companies like procter & gamble 175 years old. you have got heinz ketchup, you have companies that have been -- they are found in your pantry and on our medicine cabinet. these are -- liz: coca-cola, all of these names? >> well, our particular favorites are coke, pepsi -- liz: we made you into a little gorilla. >> okay. i love that. global gorillas are companies with global footprints. they have globeized management, globalized supply systems, lots of cash, pay good dividends and been increasing dividends. u.s., canadian, european companies that are focused on the global economy. liz: exposure to europe? >> exposure to europe, we think it is bottoming out. europe is in recession, liz. it is in a recession. however, the global growth part, the gdp of the globe is 65 trillion. europe is a quarter of it. 16 trillion. the united states is 16 trillion. so europe and the united states are very intertwined, but we think the u.s. is doing better and that helps the european companies. liz: we told people about the three ps, you say profits

procter & gamble barely budged.ou think the carbon bashing president would crush the oil and gas industry. but it's the oil managements themselves that seem to control the situation. that's how chesapeake could go from $37 to $18. continental resources soured from 23 to 22 by going all in oil. exxon, which has found little new oil and gas and dramatically paid for xto, a giant natural gas company has gone unchanged, while chevron moved from $87 to $109. again, the difference, management. pure commodity plays. i really liked this. copper and aluminum. the fortunes of these stocks have more to do with china and europe than the united states. dupont is unchanged. dow chemicals down. ppg, it's doubled. more than doubled. why? the president? was it congress? democrats? electoral college? no! dupont and dow stayed in the commodity chemical business. ppg went specialty. where the barriers to entry are much higher than commodity. here's the punch line. during this whole five-year period, what has the s&p done? it's going do

we have money procter and also programs about women growth of oklahoma ok and that's why women and people know about their rights that we act in really had more been going nine hundred which came on the commission in really just put it all the way you like woman there are problems that women face not only in hair out but in all of afghanistan. and the problems are many for example in families they are victims of violence perpetrated by their fathers husbands and brothers rape cases is historic i'm not going to stop these dumb mistake while it is four years old maybe three and a half years old babies five year old babies while you have small girls fourteen year old girl take it right. normally if. injure their wives the husband done to company them to hospitals their companies by the member of their families you know enough gonna stop beating your wife beating your family beating your children isn't considered a crime. the police reports mainly regard physical violence. however i believe the majority of women i can say ninety nine percent suffer psychological violence but it isn't trip or

combination of yield and a little bit of growth - coca-colas of the world paying about a 3% yield, procterd gamble, even apple is about 2% here, all paying well more than the 10-year. so at some point i think you'll see a rotation out of fixed-income into stocks that pay a decent dividend. > > larry, other than premium, where are you putting your money? > > right now the commodities sector. we have had a mini risk-off mode the last couple of months. people were worried about the debt, worried about the fiscal cliff, and we've seen commodities go lower and lower. i like to look at oil, copper, gold, everything out there right now is under-priced, probably a good place to put your money in the long-term. > > so for somebody who is just watching their portfolio, watching that 401k, should they load up at this point or unload? > > i really think load up is never a good thing to do, nor unload completely. i think that "risk on, risk off" applies to short-term traders. from a long-term perspective, it's not a bad time to be adding to portfolios slowly. as larry mentioned, gold certainly is one p

police say he was walking near lombard street when procter men started beating and kicking him . suffered three skull fractures. it appears the attack was unprovoked. >> we are going to look into the victims background to see if there was a dispute. >> police are hoping crime camera footage will help out in their investigation. in number of people called 911. there was a stabbing death of a woman in southwest baltimore. the victim was believed to be inner 50 her 50's. >> an electrical fire critically injured a man at his home. more than 75 fire crew members responded in crownsville. the victim was pulled from the basement of the home. the fire caused about $75,000 worth of damage. >> pure blood pressure down and that could be beneficial to your brain. >> a multivitamin could help prevent cancer. a new study shows it does not have the same effect on heart disease. >> we're dealing with fire activity in the city. we will >> welcome back. 38 degrees downtown. this is one of those mornings where it could be 10 degrees cooler in the suburbs. you probably have to scrape some frost off

