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tv   After the Bell  FOX Business  January 12, 2015 4:00pm-5:01pm EST

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move to the downside. [closing bell ringing] >> righter, we're seeing banking index and goldman sachs and. liz: we could knot rally enough to get above the flat line. looks like we'll not see a triple-digit loss for the dow. we're down 93 points. that won't make it three days in a remarks adam. an interesting move here but -- adam: but as you point out, oil companies and energy companies pulling us down. liz: s&p, nasdaq, russell, red on the screen. off their lows. let's get it started. "after the bell" begins right now. liz: break down today's action. jamie cox from harris financial will tell us why he thinks u.s. equities are overpriced, where you should put your money and he made a warning earlier today that proved correct.
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matt glen from royal oak financial group. with two picks to add to your portfolio he says will be winners. alan knuckman in the pits of the cme. we want to start with you, alan. looking at behavior and herky-jerky movements from the markets what is the action you glean from today's price action? >> my message i've gotten older. i have to look things like weekly basis. remember last monday and tuesday looked like markets were getting smashed. it was only down half a percent by end of the week. let's see where we are. we're seeing volume at this time. gave up some gains. earnings are coming out. financials will set the tone. i think they have a very, very low bar to overcome as far as their hurdle. adam: matt, i know you have bigger things on your mind regarding football later this evening but let's talk right now about this market. why do you think u.s. stocks a good place to be with the world perhaps a bargain to buy right now. >> if anyone has momentum today it is certainly right here in
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the u.s. of a. with the recent decline in oil, that has given a huge amount of cash to the general public in the united states to use. we think we will do well but unfortunately we have very sick neighbors. that will keep us from hitting full stride. recentdown faull of oil has given some opportunities, on retail side, giving retail folks money in your pocket but if you're an investor there are great companies as it relates to oil. as far as u.s. based stocks we want to focus on companies in the u.s., that get a large part of their earnings from the united states. that would be rite aid and cvs as our two favorites. both of them implemented these minute clinics, we think once that takes with consumers it will be huge. adam: we'll come to those in just a second. we'll talk about those. liz: as we look at rite aid and cvs and the prediction matt
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makes about u.s. markets, jamie, you made a prediction this morning. the u.s. better get ready for volatility in u.s. stocks. boy, did we get that today, up, down, all around. what did you see that told you this would be the kick off to the week, if not the month and the quarter? >> i think it will be the theme of the year. we have a lot of uncertainty facing us, liz, in terms of what the fed policy will be, whether we have inflation and concerns in europe and around the world. there is a lot of big uncertain events we have to look forward too and last year we had unprecedented low volatility. there will be a little reversion to the mean and see volatility pick back up. you've seen it in droves the past six months. i expect that to be the case. when we lead up to june, when people think the first rate hike from the federal reserve will be we'll see volatility pick up f you're investing right now you have opportunity to buy on the dips as volatility presents itself. get dry powder, get ready to
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buy. you will get a couple big opportunities in the next coming months. liz: that dovetails to what you like, compete opposite matt does. matt likes u.s. names. liking foreign names for you. novo-nordisk? these are names highly dependent on global economies and health of them. we know europe is little touch-and-go. this is lottery list of european names. why these names right now. >> i think a lot of brand name companies have a lot of opportunity in front of them. nestle particularly because of oil prices declining. liz: let me interrupt you. we do have alcoa numbers. we're waiting for them. we'll get back to you in a moment. cheryl casone with alcoa. >> we do. stock is moving higher 2% in after-hours trading. no longer a dow component as you mentioned but the aluminum producer beating on both sides. estimate at 29 cents. came in 33 cents per share.
