melissa: here now, are the chatwood fund jared levy.e have james freeman and brian kilmeade are back for more. it's the story that keeps on giving. >> right. i think it is important for her to know she has absolutely no leg to stand on with 3/4 of the owners decide she will be ousted all owners are divested. they have to sell and get a portion of the proceeds. melissa: she makes a point, i'm wondering if wife of one of the owners said the racial slurs would they out of the husband or leave the husband in. >> great point. melissa: i didn't have anything to do with it. >> interesting argument. who will -- i mean bottom line is right, you have the gentleman who owns the clippers and then you have -- melissa: she owns 50%. she is wife. they're not divorced yet. she owns 50% of the it. why should she have to deal with what she he said? shouldn't he sell his 50 and keep her 50? done. i don't think you disagree with me. go ahead, brian. >> franchise like a burger king or anything else and board of governors rule and therefore she has got to go

here is jo lin kent and jared levy. what in the world is the stuff that is going on? are made in china as those they make things like that suits -- and they found -- melissa: who wouldn't want to pay good money for that? i would want -- and $16,800 is supposed to be arnold schwarzenegger. >> a lot of people buy things every day. i used it when i lived in china, you can buy great clothes that agreed discount, send it back, free shipping both ways so it is the everything store. something else, costumes con ali baba. melissa: what do you think of this? >> it is a story you can get just about anything. i was blown away, i did looking for peeling not, wanted to import them into the states. i started finding things like you could buy a million barrels of crude oil and get little things of carl rogers doing odd thing this. melissa: does this make you feel better or worse about the business as an investor? >> it makes me feel scared. the reason is how do you get i whaeason is how do you get i whaeason is how do you get i ys say be thman with the plan but with less ergy, moodi

liz: jared levy, david kudla, bob iacino. bob, we'll come back to you shortly when the s&p futures close. have a good friday. adam: will april showers bring more than just mayflowers? are the bulls at the gate ready to let loose? we'll ask one of the top strategists on the street,s are koestrich, blackrock's chief investment strategist will join us. liz: in order to succeed many companies think bigger is better but what you may think may not always be true. we have the ceo who found that having fewer clients he led to much bigger money and success. you need to hear about this strategy. it is a harvard business school case study. he is here with us to talk about how he did it. adam: forget the word reports. there is proof out there that apple's purchase of beats is a done deal. you will see just ahead. join the conversation. if apple changes beats head phone name what would you call it? tweet us @fbnatb. your answers are coming up. ♪ [ male announcer ] what if a small company became big business overnight? ♪ like, really big..

. >> jared levy at the chatwood fund joining us as he always does. thank you for your time. >> ebay users are asked to change their passwords after hackers hacked their database. the quarterback said that the hack--the company said that the hacking took place in early march. pay pal was not affected by this attack. >>> under the agreement argument rental site will hand over data of all its users in new york city, but it will not agree names or moment addresses or e-mail addresses. the dispute whether they violated new york hotel laws by renting out their homes. >>> misconduct at veteran's hospital is dishonorable, but is fixing the va going to be a tougher road than expected? and a high school putting a price tag on graduation tickets. parents want to sit up front. well, just pay $200 for a bench. blanket blanket >> president obama says the people responsible for mishandling cases at veteran hospitals must be held accountable but he stopped short of firing veteran as affair erik shinseki. the president said it is time to solve problems, not assign bl

jared levy of chatwood fund and marketing expert peter shanks man. i was outraged by this story. i'm looking at it on jobs day when some people out of work who want a job. an amazon job is a good job. generally better-paying than the other jobs that we're talking about. peter, what was your reaction to this whining? >> shocked they're still using blackberries. the bigger picture -- melissa: well, there is that. >> amazon has been known to have worker problems not past. at end of the day it's a good job. they adopted this zappos model after two months if you're not happy, here is money to go away. for them to still be complaining. you had your chance. show up to work. melissa: comment numb burr four, our lunches are required to be 30 minutes long f we try to clock in even one minute early, the time clock will desplay error message telling us how many minutes we have remaining on our lunch break. another one complains heat, boredom and a sore body. jonathan, are you weeping? >> [singing] melissa: was that your violin? >> this is world's smallest violin. this is pure kneelism. this

here is jared levy. profitable trading.com, spencer, this is so creepy?> it does sound a little creepy, doesn't it? there is app that does this, hold it up to the song and puts it through a database and oh, this is the song you're listening to. melissa: with facebook it sounds like it is listen to what is going on around you. >> it is. they claim you will be in control of it. melissa: in fine print, never find deep in the settings. jared, right, always very deep in the settings if you have a degree in computer science you could find where it is possibly turn off the feature where they're spying on you like crazy, right. >> so far from shazam it is not even funny. seems like benign and funny is really a creepy gathering of information. remember google, facebook, they get paid on how much information they have on you and i believe, in my heart of hearts that moving forward these apps and these programs are going to be running in the background, recording you. melissa: right. >> not just audio but video and using that back against you to sell you stuff. it's

jim frischling is back with united advisors scott martin and chatwood fund jared levy.cott martin, i will start with you, what's your reaction? >> that is something to be concerned about. one thing david tepper did say he is not short this market. >> that's right. >> he is on the sidelines but don't kind of go against it. charlie brought up a really important point though, melissa. if you take away the fed's support we have here in the u.s., if you take away all the central bank efforts, japan comes to mind around the world, then you might see this market fall faster than say, johnny manziel did in the nfl draft last week because that is what is really going on here. all the central bank intervention is keeping that risk appetite for investors high because nobody wants to buy bond with rates so low. melissa: jared, what is your reaction? >> first of all that is happening around the world. scott brings up a good point. central bank intervention is happening around the world. by the way deflation is near term effect. why? there is nobody to buy goods. look at china's slow