take a look at neiman marcus, a very different type of business all these lbos from that generation in retail had to struggle because the world changed, and the fundamental business proposition under which the deal was done have changed. >> i want to thank you so much for your time today. >> thank you, my pleasure. >> gerald storch >>> whether you've noticed or not, interest rates are on the rise, and that matters if you're planning on a big purchase, like a car or a truck phil lebeau joins us right now with what it could mean to your wallet phil, it's good to see you what's something like this, what's the impact on either a new or used car shopper? >> reporter: well, you'll pay a slightly higher interest rate. and we've seen interest rates for auto loans go up about 1.5% over the last five years right now, the average interest rate for an auto loan comes in at just under 5.8% the monthly payment right now is $525 it's widely believed in the auto industry, becky, that most consumers want to keep that monthly payment under $500, but they're struggling to do that, in part because the pur

some might not call it shopping because it's called the neiman marcus christmas book, this is my vision board, what i call it. i want you to take a walk through with our digital team who created this for our website. take a look. you can be a spy adventure package for $315,000, not bad, or this is sloane stephens, 2017 u.s. open champ and just over half a million dollars you can be your buddy over there at the next tournament. you can get a wellness visit. or you can also get a cool bear. that's worth a lot. i got one here i want to show you. my family would love this. check this one out here. over here, back at the touchscreen we have candy, italy and attractive people. now, the reason why, this is the fantasy prize is a million pieces of sugar candy, a custom candy bar. let me explain what's going on. this is a high-end candy shop. have one at santana road and my wife discovered it at pasadena. >> identify bought it for people. very gifty and beautiful. >> very gifty, exactly. these are the people who created sugafina. you can visit and have lunch with them and visit one of the shops

jcpenney, neiman marcus would even names that people know. trading, we have been buying some, selling, going in and out. depending on where the pricing goes. that is where we have been taking advantage. a number of other using craddick opportunities. we have been pretty busy. we have not had a problem investing capital. what do you think of the investment grade issues of selling off in the past few days? gm and ibm? >> i think they are fine. the issue those companies will have, especially ge -- ibm on not as worried about. i think ge has a lot of issues. that is something we are starting to look at. that is probably a year away for us. erik: so the bonds are not clearing it at the right price. >> still not cheap enough. erik: the outlook for the economy, how much recession risk do you see, to what degree do you factor that into the bond decision you make? do you need a wider margin of safety, cushion, then even five weeks ago when everyone thought everything was fine? >> the economy is fine. 3, 2, 1,e are going at for us, what we do, still mo

your browser history, and we let you also take your account and upload your account if you have a neiman marcustarget account. but the data is really important. when we talk about data, we tell women that we really think that your data should be working for you. it should not be working for facebook and women consume -- they're the consumers. 85% of the consumer goods are purchased by women yet women would tell you 91% of them say they don't feel like advertisers or anyone really understands them >> when you have cataloged, somehow, all of the things that are in the closet, what happens next how do i use this tool what do i do with it >> well, what's great is we style you. so a woman will spend eight years of her life shopping and two getting dressed. we're shaving the time off that. we give you return receipts. think about this you buy something and you have 7 days left until you can no longer return it you need to know that. we ping you. hey, it's raining outside. here are five things you can wear from your closet. hey, it's sunday you have four interviews this week here are five outfits for

interesting, every employee when they walk into a provider, it is like a billionaire walking into neiman marcus. employers are earning higher prices. as i mentioned, the hospital and the doctors and the pharmacies they could still make a percent. almost all of that margin, from the tiny number of patients that are from employers. if justin flew -- a few employers walk into one health system into another, it decimates that place. it makes them responsive. employers have a bunch of power if they choose to use it. it has been hard for a couple reasons. if everybody is in it, there is lot -- not a lot of negotiations. number 2, most employers are pretty healthy. amazon is going to be disappointed because they have 1000 people that are 35 years old. they don't have a lot to negotiate with. employers have this challenge of healthy populations. they don't bother to think about seven years from now. part of the recent medicare advantage is so exciting and we have seen many new entrants come into that space people stay in the plans for 79 years. you can do things to prevent care, flu shots are cost- eff