f. stock is composed of representatives by most u.s. regulators and is chaired by the treasury secretary jack lew is mission is to basically get rid of too big to fail by first identifying potential large for threats and then monitoring them along with the markets on an ongoing basis. it has already designated certain banks as the cynically important financial institutions or cities and if soc had them submit so-called living wills these are plans to wind down the financial firm should it become insolvent but it's not only banks that can be that as a native at fifty's and sure as companies clearing houses and others could potentially cause systemic risk as well and only recently three companies two insurers and one lender and now if they had been sent notice by av sock that they would be on this list till we're joined by kyle herring ten of harrington capital management to discuss this and what's been going on recently in the markets thanks for joining. me for having me it's a pleasure and we recently saw that f. stock headed by the tre

f. stock headed by the treasury department tentatively designated a i.g. prudential financial and g.e. capital as systemically important for cities what's the significance of this expression when it comes to new regulation of these entities well you know i'm not a supporter of too big to fail i know that currently throughout wall street throughout the financial communities both insurance and big broker dealers we are going through a process of how to regulate better regulate these institutions and i support regulation what i don't support is over regulation and it seems as if they're going to designate some of these bigger players like a i g like prudential and put them in an area where the federal they're regulated on a federal level so that we don't have what we had in two thousand and eight where taxpayers bailed out these major institutions like we've never seen before so it's going to better regulate them so that we can prevent that i support it but what i don't want to have happen is that tend to loom swing so far to the regulation side that these businesses are not allowed to op

f. stock had them submit so-called living wills these are plans to wind down the financial firm should it become insolvent but it's not only banks that can be designated as cities insurance companies clearing houses and others could potentially cause systemic risk as well and only recently three companies two insurers and one lender and now if they had been sent notice by of soc they would be on this list too we're joined by kyle harrington of harrington capital management to discuss this and what's been going on recently in the markets thanks for joining all thank you for having me it's a pleasure and we recently saw that stock headed by the treasury department tentatively designated ai g. prudential financial and g.e. capital as systemically important or cities what's the significance of this expression when it comes to new regulation of these entities. well you know i'm not a supporter of too big to fail i know that currently throughout wall street throughout the financial communities both insurance and big broker dealers we are going through a process of how to regulate better regulat

f. stock is composed of representatives by most u.s. regulators in the chair it by the treasury secretary jack lew is mission is to basically get rid of too big to fail by first identifying potential large firm threats and then monitoring them along with the markets on an ongoing basis it has already designated certain banks as the cynically important financial institutions or cities and as stock had them submit so-called living wills these are plans to wind down the financial firm should it become insolvent but it's not only banks that can be designated as cities insurance companies clearing houses and others could potentially cause systemic risk as well and only recently three companies two insurers and one lender and now if they had been sent notice by of sock that they would be on the.

charlie gasparino, thank you both very much >>> man many people are pulling money out of stock f >> our gang says don't follow the crowd. follow their money-making picks instead. chararlie. >> mesh axle should be called global axe. a turnaround play hot stock. >> adam? >> ibm. this is a solid grower. is extremely inexpensive. a technology stalwart. this is the time to buy and hold these types of names. >> ben, what do you want to hang on to? >> rqi has been slammed by the dividend pullback. but it always comes back. and in the meantime, it has a good dividend. >> all right. good picks. i have no ea. i mean, hopeful thewill be good piks. in the meantime, weontie. 30 minutes in. hope springs eternal. >>> forget about the nsa. it's the irs that should ha you really worried. the tax man accused of seizing tens of milons ofrivate medical records. now lawmakers are launching an ininvestigation. and this comes amid another report that the irs just canceled a controversial order for spying equipment. like secret cameras and office plans, coffee trays, even clock radios. well, no wonder more tha

. >>> many, many people are lling money out of stock f my mother made the best toee in the world.t delious. so now we've turned her toffee into a business. my goal was to take an ide and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business d launchheir dres. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put t law on your side. andwhere sleeplesnightsg.eam yield to restful sleep,e and lunesteszopiclone can help you get there, like it has for so many people before. do not take lunesta if you are allergic to anything in it. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving or engaging in other activities while asleep without rembering it the next day have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, llucinations or nfusion. including risk ofies, wosuicid may

