competitors to really hold on to customers, use data strategically and drive magic plus logic meaning infrastructure and supply chain. >> magic plus logic. i love it. oliver, thank you very much. again, he's taking macy's to a $27 price target and an outperform rating. that does it for "the exchange." stay right there because "power lunch" begins right now. yes, indeed. please do not move, not an inch. welcome to "power lunch. i'm tyler mathison and here is what's ahead this hour the safety trade is growing, a returning list of companies cutting guidance, warning of higher costs and supply chain squeezes is it time to shift to defense with your portfolio? plus, the esg extreme makeover more funds are going green or are they just rebranding older struggling ones in order to capitalize on the movement's

popularity what's really going on here. and solchving the chip shortage cypress semihas to say hi, everybody. and stocks are moving lower midday to new session lows the dow is down 152 points s&p down 17. the nasdaq down 16 we're looking at i think seven out of eight down days so a decided trend. we did have a strong option for 30 years top of the 1:00 p.m this has only happened in the last 45 minutes. maybe some fed speak we'll continue to monitor the situation. take a look at the big pharma stocks cutting prescription drug prices, pfizer, merck, bristol-myers getting hit in today's session although minor declines shares of lululemon and rh better today a clear theme in home and workout that continues with rh up 8% and lulu up 11 all right. we have slowing growth we have covid concerns and

supply chain issues. we talk about them every single day right here and now companies are beginning to warn of a potential hit to their bottom lines the airlines lowering their forecast paint makers warning of higher raw material costs and last night "mad money's" jim cramer took note of the preannouncements >> today we've seen the nasty side of earnings, the down side. they're no fun at all. and we're not prepared for the damage two venerable companies both preannounced disappointing orders hey, you know what that is they disappointed earnings top and bottom why? supply chain problems and raw cost inflation >> take a look at some defensive sectors, utilities and real estate outperforming the s&p let's bring in senior port fold yoe manager with washington crossing and hugh johnson, chief

economist with gray point. gentlemen, welcome two of my favorites. chad, i will start with you. you say that now is the time to own high quality over low quality. low quality had its day in the sun. now you favor the other. what defines high quality, and where do you find it >> so we're looking for companies that are growing, profitable, well capitalized that have predictable earnings streams, predictable business models that has financial flexibility. so you could look at companies like pepsi, for example, or coca-cola or companies like hormel we believe those are the types of companies you should overweight your portfolio. low quality has had a tremendous run, companies that have a lot of debt on their balance sheet over the course of the last six to eight months. they have outperformed we believe now it's time to make

that rotation into high quality. >> what has changed, chad, to make that the better play right now? what's different >> great question. one is valuation, two, it's the fact that you have a global economy that's starting to normalize back to trend growth and, three, you do have a lot of liquidity and euphoria with valuations that are quite topee. it seems like everything is now a new asset class. with that said you want to be just a little bit more circumspect, buy the steady eddie companies and don't try to chase the market at this point >> hugh, i don't know whether you come down in the same spot in sectors and stocks that you favor right now but i do know that you are concerned about a slowing from the macro standpoint, a slowing of growth rates economically and a rising interest rate environment which is not good news for p/e

multiples and the willingness to buy stocks how troublesome is this environment to the broad markets and how long do you think that troublesomeness is going to last >> that's a great question >> as a result of the numbers we saw, the employment numbers for the month of august and lots of other numbers, the sharp decline in confidence, everybody has been revising downward their forecast for the economy and earnings for the current quarter. now you see companies falling in line starting to give us some real hesitation about the earnings they might have for the third and fourth quarter so we're getting downward revisions, as you've mentioned, a little bit of upward revisions to interest rates, not big ones. you're right, that's a bad combination. i kind of agree with chad in the sense that what he's talking about is high-quality companies, also large capitalization companies. so if somebody is really worried right now, tyler, if they're

really price sensitive, you might want to do something like respond to what we're seeing in the markets and buy large performing companies they perform well, much better than mid-sized companies that's a good idea you mentioned utilities, consumer staples, companies like jpmorgan and lots of other ones, companies that are large capitalization companies that offer pretty attractive yields again, if you're price sensitive, and that's the only reason you do this, you might reduce your allocation equities, move to consumer staples and utilities, buy large capitalization companies that chad is mentioning play it a little bit more on the safe side. now remember one thing which is important, this is an extremely volatile environment things could change on a dime. you could have prospects for the economy and earnings turn on a dime and so you have to be ready to change, but i think for the

