with him, father robert barron, also an nbc papal contributor. father barron, if i can start with you, it looks like things have gotten underway on time. can you tell us what's happening right now? >> well, right now the cardinals are processing into st. peters square and while the litany of the saints is being sung. a very beautiful moment. the two new saints are being joined to the role of saints. as the liturgy commences we invoke the great communion of saints. it's a very beautiful and mystical beginning to the liturgy. >> as i went through the rundown, it appears the canonization portion of the ceremony itself is rather short and simple followed by the mass. is that a fair reading of how this will go? >> that's right. it takes place at the very beginning. it will then be followed by the regular, you know, roman rite of the mass. but the canonization takes place at the beginning. >> kathleen, let me bring you in right now. a lot of discussion why these two popes together. they really represented some way different spectrums of the pope's expe

joining us jack hough, "barron's" senior editor.ed, jack. >> this was towards the end of last month. we can't predict the short-term performance of these.com shares but the long-term performance it is almost a mathematical issue right now. if you want to talk about one of them, talk about facebook or twitter, we can disagree. while i might say it is vest expensive. you might say, hold on the he growth potential more than makes up for it. it can make up for one of them. it can't happen with facebook, twitter, google and many other popular names of the problem the overall pie of online advertising dollars, and that is how the companies make their name. they want to today's clicks into tomorrow's ad dollars. we know the pie is going to look like because global ad demand grows at a fairly predictable pace. the portion growing on line is growing quickly but predictable rate and the growth is slowing. so we've got a pretty clear trajectory trade. we know what the dollars will look like down the road. if when you look at combined stock val

zelma berenice barron torres' son ramses was also killed by an agent in nogales in 2011. >> the us government closed the investigation. zelma says she was never contacted. in 2012 guillermo arravalo pedroza, was picnicking on the banks of the rio grande when he was killed by agents. he died in his nine year old daughters arms. juan pablo parez satillan was shot near matamoros just two months earlier. in 2011, in tijuana, a witness says jose alfredo yanez reyes was killed for using his cell phone to record an agent beating a migrant. and sergio hernandez guerica was shot between the eyes under a bridge in juarez. in each case, the border patrol justified the killings saying they were threatened by rock-throwers. but getting them to speak on the record about anything at all proved difficult. >> hi bill, this is wab knew calling from al jazeera english. we're down in nogales az right nowso i'm just calling to see if we would be able to arrange an interview and a ride along with an agent out here. >> well, we've sent emails, about, starting about six weeks ago. >> and why is that? >> yeah. >> yea

here now, fox business's own charlie gasparino and elizabeth macdonald and "barron's" senior editor jackough. what do you think about this? sort of leading man, headline ceo that was there, jack welch. >> jack's successor. melissa: are the big headline guys, is that day over? >> well, let's point out his 20-year alleged tenure he is supposed to have was always kind of squishy. they were always dancing around whether he would be there for 20 years. they were never, they never said specifically he will definitely be there 20 years. i spoke to jamie dimon about this sort of issue, whether ceos get burnt out faster, given everything else that is going on? melissa: yeah. >> i think this is latest line. this is symptom going on for a long time. average lifespan after ceo has been cut dramatically for a lot of reasons, inincluding the fact if you run a big coopany, you have government on your back 24 hours a day. >> to charlie's point, i saw one study average term is five or seven years. melissa: is turnover good. >> ge is now at 25. same when jack welch stepped down in 2001. it was hovering ar

art barron, kpix 5. >> so the great secret of it's a small world. >> yes. >> was that's where you wentd you needed to sit down for a little while. >> in the air conditioning. >> it was air-conditioned. >> it was nice and near water. >> right, paul? >> reporter: yeah. that's the great secret. we have air-conditioning here right now. it's called mother nature's air- conditioning. the onshore flow is kicking up. two things you can be sure of when the giants play baseball. one that we're going to have a near sellout with 99% of them giants fans. and two, mother nature is going to visit too and give us the breeze and that chilly air. she is going to give us the need to bring a heavier jacket even if you are leaving your house and it's 90 degrees outside. it is brisk in san francisco. let's check the currents in san francisco officially. we are now down to 56. we did hit 68. that was before the onshore flow increase. san bruno 59 right now. san jose 75. oakland you have dropped a dozen degrees in the past hour. down to 64. livermore though still holding at 80 degrees. giants forecast partly

