numbers. the group turned around after then. existing home sales were off chose colors colors, i think everybody is -- [closing bell ringing] everybody is ready to have a couple of beers. all the excitement seemed to be last weekend at least for now. not a lot going on this weekend. all indices are down. nasdaq is the biggest loser of the day. down over a full percentage point. dow jones less so. there was a big turn around with regard to all of these markets. s&p well off its mark as well, down about six points. russell 2000, small and mid-sized caps, hit pretty hard. half a percentage point. again i think investors are glad, cheryl, to see this week is over. cheryl: it has been a very volatile week, david, for all of us. we have big headlines crossing. first facebook founder and ceo mark zuckerberg is among a group of tech titans about to start a

meeting with president obama at the white house. that meeting may start within the next five minutes. we have our cameras all over the white house. we're watching that for you. if we get video we'll bring that to you certainly. this amid rising concerns in silicon valley about the government's secret surveillance program. david: minneapolis federal reserve president coach coach said the federal reserve is sending wrong message on inflation and jobs. -- kocherlakota. cheryl: media general is being bought by 1.$6 million. this will be the largest pure play television company in the u.s. david: tiffany shares rose but falling back a little later on. they forecast more sales growth this year amid signs its u.s. business is finally picking up. cheryl: shares of the internet security firm symantec got

crushed after the company suddenly fired its ceo. he is the second chief executive to be let go in less than two years, david. david: we knew this was happening. russian president vladmir putin today signing laws completing moskow's annexation of the ukrainian region of crimea. despite a new round of u.s. and european sanctions but they're still according to many, not enough. "after the bell" starts right now. cheryl: despite a down day the markets posting gains for the week. let's break it all down. we have with us today, pete lang, lang capital president. he will tell us why the lithium battery industry is a huge growth story and how to play it. we have jeff duncan, duncan financial management ceo. he says to get into gold. he sees a big upside. and dan stesich from the pits of the cme. dan, let's start with you. david was saying at the

commercial break i bet you're glad the volatility of this week is all over? >> there was fear from last week into this week. we had the russian situation which was a very big deal, still is a big deal but that seems to be faded. we have some economic numbers that were a little better. finally we had the fed say we would tighten rates six months after whatever. the market fell off but initially came back. i think that is good. today, quadruple witching with a little bit of a hit at the end day. david: jeff duncan, let's talk about what happened at the fed this week. you think the fed will have to stop its tapering. get back buying even more at faster rate these bond than they have been up until now. gold of course would explode as a result of that but why do you think that the fed is going to have to top tapering? >> i think the markets have gotten used to not having a 10 or 20% pullback, which we've been used to for many years. so i think once we get around a

10 or 15% pullback, for whatever reason, whenever it does happen i think the market will bait the federal reserve to get back into the bond-buying program and let's say they're at 25 or 30 -- david: federal reserve would jump back, say, hey, we're not guided by the stock market. you don't believe that if. >> no, i do not. if that were true they should have gotten out of this program two years ago. every time they try to pull out or did pull out of a program you saw the market fall apart. then they came back in. so i think the same thing will happen again. we're getting a 10 or 15% pullback. we don't know when. we don't know why. but at that.the market will bait the federal reserve to continue to up the ante in the bond-buying program to support the stock market. i think that is what everybody's gotten used to. a lot of people are very complacent right now about the market. we haven't had the pull backs like we were used to many years ago and it will scare a lot of

people. a lot of people are borrowing a lot of money to buy stocks. just the other day i saw an article on the internet where the author was suggesting people pull money out of their home an buy stocks. and that to me, that is getting to a point where, hey, we really need to be careful and i don't think people really understand the amount of leverage being used in the market right now. cheryl: okay. so pete, what does that do to your outlook? he is bringing up some very valid points that we haven't gotten true, meaningful pullbacks you would expect by this point in the year. does that change your outlook? are you getting more defensive because of that? >> i've got to agree with jeff. i think it is concerning but overall the fed's policy is very positive in nature. they're letting the big dog eat so to speak. so the markets are going to continue to roll here. we could see additional volatility based on that tapering program going in. i'm optimistic but nevertheless i'm going to be defensive, and

