$900 million range. [closing bell ringing]. 4.6% higher. david: liz: markets did all right at least for this friday. the gains for the dow looks to be about 166 points. the nasdaq get as full percentage point higher, up 45. i'm checking russell, david. the russell is not in negative territory at least up nine full points. looks like a strong session with gdp kicking off the day, better than expected numbers. we see growth of 4.6% of the final print for the recent quarter. let's get to it. "after the bell" tart rights now. don't move david: let's talk about the day, let's talk about the week. we have mark madsen, madsen money ceo who is advising long-term investors not to pan in the current market environment. we saw what happened today. jared levy, thinks market decline could provide a lot of

good buying opportunities which happened today again. dan stesich in the cme. dan, when did you have an idea things would turn around today? >> i had an idea yesterday it was going to turn around today. the markets makes so much, the market makes so much of 1 1/2% decline. all of sudden chicken littles come out to roost and tell us how bad it is. reality, liz, you mentioned this at top of the show, gdp this morning is good. this is what i want to look at, i want to look at fundamentals. it doesn't mean we won't have a technical correction but i won't predict it because one day it went down. we have a big week economically next week. that is what i pay attention to. liz: let me get to mark madsen. mark, we just had christopher zook of caz management. he said i don't like anything in equities. i like metals because they're cheap. is he on planet x or gdp call is the fed still here, the economic

data looking better, let me go into stocks? >> abs absolutely don't go into metals. metals are very risky. they have a high standard deviation and historically low rate of return. what you want to be focused on is focus on equities. one of the questions investors should ask themselves, how to navigate the market, one way to navigate is focus on next 20 years, not next 20 minutes. focus on horizon, what is not in front of you. david: you how many more mini pullbacks and massive buying will we have before the year is out. >> the good news, 5% is the new 10%. you know i trade a lot of volatility. what i mean by that is, you know the markets are not going to be as volatile as we're used to. in other words words folks have big drawbacks. i think a 2, 3% correction is plenty here. i think that is probably all we'll see, david. going into q3, earnings expectations are very, very low. technically we're not looking so hot, but again, two, three,

maybe 4% the most. but those will be buying opportunities, david. i think we might only get one or two of them going into the end of the year unless there is some dramatic sort of news event. but right now equities are a buy on those dips. liz: dan, let me get back to you again. you saw all the action. i'm not talking about what happened at o'hare today. that was a disaster. look, we look at what's out there. we look at opportunities of the just seems obvious that you wouldn't be in big trouble if you went into equities right now but what about foreign equities are you seeing any movement there? any flows on the floor from the big clients you deal with? >> you know, i haven't seen much in the foreign. i might start looking at that but i want to see what is going on. lately european economies have been slowing a bit. we did that in the first quarter. maybe this is one-off but pay attention to that. if it looks like they dig out, maybe buy into it. i wouldn't do it right now. david: mark, what about the long-term investors.

long term long investors? are they getting nervous at all? >> investors always get nervous in the short run when market goes down three or four points. if you look at even just last five years, microcap stocks are up 295% versus large stocks, 195%. the premium for micro caps are there, in ballpark around 3 to 5% a year, long term. so you have to ignore that short-term volatility and you look at this as an opportunity to rebalance. every time the market crashes, if you're an investor you should be thinking opportunity, opportunity, opportunity. i buy now when everybody is panicked. long term that is wealth transfer to people smart enough to be long term. liz: don't you wish you could train people not to run when prices get cheaper? if you are correct, what would you buy if you saw the pullback? give us three names. >> well, i like papa john's and couple other companies. i want investors to focus on the market as a whole. if you buy micro caps you need

to buy companies in the smallest 2,000 in the market, and focus on those. don't fall in love with any one name because for every apple you can remember, there is 20 companies you can't remember because they went bankrupt. liz: jared, let's talk about your picks right now. just as mark likes papa jobs you like buffalo wild wings. it is interesting mover depending which super bowl or nba final is happening but why do you like this name? >> they have got the growth. granted their pe is a little bit rich. but this company is growing. they gave a muted 2014 outlook. i think that has set expectation low enough for buffalo wild wings really to shine here. again they're growing, they're executing. i like their debt equity picture. i like the company as a whole. i like their product. when you go into buffalo wild wings they're busy. peter thiel said invest what you know. that makes sense for football season. david: jared, fed x, i love the

