year. today was no different. [closing bell ringing] names like alexion and amgen. david: bells are ringing on wall street. you think what happened at the beginning of the day. liz, going, ain't they cute, all the girl scots. we've been attacked by those people all over the place. you can't go to a parking lot without girl scouts trying to get you to buy their cookies. a lot of people ended up buying stocks. speaking of buying. started out with the bad news coming from china. looked like the markets, in fact for a while the dow was in triple-digit loss territory. it regained a lot of that going into the closing bell. they're down but not out by any means, liz. liz: time for your front page headlines. mcdonald's, the world's largest restaurant chain and in many of your portfolios reported a bigger than expected drop in local comparable sales last month. it was .3 of a%. low business in the u.s. due to weather we say. david: we talked about this unexpectedly weak economic data

catching investors by surprise. chinese exports tumbling 18.1% in february. this raising concerns of course about the strength of the country's entire economy. liz: boeing stock lower after the disappearance of the boeing 777 passenger jet from malaysia to china. no word of where the jet is at this hour or the 290 passengers and crew. david: ebay rejecting activist investor carl icahn two nominees to the board saying both are, quote, unqualified. icahn owns 2% of e-commerce company. they want ebay to spin off the paypal unit. liz: use fruit firm chiquita brand and rival 5:00, reached a deal to get create the biggest banana supplier. -- fife. they will control 14% of the global banana market. david: the pizza chain, sbarro

filed for bankruptcy protection for the second time in three years. it has been struggling with too much debt and changing consumer tastes. keep it right here. "after the bell" starting right now. liz: let's take a look at all of today's biggest market action. we have michael binger, gradient investment senior portfolio manager. he will tell investors why they should keep an eye on inflation in the u.s. drew kanaly, thinks this bull market cycle would continue for, wait for it, decades. all right, drew. lincoln ellis, green scare managing director down in the pits of cme. lincoln, a lot of blame for red on the screen went to chinese data not great as expected. was a little bit fearsome when it comes to the 18% decline number what they saw as exports but tell us what was really

moving sentiment in the pits of the cme. >> that certainly set the tone early and we're quite grateful for the chiquita banana merger for the potassium that is this u.s. equity market continuing to move higher. there is little bit of teflon -- there is silver lining to the chinese number to be serious for a moment. you heard traders talk about it today. if in fact the chinese government is interested more capitol flowing into the country they need to get more clear and transparent about the numbers they put out. if this actually shows they're willing to show quarter over quarter or year-over-year some flexibility, some misses in their economy, that could bode better for a longer periods of time for capitol to come into an economy that is a little bit more transparent. i think actually combined with the fact that canada doesn't look to be annexing the united states anytime soon, we just continue to look like the best of all shirts in your closet.

david: drew, we just entered the fifth year or actually the 6th year, celebrated the fifth anniversary of this bull market. a lot of people are wondering whether it will go six years. you say forget six, forget seven, forget 10. you think it could go 20? explain. >> well you know people like to moan a lot about markets and the volatility and when are we going to have a big correct certainly think at ken nailly, we'll see possibly 15% correction this year because valuations look headahead of themselves. fundamentally is such a different marketplace for the last 10 or 15 years. we simply don't have the leverage in the system to produce a downdraft like we saw in 08. it simply doesn't exist. secondly the overall ownership of equity stocks, we've been through five years of a rotation out of stocks into bonds. stocks are as a group are underowned. and so for the next five years, six years, and beyond, people

are going to be adding to stocks systematically over time. and so that's, those are the major trends we see at kenneally. cannally. liz: where do you find real value in this market if stocks are expensive one characteristic would you pick and in each name. >> you have to pay particular attention to earnings growth because i believe, i'm with drew, i think this market will be positive this year. we will go six years in a row but i think we'll not get that huge multiple expansion we had last year. that this market is going to be driven by earnings growth and by dividend yield and i think you really need to look for those kind of companies that produce 10% or greater type earnings growth and also can return money to shareholders in the form of buybacks or more importantly dividend. david: lincoln, we talked about copper at the top of the show taking a hit today. what is copper telling you about

