buy a house and boomers have more money to outbid them. >> trevor: that's right, boomers are dominating tv. whoo! living their best lives what's best for them. this sucks for us millennials. this isn't the plan. you boomers were supposed to get old and we would sell your shit and move you into gnarsing home where you get all the jell-o and geriatric hand jobs you want and we get to take your house. you get to destroy the plan et and we get the rec rooms, damn it! young people in particular in a difficult spot when it comes to buying a home and they really only have two choices. they live in the woods, you know, make a home out of sticks and mud and join book clubs with squirrels or get really creative. >> a new trend hitting the housing market. >> millennials are teaming up with friends to buy their dream home together. for a lot of these new homeowners doing this is the only way they're able to afford the home. >> a growing numbers of americans were abandoning cities and flocking to suburbs finding dream homes in far flung places. >> more millennials are buying fixer uppers. a big draw

boomer. chef. none were already in the green from our last purchase in less than 24 hours. you know, boomer, we have $44106.00 ounces of gold and our reserves, or $79000000.00 down 0.37 percent from a year ago. if we had sold it a year ago and bought bitcoin, it would now be valued at $204000000.00. well, this is one of the benefits of being in big coin. it's a right of passage. everyone gets to don, campaign or chef. now we've been donkey on him for 10 years, almost, and he's been around for team years. he's the worst money manager of the century. and now president o'callaghan said don gone, peter chef, it's fun. you know, everyone gets that opportunity and he seems to enjoy it. so he's the kid in class that enjoys getting, you know, beat up for whatever reason. anyhow, we're going to take a break and when we come back, much more coming your away with london. just love polls, particularly when polls further a certain political agenda, but polling has a checker history as of late the last 2 electio

and here is the, the millennial versus boomer moment. right in this tweet response, epic kelley had to boomer chef. none were already in the green from our last purchase, in less than 24 hours. you know, boomer, we have $44106.00 ounces of gold in our reserves, or $79000000.00 down 0.37 percent from a year ago. if we had sold it a year ago and bought bitcoin, it would now be valued at $204000000.00. wow, this is one of the benefits of being a big claim. it's a right of passage. everyone gets to dont compete or chef. you know, we've been donkey on him for 10 years, almost. he's been wrong for team years. he's the worst money manager of the century . and now president mckelly gets it done. computer chef, it's fun. you know, everyone gets that opportunity and he seems to enjoy it. so he's the kid in class that enjoys getting, you know, beat up for whatever reason. anyhow, we're going to take a break and when we come back, much more coming your away with join me every posted on the alex simon. sure. i'll be speaking to guess what the world p

but kelly had to boomer, chef. none were already in the green from our last purchase and less than 24 hours . you know, boomer, we have $44106.00 ounces of gold and our reserves, or $79000000.00 down 0.37 percent from a year ago. if we had sold it a year ago and bought bitcoin, it would now be valued at $204000000.00. wow, this is one of the benefits of being in big coin. it's a rite of passage. everyone gets to duncan, peter chef, you know, we've been donkey on him for 10 years, almost. and he's been around for team years. he's the worst money manager of the century. and now president kelley gets that don, computer chef. it's fun. you know, everyone gets that opportunity and he seems to enjoy it. so he's the kid in class that enjoys getting, you know, beat up. for whatever reason. anyhow, we're going to take a break and when we come back much more coming your away. ah. so what we've got to do is identify the threats that we have. it's crazy confrontation, let it be an arms. race is often very dramatic. development

it is the largest generation gap since boomers came along.ou can all remember don't trust anyone over 30 if you are that age and have some sense of how this is rattling its way through american society. you may also notice that we use the term the pluralist generation as opposed to the gen z nomenclature because gen z does not tell you anything about the generation and it is time to learn why we think that the right name is the pluralist generation. i will turn over to my co-author and great friend. >> thank you, put up slide two. thank you. this is the first minority majority in history. the amount of white people has been cut in half from the owes generation to the younger generation and by contrast, the largest -- the percentage of nonwhite people, particularly hispanics and increasingly asians has more than doubled. this generation, the plurals are now the first majority minority generation in u.s. history and if current trend persist, by mid century, the entire country is going to be majority minority. rather than one single majority gro

we should not be rooting for all-time highs it doesn't help us all we're doing is taking the boomers out of their stocks at the best price possible. you don't want to take the boomers out of their house at an all-time high price, why do you want to take them out of their stocks you are a forced weigher if you're my generation forced buyer of stocks in your retirement account for the next 30 years why do you want record highs so when we see volatility i'm tweeting buy them. that's just the way i am by the way, it actually works. so take that for what it's worth. >> have a great event. >> i know you have to get ready. >> thank you for all your support. the whole time i've been doing this you have always supported me and your team thank you, buddy i love you >> you, as well. there it is, cnbc.com/investing club, do the qr code and it will take you there and you don't have to remember the website i told you to go to and there it is on the screen you have a good one, my man. >> let's kick off the conversation jim lebenthal about apple because you have upped your own price target all along