again, the sell discipline is if i see a great pull down as jeff talks about, we're going to be pushing our long-term holds into cash. david: dan, we need some optimism. talk about interest rates for a second here because they did pop initially when janet yellen came out with her six month remark. they haven't gone up since then. they sort of stayed at that level, about 10 basis points immediately after she said six months we may be raising rates after the tapering's over. they haven't gone up since. that is encouraging is it not? >> well, i don't know if it is encouraging or discouraging but the fact is, they're not raising rates now. we're not raising rates until mid 2015. so it shouldn't really affect level of rates right now. what they will do, if things happen quicker than they expect, they will make an adjustment to rates or tapering, whatever it is. i have to disagree with the first guest about the stock market driving the fed. i really think the fundamental economics of this market are, of

our economy what drives it. that is what moves the fed. if we had a pullback there was fear our growth was going to stop, not because the fed was going to pull the plug. cheryl: jeff, speaking of the fed, you like gold right now. gold is actually one of the best performers of the year at this point, believe it or not on a percentage basis. what is going on with gold in your opinion? how does the fed decision this week impact that? >> i think we saw this until the last couple weeks when gold had a pullback this past week. gold as up eight, nine, 10%. gold miners were up 25 to 30%. junior gold miners were up 50%. if we notice before we had this meeting, gold was moving up, gold miners were moving up, bond yields were going down and the market was going up. it almost leads me to believe that, i agree with the previous guest, i think the economy is doing okay. it is not doing great. -- cheryl: we're, we're getting some breaking news right now. we want to take you to live

pictures of the white house. we're now getting our first glimpses into these tech ceos heading into the white house to have a private meeting with president barack obama. as you can see there, on the right-hand side. facebook ceo, mark zuckerberg. mark zuckerberg to the right and we're expecting to see more faces coming into the white house. first glimpses of those tech executives heading into the white house for this private meeting. of course the nsa surveillance of these companies, david, a big question mark with all of that. david: right. that was taped. happened moments ago. they will be coming out, probably not talking to the press as they usually do. pete, use that as a sort of a segue into one of your picks because you think that because of what's happening with the high-tech business interests in tesla and other companies, tesla in fact will be creating its own battery company, according to what we're, what we're hearing, the rumors are, you think

batteries, really will be much more key in this economy than they have been. you have stock plays as a result of that belief. tell us about it. >> saks lt.ly, dave. thank you for that. what i see, the world is one battery away from an economic revolution. basically if we can get a battery that will drive an automobile 500 plus miles in a single charge that will really change the die nam beings of the automobile industry. it will likely cause about half of the weeks out there on the road to become obsolete. so if we look at those strategies, and start looking at different batteries that are being used right now, we see that lithium is probably one of the most common components that is being used. so i like a lot of different lithium manufacturing -- david: we're looking at screen. fmc corpse, rockwood. i can't even say it there on the third one on the list. that is essentially a play on

chile. a lot of these minerals come from there. go ahead. >> that is the chemical and mining company of chile. and it is down about 50% right now. they also have the largest deposits of lithium in the world. so really good play, a good long-term play. some folks though don't like to invest in foreign companies. sometimes there is some issues there. i also like global x lithium, which is an etf holding a lot of securities you just mentioned. so a good etf there. but really when you look at batteries and technology, that's what we want to focus on. who is going to create this next battery. david: right. >> ibm has a wonderful project called, battery 500. a lot of people don't know about it. cheryl: sure. >> but thought is to create -- david: we got your picks. we'll have to move on, thanks, pete. cheryl: guys, thank you very much. >> thanks, guys. cheryl: jeff duncan, pete lang, dan stesich. we'll come back to you before

the s&p futures close. gentlemen, thanks very much. dan we'll see you in a second. david: there have been big moves in currency this week. of course those meaning big moves in your portfolio. a lot of stocks take their hits from the way which currencies go. look what happened to nike, warning that a strong dollar will be a big drag on that company this quarter. with the greenback near two-week highs and chinese yuan near new lows, how do you play it? cheryl: higher mortgage rates, higher home prices and slowdown in institutional buyers. are the housing recovery's foundations starting to show some cracks in we are going to ask one of the premier experts on the industry. nobel prize winner, robert schiller, cocreator of the case-shiller index. david: we want to hear about you, something happened with the internet this week. the administration wants to hand our role in overseas domain names on the web to united nations. what do you think about this? good idea, bad idea?

