joining us this morning, john steinberg. john, good morning to you.ohn fort, kayla here at post nine. pretty nice action as the dow's up 265 points. stocks rallying pretty much since the open. some analyst upgrades. yellen sounded a little more dovish on friday. hey, bob. >> it's very interesting. i think a lot of people were surprised by the strength of the rally. there's a number of theories floating around. let's take a look at the s&p 500. we basically started today flat for the year. now we're up about 1% for the year. a couple of people floating the idea that some of this may be due to pension fund rebalancing. for example, we've had a big outperformance by bonds this quarter. stocks basically are flat. bonds have rallied. bond yields have declined. ten-year bond was over 2%. you can see we're down. probably down 10% of the yield on the bonds. so there may be a little out of bonds and into stocks. that is supported by a look at the sector today. energy, utilities, financials and industrials. what are the big losing sectors for 2015 so far? energ

joining us this morning, john steinberg, ceo of the daily mail north america. >> and john fort is livet the mobile world congress in barcelona. we're going to hear from john in a moment. we do have to begin with the markets. dow's up 123. in the last hour after a very long wait, the nasdaq finally hit 5,000 getting back to levels we have not seen since march of 2000. joining us on the phone this morning, bob peck. >> good morning. >> we just had a discussion about the difference between today's nasdaq and the one from 15 years ago. what differences do you see? >> it's funny. even though you're having these highs, you're having certain stocks that are still relatively cheap. so while you have had strong momentum stocks, you do have a good handful that are also relatively cheap too. >> i look at the market, i see averages around kind of average to high where it's been historically. you have some things which are very over value and some things that have very cheap. how would you assess it overall right now in terms of nasdaq overall being priced? >> i completely agree. we look at a stock

thank you john steinberg. simon. >> it's an honor. >> for sitting here with us.to halftime. ♪ >>> all right guys. thanks so much. we'll meet our starting line up for today. joe is senior managing director at ver advertise investment partners. and with us for the hour today, liz ann saunders. also joining us from california today is the chief economic advisor. so glad you're with us today. apple time with its long awaited tc

thank you john steinberg. simon. >> it's an honor. >> for sitting here with us. toss it over to halftime. ♪ >>> all right guys. thanks so much. we'll meet our starting line up for today. joe is senior managing director at ver advertise investment partners. and with us for the hour today, liz ann saunders. also joining us from california today is the chief economic advisor. so glad you're with us today. apple time with its long awaited watch set to debut in less than an hour. can the new product keep the company's success going or does it put the stock at risk? star analyst bob peck downgrades amazon. he'll explain live. a bounce for stocks. a modest one, but it does come following friday's steep selloff. even some long-time super bulls are getting nervous like jeremy siegal. >> first time i've been cautious in quite a while. and again, i want to emphasize how difficult it is to do the short run. no one's going to be right there, even most of the time. but we are very close to fair market. and that leaves the market open to more volatility in the short run. >> all

affordable housing with the issue of homelessness someone forwarded an interesting oral this is john steinberg in the san francisco magazine why can't san francisco solve it's homeless problem this is i written by gary the author of cool city the article touches on a point which i think will move all of us i'll forward the article to the commission secretary for to be passed on to staff it if a they're interested. >> commissioners seeing no further comments we'll move on bringing before i move on the public the rules committee was scheduled to having their second meeting that will be held on march 12 directors announcements. >> good evening, commissioners i want to mention one that yesterday we released the draft environmental review for the university i will say this report is highly unusual eir because of the multiple locations and i just if you'll allow me i'll take a moment to recognize the staff they worked hard and working on a challenging sponsor chelsea the project manager has worked tireless and rick and scott sanchez who helped with the respect to the eir as well as christine and joh

joining us this morning, john steinberg. john, good morning to you.ayla here at post nine. pretty nice action as the dow's up 265 points. stocks rallying pretty much since the open. some analyst

steinberg the ceo of daily mail north america. kayla tausche is here. jon fortt is in barcelona at the mobile world congress. hearing from john in a moment.et's begin with the markets today. red again as sara and simon just said. biggest two-day decline for the markets since january 27th and 28th. for most of the day, not a single dow component has been in the green. oil, stubbornly hanging on to 50 or at least close to it after an amazing build in inventories and bertha keeping us honest on the nasdaq. good morning. >> good morning. the nasdaq only closed above the 5,000 level twice back in 2000, has yet to be able to put together a second day as we were lower today. one of the things we're seeing here is the nasdaq big caps are actually outperforming just modestly some of the other small caps and the large caps today. facebook, yahoo! among the gainers. apple back above $129. that's helping bring the whole composite back above from the low. cisco one of the major drags today as well. but again, we're seeing the selling happening in the chip sector. chip sector helped propel us above 5,000 a couple days ago. yesterday hit hard. again the

steinberg the ceo of daily mail north america. kayla tausche is here. jon fortt is in barcelona at the mobile world congress. hearing from john in a moment. as sara and simon just said. biggest two-day decline for the markets since january 27th and 28th. for most of the day, not a single dow component has been in the green. oil, stubbornly hanging on to 50 or at least close to it after an amazing build in inventories and bertha keeping us honest on