providers. a lot going on. [closing bell ringing] david: talk about the car. they may get into google apps and self-driving cars. we'll talk about that. liz: apple closing and merck above 122 -- apple above $122. david: $710 billion market cap. oil took a big dive today. market not missing on that action. there is a lot of stuff going on overseas may be affecting the market. we'll talk about that in a moment. the indices, the biggest gainer is the nasdaq. tech stocks gaining. we have busy hour for you. anthony scaramucci, a host of other guests, joining us. "after the bell" starts right now. liz: big jump here for stocks.

let's get to today's action. we have john trainer of peoples united bank. john is here to tell you what is driving a bounceback if these stocks. ernie cecilia, telling why fed will raise rates. david got out of richard fisher from the dallas fed. buffett and jack welch disagree. mark sebastian at the cme. i want to start off with mark. the market was juiced early on by the belief that the greeks will work in the parameters of the previous bailout deal. the markets like that. we got a john openings number, the jolt survey. what was enough to push the market higher in the last hour, mark? >> to 60 in the s&p 500 had been kind after resistance point. we bounced off that three or four times. once we saw 2050 we saw shorts squeezed out. that drove market higher into the afternoon. we bullied our way through the last major resistance point.

the question is can we hold here? if all goes well tomorrow, might finally hit the 2100 in the s&p five you've been looking for. there is good chance things could go awry tomorrow and we could be back to 2000 relatively quickly. one thing i would note. this is really astounding, last three months rallies have been much more volatile than selloffs. we probably are you there the big jolt of a rally. so i think the kind of two scenarios we're seeing maybe an ease lower or ease higher from here. david: predictions from our friend mark sebastian at cme. ernie, i want to go to you. we've been talking about apple, $710 billion market cap, that is huge. you put it on the pick list. you still like apple, think it goes higher from here. why? >> david, thanks for having us. actually had my list last week, i was supposed to be a guest and

i guess it was a good pick. david: what about right now, at its all-time high. >> i couldn't resist, david. we're long-term investors and we are, we're looking at a company that generates significant free cash flow, has propensity to buy back shares, raise a dividend. iphone sales will not continue at the same clip they did in the last quarter but we saw a lot of growth from i mac sales, from the power book that is. we're seeing a lot of activity with the watch. but we think it's a company that has very strong fundamentals and we would be better buyers probably closer to 110 after the strong move over the last week or so. liz: from john, you're saying, john, that the mack copicture, let's move apple to the side for a second because it is running a great business regardless of a tough economist. we're not seeing that tough of an economy. in fact it is improving from where you sit. why? tell us which metrics that say

we've got tailwinds versus headwinds? >> absolutely, the important metric we look at is capital spending and it increased slightly with the gdp numbers. if there is one thing that i was if us confidence in the u.s., it is that corporate balance sleets are in great shape. we're capacity utilization rate, at 80%. that is when generally companies start to expand investing. so we think that is great for industrial stocks and great for technology stocks. that overall business spending is the key issue we focus on right now. david: mark sebastian, i'm looking at your notes from earlier today. you say oil has clearly found a base. of course it went down 5%. are you sure it has found the base or might it slip a little more? >> i think we could bounce between 45 and 55. i think we're more i cannily to see you come out bearish apple than we will see $20 a barrel in oil like citigroup came out. it was kind after ridiculous statement. i do think, you know, we could

see another trip into 40 but they're starting to take production off-line. supply is a little ahead of where production is but you know, it has found a base and i think it will probably ease its way over the next six months to a year back up to about 60 bucks a barrel. maybe not 100 but progress from here. liz: okay. we're just hearing now that the s&p 500 has closed at the high of the year. granted we're only a toe deep into february but that's a good number certainly to see, ernie, especially a pretty rocky january. right off the bat i have to ask you how will you believe a rate hike that comes this year affect the stock market? >> well the rate hike will be of course at the shortened. that is what the fed controls. it will be based on continued improvement in the u.s. economy which we're seeing which your other guests have also attested to. the one thing we will not see, at least the fed has not indicated it will, that is

