency fuelling growth. countries are in search of it. someone is a loser, and currently, that's the united states. the u.s. dollar at multiyear highs hurting american companies that do a lot of business abroad. everyone from amex johnson and johnson, we saw it in the earnings, expect a lot more of that in the coming weeks. will the u.s. fight back? for the moment, no. the u.s. economy's doing well. the fed says it's not too worried about what's happening overseas and the u.s. dollar. add it all up, stock markets

love this currency war. more qe easier policy. in the longer term though as one trader told me sue, that book has not been written. look back to the 1930s, countries were sort of doing this, exacerbated the great depression, created a lot of business uncertainty, trade barriers barriers, trade tensions, no one benefitted. that's the longer term worry. right now, it's party on. >> thank you very much. appreciate it. ty, up to you. >> thank you. chicago real estate has new wind in its sails. we are live in the windy city with the details. >> reporter: hi, ty. chicago had been a laggard in the nation's economic recovery, but apartment developers take big bets from laggard to luxury. we'll take you inside the building bling up next on "power lunch."

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welcome back calling your attention to what's happening with avon products. it is spiking. there's a report reference in deal reportering indicating the company was in talks with tpg. as a result, it's spiking. it was up around 19% at the highs in the session so far today. right now, sue, again, double its average trading volume already seeing 21 million sales transacted in the day so far. back to you. >> thank you dom. of course, new york is not the only place where you can find luxury rentals. chicago's high end real estate market gaining a lot of momentum in the windy city. dianna is live a beautiful city it makes sense. >> reporter: it's true, sue. it's cheap by new york standards, but the record sale last week of a brand new luxury chicago apartment tower has the city buzzing about new buildings, 111 sold for $328

million related of hudson yards in new york acquired the project after stalling in the recession. they focus on high end amenities and remember rents up to $12,000 a month and the record sale. all right. what's behind the boom? jobs. tech jobs. witness groupon bought the wrigley building google with a big presence and new startups all moving downtown. now, we're standing on the pool deck on the 12th floor of another related luxury rental. this on lake shore drive. same high rents here. same ultrahigh end amenityiesamenities. a gym, full business center movie theater, party rooms, president of remitted midwest caters to younger renters who work from home, but they don't like to sit in their apartments but come out into the building. related is starting another luxury tower. you can't see it. it's right down there across the street a hybrid rental and condo building. they are making some units

larger because they say more families are starting to rent. the rents will also be of course, far more expensive. of course, lots more online. realty check cnbc.com. tyler? >> let's continue with chicago, the power house heads to the windy city. today, we focus on the neighborhood of bucktown and with us from chicago is milly milly rosenbloon. check out market stats, 256,000, inventory at 8,000, and local services pratts on the market for about 89 days. our first listing, millie at 2300 west armage listed at 499, 1500 square feet of living space. first, welcome, and tell me where this neighborhood is. >> bucktown is from 1600 north

to 2400 north from 1600 on the east to 2400 on the west. it's just west of lincoln park. just west of lincoln park lake and all the lake front amenities. >> right downtown there. tell us about the first listing we mentioned at 2300 west. >> yes. the exterior of the building was built in 1900. the interior of the building was gutted and rehabbed into this high-tech looking two story duplex with a glass and steel staircase. there's a two bedroom, den, two and a half bath and private rooftop deck. what's nice about the unit is all of the windows, the open floor plan the granite, stainless steel, the marble and the medium color cabinets with the medium color flooring. >> it's nice on two floors very nice for many. second listing, 2012 west

shakespeare unit 1 $719,000 11,000 in tax, four beds three baths, 2800 square feet of living space. a house or unit? >> tyler, this is also a condominium in a three unit building. this is the first floor unit. the duplex is down. you have two bedrooms above, two bedrooms blooe. there's a huge front terrace. again, this is an open floor plan, the difference is it has dark es press sew cabinets and dark flooring espresso. a huge master suite, master bath, steam shower walk-in closet and a terrace off the back. >> power house of the week at 228 west palmer new construction, $1.2 million taxes are 1.5 to 2% of the purchase price. five beds, three and a half baths, 4,000 square feet of living space. that is a big place, millie. >> it's a big house, five bedrooms is a big house, 4,000

