corner but uh-uh. [closing bell ringing] >> correlation -- [inaudible] liz: that is a big cheer. david: i'll say. liz: closing out, closing out a rather ugly session, we're off the lows of day. at one point the dow jones industrials -- at worst point s&p barely off that. nasdaq at its worst point. down 119 and 110. russell is getting clobbered by 2.33%. david: nasdaq has not been this bad since 2012. it was down.28%. after that, it is the biggest downturn in the nasdaq for a long while, at least couple years. liz: of "after the bell" starts right now. liz: don't count out what nicole

just talked about, big algorthymic sell programs from institutions. david: we'll see if that has legs for next week as well. let's get into today's action. we expanded it because today was very important day. we have eugene prophet, prophet investments founder. he says investors should ditch momentum stocks. he has three new plays for us. kevin giddis, fixed income, and tells us where to get the best value in the bond market. we have our own jo ling kent live at the nasdaq. that is where we want to start, jo ling. what really started this off? liz and i were saying it wasn't the jobs numbers or didn't appear to be. >> we had a nice jobs number this morning, not so bad but it didn't quite meet expectations. a lot of stocks selling off a cross a lot of different sectors. the only sector with safety and green arrows were utility stocks.

facebook, whole foods, tesla, all kinds of different stocks. not just traditional tech and social media and biotech stocks, sinking today across the board. a lot of investors telling me it was not jobs report. can the tech stocks hold the profit and hit all-time highs they have been hitting last couple of years. disappointing numbers out of nasdaq today. liz: dan, stock losses triggered quite a wave of selling. did you see big momentum, gigantic institutional trades coming through, program trades. >> you probably saw a little bit of that but i didn't eanything earth shafterring that -- earth shattering that has shaken my confidence. we had expectations on unemployment. people were expecting a little higher 250. that factors into it. we're at all-time highs for this market come off 1%, 2%, 5%, we're seeing profit-taking here.

i'm not worried about the market because fundamentally i think our economy is sound. david: there is a soothing point. the question is whether, market, chris, has exceeded limits of the economy to sustain it? that is a big question because the economy which hasn't gone one full guns right now, it has gone steady and sort of did meet expectations with the jobs number but the market gone higher than the economy can fulfill. is that scaring traders right now. >> i don't think so. you have to keep in mind the stock market doesn't reflect the general value of economy and where corporate profits are and interest rates are. corporate profits are record high levels. interest rates are quite low and tapering hat not had a big impact on that. ultimately when you look across potential things you could invest in, the stock market seems reason priced compared to other sorts of investment assets in today's economy. liz: i express you could say, it is an opportunity at the moment

to really figure out what is going on but the economy it seven, chris thornburg, we're bringing you in to talk about what is happening here as we look forward to better times. wouldn't we start to see momentum move towards stocks? >> absolutely. you know, when the economy starts to pick up some speed, as the last speaker just said the fundamentals are clearly improved in our economy today. there are still some things holding us back but 2014 will be a little better than 2013. 2015 probably better still unless something happens. when you add that all up and consider what it means for the stock market, it means ongoing growth in corporate profits. corporations today are on top of the world. absolutely that would suggest continued growth is possible. mind you, if we had 25% or 30% year this year, then we start pulling off a bubble. david: certainly based on what happened so far. kevin, let's go to fixed income

guy. that's what you deal with. some of those fixed income guys are not too unhappy hoping some of the money will come back to them. let's talk about what happened in the market today. we had a whisper number way above 200,000 than the jobs market came in. whisper number was 250,000 of the was there disappointment, was the disappointment that the whisper number turned out not to be true did that lead to today's selloff. >> david, this is one of the few times i get to play the role of the check hire -- cheshire cat. late in the day there was talk about 240, 250 number. positions got short with short bias into today's number. when we didn't get that, we got a really solid number. the bond market started off as a short-covering rally but when equity market didn't follow through and see what it was, money flowed into bond and started driving prices.