company, it is very pricey now, is it not. >> it is pricey, david, but when you think about it, what was the biggest ipo ever that we've seen? alibaba. what do they do? they ship goods via internet. they're about e-commerce that. is the bulk of their business. amazon, ebay, other online retailers they have a very big showing according to experts this holiday season. i believe that will translate into fedex numbers. we've seen a big rally with fedex. i think they go way higher, 175, to 108 going into the holiday season. think they're still a buy, david. liz: dan, when i look at green on the screen, much of it in etfs where you get baskets of stocks, xly, industrials, xly, select spdr consumer discretionary, semiconductors look very good today. is there something that looks worrisome to you? can we at least go there if. >> i'm trying to find something that does look worrisome. i'm not concerned long run. as mark said earlier this is

long-term thing. we're investors, not day traders, at least most of us are. if there is anything out there hasn't made the rally, materials would be one of them, i look at that. i don't see any warning calls on the horizon right now. david: dan what happens if next week we get a jobs number that is not so great? >> well, the market will come off. we're going to have to analyze if it's a fundamental change. if you look one number doesn't mean much. if you look at the trend overtime, it is looking pretty good. unless it jars out of that i will not get too concerned. the trend is still on the right trajectory. liz: mark, you get a lot of clients picking up the phone when fumes are bad. are they calling when times are good? anymore from song, you don't the '70s f you're a money manager and market is up you don't get too much credit. if you keep your clients from panicking like in 2009 and market goes up 200%, you earned 200 years of fees. liz: amen. >> i look at market, if you need

to be afraid of anything, be afraid of long bonds, extremely risky. any interest rates will tank long bond portfolio. that is one of the reasons you're seeing bill gross falling out of favor. got lucky over last 20 years. david: nice tease. we'll be talking to former pimco executive about bill gross coming up in this hour. gentlemen, mark madsen, jared levy, thank you very much. dan, we'll see you in couple minutes when s&p futures close. liz: if you hadn't heard bond king bill gross appears to have been dethroned from his post at pimco but a crown goes over his head at janus. the firm citing fundamental differences for the departure. what was it like work for bill gross? what are difference and is he replaceable? we'll talk to a former top executive at pimco who has his very personal answer coming up. david: the mood seems to improve on wall street following the worst losses since july yesterday. who is in charge here, the bulls or the bears?

who better to ask than one of the biggest money managers on the street, russ koesterich, blackrock chief investment officer will join us next. liz: elon musk, spacex, rocket arriving at the international space station. well, the i guess you could say the dragon capsule on his rocket. boy, did it have a very special delivery. a 3d printer. why? it was tested in zero gravity but printer is there to make replacement parts. how unbelievable must the people who run that company be? we've got them. associate yo of the maker of this printer, the company is called, made in space. ♪ [ male announcer ] once, there was a man

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more good news -- it's friday! woo! [ male announcer ] ship a pak via fedex express saver® for as low as $7.50. [ male announcer ] ship a pak via fedex express saver® whenwork with equity experts who work with regional experts that's when expertise happens. mfs. because there is no expertise without collaboration. david: micron technologies pushing higher following its earnings report. the second best performer in the s&p. liz: nicole petallides on floor of new york stock exchange. looking at a big move here. >> what is interesting when you read through the report you come across a word a lot. that word is demand. it talks about computing and networking business. strong demand with revenues of 1.9 billion during the quarter. they're trying to meet the growing demand for personal storage. also trying to cater to the entertainment and media markets.

turns out that they have had a great quarter. that is you see the stock up 6.7%. not only do they have a great quarter, but also going forward. they say that revenues could be mostly attributed to improving market conditions. so they had current quart they're looks great. demand that they have seen, market conditions are improving. and the revenue guidance going forward. we talk about the guidance. and that looks good as well. so micron, mu, a real winner on wall street, up over two bucks. back to you. david: close to over 7% gain. thanks r thanks, nicole. >> what will markets bring us next week? s&p futures closing. we head back to dan stesich in the pits of the cme. dan? >> not much change from where we were when we went out. a lot of volatility, up moves, down moves. have we seen a fundamental change? no. next week we have a lot of fundamental data to look at. pay close attention that. that will drive the market. >> thank you very much. david: good weekend, dan. stocks bouncing back after