shrink the balance sheet. as long as they don't shrink the balance sheet we think longer rates, for example the 10-year, will probably stay fairly close. what will happen the shortened will come up, the curve will flatten, it will cause the long end to move up a little bit but the 10-year which is a key indicator for consumer rates, mortgages, car loans, et cetera, should not move up a lot. so we think we'll still be very positive for economic growth here in the u.s. but it does signal an improvement in the u.s. economy. we think that will happen in the second half of the year. david: john, we pot to talk about -- got to talk about foreign economies, particularly europe. people looking at greece saying it is bad, bad news. it is bad news if greece doesn't come to a deal which means they will fall out of the euro. it is bad news if they do come to a deal which means the europeans will follow after greece. they will be bailing out spain, they will bail out portugal, maybe italy. how does that affect us here? maybe there is an opportunity there somehow? >> well, we're positive on

europe in general. we like the developed international markets. we're underweight emerging markets, not so much because of greece but because of a lot of macrofactors going on. in europe in particular though, i know there was positive news out of greece today and that is great for the market. the greeks have some serious problems. david: they sure do. >> and they are structural problems. and they're not pogue to solve those in one day. so we, we're holding our judgment on greece. liz: are you, mark? are you guys in the pits holding your judgment? so are you paying less attention to the greek that other issues that buffett the markets around? >> i think the broke thing is developing. a lot of guys are paying attention. if that explodes that could be catalyst for the market heading south. as for the fed, i disagree with our other guests. i don't think the fed will raise rates in june. i think september at the

earliest. the one piece that puts the fed between a rock and hard place is the dollar. they don't want to make the dollar moving stronger up and raising rates could force that. raising our rates makes the dollar even stronger which could be a real problem for the federal reserve. david: wow. >> with oil holding steady, i don't see inflationary pressure that would cause them to raise rates. david: okay. >> i would say september, december at latest. david: mark sebastian, prediction, the oracle of the cme, mark. congratulations. great predictions from all you guys. thanks so much, john trainer, ernie cecelia. mark sebastian. vast majority of etfs are considered passive. that means they track an index. so what happens during volatile times like these? liz: you may want to consider actively managed etfs. this category saw assets grow 16% alone. with us, noah hammond, advisor shares ceo. let's talk about actively

managed etfs. what does that mean, actively managed? >> you have a portfolio manager not massively following index. not buying all 500 stocks the good and bad of the s&p 500 but trying to find stocks or bonds they expect to outperform. david: in this case then you would not be looking, usually when you go to an etf it is of a particular kind of stock n this case you really want to focus on who is managing that etf, right? their record is key here. >> absolutely. you want to look hot manager is. their approach. david: you can find out that information. >> absolutely. look at product or find information about the manager. managers you can tell on your own network look at market differently, some technically, some fundamentally. you want to see how the manager approaches the market. liz: there is a lot of complaints about mutual funds that eat up fees that cut into profit. >> right. liz: how would this be any different? >> it is different in two ways. it doesn't have a lot of sales loads or back end loads you get with mutual funds. liz: what are the average fees? >> it depends. active management space, have

anything from 40 basis points up to 90 basis points. alternative strategies have a higher fee around them but they're competitive to the mutual fund management fee space. liz: difference with the etf you can buy and sell on same day? >> absolutely can. you can use limit orders to manage things in the market you can't with mutual funds. david: you can make very interesting bets. for example, you can bet for gold and strong dollar at the same time. explain how. >> absolutely. two etfs out there, tickers are gdur, gold euro and gyen, for yen. instead of taking strong dollar that you heard earlier buying gold with it which hasn't been a great investment, these two products two days have been on market for one year. in that time frame gold has been down 4%. david: explain exactly what they do. they give up the yen or the euro for gold. >> right. david: you're not giving up dollars for gold. you're giving up weaker currencies for gold. >> absolutely. the gold euro has been up 14%.