we had a really good day and set us up for next week's auctions. the only thing questionable today's numbers, average hourly earnings were flat and work week extended by .2 hours. people working longer for the same pay. that is a little bit after negative. that will probably keep the fed tightening right away but it won't start the taper. liz: when we see falls in the market what we saw today, eugene, you're a guy looking for good names, quality names at better prices. what were you looking at today? did you buy anything? >> we were in the market buying today but -- i tell you what we really would be looking at. as long as the jobs rate is where they were, the fed is going to stay accommodative i think you will still have up year in the market. won't be the same names as last year. that is why you social media stocks and biotechs are sell, sell, selling off. names like united rentals or trw automotive, cisco in large cap

tech, down tape, i'm not sure cisco was down that much with expectation so low. liz: down 1 and 2/3% for cisco. >> versus 2.6, or 2.7 nasdaq in microsoft. you are seeing beginnings of a technology upgrade cycle but very, in small parts. you're seeing enterprise and commercial spending going higher and i think that will bode well for the large cap tech names that haven't participated in the social media run like cisco, like intel and even microsoft to some extent. david: dan, the jobs numbers are behind them. we talked enough about them. let's talk about what is coming which are the earnings. next week we get a couple of bank earnings, some very important earnings coming up what are you looking for in the earnings report? a lot of people say revenue has to come in this time. bottom line is not enough. it has to be top line as well. >> i think you will have to see some of that but more importantly i think you will have to look at forward guidance. what dot companies say about going forward. what they have seen over the past few months. will it translate into better

profits coming down the rest of the year. that is the important thing to look at right now. liz: jo ling, i want to get to social media names that got clobbered. facebook down 4%. twitter hit by 2%. now 43.14. let me check groupon really quickly. down 1 and three quarters. yelp down for another whole host of earnings. when these earnings start to come in if any of them surprises to the upside, in a way will you expect them to pop just a bit. >> that is certainly possible. there is questions around tech stocks from analysts looking acquisitions especially fromminger companies like facebook and yahoo! we could really go down the list. yeah but all the tech stocks were down today. there is growing concern among analysts how exactly the tech stocks will hang on to the profits and some of these companies being, less in the green than others. if you look at entire nasdaq 100, looking at broader picture, liz, 97 of the stocks ended in

the red today. the only three that ended in the green, staples, symantec and mylan ended in the green. one tech company. that's it. david: chris, will this affect the fed's thinking at all? the fed likes to say they're not affected by what happens in the market. on the other hand some people like jon hilsenrath and others say they do pay attention to the to the market action. what do you think? >> well, we've got to keep in mind the stock market is always excessively volatile. my running comment is kind of like the 13-year-old daughte of the economy. it is the ultimate drama queen. david: i know what you mean. >> next couple days or so, exactly. with that in mind, this could, quickly leave this space and this entire conversation will be nothing but history. they're going to be a wait and see mode. wait to see what happens over next few weeks. see if these losses come back. my guess they probably will. with that in mind they really won't take it into account. liz: kevin, one quick question. you know if there is any fear at

start of next week people will jump into treasurys. which end of the curve do you like? >> i'm stuck there at intermediate side of the curve. what we're doing is shortening durations n the five to 10-year space there is real value, especially five years. over last two months, five-year given up close to 50 basis points versus the 10-year close to 20 basis points of the value proposition led by the fed comes especially, janet yellen, which created yield in the intermediate part of the curve where value lies. somewhere between five and 10 years i would be buying still. david: good stuff, guys. we could go another half hour but i'm getting a wrap. eugene, thank you very much. christopher thornburg and jo ling kent, thank you all. dan stesich, you're not finished yet. we have to deal with you when the s&p futures close. very important s&p futures close. we'll see what will happen going into monday. liz: very important. the wonder fund as 11 months of

outflows. bill gross spent three entire paragraphs, very oddly in his latest investment note dedicate to his cat that recently died. david: it was a beautiful cat. liz: it was a beautiful cat. at a time when he has got questions he needs to answer to annoyed investors -- david: good point. liz: should investors be worried? we dive into the culture and talk to a money manager who stopped putting new money to work with pimco. david: did today's numbers have anything to do with the big selloff. have stocks begun to you'd pace the economy? we'll ask ed lazear, former chairman of the council of economic advisors. tell us what you think, is today's move the start of a much bigg selloff to come? tweet us at us @fbnatb when your answers. [ male announcer ] what if a small company