[laughter] >> what a boomer. kennedy: kevin, you should get this one.hter's use this all the time. you want to hear in a sentence? >> i mean, i am extra okay? it's over the top, too much. a gay man on kennedy. kennedy: i will give you one and a half for that. because you said gay man on kennedy and that's my dream. it's like every dream for mennonite. and here we go. thank you for making my dream come true. spike, your word is sus. >> oh, suspect. that's that came from the kids. kennedy: absolutely right. you get one for that. kevin and spike, you are tied. you can catch up with this. i still don't know what this means and they defined it for me. soup. would you like to hear in a sentence? >> i do know this one, i do but put in a sentence. kennedy: you get half off if i use a sentence, it's a numeral i made up. >> okay, i'm going for negative points here but i really do know this one. kennedy: he buys her jewelry and expensive shoes and she still says they're just friends. he's a total -- >> you just defined it. it's charlie, he needs help. [laughter] >

thanks to kevin for boomers, fast feet in the box. glad back. now go into the winter break on a 5 game winless street. so the bonus like a sound like i'm said done. so let's take a look at all the results so far from matched. a 17 hatter, defeated dorman, as we saw below feld stand, abby leipzig, frankfurt big might bochum down on yon berlin foot, shared the spoils without berg on sunday, fryeburg faced leverage. susan and cologne. battle with short cat. and that's all the news now. sports life is up next on the channel after a short break. looking ahead to the 2022 world cup in guitar. stay with us for that and have a good day with me. ah, what people have to say matters to us, but me that's why we listen to their stories.

they can turn quicker than gen x or the baby boomer generation.t's consistent throughout our markets. taylor: we appreciate the concise answers and direct insight into the business and the world of retail. we will be back in a moment. we will dissect everything we've talked about today. this is bloomberg. ♪ >> were going to look back at the last two years and call this the great retail pivot. >> shoppers are going into the store, they see what they want to buy, and then they go home and buy it online. or they go online and see what they want to buy and then go into the store. so the basket is much bigger than it has been in the past. >> at some point we should be 20 minutes or less. we have products close to the consumer. let's find a way to deliver that product faster. >> neckties and sport coats and tech sedo's, people have adopted a lifestyle that is reflective of what they wear and in many ways it is an outdoor lifestyle. >> it's about 6%-7% higher when it comes to shopping online since 2019. however, as soon as they are able to get back into

compared with baby boomers, only 4% of any boomers have any crypto the numbers suggest it is a main sourceth for many millennials. half of them plan to add to their crypto investments over the next 12 months only 6% planning to reduce their crypto holdings. millennial millionaires are bullish on other investments as well most plan to add to their equities next i don't remember they had the highest forecast of any generation on the economy, interest rates, and inflation. tyler, they like everything right now, and they want more of it back to you. >> robert, thanks very much. robert frank. >> what's wrong with that? so we like stuff justice tooezing. >>> up next, we continue our "power lunch's" dryer's manual breaking the auto industry down to find the best auto investments. we have built the cars and maw we are looking at ere whto buy and sell them. stay with us for that. at fidelity, your dedicated advisor will help you create a comprehensive wealth plan for your full financial picture. with the right balance of risk and reward. so you can enjoy more of...this. this is the planning effect.

consumers, taxpayers, officially the taxpayers that will fund social security for the retiring baby boomers, 80% of whom are white. to what extent do you find mostly white people running the big institutions and society, the banks, investment funds, have a sense of these changing, underlying dynamics and see it in their self-interest to build institutions that can build more opportunities in minority communities? tulaine: i would say it is still the exception versus the norm, to frame equity as an impact mandate as opposed to a diverse city strategy. in my opinion, diversity is a lovely byproduct, but not the end game when it comes to investing in proximate entrepreneurs turn proximate entrepreneurs have the most innovative solutions, the broadest and deepest level of exposure to the data necessary to identify what is needed and build a sustainable model. these are entrepreneurs who are gathering evidence earlier in their development than their peers. because of the level of proximity, there is a sustainability factor that proximate entrepreneurs are poised for. some interventions were not

