we're back with abigail doolittle, michelle caruso-cabrera and art hogan who has now finally made it to the studio. all right. it's a very bullish comment today from john paulson that was earlier. let's send it over to our pal josh lipton. go ahead. >> hedge fund billionaire john paulson became famous when he called the subprime crisis in 2008 and now he's very bullish on housing. take a listen. >> i'm not sure if housing prices will increase 10% every yore, but it's likely over the next five years they will increase by at least 5% to 2%, so there's still a lot of upside. it's not too late to get involved. housing starts were up 50% from the trial, and that's what created a lot of excitement. in order to meet demand you're going to meet new home construction so i think that the rate of new home construction will continue to increase, and that's going to benefit the overall economy. >> art hogan, not only went that far, he said if you can buy one house, come back and double up and buy a second house. you ready to do that? you want to go partners? >> start looking at some property. i t

thanks very much, michelle caruso-cabrera in cube a. coming up, which retail stocks are headed for a baby bump when the newest royal is born? we're going to be naming the queen of the mall. >> we'll check the forecast because we want to know if conditions this weekend are going to be right for a "sharknado?" great white sharks in the skies. it could happen, but first, bill griffith, what's coming up on the "closing bell"? >> none here, but a whirlwind of a show, it says here. how are higher rates affecting well fargo's bottom line? we'll ask the cf oft world's largest mortgage lender the day they announce earnings and ralph acampora called this rally way back before it began. we'll find out if he's still bullish as ever at these lofty levels and kraft beer sales are soaring creating huge job growth in that industry. maria and i look forward to that and much more at the top of the hour. back to "street signs" right after this. we're all totally different. ishares core. etf building blocks for your personalized portfolio. find out why 9 o

i'm michelle caruso-cabrera. larry will be back tomorrow night.half hour, obama care needs young, healthy americans to sign up for those health insurance exchanges. and since young people use the internet for everything, wouldn't it make sense to allow web-based insurance providers into those exchanges? guess what, they're not. and one health insurance ceo who says that could kill obama care entirely is about to join us. >>> and mixed signals from cuba, even washington, they're hard to read lately. the cuban government wants us to believe real economic changes happening there with a teeny bit more free market capitalism. is there any proof of it? i'm going to show you what looks different and also what looks agonizingly the same in that country. first, though, the filibuster lives. aren't you happy? senate leaders reached a deal this morning to avoid the so-called nuclear option. so aren't we all friends again on capitol hill. here now from washington are a pair of cnbc contributors, some of our favorites, former dnc chair howard dean and also sar

e i'm michelle caruso-cabrera. becky quick is out today. the squawk agenda. the june jobs report, here are the expectations. economists expect the economy to add 160,000 nonfarm pay rolls versus june's 175,000. the unemployment rate expected to dip slightly to 7.5% from 7.6% a month ago. average hourly wages likely to rise by 2%, .2%. and the data will be released at 8:30 a.m. eastern time. full coverage and instant market reaction. as for the futures now, joe was telling you, the futures are soaring this morning. they indicate the dow would open higher by 144 points. and the markets in europe, holding steady after a huge surge yesterday. big, big climbs across the board there. even though you see some negative arrows, there were big gains yesterday. mario draghi pledged to keep interest rates low for an extended period of time. he's never talked about the future before. ecb has never done that. we'll talk more about that in a moment. and just days after president morsi was removed from power in egypt, there is a movement to crack down on the muslim brotherho

because your website features cnbc and a clip with my friend michelle caruso-cabrera, you said there'sion, there's so much worry and fretting, we had the election nine months ago and it's still not happening. >> it's like 1:30 in the afternoon after a hangover. you don't have the conspicuous consumer. everybody's delevering, so ceos are slow to hire. >> when i look at your stock price and i go through the conference call, what is clear to me is there the trend is getting better. particularly, i like the fact it seemed like the nature of services is hiring. one of the best daily is starting to get better. >> it has, but it's slow. this thing is a nike swooch. it's going to be long and ste y steady. >> your company's been able to develop other revenue streams that have really kind of buttressed the way your earnings outlooks. >> and today, 40% of our business comes from outside what we're known for. it's anchored around leadership development and as a ceo, one thing to attract people, then you've got to get them to work together towards a common purpose. >> in the june 17th conference ca