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or difficulty breaing or swallowing, op taking cialis and get mecal help right away. ask your doctor about cialis for daily use and a free 30-tablet trial. so ally bank really has no hthat's right, no hidd fees.nts? it's just that i'm worried about, you know, "hidden things." ok, why's that? well uhhh... surprise!!! um... well, it's true. at ally there are no hidden fees. not one. that's nice. no hidden fees, no worries. ally bank. your money needs an ally. cheryl: s&p futures are closing. let's head back to dan stesich in the pits of the cme. final thoughts, dan. >> okay, we've gone down just a point or two. nothing big here. here's the big thing. watch the economy. economic data is going to drive what goes on, not only in the

economy but what the fed decides to do. we'll pay attention to that. two big numbers next week, durable goods, new home sales. weather should behind us. less's find out. cheryl: we'll have more on housing in a few moments. dan, thanks so much. david: have a good weekend. shares of lionsgate sinking despite a solid start to the latest trilogy "divergent." cheryl: nicole petallides at the new york stock exchange. >> the film so far has gotten mixed reviews. a lost children here in manhattan are excited to see it today and run to go do so, however the lionsgate shares today are down 7.8%. so the movie drew $4.9 million in the u.s. and canadian ticket sales thursday it opened. we're seeing it under pressure. that compares to 19.7 million for "the hunger games." so you're talking about 19.7, versus 4.9. so this is tough and not a great start. it is expected to sell

60 million, to $58 million worth of tickets through sunday. as i noted, reviews are mixed. let you know what the kids thought. david: nicole, thank you. no "hunger games", that's for sure. for years american mr.ers grown act discussed to a weak dollar and strong chinese currency. now the trend has reversed. yuan followed drastically with the dollar two week high. we're already beginning to hear complaints about this. yesterday, nike blamed its own weak forecast on this trend. so will currency changes affect other balance sheets as well? joining us, untel capital partner and cofounder. michael woolfolk, bny mellon fx trading desk senior currency strategist. thanks for coming in. it is already affecting nike. they blamed the chinese currency for its weak forecast.

are there other areas that are going to be affected by this change? >> i think you will find other manufacturers in general affected by the change. dollar near term will be here to stay for a while, what happened with the fed over the weekend, janet yellen and the comments that she made. i think the strong dollar will be here for a while. think that is good thing. the fed has been looking for a way to come out of quantitative easing they have been doing for the past few years and this is start of that. other manufacturers will find themselves in a bigger position with stronger dollar and hedging for that and planning for it. david: michael, why is it the chinese are weakening their currency right now? >> one of the things we got from the third plenum in china last year was a statement that they wished to embrace more flexible exchange rate, allow the markets to determine more of the value, the exchange. so, what we've seen with widening of bands is the chinese currency weakening somewhat against the u.s. dollar. this coincidentally comes at a

time when chinese growth is weakening somewhat and certainly weaker currency would help their exports. david: it also has something tog community in china, does it not? >> that's right. the shadow banking market or community in china is huge. upwards of $7 trillion. david: wow. >> if you look that compared to the subprime mortgage market here in the u.s. that pretty much brought down the global markets for a while is 1.2 trillion. david: is it about to go under? is there something about this we should know? >> what happened a lot of these infrastructure projects started in china were backed by these bond that were issued and i think what happened was when these buyers of the bond went in they felt that they had guaranty from the chinese government, guaranty from the bank -- david: you're talking about, by the way, one housing project after another that are now empty, right? >> that's correct. we went over there you saw china with their massive growth over the years and building

everything. building bridges. building housing projects. as you said now they're significant empty. those construction companies, those payments are coming due and they're having a hard time making those and they're defaulting. we find out there is no government guaranty. they bailed out one company in the first go round but we'll see what happens next. what is going on in china, i don't know. it is hard to figure out. they have to sort out this shadow banking industry. i spent time figuring out the perfect ncaa billion dollar pool the past week instead of figuring out what is going on there. david: michael the point is, i think it is a valid one, not only are the chinese doing this because of some micromanagement they're into dealing with the u.s. treasury, but they have to because of what is happening in shadow banking. they're in trouble, are they not? >> i don't know about the shadow banking business. david: hold on a second. because we do know they have, they have been building like crazy without necessarily the demand for that building. that is what you call a bubble. >> they have. $3 trillion in foreign exchange

reserves. they have a slowing economy. clearly a, a weaker currency would benefit them in the short term. one of the things that we've seen recently is also some expression of the fact that they don't want speculators to be betting on a perpetually strengthening currency. this is a way to squeeze out some of those positions. the chinese can develop, dial in exactly the exchange rate they want at this point. and i wouldn't put too much weight on the shadow banking element at this point. david: michael, there are other currencies in the world besides the dollar and the yuan. what opportunities are out there? what currencies do you think will rise an fall in the coming months? >> i think one of the things you want to stay clear of is emerging market currencies. on the positive side, certainly the dollar is set to strengthen on risk aversion in the near term. but i think once you get out towards the spring and the summer, that the euro and sterling are going to look better.