china right now? >> well, it is telling you that they have stockpiled a significant amount of it over last course of 18 to4 months. slower pace of global growth will permeate the global investment environment. the overall demand for copper will continue to be, you know, underwhelming for the next couple of, next calm of quarters. just a couple remarks there. there is some leverage in the system, but not the systemic leverage we saw in the housing market. new york stock exchange margin levels are close to high levels we haven't seen. david: lincoln, you're prove fizzing the next segment. we'll be talking about that, having debate on margin debt in the next segment. go ahead. >> good. i will see what else is in my crystal ball tell you what is the rest of the hour here. but, that is, that, so that is not a systemic issue but i think the, this other thematic around

owning cash flowing kinds of companies, most of them are located in the united states and most of them continue to growing their dividends and those that have, have been in the top 20% have outperformed the broader s&p by some 75% over the course of this last five-year bull market. liz: yeah, michael will get to us in a minute because he likes those dividend plays but let me go back to drew. drew, if you believe the bull market stretches out a lot longer, let's get your picks right now. shows us the money. these are interesting picks that are not traditional ones people see in their portfolios. why do you like them? >> you have to be thinking about, so you're going to be not as heavily in bonds as you have been in the past. so your equity portion of your portfolio will be larger. so within that portion of your portfolio you want to be ultradiversified. the first one is federated strategic dividend fund t pays dividends and what they're looking for a 3 to 5% yield but the capacity to expand that yield at 5% a year.

for those of you that don't believe in active management, which we do, we look at dby. the i shares dividend play. both of these over the past three years performed as well or better than the s&p 500 but interestingly in january they had half the downside. so they give us some downside protection as well as upside. in kind of the long short area, rubico partners long short fund. you're basically taking a 60% long position to the market yet you're exposed to about 70 to 80% of its upside. this helps compress your volatility. and finally, oster weiss, a kind of chicken's play on equity. high-yield bond funds. yielded about 5% which was far better than the 10-year treasury last year. >> i want to give the ticker for that. previous one, long short fund which i find very interesting, bpirx. >> there it is.

correct. david: michael a lot of people are worried, we talked about margin debt. we'll talk more about that we talk about high levels, valuations of certain stocks, they're going into solid big name stocks and getting rid of idea of smaller cap stocks but there is one small cap stock you like photronics. why do you like it so much now? >> well note electronics place in the semiconductor industry. -- photronics. they make photomasks involved in the manufacturing process of semiconductors. a great leading indicator to watch for semiconductor manufacturing stocks is semiconductor book to by if it is above 1.0, that means the industry is expanding. the last 11 out of 13 months it has been higher than 1.0. i think that place well here. david: why go to a small cap stocks and not something like intel? >> well, i don't think you focus on small versus large. i think you focus on where's the leverage and where's the earnings growth going forward. i think there is a lot of

leverage in this model. they have done some things company-specific i think will help the earnings leverage goal. right now analysts are estimating 70 cents approximately in the next year. i think it could be higher than that if things go well for them. >> makes sense. liz: lincoln, we've got a lot on the exogenous event list, such as going on with the malaysian plane crash, ukraine, crimea, russia, china. concerns about venezuela. that has been on the backburner. let's not forget these things. which one frightens you? which one is getting all the chatter in the pits? >> well look, the chinese export numbers are really the headline but really creeping sense of whether or not the kind of global growth pace we can have will continue. if you look around the world for global growth engines, all three of the major economic models are broken. the u.s. consumer, the european vendor model, and the emerging market export model, they're all broken and they're all broken at the same time. at a time where policies will be

pulling back and flexibility is really quite boxed in. so it is the aggregate effect, liz of all of these things together that has muted the equity markets move up so far this year. i think it will continue to do so unsurprisingly off the back of 30% last year. liz: our thanks to lincoln ellis, michael binger and drew kanaly. see if you can predict that too like you predicted next segment. >> crystal ball is here. liz: speaking of predictions, there are at love them and forecasts. when it cuts to the economy who should you really listen to? we're talking to market watch's top forecaster for february. it is the 9th time he won. you have to listen to what he has to say when he is coming up. david: he is the top of the top. liz: yeah. david: traders borrowing nearly a half trillion dollars to buy stocks. so what happens if there is one big margin call? even fed president richard

fisher is concerned about it. he was warning about it last week. how concerned should you be? how can you protect your civil if it happens? tell us what you think. with a lot of stocks being bought on margin, could that cause a market crash if there is a big margin call? tweet us @fbnatb. your answers coming up. ♪ [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded?

