michelle meyer joins us. she nailed the housing rebound.ged her in here to tell us where we go from here. i year-and-a-half, you were all over this. now what? >> i think this will mark the strongest year for many years. this year. we're on track for just over 10%. that is not the new normal. we will see moderation from here on. prices are affected by exceptional factors. those are now coming down. distressed properties were very attractive to investors that bought. an extremely low inventory. the market needs to normalize again. >> this dovetails into the cautious call on growth. looking at the fourth quarter, you nailed it. are you more optimistic for 2014? >> we can finally say yes. we are a bit more optimistic. still cautious, but looking for a better year in terms of growth. think about the dynamics. considerable fiscal constraints. we're going to see environment -- it will allow for the underlying economy to look stronger. >> the bloomberg political analyst is with us -- sequestration in 2014 is different for him last year. >> they rea

. >> we will be talking to michelle meyer of bank of linkingmerrill lynch, housing and construction jobsomy. the basic idea of the labor -- they have to come back to 2014 after the holiday and that important congressional election. days a job stay -- jobs before chairman yellen takes over. >> thank you so much. the u.k. prime minister pledges millions of pounds to help startups grow. ♪ >> welcome back. the british prime minister has been in tech city today. millions of pounds have been heading into startups, helping them grow over the past few years. the number of digital companies in london has almost doubled in 2009. his tech city a hub or a hype? your third anniversary. give me the numbers. >> the good news is that tech in digital companies are powering the luncheon economy. we used a third-party company -- london the economy. we used a third-party company. over 600,000 people are employed in this sector. oneconomy once reliant financial services for growth now has another robust sector in tech in digital. -- and digital. >> could those numbers be more? >> the government has an open d

market is very tangible -- >> the dampening their of the housing market is very tangible, and michelle meyera double digit 2013 will not repeat itself this year. yields are up, housing is dampened, but not to any form of crisis, but peter is right, that is always political in washington are at >> tom keene, thank you. also, peter cook, peer and we'll will be back in two minutes on "in the loop." ♪ >> well, it is a talent two mexicos. a tale of two one is about tourism. hyatt hotels is opening to resorts, and starwood plans to up its luxury portfolio there by 50%, but on the flip side there is the mexico played by drug violence and crime. there are 24 murders for every 100,000 people in mexico. compare that to just 4.7 in the united states. that has toryism advocates in mexico fighting -- toryism advocates in mexico fighting to get the truth out, including the ceo of yucatÁn holidays. erica, thank you for joining us. do you feel there is a disproportionate amount of attention paid to drug violence in mexico, and is that hurting your business? >> yes. i feel that happened in the past because t

shout out to michelle meyer and others, she at bank of america merrill lynch nailing the call on housing out. mario gabelli is decidedly in. giving you something more to look forward to, a christmas morning stocking stuffer. how about a few of mario's best picks of 2014? weatherford? and oil services company. if you look at the chart, it is nearing long-term support. a great point. i like to look at figures. but my no more numbers oriented. charts -- i do care about everything. weatherford is a benefit of horizontal drilling and fracking, which is a technology that is helping the u.s. with their current account deficit, political independence, and really helping the american consumer and creating jobs. >> and oil services company. >> they make artificial lists, so when you go horizontal and two lateral view need something to take the gases out. jeff immelt from ge bought a company in artificial lift, went public. the company has about $18 billion in revenues, $13 billion of good quality, 12 billion shares out. they were going to slow. all sorts of challenges with taxes, foreign corrupt p