>> i would say there is a favorite word of analysts, biforicated. if you want to use the wall street main street divide you are seeing companies work harder to try to make profits. eventually that has to lead to reinvestment. you have to believe these companies will use the profits and grow and that what we are going through will shift. >> what are you telling investors right now that are worried about what to think? >> there is a lot to be worried about. there has been a lot to be worried about for 40 years now. the stock market is up exponentially. we shifted some concerns into now the fed used to be doing too much to now the fed is going to stop doing so much and stop distorting. so the concern has shifted somewhat. ultimately it gets back to what i said before which is the environment matters. it is going to be a move. we have had many move and we will have another after that. until something changes fundamentally, interest rates spike high the bias for equity is almost always higher. in the immediate future there is some stuff to worry about. i

we think that what you see in the market is kind of biforicated. you kind of come to a fork in the road. small caps have not been doing well. large and mid caps have been doing well this year. we think as you look at this you try to find the companies that are the good value and have good earnings and have been going up. those are the ones that might wind up being bought out. >> whether looking for deals or solid companies give us tips or industries where you are looking. >> right now we think there is a real long term play in the energy infrastructure area, the natural gas story. know a lot of people talk about it. anytime we get the market struggling periods in here that is where a lot of activity took place especially last year. we look for more of that to take place on any weakness. we want to get in there and own as much space as we can going further. >> energy higher despite the fact that oil is down. which names are you looking at or which industries are you looking at for consolidation? >> as far as consolidation goes i think there is in th

. >>> new tonight at 5:00, the proposal to hike utility bifor people in our why it seems so few people really care about paying more. p >>> here are some of the stories making headlines on nbc 10 news at 4:00. investigators confirm the death of actor robin williams was a suicide. police revealed williams hanged himself with a belt in his home. his assistant discovered his body. williams had been battling depression. he was 63 years old. >>> revel casino will close next month after failing to line up a buyer. more than 3,000 jobs will be lost. the company says it still hopes to find a buyer through the braupt s bankruptcy process. it would be after the casino shuts down september 10th. >>> what went wrong and will more casinos fall? >> we are about to get some insight into that from a gaming law professor at temple university. he was the ceo of a river boat gaming company, the first in the midwest. the market is said to be oversaturated in atlantic city. is that one of the reasons revel had so much trouble from the beginning? >> it's one of the reasons but not the only reason. it was t

this happens after a bicyclists was killed by a driver on center and bifore.o this morning told us about how vehicles drive on center and how the accidents may change their behavior. >> people are not paying attention. this is in the daytime. you would see it early in the morning if you're out here for a while. all the people trying to cross the street. >> yes i have jaywalked before. but, yeah i think i'm betting safe than sorry to crosswalk would be good to use. >> here's video we took in the last 20 minutes showing pedestrians waiting on center road at the crosswalk where one of the accidents happened. the cars aren't stopping even though the light is flashing, signaling a pedestrian is waiting it takes eight cars to pass before one finally stops for a pedestrian. san jose police say they need more leads in both cases and they say anyone with information on either hit-and- run should contact them right away. investigators need good transcriptions of the vehicles in either case. >>> a volcano erupted in iceland and this could affect air travel plans for mill