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6.4 billion was revenue estimate but both on both sides. aluminum production is higher versus last year. they're doubling jet engine coating technology capacity at michigan facility. means expanding in the u.s. and michigan economy and jobs. inventories were actually lower. that you can say a positive. building and construction market sim proving from 2014 and they do believe that sales growth, this is important, global sales growth in 2015, a gain of 5 to 7%. if you look at shares of alcoa right now. unofficial kickoff to earnings season no longer in the dow. the stock is moving higher. one to watch for the global economy. adam: jamie, matt, hold on one second. i want to ask alan what he thinks of the alcoa numbers and what matt heard and our neighbors are getting cold and we might catch it. this might indicate otherwise. >> i think contagion will spill
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the other way. i think our recovery will help other economies as well. they have seen some of the worst i might think from a risk/reward standpoint. if we look at alcoa, options pricing five 1/2 move. we came in with a little less movement. the trend is solid, up last 52 weeks. blazing away. technically trading between 16 and 17 between last june. target at 19 is 20% higher. i look at that as continued growth story. it is pretty interesting once it got kicked out it performs performs. adam: matt does that undercut what you said? >> not at all. this supports my case we're doing well in the u.s. i think we continue to do well. there will be a black cowed out there and we'll keep hearing what is going on over there as opposed to what is happening that's good here. so i think we're going to do well. alcoa shows that that their
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earnings are good. they're seeing manufacturing go up. so we expect that to do well and we're really hopeful that the fed does do a quarter point rate hike in july because we think at that will further the growth in the u.s. and we want to see how the markets react to that. so, they can decide on how they want to keep raising that down the road. but we need to have the rate hike to coincide with the momentum we have to get back to being healthy economy. liz: jamie, will europe provide the momentum that matt just talked about, at least by june of this year? >> i think for europe it is all about bank lending. in the european economies it is less about ecb policy and more about the ability of banks to directly lend to those economies. last year there were some stress tests of the those are behind the european banks. i think you will see recapitalization like you saw last week with santander. and you will see the bank lending pick up and when you do you will see economic conditions in europe will go up.
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that would be good for everybody. good for u.s. companies, global companies, good for everybody. that's why i'm bullish europe. the worst is behind then. as we move through the year we'll realize that last year was an aberration and not indication of massive deflationary fears like people are conflating with the reality of the situation right now. liz: good to see all of you. jamie cox, matt gen and alan knuchman. adam: the u.s. military is the latest victim of a cyber account after its social media accounts were act hacked earlier today what appeared to be isis sympathize years after president obama announced new measures that the government will take to keep u.s. consumer data safe. joining me now, joining us now with more on the hack is peter barnes in desee. peter? >> liz, adam, hackers claiming to be from isis and hacked twitter account and youtube channel of central command. twitter took down the account and youtube took down the channel about 40 minutes after
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the attack began. on twitter the hackers posted threats and personal information about officers including names, addresses and phone numbers and said, quote, we won't stop. we know everything about you, your wives, your children. on youtube they posted jihadist videos. centcom said that its initial assessment was that the hackers did not post any classified information. the attack started 15 minutes after the president began speaking about new administration cybersecurity initiatives mainly for consumers. he wants congress to approve legislation to require companies to notify customers of database breaches within 30 days. he also propose ad bill to prevent schools and companies from selling student data to third parties in particular for targeting them for advertising. he also reproposing his 2012 consumer privacy bill of rights with revisions congress failed to act on that legislation back in 2012. the president says the new
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digital world helps commerce but -- >> with these benefits come risks. major companies get hacked. america's personal information, including financial information gets stolen of the problem is growing and costs us billions of dollars. >> after his speech white house press secretary josh earnest told reporters that the white house taking the centcom hack very seriously and of course is looking into it. but guys, back to you. adam: peter barnes, washington, d.c. >> thank you. liz: thank you very much. we heard from alcoa and the numbers beat earnings estimates. we would love to hear from you. is there a stock you're hot on ahead of earnings season? which one and why? we would love to hear from you. send us a message on facebook or tweet us @fbnatb. we'll read some of your answers coming up. oil may be hitting six-year lows but one strategist says this is the perfect time to pick
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up some oil names. adam: it is a big week for bank earnings and analysts expect to underperform on earnings and revenue. should you stay away? our pap nell will debate. liz: mercedes-benz taking a bold step forward that combines, not one, not two, but three kinds of cars all into one. it's a hatchback a coupe and suv. we'll show it to you live from the north american auto show. that's next. ♪ she's still the one for you. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, get medical help right away for an erection lasting more than four hours.
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see car insurance in a whole new light. liberty mutual insurance. >> we've been asking you on social media if there is a stock you're particularly hot on ahead of earnings season. brian has reported in he likes macy's. announcements seem to set up earnings expectation for a dose of unexpected reality going around for middle tier retailers. keep the comments coming. we'll read more as they come up. adam: major banks warn lower prices are needed to reduce global supplies. liz: but is the steep drop a sign that oil is now oversold? is now the time for investors to bet on beaten-down oil plays? we have brian hicks, u.s. global investors portfolio manager. brian, i will say we've been asking this question for a couple months now.