if you want to look more of a longer term play look to the mexican peso. i think that will be the best performing currency in emerging markets the next several years. david: how would you buy into that? >> i think one of the things you could do is simply buy assetses there, securities, mexican equities. david: what about the strength of the dollar? is it short-lived or will we see this continue throughout the year? >> no i think we'll see it continue for a while. everyone was looking for some kind of a hawkish statement out of janet yellen with the fed and they got it. so i think they will look for the dollar to continue strengthen. david: do you think they really did get that? i wonder. basically what she was doing making the two-step. she made the six month comment but everybody thinks that is a slip. >> they were expecting her to be so dovish when that one little piece came out and everyone jumped on it and ran with it. david: is that how you took it, michael. >> no. just the opposite actually. if you saw what janet yellen was

attempting to do was extend the language, not bring it more near-term. i think six-month comment was really more off-the-cuff and that the markets are putting that more in perspective. the fed is unlikely to be raising rates until at least mid 2015, perhaps -- david: i take it from that, that you don't think the rise in the dollar will continue much longer? >> well, it will rise but not on janet yellen's comments or forward guidance. it is going to rise on risk aversion and we have not seen the worst yet of the crisis in the crimea. david: okay. whatever happens, it is affecting american companies right now like nike, no doubt other companies as well. good to see you, and michael woolfolk, bny mellon, px trading desk, senior currency strategist. have a great weekend. cheryl: interesting discussion. david: yeah, good guys. cheryl: one of the biggest

luxury automakers on the planet is rolling out a new electric car that could be a tesla killer. we took a test drive and -- david: that is bmw? gosh, looked like a fiat. cheryl: they may unplug tesla, get it? this is also coming up. he is nobel prize winner and perhaps the nation's leading expert on the howing market. we'll talk to yale's robert schiller, case-shiller home price index cocreator. he will give us his take on the housing and economy coming up. david: he is a smart guy. ♪ up. a short word that's a tall order. up your game. up the ante.

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cheryl: time for a quick speed read of some of the day's other headlines. five stories, one minute. first up a portfolio manager from sac capital is reportedly planning to leave the firm and start his own hedge fund. this would be the highest profile departure from steve cohen's firm since the insider trading scandal. bmw is planning to invest hundreds of millions of dollars to expand its south carolina plant. german auto make is expected to build a new factory to build a new, large suv. bitcoin currency exchange mt. gox claims to found a 200,000 bitcoins in a old wallet they filed for bankruptcy last week after claiming they lost 800,000 bitcoins. pinterest is asking potential marketers for one to two million dollars in commitments ahead of its ad rollout. could the president be looking to swap out his favorite phone for something different? we all know president obama likes his blackberry. the white house testing samsung

devices. go for it, mr. obama. you will be happy you did. that's speed read. [buzzer] david: just a coincidence? i will change my blackberry for that too. cheryl: i went samsung. david: doing same thing. more and more people are doing that. cheryl: call some of the right people after the show. david: get used to it. high-end u.s. electric car market will have another big player. bmw is getting ready to roll out the i-3 all electric coupe, a price tag half of tesla's model s. it could be industry game-changer. maybe even a tesla killer. take a look. bmw will begin delivering its first-ever ground up, fully electric car in may. and the i-3s components separates the model from its battery powered peers. >> the bmws i-34 is first fiber reinforced body in the. david: that is sign of things to

come. >> the thing that is striking is use of thermoplastic material. thermoplastic impact resistant. david: bmw is not only luxury electric vehicle on the market. while tesla is dominating force in the industry. bmw may have one big advantage, price. >> the base i-3 is 41,350 without federal or state tax incentives. we're excited about this price point especially because certain states and so forth you're in the low 30s with really well-equipped car. david: why did the world's largest producer of luxury performance cars wait so long to enter the electric car market? >> for us we really wanted to understand both the technology and usage patterns of our customers. we actually had through our many e-studies and interactive e studies, two pilot programs we had about four or five years ago. we were able to understand in a smaller scale how people use an electric vehicle and the behaviors with that associated with owning an electric vehicle. david: okay. now, you know, they were kind