we are going to experience the greatest shift in capital and wealth as baby boomers turn over controlf assets and family wealth to the next generation. in the younger generation cares about environment, sustainable investing, racial equity and transparency is important. systems have to change. it will be driven by the customer and the banks will have to respond or they will become obsolete. the shift is much more than a big banks saying we are going to do a program over here that invest in some black companies. i don't want to demean that effort but it is not enough. we are going to see a huge shift to where we can shift capital and ownership and generational wealth. >> remind us how you are trying to accelerate some of that change yourself. >> focusing on distribution of capital to divers managers, divers founders. we are going to create new technology that redefines risk. if you look at how risk -- risk his defined in a way that defaults to the same managers of capital and leaves out access to managers who are diverse. that is a shift that needs to happen. taylor: appreciate your ti

study also found that millennials were more likely than baby boomers to donate. that's your cbs money watch report. for more head to cbs money watch.com. at the new york stock exchange. >>> a live look at downtown oakland this morning where the homicide rate just hit a ten year high. in an interview, betty sat down with a bay area hip-hop legend and community activist to find out how he is trying to turn things around. >> i'm not afraid to shed tears about where i come from and how i feel about my people and my city and my culture. it's real. >> emotional mr. fab reflecting on a violent year in his hometown of oakland. >> something that troubles me and it's very baffling for me to understand is when law enforcement kills us, we are in a major up roar as we should be because they are set to protect us. why are we silent when members of our community kill members of our community? where is the uproar? >> the rapper, businessman and community organizer is making noise in his own way. he recently started a meeting with police chief and the lieutenant. >> what is the

the judges applauded williams on a product rebuke of the aspirations of the boomer generation, all theits wit and avoidance. harrow is a major contribution to the library of eco- fiction. >> congratulations to all of the finalists. the winner of>> the 2021 kirkus prize for fiction is harrow by joy i williams. joy is not able to join us live this evening so she sent a message with her publisher. >> oh wow, thank you. before i read a statement from joy i want to just say thank you to this incredible group of finalists for your work. she is honored to be in your company. what a group. she says i am so grateful to deb garretson, joint, she's grateful to everyone past and present who helped bring harrow to the finish line in beyond. to my agent imagine urban and multi atlas into kelly blair for the striking cover design. i think of this book which was formed over so many years as an existence unto itself quite apart from the writing of it. the readers and judges of kirkus by commanding and honoring have given harrow for their presence, thank you, thank you. >> and now for the final category

baby boomer president bill clinton painted dole as a fixture of the past and easily won a second term. growing up in russell, kansas, dole was a star athlete in high school and joined the army as a college freshman. he suffered grievous wounds in italy that would cost him the use of one arm. neighbors raised money to pay for several surgeries, and later sent him to congress. >> when i needed help, the people of russell helped. and i think -- >> reporter: gerald ford put dole on the ticket in 1976n the on their watch. >> if we added up the killed and wounded in democrat wars in this century. >> reporter: the backlash hurt dole and ford, who would eventually lose to jimmy carter. dole spent 27 years in the senate. quitting his post as majority leader in an all-out bid to defeat clinton. >> my tame to lead this office has come and i will seek the president with nothing to fall back on but the judgment of the people and nowhere to go but the white house or home. >> reporter: with that defeat, dole became the only person to lose as a presidential and vice presidential nominee. >> thank you

baby-boomer president bill clinton painted dole as a fixture of the past and easily won a second termgrowing up in russell, kansas, dole was a star athlete in high school and joined the army as a college freshman. he suffered grievous wounds in italy that would cost him the u.s. of one arm. neighbors raised money to pay for several surgeries and later sent him to congress. >> when i needed help, the people of russell helped. and i think -- [ applause ] >> reporter: gerald ford put dole on the ticket in 1976. in the vice presidential debate dole blamed democrats for wars on their watch. >> if we added up the killed and wounded and democrat wars -- >> reporter: the backlash hurt dole and ford who would eventually lose to jimmy carter. dole spent 27 years in the senate, quitting his post as majority leader in an all-out bid to defeat clinton. >> my time to lead this office has come, and i will seek the president with nothing to fall back on with the judgment of the people and nowhere to go but the white house or home. >> reporter: with that defeat, dole became the only person to lose as

. >> boomer: there is tua tagovailoa of miami. won five in a row.