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(natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go like pro. liz: right on schedule the s&p futures closing at this moment. let's head back to lincoln ellis in the pits of the cme. lincoln. >> liz, good to be with you. five years after that 666 low, this bull rally here, a very different, much broader, even than the last rally we saw from 1959 to 2000 which was very technology driven. that technology sector rising 750%. this bull rally, rising some 354%, focused on consumer discretionary. we'll spend balance of this week focusing on consumer discretionary, particularly retail sales on thursday and consumer confidence on friday. they brought it all the way back today. liz: good stuff, lincoln. thank you very much. david: tesla, falling today after a bank reaffirming its

equal weight rating on the stock. liz: what is so bad about that? let's head back to nicole petallides on the floor of the new york stock exchange? nic? >> equal weight not as good as overweight. go ahead and buy it. of course we all know that. there are good points and bad points to this, liz and dave. here is what is happening. barclays, brian johnson and his team met with the vp of investor relations over at tesla, jeff evan son. this is what they found. international rollout of tesla, that will be driving revenue growth. battery costs coming down, also good news for tesla. on the other hand they think, this is barclays talking now, they think that the path to margin expansion will be slower than what tesla anticipates. so right, you're not going to see revenue growth that tesla is anticipating. and, they also believe that tesla already has the benefit of the doubt on many valuation fronts some while they still like test last, they just don't think they will see the operating margins that tesla is expecting. tesla is expecting mid to teen

operating margins. barclays a little more conservative, expecting low to mid single-digit margins. they still like it, but they think that tesla is being a little aggressive with their outlook. back to you. david: nicole petallides, thank you very much. with interest rates so low and market valuations so high, more traders than ever are borrowing cheaply to buy stocks. now that bet has been paying off as the market keeps moving up but the level of margin debt now hit a record of $451 billion according to the new york stock exchange. that has a number of folks worried including our next guest. joining us now is brad mcmilan, commonwealth financial chief investment officer, and lance roberts, sta wealth management ceo. brad, really the first a lot of us heard about this as a major concern was last week when richard fisher, the dallas fed president talked about it. he said margin debt is at quote, eye-popping levels. do you agree? >> i do agree and it is not only the absolute levels that are a

concern it is the levels as percentage of both the economy and of total market cap. even more so, how much it is increased and how quickly. and only time we've seen anything like this before is in 2000 and 2007. david: well, let's talk about that, lance. i mean the fact is in 2007 the housing bubble didn't seem to be a bubble because the prices kept going up. it wasn't until the prices went down that people realized there was so many margin debts on it. is that a problem? is there a concern, lance, if there is a big margin call in all this debt things will go kapooy? >>ing. that is what will happen ultimately? brad is right, not nominal level of margin debt that is important. it is rate of expansion of margin debt and that is now at levels historically, i did a research report on this talking about the fact at these levels, normally is consistent with

short it intermediate term market corrections. what drives it from correction to a crash how fast prices fall. it is triggering of price levels that creates a margin call that leads to more selling. it is a self-fulfilling prophecy at that point, once you have to start meeting march bin calls, it requires more margin calls to meet those margin calls. that is why you have big crashes like 2008. david: it was a domino effect. brad, talk about the difference now. there is big difference between now and then, at least 2007 and 8, which is all the corporations, not all, but most of the corporations representing the stock market are lean and as mean as they have ever been. they have cut their costs. they have cut their person until. they have cut their debt. that wasn't the case back in 2008. dope that make today totally different from back then? >> it -- >> i would agree with that absolutely. david: brad, go ahead. >> i agree with that.