gold and yen up 10%. gold in u.s. dollars, down about four over the past year. liz: some of these etfs have gotten a little overly creative. then they end up going out of business. do you insure, we've seen 16% inflows, up 16%, that is certainly shows a bullish sign but is the herd always right? how do you prevent from the accidenting into an etf that ends up from failing? >> herd is not always right. nice thing about etfs the investors vote with their dollars. doesn't mean they will be always right. over time they talk about liking the manager or strategy and whether it is working or not. transparency lets you see performance and what they're holding helps make you see what is happening. david: advisor shares, noah hammond. thank you very much. liz: good luke to you. david: have we actually hit the bottom for oil? one firm does not think so, talking about $20 a barrel. is that crazy or actually a possibility? liz: it will be a complicated tax season for millions of you

because there are new laws in place and budget issues cutting irs resources. ceo of liberty tax here to tell you what you need to know now before april 15th. david: dallas fed president, richard fisher giving us his prediction about rate hikes. take a look. >> i would expect that you will see a high sometime this year. how is that for absolute accuracy? david: better than a lot of people have given us. is he right? will we have a raise of the, excuse me, a raise of the interest rate this year? mr. anthony scaramucci, skybridge capital founder is here to answer that question in a moment. ♪ at ally bank no branches equals great rates. it's a fact.

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accuracy? david: that's all right. that is better than a lot of people. let me try to be more specific. would it be at june or summer meetings? >> i won't be there. it is up to the committee. i advocated we should have moved in march in anticipation of what i see coming in the economy. i've lost that argument. david: yeah, but he says it is going to happen this year. is he right? joining us anthony scaramucci, skybridge capital founder and comanaging partner and fox business contributor. we're very proud to note. anthony, good to see you. just a week ago you were saying it ain't going to happen in 2015. >> i, like a football coach i watched tape couple times. they already made the decision for march. catch the sentence structure. now june or september. i would have told you not going to happen. i have to color it differently now. david: was it jobs numbers that made you change? >> the wage number embeaded in the jobs number -- embedded. they will not rush it. could be a september situation. i still don't see it in june.

of the dollar is super strong dollar. deflation, the greek situation, they are telegraphing to the market they will raise rates but they could pop the 25 basis points on the shortened and leave everything the same way that they are now and you could have a period of very long sustainable, long-term low interest rates. one last sentence, that is not going to be meaningful to the market up 25 basis-point move. it will be only psychological and ceremonial. i'm still calling for very low interest rates this year which augers very nicely for the stock market. you're starting to see that change in market sentiment. liz: just as richard fisher said it will happen this year, he believes it will, warren buffett told us last wednesday live on fox business, i don't see how they can raise rates this year. >> right. liz: and then other people, business people weighed in. but i would, you got to go with the guy on inside of the fed, right? >> i said they may not raise rates until after the 2016

election. that is how aggressive we've been on the skybridge research team. the data does not suggest a rate increase. you get a couple more wage movements like we got last month, there probably end up raising the rates. they have got to signal that to the marketplace. they have a huge credibility issue here as well. they have told people they will raise then. they don't raise them, people will say, what credibility does the fed have. david: on the other hand as liz was saying there is tremendous pushback for people who have vested interest in a dollar that is not quite as strong as the dollar is now. with buffett, a lot of people sell stuff abroad. strong dollar makes it difficult to do that. if there is a rate hike of any kind, even just 25 basis points it makes dollar stronger. >> i agree. how about the disintegration of the euro? don't think that can't happen. what did we learn from the lehman brothers catastrophe? they let lehman brothers go, and what happened? we had a domino effect across the markets. had to come in with $180 loan to

aig. angela merkel does not want to let greece out of the euro. you have no idea what the consequences be. liz: buffett said you can talk about what i own over which country but what is happening in europe would make it difficult to raise rates. >> we're on buffett's side of this thing. i still think it may not happen. but when you hear rhetoric and watch tape several times which i did to prepare for this show, i said, wait a minute. could be september. might be december. clearly not in march. probably in june. 25 basis points, it will be ceremonial and not really matter much in the markets. david: anthony, great to see you my friend. good stuff. some say the sec plan to regulate the internet could result in new taxes so why doesn't the public have details? there's a reason. we'll tell you about it. liz: one mobile network lagging far behind its competitors coming to quality and performance. are you paying this company? we'll tell you which one

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david: oil prices getting kicked again today jon 5%. in 20 tour hours there were two very different projections where oil is going so who is right? larry shover, sf-f alternative, cio. nomi prins, senior fellow at demos. fox business's own tracy byrnes. larry, you follow oil pretty closely. we have two figures here, we have a $20 figure from citi and then we got a figure from the iea, the international energy association. they have a $55 figure. who is right?

