that was investor and financial contributor kyle harrington. coming up economist and senior fellow at the cato institute george belgian discusses inflation and deflation in all their forms that in today's big deal ed harris and i are talking about the big drama surrounding one of bequests most respected exchanges but as we head to a quick break here's a look at some of today's closing numbers of the bill sticker out. technology innovation all the developments around. the future are covered. in two thousand and two ben bernanke he was worried about deflation at that time he gave his most famous speech to date on how to prevent japanese style deflation from hitting the u.s. now burn accies views helped convince the central bank to keep the fed funds rate at a record low one percent in two thousand and three and two thousand and four before the fed had to raise them due to an overheated housing market now fast forward to today and we have a new fed chair janet yellen but the deflation question is being asked again now our next guest george celdran

economy lacking in wage growth and job creation now our next guests financial market fund and kyle harrington talks about the u.s. economy as well as wage deflation and the advent of robots in our global marketplace now i started my conversation with kyle by asking him whether downward pressure on the u.s. wages on u.s. wages has had a lot to do with global wage arbitrage for competition with overseas workers take a look well you know the answer is yes i mean i speak to a lot of entrepreneurs and executives about the business is that they're running both privately and publicly on on rough on a day to day basis erin and you know let me say that you know i think when you can outsource your labor to places and we keep talking about china but to places like china in which you can manufacture and pay labor costs that are not just lower but significantly lower than the united states i think what happens is a lot of companies now are going overseas and manufacturing and building product over there in an effort to increase margins here domestically so they're they're they're they're building in their

no comment of a boom bust though investor and financial pundit kyle harrington discusses deflation in terms of both wages and prices plus we're looking at the cost of a limpet coverage in the digital age you won't want to miss it so stay tuned we're looking forward to that aaron thanks so much but that's going to do it for me for now for more on the stories we covered go to youtube dot com slash r t america and for a bunch of the stories that we just didn't have time to cover today or for our continuing coverage check out our website or to dot com forward slash usa and don't forget to follow me on twitter to find out what i'm doing when i'm not reporting the news stay tuned boom bust does next. there's a saying you know when you're in the arctic you have the entire world at your feet . she looks like a fairly simple ship but really she's not simple little handful of people ever have access to the nuclear icebreakers the real king here is that the polar bear and ice breakers come second not a single complex expedition to the arctic can be conducted without the russian nuclear powered f

the bad and the ugly then after that we have a boom bust favorite financial pundit and investor kyle harrington on today's show you won't want to miss it and finally edward harrison and i talk to coin in today's big deal a lot has happened with the cryptocurrency over the past couple weeks and we're taking a look at all of it now let's get to the shelf. with . our lead story today dealing picks more specifically coverage of the twenty fourteen olympic games in the digital age now i'd like to start off by saying that i am not a fan of reporting on the news and i do try to avoid it at all costs however the proverbial cost of this story exceeded my standard threshold for such types of reporting so here we go now estimates are putting n.b.c.'s total olympic profits at a cool one billion dollars with a cost of about seven hundred seventy five million to pay for the rights and another hundred million to produce it now with all that money on the. one may ask why why would a network be so foolish as to not air the opening ceremonies live and then added a different version of those same ceremonies for p

here to react, jason rotman, and kyle harrington. thanks to both of you guys for joining us.ou know, so apple shares fell off a cliff at end of january. carl icahn had thoughts on value get reaction on other sight. >> battle is won and you leave with a tidy profit. some are saying it will be half a billion when all sad and done? >> i'm not going anywhere. i'm not leaving. i haven't sold one share, nor do i intend to, apple is one of the cheapest stocks around and i have said that, tim cook and i agree on that, very undervalued. >> even 530 bucks it is still cheap to you? >> yeah. melissa: we have year-to-date chart. jason, do you agree with that. s apple cheap? would you get in here? >> i agree with uncle carl. i'm a big fan of his reasoning. even from an objective standpoint, hype of carl ion kahn being involved not with standing one of my favorite ratios is the price to earning growth ratio. anything above one is typically stocks a week. apple is .64, price to earnings growth ratio. the key with apple, obviously again, it is old news but steve jobs is gone. we need to see m

kyle harrington, scott cavanaugh from first foundation, rich peterson from s&p capital iq, heather hughes from center america funds and our own rick santelli. heather, i can't decide which is worse. being caught in a market that just keeps going down or missing out on a market that just keeps going higher? >> yes, you're right. from the sidelines right now we have all this negative data, right? the weather, the snowstorm, we're getting pounded and people are staying home. yet the markets still continue to go higher. we have earnings, they're not really stellar right now. 65% a beat on the expectations side. yet the markets continue higher. so things are looking okay right now. you know, in terms of equity, mutual fund flows, $3.34 billion this week marking again the eighth consecutive week of equity -- net equity mutual fund flows. >> but there are still a lot of individual investors who have avoided this stock market either waiting for a pullback or being skeptical of the rise we've seen so far. >> you're right. a lot of investors, they've been cognizant of this bull market over the past