and jeremy siegel will tell us if he still sees the dow hitting 20,000. southern company's ceo gives us his takes on the best purchasing group and the ceo of alcoa right after the earnings are released. >>> up next, it's hollywood meets wall street. when we come back, bryan cranston is here at the new york stock exchange. >> doing the wall. >>> we'll talk about "the infiltrator" which hits theaters nationwide this week. ♪ inew york state, we liev tomoow srts today. l across t state, the ecomy isrowing, with creative new business incentives, today. and the lowest tax in decades, attracting the talent and companies of torrow. whe the largest solar gigafactory in the westn hemisphere will soon energize the world. and in syracuse, where imination is in production. let us help grow your company's morrow - today - atusiness.ny.gov >>> stocks are rallying in this final hour of trade. firmly putting it in record territory, on track for a record close. first time we'll see that since mac in may. nasdaq 5000, hitting that level. it's the most -- there's an s&p heat

professor jeremy siegel, we appreciate your time.michelle meantime at the rnc in cleveland. >> hey there, tyler. joining us now, actor, producer, director stephen baldwin who got to know, and he says admire donald trump as a contestant on seasoncelebrity "apprenti "apprentice." thanks for joining me. >> thanks for having me, michelle. >> so do i understand he fired you twice. >> yes. >> and you're supporting him? >> yes. >> why? >> i'm gluten for punishme-- gl punishment. it was interesting and surreal, sometimes rapper lil' jon sitting there talking with mr. trump, you know, et cetera, et cetera. but for me it was really cool there was one moment when we were doing a live finale during one of the shows and we're sitting at this big table and he's organizing things and has ivanka over here and don jr., and i see mr. trump go, hey, don, you're fired. ivanka, you're fired. and, you know, the guy is actually more down to earth and regular joe than most people realize. i think the trump business guy is who he's been for many years to bra

. ♪ alix: coming up later, jeremy siegel will be joining us. his outlook for the rest of the year.at brought you -- is getting a new owner. affiliate ofaded the investment firm. bankruptcy protection three years ago. since then, it has been owned by -- not a great time to be a banker in london. bonus for that the city passes investment banks will be covered by at least 20 percent. eu decision to leave the have slowed down dealmaking or job cuts likely in september if client activity does not pick up. -- the rio detime janeiro gained s e johnson's offbrand. to convince athletes and safer carrying the zika virus. matt: thank you very much. the emergent property company slumped at your standard life investments suspended trading in its real estate fund after a series of redemptions. trust investors property also froze on extraordinary market conditions. joining us to discuss is the columbia graduate business adjunct professor. great to have you with us. this?to be begin with a series of redemptions. at what point do those make themselves assets in that fund? where are we in that situa

spoke to the wharton school professor jeremy siegel yesterday talking about the valuations of the stockseng into stocks for that the bond market as we can see -- that is just not for the next maybe whole decade going to supply investors with sufficient income for their portfolios. -- as being-term the place and investors will go to. alix: sure, i will pay off for stocks because they will be less volatile than bonds. gabriela: we agree you don't always think about it with the capital appreciation part, but you don't have to go inside the expense of utility stocks or the very defensive high-yielding stocks. you can find good and growing dividend yields and other kinds of sectors the days in the equity markets. alix: and charles you don't agree? charles: i think he focuses on the demand for stocks. i think was stocks become overpriced you should not underestimate the possibility for this apply to be unlimited. prices go up too much or if it's rated too big of a premium to the underlying real estate, the supply of new shares issued is unlimited. toecially in our case we try deliver positive