moment, let's say through the fourth quarter and, quite frankly, 2022, it's a time to play it on the safe side >> hugh, i was going to ask how jpmorgan is a defensive name but if you're saying go large cap that would qualify procter & gamble just a final thought, if you want to name a couple places, you own pepsi, hormel and clorox what would you say to investors there? >> right so a lot of these staple companies have been under pressure like what you mentioned earlier in the segment about cost of goods going up, transportation costs going higher clorox and many of the other consumer staple companies are doing is increasing pricing. that pricing will be sticky and permanent. i believe, we believe, that over the next 18 to 24 months, though, you'll start to see a softening of the goods and transportation costs and supply chain issues will be eventually resolved which will lead to higher margins and for these types of companies

our viewpoint is three to five years out, kelly we're not looking to trade these companies that we're mentioning today. >> all right we'll leave it there, gentlemen. thank you both very much let's get over to dom chu who has a market flash for us. so check out what's happening right now. we're still watching the action, kelly and tyler, in chinese stocks, netease and bilibili and vows to, quote/unquote, seriously dael with any violations of its recent rules limiting the amount of time children can spend playing video games each week. now the south china morning post reporting the government has taken another step in the ongoing crackdown by temporarily freezing video game approvals. many of the stocks and the entire sector, kelly and tyler, under pressure because of those comments back over to you >> thank you very much, dom. and still ahead on "power

lunch" is the invisible hand of the market the best way to fight the chip shortage? former cypress ceo will tell us how he thinks the issue will get resolved plus, more funds are going green. but how green are they really? we're going to take a look at the move to rebrand funds with the esg label. and, later, football is back tonight and nbc's mike tirico will be back sports betting and full capacity stadiums it's back. ♪ i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx crafted by lexus. experience amazing at your lexus dealer.

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powering possibilities. welcome back take a look at shares of gamestop in the green right now. reporting results last night it grew sales but it's all about the digital transformation those reddit traders maybe moving on from gamestop to a new group of meme stocks, frank. >> bbig, vinco, attracting reddit traders as gamestop continues to fall. one posted today a bird squeezing worms in their hand and calling bbig one of their squeeze plays of the day another saying bbig, vinco ventures, might be the mt.

rushmore short interest at 22% for vinco ventures newer meme stocks including bbig, clover, trading higher they are losing faith in gamestop and the prospects of cohen's transformation strategy to online selling. >> every quarter people say this is the quarter if you read my twitter feed, i said three more months and had a bunch of people reply, yes, it's coming next quarter. that's what they said last quarter and the quarter before every quarter they don't tell us their strategy makes the likelihood there's a real strategy more remote i think some people are catching on >> so it's important to know gamestop announced a fulfillment center in nevada and customer care center in florida that would make sense for online transformation those moves clearly not resonating with the following. back over to you >> it's interesting, frank there's not much to say if

they're in transition or figuring things out but at the same time you could at least say that's what we're doing. i guess it was the lack of discussion about anything that upset people >> yes seven-minute earnings call, very few details. >> barely long enough to read the very top line. >> is it fair to characterize the reddit traders as really attracted mostly to stocks that have a large short position in them is that what they're all about >> i definitely think it's fair to say that's one of the big factors because that's where the opportunity is roaring kitty, the person who identified the gamestop short squeeze initially and he was right. he made millions off of it some of the other stocks have nostalgia sometimes. tootsie roll was a meme stock for a while. others, for lack of a better word, just determination to do something on the stock market or thumb their nose at hedge funds

and other traditional traders. >> and gang up on the companies that have a lot of short positions in them because that's where the biggest bounce can come frank, thanks. >> thank you meanwhile, it's a shortage that won't go away as semiconductor demand continues to outstrip supplies companies seem helpless a year into the shortages, ford and gm shutting down factory production because they can't source enough chips. apple and sony are facing higher prices from suppliers and shipping delays. solar companies complaining about shortages impacting solar panel manufacturing. the daimler ceo saying this week he doesn't expect the issue to abate until 2023 now we are getting some positive news today plans to open a new semimanufacturing facility in oregon what's next? let's ask an industry expert, the former ceo of cypress semiconductor. welcome. i don't know if you've had the chance to see the announcement in detail but is it the kind of move more free market as opposed