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liz: dropping further into the red amid scrutiny over high frequency trading. david: nicole petallides on floor of new york stock exchange with more on this. nicole. >> looking at names, liz and dave, affected by this we're looking at e-trade. charles schwab, interactive brokers. td ameritrade. all of which felony where between basically four and almost 8%.

to the group got hit hard. the question is, will core source of their revenue be eliminated by the regulators? they are looking how they get these payments that they rely on for professional trading firms. with high frequency trading in focus, the question is whether or not they are actually having the best order execution for their customers? or, are they simply looking to fatten the bottom line? that is the question. it is not proven one way or another. but just the fact that the regulators are looking into this, really put a damper on this group. as a result you saw them down for the week and down today in particular. we're looking at d td ameritrade at 4.2% at the moment. e-trade, the worst of the bunch, down nearly 8%, dave, liz, back to you. david: all right. thank you very much. nicole. s&p futures just closing 37 seconds ago. let's go back to dan stesich at cme. what does it look like heading into monday, damage? >> you know what, earlier in the day, when we were speaking i

wasn't seeing anything that was really shattering my confidence in the market. in last 15 minutes here before the futures closed the market really hasn't done much of anything. there hasn't been any massive influx of selling. i'm positive going forward. we may come back a little more but the market is okay. david: dan, thank you for those reassuring words. liz? >> happy to be here. liz: this caught many market watchers eyes. pimco, the powerhouse led by bill gross may be losing some of its shine not just because investors month after month are pulling money out. they pulled $3 billion from gross's total return fund as well that is the 11th consecutive month of outflows but the top concern for gross so-called bond king, seemed to be in his most recent letter, which i have in my hand, his cat. the cat recently died. he spent three entire paragraphs in this letter talking about how much he loved his cat and then he got into what he feels is

appropriate investing right now. what is the future look like at pimco and does this scare some people who have money with him? joining us tim moore, bam alliance personal finance and mat roy year,. we can pull out some quotes which i like to do to show people. this has been very much eyeball. bible. people wait for this do come out. in recent one, bill gross remembered bob, his kitty who was a female this, is first couple paragraphs of this thing. i often asked her about recommendations for pet food stocks and she frequently responded, one meow for no, two meows for you bet. she was less certain about interest rates but then it never hurt to ask. tim, let me get to you right off the bat as we read another quote, her name was bob. one of the sweetest animals anyone could have. i don't think she-minded having a boy's name, at least she never mentioned it. tim, when you saw this, what did you think?

you wrote an article in fors and kind of reamed him for this. >> liz, listen it has been a rough stretch for bill gross, hasn't it? going back several years, 2009 he came down with the mountain new normal underestimating what the market would do for next several years. 2011 he bets against treasurys. grossly underperforms, pun intended. and then as things move into the future, continues to suffer from relative underperformance. then the most stable member of the leadership team, el-erian leaves the heir apparent. get stewardship downgrade from "morningstar" and heaven for bid -- liz: he is writing about his cat, the cat named bob. listen, no one loves cats more than i do. when my cat died i was devastated but i didn't spend five minutes on the air talking about her. this is serious stuff. tim, is he losing it? >> liz, i think what we are seeing here that is something emblematic of what we've known for bill gross for a long time.

he has outsized ego. none of us were shocked that a bigwig on wall street making $200 million a year has a big ego. one of the more recent articles came out of "wall street journal" dug into the depths of how significant it is. i think we're seeing more hubris. he decides it is worthy to spend three paragraphs on fuzzy leaving this earth. liz: we bring in mat reiner. who was an investor. you had money in there. you have stopped. have you removed money from pimco fund that you had. >> no. so we haven't removed our funds. we wanted to let the dust settle. tim makes a good point. there is a lot of negative evidence lines out there with pimco and bill and he will airy yen leaving. we wanted to do a wait-and-see. we have 30 million invested in the pimco total return fund. during the first quarter we're waiting and see. we're doing our own investment in our own duration. liz: what did you think of this letter? by the way, let me read another part where he talks about how