key proposals they are floating is qualitatively similar to one of the proposals that was in the f stock suggestions. we have not yet reviewed this in enough detail to give a view but i know for sure by putting on a floating in a the proposal they are moving in the right direction and i am hopeful what comes allen will be something that is sufficient to meet the important need of stabilizing money market funds. >> nick daniels paper, thank you, chairman. we have seen great brevity in japanese markets, liquidity, j.t. be and foreign-exchange. some say this is due to uncertainty to price exemption. others say this is due blank -- lack of confidence in banco japan's monetary policy. how do you view the bank of japan's efforts to? support bank of japan policy and another question is how much do you pay attention to the international market when you consider the strategy? >> i think the volatility is linked to the bank of japan's efforts. it would seem logical since in earlier episodes when the fed was doing asset purchases and the be o.j. was not doing anything there was no volatility so it

here's my interview with ben willis from the floor of the new york stock exchange where we talk about the vanishing liquidity in the markets h f t and how to buy protection in these crazy market times. i'm steady here on the stock exchange floor. with the third ben thank you for joining me now you said that you've been here thirty years what have you been doing this entire time and how this how have things changed i continue to learn something new every day last thirty years i come in something's always change i mean the most dramatic change for me has got been from trading on paper and learning stock symbols to trading electronically and having a future in my and that's replaced paper and where are all the h f t algorithms that i keep hearing about they're not on the floor here they're in the data center so they're here i wish i had brought my handheld camera with me and i looked at my both of my power but they are embedded in our handheld so ok you know high frequency trading often gets a bad not all high frequency trading it's predatory sure and some of it addresses why it's look right it's it's it was a necessary tool to i

if you don't have a job, you might give it an "f," but if you're in the stock market, it might get anfragile ground but the recovery is for real. a new poll shows a growing percentage say economic conditions are good. 35%, a number that's been steadily rising since the end of 2012. that's how you're feeling, but i have been conducting a little poll of my own. the school is out for summer, the report card fon the economic recovery is in. >> reporter: summer is here and the stocks are in turmoil after a 13% gain. unemployment still too high. investors are making a fortune in housing, but nearly 10 million people owe more on their mortgage than their home is worth. let's look at it this way, let's give it a good old-fashioned letter grade starting with a man whose firm manages $2 trillion. >> i would give the economy a "b" to a "b" plus. it's getting better but not fast enough. >> he buys and sells bonds. these guys are real estate tycoons. >> i would say it's a "c" plus. >> what do you think? >> "b" plus. >> here is a harvard professor. >> i think it's a "b" plus at this point. we shoul

the worst performing stocks yesterday were those that trade similar to bonds like telecom as well as utilities. >> hopefully we will see a bounce back. f futures are looking terrible. asian stock selling off europe is lower. future is here for the dow. 91 points. >> thanks debbie downer, lauren simonetti. >> when interest rates go up people who save money will make money. >> true. thanks so much lauren. solid evidence twa flight 800 was shot down by a missile. now the investigation may be reopened. >>> another breaking story overnight police are now saying new england patriot aaron hernandez is quote directly tied to the murder investigation. we will bring you the details next. >> plus our capianchors away se goes on. i go to the beach with my family. i'm phyllis and i have diabetic nerve pain. when i first felt the diabetic nerve pain, of course i had no idea what it was. i felt like my feet were going to sleep. it progressed from there to burning like i was walking on hot coals... to like 1,000 bees that were just stinging my feet. i have a great relationship with my doctor... he found lyrica for me. [ female announcer ] it's known t

f. if you're in the stock market you might give it an a. the recovery is forreal.rowing percentage say economic conditions are good. 35%. a number that's been rising since the end of 2012. that's how you're feeling. i've been conducting a poll of my own. school is out for summer and the report card is in. summer is here and stocks are in turmoil after a 13% gain this year. unemployment still too high. investors are making a fortune in housing but nearly ten million people owe more on their mortgage than their home is worth. let's give it a good old fashion letter grade. starting with a man whose firm manages $2 trillion. >> i would give our economy a b to a b plus. it's getting better but not that's must have. >> he buys and sells bonds. these guys are real estate tycoo tycoons. >> c plus. >> here is a harvard professor. >> i think the u.s. is a b plus. we should be creating more jobs. >> a few from the stock market. >> a b minus has held up well, maybe a c. >> he's talking about washington belt tightening. belt tightening at the wrong time these this former clinto

