forward. they trimmed it a little bit. they're still doing well. david: pan door a is not doing well. what is the problem there. >> net subscription growth slowing. bells. not a good day. not a cot of lot of conviction in this market. very light volume today compared to. just. we do have gdp figures coming out this week. second quarter, remember how lousy, first quarter was. i'm beginning to think, that maybe some investors want to get ahead of the announcement of those figures. to wipe out the first quarter, cheryl, you would have to have a real pop in the second quarter. >> you mentioned gdp, david. next week, fed meeting. that will be a big market mover. >> indeed.

worst performer on these indexes is the russell 2000, small and mid-sized. we have somebody coming out and time to buy. david: "after the bell" starts right now. let's get right to it. mark matson, matson money founder. ceo. will tell us what opportunities he sees overseas. quite a few. michael binger. gradient invest. but he does have two stock picks. worth irvinvesting in particular i, one of them is. russell 2000 that just mentioned. dan stesich joining from cme. dan, a lot of selling going into this weekend. i'm thinking what is happening on the macro level. we're going to get gdp figures, second quarter coming up. maybe a lot of investors want to sell before the news comes out? >> you know you had a while confluence of events. german data soft last night.

geopolitical worries. importantly what you said. we have a lot of economic data, culminating with employment on friday. but the one i'm really going to be looking at is gdp. mentioned this before. awful first quarter. i want to see 3%. if i don't see 3%. between two and three. i want to know why. if it is below two, we have serious problems. i don't think it will be there. i think it will be good and we get profit-taking. cheryl: we may have problems. a lot of countries around the world don't have problems. mark, you have been a big bull, when it comes to emerging markets and international investing. i was shocked to see telling your clients, right now. 40% in emerging market. that is one of the highest percentage i think i ever heard you recommend or that i have heard, frankly from anyone. >> yay, i mean, what investor has to remember theyn get myopically focused just on u.s. what we tell investors. is, especially ones in equities have 45% of your portfolio in international. cheryl: 45?

>> 45%. okay. up 23%, and italy you had a lot of bad news in the press 12 months ago is up 32%. you need to be globally diversified. u.s. only accounts for 50% of the global market. most people miss out on that opportunity. david: michael, you are not investing new money in the market right now. why not? >> well, here's how i see the picture right now. so at beginning of the year, we built a forecast what we thought would take place during the whole year. around 9%. we built the forecast on 7% earnings growth. 2% dividend growth and no more multiple expansion like last year. 50% of the year through and 95% of our target. so can you do one of two things. i'll raise my price target. a lot of people do that. instead we're going to wait for opportune time. a 5% pullback, we think that could be in the cards.

800 days since we've had a pullback of 10%. if we get the pullback, we're not cautious, we'll look at the fundamentals which i think are good. cheryl: earnings have been overall, except if you are amazon or visa, pretty good. decent numbers coming out of companies. why is that not focused on today's action when you had a triple-digit loss for the dow? >> first off, we're at record levels any. little issue that's going to scare the market is going to bring it off. this is not a big deal, and agree with the previous guest. if you're comfortable, you are going stay there. we have a ton coming out next week. if you get a better opportunity, seize it, if we do get good numbers next week out of gdp and the employment situation. we will do more investing in here. percentage point. you are in favor of investing in that right now. why? >> well what i tell investors

stay focused on next five years f you're focused on the next five years you can always be a bull. most investors have large stocks in their portfolio but they don't have micro caps. investors would be well-served by having indexes, the problem with stock picking and market timing it doesn't work. what i want to do, is focus on long term. if those markets go down, i want to rebalance and go small. we own structure funds are a little better. this is step in right direction. cheryl: michael, look at your picks. one of the picks pretty darn interesting. visa is the reason, that the dow is under so much pressure today. are you concerned about your choice here for your clients? >> no, i'm really not concerned at all. i mean i love visa. i think visa is a fantastic global brand. and i think visa will grow right through this. look, what did visa do? they lowered revenue growth from 10 to 11%. to nine to 10%. to me i say big deal. their earnings are growing in