the cat would follow him in and out of the shower. i mean, i don't know, i'm looking at this at a time when he is in the sights of some angry investors. i found this really bizarre. >> yeah. i mean i think that he also, he is a unique person that. is the thing about bill. i thought that the meat of it, if we got into it, it shed light on where their view is. i mean they're looking, they're sticking to what janet yellen's saying. they really believe that. and he is really moving toward that credit play. that is what investors want to see. i think what he did was try to lighten up the situation a little bit with the first three paragraphs, we can argue that for days but i think meat of it hit home for some investors. liz: tim, the market rewards those who don't lean on hubris, who are out there saying i'm great. isn't that true and what happens

next for bill gross. >> absolutely, liz, the market rewards humility over hubris. ego and pride comes before the too often. bill miller, you may recall, the equity analyst in 2008, 2009, 2010, who beat the s&p 500 for many, many years, running, struggled from the same problem. when you decide that you're bigger than the market, when you're secretariat as bill gross referred to himself, thinking you can do no wrong, that is where the problem comes in. but there is up a fundamental point, liz. that is that we should, we should approach investing with more humility, not necessarily trying to just chase and claw after the market but get everything that the market has to offer. liz: matt what would make you change your mind and start piling money back into pimco total return fund? >> i think some stability at pimco and reinforcement. i think bill has kind of said it a little bit in a sense he is not planning on leaving. also a bond market issue, right? we have to make sure that the

yields are going to stay in this level an nominal growth for q1, we're looking at 3, 3 and a 1/4 on that side. we're making sure the yields don't spike out which we don't believe they will and we're looking for stability and what unfolds in the bond market. liz: listen, when you get to the last page he tells you what you think should be investment path. yields of unit durationn are historally low. favor, credit volatility trades and when you get past the part of the cat and watching him coming out of the shower. we appreciate you being here. david, we know you love animals. david: talk about burying the lead he did it big-time. big banks like jpmorgan and wells fargo will be big companies out of the gate when the new earnings season that begins next week and will financial lead the pack like they did last quarter or will investors brace for big dig pointsments? final four is big business

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david: time for a quick speed read of some of the day's other headlines. five stories in a minute. website true car filing for ipo plans to rise up to $125 million. the company gives user vehicle pricing information. helps connect them with dealers. luxury carmaker mercedes-benz selling record number of cars, seeing most monthly sales ever.

mercedes deliveries rose 13% last month to 158,523 cars. >> . >> home automation company nest labs recently acquired by google stopped sales of its smoke detector because users could unintentionally disarm the device. that is a know know. paula down closed her seafood oyster house, uncle bubba's. that is the center of her racial discrimination suit. she did not tell the employees about the decision. they showed up to an empty kitchen. 11% increase from 202007. according to us. "usa today," analysis of more than a third of s&p 500 companies. that is today's "speed read." they did pretty well, liz. liz: nothing wrong with that, right? banks were somewhat resist daunt to today's big drop in stocks. there has to be the spillover into earnings season. david: jpmorgan and wells fargo kicking things off next week.

both set to report last friday. of the financials led earnings growth, showing double-digit gains but this time around analysts are not so bullish. liz: have expectations dropped and will today's market trump next week's earnings and transaction? go to jo ling, been at nasdaq watching price action. focus on everything, jo ling, all sectors coming out with earnings. >> that's right. we're kicking off earnings season with alcoa next week. banks are coming. last year the financials were the darling of the earnings season. 24% growth. but this time around, we are expecting a drop in growth of 2.6%. so, why is wall street turning bearish on the banks heading into the season? we talked to some analysts. they cite a number of reasons. here are the top three. treating is a big potential trouble spot. barclays estimating that fixed income trading will be down 10 to 20% on wall street. so that is one thing to look for. banks dealing with a slow down

in the mortgage business. in fact home loan volumes to fall 5% analysts say from the fourth quarter. last but not least, weak bond trade something another sore spot here. expected to hit bottom lines of the banks as well. so, what would be hit the most, bank of america looking to be into the worst position going into earnings season of drop of 83.3%. big whopper there, followed by citigroup, goldman sachs, morgan stanley and jpmorgan. so, there is a little good news. wells fargo has emerged from this, with a bit of a silver lining. they're expected to grow by 2.1%. so, they have actually been revised up from january. but, to put all this stuff into perspective for you guys, the financials have had a super stellar run over the past year. and so, some analysts telling fox business that that easy money was made of, on, u.s. banks. so it is definitely one way to look at it. so, we're, analyzing all of these potential problematic