so let's take a look now at all the boomers legal results so far on it matched a 70 fryeburg, a beat susan hertz, had defeated endorsement spiel, fell that stunned abbe leipzig and frankfort beat mice off. and i am andrew with glad bach bull home down on yawn. berlin and foot shared the spoils with owls bark . byron, a dismantled vol. score on friday and cologne are right now battling just got as soon as update up as our i'll be back with more headlines at the top of that with the landscape. a reflection of a turbulent history. the cities, a mosaic of different people and languages. iran's mountains reveal unparalleled beauty. the scenery is magnificent, but people are warm and our position is exceptionally ah, a special look at a special country. iran from above. starts december 27th on d, w. ah. this week unwell stories. do hon is burg fighting the corona virus. a dispute over a coal mine in britain? but we began in ukraine. there was international concern about the deployment of russian troops on the countries east in border how i residence in the border region handling the threat

a lot of people believe the baby boomers took early retirement during the pandemic. because their stock portfolios and the value of their houses have gone up so much because of the federal reserve, low interest rate policies. and also the united states is an incredibly entrepreneurial nation. and indeed, the other theory is that a lot of people have simply decided that they don't want to work for somebody else, that they want to simply open their own business and work for themselves. so all of these factors are contributing to what we are seeing right now is the great resignation. very briefly, patricia, the markets and economies around the world. they liked this wonderful thing called stability. would there be more stability if americans started spending between thanksgiving, which we just had and the holiday christmas season just around the corner? of course, would that be most ability if they started spending, as they used to spend before cove, it hits american consumers are spending up a storm. actually, they have very high savings rate because of the pandemic. a

now, we have millennial's coming into the market trying to buy first homes, we have a lot of boomers who are downsizing, and we have all these people in the market at once and there is not enough supply to get there. we need to work on adding new inventory as well as focusing on getting more existing homes on the market. >>> you can catch our full interview with is a low streaming at 8:20 tonight on cbsn bay area. we are always on at kpix.com and the kpix app. >>> with omicron spreading and mask mandates back in place, a lot of people may be wondering if the masks they have on hand or enough protection? tom wade asked a you css expert about paper versus cloth. >> cloth masks may have done something for us at the beginning. >> reporter: as an infectious disease specialist with a masters in public health, dr. monica gandhi has worked since the start of the pandemic to help combat covid-19. more recently, she updated her personal protection by changing up her mask strategy. >> i switched to surgical as of the last three months. >> reporter: with the more contagious omicron variant, publ

yeah, boomer, a butcher. mr. i was at my work place and had a far alarm as well as the sound similar to a gunshot yell when i saw a man running towards the exit building. and you know, at that moment i made a decision to detain him. and i ran off to him, he resisted arrest i. sylvia was carrying a knife and afar off. but when i was entangled, i made sure he couldn't use these weapons brazil and neutralized him go. then it was found that this man actually had not the knife, a gun, but also a knife on his person. and that man that off duty police officer could be in line for an award for that tremendous active bravery today. now the moscow mer answer gets beyond in he has caused expect, expressed his condolences to the families of the victims. they lost their lives day to day and also express the hope for a speedy recovery. for those 4 who were injured in this sad, this tragic turn of events, it today licky urine always spoke to a man who knew one of the people killed in the shooting. is local and silly, soon lose.

sometimes when a 6 year old says, be careful to a 25 year old, i may just say ok, boomer, and then they go on to do whatever they want to and you're right. they have never experienced a real bear market. all they know is the tech stocks go up forever and houses go up forever and you know, big coin was $0.45 and now it's $60000.00. so that's what they know. and the only way they can know anything else is to experience the other side of the cycle. and that's something we all have to go through. right. mean, i think every one of us was an idiot. 25 year old at some point. and yeah, it's going to be brutally painful for these guys in a way that it hasn't been for previous generations because they have robin hood right now. a lot of these kids are out there. trade a including one of my kids and the training aggressively in things they don't understand and they're going to get burned big time at some point. well, you know, but that's the cycle of life. you make your mistakes in your twenties, you kind of think about your mistakes in your thirties and then you, you become here, going to become