the high teens. i look out at 2016, and i see earnings 12 1/2. i think this company deserves a 25 multiple on it. i could see a $300 stock. tee see a temporary blip because foreigners are not traveling between russia and back and forth. i think that is temporary. visa continues to execute through that. buy on any dip. david: i was just in europe. they don't take american express in europe. you have to use visa or mastercard. you are right what is happening in europe. dan, let's talk about amazon. we have a special segment on amazon, edetailing bull and bear what is happening with that company. without any profits, they sell a lot of stuff. no doubt that money is pouring into that company but it doesn't show up in profits. are they going to have to change their strategy? >> well, you're going to have to do something down the line. they have a pe that is astronomical right now. it just can't keep going on forever like that. so i don't know what that strategy will be. i'm sure they will try to figure something out. but in the meantime.

i think action on amazon today is absolutely correct. and i would say away from that stock until i start seeing some concrete examples what they will do going forward. cheryl: mark, talking about emerging markets and things. one of the big bullish sectors still has been technology. that is the dependent on emerging markets growth. whether it is china or india, smartphones, you name it. do you like that sector? do you like tech at all, mark? >> well the problem with at love these big tech companies they have a great idea, they make all this money. then they don't have anywhere to reinvest it. hard to keep inventing next big huge technology. a lot of times they end up buying back their stock. i do not like tech as a sector. i believe if you own micro caps. if you want google or yahoo!, these companies, 5, 10, 15 years ago. not today. focus on microcaps and book to value stocks. that will get you higher than expected returns in your portfolios. don't get stuck on headlines. cheryl: good point, mark.

david: michael, gdp numbers come out next week showing substandard growth compared to the first quarter, which was absolutely lousy, something less than 3%, are you thinking of getting out of this market? you're not for putting new money in. you're not for selling right now. in if fact the gd numbers next week are weak for the second quarter, would you consider selling? >> we really don't endorse this all in, all out mentality. we don't endorse also investing in allocation and letting it ride forever. we believe in changing on margin as you go through market cycle. what we're watch something we're watching earnings growth which was punk in the first quarter and looks like it is picking up in the second quarter. we're also watching the economy with which these companies operate in. so we see economic numbers getting a little better. if gdp comes in below 3%. i agree with your previous guest, we have a problem. we may pull back a little bit even more on equities at that point in time. cheryl: michael, thank you very much.

mark madison as well and mark stesich, we'll get back to you after the break. david: have a good weekend everybody. cheryl: amazon's new fire phone began shipping today on terrible day for the stock. shares plunging 10% after the a dismal earnings report. is wall street's love affair with amazon over or are we taking a break? david: job creation in a sluggish economy. how do you stand out from the crowd? there is a big labor pool. in the final part of our can you hire me now, we ask three job creators from very different industries. what exactly are they looking for in potential employees. cheryl: i love my hiring segments. very excited about the panel. we want to hear from you about amazon. tech giant had to change its ways to sell its stock. tweet us @fbnatb. we'll have your answers coming up. david: use your kindle. cheryl: all right. ♪

cheryl: xerox is buck the markets downward trend ending the day in the green. david: that's good news. nicole petallides on floor of nyse. what is good news there? >> xerox is not just copiers anymore, right? they have been transforming company. the tock is up 2 1/2%.

hit a 52-week high. the profit fell but it did top estimates. also the outlook here, the earnings outlook for the year, well they had to lift the lower end of that, and that is good news ultimately, right? they're giving outlook better than expected, lifting that lower end of the range. they are transitioning this company as i noted. they will be doing other things working on transition, bill processing. i.t. outsourcing, document management. this transition has been a little bumpy and a little tricky. that being said, you can see the stock performed well up 2 1/2%. up 31 cents. dave, share, have a great weekend. cheryl: thanks, cheryl. david: thanks, nicole. we have in the last session with dan stesich. seems a little quiet now. were people selling or buying into the weekend? >> they weren't doing anything. we're pretty much going out where we were before. i'm a fundamentalist. i believe the economy will drive

whatever happens. next week is an important week. keep an eye on all the numbers that are coming out. will determine what will happen in the future. david: i think you're right. dan, thank you very much. have a good weekend. cheryl: so far stocks seemed to shrug off negative headlines about ukraine. it may be only matter of time for companies with business in russia get hurt. david: peter barnes inside the beltway with more on how the conflict is affecting u.s. companies. peter. >> that's right, dave and cheryl. for some idea of exposure to u.s. companies in russia, the u.s.-russia business council in d.c. has more than 200 member companies and organizations. they include dozens major firms, apple, exxonmobil, ford, pepsi and gm. in second quarter, ford announced it took a write-down on $300 million on a russian joint venture. it said business was hurt by slowing economy and weak ruble, conditions made worse by the backlash over the ukraine and downing of malaysian flight 17.