>> i don't think either of them are right. let's face it right now, supply is massive. demand continues to be flat. i think all said and done we're going to see oil trading at about an average of price $49 a barrel for the rest of the year. i think at the end of this quarter we could see it as low as $40 a barrel as we have scheduled refinery maintenance which keeps buyers at bay and the production continues to flow. so $40 a barrel is my call for end of the quarter. 49 average price year-end. david: although tracy, larry said oil hit its flow. a lot of people are capping their wells right now because they can't afford to sell it at this price. >> why i actually think it will go up a little bit more. either way, david, think we're overstating what it has done to the economy. this extra couple dollars in consumers pocket went into their savings account. it is not helping. while it is great to have cheap gas because i fill up twice a week, i don't feel like it is making as big of a difference in

consumers wallet as we're trying to say. david: nomi, tracy is right. it didn't affect retail figures as much during the holidays? >> yeah. i don't no i agree with tracy and larry today but, i think reason oil stays in a range to say around the 50, $55 mark, a little bit of upside but in the range we're in less because of supply demand differential. demand has gone down but not off a cliff since june as prices dictate. supply has not gone down either. we do have situation on financial side, financial engineering side. we have over leveraged oil and shale companies. at some point, some started to default. there is this bipolar attitude financial community provides loans on one hand, they will not continue to be on side of loans. on other hand they don't want them to default. i think that sort of contingent -- david: i think we have consensus it will stay around current

levels. i want to get on to the internet subject because a lot of networks, we're dealing with a lot because we think our viewers care about the government involvement in the internet. president obama gave the fcc a 332-page proposal to regulate the internet but you can not see it. the president doesn't want it circulated publicly but a republican member of the sec -- fcc is furious. he wants plan released to the public. who is right here, tracy? >> god, david, people need to know. this will hurt competition, increase costs, slower broadband at the end of the day. it is not going to help anyone. it's a huge power grab. i actually think the american public should be up in arms the fact president did not want president to see -- people to see it. david: in the words of nancy pelosi, you have to pass it first and then read it, right? >> absolutely. >> stuff on both sides of the party gets tapped. i agree it absolutely should be seen and transparent as internet. the point is to go with net neutrality to allow competitions

from smaller places so everyone has access and receives content from the internet on a cost equivalent basis but we are not seeing details which we should be seeing in order to make that assessment. david: larry, when people hide something, they usually have a reason to hide it. my suspicion is that people, the public, the general public would see things in it they don't like, like the government having a lot more power to regulate what goes on the internet. >> yeah. you know i spent the day scouring the internet looking for a sled of evidence -- shred of evidence why this needs to be hidden. 8 pages of regulation. 79 pages of legal implementation and 245 pages of customer service responses to this. i could not find anything trying to give them the benefit of the doubt. this is a big deal. it has been going on for 10 years. something doesn't smell right. david: tracy, chances are it will be challenged in the legal courts so what happens then? is it going to be thrown out by the courts like the last time

they tried this? >> third time's a charm, right? has to be, david. no way something like this will go through. david: i don't know. we'll see. a lot of stuff has gone through we never expected. coming up with our panel. are government regulations strangling small lenders? despite all the hype and all-time highs could apple be setting up for a bruising? we'll talk to our panel about that. liz? liz: david, are you ready for tax season? guess what? it will be a rocky one for many out there, with reduced service at the irs because of budget cuts. there are new laws and increased fees. how will you be impacted? how do you make the deadline? we have liberty tax ceo coming up. the measles scare continues to grow with now 17 states reporting cases. increase could be a shot in the arm for some pharma names. we'll look at a big business of vaccines. imagine inheriting a nickel that ends up being worth millions of dollars? that's right, millions of dollars. tune into "strange inheritance" tonight at 9:00 p.m. eastern for

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david: new study of banking trends confirms regulations are strangling small lenders and driving community banks out of market in some cases. we're back with our panel.