would add on positive side what we have is much more solid general economy. we don't have consumers borrowing money they don't have to spend on things they don't need. what we actually see is real sustainable demand. on the other hand, that is a little bit different argument than saying the current prices are justified just based on the fundamentals. and it doesn't take away from the potential issue that debt is the foundation of debt is not very solid. david: yeah, but, lance, you wanted to get in on this the difference between now and then. companies are in much better shape economically than they were five years ago? >> and in some cases yes but also remember that companies are now borrowing money because it is cheap to do things like make dividend payments and to do stock buybacks. if you actually look at corporate assets versus liabilities they are on the rise now in terms of debt is now increasing as a proportionate component of their asset liability base. so if we look at the similarities between here and

previous market crashes, again we're talking about not just 2007 but 2000, 1987, 1974, you do have a lot of similarities. the consumer ramping up credit. student loans are being used, this was in the "wall street journal," something i've been saying two years now. people are borrowing money on student loans to do consumption, not go to college. this debt increase on consumer side is still there because wages have not grown over the last five years. david: all right. brad, as concerned as you are about this, you're not totally in cash. you're still in the stock market. how do you hedge against this happening? >> well, i think the fact that we have the prospect for decline is the no the same as to say we'll have a decline soon. here at commonwealth we've been recommending caution for a long time but we also kept a position in the market. there are a couple of indicators that you can follow. 200-day moving average is a good one. it will separate when you have a real potential serious decline from something that isn't.

they're in the infallible but they're a really good way to say, hey, now is when we need to take serious steps. david: i see lance, i see lance nodding in agreement. go ahead, lance. >> i absolutely agree with him. david, back in january when you and i were talking said there probably won't be a correction later this summer as we get close to midterm elections. maybe a 10 to 15% selloff in the markets but in order for margin debt to be a problem you need a very rapid selloff, you need a catalyst, something like issue of financial maturities not making payments, some type of ukrainian crisis that goes into a war. you need something major to create panic in the markets. you just don't have that right now. david: the bad news is the margin debt. good news there are ways to prepare for it. thank you very much, gentlemen. brad and lance, good to see you both. >> thank you. david: liz? liz: new drama over the collapsed bitcoin exchange mt. gox as it tries to halt u.s. legal action against the

company. we have the very latest on that. we'll tell what you two big investors are saying about the digital currency. when airlines mess up your flight reservation you're entitled to compensation and we're not just talking a couple of drink vouchers. we're talking hundred of dollars? yes, you could be entitled to? we'll tell you about a new app helping travelers get what the airlines owe them. don't go away. ♪ so ally bank really has no hidden fees on savings accounts? that's right, no hidd fees. it's just that i'm worried about, you know, "hidden things." ok, why's that? well uhhh... surprise!!! um... well, it's true.

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david: time for a quick speed read some of the day's other headlines, five stories in a minute. first up, american airlines and

jetblue terminating that frequent flyer agreement which allows customers to earn points on certain flights booked with the other carrier. that is not good news. bank of america offering a new techless account which protects consumers from overdraft fees for a price of nearly $5 a month. however there is skepticism about the service since anyone with a bank account can turn off overdraft without having to pay a fee. price of gas is on the rise, according to "the lundberg survey" of fuel prices. the cost of gasoline has risen 10 cents over the past two weeks. fans of the hbo go series, "true detective" not happy when the online streaming service crashed right in the middle. series finale. the incident had fans renaming the online service, hb no-go and that is no good. comcast plan to invest hundred of millions of dollars in theme parks in order to boost revenues. the telecommunications company gaining control of theme park chain universal studios in 2011. that is today's "speed read."

[buzzer] liz: one of the world's largest bitcoin exchanges. not today. after imploding in its home country of japan mt. gox turned around filed for u.s. bankruptcy so it can protect itself from people suing. david: what does that filing mean for the bitcoin exchange and digital currency if you have is any? you're probably concerned about that. jo ling kent is here with the very latest. jo? >> dave and liz, mt. gox filing for bankruptcy in late dallas to avoid a class-action lawsuit in illinois and licensing dispute in washington state after filing for bankruptcy protection in japan last month. according to dow jones, dallas lawyers said the theft or disappearance is subject of an intense investigation which required mt. gox to devote most of its resources so mt. gox saying two weeks ago it lost nearly 750,000 bitcoins, worth about half a billion dollars plus about 100,000 bitcoins of its own. meanwhile two major investors declaring over the weekend they will not be getting behind

bitcoin anytime soon. billionaire mark cuban telling "usa today" and south by southwest quote it has no shot as long-term digital currency. if you translate it into dollars it is not a currency end quote. economist nouriel roubini tweeted, bitcoin is not a currency. it is between ponzi game and conduit for illegal activities and isn't safe of hack of it, unquote. it has been stabling sins drop on february 7th when mt. gox halted its withdrawals. not everyone is waiting on bitcoin. wikipedia is thinking about accepting donations for wikipedia. he will present that question to his board at their next meeting. david: patrick byrne is still accepting it i think at overstock.com. other people are advancing. liz: big finance over the weekend at common fund. some smart people are saying we at least looked at it.