posting their biggest losses in two months. that was yesterday. today a very different story. gdp report showed the u.s. economy grew 4.6% rate in the second quarter that. was revised. but remember that comes after a sharp 2.1% decline in the first quarter. so what is it going to take for us to have steady growth? our next guest says there are several things holding us back. russ koesterich, blackrock chief investment strategist. thanks for joining us. first of all a general question about stock investment. it is true, i think, that fewer americans now hold stock than they used to, correct? >> it is true. you know, the ownership never fully rebounded from the sort of abandonment of the asset class after we saw bursting of the tech bubble. david: bottom line is, people are spooked right? they're spooked about 2,000. they're spooked about 2008 and 2009 and they think it will happen again. i think most americans ha pulled out of the market think we're in

a bubble now, right? >> i think people are worried about it. which is one reason i don't think we're peaking. stocks are clearly no longer cheap. we've had a huge bull market gone for five years. there are parts of the market that are stretched. i would highlight small caps. if you look where the market is today, at about 17 or 18 times trailing earnings, in a low inflation, low rate environment, you compare that to where stocks were in 2000, when the s&p traded over 30 times earnings, this is still a very different market. i think the notion that equities are in a able about, i do believe that is misplaced. david: adding on to that, russ, i should mention to our viewers is not a bear by any stretch. he believes that the market is a good place to put your money. but, there are some fundamental problems. one of those fundamental problems is except on wall street folks aren't getting raises. >> well that is true. sometimes you're not even getting them on wall street. you know, this has been one of the factors really held back the economy. the job market is recovering.

manufacturing is recovering. what is missing? why are we still in 2% growth economy. i think the missing increaseddent, wage growth. we're an economy 70% dominated by personal consumption if average household is not earning more it is hard for that household to spend more. that is one of the limiting factors for the past five years. >> what does it take to turn that around, russ? >> that's a tough question. i think it will a while. the reason is i don't think a problem with lack of wage growth is due to the recovery. it is more about longer term structural headwinds. here's a key fact. we've seen stagnant household wage baines since the 1990s. so issues hurting wage growth, technology, jobs going overseas, they repredated recession much as economy gets stronger they're likely to stay with us a period of time. david: talk for a moment about

europe and china. they're slowing down. china is still growing but growing at a slower pace. are they going to affect our market at all in. >> they can. this is a global economy. if there is another crisis in europe or china, that would affect the u.s. china is slowing but everybody knows it. what is instruct tiff, this week even with that slowing growth china was actually up a bit. i think investors already discounted that deceleration in the economy. david: let's talk about central banks because one thing we haven't talked a lot about the fact they're holding very expensive bond. that is how they issued all this money, all this liquidity is by buying up these bond. what are they going to do with those bond and what happens when they unwind their portfolios, not just the fed but all central banks? >> david, this is the big question. the truth is nobody knows because we've never been here before. look at the fed they have a balance sheet of $4.3 trillion. back in the summer of 2008 that was closer to 800 billion.

so a massive expansion of their balance sheet. it will remain bloated arguably for the rest of this decade. now in the nearter i'm not too worried about that because there are a lot of factors keeping inflation low. inflation is not a problem in the u.s. certainly not a problem in europe. down the road how they unwind that, big question, creates a lot of uncertainty what inflation might look like three or four years down the road. david: final quick question on valuations. robert schiller, i'm sure you have seen those graphs, shows graphs only time we've been this high is 2000, 1929. are you concerned by what robert schiller presents perhaps that valuations are perhaps too high? >> well, i think there are a couple of things. what would i take away from that first of all the u.s. is not cheap and there are better bargains overseas. second of all, longer term it does suggest that returns to the u.s. market are likely to be lower. what may mitigate that is what implicit in the graph is the

notions that margins will mean revert. the silver lining of a slow growth economy, wages are lower, interest rates are lower. that may help margins an may mean that companies are not quite as overvalued as the schiller pe suggests. david: russ, you're the best, thank you very much. have a wonderful weekend. russ koesterich blackrock chief investment strategist. thanks a million. liz? liz: today stunning news that bond king bill gross is leaving pimco and joining january us has many investors what happened inside the walls of pimco? what kind of boss was mr. gross and what led to his departure? we're talking to a former pimco senior executive who worked directly with him and has some strong opinions on that. a three deprinter boldly going where few humans have gone before, to the international space station. apollo 13 would have loved this thing. the ceo of the company that makes the printer, tells us what his gadget will be doing there. it went up on elon musk's