nomi, the big banks in all the dodd-frank negotiations clearly had money to buy the lawyers, to buy lobbyists in some cases, i believe this, some of the politicians, lobbiests were actually writing regulations so they would benefit and smaller banks would not get a booed deal. is that what is happening? are we seeing the results of that? >> i think we are. that is absolutely right, when future gets looked at from certain point we'll see emails from lobbiests with details from what the big banks wanted and received and become bigger since the banking crisis because of dodd-frank. small banks did nothing wrong not necessarily involved in derivatives or mortgage related assets or anything like that but because they weren't at table anything rules for going forward. they are getting hurt as a result and being restricted as a result relative to big banks that are growing. david: tracy, there is awful. there is not a lot of sympathy from the general public for big

banks but community banks, name applies, part of people's neighborhood and want them to survive. >> sarbanes-oxley all over again. we're crushing little guy because he can't afford compliance costs. if he affords it and pays for it he is passing costs to retail consumer. not having a standard mortgage product cripples these guys. the beauty of the community bank, you tell your story the character of customer comes through this loan. david: that's right. >> this is crippling the whole community banking system. david: community banks are the ones, really personable part of the banking community, larry, that people care about. >> yeah. exactly. and you know, they make their money off of consumer loans and mortgages. and now with all the overlay of dodd-frank, nobody clearly understands, and you have to spend all this money on compliance and regulations, try to get a competitive mortgage from a community bank. or consumer loan? it is impractical. no doubt that they're either going to be merging with bigger banks or just simply go out of

business. david: such a shame. we knew it was going to happen by the way when they were preparing all these regulations. all right, apple hitting an all-time high today but some are warning that the tech giant could start falling apart to go from great to just average. larry, what do you think? >> i mean it could. every company has a shelf life. i mean not every company being dupont. let's face it, apple is on a high perch. there is a lot of competitive pressure. they need to continue to innovate new products. they rely very heavily on that. there is also regulation risk. that's a big risk that we don't talk about. they also need to maintain key distributorship for their itunes. if they can do all of that, it is going to be a great company. otherwise they will fall off the perch like all the other ones. david: nomi, like the song, nobody does it better, really it is true like apple. galaxy, samsung tried to do it with galaxy. it didn't come off looking that well. clearly they won in the

iphones. they have unbelievable service for customers. there is a lot of stuff apple does that nobody else can do. >> yeah. first move advantage, they have the broad advantage, they do have the international relationships and they're committed which helped their share price even after the dividend date, to buy their own shares and keep their shareholders happy. that helps finances from external perspective and products so finely spread out. david: tracy. >> phone was 1%. very expensive compared to android phones. people had very different idea what the 1% should have and they wanted this iphone. hard to go back once you have it. david: it is $710 billion market cap company right now. maybe it will hit a trillion. who knows. thank you, larry shover, nomi prins and tracy byrnes. good stuff, gang. liz? liz: are you guys confused which carrier has the best or worst service? route metrics just released its scores for the highest and

lowest quality networks. the company performed more than five million tests in more than 6,000 locations, testing everything from network speed to data and call performance. at number one, verizon wireless. verizon scored a 93.9 in test results. number two, at&t, who outperformed the other carriers in text message quality. number three, sprint. this despite coming in dead last for network speed and coming in last was t-mobile, with apparently local performance and network reliability. david. david: in the news, over 120 cases of the measles have been reported in 2015 alone as many choose not to get vaccinated. how much money is at stake in the vaccine industry? liz: plus tax season is more complicated this year, thanks to the affordable care act. there is some confusion about that. big budget cuts at the irs could have you on the phone 30 minutes or more just to ask a question.

here the guy to answer it? john hewitt, of liberty tax. how to navigate the tax filing system. his stock is up 35% this year. david: i will take notes on this segment. google boston dynamics unveiled this. this robot that walks exactly like a dog. wait until you see what it does. we have video you haven't seen yet. coming right up. ♪ the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers.

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liz: dirty word, tax season. tax season is officially begun and shaping up to be one of the most complicated ever as the affordable care act and irs budget cuts impact how people are going to file this year. how do you navigate through this tricky tax code? joining us now, liberty tax founder and ceo john hewitt. john, we need to start by telling people that for the first time in your 45 years of doing tax business you opened your offices before january 1st. why? >> yeah. believe it or not it is exciting time to be in the tax business. affordable care act, obamacare, whatever you choose to call it, it is the biggest tax change in over a quarter of a century.