enough to give us a test ride. that was great. our producer went out with them and rode it. but just doesn't look like bmw. all the guys in here were saying that is not a bmw. cheryl: there was consensus on the floor here that real wasn't what they expected to see with a beamer. david: half the price of a tesla. cheryl: 41 grand and change before tax incentives. david: we'll see what happens. cheryl: i would drive it in new york city. david: it's a city car, definitely. cheryl: the foundations of the housing recovery are starting to show cracks. rising mortgage rates and declining affordability and pause in purchases by big investors. with a fed rate hike closer than ever is this just a start? we'll ask nobel prize winner, robert schiller, buyer beware. some millions of gm cars being recalled are still on the market. fox business found thousands of them for sale across the country. where? we have all the details. tell you how to make sure you're not an accidental buyer of a car that should be in recall.

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s is. cheryl: existing home sales sync to the lowest level in 19 months in february. home building activity often viewed as key driver to economic growth continued to slow. david: as mortgage rates and home prices continue to rise, the housing recovery showing

signs of a slowdown, we have robert schiller, case-shiller home price index coauthor and creator and yale university professor of economics. good to see you, i was, can't call a nobel prize winner but his first name, on air anyway. robert, good to see you. >> freaks me out. david: i can understand that. last time you were here, we were talking about a whether there is a bubble in the housing market. we you were seeing certain signs of it. we won't go over but do the signs continue to pop up? do you still think there is a possibility we're in some kind of a housing bubble? >> you know our s&p/case-shiller index went up 13.4% in the 12 months ending in february. that is a pretty high case of increase. but it is slowing. we're coming out with new numbers on tuesday. but our latest numbers are weakening on seasonally adjusted

basis. looks more like 10% with the latest month, 10% annualized. so it is weakening and there is other signs. i don't expect to go on at that pace unless there were real, strong bubble thinking. i don't see it. cheryl: robert, sound like you're concerned about praises and that is an affordability question. and if indeed affordability is a major problem going into this year, a lost economists, other economists are saying housing will really stumble this year. are you going to take us that far or are awe little bit worried? >> don't push me. i don't like to be negative. cheryl: i know but affordability is a problem here. >> yeah. there is a number of indicators that have been weakening. the nahb housing market index, although it was kind of steady this month, but, housing, existing home sales are substantially down from, late last year.

you know, things, don't look, as strong. so, you know, it's, i'm not going to predict any sharp decline but i think that it's, it was surprising how strong the market was. i think to some extent we're seeing kind of a delayed reaction to the very low, the record low mortgage rates that we saw at the end of 2012. and it got lot of people psyched up to buy. and now that that's pasted, it is going to see a weakening market. david: particularly since so many investors have been getting involved. i mean, i think when we were talking last, that was what was of concern to you. that so many foreigners are coming in buying for all cash. single family homes, the initial homebuyers were going down. but guys coming in as investors were increasing. it seemed like because the dollar is so cheap and because there are sear re interest rates on big borrowers, they can afford to get in the housing

market while the single homebuyer can't. >> well i think i can, i can't read their mind but i think i can appreciate what an investors was thinking in the last year or so. there's a lot of momentum in home prices. they have been going up pretty fast. and interest rates remain low. it's, it's easy. especially if you think you will get in and out. if you're the kind of person who might do that, i think it was a profit opportunity. but you know, these guys are not going to stay in if it looks weak. cheryl: well the other -- sorry, robert. the other issue is the banks and we've been talking with regards to interest rates. we still have seen many banks that are not quite lending like they should be to those looking to buy. i'm curious if you're seeing any pickup, a hear about pickup in positive way about banks lending more to the first-time buyers. trying to pick up homes sitting on the books at pension fund across this country? >> i don't know that there is

any, increased warmth to first-time buyers. and we're seeing, we're seeing, i think, young people today are not so excited about being a first-time buyer. they're more watchful and, they remember the bubble. and, it is just not the glowing market that, the other thing i would mention the futures market at chicago mercantile exchange. it is predicting something like five, 6% a year growth in home prices over the next, until 2018. i mean that seems to be reasonable. it is slowing down. in real terms it is more like 4% increase. i think it might even be less than that but i'm not predicting a fall in home prices. david: if the investor gets out though, if the, the people that are buying multiple houses at a time, packaging mortgages, and, sort of working the, housing market as a dollar trade