spots going into the earnings season for banks next week. david: all right. 41% for bank of america. we'll see starting next friday. thank you, jo. >> thanks. david: the white house said the private sector covered all the jobs lost during the recession but with more than 10 million americans still out of work, what about all people pulled out of the workforce, should we be doing a lot better? ed lazear, former president of the president's council of economic advisors. liz: while this year's tournament is expected to break hottest ticket around.may not stubhub's ceo telling us live which games are forcing fans to fork over the most cash. david: and you may soon be able to buy a stake in one of the most iconic brand in all of sports. it is one of the teams on your screen right now. one of these, which one is it? we'll tell you coming up.

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shut your mouth and sleep right. breathe right david: are you hiring right now? if so, what kind of people are you hiring? do you have a job norfolks out there that might be looking? >> i tell you what, if you're a mechanic or driver, we've got a job for you i can guaranty you. liz: see at fox business we're always working for you. thatting was dave steiner, ceo and president of waste

management on our show yesterday saying he has jobs available right now. he articulated, if you like to apply, here is what we're doing. visit our twitter page, @fbnatb for the a link to the posted jobs. if you're a business with job openings. send us a tweet @fbnatb and we'll post them for you. david? david: we'll keep this up throughout. we're not just doing it this week. the jobs number came in short today, just short of expectations. it wasn't bad, so are these numbers a sign we're going in the right direction or an indication we should be doing a lot better? joining us ed lazear, hoover institution senior fellow. of course former chair of the president's council of economic advisors. wonderful to see you again. thank you very much for coming in. >> thanks a lot. pleasure to be back. david: now for me, and i suspect for you as well, there was very good news in this jobs report and that was there was really no growth at all in one sector. i think you know what that is,

the government sector. i think that is good news, do you? >> well, i do too. this actually was a pretty good report. in fact i'm surprised that people interpreted it so negatively, because relative to the previous reports, this one was pretty strong. that, i like to look at two things in addition to the headline job number. the first is hours of work. and that went up considerably. the average work week went up.of a percent. part of that might be reflection of weather. -- .2 of a 1%. that is in terms of job it was equivalent to. this one was stronger. the second thing was employment to population ratio which is the proportion of people working relative to the size of the population. that ticked up a little bit as well. it is as high as it has been since march of 2009. so that is the good news. along with the good news there unfortunately is some bad news and the bad news is, we still have an enormous way to go.

even with the hours back up, we're back to where we were last summer. in terms of employment population ratio, we're back to where we were, almost at the, at the trough of the recession. worst time in the recession which was march 2009. so, these are better numbers but, there is still a long way to go. david: i'm sure you heard the white house commenting today are and other economists as well. we gained back all jobs we lost in the recession. that of course does not count all of those people who pulled out of the workforce, job participation rate. job participation rate is still close to all-time lows. >> that's right. in fact that is really the wrong interpretation. i don't mean your interpretation, i mean their interpretation. the reason is that during the period that they're talking about when we gained about eight million jobs, we also gained 14 million people. david: right. >> in the working age population. so that's the big deal. if you're going to accommodate those 14 million new people in the population, and make up for

those jobs, you really need an actually, another eight million jobs. even if you want to be generous and take into account that the demographics are changing. guys like me are retiring from the workforce in numbers higher than there were in the past, even if you take that into account we still need another five million jobs and at the current rate it will be another five years before we get there. so it's an illusion to say we've made up for the jobs lost in the recession. david: also kind of jobs. i notice that part-time workers outpaced full-time workers two to one. >> yeah, well that's true. and that might be a function of what's going on in the economy. i'm not quite as worried about that. i think that the big problem is we're just not seeing the kind of job growth, we're not seeing kind of growth period we need to see in this economy. david: right. >> you're talking about growth rates in the low 2% for gdp and if you use the, the best predictor of where we're going to be over the next year which

is actually the market, we're still talking about somewhere in the two, to 2 1/2% range. things don't look great. they don't look terrible. but they don't look great. this does not look like recovery. david: you and i talked before what might be causing this slower than normal growth rate after recession. and of course the cost of doing business is still very high. and one of the biggest costs the president did a victory dance this week because he got the seven million enrollees in obamacare. there is cost to that. not only those kicked out of their policies but also to the job market, right. >> right. that's a very good point. i would not be doing a victory dance. when you drive people out of their current plans into another one and declare victory because, as a result of not being able to get their current health insurance they flee to the government alternative, you know, that is not a great deal. that is kind of like saying we shut down all the jobs and you see people joining the ranks of