f. if you're in the stock market you might get it an a. what do the financial experts think?e'll find out. cnn's christine romans this week, smart is the new rich. >> summer is here and stocks are in turmoil after a 13% gain this year. unemployment is still too high. investors are making a fortune in housing but nearly 10 million people owe more on their mortgage than their home is worth. there are a rash of statistics to measure this recovery. let's look at this way and give it a good old fashioned letter grade starting with a man whose firm manages $2 trillion. >> i would give the economy a b to a b plus. it is getting better but not fast enough. >> reporter: he buys and sells bonds. these guys are real estate tycoons. >> i'd say it's a c plus rnkts what do you think, mort? >> c plus. >> reporter: here is a harvard professor. >> i think b plus at this point. we should be creating way, way more jobs. >> reporter: the view from the stock market? >> i think b minus. the economy has held up well. maybe more of a c plus. i give it a b minus because the government sector is fadin

stock market is corporate profits. if the corporate profits are strong enough to create the scenario bernanke described which is an economy cruisin be fto be in the stock market. >> julie, carney was asked and refused to say anything about bernanke's comments, but behind the scenes is a good reporter and did they think it was too soon for bernanke to even raise the possibility that the fed at some point in the not so distant future will stop buying $85 billion every month in bonds? >> well, i will disappoint you here. even behind the scenes, the fed is something they are careful to talk about because of what you saw where any comment from the fed has a significant impact on the markets. any comment from the white house about fed action could have a seg can't impact on the markets. the one thing the white house would point you to got overshadowed in the comments that is the whole reason why they ended the program was because he saw the economy strengthening. that is certainly good news for the white house. the one thing they would also point to though and what the american people would say is the economy for most americans is not wall

f. somebody who made money in the stock market, a. b minus now.e are all going to feel the recovery. >> a d for europe. >> right. >>> 26 minutes after the hour, an officer is under investigation for what he made a woman do during a routine traffic stop. the bra shake. was he doing his job or did he cross the line? let's play: [ all ] who's new in the fridge! i help support bones... [ ding! ] ...the immune system... [ ding! ] ...heart health... [ ding! ] ...and muscles. [ ding! ] that can only be ensure complete! [ female announcer ] the four-in-one nutrition of ensure complete. a simple choice to help you eat right. [ major nutrition ] nutrition in charge. a simple choice to help you eat right. they're coming. yeah. british. later. sorry. ok...four words... scarecrow in the wind... a baboon... monkey? hot stew saturday!? ronny: hey jimmy, how happy are folks who save hundreds of dollars switching to geico? jimmy: happier than paul revere with a cell phone. ronny: why not? anncr: get happy. get geico. fifteen minutes could save you fifteen percent

download hotel tonight free then sign up with pro code "deal" for $25 f your first booking. dagen: stocksow, nicole is watching netflix. nicole: netflix ceo talked about streaming video is the wave of the future, forgets tv, but they have now announced a big deal, this is for 300 hours of new programming netflix along with the with dreamworks. they can expand into this streaming video known for ""kung fu panda"" and the likes. trying to gain more and more bringing back arrested development, so right now stocks are doing well. back to you. connell: some breaking news. we told you about the q&a with snowden. the u.s. government has destroyed any possibility of a fair trial at home. so that was our twitter question about any questions you may have. a little later on. dagen: they think he is a hero, that would be fair if you can get a jury. connell: the thought process is he is not coming home. dagen: he is coming back. connell: maybe he doesn't realize it yet. let's make a little money with charles payne. charles: i get the one point the analyst and ceo, he was on tv every day. at war with t

f shutter stop. nice. cheryl: stocks every 15 minutes. on the floor of the stock exchange.u look at what is going on with futures and global markets. and the trend remains. and and the up trend in place. and a pull back, uptrend, still in place. green, the nikkei sold off, and economic news and retail sales back above the 15,000 mark. the fear index with the down arrow. dennis: with more on the market's charles dean, and the chairman drew kneale, is the rally fuelled by japan and the u.s. economic recovery, but given the crash in japan should be worried about a similar situation here. is it still over? >> the japanese had a deal that was pretty good. and we are never saw it as a concentration presently. and to get further diversify and developed markets, this was a time because overall we have a bias towards equities, you have more in equity, this is good news for those -- dennis: what percentage roughly overall if you have a couple percentages in cash what is the percentage in cash? >> actually, our cash number probably runs 8% overall. dennis: 8% overall. dennis: one of t

here's my interview with ben willis from the floor of the new york stock exchange where we talk about the vanishing liquidity in the markets h f t and how to buy protection in these crazy market times. i'm standing here on the stock exchange floor now that all that was the third ben thank you for joining me now you said that you've been here thirty years.