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all that happens, oil continues to go lower and lower. had you yes, now is the time to buy two months ago, you would be down. how much longer do we wait or is now that point where we're tipping the oversold side? >> well, liz, i certainly feel that pain. it has been a long, protracted correction for oil prices. at one point they were 110, $115 a barrel and have come down to the mid 40s. certainly the selloff is getting long in the tooth and we're actually becoming more and more constructive as this selloff continues. just what the general belief that these prices are not sustainable in the long run. the prices are not high enough to replace production going down a few years from now. so we think that the stocks look very attractive here and if you look at their performance relative to crude oil, they're actually have been outperforming
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since mid december. adam: brian, regardless of the u.s. consumer benefiting from lower oil prices and cheap gas which country benefits most from this? is it saudi arabia because it undermines our oil drilling industry in the u.s. or is it china or someone else? >> that actually is a good point. actually this really does not help saudi arabia. they need a much higher oil price to pay for their social welfare programs, as much as $90 a barrel. so they're certainly feeling the pain just like we are. countries are net importers, japan, may get a boost from this pullback in crude oil prices. and certainly we're feeling the pain here in the states. liz: brian, guide our investor audience. if they want to start scooping up a few names here, do you go with integrated oils? do you go with drillers? do you go with refiners? which area stands to offer the most money for a portfolio? >> well, we think there are a
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lot of opportunities in different areas starting with the majors. these are companies that have very low-cost structuretures. they're able to pull back on their cap-ex. they're able to still generate free cash and pay the healthy dividend yields. stocks like british petroleum which is paying about 6%. it is interesting actually, total was flat today in a down tape for energy. it is paying about 4, 5% dividend yield. and eni was actually up today and it is paying close to 8%. there are certainly some very interesting opportunities. i think here domestically, looking at e&p stocks, you want to own the strong hands, the companies that will be able to deliver shareholder value throughout the cycle and i think, you know, eog resources and devon energy look very attractive here. it is interesting, those two companies actually were at the
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forefront of this shale renaissance going back to 2002. adam: you are trying to figure out when the market goes down and prices go up, pay attention to british petroleum. why is that? >> well, i like the dividend yield here and i think that the european energy stocks have really sold off more so than chevron and exxon. i think there is opportunity to pick them up on the cheap. judging by price action today, they certainly fared better than some of the other energy stocks here domestically. liz: it is great to see you, brian, thank you so much. brian saying now is the time to pick up at least some of these names. we'll pick all the stocks on facebook.com/afterthebell. thanks so much. goldman sachs predicting that the euro will slide to parity against the u.s. dollar, yes, you heard me correctly. a dollar for a euro by the end. year. who will come out on top? who will get hurt?
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we start our panel with gary b. smith, fox news contributor, steven lieb, and our own adam shapiro. let's begin with this euro issue and steven, i throw it to you first. they say parity with the euro, we haven't seen that in years and years and years. what does it mean and do you believe that will happen? >> i think if you look at the situation now, liz, and look what is going on in europe and differences between countries like germany which is doing very well and greece which is making our great depression look like a utopia, it is very hard to see the euro doing anything but going down further. and i wouldn't be at all surprised and i know, i don't want to sound too aggressive or too crazy but i wouldn't be at all surprised if there is no euro by the end of 2016. liz: no euro by the end of 2016. >> yes, absolutely. i don't see how you can keep greece and germany, just to take two extremes, in that -- liz: gary b., if you cut off
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somebody's pinky the rest of the body still lives. is the euro going away. >> no. basically if you cut off greece, okay, that is obviously catastrophic for greece but it is also not the best thing in the world for germany. liz: gary b., jump in. >> i, steven makes a very interesting point. and it really boils down to, do these countries want to get along? dot strong, i think is what he is trying to say, want to drag along the weak? at some point he is right. germany might decide you know what, forget it, we'll just use the deutch mark. let greece go on their own. until we get to that point though, and, you know the topic you raised i do think dollar will strengthen versus the euro for one simple reason. the dollar is historically a bet on who has the best economy. liz: okay. >> for the past few years we have had the best economy. we still will have the best economy. you can just tell, look what the