david: do you have it? liz: no. david: i don't either. liz: i'm old. david: thanks, jo ling. liz: if you really want to know what is going to happen to the economy then pay attention. why? because in just a moment we're talking to the man who has just been named the number one forecaster on wall street by market watch for the 9th time. david: he is the best there is. it is that simple. that missing boeing 777 looks like it just vanished into thin air between malaysia and vietnam. what happened to it? next we'll bring you the very latest on that search for the aircraft and how this apparent disaster is affecting some very widely-held stocks.

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david: the search is intensifying for the missing malaysian flight 370. they cared 327 passengers, 12 crewmembers was headed for beijing. it was last heard 140 miles solve the corn coast of vietnam. since the aircraft lost contact, nearly three dozen aircraft and 40 ships from 10 different countries are searching for any survivors or debris but so far they haven't found anything, any sign of the jet. the search also shifted to the endomen sea, near thailand's border. deepening the mystery, at least go peel on board the missing

flight were using stolen passports -- people. this races concerns about a possible terrorist attack. officials say it is too early to speculate on that. shares of boeing, the plane manufacturer, that made the missing plane fell. freescale semiconductor also down confirming that 20 of the passengers on board were employees of the company. our sympathies go out to those members. liz: very much so. let's focus on the markets right now. there are so many predictions about where the market, where gross domestic, where employment, where is it all going? how do you know to whom you should listen? who do ignore? we'll definitely want to tune into your next guest then. he was named the top economic forecaster by market watch for the month of february. they do this every month. not only that he has now won the title ix times. we bring in stephen stanley, peer point securities, chief economist. good to see you. we go way back, don't we, about 14 years? >> absolutely. we've been doing this a long

time. >> i knew you were a smart one, steven. this is quite unprecedented, nine times. you have got some kind of wonderful when it comes modeling everything from the economy it the markets. let's start with your prediction. i want to whip through these. >> okay. liz: you did great about the month of february. you nailed it. what about the month of march? what do you think happens with this market will at issues going on around the globe? >> i think big thing for the economy we've obviously this period where the weather do nating the data and i think we'll get a bounceback. it may not be quite as explosive as some people think for some. variables. i don't think employment will necessarily have a huge month once the weather normalizes. we'll get some stronger data here. that will obviously play in along with some other factors you mentioned along with some geopolitical issues. we're probably couple months away from getting a really clean read on the economy. you go through periods with the weather distorting everything. you have to wait a month after that. you will get the rebound and

that is where we've been lately. almost a vacuum of fundamental information. liz: that makes your job even more difficult. we don't know whether number will be scrubbed clean of weather issue. let's get to the gross domestic product. top economists if he ral reserve expecting 2 into 7% to 3.3% growth. what are you looking for? >> i don't think we'll get that. i think we'll get more of the same, between 2 and 2 1/2%. i would say at end of the day, the key variable for me has really the aggressiveness of businesses, business animal spirits you if you will. when you look at the fed models and other folks that do the work that i do, their models are showing showing that business about to crank it up. they're looking at huge cash balances businesses hold. the fact that borrowing costs are low. and some conventional factors. i think what those models are missing, government policy has really been a drag on the

business sector in the last few years. i think uncertainty around tax policy. we talked about tax reform. looks like we'll never get it. liz: while the tax policy issue is not clear. nobody believes it will be, we do have some clarity certainly, some transparency, on, what had been a real problem and that was the budget. doesn't that free up and chop off some chains that were holding back the markets? >> that does help at the margin. that is one of a handful of variable that is is a little better. i think, you know on the other side, some of the things that really aren't going to change, the stance of regulatory policy which i would say has been very much against promoting growth. i mean, you know, there are lots of potentially valuable goals that regulatory policy is pursuing but i think it has been kind of hostile to growth. i think particularly this year, implementation of health care reform is a big question mark. i think a lot of businesses are sitting on their hand, trying to get their hand around that.

