professor jeremy siegel thinks so. he's here exclusively, with no surprise, a pretty bullish market call for this year, and for perhaps beyond. we'll get into the details with him and talk about valuation as well, coming up. >>> and how about that new deal from sprint? did you hear about it? 20 gigs a month of data for $100, but there is one catch, you've got to be a new customer. so, what about someone who's been with sprint for years? why do they have to pay more? and this isn't unique to sprint. longtime customers get the short end of the stick from their insurance companies, maybe even their cable companies. today we will find out what you can do about it. >> yes. and here's where we stand in markets. as mentioned, the dow back above 16,900 as it eyes that 17,000 mark again. the s&p 500 up 10 points to 1,981. the nasdaq at another, i believe, tyler, here during the trading session today, booking another 13-year high at 4,527. 14-year, excuse me. >> and joining our "closing bell exchange," peter anderson from

. >> professor jeremy siegel at the wharton school. the mirror just cracked. i'm sorry. you know what they say? morgan brennan, the market's flash desk. >> scott, check it out as we speak. on a reuter report it hired jp morgue ton explore its sale activist, trading up 6 percent prps. back to you. >> morning, thank you so much. >>> coming up, black 3 rock's rick rieder, the moment of truth for the fed. upcoming rate decision derail this rally? another big market guest coming up. >>> best buy shares sinking on earnings. is 2 the time to buy? a bull and bear to duke it out. >>> cutting through the noise or the burger king deal. what you need to know, including warren buffettal rope. that and muff more coming up on the new york stock exchange. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our s

i don't necessarily buy the jeremy siegel explanation for that. where rates are make sense. but rates are officially depressed because of the fed. >> i just tweeted i showed it to you and it came from a guy that started charts i tweeted it out a chart of ten year bond yields and corporate profits and summarize the chart for our viewers. they go like this. in other words the bond market/the fed has been goosing mom and pop love low rates. lower mortgage rates, whatever. corporations love low rates probably even more. >> that's right. returns on capital have been extravagantly high as a result of that. >> which means if you take it, i guess, flip it over theoretically based on this chart which is 30 or 40 years if interest rates do start to tick up then woo we see a tick down in corporate profits? >> pressure on it both -- on the one hand it's a sign the economy is improving. on the other hand it's pressure on profits and net income. >> okay. >> all right well friday jobs report always means a number of crunching economists over the weekend. and thi

jeremy siegel of the wharton school of business believes that there is more involved, that there is enoughgth in the economy to drive corporate profit, or the corporate growth will matter more than the impact of a 50 basis point height -- hike that the fed might have. >> 18,000 out, 20,000 out versus lower. "market makers" is back in a moment. coming up, why amazon is buying twitch. ♪ . . >> live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. >>s no big mac for millenials. twentysomethings are fleeing mickey d's in droves. financed extremists ever. we will find out where the islamic state gets its money. >> game on. one $.1 billion for a service that does not let you play games -- it lets you play other -- watch other gamers. this is erik schatzker. >> and i am alix steel in for stephanie ruhle. watching other gamers. i don't know. >> how is it different from watching pro sports? >> i don't know. burger king has agreed to buy coffee chainda's tim hortons. this will allow them to move their corporate headquarters to canada and pay l

. >> according to jeremy siegel on this program yesterday we aren't going to have another financial crisis for 75 years. >> bologna. it's right around the block sdm that and a cup of coffee will get you a quarter in new york city. i don't think that's a smart bet to make. you need to bank on another financial crisis happening. >> absolutely. >> and for how it's going to run out. >> if you want to talk about the -- >> the previous conversation -- >> i was just going to say --s. >> i going to say about the previous conversation -- yeah, about the previous conversation -- >> go ahead. >> i guess we have a delay here. i was going to say, i would take -- i would be more careful about following the words of the federal reserve than i would following death crosses on the ten-year. >> the point that you're raising though, steve, is going to be exactly what the financial companies point out. i think we'll probably hear this trickling out if not b of a itself which wants to put a good face on finally having reached to settlement and putting it behind them, their investors and others who watch this s

wharton finance professor jeremy siegel doesn't see a correction in the near future. >> i still thinking control of this market. i don't think he's going to give up. surely there might be a correction. we always have corrections in a bull market. i actually don't think this is going to be one of them. but if it does happen i think it's going to be a great buying opportunity for investors. >> that was jeremy yesterday on "squawk box." but the bears are not so sure. joining us right now is dan alpert, westwood's managing capital director. >> good to be here. >> what do you see happening? you've described this year as a real battleground. >> it's a battleground between the cyclicalists, people like siegel and others, who really do believe we're seeing signs of business cycle reviving the virtuous circle of job creation and event ummly going to highway job creation and expansion. then there's the secularists, larry summers for example, who are looking at the advanced economies and saying something's really wrong here. we're not enjoying the type of robust recovery we could be or should be