the bottom line for big banks, earnings season kicks off and a wild week for the markets, but how much attention should you pay to all the gyrations? does corporate america have trust issues? can you put your faith in big business? apple -- and now, amazon. you need one should you cut the cable cord and which one is best? and if you haven't finished your taxes yet, you are not alone. what to do if you are down to the wire. on the money starts right now. here's a look at what's

making news. if you are looking for a good description of a volatile market, well, this week will do just fine. the nasdaq falling more than 3% on thursday, that was its worst one-day decline since november of 2011. it was all about concerns about the valuation of momentum stocks, especially biotech and the markets continued to fall on friday. ea earnings season kicked off with chase falling short because of a slowdown in trading. wells fargo beat as did alcoa. the federal reserve's open market committee released minutes which basically said it would wait until 2015 to start hiking short-term rates, then at 6.5% target were unemployment. the fed also disclosed that it held an unscheduled meeting to get rid of that target. by the way, if you want to see the world in a way only a very few people can at this point, google glass will be available

to any adult in the united states, but for one day only. this tuesday. the wearable device allows you to see a tiny computer screen on the glasses. yes, you, too, can look this chic for the mere cost of $1500. it's been a busy week for the markets. the fed releasing its statement and a volatile week for stocks, but how much attention should you be paying? joining us now is john rogers jr. it's great to see you. i'm glad to be talking to you because you are somebody that seems to be pretty sanguine about big swings in the market. >> i think we'd will normal top a correction. we've come a long way, but i think there's a lot of upside from here. >> what makes you think, would you say stocks are fairly valued or undervalued? >> i think they're reasonably valued and starting to get

undervalued, especially when you look at the earnings possible coming out of this recession. we still haven't recovered completely. when that happened, i think these variables. >> you say 16 times. that's something that historically, is not too far from the average though. there are some who say we've just run a really long way in a really short period of time. that makes them nervous, but what do you see that makes you feel better? >> people continue to tell me that the economic recovery is just getting started and we're probably in the third or fourth inning. we have a lopg way to go, therefore, earnings are going to be much higher and the power of those earnings will make these valuations look very reasonable today. >> i love hearing that, but the one thing that concerns me is when i look at the ten-year note. yields have been coming down dramatically. you're look at around 2.6 right now. checking out the ten-year, we saw it bob up and down around that line this week. that usually is an indication that the economy doesn't look

great. what is the bond market telling us? >> i consider it a short-term problem. we hear from our companies that a weather had an impact. we think ultimately, you're going to see the economy recover and also ultimately higher interest rates, so i wouldn't worry so much about the temporary problem. >> we have people looking at the economy this year. we just got some good jobless numbers out there. some people are looking for 3% growth in gdp. are you one of them? >> i am. on the upside. >> 3, 3.5%? >> more in that range. >> is this what you hear from companies? what's telling you this is going to be better than that? >> partly what we hear from companies. people tell you they're just getting started, but the other thing that's happening, there's been so much conservatism. so, people have been very slow to move up their expectations because they realize how tough things were.

>> you see from a lot of individual investors whether or not they feel comfortable with the market. are they coming back into stocks, bonds, are they still really gun shy? >> i think they're still gun shy. all the big corporate funds are derisking, getting diversified, putting more money in hedge funds. they're so skittish because of the last economic downturn. >> does that mean you think they are sigging when they should be saging. >> i think so. you want to be greedy when others are fearful. >> when you look at the market, are there areas that you think are undervalued at in point? >> i think a couple of areas. number one, the financial services sector. we think there are a lot of great, cheap stocks there. favorite companies for us are kkr, private equity. lazzaro, does a great job with investment banking.

richard ellis, the real estate services companies. those are where we think the best bargains are within the financial sector. >> you heard from some financial companies this week already. jpmorgan, a little weaker, but wells fargo a little better. does that tell us anything about the economy? >> jpmorgan chase is so global. they're in so many different markets around the world. i don't think you can interpret one quarter about what it means for the american economy. >> somebody who walks into your office today, say they haven't been active lly involved in stocks, but have watched things rise drastically. is it too late? >> it's never too late. you take a long-term perspective, get in there, get your feet wet. maybe take your time building that position, but don't wait for a correction. you never know when it's going

to happen. >> thank you very much for joining us. up next, we are on the money. do you trust american business? with car recalls and renewed attention on equal pay, we'll look at the trust gap and what smargt ceos can do to fix that. and tech companies are fighting to have a place in your living room. what they offer and is it worth it for you to get one? we're going to find out. take a look at how the stock market end ed the week.