unemployment insurance and that is terrific. i don't view it that way. i think the problem is we have a structure where we are subsidizing health care and in ways that we probably shouldn't be, creating distortions in the labor market. that is not really a good thing. dave, we talked, i'm sorry, go ahead. you talked about that last time. david: they're giving me a wrap now but i have to ask you about today's market action. i know you're not a financial analyst per se but again talking about the slowness of this economy in relation, juxtaposition with a zooming stock market i wonder if you think the market has gotten a little far pays of the economy itself? >> well, i, again, i usually turn this around. i usually look at the market and infer what is going to happen to the economy based on the market. i always think the market has better information than people -- david: you're probably right. >> i use the market as my indicator. probably today was a bit of an

overreaction if i were looking what was going on. i think number is appropriately parsed are not so bad. they were actually better than i think the market gave them credit for. david: ed lazear, former head of the council of economic advisors, now at the hoover institution. thanks for coming in, appreciate it. have a good weekend. >> my pleasure. you too. david: liz? liz: thank you very much. the perfect storm of weather patterns caused a buildup of inventories at timber mills. what does it mean for prices in the housing market? coming up jeff flock live from the timber mills to look at this. very important, it affects stocks involved. plus, have you ever had a monster mac at mcdonald's? ever heard of starbuck's liquid cocaine? no. that's because they're secret mean you items. coming up we reveal secret order you can make at several fast-food restaurants. stay tuned.

why relocating manufacturingpany to upstate new york?

i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com

david: well you may soon be able to own a piece of the chicago cubs if you want to. less than five years after buying the major league baseball team for 845 million-dollar, the rickets family is exploring a possibility of selling minority ownership shares in the club. the founder of the advisory firm galteo sports partners which helped the rickets family buy the cubs, told fox business, gold, gsp has been exploring various financial options to fund the renovation of wrigley

field. one of the options is sale of limited partnership interests in the cubs. wrigley field renovation will expect to cost $500 million. this will allow a small number of high net worth shareholders to get a piece of the vennable ball club. however they would not be offered voting shares. "forbes" magazine values the cubs at 1.2 million, billion excuse me. so the family made a nice little profit. the fourth most valuable among major league teams. other sports franchises offered stakes to the public include the nfl green bay packers, liz. liz: let's move from that to basketball. are you ready for the final four this weekend. according to stubhub, ticket sales for the big games are up 17% from last year's final four. david: so just how much are ticket packages selling for, and how is the company's new all-in pricing impacting businesses in joining us stubhub president. chris, great to see you. congratulations this is almost

straight up from the beginning of the starting this business. this is wonderful stuff. how much more interest in the final four than in years past? >> well, as liz said, sales are up 17%, versus last year. we're seeing a lot of healthy interest. starting prices for the final game are at about $100, but the average so far is about $557. david: that is the average? wow. >> yeah. so, and this is a became that is being played in a football stadium some it's a basketball game in a football stadium there. are lots of seats and opportunities for the people to see the game live. liz: talk about the act pages that you have. you've got final four packages, everything from the semifinal packaged with the championship. let's look at pricing. which is the highest? i guess we could talk about get in prices, right? >> yeah. so if you think about final four, there's a strip as it is called, includes both two

semifinal games on saturday and final game on monday. the starting price for something like that is about $280, for just the semifinal games on saturday. that ishundred dollars for both games. just for the final game, that is about $110. that is the least expensive. liz: which is the best-seller one, chris? >> best-seller, i would say probably the full strip is the best-seller, sort of the best value. that is a lot of basketball over three days. liz: yeah. david: chris, talk about all-in pricing. one thing bothers heck out of me, order tickets on line with the extra charges. it's a bait and switch. pull you in with the low prices but like at&t phone bill. at the end all these little extra prices boost up the to almost twice the original price. you want to get rid of that and put all-in not everybody is happy about that, are they? >> yeah. we've gotten rid of nickeling charges an extra fees as you check out. we completely got rid of that at