all and how fast food may help solve america's obesity crisis, but before we get to that, michelle caruso-cabrera- i'm not referring to you as like a dish or anything like that. don't get mad. >> maybe i like being referred to as a dish. >> all right, you're a dish. >> on all-time high watch, brian as both dow and s&p try to close at new highs, a trio of top strategists to tell you how to put your money to work in the middle of this record rally. also an earnings extravaganza. first up, at&t, right after the bell, right after the close and then apple, the big mack daddy on what reports could be a make or break quarter on what is a struggling stock. instant numbers and analysis all straight ahead here on the "closing bell." don't move. at farmers we make you smarter about insurance, because what you dont know can hurt you. what if you didn't know that it's smart to replace washing-machine hoses every five years? what if you didn't know that you might need extra coverage for more expensive items? and what if you didn't know that teen drivers are four times more likely to get into an accident? 'sup

e i'm michelle caruso-cabrera. becky quick is out today. the squawk agenda.ions. economists expect the economy to add 160,000 nonfarm pay rolls versus june's 175,000. the unemployment rate expected to dip slightly to 7.5% from 7.6% a month ago. average hourly wages likely to rise by 2%, .2%. and the data will be released at 8:30 a.m. eastern time. full coverage and instant market reaction. as for the futures now, joe was telling you, the futures are soaring this morning. they indicate the dow would open higher by 144 points. and the markets in europe, holding steady after a huge surge yesterday. big, big climbs across the board there. even though you see some

in fact, our very own michelle caruso cabrera is there.hey, guys, greetingings from havana, cuba. in need of a coat of paint. like you said, this socialist government doing something it hasn't done in decades. it's invited business generalists to come do stories about the economy. what is up with that? we'll tell you on the other side of this break. don't move. commitments. commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear t

or -- >> that is a live shot of the delivering alpha conference in midtown manhattan and michelle caruso-cabrera there interviewing richard perry known for his stance against fannie mae and freddie mac, and also a big day on the hill with ben bernanke facing the financial committee at 10:00 eastern time when the q&a begins. jim and david. >> hyahoo! beating the nickels, but the marissa mayers beating it. >> this is a good thing except for programmatic, which means we will suck the margins out of display ads and not make as much money -- and remember, it is and a advertising business and remember that programmatic is the algorithms to place the ads at the cheapest place and shows inventory to use against and companies don't have the good gross margins when it comes to programmatic, because it does not say that we will pick up the sales people, and have a tangeray and tonic, but it is coming up in the cue, and when it comes up, it is going to come up, and it is difficult for marisa to make money quarter over quarter. >> well, it is because alibaba is incredibly strong and got some insight there, a

over to michelle cabrera caruso. >> you are having a talk with him and if the market is reacting correctlythat will translate to higher mortgage rates and they are whacked across the board. lennar is lower by more than 4%, and the rest of them lower by 3% and approaching 4% and remember, this is a group that has been hit, as you can see for xexampl in the home builders index, because of the anticipation that pap tapering is coming sooner rather than later. david, back to you. >> thank you, michelle. >>> now the latest on the situation in egypt of course following the ouster of the k country's first islamist leader morsi. on the line is the north african correspondent with the "financial times" and can you bring us up to date to what is going on, in the streets, and the supporters of morsi. >> yes, in the mosque in eastern cairo, there was a large gathering of the pro morsi demonstrators approaching the head quarters of the republican guard which is a unit of the egyptian military, something happened, shots were fired, and at least one person is dead. news agencies are reporting up to three