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liz: time for a quick speed read of some of the day's other headlines, five stories one minute. first up, percentage of women nominated to boards of big u.s. companies hits a new record. according to a report by institutional shareholder services, nearly 30% of new bored nominees at s&p 500 companies were women compared to 5% back in 2008. gamestop planning to hire 25,000 employees for the holidays.

that is up some 47% from a year ago. so business must be good. the world health organization expects an experimental ebola drug will be available early next year to country impacted by the outbreak. so far the outbreak killed 3,000 people. gasbuddy.com says 30 states could have are average price less than $3 a gallon by end. year. yea, right? currently the national average is $3.35 per gallon. wendy's is adding barbecue pulled pork to the menus in an effort to win more millenials as customers. new pulled pork sandwich, pulled park cheeseburger, pulled pork fries. anything else? apple pie. david: all of it. time for yahoo! to figure out what to do after raising $6 billion from the stake in alibaba. one prominent hedge fund has a few suggestions including buying aol, suggestions have been made before. this is from activist hedge fund

starboard value. it has a large stake in the company and a number of suggesting for -- suggestions for marisa mayer. liz: that is nice way to put it. potential tie-up for aol and yahoo! and what is the solution? a guy certainly with a opinion. he is the keg ceo and former yahoo! chief operating officer. dan, thanks for getting in the chair for us. tell you something, when you hear an activist investor taken a stake and wants changes, from the outside that looks interesting and stock pops. what is it like on the inside when something like that happens? is fear striking every eight or the at that valve when everybody inside the company is looking at that. >> depends who the activist is. certain activists are constructive, they give you more objective perspective on parts of the business so they can be very helpful.xactly what you would imagine they would be,

which is, it become as huge distraction. takes a lot of energy. and doesn't necessarily lead to a productive outcome for the rest of the shareholders. >> how does this one look, welcome or unwelcome? >> given yahoo! has no interest in buying aol or they likely would have done it already it probably is unwelcome and likely see this as somebody who is a large shareholder aol looking to get out of aol and finds this to be, you know a way to do it and get a stock rise in the aol stock. there are some things they suggest which are very smart and my best is yahoo! is working on some of those things. obviously you would want to look attacks efficiency. you want to look at your costs. but i think this, anytime they go public with something like this it is probably not welcome. david: you know, sometimes i think yahoo! is kind of a football, a business football for these activists. wasn't it dan loeb who suggested that marisa be put in there as head of the company?

>> yeah. dan hired her and, look, marisa has done a lot of things that others hadn't done yet, had she not invested in mobile her audience would have probably gone down. the issue is the core advertising business, the segment they're in, isn't growing and isn't growing nearly as much as some other segments you see with facebook or twitter. so yahoo! needs to revamp the kind of advertising it accepts and way the site works in order to work on mobile. david: when starboard says they are also interested in reducing losses particularly in the display businesses, that they're losing between 250 and 500 million a year they don't have to, would you agree with starboard on that? >> well i don't know, i don't know the specifics of that particular segment. i would say that when you look at advertising categories, the biggest category on the web is obviously search and performance. but brand advertising is a growing category. yahoo! is not growing in it yet. if you look at facebook or look

at twitter, they're growing, quite significantly and that is all brand advertising. so i'm not exactly sure you know, what they're looking for. i think a consolidation of two no-growth companies where they have overlapping audiences and overlapping advertisers will not lead to growth. but i do think that there are other areas where you should look to be more cost effective and invest in the new growth areas. liz: right. one of the top, the top tech analysts at b.j. c, colin gillis weighed in on the last hour show, said this would be pretty interesting matchup. i pushed him. you can't have two giants in the industry running the show or being the ceo. who loses their head on this one? is it tim armstrong or marisa mayer. >> that depend on if it happens and i'm not sure if it will. depend who with the acquire and other one. that happened with me. usually person that makes acquisition gets to run the

company. i'm not sure why people think it is necessarily such a great linkup. which is if they have overlapping audience and overlapping site, you can cut costs but you won't grow anything. remember a lot of aol's revenue and lot of their profits come from the dial-up business which eventually goes away. you have to look toward the future when internet company. every couple of a years a new segment areeses we don't expect to see. people thought this industry was over for a while, it never seems to end. you see growth of amazing companies like uber, airbnb that come out of nowhere. i think there is a lot of growth left in the industry. i'm not sure looking backward is the way to do it. david: dan, thank you very much. real informative. liz: thank you very much. good luck. >> thanks, guys. liz: anytime. 3d printing is not just taking off in popularity, it is literally taking off. a spacex dragon capsule taking a three deprinter into orbit so it can print replacement parts?

