francine: michael fuchs, a close ally to chancellor angela merkel joins us on the phone. dr., thank you for joining "the pulse." what do you make of this german criticism that low interest rate is hurting a lot of your savers. mr. draghi says this criticism makes matters worse. michael: as a matter fact, mr. draghi also acknowledge that the low interest rates is difficult for insurance companies and so on. pension funds, they are really suffering. didhe end of the day, it not really boost the economy in those countries in the southern hemisphere. the problem is in those countries. they did not do enough reforms. what i would expect them to do is to push them for more reforms. low interestney, rates is obviously not helping too much. so, i'm expecting the ecb to press the southern hemisphere countries in order to do the necessary forms because reforms at the end of the day will lead to a better economy. i'm afraid it is not at the moment and therefore, we need to do something immediately, pressure from draghi would be great. francine: i'm sure that president draghi would love

i go back to francine's interview with michael fuchs about the joys of germany.he banks viable here or is there so much uncertainty you need to wait for more information? raises the question of sustainability. from that perspective, banks will be viable. they are making enough to attract capital. the real question is whether preferable ate this juncture. i would say no. we're looking at things that are slightly more cyclical, where there's dividend growth possibility, where there's strong cash flow and relatively low payout. hussein, when you look at a lot of his tech companies, they are in stark contrast with the banks. they attract capital. people ask, are they overvalued? do you need to look at it company by company? >> i don't think it is industrywide. if you look at the companies that have missed the transition, their stocks have come down. unfortunately, the companies that have figured out the growth engines and predicted the future correctly, a lot of capital is floating towards those. it is a supply-demand market. this is a market that i don't think is as

michael fuchs is going to be joining francine on open the pulse." ut how the germans feel about mario draghi during that conversation. the car sector also in focus. maybe michael will give us a view on what is happening. that is it from "on the move." francine lacqua and "the pulse and out of next. ♪ show me movies with explosions. show me more like this. show me "previously watched." what's recommended for me. x1 makes it easy to find what blows you away. call or go online and switch to x1. only with xfinity. great time for a shiny floor wax, no? not if you just put the finishing touches on your latest masterpiece. timing's important. comcast business knows that. that's why you can schedule an installation at a time that works for you. even late at night, or on the weekend, if that's what you need. because you have enough to worry about. i did not see that coming. don't deal with disruptions. get better internet installed on your schedule. comcast business. built for business. staying positive on the negative. mario draghi insists negative rates are