time f to even the@í0x;ñt >> we are back with a ther's day stock that wil make y your dad's favorite>> ford, this is the u.s. automaker that didn't get bailed out. it pays nift dividend and poised to benefit from th housing rebounds because of its pickup trucks division. >> you likeford? >> i like ford. cash flow slowing downdespite the recovering economy. i do like the dividend. >> what about laboratory corp of america holdings? i'i've never heard of this. >> i know, this is one of the few independent labs that do all of the hospital testing and all the testing you'll need if you need medical services. great earnings growth, too. >> gan, you like it? >> i d i thin this is a really solid stock. >> everybody likes that one. that's . have a wonderful father's day, folks. keep it here. continues with another great father, eric foley. "chin'n" is next. >>> first, the government, now are private firms selling you out? as thnsa scandalrupts, one phone company accused of rolling out the red carpet for uncle sam to snoop on you. >>> democrats accusing repubublins of blowg t irs scandal out o

stock got hit today. the new cars had perfect gas mileage, the f-150 line, bought the f-350, are selling better than any timeince 2006, including up one percentage point, it's all good news for shareholders. and it's his comments about europe that makes me feel good about 2014, the stock goes higher. i'm kicking myself that we sold starbucks stock. bulls make money, bears make money, hogs, they get slaughtered, but this stock won't quit. china is coming on strong. europe is better, and there's green shoots. after 21 years as a public company, it's still in the earning innings. but when you played back the comments, you would be a believer in a heartbeat. what's the future? part juice, another part coffee, tea, and one part food with china being the largest market for a 50,000-store chain. i think that will happen sooner than the market expects. and we will take a bite of it, buy. and here's what it is, five ceos with five stocks that are the pick of the litter and beyond. i say bravo, thank them for coming on the show, and be thankful that they'll take you along for the ride as the shareholders in the instit

stock market. this will not end well. you cannot keep on, f you will, pouring morend more money as a nation an not hang to pay the pir at some point. bonds are goingto continue to be key. prices will go up. you know, it's kind of disconcerting when you see the people who have stopped making a lot ofoney, even though you have lots of people, 7.5%of people that are unemployed. when you consider the other people who have dropped out of the work force. thstimulus and the monetary policy hese are toughies. neil: so whenou say that this will not end wl. what dyou mean? >> well,ou cannot keep o borrowing more than you taken forever. you cannot keep on printing money and keeping interest rates near zero for ever. at some point that has to reverse. the people that were oaning us the money say that i am a little concerned about thrisk and thant higher interest rates. as they stat going up will mean that they will see a lot of money going to pay peoe around e world. right now we have spent about 50 billion a year on intert. as interest rates return to a

you said the "f" word or the "c" word. >> the stock market c -- >> but when you say something like that -- >> i don't say that word. >> i know you don't. >> what are these other people talking about, becky? they're immature, number one, and, you know -- >> and they know you too well, in two. >> and they're profane. that's right. >>> coming up, tom lee, his take on whether you're supposed to sell in may and go away. first, as we head to break, fed chairman ben bernanke giving a commencement speech in princeton this weekend and joking about his own future. >> i wrote recently to inquire about the status of my leave at the university. and the letter i got back began, regrettably, princeton receives many more qualified applicants for faculty positions. than we can accommodate. it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicate

the disruption of the new york ciubway plot, the attack on the new york stock exchange and also one tied to t grou in pakistan. as f as the phone records of the patriot act witnesses said it is more complicated. >> specificallyase by case how man we those programs essentials? >> you ask almost the impossible question how portant ea was. >> and wi a critical surveillanceole in em by a terrorist attack for more than 400 people killed or wounded also the takedown of the new york subway plot relied heily on british intelligence and moniring of the suspicus e-mail account when questiod if the phone companies could hold records rather than th u.s. government with. >>he fbi and u.s. i have the architectural framework how we do is proam. >> to investigate that potential restructuring was plots in the u.s. on the 10 out of 50 had a domestic connection communications but now records accounts for e intelligence of the destruivattacks now they are considering bills to let the sa collection on americans. lou: thank you karen. our chief intelligence correspondent. and my first guest tonight says general alexander provided the fi