we're talking to the ceo of that company that make that printer off world printing, david. david: bond king bill gross's decision to leave pimco an join janus stunned just about everybody on wall street. what went on inside pimco's walls? how big after loss will this be for pimco? we'll talk to a former pimco senior exec. he has very strong opinions what it was like working in the world of bill gross. liz: executive to the aol -- ios 8 update has been linked to another flop at the company. details next. ♪ hi, are we still on for tomorrow?

tomorrow. quick look at the weather. nice day, beautiful tomorrow.

tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow.

liz: been a rocky few days for apple's ios 8 software release following issues with the original version. apple released an update to fix a number of bugs but had to pull the update after an hour. users claim they could no longer make phone calls or use the fingerprint censor. according to a report issues could be traced back to one particular apple employee no stranger to product issues. josh williams, midlevel manager overseeing ios software was in charge of quality control for apple maps. that had a botched rollout in 2012. apple does not comment on the report. fewer than 40,000 people got the ios download before it was yanked.

new ios 8 update went out. so far no reports of any problems. david: let's hope they got it fixed this time. bond guru shocked a lot of people on wall street, practically everybody, leaving pimco the firm he co-founded and heading to janus capital. shares of janus surging on the news, climbing 43%. liz: what goes on inside one of the biggest asset management firms and what kind of culture clash could have led to gross's depart schnur we have joining us one who called gross irreplaceable and brilliant wizard. david young, former pimco senior executive. thanks for joining us, david. >> thank you very much for having me. liz: when you heard bill gross was out, what was your first thought? >> honestly, it was, i had to double-check. i thought someone in the office might be playing a joke on me. it didn't seem like it could be real. so certainly a shock that was i was speechless and had to process a lot of information.

and once it settled in and i saw bill's written comments, started to make more sense. david: well, david, one of the suggestions is that he is such a strong personality that almost inevitable for him to have personality clashes with somebody around, particularly when things go bad. what is your experience working with him? is the kind of guy who will not accept any criticism or what? >> well, first of all, i was not not portfolio management group. i didn't work directly with bill on day-to-day basis but part of the executive leadership of pimco we interacted on range of things as you might imagine over long period of time. at end of the day bill is a tough guy. i always found him to be fair, demanding but no more than of himself. he never asked anyone to do anything more than he himself was willing to do. that was about pursuit of excellence. he prides loyalty. doesn't tolerate cronyism. you didn't want to get on his bad side, but if you did you could recover with hard work and excellence. bill has been about getting best

for clients and part of that is performance. tough respect that. liz: some on inside and outside, one thing he couldn't recover from 11 months of redemptions of clients saying we don't like where this is going. did he double down on wrong bets and suddenly out of favor in company he founded? is there some validity to that perception? >> you know, a lot of has been made i think of cultural issues, of, you know, reperiod of performance. let's be clear pimco and bill gross as with all large firms they have periods of underperformance and periods of outperformance. and i i don't believe a few quarters and redemptions albeit with big dollar signs in front of them. i don't believe that was a material contributor to any one but bill gross's own decision to leave. i think he looked around and asked himself, have i had my good run here. if i want to prove to the world i am the bond king and i was pimco, i was the magic, maybe i have to step outside of pimco.

maybe across the street from pimco to do it again. i think that is big part of his motivation. david: david, he really is or at least was the master of debt markets. i think you agree, nobody knew debt markets as well as he did. what do you think he got so wrong over the past year-and-a-half? i mean a lot of people, a lot of people got the interest rate thing wrong. people thought interest rates were going up. they never did. is that what he got wrong? can you put your finger on one thing that he got wrong? you. >> know, i would have to take it in the wake of the new normal, which was in my opinion, might correct me -- [inaudible]. i have to think there was a soft period in between when pimco hadn't decided what they thought the world was going to be and it was a very tumultuous period. we got buffetted by it as well. i can't put my finger on any one single bet. certainly a call on treasury rates was a material contributor. overall i think a lot is being made out of numbers weren't that bad and trade wasn't that long.