here our very own charlie gasparino, "barron's" senior editor jack hough and financial advisor jeremy hill. thank you all three for joining us. is it a coincidence that the market started to geoff nervous and see them grow down and when everybody started talking about high frequency trading. anyone? >> i don't think it is at all. if you look what happened to nasdaq volume last couple weeks it is up 18%. i think it has nothing to do with high frequency trading. i think what is happening the u.s. equity markets are trying to parallel park between tight expectations of economic growth and also in the face of fed tapering and probably not very robust earnings season going forward. melissa: jack what do you think. >> dot-coms and biotech brokers got slammed. dot-com and biotechs are way no too expensive. investors are playing musical chairs and they know it and brokers because of high frequency trading. >> i don't, let's be honest here. the small investor has been out of this market for a long time. this is mainly a market of traders and high frequency traders. i think it is unrelated to w

god bless you. [ applause ] >> reporter: in lancaster, art barron, kpix 5. >> there's going to be an overflow crowd at that concert. >>> let's check back in with paul deanno at o.co. and things looking good, crowds starting to build? >> reporter: yeah. crowds starting to build. it's a week night game and the kids are still in school so we're not going to have the biggest crowd for any game in major league baseball but we are getting a good crowd tonight. we have the kpix 5 mobile weather lab. at last check it was 60 but the winds are gusting to 15 miles per hour. it's getting chilly out here. bring a light jacket. pre-game festivities, love the sombrero. the undefeated seattle mariners are in town. let's talk weather because we have some significant weather changes coming up. we are going to get quite toasty by the time the giants come back to town. current temperature san jose 61. san francisco 57. livermore 62. san bruno 60. santa rosa 58 degrees. your a's forecast first pitch temperature 56 degrees but with that breeze and with the clouds rolling in, you're definitely going to wan

joining me now, "barron's" columnist michael kahn. nice to see you.he problem with housing? >> it is more of a chart thing. that is what i follow. we should get rid of some of the homebuilders in the portfolio just because of technical factors. i think the trend we've seen last summer has broken and it means it will not lead the market higher. david: i want to push you in the fundamental area for a minute though. everybody thought these low interest rates would be continue to be good for the housing market and of course they have been pick up the past year. fundamentally, what do you think kind of turned it around? >> again it isot my area but i tangentially -- david: i'm pushing you there. >> i know that the fed spooked the whole market -- david: six-month comment. >> yeah, the six-month thing. so that spooked the market. i think there was decoupling of stocks and bonds. they had been trading in a certain way, actually it is not, not even historical pattern they have been following. just a decoupling and you don't know which way one is going. you can

. >> zenon barron: the most important to me is to preserve my culture. >> thinking globally, this timepark. [ ♪music ] major funding for spark is provided by the william and flora hewlett foundation, supporting creativity and innovation in the arts since 1967. and by the kqed campaign for the future program venture fund with additional support from the walter and elise haas fu

safety standards committee members peppered her with questions about why they kept using the devices barron said she wants to find out if engineers take part in a coverup. i became aware of an issue that was being examined. i didn't know the specific issue in december thirteen late december and thirteen. iran has announced a prominent lawyer to conduct an internal investigation and she said he has free reign to go where the faxed to the gym gm officials will face more questions in front of a senate panel. the world's two biggest car bomb makers are again locking horns in their long running court battle lawyers for apple computer accuses samsung electronics of infringing on five patents owned by the us for. they told the court in california the apple one cents on to pay more than two billion dollars in damages. lawyers for cents on the q's apple of violating two candidates they're demanding about seven million dollars in royalties. apple lawyers told the court the us company created innovative designs and functions the sentencing increase sales by infringing on apple's patents sense an attor