and, our surveys show that over 1/3 of americans, taxpayers have a question about their own tax return regarding affordable care. that is over 45 million americans. liz: when you ask questions, normally many people simply for free call the irs but the irs has 3% budget cuts at this point, correct? i was reading core statistics saying that you could be on the phone more than 30 minutes waiting just to have an answer to your question, right? >> actually, even worse than that. last year the irs was only able to answer about 73% of their calls, with a live person. this year the irs commissioner and recently treasury secretary said that will be closer to only half of the questions will be asked, answered by a live person. liz: okay. so you mentioned that possibly the affordable care act is going to be an impact situation but then you also mentioned immigration. you have also taken some pretty, steps that show offense versus

defense. you started a spanish language network to help people do their taxes in spanish, correct? >> yes. we have a new franchise system that is dedicated to just 100% spanish. it has hundred% bilingual preparers. it is focused on this opportunity, especially the undocumented workers, over 10 million undocumented workers. and at least five million of them will get some kind of a status as moving towards citizenship in the united states. so, it is another great opportunity for the tax preparation industry. liz: are you finding they're walking in voluntarily or are they still fearful of immigration officials? sometimes you put your name to a piece of paper and file something. or, they're honest and paying taxes on what they have made? >> they come in slowly and reluctantly. there is a opportunity today, for taxpayer to get something called an itn, special identification number to file instead of using a social security number.

and the law is that, that the government can not go after them to deport them using that information. and so, we've already done hundreds of thousands of those applications and gotten people their ability to file a tax return and get their refunds. however they're doing that slowly because they're concerned that information is going to be used and the government will go after them. so it is trickling in at this point. liz: listen, get people out there and on the grid. they will pay their taxes. then we'll have a discussion. i think a lot of people would appreciate that. let's talk about a turbotax breach. they had to shut down their site for a while. they found increasing number of fraudulent tax filings. how do you protect yourself over at liberty? >> you know, we have seen a lot of fraud in online, as people do phishing and seize identities. so what we do is, when people come into our offices, we do identity checks. we require, we require photo identification.

so we have our own checks and balances. my 46 years of experience in income tax franchising is invaluable putting in checks and balances to make sure that people don't take advantage. we do a number of tests that help us insure that we don't get hit with the same kind of fraud. liz: i guess you could say that the administration is also playing offense versus defense, they called you and a bunch of tax ceo's to jack lew's office, treasury secretary. what did he talk to you about? did you find that useful? >> i was flattered that he called myself and the block ceo and turbotax, intuit ceo in and talked to us about how we could assist in the problem with them not being able to handle all the calls. and he is rightfully proud that the relationship between the industry and, and the irs and government is one of the highest points ever. certainly the best i've seen in

my 46-year career. we can work together to help get taxpayers certified and get fraud out of the system. liz: john, everybody should know your doors are open at liberty. by the way publicly-traded. ticker symbol tax. you're up 35%. smaller cap company. we like people to know that. nonetheless, congratulations, john, thank you. >> thank you. >> john hewitt. david: i may be knocking on his door myself. boston dynamics, we promised you pictures this is the robotics company acquired by google in 2013. it released footage of the newest, smaller canine-like robot. this is called spot. look at this, walking uphill, weighs 160 pounds. compared to the larger 240-pound big dog which was designed to carry heavy equipment for troops in combat. this one as you can see is far more flexible. it can do things that the other robots simply have not been able

to do. will be used primarily for search-and-rescue, mapping territories, accessing disaster zones but spooky how good, human-like, animal-like it is. look at it climb the stairs, liz. liz: wow. as long as video was not intentionally sped up, we have no reason to believe it was and goes fast, see with the camera in front of it how high to lift the feet up. i didn't like it when the guy kicked it. this was kind of mean. david: unbelievable. >> brett favre, quarterback of the green bay packers, we'll talk to him about the nfl has changed since he left. david: i love that guy. measles vaccines what does it mean for the guys behind those vaccines. we'll tell you. >> i'm gerri willis. coming up on my show at the top of the hour, the government could scrap longstanding guidelines on cholesterol. cardiologists say the guidelines

have been wrong for decades. that is one of the big consumer stories coming up on "the willis report" in just a few minutes.