to government spurred that you'd like to see? >> it is a free market move, but it's one step upstream equipment not wafers i'm on the board of enphase and they've reported increasing quarters of revenue and what they did say is the revenue would have been even a bigger record if they didn't have a temporary shortage of semiconductors which is fixed by having three suppliers for the product that shut them down. the point is, you have to put much or most of the blame on the industries that are shut down. if they didn't buy the stuff they need to make their products in the appropriate quantities, that's their problem it's a national tragedy for us when the company's poor planning shuts down a 1004-acre site and

puts people out of work. i can't tell you how bad i feel about that but you have to buy the stuff you want i've been arguing free market for a long time. intel $95 million in new fabs. tsm $95 billion and samsung. that's a free mark at work it was described right when this country was founded how a city couldn't operate with the complexity of all the things that needed to have rooms to stay in, things to eat, all the tools and everything without the free market working. it's not the government that's going to fix this problem. it's companies the semiconductor companies will do their part to do it that was evident yesterday the lam announcement is another part of it >> t.j., it's an interesting illustration of what's going on over at enphase. people might say it's easy for him to say but how do we line up

semiconductors when they're at a shortage how did enphase do it? you're saying they've managed now to shore up their supplier there are lessons as well? >> well, it starts out that i used to be in the semiconductor industry and i'm on the board and helps even farther the ceo used to work for me and we both own semis. we know that fabs are big and slow and that you have to have a guaranteed supply so we qualified to suppliers for each part and a third supplier, so we have three places to go. now to be completely fair to the automotive industry, which is, frankly, not my inclination here, but they did get shut down hard they typically have for their high-tech chips -- most of their chips are available. so this is not a broad shortage. for all chips, the older technologies can you buy what

you need maybe it's a little bit higher priced okay, but i'll tell you about the higher price oh, my god, the prices are higher when i came into the industry a transistor was a buck. and today a transistor can be a billionth of a penny prices are high if they go from one to two billionth of a penny. the fact is the integrated circuits have driven our economy. so we have multiple suppliers. they have a very arduous -- it takes a very long time and it costs a lot of money and both sides. that's one of the reason they're not super preferred because of all the work you have to do just to sell them when you get that work done they only get one supplier and especially on the high end and they'll ask for custom chips, chips that do their little features that make the car a little bit better.

they're hung on one supplier if the supplier goes down, that's called the single point of failure in procurement theory you don't have them if you don't want to get shut down. well-managed companies don't have them. that's my enphase example. >> forgive me for interrupting, if i might -- >> one last point. >> go ahead. >> i will give credit because i've always said toyota managed around this. toyota bought inventory and made it through they are not having a 40% cutback. they're not shut down. when it hits toyota i will say it's not an automotive only problem. they paid for this on the installment plan >> we're pretty much out of time but my simple question is how the hell did we get here as you just said it's not just

the auto industry affected here. >> well, we got here because we had the covid recession. everybody, including me, maybe you, i bet if you ran one of those shows back, the economy is going to go to hell. everybody wants to cut back, wants not to be put out of business and one of the things you don't buy are chips. they'll put it in the inventory. if they don't have an order they won't make it. they don't want to get stuck with your chips that are custom to you we hunkered down with covid and the problem is from the time you say i want more right now it is six months until you get more. shorter for other stuff. and that's what happens. >> so it was the abrupt stop and the abrupt restart that combines to do this not to mention whatever is going

on in china, not to mention shipping issues and so forth t.j., thank you very much. we appreciate your time, as always great to see you >> thank you >> you bet let's take a look at tesla elon musk telling workers that early q3 production was challenging. that according to reuters citing an internal email asking workers to go super hard core in september to ensure a decent q3 delivery number. musk also says he sees the biggest wave in tesla history of end of quarter deliveries. the stock dipping then popping back as you see right there up now $4 in the aftermath of 9/11 news outlets in manhattan worked tirelessly to publish their newspapers, reeling from the tragedy and struggling to contact reporters across the city but none as much as "the wall street journal." after the break we'll speak to the paper's former managing editor who worked to get out an