wielded by these companies and i'm on santa we see a lot of procter and gamble's that's on the bottom on sand i mean forty seven million dollars poured into this measure and the opposition to this measure john do you think that any of these industries had to do anything with the vote tabulation and like you just i mean the voting machines the actual casting of the votes here. what they would have to do with it is all through proxies of course right because you can hire people who can do that i mean a university of michigan team of computer scientists went to washington d.c. a couple years ago and showed them how they could break into their voting system and change the mayoral race from one candidate to the other is the winner so this can all be done my investigation of these corporations like monsanto tell me that they will do anything literally anything to win. and vote fraud is just the least of these i mean they want to flood the planet with food. medical engineered about which no health studies safety studies that are reliable have ever been done so to say what would they particip

example of that would be at&t, johnson & johnson, procter & gamble. the best way for our clients to play that right now is through the etf. a little bit of play, taking the market risk and the business risk off the table because they are not going to single security. buying a basket of funds. lauren: th to kind of keep on driving home the etf. certainly has staying power. what else should investors do, if anything? >> for somebody who doesn't want to get into equities to go see some value in high yield bonds as well. they're still have a little bit more juice to be squeezed out of the orange. and to bring home at least some positive total returns. david: how do we get the economy to grow stronger and faster? >> you have to stop things like tax hikes. we start raising taxes reducing the amount of money that's going to the economy, it keeps companies trying to play and grow the business, making them think twice about this. if you want to start growing the economy, have to focus on the things that create employment. if you get a good summer back in the m

companies like american express, xerox, ge, chevron, procter & gamble and honeywell., the white house says he'll call for $1.6 trillion on tax hikes on businesses and the wealthy, more than republicans are likely to accept. speaking at a "wall street journal" event tuesday, treasury secretary tim geithner warned congress against delaying a solution to the fiscal crisis. >> if you say again, as we've had to do before because there was no alternative, we're going to extend and delay, what gives people confidence that people have to negotiate this will come to the table and negotiate? because they'll always believe if they hold out they could just extend again. so i know the cliff is unattractive. it would cause a lot of damage to the american economy. that damage is imminently avoidable. not that complicated to solve. >> joining us now is maury harris, u.s. chief economist at ubs. not difficult to solve. the question is will it be? >> i don't think we're going to fall off this fiscal cliff post-election. the democrats certainly don't want it and i think you'll have enou

they cut stakes in j and j, kraft and procter & gamble.le stakes in ibm and wells fargo. here's a look at how shares are doing. j and j, procter & gamble just barely up, but big losses in deere and kraft. here's a quick look at the agenda in the u.s. weekly jobless claims 8:30 a.m., they are expected to jump 20,000 and there will be a lot of focus on the hurricane sandy impact there. october cpi also out at 8:30. core and headline both expected to rise by about a tenth of a%. at the 10:00, it's the november philly fed survey. and we'll hear from ben bernanke this afternoon. he'll be speaking about financial literacy. they'll focus later today on the economy. now, walmart and target lead a list of retailers reporting third quarter reports today. walmart is up first 7:00 a.m. eastern. its profits are expected to rise about 10%. target will follow at 7:30 a.m. and it's expected to earn 78 cents a share. both chains are girting for the holiday shopping season which officially kicks off black friday. joining us you now, president of sw retail a

ford, procter & gamble, walmart, to name a few. meet i meeting with those business leaders is just what the mayor of includecolumbus, ohio, says recipe to avoiding a fiscal crisis. mayor michael coleman writes an open letter to the president. in it he writes, quote, despite the success youf had bringing our nation from the edge of a second great depression and on to the road to a recovery, your relationship with america's business community has been weak at best, hostile at worst. in order to avoid the looming fiscal disaster, that relationship needs to change. end quote. mayor coleman joins me from columbus, ohio. good morning, mr. mayor. >> good morning, carol. how are you? >> i'm good. thank you so much for joining us. i would suspect that this meeting with the ceos and white house is music to your ears. >> you know, it's a great idea, bringing the corporate ceos of america together, to turn from them being hostile to allies to the president. and here is why that works. yes, go ahead. >> no, no, go ahead. finish your thought. >>