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fed is doing. >> gary, can i inject some reality into this discussion. we are having a discussion about the euro falling which everyone knows will happen. mario draghi has to make a decision next couple weeks. based on a report from goldman sachs, with i might point out in august that oil would be trading at $83, boy did they miss it. don't you think they might miss this? yes the euro will go down but they will miss it. it will not go down, 90 cents to dollar? liz: for those of us old enough to remember when the euro was launched in the '90s, gary b. and steven, it was 92 cents. not a big surprise. not like we're not entering territory we have never been before. >> this is absolutely true. but territory we've never been in before, liz, the differentials among these economies within the eurozone. it doesn't make any sense. and this is bad for germany. everybody says, greece drops out, terrible for them, it is terrible for germany it means the euro would go up. liz: that was precisely the
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question i asked dieter zetsche at mercedes last week, is the weak euro helping you or hutting you, no, no, he said it is helping because americans are buying mercedes. that gets us to auto sales. kelley blue book forecasting new car sales to reach 17 million. is this pace really sustainable? our car guy is adam shapiro. what do you think? >> absolutely. we're seeing the pace of people missing new car loan payments, that started to edge up last year. i think we will do this because, one, the u.s. consumer, there is pent-up demand. average age of cars on the road is 11 years but three. carmakers will make same mistake. they will offer incentives too rip to support. liz: gary b., don't take incentives if you're the car company because it will hurt sales. >> i disagree with, adam. i think we're nearing the end of the replacement cycle. we bought our replacement cars about a year ago. and i am always indicative of the average consumer.
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whatever the reason. that is number one. number two, the bigger point we all know wages, the average person out there buying a car, wages have gone flat-lined. they have not budged. people are running out of money, you throw that in with my, i must admit, pessimistic view of the market. i think this is sour year for auto industry. liz: some say 17 million. we'll see if they sell. 17 million cars in 2015. gentlemen, stand by. coming up we're talking about this, despite a 13% rise last year, analysts expect the big banks to have a lackluster earnings season. we know a lot of you own those names. is it time to sell? we'll debate that. adam: plus how's this for ambitious. one company set a goal of launching 52 business last year right here on this program. how are they doing? liz: we'll check. streaming sold stole the spotlight at golden globes with netflix and amazon walking away with huge awards.
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how can the networks fight back? are they too far behind right now?
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adam: one person not running for president, paul ryan. he announced that he will not run in 2016, saying he decided not to run because our work at the house ways and means committee over the next few years will be crucial to moving america forward and my job as chairman deserves undivided attention. why do congressman refer to themselves in the third person? our word, pie ryan, he is not running. liz: back to our panel. we're tackling financials. you have them in your portfolio somewhere or 401(k)s or basic mutual funds. financials this time around are expected to underperform the s&p on earnings and revenue for the fourth quarter. should you stay away, get rid of what you have? gary b. smith, steven lieb, adam shapiro. gary b., are you holding on to your financials? >> i am not. i do not like financials. look at the chart of like
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jpmorgan or citigroup. they have done nothing liz, for six months. normally financial stocks signal if the economy is going to be strong or weak. people go, they think their business will go expand, they go to the bank. they borrow money. that is how a lot of financial institutions obviously make their money. think they're signaling down. i think economy is going down. get rid of financials. they will be the first to go. liz: gary b., doesn't like chocolate or lego bricks. >> or apple pie. liz: for that matter. do you like financials right now? just as people are predicting, i heard three times today, financials will do terribly, maybe that is time we see upside surprise? >> i think a lot of bad news is in financials. i have to agree with gary on one issue, generally speaking financials are not the place to be. since 2005, financials have consistently underperformed the markets. so what we've seen over the past six deal. but if you have the right
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financial stocks, they're among the favorites of warren buffett, wells fargo is his largest holding you can understand why. it is the largest franchise in the world. it's franchise is called housing. >> less of, it's a financial, wells starring go has the business that distract as guy like buffett, there is why i like this name. financials, shouldn't be a part of everybody's portfolio. >> liz, yes and know. i think what should be part of everyone's portfolio are stocks that are undervalued. liz: okay. >> not so dependent what is going on in the economy. >> i'm with gary b., like "green eggs and ham." i do not like financials on a plane. but the run in financials, they have been slowing down for a while. think gary b. is right on this one. >> you have visa, mastercard, wells fargo, mtb bank, there have been a number of extremely successful financials.