other individuals that we identified throu a fisa that the f applied for tough the fisc, were able to detect naentlotting to bomb the new york stock exchange. meliss top government officials defending the nsa's controversial surillance programs in washington today. as youust heard, nsa direct-general keith alexander says, the program helped stop more than 50 terror acts but it is not totally clear whether these types of sweeping surveillance programs ar necessary to keep our coury safe. what kind of an impact cululd an atck on e new york stock exchange have on the economy? joining me now is former nsa offici colonel cedric layton. welcome back to the show. >>y pleasure, melissa. melissa: on the positive side reaction to today's hearing sort of across the board w that this certainly seemed up fnt, more profeional, more prepared than thearade of jokers we saw coming out t testify on behalf of the irs or any oth hearings. this had much more official, much more researched feel tooit, would you agree with that? >> o absolutely and when you lookok at the relationship nsa s had with the congressional oveesight committee such as the house

stock plunges on news. so says our guest, head f emerging markets at morgan stanley.llion in emerging markets of the past ten weeks. we will tell you where the next real buying opportunities are. and the skinny jeans under assault courtesy of the european union. true religion and of the designer's jeans may have to hike prices even further or get the heck out of dodge. "countdown to the closing bell" starts right now. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and u.s. stocks are mixed on wall street today. blackberry is getting hammered after reporting disappointing earnings. check out the intraday chart. the stock right now falling down almost $4. that is a loss on a percentage basis of almost 28%. this -- suffering the biggest one day drop in more than a decade.

f this. what you think? >> well, there is no question. onof the reasons that people areputting money into the stock market as they see that the federal reserve continues to ve a monetarlicy. money printing. quantitative easing. money is pouring into the stock market. this will not end well. you annot keep on, if you will, pouring more and more money as a nation and not having to pay the piper at some point. bonds are going to cotinue to be key. prices will go up. you know, it's kind of disconcerting when you see te people who have stopped making a lot of money, even though you have lots of people, 7.5% of people that are unemployed. when you consider e other peopleho have dropped t of work force. the stimulus and the monetary policy these are tough imes. neil: so when you say that this will not end well. what do you mea? >> well, you cannot keep on borrowing more than you taken forever. you cannot keep on printing money and keeping interest rates near zero for ever. at some int that has to reverse. the people that were loing us the money say that i am a little ncerned about the risk and they want higher interest rates. as they start going up

f. celldex could generate close to a billion dollars annual revenues by 2018. if that happens the stockwill be a heck of a lot more than it is right now. the market cap is worth a billion dollars. that's one of the reasons i'm sanctioning it after a big run, break my discipline, i know, maybe i'm being too bullish? suppose these two drugs gets approved and they generate $3 billion in sales, well, that amount of renew, they think they can earn $160 per share. still good, that level of earnings? i can see it going from 13 to 20, a 53% gain. that's talking about the two biggest furtherest drugs along. they have a number of other projects in development that give the company multiple shots on goal. they have a drug to fight solid tumors, leukemia, lymphoma. they are early on along with a solid tumor vaccine in phrase 2. an orphan kidney condition that affects children and adults in phase 2. they have a recent capital raise. that gives them enough resources to last through 2015 the year their two big drugs come up for approval. right now the company is unpartnered, not splitting revenues. if

f. kennedy assured all berliners that he, too, were a jelly doughnut. according to the white house, the president is going to be calling for the reduction of the u.s. nuclear stock pile so as long as russia agrees to do the same thing. we'll see what vladimir putin thinks about that. >>> also breaking up, taliban followed up on its request for peace talks by bombing an bagram air base. here was the president yesterday. >> so, this is an important first step towards reconciliation, although it's a very early step, we anticipate there will be a lot of the bumps in the road. the fact that the parties have an opportunity to talk and discuss afghan -- the afghanistan future is very important. >> of course, the first bomb came a few hours after that, four american servicemen died. >>> back home, imgregs reform. marco rubio. the cbo now estimating that the bill that it will save 175 billion over the decade. marco rubio can breathe a sigh of relief, if that bill he was spon sorg added to the deficit it could have been dead on arrival. >>> finally n a krult twist of ironry, bill airs, constant source of controversy is now speaking out again about the president. but this