to defend said that you would through blue, it's interests, the interests of its members. states boomers, so let's not think about just a room of trying to in, in the was with it's not just about the getting into nato. it's about the principles that we all share are. so used my was i supposed to prov shalaka when the soviet union spoke unpromising, mrs. jessica, when they wanted soviet union to accept human drives as a boy, they were ready to compromise his daughter with her. but now that they want to as really suppress customer russia militarily, they have no qualms of doing anything. they are look even a call it c consensus and did his ability of security are no longer awkward something that they wish to protect. so i don't think that georgia will like this new environment. thank you. or i will say ok, love rover and answer the question from the georgia television representative a bit of a spot going on with the questions we put in russian or english. but basically me going off and they was talking in so comb after meeting with the 2nd state blanket as well. high level meeting today. s

it's still big and it needs to be closed but is really between the youth and the baby boomer generation, there is a funding need. there is a practical need. there is an ambition need. there is a hope need to create more future for, for the young generation. and that is underlying this in such a small revolution. so when we talk about revolution is in the sense that something is being regenerated, re found, of redefine, not as, as, as we're used to, the 1789 french revolution, or even the context of the russian is not a weapon. so to say, going to arm, so revolution, but it's certainly a disconnect off the way we do business today. and i think that's very much in line with what we're trying to talk about her. so rates prediction. so, a revolution is always a result of festering wound revolution, same fast sat in, but there are, you know, and coins of grown up processes which one of the processes that you observe now can lead to relation of some sort our days in the political space, the lack of face in constitutions, we see the tag on the constitution in the u. s. receipt in the even a my

a lot of people believe the baby boomers took early retirement during the pandemic because their stock portfolios and the value of their houses have gone up so much because of the federal reserve, low interest rate policies. and also the united states is an incredibly entrepreneurial nation. and indeed, the other theory is that a lot of people have simply decided that they don't want to work for somebody else, that they want to simply open their own business and work for themselves. so all of these factors are contributing to what we are seeing right now is the great resignation. we are entering the very critical holiday shopping season. and we want to see very strong robust retail sales. because consumers spending dr. 2 thirds of us because i'm a growth, but there is a lot of uncertainty and the outlook, especially with the emergence of the micron. barry and chinese right hailing giant did. he says it will d list from the new york stock exchange and pursuer listing in hong kong. the company had a stella, w on wall street in july with a 4000000000 dollar initial public offering. but da

if you are a baby boomer, he was the legendary coach who led the raiders to the first super bowl.you are generation x, he was the lively nfl commentator with a gift for breaking down the game. and if you are younger, he's the namesake for one of the world's most popular video games. for football hall of famer tom flores, he was a mentor and friend. >> john hasn't looked well the last few times i have seen him so it was pretty obvious he was not doing well. it's sad. john gave me my first job back with the raiders as an assistant coach. >> reporter: madden was the face of the raiders for much of the '70s. longtime sports writer who covered madden's final years as a coach remembers the coach's passion and fire. >> his fights with -- with al davis over, you know, whether ken should be the starting quarterback are kind of legendary because madden believed that a guy who wins is -- is the guy you play and al liked guys with big arms. >> reporter: amy trask, former oakland raiders executive and current football analyst for cbs sports says she arrived well after madden left the silver an

it tents to be boomers and older and maybe some millennials who resisted completely because they see it as a potential landmine in the progress that when it made in the workplace and younger women are easier with the idea. they are supportive of it and i think that's a really interesting embrace. i think at the bottom of this is the idea that workers -- we are all different and we have different needs and different bodies and the idea that everyone has to be treated exactly the same way the same as people who don't have. for example is not healthy in the long run. the people who who have functioning is an need a half a day off in their places and jobs the world where the higher on the income ladder you go to impossible to take a day off. women without the products they need they spend their days -- and they can afford products and there's a store in a book about women in bangladesh and clothing factories making very expensive close to can't afford products and they are said porting their families and sometimes it's the only job they can get and they make do with -- from the shop floo

another catalyst for the rights of crypto because right now that's the truth free market as a stan boomer it's christy. i thank you so much. thank you. and the front page of the internet is planning to go. public rad. it said on wednesday it is filed and i p with the fcc. this comes after the company and now it's back in august, but it raised a $700000000.00 round at evaluation of over $10000000000.00. now earlier this year read, it also became known for its wall street bats sub read it on which thousands of users came together to throw their support behind copies like game stop and m c, which then cost hedge fund, the billions of dollars and losses. now red at both more than 52000000 daily active users and more than 100000 communities. for now it's still remains to be seen how many shares read it will offer and what the price range will be. but for now, the biggest question remains, will the renters who made the mean stock craze happen also, but on read it? you know, this is fascinating to see them now coming out going public and it makes you wonder how it's going to affect those wall st