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let's face it, it is extremely competitive. liz: if you listen to charlie gasparino's report today, goldman sachs and jpmorgan, battling it out on which banks should be broken up. speaking of jpmorgan, do not miss this. this is a fox business exclusive. maria bartiromo has a sit-down one-on-one exclusive interview with jpmorgan's chairman and ceo jamie dimon. this is a week ahead of davos, a week ahead of anything else. she has him tomorrow. do not miss it. 9:00 a.m. eastern on the "opening bell." now let's get to the golden globes. aside from all the hot dresses and action outside the red carpet, this on your screen is what people are talking about. amazon's show, "transparent" won a whole bunch of golden globes. netflix shows one as well. this reflects a shift in consumer habits and golden globes were on it. can networks keep up, adam, our "tv guide"? adam: the networks can keep up
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and they're larger as a whole than amazon and can create content and with distribution mechanism. netflix is another story. thrill will be cord cutting. but at end of the day network television will find a way to recreate itself and make a lot of money. liz: this is a great news for writers, now they have more than abc, nbc, cbs and fox. amazon did well with fringegy type of shows. >> i love them both. tell people, look what you're doing in your everyday life think about where you might want to invest. me, for example, i'm a big tv watcher. i love tv. nancy and i dvr everything and watch. i have not turned on the tv at night in the last week or so because i have been absorbed with watching "house of cards" on netflix on my ipad. can the networks keep up? yes, if they embrace this new kind of a la carte age if you will. liz: amazing that hbo is now sort of, old school, right?
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couldn't believe "veep" didn't win. they said that is yesterday. we'll see. gary b. smith, steve len lieb and our own adam shapiro. good stuff there, right? talk about setting a lofty goal, listen to this one. nine months ago, do you remember this? we bought two men with a company behind 52 business. the startup aimed to create 52 twist just one year. how are they doing? they are back on fox business to tell us if they're on track to meet their goal. that is coming up. adam: we're live with the north american international auto show in detroit where jeff flock is getting a sneak peek at the brand new designs. jeff? >> mercedes, you can't do an auto show without mercedes. pretty soon when we come back we'll have the boss of mercedes right here on the fox business network. stay tuned. so ally bank really has no hidden fees on savings accounts? that's right.
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mercedes unveils glc coupe a cross between a sedan and suv. jeff flock is in the north american auto show in detroit. >> there it is again, liz. did you, i think you signed your name in the back of that. liz: well, yeah, i checked my makeup in the rear view mirror. i did do that. i had to swivel the chair because it is semiautonomous. >> let's talk about reality though. this is reality and the big star of this show. this is something called the gle coupe. >> the gle coupe. >> why should we care about this vehicle? everybody is all excited about the autonomous vehicle but this is one we can actually buy now. >> so the autonomous vehicle that is our vision 15, 20 years from now. autonomous is coming. how will that impact the driver of the future? this is today. this is a brand on the roll bringing brand new products. >> you call this an suv it could
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be a coupe, an suv, could be hatchback, what the hell is it? >> strong demand, one of the most dynamic segments is the sports utility market. there is small segment of customers want sport, they want style, they want performance and that tries to give them this in spades. they will still have the utility. they will still have off-road capability if that is what they want this is about style and performance. >> i was going to say, that is the theme of the show, nice, performance and style. if you look at the unveil you did today, kind of shows some of that. got to talk about sales though, not a great end to the year. you battled with bmw on there. you guys both were up but them up a little bit more? >> we had all-time sales record. great for bmw. we had a fantastic year. we launched some big products. we launched the c-class this year. we're in the middle after great product offense system we love what we did. we think we're set up for bigger year in 2016. the market is robust. we have more new products
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coming. >> one last thing i want to do with you and walk with me over here because i want to find it. as we talk about oil prices before we get away, the impact of low gas prices what does that do to mercedes and luxury specifically? does luxury even care? >> it's a short-term phenomenon. it certainly boosts confidence as people go to the gas station and they spend less. it fuels the growth of trucks and sport utilities but ultimately it is adding confidence to the marketplace which for luxury buyers the more confidence you got the more people step up to write a check for a luxury car. >> talk about confidence, $167,000 list t could go as high as, you said, we got to get high. how high is up? this could be a million dollar car with options. >> this is the ultrapremium segment. this is for a customer that wants the most in technology and safety that mercedes-benz can offer in a style package, in a handcrafted interior, that is the quietest in the entire
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industry. so this is for people, for very small number of people. this is not a volume car. they're immune to gas prices. >> they're not looking at gas prices. liz, that's yours. >> looks like they stapled a chanel purse to the dashboard with the quilting of the leather. that is fabulous. >> staple ad chanel purse to the dashboard liz says. was that your vision. >> that is not one of the available accessories but at end, the interior is entirely handcrafted and hand-built. >> whatever you want he said. basically whatever you want in there, chanel, whatever. >> white leather. liz: jeff flock mr. cannon from mercedes. switching gears. adam: we're asking on social media if there is a stock you're hot on this earnings season. transportation specifically. trucks companies like landstar will use cheaper fuel to increase profits. keep your answers coming. we'll have more. liz: that was so expensive.