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the offices of "the wall street journal" were destroyed in the september 11 attacks on the world trade center the paper still managed to publish an addition the next morning. assembled and distributed by journalists, editors and delivery drivers across the tri-state area and the country the september 12, 2001 edition won the 2002 pulitzer prize for breaking news reporting. joining us now is paul steiger and a former "wall street journal" managing editor in charge that day. welcome. it's good to see you >> likewise. >> your offices were right across the street across west street from where the towers fell what can you tell us how the collapse of the buildings affecting your ability to get your people out and to get a newspaper out? >> one of the lucky things was

that it happened early and so there were not that many people in the office at that time slightly before 9:00 when the first plane hit. i happened to be there and one of my top deputies, thank goodness, happened to be there we were going to work on budgets. instead, i was able to ask him, well, if we can't put the paper out here, where can we put it out? and he knowing the way our computer and production systems worked, he figured out with a phone call or two that we could produce a paper from a satellite office in south brunswick, new jersey, near princeton and that's what we set out to do it was a piece of good luck amid a lot of bad luck and combined

with a great culture of "the wall street journal. that's what enabled us to put out the paper. >> did your writers and reporters then report to south brunswick or were they filing from the city into a facility there where editors could work and transmit the copy to the printing establishments? >> some of them got to south brun brunswick, but most of them did not. the people were principally editors and production people and the reporters were reporting from all over the place, all over the country as well as all over the tri-state area. one of the things that i did on my way out of the building was

to call allen murray, then the bureau chief in washington, and tell him to be ready to do much of the editing of the paper, much of the reporting because he had a large team, 75 people, that included everybody. and some really talented rewrite editors and talented reporters he jumped to -- went out and managed to get on one of the last, if not the last ferries across the hudson river and then could get a train to princeton and south brunswick. he, along with some other people who were able to get there had

enough firepower to do it. >> well, paul, it's great, as always, to see you i want to thank you first and foremost for your work over the years and you're one of the great legends in american news and newspapering, but also i want to thank you for letting the viewers know most journalists don't start to work very early in the day. we don't generally though some do >> well, particularly if you work for morning papers or if you work now around the clock, but if we have two minutes, i want to tell you about one of the stars of "the wall street journal" who collaborated with your colleagues at cnbc. this is john busy -- >> right. >> our foreign editor in those days he's now a columnist at the

"wall street journal." but john was looking out the window from the ninth floor newsroom across the street seeing the second plane hit, the conflagration, the bodies falling, jumping out of the building >> my goodness >> then after escaping death when our building got crunched in, he managed to get down to south brunswick. he arrived to south brunswick and said, okay, i'm here to put out the foreign pages, and they said, well, there are no foreign pages. we have a two-section paper. you just have to deal with it. but if you could write a story about what you saw, that would be nice. he sat down and wrote a wonderful story that i think

helped make that paper what it was. >> paul, it's great to see you as we remember 9/11 we will remember you and the heroism of the journalists at the "wall street journal." wealth is breaking ground on your biggest project yet. worth is giving the people who build it a solid foundation. wealth is shutting down the office for mike's retirement party. worth is giving the employee who spent half his life with you, the party of a lifetime. wealth is watching your business grow. worth is watching your employees grow with it. principal. for all it's worth. growing up in a little red house, on the edge of a forest in norway, there were three things my family encouraged: kindness, honesty and hard work.

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welcome back, everybody. what's in a name apparently if the name involves anything related to esg there's a whole lot of money in it according to "the wall street journal" a number of companies have been turning some of their underperforming funds to green funds hoping to attract some of the billions of dollars flowing into sustainable investing products with us is the author behind this piece who is a reporter at the "wall street journal." it's good to have you. tyler and i have been talking about your story all day our main question is, is the funds composition changing or is the name itself the only thing really changing here >> thanks for having me. the answer to that sort of depends on the fund you're looking at a lot of the funds did change their composition but some remain invested in controversial oil and gas companies after

rebranding and calling themselves sustainable >> is that because they will take time to figure out how to have better composition that meets those goals or because those goals are not the point, the point is the name change attracts a lot of inflows? >> well, i think there's a couple of things going on. the fund managers were able to transition to a new sustainable model within months of rebranding or in a very short time frame i don't think time is necessarily the issue here sort of the larger question is what does sustainable mean there are a lot of different definitions to investors are you waiting for the environmental component. so it kind of comes down to what the fund managers want to prioritize in the esg criteria they're looking for when they're selecting stocks you're always looking at