stock exchange. a danish newspaper office. disruption of terrorist activity that the fd little information on. all thwarted with n-s-a help, officials said. >> "i believe we have achieved this security and relative safety in a way that does not compromise the privacy and civil liberties of our citizens." the n-s-a chief said snowden's leak of classified documents has caused "irreversible" damage to the u-s. and he was emphatic against claims the n-s-a's surveillance activities are unconstitutional. saying the n-s-a cannot listen to americans' phone calls or read their emails. that assertion backed up by interview. >>"if you are a u.s. person, the nsa cannot listen to your telephone calls, and the nsa cannot target your in washington, im shannon travis reporting. >> jacqueline: seabury's lansbury strung up there this afternoon. sea breeze oilman's are very strong out there this afternoon. the coastline with 23 mi. an hour gusts. 25 in redwood city, 29 in hayward city. the good news is the winds will die down several just tomorrow. not quite as strong kicking back to the

f labels all which lead to prices. the bears see the companies under liability and they work. so, how is has this stockwork in 2013? the clients haven't been as bad as 2012. it's a change. plus, r donnelly has a lodgistics business that are holding up better and the company has become a trusted indicator. in fact, if you want to know what's behind the return from the dead, let's start with the fact that company's metrics looked like they started improving across the board, plus, the company has landed some major deals. here's the deal. sure, a commercial printing in general may be decline, but this is a huge and fragmented industry and r donnelly is the largest player in the group. might have another 1.7 billion in liability and the web may have made the business obsolete. none of that seems to be stopping rd's stock from rallying higher though. but you know what? while r donnelly's never going to be a tour for charge, company seems to be just fine. we're looking at a business that can generate 1 to 3% organic growth, but acquisitions could add another percentage point or to. it's now a company that's

ending up in the hands of private equity and not a year since she has taken over, and stock prices speaking for its fr deal or $1 billion deal and talking about whether it is in the process of hulu or zogby, and making smart acquisitions, and marisa deserves credit for changing the perception. >> and buying the buzz, eric jackson, what they said when the tumblr deal was announced. when does that play off in shares and clicks and ad revenue that has not been positive in recent quarters? >> well, definitely by 2014 which is what they said at the time of the acquisitioacquisiti obvious that tumbler is on a growth trajectory, and marisa is taking a hand's off approach and what we have seen with youtube and google and now currently with facebook and infa grastagid it is the right direction. i think that tumbler has a right direction and part of mobile and that is a part of the yahoo story that the critics were jumping on and now clearly they have a great mobile property on their hands. >> at around $24.50 here, and we have seen targets from the sell side venturing into the 30s. is your appetite to add mor

stocks endg a day in the green end of the federal reserve policy meeting. just talked about tha. the dow of nearly 200 points before word sp that the f to taper off of its stimulus. and for the first time in seven years, most home builde a optimistic. the national association of home builders, wells fargo builder sentiment index leapt to 52 from 44. was the biggest monthly increase since 2002. presiden obama and top eu officials will meet in washington next month to talk about a sweeping trade deal. the aim of the talks to be to promote economic growth by eliminating import tariffs and changing of the regulations. apple says it will see between four and 5,000 requests for new u.s. law enforcement customer data over the last six months. those requests were made as part of prison, the recently revealed classified n program. the most cn form ofequest came from police invtigating robbers and other crimes in the search for missing persons. and those are some of the top stories that are right now onn foxbusiness.com. when we come back, newiet that is all theraze in europe. should you try? we will explain. and espn annouing the end of shoot

related things and housing stocks taking a hit as rate have goe up, but no doubt, you knw, the fact that it's up is nothingbut good news and hope it continues. gerri: gary, thank you fhave a great weekend, good to see you. >> you too. still to come, we answer te question, how do you do that, with stipes on throwing a wedding forless, and how to get in oo the big money of broadway. how the bright lights could mean big ucks for you. stay with us. gerri: all this week, we lookedd at offbeat investments from art to peer-to-peer lending to water. with the tony awards this weekend, we thought there's another one to the list. how about investing in broadway shows? with some advice on making money off the great white way is charles, a columnist with market watch. all right, charles, start by talking about how big a business isbroadway? > broadway is huge, and it's gotten bigger. it's a one billn a year business, slightly over one billion dollars, up 50% over the last decade, and i mean, you see the crowds in times squares, everybody goes to a show, and that's a lot of money. gerri: it is. the what matters there. how often do tey turn to outside investors? is it a small grou