tim barron. >> thank you, mr. speaker. with the prime minister agree with me people living in rural britain have as much right to decent only and safe health and hospital services as anybody else? and if he does, if he does, will he help intervene directly and help me personally to ensure the hospital trust will not downgrade, sell off all her clothes the general hospital? >> i do representing a row constituency i know how important it is people have access to good health services to idle not important it is -- i know how important it is, the key to success in so many of our areas. he asked me to look into the specific case and i'm happy to do that. >> thank you, mr. speaker. in the light of this week's historic visit by the average person, building on the legacy on her majesty's historic visit to ireland in 2011, will be prime minister agree with me that irish relationships have ever been stronger and effort to build lasting reconciliation across these items we need to -- the full commitment of his government along with t

tech came back even though barron's had a cover story saying there's more to come on the downside foran, it's very interesting. i think we utilize an approach that embraces diversification. and i think the market activity last week really stressed that. so we, we buy both value and growth stocks. if you look at the percentage of the market that was really hit last week, the stocks that have done extremely well are the biotechs and the internet stocks, and that's only about 8% of the market cap of the total market whereas the tech bubble was about 33%. liz: well, remaining as calm as you are, let's give people your picks at the moment. by the way, i want people to know many of her picks have very low price to earnings ratio meaning their inexpensive at the moment. ing, for example, which is a financial services company. >> yes. it's really interested, it's trading below tangible book, trading around 0.85 times tangible -- liz: by the way, the pe is 6 here. cheap. >> it has high leverage to a recovery in europe. the bank is restructuring, it was a financial conglomerate as you mentioned

here now our very own charlie gasparino and "barron's" editor jock otter and barry levy. charlie, seems like almost every day this week we get to the hour and all of sudden it starts to head south. >> jamie dimon is blamed for unrest in the world including this market. i just want to get that out there i will score points with the administration. i will say this market is very highly correlated to financials. melissa: yes. >> hates bad news coming out of financials. i know wells fargo did pretty good today in their earnings. jamie dimon didn't. what the market tells us as the day goes on starting to pick up losses. the word next week about morgan stanley and goldman sachs and some of the other financials, if they underperform, this downdraft we're having in the market could turn into a 10% correction. melissa: jack what do you think. >> ily it also has an awful lot to do with the glamour stocks, twitters and facebooks and teslas that were doing so well. hey, if you will buy twitter 40 times future earnings, probably won't hit, why not own jpm at 11 or 12 times earnings? t

joining me now, charlie gasparino, jack otter of "barron's" and jonathan hoenig of capitalist pig hedge fund. jack, what do you think, does he have a shot at this one? >> i think he has a shot but problem with jumping on this, assuming the defense department says, sure, anybody can send a satellite off with top security. this is -- melissa: he made it into the space industry. no one thought he could do that. this seems easier. >> i think he is capable technologically -- melissa: he got the contract. he convinced them to give him a contract with spacex? >> this is highly sensitive stuff. they want to make sure he is a good relationship and doesn't turn into edward snowden guy on the. >> look at phil falcone, that he went through with lightsquared and how he thought he had approval, from i think it was from the justice department to get that part of the satellite and he didn't. and it screwed up his whole business model. when you deal with the government it is very touchy. listen, he is not betting the ranch. that was phil's program he bet the ranch on that business model. he is not doing

for decades, committee chairmen were like political barrons, running almost independent of the senatend house leadership. boy, after the last decade, that's all changed. leadership runs everything and committee chairs have never had less influence, and many are simply throwing up their hands and leaving washington. former senate finance committee chairman, max backus, their efforts hardly made a ripple. 20 years ago, it would have been different. now, they're leaving. others are leaving congress, too. it's happening in both parties. today, a look at the end of the legislative era by the numbers. today, 23 house members are retiring, 13 republicans, 10 democrats, a total of 248 terms of experience are leaving the capitol before next year. that doesn't count members of congress who are stepping down to run for another office. you have six committee chairs and ranking members in the housecalling it quits. including camp, who served 12 terms, announced this week he won't run for re-election. armed services chair buck mckeon in washington for 11 terms. doc hastings calling it quits after t

