hi, everyone. welcome to "on the money." i'm becky quick. 20,000 can't be far behind. his prediction comes with a warning. our conversation with jeremy siegel. cuba relations does it mean you will spend your next vacation on cuba's beaches? and inside the big i business of frozen from the people who make it happen. and the days are ticking down but if you haven't bought last or first holiday presents we have ideas you don't want to miss. "on the money" starts right now. this is "on the money." .our money, your life, your

now, becky quick. here's a look at what is making news as we head to a new week "on the money." hold on to your horses or reindeer, looks lake like the santa claus rally is here. dow climbed 700 points on those combined days, an increase of 4%. the first 250i78 we have seen one of that size since 2011. s&p up 4 1/2% on those two days. stocks continued to rise on friday. good chunk of the new optimism came after the federal reserve's open market committee meeting this week that used the word patient to describe when it will raise rates. that relieves the markets as some players thought a rate hike was im innocent. stable stabilize to $55 a barrel, a five and a half year low. mcdonald's is cutting five food items and some value meals as an experiment.

it has been criticized for number of choices and slow serving ti. stocks with big moves this week. dow up 700 points. does this mean investors will be handed a santa claus rally wrapped in a bow or will rush that be the grinch? joining me is jeremy siegel d i have to hand it to me you called 18,000 at the beginning of the year. we are almost there. it is not without rough rides, though. what do you think? >> it is a lot of luck. i had a feeling last year that we were going to have a good market this year. i said 18,000. while it came close. i think, you are a asking about the santa claus rally i think the last ten days of the market are usually good. that doesn't mean always, but really the week between christmas and new years is

sometimes the best week we have. >> unfortunately it sometimes sets us up for a give back in january. do you think that is happening this time this. >> yeah. ing. last january, as january goes so does the year. i began to worry last year because we had a down january. a lot of those old sayings they work about 55, 60% of the time but that is not really the case. the rally between christmas and new year's is more reliable. doesn't mean it is a sure thing. >> what surprised me the most is watching the market's reaction to the fed. as far as i could tell, janet yellen didn't say anything that much different. they may be talking patience now -- >> absolutely. everyone was primed for when they were going to remove considerable ties. that was going to be a selloff. everyone said don't get in until she says that. what they tip today away from

it. they said we can be patient. that's not any different than considerable time so the markets said this isn't such a big thing and we were off to the races. >> that's why i don't trust some of the moves. we know oil has been volatile. it's been moving the markets every direction. that's the market we have been watching the last several weeks as the one that leads over other market from stocks, bonds right along the way. how much longer do you think that happens and do you think that cheap oil is good for the economy? >> i definitely think. on thursday it was impressive. oil was couldn't but the dow was up 400 points. that was impressive to me. first time we broke that link, that close link between oil and stocks. listen, we have been saying as long as the u.s. is a net import of oil, which we still have, despite the increase in production we have had, lower oil price is net good for the

united states. we always said it is easier to calculate the negatives on the oil producers and others than it is the positives. a lot of the positive is the lower oil prices putting purchasing power in consumers' pockets. a lot of people say that's the thing about good christmas sales. the retail of stores do well. consumer discretionary as we often say. most investors say yeah, it should but i'm not putting my money there until i see it. >> i agrow. i will admit i have had some questions because oil prices have fallen so far so fast. you start to worry about what it will mean for russia and other economies. do you think there is any concern at all? >> if russia gets -- you know, i hear this. a lot of people say now that the economy is going to be so tough and russia is going to have to distract the russians with more

militaryistic moves, it does throw a little uncertainty in to that. now we had that, last week, the big three-hour rambling news conference. people said, wow, what did he really say? it didn't sound like he was acting much more aggressive. already sort of blamed a lot on the u.s. and eu to begin. i think he started to look around and saying, wow, what am i going to do over here. >> let's talk about next year here with u.s. stocks. you were right on dow 18,000 or almost there. next year you are looking for dow 20,000 potentially. >> when i gave prediction, i that's what my calculations say fair market value s. i think fair market value sarnd 20,000. a lot of people say isn't that rich in terms of the earnings and the answer is yes. my analysis says in a low

interest rate world, now, becky, we are going to get interest rate hikes next year but not to be frightened of. may end at 50 basis points or see the ten-year treasury back at three which is where it ended in 2013. that's nothing to be scared of. that's really low. all economists say, you can't price stocks unless you know what interest rates are going to be. the lower interest rates higher valuation. >> the central banks will be still calling the shots in 2015. professor siegel, thank you. >> thank you for having me. >> up next, we are "on the money." the u.s. and cuba separated by 90 miles. and 50 years of cold war tension. but with president obama's new policy change, could a vacation to havana be in your near future. and disney's blockbuster movie "frozen" is even bigger on