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adam: one company set a golan muching 52 businesses in one year right here on this show. that is one business per week. liz: are they on track to reach that goal? we're checking in with two entrepreneurs next. adam: after millions rally for unity in france, following the deadly terror attacks, more threats put countries worldwide on high alert. we'll be live in paris coming up. how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. it's working for new york state. already 55 companies are investing over $98 million dollars, and creating over 2100 jobs.
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♪ adam: 52 businesses set out to launch 52 startups in a year. that is one startup per week. we had the company on back in april when it launched just three business ideas. liz: now they're on week 44 and we're going to check in to see if they have met their goal so far. joining us now, colin and jason of 52 businesses. yes they have watch, washing their clothes since. great to see both of you guys. how are you doing? give us an update. give us a snapshot how far you've gotten. have you truly, let's start with this, launched one business per week? >> absolutely. it has been a crazy, 40, i guess one weeks since we talked to you. we've seen a lot. >> certainly. liz: colin, you say certainly, but how have you done that? >> every week you just start and push through until the end of
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the week. >> try to get a little rest, a little fun during the weekends. >> very little rest, very little rest. adam: we're showing the startup success rate, 85%. was this higher than you anticipated? how does that rate? i mean there is no real way to measure it against anyone else out there? what does success mean? how are you defining success? >> jason put it pretty well, businesses we have faith in and still excited to zoo see them from grow. certainly help attracted a lot, we're more often helping other people launch business ideas. adam: the woman who is a chef. tell us about that. >> shelley's great. met her through a friend. she had a ton of experience as, like, a chef but she hadn't launch ad business in new orleans. she moved here and really wanted to be here. she didn't like the jobs available to her. so she wanted to start a business to be able to live here. liz: let's clarify a little bit here, colin. you're not starting each one from scratch.
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you're asking for submissions. you have some 500 ideas. then -- >> even more. liz: more than that? >> yeah. liz: how many? >> we actually haven't even looked at it recently but it has been an incredible number. if you even count the one from taxicab drivers and bartenders and friends alone. liz: you guys are killing "shark tank." who needs that. this is amazing. what has been your favorite, jason, your favorite and most successful business so far? >> that is kind of like asking, we get that question a lot. liz: right. >> like asking our favorite child because we do spend all week with each one of them. it has been incredible to see some successes and obviously we were here during the week of, what you give will grow with thomas moore stead the punter for the saints. we have the helmet behind us. they have done a job helping younger children with cancer initiatives. it has been great. adam: colin, i realize you went
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to yale but what is the recipe for success? 85% that are succeeding, what is it they're doing along with your help, that the guy or woman out there on their own needs so do? >> sure. yeah, i would have trouble answering that 44 weeks ago. now i feel i have a much better idea. the two biggest things are project management. you need to put down everything that you need to do into a system. get it out of your head and organize it and systemize it. and then build, again, systems to remind you what to do, what you're supposed to be getting done so it is not all in your head. i say the second is branding and messaging. make sure you have a clear, concise, compelling way you tell your business's story so other people, want you to succeed. so they buy into your story as much as they buy your product. liz: jason, there are people watching right now who their entire lives they have thought, i have a great idea for a business and done nothing with it. maybe they lacked guts, courage, startup money.