the barrones said that's enough reason to stop discussions all together. >> people being executed appearbe suffering pain and inhuman treatment because of the effects of these drugs which apparently, you know, are being kind of experiment. so, i think that's uncivilized. >> 39 peel were executed in the u.s. 38 by lethal injection. one by electirocution. because of this controversy, states like alabama,shire a ohi oklahoma have been forced to postpone discussions. >> the court issue in the battle over secrecy is whether new drugs cause pain and suffering. lawyers for death row inmates have argued the 8th amendment for byrd cruel andnub punishment. courts say there isn't any proof to stop using the drug. let's bring richard dider, the executive director of the death penalty information center, a nonprofit organization that provides information on capital punishment. thank you for your time. let's sort of take a step back and move forward on this. so the drug that's been used in executions for years and years and years is now in short supply. so where are states going to get this new mix of

barron and broedy and they're taking a look at their ipad. very interesting but they're also excited about the giants. i want to show you their piercing blue eyes. are you guys excited about the game? >> we're ready. >> you're here early, that shows. >> the public house is actually open right now. you can come down here and join us, as you know, as the morning draws on, we'll have a big crowd out here. stick with us on "today in the bay" and be ready for a warm day. whether your city will break a record. upper 50s to low 60s and end up in the mid-80s before the day is done in most cities. and, hey, we could see 90 degrees in the north bay and 85 degrees along the peninsula. watch out for some fog along 280 and around daly city. happy giants day, mike. >> happy giants day, christina. good to see the crowds out there and the young fans and their parents. looking over here towards the bay bridge, which will get crowded basically after that morning commute we'll get that into the city commute, as well. folks will get that home opener, 1:35 for th

i'm a huge fan of sasha barron cohen and andy kaufmann. and this is my vibe.] >> seth: all right. and "america's got talent" is starting up again. >> yes, we are super excited. this is my sixth season hosting the show. and to have howie mandel, mel b., heidi klum. and of course, howard stern back. >> seth: it must be really fun to just, meet these people who have a chance at something they wouldn't have had otherwise. >> you know what it is. i empathize with the performers on the show. being a performer myself. watching them step on the stage at radio city music hall in front of america. and strive for something, they come straight from an everyday job, middle america. and they have the opportunity to become a star and win $1 million. that's the best job ever to see how happy these people are. so it's amazing. >> seth: if everything breaks right they could be the next connor smallnuts. >> exactly. [ laughter ] >> seth: that would be totally through the looking glass. >> there it is. >> seth: all right, nick cannon, everybody. check out "white people party musi

as the housing market improves ever so slightly, barron's thinks home depot's stock could rise as much here yet again. home depot up 25%. make the case. >> well, the case is, first of all, it's spring which is the right time to be in the home improvement business, and this place is being run really well. they have a great management team, maybe one of the best in retail. they've made it a very efficient operator. and they're doing a good job picking off customers from sears. stuart: but is the housing market strong enough? i mean, it went up, it plateaued. it's not exactly robust. >> it's kind of plateaued. there are good signs for the longer term. household formations are actually running above the norm for the past 20 years, that's a big step in the right direction. stuart: you always move the market. you know that. i mean, you say home depot's going to go up 25%, and on monday morning up goes home depot. not 25%, but a nice little bounce for that stock. you're a powerful guy. >> all right. stuart: you happy with that? >> we'll take that. [laughter] stuart: i knew you would. phil, th

barron's editor joins us now. he is beating up 3d systems again.-doh factory. when you said that, they were $64 per share. now they are down to 47. you are beating them up again. >> what we notice last week is they have no competition, that is something we warned about earlier, competition can come out of left field for this sort of company. it has come out in the form of the company making the same product as there is for a lot less. stuart: that is competition, isn't it? your stock is post, the cereal company. make the case. >> people are eating less cereal but moving very wisely into energy snacks and shakes. those kind of snack bars people like so much, run by a ceo who has a long history of making money for shareholders. when you invest with him, you tend to make a lot, the stock has dipped. we think it is a good entry point. stuart: upside this time. you don't like that you move the market, do you? thank you very much for joining us. >> thank you. stuart: take a look at facebook stock right now. we are up about $1 last time i saw. just shy of