beginning of the year. that is what we call all-in pricing. the price on the events page is price you pay. david: some of those people who provide tickets, they don't want all those prices revealed right at the beginning. >> yeah. the funny thing about running a marketplace, and i've been in the marketplace business for the last 11 years and you have sellers and buyers. we try to make both happy. when it comes down to making a choice between the two we always go with the buyer. the buyer has the money who actually pays for everything. and what we find, what we found is, with our new all-in pricing on stubhub, it is driven a 10-point increase in customer satisfaction, more than any other thing we've done on stubhub over the last five years. liz: it is known as honest pricing. i don't see a problem with that. >> that's right. >> i rather know up front what it all will be. psychologically some people go the other way. talk about the concert business. who are the hottest concerts right now when it comes to stubhub tickets? >> so far this year the hottest

concerts are names you probably know. it's katy perry, bruno mars, george strait. billy joel and yulia tymoshenko. -- justin timberlake. a little bit of older and country thrown in. liz: i love it. david: by the way, l.a. dodgers, number one for tickets? i love that. our friend peter gruber part owner. not just because jobs this week. are you hiring anybody, chris, if so what kind of people are you looking for? >> yes, we definitely are hiring at stubhub. we're looking for a lot for ad salespeople. we're, we need more salespeople. we're also constantly on the lookout for technology people, engineers, product managers. other people like that because we're a technology house. david: good stuff. liz: chris, good luck. i'm sure ticket prices will heat up as we get closer and closer. thank you. david: chris, good to see you. thank you very much. look out below!, the lumber

industry has been falling as winter weather putting a damper on housing market but bluer skies ahead with warmer temperatures coming in. we're headed down to the lumberyard.to the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com

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david: america's has got wood, a lot of it, a combination of

frigid winter with. mills are seeing much lower prices. how can investors take advantage. liz: our own jeff flock where the wood is. great northern lumber in blye island, illinois. jeff. >> do you see that saw blade right there? that saw blade you just saw is actually, is actually 54 feet long. and it is an incredible place to see this wood shake through here. i have mark and jeff courier, great northern lumber. a lot of places have seen a big backlog. we look at the futures right now, prices really come down. have they come down from your suppliers? >> we haven't seen it as dramatic as the media has emphasized. >> that's why we're here. we like to get the straight story. >> you're betting the straight story. we pretty much been able to, get

them to accept our counters. >> i was going to say. what you're seeing right now are boards come in huge logs and they get sawed down. i want to get a sense from jeff courier, who has been in this business for 40 plus years, is there an opportunity out there? we look at some of the timber stocks. they have all been depressed. is this a good time to buy? >> i think it's a good time to buy. i wouldn't want to buy housing stocks right now. but -- >> is housing coming on, we're poised for a run-up in housing. do you feel that. >> no. i think we're going to probably be at a level that we were last year. >> not optimistic? >> no. i think there is some issues out there with some existing homes that will come on. and i think, there is some, i think there are larger businesses out there that the

banks, as will reveal. >> jeff, appreciate the insight. mark, appreciate the insight as well. fascinating. tell me how long the blade is one more time? >> that blade is 54 feet. >> 54 feet long, oh, my god! guying back to you. david: please, watch your fingers. boy, that guy was honest about housing market. liz: that's what we give here on fox business, honest answers. david: absolutely. liz: go "off the desk." chipolte has a secret offering, holding it in my hand right now. it is not part of the restaurant chain's regular menu. it is part of a secret menu only certain people know about it. >> what do you mean? liz: they may have an unofficial item on the menu you didn't know about. a website, hack the menu.com, exposes off the menu items at chains like mcdonald's and taco bell. we set a fox news producer on secret mission. this is the serito. this is the starbucks 2006

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so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ gerri: hello, everybody, i'm gerri willis. right now on "the willis report," calls to poison centers surge over e-cigarettes, children's specially at risk. also backlash as two prominent sports broadcasters say men taking paternity leave are wimps. >> i don't know why you need three days off, i'm going to be honest. gerri: who is right? we'll debate. google's company nest stopping sales of fire alarm because it. we're watching out for you on "the willis report." we're starting with critical information you need to know, especially in light of the gm recalls. new report by carfax