russia is the second largest market for pepsi, with nearly five billion in annual sales there and eight billion in assets. the company said its sales in russia rose in q2. ceo indra knew which said the business is fine. at this moment the russian consumer still needs to eat and drink. two u.s. energy companies with ventures in russia, and there are at love them over there, halliburton and schlumberger, say russian sanctions and economy have not had effect on operations there. right now a mixed picture for impact on american companies. cheryl: peter what is the administration saying about the sanctions today then? >> actually we got some comment out of the white house on that. the administration said the sanctions against russia are hurting its economy, but, the white house acknowledges they have not stopped russian support for the separatists in eastern ukraine. >> as you point out it hasn't

yet changed president putin's calculus for his intervention in ukraine. that is why the international community is actively engaged in conversations about whether or not and how, to impose additional economic costs and further isolate him. >> in one sign that the sanctions are hurting russia, its central bank raise its key interest rate again today, to help prevent capital outflows and to defend the ruble. david and cheryl. david: check the central banks. always the key. peter barnes, thank you very much. >> you bet. cheryl: work week is ending with another major recall by a global automaker. this time because of a problem that could send metal fragments flying into drivers and their passengers. details coming up. david: hate it whether that happens. shares of amazon tanking on the same day that its much-hyped fire phone began shipping to customers. has amazon overextended itself with too many products?

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requests. in the car industry. mazda announcing it will recall 18,000 models including mazda 6 sedans and rx-8 sportscaster. the recall is due to a airbag that could send metal flying into occupants. according to reuters, exxonmobil is looking to expand its refinery in beaumont, texas, potentially making the location the nation's largest refinery by 2020. peter cinnabon, moulson coors is set to retire from the company at end of the year. he was been in the beer industry for four years. that is today's "speed read." [buzzer] cheryl: amazon shares plummeting after the online giant failed to earn a profit and missed quarterly estimates for third quarter in a row. release of fire not enough to boost the company. david: we have a "morningstar" analyst and aaron kessler,

raymond james analyst. good to see you both. thanks for coming in. aaron, i want to go to you first. let's talk about the amazon fire. you just downgraded amazon stock to hold. i wonder if this is one of the reasons why? "wall street journal" gave a review, which was none too kind. sort of typical of a lot of reviews we've seen for the amazon fire phone. they say the fire is grown-up equivalent after 9-year-old riding a bike with his hand in the air, look, mom, no hand. it is a neat gimmick but it won't get you very far. is that the problem? does amazon have too many gimmicky products? >> i think the from, it is hard for amazon to differentiate themselves in new area such as kindle fire tablets and fire phone. there are already good solutions. hard to get consumers to buy these devices. cheryl: let me ask you about your separate take on amazon and basically you think that this is a buying opportunity. what i found interesting, you noted that you said you have got conviction when it comes to

amazon margin expansion. expand on that please. >> yeah, absolutely. i do think that even though we're looking at a pretty serious loss for the third quarter, i do think that there is a longer term margin expansion story here. i think that comes in number of ways. comes in prime memberships. not only new prime minister members but higher engagement levels. pricing tiers over the long term. aws is running at a loss right now, i think that business unit also has potential for margin expansion longer term. don't think that will be a double-digit margin story. think there are single-digit operating margins as well. >> haven't mentioned amazon or kindle. >> think the devices are really more designed to change customer behavior and lock them into the ecosystem. i don't think any devices amazon launched other than the dash product go with amazon fresh will really drive much in the way of sales. i think more so to keep people in the amazon ecosystem and