tim barron. >> thank you, mr. speaker. with the prime minister agree with me people living in rural britain have as much right to decent only and safe health and hospital services as anybody else? and if he does if he does, will he help intervene directly and help me personally to ensure the hospital trust will not downgrade, sell off all her clothes the general hospital? >> i do representing a row constituency i know how important it is people have access to good health services to idle not important it is -- i know how important it is the key to success in so many of our areas. he asked me to look into the specific case and i'm happy to do that. >> thank you, mr. speaker. in the light of this week's historic visit by the average person, building on the legacy on her majesty's historic visit to ireland in 2011 will be prime minister agree with me that irish relationships have ever been stronger and effort to build lasting reconciliation across these items we need to -- the full commitment of his government along with the

there was a lot of talk, barron's over the weekend talking about $85 a barrel oil. this will be a tax break if you want to frame it that way for consuming nations, potentially in this country as well helping consumers who need a little relief right now. do traders expect this to happen. >> we heard from bp earlier today, one of their executives talking about the fact that more regulation likely to defeinitel depre depress commodities including oil. oil has been kind of in this flat mode and we could likely see, if we see more regulation, perhaps we could see more pressure on oil prices as well. as many of the other fundamental issues that some of the traders are watching that could continue to keep prices down. >> although if i could just play devil's advocate, i had a guess on last week who is a recently retired energy and commodity trader of many years and he said he's never seen a more precarious moment globally in terms of potential crude prices because of the geopolitical issues we all know about whether it's iran, the new issue was russia in light of sanctions

i'm jim mcteeing, "barron's" financial magazine. this is a very important issue for our readers. the question i have, is this purely republican versus democratic disagreement? or is it really a geographic disagreement? and if it is geographic primarily, how is it experience of people in border states will legal immigrants different than people like us who live in the d.c. metro area where immigration seems benign? is there a difference in experience? >> who wants -- >> let me talk about the politics and someone else can talk about the regions. i wouldn't call it, part of what we're seeing here there is less of, in some ways despite the partisan, you know, butting of heads and gridlock, in some ways there is less of a partisan divide thaw might argue. i think, any administration will prioritize. any administration will stay say the border is really important. when the republicans look at that honestly and without putting pressures adding deterrent to bored surreally good thing. adding deterrent to the border is a good thing. that's what obama has done. in spite of ways that they c

it was written up in barron's over the weekend. biggest genetic killer of any disease is this.op a drug for due shane muscular dystrophy which kills young men before they're 20, 25. there's a lot of pressure to get the fda to move on this. the company has gotten guidance from the fda on what it needs to do to get fast track approval. they didn't get it back there in november. literally they are in phase two trials. twins. one brother was getting it. the other was not. his disease was stabilized. it is in phase 2. it's not phase 3 yet. i'm not sure whether they can do it phase 3. they the did talk to the fda. they've come to some type of agreement how to get expedited approval on this drug, the first for sarepta. it is a situation where 100,000 people signed it. get the fda please moving on this. it seems to stabilize people in phase 2 trials. these people are in need. so that's why that -- every other -- you can see every other name. much look his father, fred davis, son of clive davis, will join us to discuss a lot of things. things. polar vortexes, road construction, and gapi

. >> there's no ron barrons or peter lynchs that put all their money in cash or treasury bills and got 15 or 20 years, is there? >> the stock market masters are not trying to win on a second-to-second basis so i why don't we listen to them and try to glean some of their ideas. >> all right, jim, thank you. we'll see you in a few minutes. >>> later the gm ceo is back on the hill today. it's the senate's turn to question mary barra about gm's recall crisis. that's coming up in the 10:00 hour. "squawk box" is coming back in just a minute. just a minute. so ally bank has a raise your rate cd that won't trap me in a rate. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. i just ah woke up today and i said i need something sportier. annnd done. ok maxwell, just need to ah contact your insurance company wi

barron's named him one of the top financial advisers for 2013.i am. >> also with us is mike vogelsang, his firm has about $2.5 billion in assets under management. are you in a position to speak for wells fargo on anything? >> i can relay the information that they've put out. >> normally we'd book a strategist. >> right, right. >> what are you doing with your clients then right now? the clients that you're trying to close on deals right now must think you're a big muckety muck at wells fargo. >> i don't know about that. from our standpoint, we're looking at asset allocation. you all talk about it a lot on the show. we're concerned about what i would call a generational change in fixed income where you're not going to be able to get what you were able to get in the past. we're looking at alternatives there, not necessarily alternatives in the traditional sense but other things, be it reits, et cetera. >> how many guys are in your group, retail brokers in your group? >> i'm really the only -- >> how much do you manage? >> 15.8 billion alone. >> just