this is part of art and science ever managing money. it happens at a time, i think the response was such, it brought a lot of scrutiny on the firm. that is kind of a shame frankly. there are a lot of really, really top pros there. liz: they will forgive you when you're wrong but never when you're right. he certainly was right quite a lot. and then, things, as you say do turn. the vicissitude of this business, you can't expect to be 100% all the time. perhaps that come wild with, frankly described by some people who had been on the inside a little bit of a bizarre behavior writing notes to investors talking about his dead cat and things like that. perhaps allianz said, you know what? that plus bad performance equals good-bye? >> if you buy the version there was pressure here from allianz, i don't know this to be the facts. more information will come to play. bill always has been a little bit of an eccentric character. that is parts of his brilliance

and part of his charm. we as investors and employees, we relish that we liked that. we reveled in that. we had a personality now. we need to be a little bit fair on the other side of that. but my sense is that there was probably a combination of things. number one, he had pressure from allianz. my sense talking from friend there was maybe some rumblings from within the firm. frankly i take bill gross at his firm. he wanted to get back, that is why we left as a team, get back to the passion for art and science of managing money. step outside of all that other stuff. david: he gets to stay in newport beach where you are. i imagine that is quite a lure in of itself. david young, thanks for inside look. fascinating stuff. anfield managing ceo. liz: thank you. elon musk's spacex launch ad space capsule to the carrying of

all things to the international space station a 3d printer. we have the ceo of the company responsible for this printer technology. we'll ask him why it was out of this word. david: from robots, peter thiel says not to fear with advances in technology or a robot revolution. fox business's dierdre bolton will interview thiel next week in silicon valley. she will give us a preview in just a couple of moments.

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liz: this week billionaire elon musk's spacex delivered the first 3d printer to astronauts on the international space station. why? well the printer is part of a nasa sponsored trial that marks the very first attempt at, are you ready for this? off-world manufacturing. joining us now, one of the men who helped design this groundbreaking technology, aaron kemer, made in space ceo. this is a fox business exclusive. sunday i'm watching the news and i see the spacex rocket ship goes up with the dragon capsule and a 3d printer is with them. i said, get that guy. talk about what the printer will do and why it is needed in space? >> thanks, liz. that's a really good question. it is more than a 3d printer. it a real big milestone not just for space and nasa but humanity as a whole. we've been building tools down here on planet earth for thousands and thousands of

years. this the first time we build tools, parts and things off planetter, a real big step towards our future. liz: went through 30,000 hours of testing. i can only imagine how you had to figure out even how to test this in zero gravity. what were the challenges that are specific to printing things in space? >> yeah. that is a really good question. we started the company in 2010. it has been four years of designing reiterating and testings. some of the primary tests were in micro gravity. we took parabolic aircraft on a nasa sponsored contract on flight opportunities program an tested printing in zero "gravity," 20 seconds at a time. you have 20 seconds of zero gravity. we learned through there how to make printing work through micro gravity. liz: i would imagine everything has to be nailed down. you can't have parts inside of the printer, rivets, speaking out, i don't even know, floating

around, right? so you have to probably fix this and tweak it? >> yeah, that is one of the main issues with 3d printing. our original goal was to take off the shelf printers around get them in space as quick as possible. the real goal to build parts in space which is game changing. we quickly learned all these printers down here are built inherently with gravity in mind and three deprint something very, very -- 3 d print something very precise process. you can't have things floating. liz: we saw your employees testing this thing floating around in zero gravity. that is absolutely fascinating. my first thought about a, instead of sending them up to other rockets, apollo 13 would have loved to have this in 1970 when they ran into real problems panned oxygen tank exploded. this really changes the landscape, doesn't it? you're in a public/private partnership. you got some money from nasa.

you always think that is great because the private guys like you are innovators. government has the money. we don't want the russians beating us at this game. what do you foresee printing? is it made out plastic metal, how will this go? >> this is a are good question. you hit up a lot of key points there. one is, this is another example of showing how sell con valley startups can work well with the government,. nasa in particular. this is the innovation capital of america. liz: of course. >> for us the goal is to build more and more there. you get to the point where spacex and other companies only have to launch humans and transport people and then we could build as much there as possible. so starting with these polymer printers and lead to metal. liz: pill limber, i'm reading that to be plastics. you will print tools, parts that might break up there? >> exactly, exactly right.