performance when you're selecting the composition of a fund and you want to deliver returns. at the end of the day there's a level of input that returns on what the fund is going to look like >> to me there's always the issue of knowing what's in your fund it is one thing to buy a fund but another thing to know what the fund holds if you are buying a fund that's self-described as an esg fund, i think it has to be incumbent upon the buyer to know what kind of companies are in the fund and whether they meet your sense of what an environmental sustainable and governance responsible fund is. as you point out a manager can pretty much define those things any which he or she wants. >> investors should always be looking at what the holdings of their funds are and reading

about their fund manager criteria for selecting esg stock. when you look through some of the prospectuses it's not always clear -- the disclosures don't always make it clear what they're weigh ing and some of th statements are quite vague saying they pay attention to different esg scores provided by third party data provideers that do these rankings, but the fund manager can choose to disagree at any time. >> let me just bottom line you here or bottom line the conversation we can talk whether funds perform as well as, better than normal funds but one of the things that is not arguable and that is that funds that change their mission to become a sustainable fund they grow

assets better than the fund did before, true or false? >> i think you're seeing a lot of really good performance from many funds rebranding because they're weighted through tech stocks on the whole, and this is a generalization, have a stronger esg score. if you look at apple's and google, their carbon emissions will be lower than an energy company like exxon mobil or conoco phillips. when fund managers made the changes they picked up tech stocks that have performed well over the last couple of years, and they also happen to be in line with the esg investing criteria many are focusing on right now. >> shane, thanks for your reporting. for some of the charts here and for explaining it to us we appreciate it. up next, football is back and nbc's mike tirico is here to

talk about the upcoming season we'll discuss capacity and sports betting in tonight's matchup. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪

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one of my favorite nights of the year, the nfl season kicks off tonight on nbc with the super bowl champion tampa bay buccaneers hosting the dallas cowboys. fans will be back in the stands, stadiums at full capacity, all 32 teams here to talk about the season ahead is mike tirico, host of "football night in america" on nbc. mike, great, as always, to see you. it's an exciting night i know where i will be tonight starting at 7:00 on nbc and my son as well. what are some of the key storylines that fans should watch this year? >> well, tyler, on the feel it's tampa bay where we are, tom

brady trying to repeat as super bowl champs. that hasn't happened in over a decade and a half. the patriots were the last team to do that off the field with everything going on with covid-19, as it is around the country and the delta variant, what will happen there. talking about vaccination rates, which has been a big topic of conversation, the nfl put out the number yesterday, they have close to 93% of their players, 99% of staff and other employees vaccinated so it will be an interesting case study to see how breakthrough cases, transmission, all of those other things go. last year was really trying to manage it. this year is more about trying to play the schedule on a more consistent, steady, planned out basis than we saw last year. >> that schedule has gone up by one game to 17 games for the season what does that -- obviously it changes some of the mathematics of who gets in the playoffs and who doesn't, but what does that do as a key change in the dynamic of the game?

>> yeah, the old cliche was they're a .500 team. unless there's a tie along the way after a scoreless overtime but i think for the dynamics of the season a lot will be management of players. make sure that your team is healthy if you have a chance to get to the postseason. how much work are you doing in practice it is going to be a longer season, thus more physically taxing of note, tyler, dak prescott of the cowboys, we had nine starting quarterbacks who didn't play a snap in the preseason i think teams are trying to make sure they get to the starting line healthy to get to the finish line healthy. >> let's get to gambling which is one of the big changes that has been coming to -- hey, there was gambling in pro football all along, but now it lass been legitimized. the league is in partnership with one of the major players here there will be gambling ads

how do you think that affects the interest in the sport? >> it's taken a lot of steps from illegal gambling with bookies to offshore gambling to the office pools and tickets that people used to fill out all the way up now to fantasy football and now legalized gambling in so many states where people can sit on their phones in the states where it's legal and make wagers beyond going to vegas or other states where in-person sports gambling was or now is legal the league has taken steps along the way here, tyler. i think this is another step of the advertising and the partnerships out there will it change the game and how it's presented for the most part probably not but i think some of the tongue-in-cheek conversation that would happen in some of the shows during the week will just become honest conversation you're not going to hear it in the broadcasts that, hey, this touchdown is to cover the spread or not the league isn't at that point yet. i think it continues to be steps