automakers have recalled nearly 15 million vehicles in 2014. high frequency trading may give some a head start and women are paid less than men. is there a trust gap between the

big and little guy? jeff sonnenfeld joins us now, senior associate dean at the yale school of management. thanks so much for being here. jeff, what do you think? is there a trust deficit between leadership and the general public today? >> yes, there is, it's been a late night comment's dream to talk about the plunging data we constantly see on the used car sales men and others that have beat out the leaders of congress, but now, we've seen religious figures and also corporate ceos on that list very close to elected public officials, although this year, you know, interesting. there's been a bit of a slight uptick for ceo credibility on the aid l man trust survey. >> why do you think that is? that the people trust government more or less? >> the government has fallen off and it's interesting, when you point through the data more finely, you actually see that

western companies in particular, companies that are domiciled, where they have domestic base in the brit nations, have a much lower trust rating. by the way, not just in the west, but in each of those respective nations, a dramatically lower trust there in corporations, surprisingly quite high for western companies right now. and that's given an opportunity for ceos. i must say at the top of the charts though with about four times the trust factor are academic experts. another one to trail upwards though are the regular employees, people like yourself and other academics. there's a window of opportunity here, the ceo sees that they, too, can start to return to the platfo platform. >> let me ask you, we saw mary berra, she faced two days of questioning on capitol hill. over those faulty ignition

switches. how did her performance play in terms of the public trust in automakers? >> well, she's gotten a rough beating and of course, she was, things were easier going back a week. easier going in the house of representatives than the senate was a little tougher. some might suggest there's a little bit more grand standing taking place at the senate. a lot of people, including leaders in the media, have noticed how much tougher the women senators were on her and some have taken note that perhaps, there could be a rougher gender treatment, that she's experienced than toyota experienced when he went before congress from toyota or other public figures, but i applaud mary. it's a reminder back to the opening of this discussion as you framed it just moments ago, how public trust is so critical, not just in finance and health care and other great pillars of the economy, but product safety

issues say in automotive and privacy and data security and things. so to do a thorough investigation is important and she couldn't before congress. she went out, has been accountable and apologetic in tiring ted feinberg, the great mediator of victims of suffering with monetary damages and the old pay czar. he's like the solomon of the modern world. bring him on board to work is very encouraging. >> this week on equal payday, the president signed an order from prohibiting federal workers from being punished from talking about their compensation. what do you think about a more open conversation about what people are paid for? >> there's a huge sensitivity there. we constantly see somewhere, depending on whose research it was and what occupation, a pay gap of 70, 80% of men versus women in terms of a persistent

issue. as we see 8% or so women in top leadership ranks and 14% are more you know, in having perhaps more -- we're seeing improvement in women's reputation, but slow improvement, but what we really don't see is the closing of that pay gap and people haven't wanted to discuss. some will argue the reasons why perhaps some women have opted out on a certain trajectory, a certain schedule, there's a lot of controversy about that. if they are in comparable positions, but it's pretty convincing data and the transparency, i think it's a good thing. folks who worry about a sense of rivalry, as to who's paid what, but why should we keep these things secret if people want to acknowledge that they're paid. i don't think anybody should be force to reveal it. >> the option seems like a good thing, too. jeff, i want to thank you very

much for joining us. >> thanks, great talking to you. up next, the fight for your tv is heating up. amazon is joining the top box race with its fire tv. how does this stack up to the competition? we've got the details and you can find us on facebook.

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and the fed top box market with fire tv, but what is a set

top box and do you need one? dan ackerman joins us to talk about why tech companies are vying for their needs and dan, thank you so much for being here. >> good to be here. >> so, these things aren't nearly as big. i don't know a lot about them. i think of the little cable box. what do these do? >> these basically take an internet signal and put it on your tv. how do you get it on your big 50-inch tv? that's what you use these for. >> let's talk about which ones are here. what do you think of them and which one do you like? >> there are basically two categories, broken down into the $50 and under and $100 category. the least expensive is the google chrome. plugs right into your tv. the cable dangling here to remind you you still need power for it even though it's a very small thing and this works with

a lot of small google services and it steams stuff right on to your tv. >> i can already do that on my tv. >> that is the big secret. if you have a smart tv, you have a lot of these services. you may not have all of them and as tv interfaces are a little clunky, people don't know they have them. again, does a lot of the stuff the big one does. it's more sluggish, but plugs right into the box. >> what about the bigger boxes? what do they do? >> they have faster processes in them, so the menus are fast an they sometimes have more channels. pretty much everybody's favorite. this version is about $100. it is netflix, hulu plus. it's very sort of platform agnostic. they don't belong to apple or amazon or anybody else.

