mr. weiss said that have increased his possibility, including the allowance of live music and granting of a liquor license for full bar. [speaker not understood] could be profitable without the kitchen across the street and transport [speaker not understood], a process we final frankly disturbing to watch and leaves us scratching our heads how [speaker not understood] could find it healthy. [speaker not understood]. as mr. weiss also mentioned it is a matter of public record mr. [speaker not understood] dunkelberg pay property tax and only worked out a payment plan with the city when the restaurant was about to be auctioned off. [speaker not understood]. [speaker not understood]. in short the ordinance as proposed lacks merit. [speaker not understood]. >> thank you. >>> thank you. >> thank you. next speaker, please. >>> good afternoon, president fong and commissioners. my name is ryan patterson and i'm a member of the duboce triangle [speaker not understood]. i'm also an attorney and live near

. >> mr. weiss. >> wouldn't they get to vote on the stock? you said she. >> my stocks are all shes. >> i think it's going to go a lot higher here. >> all right. that does it for us. more fast at 5:00, following me on twitter. see if the dow get closer to that all-time high. >> "halftime" is over. "power lunch" and send half of the trading day start right now. >> all right, scott. thank you very much. there is pain at the pump. yes, there is. gasoline prices creeping up massively in the past month. people starting to take notice and corporate america starting to get nervous. today stocks in danger of taking a bit of a gas hit. so is this the answer? we will hit the road with the tesla. phil lebeau is going to pull in to help us separate fact from fiction. >>> heist of the year. have you heard about this? millions of dollars worth of diamonds disappear in a brazen theft overnight. sue is out. michelle caruso-cabrera joins us from the new york stock exchange. >> i don't have nif those diamonds. not yet. we'll start with the markets and march to

mr. weiss? >> very eloquently delivered. >> sort of. >> i still love tbf. the bond market talking about how rates will go up but nobody is willing to say it is a bubble really. i say it is a bubble. still look for rates going to ten-year. 2.5 to 3% by the end of the year. >> all right. that the last word. happy valentine's day to all of you. don't forget to catch more fast tonight at 5:00. "power" starts right now. >> "halftime" is over and the second half of the trading day starts right now. >> happy valentine's, one and all. love is in the air. to two mega marriages, warren buffet buying all of the ketchup he could ever want. heinz. we will tell you which food stocks could be the next take over targets. and as has been rumored for months, frankly, us airways and amr officially getting hitched to create the world's biggest airline. is the deal good news or bad news for flyers like you and me? and disaster over triumph. carnival's crippled cruise ship, triumph, pulling into port later today. way behind schedule. complaints of lack of food, sanitary conditio

rich weiss of american century investments, 123 billion in assets mr. management. welcome back to "power lunch." good to have you with us. >> good to be here. thank you. >> you see clear skies ahead? you think this is a time to emphasize equities? >> no question. if you look at macro economic data, particularly in the u.s. and housing sector, it is a classical cyclical economic recovery. there is a broad-based here, home sales, prices, mortgage apps, building permits. very strong economic base combine that with valuations which are at worst, fairly valued in many of the sectors. so we believe there's a lot more room for equities and risk assets to move higher from here. >> say we juflt just looked at portfolio at valuation funds. let's say, over the past three or four years, loaded up on bond or bond fund, what do i do now? pair them back? inflation is coming and mayor higher inflation rates or economic strength will grow and maybe higher interest rates? >> the smart thing we believe for our investors is to always remain well diversified. that means different thing