liz: keep changing. >> exactly. to me that is a reason why businesses are going to continue to be conservative. which means we'll not get aggressive hiring and we'll not get aggressive investment. that is really the main reason i think we'll come a little bit short of the consensus view on growth. liz: where is your positive? give us the biggest plus you see. >> i think the housing market is coming back. i think we'll continue to see strong growth in housing. that has been a plus for couple years and continue to be. unfortunately we're coming off such a low base, housing isn't big enough to carry the load for entire economy unless consumers and businesses are able to crank it up as well. liz: let's talk about interest rates because we know janet yellen is running her first fed meeting next week as the new chair. what do you think happens? and can you, really asking you to forecast way down the line, when will we start to see rates tighten? we know tapering will continue but the tightening point? >> absolutely. tapering is a pretty much done

deal. we'll finish around october. rates will stay where they are quite a while. my guess, i'm not different from the consensus i think we're 18 months away from the first rate hike. the new chair janet yellen is very dovish. i think she will wait until the evidence is pretty compelling before moving. i certainly think the risk is fed waits too long, rather than go too early and cutting off any hope after recovery. i think it will be more the fed overstaying their welcome if there is a mistake made. liz: marketwatch's top forecast, stephen stanley of pierpont. you should patent your formulas the way you model things. congratulationses. >> thanks, liz. liz: nine months, david. david: surprised everybody doesn't steal his work. people would do wise to. liz: or paydavid: exactly. as the old saying goes, don't get ma, get even. travelers affected by flight delays and cancellation can turn

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david: if you have ever given up your seat on an overbooked flight in exchange for voucher or flight miles, you probably didn't realize you were entitled to a lot more, up to $1300. liz: we did not know that, right? last year alone there was about $2.1 billion available for compensation. how can you get your hand on the money you deserve instead of, oh, take a drink voucher and we'll see you in two hours? the air help app helps passengers get their rightful compensation. the company doesn't get paid unless you do. joining us now, the air help ceo. we know that any app that helps us get money and helps us live better in certain ways is certainly valuable. how does it work, henrik? >> well, it is quite easy actually. we've made an app that is available on iphone and ipad and androids and we also have our website, get air help.com where you just insert your

flight information and date that you were flying and then we actually find out if you're entitled to compensation and how much you're entitled to because as you say, it is actually up to $1300 for an overpocking. so it is a lot more than just your 20-dollar food voucher. david: but can you get it back after the fact? if you accept one of these vouchers, and, find out a day later or even an hour later that what you've accepted could have actually been a lot more, can you go back and contact you and get the money? >> so that is the thing. if you have actually entered into an agreement with the airline, and accepted that $20 food voucher, then you're not entitled to compensation. so you have to at the situation where you are asked to surrender your reservation, say, no i would like to keep my reservation and then, stand put on the 1300 or that, amount that you actually are owed according to the air passenger rights. so that is how it works for overbooked flights.

but if, for example, take delayed or canceled flights, this is primarily going to and from europe, then if you're just delayed by three hours, then you could be entitled up to $800. for that you can go back because that actually in some states and some countries go back three years. so it doesn't matter that you've actually taken a later flight. you were rebooked. you can actually go to our website, type in your information, we'll tell you if you're still eligible for compensation. liz: fascinating this all got created because you and your business team were delayed and you were wondering why you weren't informed of your compensation rights. you put this together. how many claims have you gone through and success fellly figured out? >> the whole thing started with me and my team. we got delayed all the tile and was wondering why the airline didn't inform us about our rights? surely there must be some compensation sitting in an airport for several hours. they didn't tell us and travel agencies didn't tell us either.

we find out they actually don't know. so passengers left for themselves to find out. it is not always easy to know what you're entitled to do and how much you're entitled to. so we saw an idea in helping all the air passengers first informing them and helping them claim that compensation as well. so do all that paperwork for them. and right now we have had about 15,000 air passengers and helped them get compensation. we're very successful in getting a lot of compensation to them. if we are successful, we then charge 25% but if we don't get any compensation then it is completely free of charge. david: so you're not putting, sort of like the lawyer who only takes his cut if you get a cut and if they don't, you don't. my question is, whether there is any sign that what you have been doing is paying off in terms of airlines not overbooking because they're afraid of you? >> i think in europe where we