there are tons of independent challenge. apple tv is very popular if you have stuff off the i-tunes store. >> whole universe at home is apple. >> what kind of ecosystem you've bought into, that sometimes helps you decide which to get. the apple tv, you can also get netflix. >> no elimination is going to be on this things. it's only as fast as your internet. if you've got high speed internet, that's one thing, if you don't, that's another. >> you're going to have trouble with streaming hd video no matter what device you use or if you just use your dvd player, your game console. >> if i had one, do i still need cable or can i get everything i want without it? >> that is the big question. a lot of younger people, we used to call them cord cutters. people who would get rid of their cable and use internet tv. young people are almost cord

never havers. they never signed up for cable and just used something like amazon fire tv. this doesn't have hbo go yet. hopefully, they'll add it soon, but amazon has their own robust video store with things you can rent. even play games, too. if you like realtime 24-hour news channels, you can't get that. you can't get the regular channels that you want, so if you're tied into that cable tv ecosystem, that doesn't replace it. >> again, the smart tv may not have some of these things any way. >> or if you have a dvd player, has a lot of these services. game console, x box 1. it's already built in. >> dan, thank you so much for coming in. up next "on the money" a look at the news for the week ahead and if you haven't gotten around to your taxes yet, look out, april 15th is just days away. don't miss our last minute tax

tips to get your taxes in on time and error free.

for more on our show and your guest, you can go to our website. by the way, you can follow us on twitter. there are the stories coming up that may move the market and impact your money. financial heavy weight citigroup, bank of america, morgan stanley, goldman sachs and black rock will be reporting their results.

also, intel, yahoo! google and ibm will be announcing their earnings. on monday, retail sales are due. on tuesday,s it's time for americans to file their taxes and pay uncle sam. on wednesday, we'll be getting the beige book, which provides evidence about the economy and on friday, the markets are closed in observance of good friday. if you haven't prepared your taxes yet, don't panic. we've got help if you need to quickly organize your paperwork. personal finance reporter sharon joins us with her quick tips. >> there are some things you can do starting with just making sure you gather all that paper work. >> it's a pain. >> get those w2s together, make sure you have all the receipts that you need, the domination you need. start there. >> do it quickly. >> then make sure you're doing

it accurately. the irs says the most accurate way to file is electronically. if you have a simple return, you could file for free. it's called free file. they're set you up with a number of tax software providers to help you make those calculations. if you make $58,000 or less, you're eligible for that. if you make more, you can still file online using the syllable form. >> i'm going to take your word on that. and now, i know there are a lot of changes in the tax law. are there some things you better hurry up and look for, this is the last time you're going to be able to claim them? >> 55. they're called extenders. things a lot of tax experts are going to see if they're going to extend. right now, 2013 tax returns, the last time you're going to be able to take advantage of things like college tuition and fees. also, teacher fees deductions.

mortgage premiums and deducting your state and local sales taxes. >> what if you are just a scatter brain at this point. you haven't been able to get your stuff together. >> you can, you can file for an extension. get that form. 4886. yes, and make sure you fill that out. you get until october 15th now if you file for that extension, you will get until october 15th, but if you owe, it is not an extension to pay what you owe. send something in so you're not hit are interest and penalties. >> and if i can't pay? >> they don't approach the irs and try to work out a plan. oftentimes, the irs will be able to help you set up an installment plan. they just have to know your situation. so if you make $50,000 or less, there's a form on the irs website where you can go and fill that out. there's also another form if you

owe more than $50,000, that's a separate form. so, less than 50,000, probably a regular installment plan. more than that, there might be another form. >> that's how much you owe, not how much you make. >> sharon, thank you so much. that does it for us today. that is our show. thank you so much for joining me. next week, are you a giver or a taker? a personality to work in business and life. each week, keep it here. have a great one and i'll see you next weekend.

♪ this weekend on "extra." celebrity wedding watch. jen aniston and britney spears both getting hitched in hawaii? jen and justin, brittney and david, breaking details on their rumored recon missions in hawaii. "dancing with the stars" turns into "mean girls." julianne versus max. >> max, i'm sorry, you just had to phone it in. >> james versus erin. >> i want a dancing with the stars baby. >> baby, come on. >> and a guest judge making enemies. is it all-out war behind the scenes at "dancing?" kevin