really extract more profits out of top customers more than anything else earnings aaron, what was driving the stock price yesterday and today, and continues to be, going on into next week will be profit, the profit figures or the negative profit that amazon has been showing. they continue to focus so much in expand into products. i like research and development. when you really strangle profit to the point where quarter after quarter, you show negative profit number, isn't that a problem? >> yeah. i think that is indicative of today where vest, to getting impatient with the operating margins though. we think longer term, amazon reaches to mid to high single-digit operating margins. looks less likely you will see expansion over the next few quarters and investors are saying at some point you may see investors want amazon to focus on more on core businesses than auxiliary businesses and drive higher margins. david: is that profit issue, the key concern you have about

amazon's stock? >> today, that's a issue. i think some slowdown in the european markets last few quarters. you're seeing slower international growth. those are two main issues with amazon. cheryl: what about rj, international ex-and markets? there are things that be found in sub-saharan africa. north korea, that is crazy but everybody is looking to all parts of the world where there is not amazon or even internet yet. where do you see growth there? >> yeah. i think that is absolutely right. looking at emerging markets could be a key opportunity for this company, especially you're dealing in markets where the retail environment is much more fragmented than here in the u.s. a lot of times lower tier cities in the regions, only access these consumers will have to branded products is through e-commerce. the other thing you have got going on disposable income rates in a lot of these regions should be going up over time. i think that will be a nice tailwind for e-commerce players.

particularly those with consumer staple time products. think that will be a tailwind. i'm okay with international investments. one area i point out. china will be difficult. alibaba has powerful network effect that that region. from content perspective that is -- david: rj, let me, you can't be okay, you can't be copastetic with these profits figures. quarter after quarter, show negative profit on earnings per share. i'm wondering if what you think about aaron's idea of sort of consolidating its products, jettisoning those not making money. consolidating what does make a profit and showing a profit statement with a plus sign rather than a negative sign? >> sure sure i think consolidating some of that could help. i look what is going on in gross margins. gross margins up 200 basis points. if you look at what that potential can do. that shows prime members by amazon that is going well.

if you look at north american segment margins, right around 4% for the trailing 12-month quarter show u.s. business is running well. a lot of these invests are happening internationally of the we have to get it to play out. that said i would like to see little bit more focus on profitability. i think the company has to focus on that. i think market is giving a clear warning shot today as well, we need to see that in the results. cheryl: no matter what, people love their prime. you can't argue with that. david: i love the prime. you have to get rid of products not making money. people hate profit losses. there is nothing -- cheryl: that is true. david: nothing wrong with hating a loss. >> gentlemen, thank you. david: thanks, gentlemen. so far it has been a fairly december earnings season. more or less. are companies reinvesting money and are they actually hiring people? we're talking to three high level industry executives who got the inside scoop on hiring part of this whole economic equation in our series, "can you

hire me now." cheryl: facebook ceo mark zuckerberg ahead of very well-known billionaires. we'll tell you which ones. when we come back. ♪ [ male announcer ] the mercedes-benz summer event is here.

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cheryl: now update to story we told you about last hour on fox business about an investigation into a former ford employee

after list isenning device found in ford headquarters. ford issuing statement in past few moments to fox business and disputing some "detroit news" reporting on that story. ford saying to us, ford initiated investigation of a now former employee and requested assistance of fbi. ford's offices were not searched by the agency. ford voluntarily information and items requested in the search warrant. ford can not provide anymore details right now because the investigation is ongoing, david? david: fascinating story. we're staying on that. better believe it. while each job requires certain skill set, that overarching quality that people fill the position. to finish up can you hire me now series, a panel of executives from three very different industries to share what they look for in a candidate. we have the president and founder of financial services from shroff vick group. robert ludy, president and founder of manufacturing company, captive air, cindy

bigelow, owner of family owned big a loy that's which we all love. cindy, you hired some folks i understand. which positions were hired to fill? which seemed more in demand at the moment? >> for news the manufacturing arena, i think jobs we're focusing on manufacturing were tougher in areas of marketing. we hired a director of marketing assurance. that was believe it or not, that was year-and-a-half search. david: wow, year-and-a-half. >> yeah. david: there are positions you're willing to wait that long to find a right person. robert, you spelled out for us specifically which positions you're looking for applicants right now. sales engineering, 25. field service, technicians, 20. manufacturing, 15. i'm seeing a lot of positions that require advanced technical tripping here. >> yeah. most of our jobs require technical training. that seems to be the nature of