gerri: how you feel because the president met with fortune 500 companies, met with procter and gamble with ge. all these big company chieftains came in, not a single small what will it mean for employers like yourself? >> absolutely it is going -- those four and a half million small business people that create the two-thirds of the new jobs, they are all passthroughs, and most of us are. the taxes are all going up. as i said, if -- as karen carpenter once sang, it has only just begun. let's move on to a whole range of new regulations that will cost us money and jobs. gerri: i hope you'll come back and talk to us at each turn in this saga. we really appreciate your time. it is terrific to see you. thank you. >> thank you. gerri: coming up later, are you saving enough for retirement? new numbers to aim for. a computer glitch led to huge travel problems at one airline today. can it happen again? coming up next. ♪ ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350

heard yesterday from luxury goods purveyor michael kors as well as buffalo wild wings, domino's and proctertheir ads on facebook. fact is there's so much buying today it tells me i'm not alone. do you buy facebook up here? everything seems to sell off in this market after one day or two day rally of good news. so you want to be careful after this move because the market's probably going to go down tomorrow, maybe this one goes down with it. that said if you don't own the stock already i think you should take the plunge if it comes in. today's action tells you that the worst is over for facebook and perhaps the best is yet to come. stick with cramer. look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen min

heard yesterday from luxury goods purveyor michael kors as well as buffalo wild wings, domino's and procter & gamble. they're all saying good things about their ads on facebook. fact is there's so much buying today it tells me i'm not alone. do you buy facebook up here? everything seems to sell off in this market after one day or two day rally of good news. so you want to be careful after this move because the market's probably going to go down tomorrow, maybe this one goes down with it. that said if you don't own the stock already i think you should take the plunge if it comes in. today's action tells you that the worst is over for facebook and perhaps the best is yet to come. stick with cramer. >>> okay. very tough day. now we know a lot of stocks are still going down. remember, the early bird buyer does get crushed. others, the velocity of the decline is starting to break right now. so if you believe in my no pain no gain thesis start to look at the stocks i talked about tonight. maybe do some picking right into the sell-off.

a gathering like this at the white house of top ceos from the likes of procter & gamble, ge, american express, ford, you can name a number of them -- how influential will their comments be on the president, do you think? >> well, one would hope that they would be influential. one meeting doesn't make a conversation actually and i think that these business leaders bring a wealth of practical experience that's important for how the economy operates. they also bring the president and the republicans a wealth of good will in their desire to see the job get done so that we don't go off the fiscal cliff and a longer term -- all these ceos are part of the fix the debt campaign. and the goal is to come up with a deal, something that finally will put us on sustainable path to a better economy and a better debt burden than we have now. >> does their presence, very quickly, nick, give the president and to a certain extent both sides of the aisle cover to make those concessions because they're being pushed by corporate america to do it? >> i think it does, sue, because these gentlemen and ladies

. >>> si, esto de generaicón américa se une a orgullosa de procter and gamble y resalta que daremos un>>> generacionamerica.com/orgullosa es un espacio muy lindo y todas tenemos mujeres que nos inspiran. >>> a mi, mi mamá me inspira y también giselle lovent. >>> una gran profesional y grna madre. >>> les agradezco a las dos pero tacher está ansioso de que bailen! >>> vayan a enseñarlo! >>> (risas). (mÚsica). ♪ ♪. >>> ya regresamos con más! (mÚsica). ♪ ♪. hoy (mÚsica). >>> en menos de 4 minutos unos ladrones se dieron a la fuga con artículos valorados en 1 millón de dólares y efectivo. 10 sujetos participaron del asalto y el guardia de seguridad quedó triado en el piso. >>> el cuerpo de hector el macho camacho lleva días despidiéndose y su cuerpo ha sido embalsamado. >>> hablamos con la perosna que lo trató- >>> cuando llegó a mis manos lo miraba y no lo podía creer. >>> embalsamar muertos es su profesión pero quedó igual de sorprendido. >>> yo lo conocía personalmente. >>> el macho supo que embalsamaba y me decía que me alejara. >>> la muerte los puso más cerca que nunca. >>> por tu me

lori: among the ceos you have just a mold, procter & gamble ceo, pepsico, anybody in particular often the top of your headset to challenge the president and keep him on his toes and keep the discussion lively? >> we certainly have when it comes on taxes not wanting to increase on that front. chevron ceo who has been here challlnged the president of energy, so this would likely be a broader discussion. you really don't have any wall street ceos. ceo of american express is about it. the president will bring them in to further discussions if this continues. lori: he is not ready to confront them yet. thank you, rich. >> yeah. lori: he wants to keep it right here because after the meeting with the president, david cote joins liz claman and david asman. melissa: as we have been hearing the fiscal cliff is getting all the attention the next guest says what you should really be worried about is expanding consumer debt. anthony, why do you think this should be the focus right now? what are we talking about here? >> credit card debt, student loans, private debt beyond consumer credit, mortgage