because, interest rates, if they begin to pull out, could that start a snowball effect? >> yeah. i think that, and i think it's a good thing that we have more investors in the market. probably since, it seeps there is increased demand for rental. we need someone to convert single family into rental. i think that is a problem. i think it is also a good thing if the market becomes more efficient. the housing market has shown so much momentum, it is just totally different from the stock market. and that is what these investors are seeing. they're interested now, when we have a 13.4% home price increase, in one year. i know that is not as good as the stock market, but it is more predictable than the stock market. you know, if you believe this momentum is, entrenched factor in the real estate market of the only concern because, institutional or investors ownership is becoming more important, it may not, this

momentum might fade and we might see actual, we can't can seen see drops in home prices. not my forecast but it's a risk. cheryl: always great to have you to talk about certainly the index. we'll look forward to tuesday. see what you have then. robert schiller. thank you, robert. david: good to see you, professor. it may be too late to fill out your brackets for ncaa march madness but how about bracket filling for investors which market drivers will win out? we have a market strategist who will give us his predictions based on the ncaa brackets. cheryl: good for me. i know markets. i don't know basketball. frenzy over the new season of hbo's "game of thrones" is reaching fever pitch with thousands of fans massing at a launch in new york. one of them took home a special prize. details "off the desk." ♪

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[ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ david: march madness has begun. and fans are frustrated as multiple upsets ruined people's chances for perfect bracket of the in the spirit of march madness our guest came up with a sweet 16 bracket for the biggest market movers which he says has as much chance to cause volatility in the market as we see in brackets. cheryl: we have jeff klinetop, lpl chief market strategist. this is great idea, jeff. i want to play the game if you don't mind. >> fantastic. cheryl: start with the economy. so here are the top things, from

the sweet 16 side of it under the economy. employment, weather, china, germany and japan. i'm going to say, that employment, and china, need to move on to the next level. how am i doing? >> pretty good. i mean these are important issues, whether the u.s. economy grows, truly is growing underneath all the ice and snow will certainly be a key factor affecting markets in weeks ahead. whether china's slowdown versus acceleration in germany and japan. that is certainly key issue there as well. those two certainly go head-to-head. cheryl: already a loser, dave. i already lost one. david: let's move on to policy which another bracket you have. ukraine, russia, tapering an emerging markets. if we put that up. what do you think will come out of those four? >> you know, i think that clearly, tapering versus emerging markets, interesting one, we saw emerging markets up today a little bit earlier. offsetting concerns about what

the fed might do. but really policy not the biggest issue this year as was last year. much more around economic growth. david: let me put brackets back up please. you have russia in there. does that mean that russia will be a greater or less concern than it is now? i want to make sure i understand this? >> good point. i think, russia versus ukraine, the issue has probably been decided. i think we moved on to the next round. i think that is now behind us. david: emerging markets is the winner there, if you can use that right term. in other words that will come out ahead, no? >> yeah, i think that will work out. i don't think that will be as much of a victim of the fed cutting back in terms of tapering or raising interest rates as many people think. they already made number of adjustments. cheryl: i'm getting swing of this. i don't want to be 0-0. do fundamentals, earnings, valuations, cyclicals and defensive. i'm going jeff, with earnings and defensives. >> yeah. earnings are critically. remember valuations are drove

markets last year. like a game show. you knee the numbers from last year were all about valuations expanding. earnings critically important this year. but so is cyclical leadership to the markets. we've got to see that in order -- cheryl: between earnings and cyclicals which moves on to the final, to the final bracket? >> you know ultimately earnings are far more important. cheryl: there we go. david: go to sentiment here. we have margin, brett, money proand volatility -- breadth. what comes out of that first bracket? let's go to the left there. >> we'll explain a little bit of that margin debt is high, often a sign people point to as part of a market top. david: right. >> we believe the breadth of the market is so good, most shares advance. that is something we can tell breadth is very important. money flow versus volatility. individual investors coming back to this market incredibly important but volatility is there. something they will have to

condition tend with an be comfortable with to come into this market. david: got to put that back up there, gang. who wins the final bracket there on the left? money flow does. cheryl: okay. david: in other words, there is enough money in the overall economy that is still has yet to go into that market. so once that does, that is the big winner? >> you remember, individual investors only in the last three months have come back to embrace stocks after five years of avoiding them. that's a lot of pent-up demand. cheryl: here we go. time for the final four. put up the brackets. see where we're at. we have pick ready to roll, comes down either to employment, emerging markets, earnings, or money flow. dave, i'm going with employment. david: i think i'm going, hold on a second here. i think i'm going with money flow. cheryl: money flow. cheryl: help weigh what we're looking at here. >> winner ultimately has to be the economy. that is what has to drive all of this we need to see better growth in the economy.