manufacturing today. if you looked at our business 20 years ago, it was much less technical. with electronics and more sophisticated equipment we need very best technicians we can find. david: john, i imagine the same for you, that programing, the ability to deal with high-tech that everybody is dealing with now in order to improve efficiency is very important. i'm wondering if you're looking for, if you would take on people who have that experience, who have that knowledge, i should say but maybe are right out of school and trying to recast themselves, retool themselves, with advanced programing training? >> actually, many times. it is the person right out of school who is best qualified in technical areas. especially, programing, such rapid change in programing, that a person who is in a job for eight to 10 years, may be a little bit behind the curve. so a new college graduate is

often a very good choice for a programing position. david: john, staying with you? that is very interesting. if i, for example, have been let go, from a job that i've been in 10 years, have spent a year really training intensively for programing, you wouldn't look down on fact i was laid off? you would look for fact i had very latest training in programming? >> actually that would be a big plus? that is because often times when a person is in a position a long time, they have a more narrow view. a broader view is very helpful, especially in this new, age where, mobile technologies and other applications are just coming online. david: cindy, if you can get your foot in the door, and get to the point where you have an interview, what, really stand out to you? what are you looking for when you interview somebody? >> well, firstly for myself, i do need to see some energy. i need to see that engagement, that, energy, that excitement, that passion no matter what your age is. and i also, really kind of

watching you to see if you really listen. i'm not, that, happy when i see someone just trying to get an answer out, versus listening to what i'm saying. really responding accordingly. so i need them to know a little bit about the business. i want them to have thoughts on tea business. i want them to be tea drinker, hopefully. energy, and i definitely want them to listen really well. david: you do have, you bone up on industry before you go in for the interview. >> no question. david: robert, resume's, you see hundreds of them i'm sure. all the time you see them. they pass through your desk. is there anything that stands out that make as resume' pop for you, that will make you pull it out of the pile? >> one thing is good job tenure. when we see people jumping jobs every year or two, we mostly don't consider those resume's. good tenure. david: that interesting. >> yeah, good background in terms of education and experience. david: so robert, sticking with you for a minute, rather than

looking for real versatility, i did this, i did that, if somebody stays at a job for 10 years or more, that will stick out to you more than anything else? >> it really does. we also look for recent college grads because they fit into our system re well because we're a very dynamic company, constantly changing. and, those young grads seem to acclimate to it very well. david: john, finally, just about the labor pool itself, is it getting tighter? is it getting harder to find somebody? or do you still have the pick of the litter? >> well, is kind of a two-fold situation. for every job that we have come open, we have at least 150 different applicants. but when we go through the interview process, we kind of weed through them pretty carefully. good people are hard to find. david: bottom line, it still is. cindy bigelow, thank you very much. john, robert, have a great weekend everybody. we appreciate your help. >> thank you, guys. david: cheryl, over to you.

cheryl: david, we all heard of millionaires club, the billionaires club. but there is another very exclusive club for uber-rich got a little larger. we'll tell you about the newest member what make this is club so exclusive. we're talking to fixed income guru stuart lipman, whose team was named best fixed income manager. he will give us how you can navigate sometimes confusing market like today. we'll be right back. ♪

david: facebook reporting blowout earnings for the second quarter, sending shares to all-time high. this moved helped the company reach a market cap of $197 billion. that is roughly combined values of american express and ups. you can debate whether it is overvalued or not. move no doubt good news for ceo mark zuckerberg, who now entered a very exclusive billionaires club. wouldn't that be nice? zuckerberg's net worth in billions of dollars is more than the number of years he actually lived. zuckerberg is 30. he is worth about 33 billion right now. hard to find someone to match that. it is a short list. a couple of people are above that. only other members who have more billions than years, carlos slim of mexico and bill gates. slim joined the club in 2011 when he was valued 74 billion.