square feet. it's a three story. the home again, is a very open floor plan. bucktown is a very contemporary area with a lot of open floor plans. this also has dark floors dark cabinets, top of the line appliances, lev up over the ones we just talked about. marble bathrooms, and a lot of closet space and a huge yard. >> love chicago -- >> two car garage. >> love it. save one for me will ya? >> i will. >> thank you very much. sue, down to you. >> i can see you in one of those, ty. >> you bet. >> especially the last one. stocks jumping today dow up 130 points, if the dow nasdaq and s&p end up higher it's the fourth straight gain and we'll see how it goes. "power lunch" is back in two

back here on "power lunch," session highs now, the canadian fertilizer and farm retail dealer would pay out a larger percentage of free cash flow as dividends and buy back up to 355%

of the shares propelling gains up 5% today. over to you. >> thank you. >> in this hour of power, dow holing gains, up triple digits on the trading session. amc networks climbing as they upgraded the stock to buy from neutral from ten bucks a share to 80 a share. that's the new price target. avon spiking this hour as cited a report indicating the company is in talks with tpg about a potential transaction. all right. if you missed any of the big stories in the past hour, go visit our website at powerlunch.cbnc.com. >> buying a trillion worth of euros, a trillion euros worth of government bonds, will it fend off deflation? 27% say yes, 24% say no. another strategy is needed, and 48 % say maybe it works, but

it's too early to tell. i think i'd be with that group. now, if you're traveling to cuba now, you wonder what goods you're allowed to bring back and how much. we are live to havana next for the details, but, first, let's see what's coming up on "street signs." well is it now a stock pickers' market? which stocks? soda stocks are bubbly as of late. we'll figure out why. we have with us miles, chairman and ceo of the ad agency mdc partners, staying with us to talk all kinds of things lots of things from lofty prices for super bowl ads to doing business in europe now. join us at the top of the hour for "street signs," but "power lunch" returns after this break.

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call now. all right. back to "power lunch" what's happening with janus capital, coming in above expectations helped by new higher build growth, the conference call company acknowledged gross invested his own money in the new unconstrained bond fund up 10.5% on today's trade.

back to you. >> that's eating your own cooking, baby. the u.s. and cuba working to normalize relations like travel restrictions. if you happen to go there, what can you bring back to the united states, and how much of it? a very worst in tropical looking is in havana cuba. >> reporter: biggest questions we get down here is how much can you bring back to the united states irnd the new rules? remember, before if you were able to get to havana on a tourist or some kind of travel via, you were not able to bring back anything in terms of cigars or rum. all the things havana is known for. now, new rules in place friday say that you can bring back up to $400 worth of goods, but just $100 worth of tobacco or alcohol. here in havana that means cigars and rum. how much can you get for $100? we wanted to see. we went to the store around the corner. we asked them, put down $100,

what can we get. this is what that he showed us. six bottles of havana club rum, everyone asks me to bring this home to the u.s. there's the seven year three year, and this is a lot of rum, but the cigars are more expensive. these are the very expensive ones at $23 cuban, a little more in u.s. money for these percy gar. this one is the lancero, it's chopper, and this one was fidel's favorite cheaper, but all in with hundred bucks, we can only afford four cigars. that's what you can bring back now, guys. >> thank you very much. live in beautiful havana cuba. where saul that rum going, ty? i don't know about that. all right. that's all for us on power lunch. >> a great day, sue, thank you very much. and "street signs" begins in just three, two, one second from

now. ♪ ♪ 1.3 trillion is that stimulating enough for you? hi, everybody, full reaction and analysis to europe's monster money printing plan ahead. plus is this the perfect time to buy european stocks? a potential clue as to whether the big oil names bottomed and proof that good stocks can, indeed come in small packages. >> a lot of good things come in smaller packages. all right, we are looking at longest winning streak of 2015 for the dou, s&p, and nasdaq. okay, yeah, i get it. it's been four straight days but nonetheless, and, also our year to date losses have b