stock pipes. let's listen for a minute. >> -- the same fighting spirit that defined berlin a half century ago. chancellor merkel said that we mark the anniversary of president john fedy's stirring defense of freedom embodied in the people of this great city. his pledge of solidarity. "ich bin ein berliner." it echoes through the ages. [ applause and cheers ] >> but that's not all that he said that day. >> yes. "ich bin ein berliner" of course is the famous catch phrase that president kennedy used on june 26, 1963, in what at the time was a world changing phrase. "ich bin ein berliner" meaning, of course, i am a berliner. and at that time, the berlin wall stood. the president has spent much of the day with german chancellor merkel. earlier today he was welcomed to berlin with a military ceremony. ♪[ music ] he defended the nsa crediting u.s. surveillance programs for saving lives and thwarting at least 50 terror threats. >> this is not a situation where we simply go into the internet and start, uhm, searching any way that we want. this is a circumscribed narrow system directed at us being able to protect our people and all of it is done under the oversight of a cou

f. the economy is doing something and there are a lot of people left behind. nice to see both of you. golden opportunity, is it now or is it over? as the stockarket rises, investors are dumping money into stocks and pulling out of gold. check out this chart. gold peaked above $1900 an ounce in 2011, but it has since fallen hard. has gold lost its luster? >> america's latest gold rush. when even reality tv fans are watching shows like gold rush and yukon gold, is that a signal that the bubble has burst? for centuries, investors have depended on gold as a safe storer of value in the face of rising prices, but now the precious metal's luster seems to be fading. gold prices are down more than 20% since september. what's going on? and why now? is gold still a safe haven? economic growth number s out of china are reason enough for investors to worry. slow in growth in the world's second largest economy would mean lower demand for precious metals with industrial uses like goild, but some aren't buying it. >> a lot of people are taking that as evidence the world is slowing, no inflation, commodities are dead, get out of gold. that is not the deal. t

the regular stock market or the regular bond market, and they're shifting more of their money to the types of things we do because they can repair their situations and make sure that their ben f ruiz get that money by giving money to people like ourselves. so what's happening is they're taking a much more proactive basis to do that. they're looking at other types of things to be done. >> rose: can you raise enough make to make all the investments you want. >> at the moment we're in a pretty advantageous position because not only are they giving more money to our asset class but they are simplifying the number of managers they give money to. so they're giving it to the better performing managers and they're also trying to lower their own internal overheads by reducing the number of people they have to keep track of. and so for us, we're finding it pretty easy at the moment to be raising funds. we also have the kind of returns that i mentioned in these areas as well as in our fixed income areas that are comparably high so that it becomes a relatively easy decision for them to give us money for which i'm eternally grateful. because i remember starting when we had no assets. >> r

f different indexes and how does that affect the rebalancing? >> well, you have small cap 1000 and the russell 2000. so, for example, some are upgraded and considered large cap stocks0 have fallen down and now in the russell 2000. >> so moving them in between the indexes? >> yes. >> what is the biggest surprise for you this year? >> one of the big surprises is apple. i mean, apple, even though it has decreased in the value over the last several months, it is still the largest stock in the russell index. >> wow. >> not by as much as last year, and apple still holds the top spot, but the interesting thing about apple, it was 100% growth stock, but this year, we are seeing the value characteristics in apple, so 25% waiting in the value of russell 1000 index. >> and finally, we talk about the information leaking, and so on some platform from someone everyday. >> yep, yep. >> how big of a concern is that for you? how do you make sure that does not happen to prevent what kelly was mentioning? >> it is an excellent question, and the reason why we have construction methodology and the rigor around the index is to give everybody the same information all of the time. so the

stock futures strongly higher this morning. the dow, nasdaq and s&p 500 all ended with significant gains after a string of sharply lower closes. very strong housing news yesterday. the ford f in four years that a domestic automaker has topped the american made list. the toyota camry knocked down to number two. where it is assembled and vehicle sales and the ford f-150 benefitting from strong sales right now. >>> the clock ticking down on student loans. on july 1st interest rates are set to double, you guys, to 6.8%, if congress doesn't act. it doesn't look like they're doing it right now. in real dollars, if you have $27,000 in student debt it will jump from 165 bucks to 6. it will affect 7 million college students. just a few more days, student loans will double the interesteralinterest rate, guys. >> hope everybody is paying attention. >>> that time of the morning, john berman is here to give us his new day award. >> matter is a relative term here. i have a women's wear edition. later today, christie's is hosting a very special auction. elizabeth taylor's wedding dress. a pearl incrusted satin gown. this is the dress she wore for the 1950 marriage to conrad hilton. she w