that is when he was 71 years old. now at 74 he is worth $80 billion. as for bill gates he was 43 when he passed bill in years mark. now at 5 he is worth more than 79 billion. zuckerberg is celebrating 31st birthday next may, betses are on whether he will celebrating with more than $31 billion. i would take one. i don't care if i'm, my age doesn't match. cheryl: no kidding. many thought interest rates would go up with the fed taper about but they have not. how do fixed income investors hedge against potential losses? david: very good question. here to help us navigate the fixed income and credit markets is an expert named the best fixed income and credit emerging manager. stuart lipman, cit securitized asset fund founder and ci off. i should mention right off the

bat, one of very few people i know who did not think that rates would go up when the fed started to pull back on qe. i'm amazed because i, i met just about everybody who thought rates were going up. why did you not think rates were going to go up? >> even a broken clock is right two times daily. that's what they say, right? we thought that interest rates, first of all, we had a different view than the market on quantitative easing and tapering. david: which was? >> which was that we didn't think it was going to happen when the market thought it was going to happen of the so last summer we had all volatility with respect to rates which was the reed-in. -- lead-n we didn't think the economy was there as stated. employment numbers weren't close to where we were right here now where the federals targeted to be in order to start tapering. david: so you saw this first quarter, slowdown, weather? >> we don't anticipate before we

forecast for weather. >> we didn't see inflationary or gdp data in employment. quality of employment data isn't there. david: you were right on. cheryl: probably still isn't going to be there. jobs report coming out next week, you doesn't sound very bullish on that at all? >>. we don't have anybody really forecast for rising rates anytime soon. i think front end of the curve is most specifically anchored. libor, 2-year treasurys will steep yield curve. i think 10-year treasury rates are, linked to, mortgage rates. also going to remain low. range-bound. we're at 2:45 now. 2 1/2, 3%. david: what is fixed income person to do who wants yield but not necessarily from the stock market. in. >> there is that is the million dollar question.

i'm not a billionaire or 42 billionaire at 42. what i can tell you, not all fixed income is the same. so, what we do in mortgage credit is, rising rates, actually healthy for mortgage credit. what it represents improvement in the economy. improvement into the consumer. leverage the balance sheet. recovery story. so fixed income, long only buy strategies if rates were to go up, you neither sell or hedge out of interest rate risk. david: how do you do that? >> you can, do it through etfs, which can, you could sell etfs of the you could buy etfs instead of shore treasurys. sell swaps. or, you can basically go down the yield curve and shorten your duration. >> what is your outlook for the mortgage market? we thought fannie and fed freddie would be out of business

or a under a different name. that is not happening. >> yeah. cheryl: when interest rates start to pick up, that will change the mortgage market overall, whether it is regular fannie freddie mortgages or non-agency mortgages. what is your overall take? >> gse reform year ago is very much on the table. seems like it is not on the table any longer. crazy, they made a lot of money this year. so it is -- cheryl: keep them. >> so we like them now. the mortgage market i think is in a good place. fundamentally the economy is stable. housing last year was up quite a lot this year. not up as much. probably healthy not to have exorbitantly volatile housing markets in either direction. non-agency mortgage market, one where, non-prime borrowers could get access to capital is the key to entire economy. and they haven't had access to date. that is starting to change. i think that is the key to the economy. when that starts to happen, for, some material period of time,

three to six months, that is when you see -- david: very quickly. need real quick answer on this, whenever interest rates below inflation i get nervous. they have been below real inflation for a while. when will we have interest rates above inflation so fixed income people can sit back and have safe place for their income? >> when the consumer, the sub725 fico consumer has access to capital to consumer loans for a mortgage, then, then the economy will really take off. that is what the government needs. david: become more normal. >> that is what they need to understand. david: stuart lipman, cit securitized asset fund. good to see you. cheryl: forget taking your own selfies. they want to catch them using drones instead. we have the story "off the desk." david: you hear a drone just crashed? we'll tell you about that. racers are not just using lawn nowers to cut grass, they're using them for extreme sport.

those are lawnmowers. jeff flock, joins us with details. jeff, go ahead. >> durable good orders are out today. what is more durable than lawnmower. when we come back, lawnmower racing on fox business network. stay tuned. ♪ we never thought we'd be farming wind out here. it's not just building jobs here, it's helping our community. siemens location here has just received a major order of wind turbines. it puts a huge smile on my face. cause i'm like, 'this is what we do.' the fact that iowa is leading the way in wind energy, i'm so proud, like, it's just amazing.