ice. as we head to a break look at how the stock market ended the week. ♪

♪ in a major policy shift. after more than 50 years of cold war tensions president obama announced the u.s. will restore diplomatic thys with cuba. with more on what it will change and what it won't let's bring in richard haass. council on foreign relations president . he is joining us today. >> thank you for having me today, becky. >> how with big of a surprise was this for you? it shocked me. >> the announcement was a surprise. it had been quietly in the works for a year or two. but the fact it finally happened that did come can as a surprise. >> there's been celebration in the streets of havana. the people there thinking this will change things for them and

their financial prospects for them in the near future. do you think that is the right process or do you think they will be disappointed? >> probably both. yes, it will change things for them. things will get a little better. the scale of american remittances will go up. more americans will visit cuba. short of fundamental reform on the cubans themselves this is not a transformational development. that remains to be seen. as you know the basic embargo stays in place. this is a first step. but in and of itself, it's not transformational. >> the embargo needs congressional action to be changed. how likely do you think that is? >> it is not going to happen anytime soon. the most you can expect is a testing period. you'll put in place new regulations, see what the cubans do in terms of whether they arrest new political prisoners or not, how much access to say internet and telecommunications get and then you'll have congressional hearings i expect. if i were in the prediction

business, i don't think you would necessarily get a full lifting of the embargo. you may get a partial lifting after a year or two, three, years and that would be linked to specific political reforms. what kind of legal protections were introduced, what kind of elections, of what fairness were introduced. this is going to be step by step. >> do you think it will open the door to american tourists anytime soon or is this going to be a slow baby steps process? >> it will be slow. i think you have ten category under which americans can visit journalists and academics, various medical things and so forth but general tourisms, people that want to go and play golf, sit in the sun and smoke cigars that's not going to happen at this point that. would only come with the lifting of the embargo. >> was in the right move at this snoint. >> the argument is that 50 years of isolation and economic pressure haven't worked let's at

least try this approach. it is not as though the united states is given away t. if the skeptics are proven right there are only limited things with have done and cubans will pay the price. 11 million cubans have far more at stake in the future of this bilateral relationship than 310 million americans. >> let's talk about russia and president putin. did the capital markets there this week do what other markets have been unable to do in terms of making russia sit up and pay notice. >> it was an extraordinary week as weeks go. at times, the free fall of the ruble was remarkable. russia is on an unsustainable trajectory. it is a concentrated economy in the energy and gasr. it has lost half of its value. it's not clear it will change anytime soon. russia needs to think about what its options are. the only thing it can do in the short run.

other than tactical intervention in the currency marketplace is try to improve its behavior so new sanctions are not introduced or some of the old sanctions are rolled back. >> we'll see if that happens. thank you for joining us today. >> thank you, becky. >> again richard haass. up next, we're on "on the money." if you have kids you have probably seen the movie a few times or a few hundred times. now disney's "frozen" has moved to the ice. we will see how it's become an even bigger hit. and still stressing about ho

if you don't know who this a-list star is you have been living under a rock. his name is olaf and he loves warm hugs. he is a star of "frozen." the movie grossed $1.3 billion worldwide. making it the highest grossing animated film of all time. it's success hasn't cooled off yet. it is a touring ice show now. joining us is nicole feld, the vice president of feld entertainment. sthe the company responsible or helping to warm the hearts of children everywhere. i know you have been doing disney on ice and the circus and beyond for a long time. what has frozen been in terms of how popular? >> it's been really exciting to be part of the such a phenomenon and the en

steam rolled. we were able to open disney on ice presents "froze en" in less than a year. it came out a year ago went we debuted in september. we went on sale in may. we sold, like the highest grossing ticket sales that we had in the first week we sold 700,000 tickets. >> i know it's more than just that, too. it is all of the marketing that comes with this. you brought anna and elsa here. these are things kids can buy also. >> anna and elsa are only sold on disney on ice. these are the fastest selling plush we have ever had on sale. >> what about olaf? >> we have sold 120,000 of these since september. >> that is phenomenal and speaks to the popularity of "frozen." how do you get people to come to your live performances? it is harder for concerts and movies. what do you do to keep it fresh

and new. >> everything at feld entertainment is entertaining families. whether it is monster jam, disney on ice, it is entertainment for the whole family. whether you are a small child, disney live if it is your child's first theatrical experience or a tween or teenager, we have an entertainment outlet for you. >> do you track the economy? terms of recession? do you see it in your sales? it is easier to get someone when there is a downturn and they are not taking a long vacation. what do you think the american economy looks like based on ticket sales. >> our fourth quarter has been very strong. we saw in the middle of the year, a little slump for us. but first quarter always is really strong. just in the first week we will have over 30 live events debuting. we will play to 1 million people with all of the feld