you see there the ceos of aetna, xerox, american express, honeywell, walmart, ge, dow, procter & gamble, ford, pepsi. these are not people who are hostile to the president, so is it giving him cover? these are big employers. the president needs to discuss the fiscal cliff and taxes with them. what the allegation is is that there are no representatives of small business there and no representatives of the don't touch taxes, the grover norquist u.s. chamber of commerce group represented there. that's a relationship the president doesn't have. >> i think it could be you're right i don't know that all of th you put up that big list and showed all the faces. not all of them are pro-obama. >> but they are not the most hostile bunch about the president. >> and it is a sliding scale. ali velshi, thank you. >>> from the fiscal cliff to what is cliffhanger truly on capitol hill, the minority leader nancy pelosi. is she going to retire? expected to announce her decision later this morning. cnn's senior congressional correspondent dana bash is following some of those developments there. what do you

dow, procter & gamble, ford, pepsi, ibm and chevron.o have had a history of outright hostility to president obama. some of them are supporters. this is a broad coalition of large businesses and they're going to talk about issues like taxation, job creation, and the fiscal cliff. another bunch of ceos who have joined the nonpartisan fix the debt campaign. you'll have seen some of their ads. they're taking iconic ads and making them about the debt. let me tell you about what people are thinking about the fiscal cliff, it's very confusing. i'm hearing a lot of people saying why are you carrying on about this all the time? pew asked a number of people, "the washington post" and pew together did a survey. here's what it showed. they asked what do you think the effect of the automatic tax increases and spending cuts, which are the fiscal cliff, will have on the u.s. economy? 68% said that it would have a major effect. 21% minor effect. 2% said no effect. 10% said they don't know. this is the economy. pew and "washington post" also asked, what

did the republicans m >> practically anybody who was brown or black, procter we anybody who believes that immigration is an issue that needs to be tackled. was a case where the republican party is stampeding towards prevalence if they don't catch up to the new america and the changing demographics. you cannot have a ruling coalition that is virtually all white. you had president obama put together this new rising coalition and put together enough of the old democratic coalition to win. he got more than 7% of hispanics -- 70% of hispanics. young voters. the republicans are missing the idea of trying to expand their percentage of a shrinking electorate. this is becoming a majority- minority nation. this is probably the last time the republicans love a chance to win like this. >> let's talk about why this happened. how about mitt romney? how did he try to reach out to these people? >> i was talking earlier about the fundamental assumptions underlying the campaign. romney's campaign believes the economy was basically going to be the single biggest reason that would turn voters away from

elsewhere on what we might negotiate with the afghan government on a future presence in afghanistan procter we fulfill our commitments to end the war in afghanistan in 2014. that commitment and that presents would be very in scope as we talk about counterterrorism operations and the training of afghan forces. >> last one hour. the meeting with business leaders today, they're making progress on that front? >> the president did not have a meeting with business leaders today. tom donahue and others had a separate meeting with some senior people over here. jack lew and others. that's far the process we are engaged in that i described earlier, an ongoing conversation with leaders on capitol hill, rank-and-file, staff, others, business leaders large and small as well as civic, labor, other leaders will have a stake in this very important debate. >> is expected to meet with other stakeholders to date? >> not unaware of. >> you said you came out here to say that the president had spoken to the speaker and senate to read over the weekend. did you say all you needed to say about that? >> i did. i do

look at this statement put out by robert mcdonald, the ceo of procter & gamble before the meeting sayinge support loophole closures to raise money in the tax code, but only in the -- only in the context of tax reform that lowers rates and moves to a territorial system. well, guess what, lowering rates and going to a territorial system costs money, complicates the job. so, the president will have to try to appeal to people across the spectrum to rise above in the language that we're using in our network right now. their narrow parochial interests and go with national interest. >> you mentioned putting pressure on both sides. labor yesterday, business leaders today. is it asymmetric? will today's meeting have a much different meeting than yesterday's did? >> reporter: well, labor, of course, is explicitly on the president's team. some members of the business community are also on the president's team. you know, you might say that some of the ceos coming today are the usual suspects who the president involved. jeff immelt of general electric, for example, head of the president's jobs counci