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so i know how important that is. cheryl: lawnmowers are not just used to cut grass. competitors from across the country set to hit the track, turning mowers into extreme sport. david: if you saw the tease, i know you're still with us. jeff from lowdown, showdown. jeff? >> this is incredible. a circuit like nascar. a little less of a budget. go ahead, bruce. mr. mow it all with me. ba to give the signal. >> ready with stabil and filters. cut the flag. ready, set, mow! >> these guys, believe it or not, travel all around the country racing lawn mowers. what the heck possesses them? >> matter of too much free time in the great american adventure. >> this is lake county

fairground. you see them, whoa, we better get out of the damn way here. holy christmas. as you see, we have the fair queens out there. we've got the estimate guy. this is real piece of americana. this is why it exists. >> great family support. and returning here to lake county. it is awesome! >> one of the reasons we came out here in addition to the beautiful piece of americana, durable goods orders. lawn mowers, refrigerators and look at numbers. they actually did pretty well. these guys, these lawn mowers go how fast? not like ones i buy at ace? >> world record is 96.9 about bobby cleveland. these will go 42 1/2. >> one more lap coming? >> one more lap to mow. >> getting ready for the checkered flag. >> checkers coming out for our racers. >> here we go. >> this is family cup of lawn mower racing right here. david: perfect. perfect.

>> we just mow fast. >> that is the clarity jug, ladies and gentlemen. -- claret jug. from the lake county fairground. david: fantastic stuff. there is the checkered flag. jeff, i'm glad you moved out the way, otherwise you would have gotten mowed down. cheryl: oh. david: thanks, jeff. appreciate it. there is the checkered flag. cheryl: oh, man. i hate to move on. selfies are so last year. we'll tell you about newest trend in snapping pictures when we go off the desk. david: for those of us directionally challenged, what if your shoes could tell you where to go? we'll talk about science fiction. we'll show you how it actually works.

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which means more growth for your business, and more jobs. it's not just business as usual. see how new york can help your business grow, at startup.ny.gov >> let's go off the desk. these boots were made for walking but can tell you which way to go. indian technology company launches latest in wearable tech. it has insoles that connect to

the google map on your smartphone and vibrate to guide your path. david: wow. >> like other wearables smart shoes record distance and calories burnt. they are compatibles with iphones, android and windows. they will be available in september. david: that is cool. i love that. also "off the desk," selfies may become a thing of the past thank goodness. tourism new zealand introduced a way to cast memories. it is a droney flies around ski slopes of new zealand and shoots photos of waving tourists. they can be shared on social media through facebook, instagram and twitter. with hashtag ncdronie. don't be surprised to see those flying around your vacation hot spot. hope they don't drop out of sky. >> we asked you on twitter and facebook whether you think amazon will have to change its way to sell more stock? lisa on twitter says, growth stocks are one thing but time to show us the money. david: good friend of the show,

larry shover chimed in on twitter, hey, retail gross march begins expanded 226 basis points and profit growth accelerated to 31%. i'm glass half-full. >> thanks, larry. david: yeah, i have to figure that one out. >> the number two thing to watch next week will be the july jobs report, due to be released at 8:30 a.m. eastern time friday. economists expecting non-farm payrolls to rise by 235,000. unemployment rate is forecast to remain flat at 6.1%, usually jobs number. we think this week the number one thing to watch will be the advanced reading of the second quarter gdp after that awful first quarter. a lot of people are looking for the second quarter to come up at at least as badly as the first quarter went down. that would be 3%. we just heard a lot of analysts on this show say, if its anything less than 3%, the market could take a big hit. >> should say, one stock we'll

watch on monday will be amazon because the stock lost more than 10% today. a really rough day for that stock and for the markets. david: have a wonderful weekend, everybody. >> "willis report coming up next. gerri: hello, everybody i'm gerri willis. today on the show, the battle between the billionaire and the beach. we'll take on the big court fight right now over what public property really means and who has a right to it. also today's business leaders share the secret of their success. it is our new segment, called, meet the boss. your users guide to saving money. we'll give you the best tech deals in town. "the willis report" where consumers are our business starts right now. gerri: okay, beginning tonight with a big thumbs up for one of america's big box retailers. our viewers know consumers come here first at "willis report. time and time again we take on companies that do things