stocks to advance, earnings to go up to continue to go into the marketplace. ultimately that will be winner. cheryl: so interesting because so much talk about, you know, the employment rates going down and all that but you're saying employment is the biggest, i mean the biggest problem really? >> it is huge in terms of sentiment in driving investors into the market. it is very important in terms of driving consumption areas of the economy and earnings in those key --, housing. don't forget about housing. they don't buy a house unless they are sure they have a job 10 years from now. >> it is all big. investors, invest something not a game. this can be fun. idea behind this to show all different factors influencing market. there can be some upsets. we've already seen that in nca-a. no doubt there will be upsets in the weeks to come but that is not a reason to flee the stock market here. david: gotcha. >> we see gains, 10 to 15% this year. stick with it. we think ultimately you will

win. david: jeff klinetop. we appreciate it. that was fun. >> thanks for having me on. cheryl: hbo series "game of thrones" set to return on april 6th. last night opening for the fans creator gave one fan a special piece of memorabilia. wait until you hear what it is "off the desk." that wothat's correct.a rate. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we'll raise it yet again.

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cheryl: general motors recalled 3.2 million vehicles, many of them are still being sold by dealers. >> a lot of people don't realize this fox business's jeff flock found thousands of the recalled cars on lots all over the country. he joins us with the details. jeff? >> from dealers row in napierville, illinois where the calls are being sold today and every other dealers row around the country. look at some of thousands of cars that have been recalled, not repaired but on sale anyway. and that is because there is no federal law against it. there is a law that prohibits selling new cars being recalled and not repaired but not used cars. interesting stuff. gm says that, dealers they would think wouldn't be selling them because of fears of liability but, as we said, we at fox business have found literally thousands of them. some of them actually being advertised as gm certified preowned. gm contacted by fox business today said they really shouldn't

be doing that. the other thing we found, i think this is interesting one too, checking the carfax. normally they report recalls on a carfax. there is apparently a bit of a lag between the announcement of the recall and when the vins, vehicle identification numbers get reported. if you check the carfax of vehicles recalled today, those su very muchs most recently recalled, it comes up with a clean carfax, no recalls reported. david: wow. >> the thing to do if you're think about buying a car, go to the nhtsa website, the government website. you see what it looks i can up on your screen. we have it at foxbusiness.com, with our story, the link there. check it with the year, model number and your vehicle. don't trust the carfax right now. david: wow. cheryl: good advice. david: foxbusiness.com. the nhtsa website. we'll give you a link there. thank you, jeff. we asked you on twitter and facebook if you think the u.s. should give up its role in overseeing domain names on the

internet to the united nations in roy on twitter told us, it's a bad idea asking the u.n. has enough problems to deal with. cheryl: robert on twitter says keep domain names in the u.s. of a. david: let's go "off the desk". did you see jobs? this is the movie about apple founder steve jobs? cheryl says it is too soon. i agree with you. another movie about the appeal ceo appears to be in the work. aaron sorkin is writing a buy topic of steve jobs and tasteddavid fincher is reporting to direct. who is playing jobs? fincher is rooting for christian bale. it is set to begin production in 2015. so probably come out 2016. cheryl: also "off the desk," thousands of "game of thrones" fans collected in the barclay center for season 4 premier. one fan went home, get this, $30,000 party favor from series creator, george r. martin,

replica of the iron thrown. david: don't forget to watch "forbes on fox" tomorrow at 11:00 a.m. on fox news channel. among other things we'll tackle the issue of the u.s. giving up control of they internet. so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com

gerri: hello, everybody, i'm gerri willis. right now on "the willis report", a different group of americans now living paycheck to paycheck of the new phenomenon of the wealthy hand to mouth. employers demanding to know details of your sex life. it's happening but is it legal? and buyer beware. thousands of recalled gm cars and trucks still for sale and gm says it can do nothing bit. we're watching out for you on "the willis report" gerri: our top story, fallin