kellogg, ford, procter. >> people said holy cow.hat breaks the streak where kellogg hasn't been doing well. howard schultz on friday, he promised on our show right here on our show, he said there's a turn happening. no one believed him. you picked up 10% in a day. >> 5% traffic growth at starbucks domestically. how do you get 5% more to go in the door. it's already crowded. >> the man came on our show right here. he delivers the third. it's pixar. it's marvel then he delivers lucas films and the stock goes down. hello. why? because it was eight cents diluted? >> you mentioned pvh. so your point is what? with this out of the way, you're assuming results will continue to be good. >> this was -- i always like to break it down into a somewhat cynical way. was it risk off that day? was it risk on? no. it was good news and bad news. >> you cited positive execution and you cited m & a, which we don't know if it will be good or bad. we can only assume that disney will do well with this acquisition because it has done well in the past. >> bo

>> and companies like procter & gamble in john boehner's district, those companies who end up callingced approaches in this budget can end up having more influence than maybe even the president with john boehner. >> stand by, everybody. >>> democrats maintain control of the senate as you all know, by winning very close races. the new balance of power in congress. >>> i'm shasta darlington in brazil. obama is a very popular man here. in local elections a number of candidates changed their name to obama to get more votes. the government on the other hand is less engaged because of the economy. the united states used to be brazil's main trading partner. now it's china. >>> i'm leone lakhani. people in the middle east don't like to wake up early. but this lot has been here through the night way before sunrise just to wuch those election results coming in. the u.s. ambassador was here a few minutes ago, saying he felt like he was in a vegas casino. he didn't know what time it was. >> i'm vladmir duthiers in lagos, nigeria, everyone breath lesl lessly waiting to see who would be the preside

the dude from procter & gamble. we'll see whether they make any headway today. although in the last administration, i don't think they really got -- i think they got -- they were listened to a little bit. and when they left, i don't think much of what they said made its way. >> both sides have talked about making a renewed -- >> they're always nice. the whole council he set up for himself didn't meet anymore. you saw the final findings. none of them were adopted. >> hopeful that they will find some ways to make an agreement. >> does everything have to be tactful? does everything have to be nice? >> no, i'm hopeful, though. i'm not even pushing that. i'm hopeful that they will listen and both sides will listen and both sides will make points and they will find some things. >> me, babs and alec are rooming. streisa streisand. they wanted to go last time. i'm going. we're all going to room. sounds like quite a place. >> let's talk about some other headlines. today, california is set to unveil a new attempt to limit greenhouse gases. the state is going to be holding

the best and the brightest, whereas 25, 30 years ago, you went to goldman sachs, you went to proctere. today they're coming out and going to work on their new app. it's not the american dream anymore to rise in a corporation. >> no. but it's the original american dream which is you come to this country and you build a small business and then build a bigger business. that's america's secret sauce. other countries around the world actually come to us at the small business administration and they say, can we copy your program? can we copy your loan guarantees and small business government procurement because we need to build our middle class and we're going to do it by building our entrepreneurs. we do it auto mayically here. >> you hear from critics that health care reform, not just critics on the set here, but business owners frustrated with the administration who are concerned not just about the uncertainty, but the certainty that the health care reform legislation has put in place and the impact on them. is that a fair critique? >> i don't think so. because all the small businesses

>> practically anybody who was brown or black, procter we anybody who believes that immigration is an issue that needs to be tackled. was a case where the republican party is stampeding towards prevalence if they don't catch up to the new america and the changing demographics. you cannot have a ruling coalition that is virtually all white. you had president obama put together this new rising coalition and put together enough of the old democratic coalition to win. he got more than 7% of hispanics -- 70% of hispanics. young voters. the republicans are missing the idea of trying to expand their percentage of a shrinking electorate. this is becoming a majority- minority nation. this is probably the last time the republicans love a chance to win like this. >> let's talk about why this happened. how about mitt romney? how did he try to reach out to these people? >> i was talking earlier about the fundamental assumptions underlying the campaign. romney's campaign believes the economy was basically going to be the single biggest reason that would turn voters away from the president. there wa