. >> hey, matt, barron's had a front-page piece calling for $75 oil. do you think that's realistic?far? >> no, i don't see it. once prices get down around 85 bucks, i think opec will panic, they'll ramp down production. i think there could be downside, to get to 75 bucks we'd need a global recession. that's what that piece said, i believe. >> matt, will you now interview rebecca about currencies, please? she's here to talk currencies. do you have any questions about how they'll impact the price of crude or natural gas? go ahead. >> okay. well, there is this inverse relationship between crude and the dollar. how do you think we'll see the dollar react in terms of -- >> this is good. >> in terms of manufacturing data and nonfarm friday coming up. >> sure. a lot of the market is looking at yields and expecting that higher u.s. yields will be one factor that lifts the dollar but a lot of that is priced into the market. i think to see the dollar rally in a meaningful way you need more than u.s. yields inching higher. we talked about the current account deficit shrinking earlier. i think

good article in barrons over the weekend. 1.3 million new jobs being created this year.temporary in nature, not the full time with benefits that we want to see. but there are some positive signs in the economy. we have to watch china. that's the key. >> i want to talk about zeke emmanuel, which, of course, we'll book him on the show. he made a prediction about health care that is is certainly raising some eyebrows. >> yeah, it is. obviously, the brother of rahm emanuel. a new book coming out. that's why you need to book him. >> okay, we'll book him. >> i have not obviously read the book. what. >> is zeke saying? >> that companies are going to drop all their health care plans by the year 2025. >> what? >> and he obviously is taking some heat from that. but what he is saying is, hold on, i'm not saying that companies are going to ditch it to sort of, you know, screw over the american worker. his whole goal is that the exchanges now that we have through aka will get good enough that we may not need some of the employer-sponsored plans. so he's in that you're the boss blog i

last but not least, we are watching prices under $100 a barrel, but, you know, you have that barron'sh political and demand issues, they really don't think we'll go that low. last but not least on the gasoline side we saw a drawdown of 1.6 million barrels and distallates a build, but the numbers not really so accurate for this week. a very interesting report. guys, back to you. >> okay, thank you very much for that. 75, that would be an issue. >>> okay, gm is bracing for further bruising cross-examination. hearings have just begun in the senate after the house yesterday. and you see some of the opening statements being read there. we will talk to a company that is organizing a class action lawsuit next on cnbc. .ng an indy can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplif

>> "barron's" did the top 100 financial advisors.ial advisor they surveyed, 55 years old, been in the business something like 30 years. you're offering something different. >> yeah, a completely new market we're creating to make basic financial planning a true consumer product. i want it to be as accessible as a gym membership, as weight watchers, we pulled on the former ceo of weight watchers as an advisor. it's making something available to the masses with a $500 a year subscription. >> you were on the program a long time ago. you're a lot smaller than you are now, and we'll continue to watch the evolution. it's been an amazing story. >> thank you. >> alexa, the ceo of learnvest. >>> when we come back, the next guest made history yesterday becoming the first american to win the boston marathon in over 30 years. meb keflezighi will join us live in a few moments when "squawk on the street" comes back. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great f

i know that you're down there, your organization is hosting a slew of different companies, from barroness? >> well, first of all, you've had great people associated with this tournament from the start. you had that great leader, president eisenhower, all the great respect for. and then bobby jones, who was world renowned for his great manners and his great play. and then, after those two, we had obviously clifford roberts, who ran the tournament with great discipline. and the tournament has just got better and better and better, and people want to be associated with class. and this golf tournament is the best-run golf tournament in the world, without a question of the doubt. of course, a great advantage in having the tournament the same place every single year, they know exactly what to cater for. and on top of it, there have been amazing finishes, always dramatic, and people like that and the coverage goes throughout the world, and people obviously want to be associated with global business. and america personifies that. global america. >> gary, one of those global businesses, ibm, ha