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you have done 44 in 44 weeks. what would you say to them, giving them a little bit of courage? just to for it? it won't be perfect but at least try? >> exactly. that is what we try to preach. you don't necessarily have to quit your job or spend your children's college fund. it is just taking that first step and testing it. making sure it is a viable option. that you have that test market available, but just take the leap and try to get your help from your family, from your friends. from whatever professional network you have, and go for it. just try it. >> a lot of support out there now. adam: jason and colin, congratulations. we know you're helping a lot people out there. thanks for joining us. >> it is an honor. liz: you get to come back when you hit 52. they look tired. they look really tired but they're going for it. thanks, guys. after four million people took to the streets yesterday in paris, to pay tribute to the victims of last week's islamist terror attacks, the government
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is now warning of more threats. we're live for you in paris. adam: also following another day of big price swings, driven by a 5% plunge in oil prices, what could be ahead tomorrow? we're back with the number one thing to watch next. >> hi, everybody, i'm gerri willis. coming up on my show at the top of the hour, wall street appeals to the federal reserve, keep interest rates low for as long as possible but are those low rates, while great for wall street hurting main street? that is one of the big consumer stories coming up in the "willis report in just a few minutes. thanks.
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and their families is without equal. start investing with as little as fifty dollars. adam: french security forces remain on the highest state of alert with the government in france warning of continued terror threats. gerri: this weekend the numbers are in. four million people took to the streets in tribute to the 17 victims. let's head to amy kellogg live in paris. amy? >> hi, liz, hi, adam. the police believe as many as six members of this terror cell still may be on the loose. that, on top of the fact that people her were still worried, or were already worried about possible further attacks. just add to a heightened sense of insecurity. but at the same time i have to say, liz and adam, people here are really buoyed by these scenes from yesterday's march through paris. the headline, meaning france is
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on its feet. that is because, that headline was chosen because the editor of "charlie hebdo", stefan charbonnier, said he would rather die standing than live on his knees. meanwhile. hyatt eikelenboom, more -- high yacht eikelenboom. with unknown man, turkish, officials say they believe she sent a few days sightseeing. in istanbul and headed to syria. six other semel members are expected to be on lose in paris. the car registered to boumeddie. [ne. was registered to her, minute my cooper. they trier to lock that down. 10,000 army troops.
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this is unprecedented like synagogues, jewish schools. obviously clearly we know that there are six other suspects still on the loose makes a lot of sense but security, visibly today, beefed up. the march yesterday was considered to be a success. 1.6 million people in paris alone and million of others around the country. among the emotions and sentiment played out yesterday at the march, was that the police felt finally they were truly appreciated this is the first time in a long time they can say. that we spoke to christoff of the police union. >> translator: people came to approach me and embraced me, knowing i am a representative of the police. it is a great thanks. if my career were to end now, i would consider this the greatest
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accomplishment of my career. >> that is a big deal for the police, that their morale is so significantly boosted because they certainly have their work cut out for them in the weeks and no doubt months ahead. liz, adam. adam: amy kellogg in paris. thanks very much. liz: time for number one thing to watch. steven lieb, number one thing you're watching? >> right now, liz, i'm watching gold. everything would point to gold being down and down big. oil has crashed. the u.s. economy is doing well. the dollar is going crazy on the upside. yet gold and gold stocks are more than holding their own and this could be a message that things are not really right in the world. and people don't trust the united states. as much as they would expect that they should. point of inflection could be very near at hand within the next few months or so. liz: okay.
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jumped $17 per unit. thank you, steven. by the way, do not miss this. let's put it on the screen. maria bartiromo's exclusive interview with jpmorgan chairman and ceo jamie dimon, 9:00 a.m. eastern on "opening bell." adam: don't miss "the willis report" next. >> hello, everyone, i'm gerri willis and this is the "willis report," and the show where consumers are our business. what's wrong with this picture? president obama, a no-show at the paris rally against terrorism. >> we're at war. this is an international war, it is a global war. we don't have a strategy. gerri: we'll examine the vacuum of leadership from the white house on two key issues and what it means. cyber-terrorists strike again. u.s. central command's twitter and youtube accounts hacked. were top secrets documents posted on line. democrats lay out the next economic plan. another with it transfer program. appeal from wall street to

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