so nasa did a study indicating that up to 30% of the stuff they need on iss could be built with these first initial plastic printers. and, common tools like wrenches and screwdrivers and things like that to experiments. vials, containers. even satellite structures are things that we're looking at. really 3 deprint something new technology. you can think of things in -- 3d printing is a new technology. >> thanks and looks like a lot of fun testing it aaron. made in space ceo. >> thank you, liz. liz: america's finest. that's what you guys are. thanks so much. david? david: cutting-edge. the robot revolution is coming. legendary silicon valley and entrepreneur peter thiel has some strong opinions about robots. "risk & reward anchor dierdre bolton who will be interviewing thiel on monday joins us next. as we head into the weekend some

of you might be looking forward to a drink or two after work. but you likely drink nowhere near the quantity consumed by nation's heaviest drinkers. we'll bring you numbers that will shock you coming next. >> hi, everyone, i'm ashley webster in for gerri willis. coming up at the top of the hour, unrest in the middle east. winter is coming. gas prices are falling. what is going on? will you pay less than $3 a gallon real soon? we'll find out. one of the big stories coming up on "the willis report" in just a few minutes. ♪ music plays ♪ music plays traveling can feel like one big mystery.

you're never quite sure what is coming your way. but when you've got an entire company who knows that the fewest cancellations and the most on-time flights are nothing if we can't get your things there, too. it's no wonder more people choose delta than any other airline.

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and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. liz: real worries about a possible downturn in silicon valley prompting some prominent venture capitalists to speak out, starting with marc andreessen took to twitter to warn startups in very powerful couple of tweets. "risk & reward dierdre bolton joins us. he is worried about burn rate of some of these companies going through a lot of cash. >> it is pretty spicy some of this language. i will quote one. when the market turns, and it will turn, we'll find out who is swimming without trunks on. many a high burn rate companies will vaporize. so i mean that is making the point pretty clearly. what is more worrying, not just marc andreessen. it is also fred wilson of union

square ventures. and bill gurley of benchmark. getting people who quite frankly have been around a little bit longer than some of the silicon valley stars that we think about who have experience. more importantly went through the 1999, 2000 crash and they're saying this doesn't feel right. liz: there is an app for that, if i hear that one more time. there definitely is a bubble in app world. you're heading out to silicon valley. >> i am. liz: to talk with the smart of the smart, peter thiel. >> we're excited to have this conversation. i will certainly ask him about andreessen's comments and idea there is a bubble. pulling up one more tweet here, basically saying nobody wants to buy your cash incinerating startup. he tweeted out one more, said, worry. peter thiel, you know this you had elon musk on this week. they were together on paypal. the idea peter will have an opinion on the bubble. and an opinion where things go from here. we're certainly going to talk about payments. we'll talk about bubble.

he also published something today in the "ft" saying that robots are saviors, not the enemy. and talking about how essentially when he founded paypal, they tried to do everything just by computer, just by algorithm and found that really wasn't good enough. you still needed humans in the mix and not really different today. david: great stuff. great get, deirdre. >> thank you. liz: everybody watch it, monday, "risk & reward, one p.m. eastern. deirdre rocks it. david: do you enjoy a glass of wine or bottle of beer? how much do you drink? you may be shocked to hear how much is consumed by the country's heaviest drinkers. we have numbers next. liz: how far are you willing to go to land your dream job? well, that student that you see on the screen goes to great heights to convince one startup, she is the best candidate. we've got the footage and know, no, has nothing to do with cycling. you don't want to miss it. you know what my business philosophy is, reynolds?

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. >> let's go off the desk. that college student would do anything to get the trip of her dreams. she jumps out of a plane! ana filmed herself leaping from a plane. sent it to the start-up she desperately wanted to work for. she's willing to take the plunge for the job, literally. we haven't heard whether her application was successful. >> she might need a drink after this. you need a glass of wine every night. that puts you in 30% of adults. in order to break into the top 10% of american drinkers, you have to drink more than two bottles of wine with every dinner. the top 10% of american drinkers, 24 million adults consume an average of 74 alcoholic drinks a week. that's 18 bottles of wine.

you can beat that, right? >> manischewitz all the way. we wish you a lovely weekend. >> "the willis report" is next with ashley webster. take care. . ashley: and hello, everyone. i'm ashley webster in tonight for gerri willis. coming up on the show, a mixed bag for consumers as the cost of everything seems to be going up except petrol, gas. it's being called apple's worst product launch ever. we'll have the latest on the glitches and fixes. and did disney rip off a woman's life story for the movie "frozen"? one plaintiff says yes, and our legal panel weighs in. "the willis report," where consumers are our business, starts right now. and we begin tonight with the middle class squeeze. americans are getting left behind in this recovery. and despite the upbeat jobs and gdp reports from the federal