have started first now, we opened up in the u.s., but in europe we see clear tendency the airlines are starting to respect the air passenger rights. however they're still not doing anything to actively inform passengers. i think that is the biggest challenge here. you really have to get out there an inform as many air passengers as possible. end of the day it is them that has to claim that compensation. so that is something that we're trying to now because, less than 1% of all eligible passengers actually get the compensation that they're entitled to. really about creating awareness. david: okay. liz: david, every flight is overbooked these days. david: just about but there are probably going to be a lot fewer overbooked flights thanks to what henrik is doing. if you have any questions, airhelp.com. they will help you if you think you deserve compensation. liz: senator marco rubio of florida, at google's headquarters in washington today, speak about a new economic plan he has come up with to create more well-paying,

middle class jobs he says. our own rich edson spoke to the senator live in a first on fox business interview. we'll speak with rich about that and his ideas next. ranches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. they're the days to take care of business.. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and responsive,

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liz: senator marco rubio spoke

today at google's washington headquarters laying out what he says is a new agenda to expand the u.s. economy. david: our own rich edson speaking with the florida senator first on fox business interview. rich with the details? >> senator marco rubio with speculation he is running for president in 2016, offered proposals on immigration, foreign policy. this afternoon on the economy. rubio joined us for a "first on fox" interview. we asked about critics of republican party who say they have no ideas and do little more than oppose president obama. >> i would say to democrats they are not necessarily awash with new ideas. same old lame stuff about higher minimum wage or government spending. things that have not been effective restoring american dream. do i think republicans need to do a better job? sure of course in the 21st century when the economic challenges are largely due to the rapidly changing nature of the global economy, not just a simple economic downturn. >> rubio is working on his

overoverhaul in the tax code. he would doubt he vote for chairman dave camp's version. congress should let businesses deduct expenses and only tax american businesses on u.s. profits. rubio said the government should auction off remaining wireless spectrum and cost board to current regulations if their economic costs are too great. he proposes lifting crude oil export band and giving president fast track authority to negotiate deals. g8 should boot russia and return to the g seven. david: rich edson. y google? i don't suppose google was endorsing this at any measure, were they. >> they just provided the space, david. one of the aspects of this auctioning off all remaining wireless speck tum is particular interest in. david: got you. rich, thank you very much. a lot of stocks being bought on margin. we asked you if on facebook and twitter could that cause a big market crash if there is big

margin call? dave said i they have it could cause dips but would present strong buying opportunities. liz: wayne said the crash wouldtic trigger the call, not the other way around. david: that is interesting. go "off the desk." watch out apple. musician neil young unveiling a brand new music player called pono player. it will rival the ipod according to neil and his compatriots. according to young, it will come out on top. it costs $399. it is a try ainge you lar music player designed to produce the best sounding possible compared with pono music.com service which will sell files at higher resolution than competitors like apple itunes. young plans to offer preorders of the device on kick-starter that starts on saturday. interesting. >> also off the desk, chaotic moon studios is a software design startup that makes well, just about everything including a brand new drone that will stop

anyone, boom, in his or her tracks literally. the drone is loaded with a stun gun. keep watching. it is intended to help authorities catch and incapacitate criminals when an alarm sounds. the drone deploys, sending footage the potential criminal to the user's smartphone to inject and detain the subject. the drone use as stun gun that incapacitates the criminal until authorities arrive. can i talk anymore slowly. david: waiting to see somebody shoot somebody else and then somebody fall to the ground. there he goes! holy cow. it was a little late for the payoff but who knows. liz: thanks so much for joining us. david: life imitating art. let's hope it stays art, not a the past life. too much of this stuff going on. here is market down day although didn't turn out as bad as we originally thought it was going to be. remember the dow was down triple digits earlier in the day but it regain ad lot of what it initially had lost.

liz: be sure to tune in tomorrow. we'll have every move of the markets for you and money and portfolio. meantime gerri willis up next with the "willis report." david: we'll see you tomorrow.

gerri: i'm gerri willis. this is the "willis report." millions of college kids are on financial aid, not because they don't qualify, because they don't apply. ounce of prevention is worth a pound of cure when it comes to your home. essential spring work around. house you must do now. our special report, a user's guide to taxes. we've got the full run-down on what you need to know. we're watching out for you tonight on the "willis report. gerri: tonight the cell phone