forward and steps forward. they continue to say it is fan engagement you're seeing a ton of people play fantasy football. you see a lot of people involved in other pools as the season goes on with their friends or with legalized or illegal stuff, and now the league is trying to capitalize on that to help maintain interest and bring people to live sports. that is one of very few things that resonates on the business side of television >> mike, just a quick question as i understand they're going to 17 games this year we saw some dicey situations last year with covid where they, i think, bumped back one of the games almost all the way into the following week it would have wreaked havoc with schedules. do you think that kind of threat is totally off the table this year how are they managing to fit 17 games in and to account if any have to be moved around for that >> sam farmer, a terrific writer for the "l.a. times," did an exceptional piece that i think hit on tuesday regarding the nfl

and covid, all the behind scenes that didn't come out i had a chance to broadcast the wednesday afternoon game scheduled for the thursday before between baltimore and pittsburgh we played midafternoon on nbc on a wednesday. we had so many odd things. i don't think anyone could broadcast properly what was ahead. you're going to have to be nimble i think the league learned a lot. i will give credit to roger goodell and the folks in the league office. they were steadfast in getting the entire season in even though there's one more week and one more game i still think you have the same approach from the league office >> final quick question, one of the off-season things that has been very -- attracted a lot of attention what will happen with deshaun watson of the houston texans >> tyler, it's an interesting

case a lot of legal charges are out there. it has not gone to being fully adjudicated in the legal system. it doesn't look like he will play for houston that's one of the stories i'm sure that will play out as the legal process plays out in houston and beyond >> mike, have a great broadcast tonight. we'll be watching. >> we will look forward to it. >> fantastic always great to have you with us be sure to tune in for the nfl opener as the tampa bay bucs, the defending champs, host -- well, the team that they call america's team but i don't coverage begins at 7:00 p.m. eastern on nbc and on peacock now the airlines hitting major turbulence, union tension, struggles around the vaccine and mask mandates. should you avoid that investing space? "trading nation" will discuss next

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welcome back to "power lunch. i'm seema mody a warning from the airlines thursday southwest, jetblue, unite, american airlines, all cutting their outlook.

this is just the latest obstacle in the recovery of an industry that's been hit hard by the pandemic let ade trace it with matt million, and john, clearly a conservative outlook, but why do you think all these stocks are rallying up 3% to 4 re%? >> investing is like a box of chocolates in the short term you never really know what you're going to get. the volatility is always high. you know, the long-term story on the airlines is we'll recover from the trouble from the pre-pandemic, and prior to the pandemic it was rational in the pricing. today it's what's your view on covid. in a poe tenchally rising rate world, how are the capital-intensive business, how are these industries going to perform? >> you have to make a bet on both of those working out one

way or the other if you're going to play in this space. i'm more inclined to stay on the sidelines. >> matt, you say jetblue is a good proxy tell us why. >> you mentioned the airlines are bouncing back a bit today, but the transportation index is down the truckers and the railroads are not doing that well. the point is, as you mentioned on jetblue and the airlines in general, they're bouncing a bit today, i think it's a bit of a squeeze there, buy on the news, but the line of least resistance i think is slower. the stock is down 30%, but it's still more than 100% higher than the lows back in 2020. if they break their summer los jetblue had a double bottom low, united, american have all had

double bottom brows. so i guess my point is that these stocks i think have, as john says they have more rough seas to go through i think they will present an unbelievably great buying opportunity at some point, but i think it will come at lower levels matt and john, thank you both. for more trading nation, head to our website on follow us on twitter. the competition to attract workers heats up we'll look under the microscope, next

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cover the costs of higher education, not just for management ranks, but frontline employees as well. they're coverings for all of its worker in the u.s. the program starts in january next year, including not just tuition and fees, but textbook costs as well. you qualify after 90 days of employment you can take full advantage of what amazon says is the hundreds of educational institutions that will participate in this program in theu. prior to this, you heard similar announcements from walmart, target, home depot, u.p.s., fed e., starbucks and other, waste management is even offering same benefits to spouse it is and their children it's another example of how competitive the job market is becoming and what employers need to do, tyler, kelly, to get those workers to sign on the dotted line. >> you know, the kids thing? my parents chose their time so my mom could have tuition

benefits >> just think about it this way. there's so many more millions people that have job openings that are unemployed, about 2.5 million more people could be finding jobs out there that deficit is at a record high so just keep an eye on that. dom, thank you very much. thanks for watching "power lunch," everybody, "closing bell" starts right now >> it certainly does welcome, everyone, to "closing bell." i'm wilfred frost, an up-and-down, dow having its fourth down day in a row. >> i'm courtney reagan in for sara eisen today stocks took a dip mid session, also weighs on sentiment, a number of fed speakers