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♪ liz: according to the centers for disease control more than 120 cases of measles have been now reported just this year. and in 2014 there were more than 644 cases. that is the most david, reported since the year 2000. david: the rise could be shot in

the arm for very profitable vaccine industry. peter barnes in washington with more. peter. >> vaccines are huge and growing business in the u.s. around around the world. one search group estimates global sales of vaccines $25.5 billion in 2014. with more than half going to children. the w.h.o. projects sales will hit $100 billion by 2025 with more than 100 new vaccines in the pipeline. five companies, merck, sanofi, novartis, and glaxo account for nearly 90% of the vaccine sales. merck makes measles vaccines combined with vaccines for other diseases like mumps. that segment reported $1.14 billion of sales for america. like vaccines, and drugs, they can take years to win approval, up to a billion dollars and 10 to 15 years, according to pharma, the trade association for drug companies and companies

get exclusivity from the fda for new vaccines for 12 years. but profitability, it is hard to quantify. some vaccines for targeted diseases can make big money, but others for measles and flu for example, may not because big purchasers are governments, non-profit health organizations and big health care providers. they negotiate huge discounts because they purchase just, you know, crate loads, truckloads of these vaccines, but these vaccine makers are publicly-traded companies as we showed you. so they obviously would in the look for new vaccines or keep making older ones, even ones off patent like merck's bigamies sills vaccine if they didn't think they could make money for investors. david and liz. liz: there is always a trade. thanks for giving it to, peter. david: thanks, peter. earlier today maria bartiromo had a chance to sit down with legendary quarterback brett favre. he spoke about his 20 year career and how the league

changed since he started. it is part of our fox business rewind. >> i played 20 years. it changed from just a player standpoint, it changed dramatically, the size, the speed. in the collision legses. -- collisions changed a lot. overall business of th national football league, how much it has grown. look at first super bowl compared to this last super bowl, just a coin toss is like two people, three people out there for, now it is like a small city out there. >> unbelievable. night is different. you say how have the collisions changed? >> average line when i first came into the league, 6'3", 280, 275. now the average line is 330 or more. and the defenses are obviously much bigger. so, you know, when those two collide, you know, like two race cars going twice as fast as they

did 20 years ago. >> oh, my god. >> it is important to know that the jobs that have been created over the last two years as the recovery picked up steam, something like 8.5% of those jobs have been low-wage jobs. so we're creating good jobs in, especially in the last two years. at the same time, i totally agree with what you said. one month does not make a trend and we need to translate the productivity increases into shared prosperity. one of the best ways to do that is to have a continuing tight economy. tight labor markets actually leverage for job-seekers. liz: catch all of today's interviews on foxbusiness.com. david: it is time for the number one thing to watch. let's bring back larry shover, sfg alternatives cio. larry, what is it. >> i'm, fastening my seatbelt for the european finance ministers meeting tomorrow to talk all about greece. we know that the situation in

greece is well advertised. no growth. tax collections are paltry. bank deposits are leaking as we speak. but also a new government that wants a new deal. why this matters is that the bailout that they currently have in place ends at the end of the month. if nothing happens on march 1st, theoretically ela assistance could stop all together. but beyond that, why that really matters is that on the trading floors, the hedge funds, there is something called the greek trade. it has been going on for a while but any kind of headline risk you fade it, you just go against it and eventually make money. i'm fearful at some point that is going to change. we've become too obtuse or cavalier about the headlines of the beneath it all, it is a new government, new deal. who knows what will happen. i'm looking forward to tomorrow morning. liz: the meeting is tomorrow in brussels. we will carry any headlines that come out of it but the greek finance minister said we will not tear up the existing bailout

deal. we'll see. david: we will see. some people are worried if they do sign a deal, maybe italy, portugal and spain will be following. larry, thank you very much. liz: the "willis report" is next. we'll see you tomorrow. >> hello, everybody, i'm gerri willis. and this is "the willis report, the show where consumers are our business. the wobbly economic recovery now held ransom by unions. labor dispute at west coast ports causing bottlenecks and backlogs with consumers on the hook for it all. >> a shutdown of america's west coast ports even for a short period of time would have devastating economic consequences. >> your best defense from hackers is to freeze your credit. >> if you really want to do something to keep the criminals out of your business, freeze your credit. gerri: how do you do that? >> we have the upside and downside of a credit freeze. fight over measles vaccine spreads to capitol hill.