entertainment brands in the first week. that's really significant. we are looking forward to that. gas prices usually are a huge factor. when they are dloe lower we do better. people are able to travel in a car. >> feld entertainment is a third generation business. it was started when your grandfather bought the rights to ringling brothers barnum bailey circus, that fran chiess. how did you go to where you are today. >> in the 1980s, they acquired ice folly, holiday on ice. this is my dad and grandfather. then my dad -- disney on ice is the brain child of my father. he went to disney and said i have this great idea. i'd like to put all of your characters on ice. and i think they were taken aback but i eventually agreed and we are one of the longest license sees of the disney companies. >> you grew up in the business and you used to have elephants

in your early birthday parties. >> that's true. >> what are the best and s of y >> the greatest part of the job is i get to think of kids all the time and be around kids when we go to a show. i sit in the audience and see the instant gratification and the happiness we bring families. it is always challenging to be an owner in your own company. i think my family feels a great responsibility to keep these brands moving forward. we're always looking for what's going to be the next trend in live family entertainment. you know, we know we have to be the forerunners in whatever that is. >> nicole, thank you for joining us. >> thank you very having me. >> up next "on the money," a look at the news in the week ahead. and how to handle the home holiday shopping stress to get the presents under the tree in

♪ here's the stories coming up that may impact your money this week. on monday, we will get existing home sales for november. on tuesday, durable goods orders are released. revised gross domestic product for the third quarter is also out on tuesday. new home sales figures are, too. 'twas the night before christmas. wednesday the market closes early. yea! on thursday, santa comes to town. merry christmas to all and to all a good night. with a few days to go the

christmas countdown has begun but have you finished shopping or have you started? personal finance correspondent cheryl epperson is here to give us last minute best bets to make it in time to slip the presents under the tree. it is your money, your future. is it too late to rush ship everything? >> then i would be depressed because i'm in that boat. i'm a last-minute shopper. i'm glad to say there are opportunities to get as many gifts as you want under the tree in time for christmas. you may pay a little extra and a lot of places if you are going on-line and trying to get -- >> a lot extra. >> a lot extra. what you want to do is try to find services that will get you gifts, free shipping in two days like amazon prime. yes it will cost you the $99 membership fee but you may get a free trial and take advantage of the two-day shipping.

once you open the gifts you cancel the prime if don't want to pay $99. >> it is the best money i spend all year. >> there is a cheaper way to do it. there is shop runner that is giving amazon prime a run for its money. offering a similar service and retailers, as well. you have to pay if you are not an american express card holder you get a free membership. if not you pay $8.95 a month or $79 fee for that service. >> does it work -- >> american express gets it for free. >> does it work with all on-line retailers. >> it works with some. some different from amazon but worth checking out both. i like to comparison shopping. compare the two and see which works best for you. >> what i am 0 so late i don't have to days to get here. >> probably. but you need to get creative. a lot of the items you may want may be gone at this point. think of what the person loves. if they want c fee, get

favorite coffee beans and nice mugs. food lover, infused olive oil and cooking utensils or a restaurant gift certificate to go with that. music lovers go to cvs and get an itunes gift card and head phones. another great way. gift cards, and gift certificates are the way to go for last-minute shopping and, yes, spa gift certificate would be great. >> what if all else fails? >> there are a couple of things, give a charitable gift. it is not too late to make a charitable donation in someone's name or just give.org or alternative gifts.org and they can help you make that kind of gift and think of the gift of time. one way to cut costs as well as if it is the last minute and you can't get to the stores is think of what the person would like to do and maybe do with you. we are all so busy. if we give the gift of time, just spending time with a friend

who wants to lose weight and we want to be healthier too, we will be exercise buddies together or if we play the piano we will give private lessons but not charge them. different things where you can give the gift of time can be special and meaningful for the holidays. >> the most thoughtful gift of all. thank you so much. that is the show today. i'm becky quick. thank you for joining me each week, keep it right here. we're "on the money." have a great one. i'll see you next weekend. ♪

>> taylor takes over. iggy rap splash. adam and blake dominate and arianna grande year. hi everybody. welcome to "access hollywood". special on music moment maker. i'm shaun robinson. we start with taylor who talked to liz about the huge risk she took straying from the signature country sound and crossing over completely to pop. >> with you more afraid of what the fans would think, critic would think, what the competition would think or the community would think? did you have any of those anxieties? >> honestly going into this album for the first time i didn't necessarily worry about what anyone thought. because i think at the end of the