we're live in west miami-dade peter lynch cbs4 news. >>> still ahead, a major league cuba will be held later this month during president barack obama's visit to the island. >>> i'm gary nelson, a big policy gun for president obama comes to miami making the case for reaching out to cuba. the story coming up on cbs4 news. >>> also ahead, a new state of the art development in liberty city, the new apartment complex that serves as an educational initiative, we've explain. >>> what do all these colors mean, the green is what we are tracking, that is what the computer models say the heaviest amount of moisture sin the atmosphere. you can see it's still pretty far away. that's the big question, i'll have the answer for that in just a few minutes cbs4 news at >>> a sign of the historic change in cuba, baseball great baseball players for major league baseball's first exhibition game on the island in 17 years, also mark jeters first major appearance since he retired in 20134. the trip will feature a tampa bay rays exhibition game in havana on march 22nd, cuban baseball greats like tion will also

live at west miami-dade peter lynch cbs4 news. >>> a vancamps -- crashes into a canal. >> a good samaritan who saw it happen jumped to the rescue. >>> farewell to a first lady, the tribute that nancy reagan as her family says its final good-byes, next. >>> and a flood of trouble in parts of the south, we have our eye on the storm. >>> we certainly do, that storm system is dumping floods on about 10 states over the deep south, the question is, where is it going next and will we see any of that here any time soon? i will have your complete cbs4 news >>> a good samaritan is being called a hero after pull ago father and his daughter from a sinking van. northwest 47th avenue and west sunrise boulevard. plantation police say a 40-year- old man and 10-year-old daughter were inside the minivan when he lost control and went into the canal. jeff thomas was on his way to work when he saw what happen and jumped into the water. >> they knocked on the back window and i realized they were in the back, so i went over there, pried it open, at least bust the glass open, once i bust the glass open i took the

specifically at these, or maybe they can invest with someone like your let's for warren buffett -- peter lynchren buffett, who can pick stocks effectively. something you see of institutional level as well. old schoollot of portfolio managers who are out there, looking for stocks that are well valued and offer good growth opportunities, and look at them individually. >> what is driving the breakdown of correlations? we have had so much uncertainty for so many years now. i cannot think of anything that is new. >> talking to money managers, they do have a sense that the worst is behind us with the s&p, especially in the medium-term. we talked to people in the the nightmares of the market, but people are expecting a relief rally. this is a pretty volatile indicator, so right now when it appears that stockpicking is something you should consider, that could definitely change a .ouple weeks from now now that we know that the cboe s&p 500 imply correlation index is nothing to watch, is there anything to watch in the vix? >> is a good question. if you look at the charts, the near each other quite clos

ne up on wall streee" and "beat the stre," peter lynch. thgye availae e e man. "one u uon wall street" " d "beat the street." u miwanto adad darst'book he taught me a lot at goldmama sachs ananthen moved on. budavid dat's bookokare very go. up next, @drhoy84 tweets, do u evererlee of yr r biotechs provide you with a as? , i don't ee cld portfio this weee. yolo. you only live once, so i totallye withou here's @crabo44. i'm nhe market becaof you, sir. just give all e tersigboo-yaya keep teaching gp whahathey want tow, jim. let me give you a little heads up. ve hers.s. i wouldn't be d#ing thth if it weren'n'for . i have gotten out yearar agag a spiteful, driven guy to the rs, and everyone in my personal life owatatatatat yououwhy m in this game! coratuti and stick cramer! t meare e aul, unss y hlergies. then yououes may s s it diffently. an coestion. othasllgy say cany that.whene llergens our dies react by errodu six kflamtoto ssdans use our mpto. mols oy nte substance. one corolsix. d isreer ton comple allerer r lief or incomple. leleleuryes cide. on>1hangvein woi

"one up on wall street" and "beat the street," peter lynch. they're available on amazon. "one up on wall street" and "beat the street." you might want to look at david darst's book. he taught me a lot at goldman sachs and then moved on. but david darst's books are very good. up next, @drhoy84 tweets, do uh ever sleep or did one of your biotechs provide you with a clones to assist? no, i don't sleep. now btw, which i think stands for by the way, i am now motto or kwyo. cleaned my portfolio this week. yolo. you only live once, so i totally agree with you! here's @crabo44. i'm in the market because of you, sir. just give all the haters a big boo-yah! keep teaching us what they want to grow, jim. let me give you a little heads up. i love the haters. i wouldn't be doing this if it weren't for them. i would have gotten out years ago. i'm a spiteful, driven guy to the haters, and everyone in my personal life knows that. so haters, you're why i'm in this game! congratulations! and stick with cramer! pet moments are beautiful, unless you have allergies. then your eyes may see it d

. >> peter lynch school of thought, you go home and short the stock.the way, you would have been good. i would have made back the money i lost on the chicken sandwich. >> all i can say is we can't short shocks. >> it's replicated throughout the chain, not. but the popularity is extraordinary. the pattern is good but too expensive. the stock may go higher. >> that's a bad problem. when -- >> i know where you are going. >> i said to clean that up. it was spanking clean the next time. >> that 77th street gold mine. keep it clean, guys. >> across the street from the barclays center, excellent. the one in the heart of brooklyn, terrific. >> shake shack down here at goldman is nice. >> jfk, extraordinary. >> it's one thing to manage restaurants in a town. harder to do 150 across the country. >> i should take pictures, put them on the website. >> litter, trash, all that. >> you're something. >> i'm not a curmudgeon. i want to clean up new york. >> chipotle is getting better. i don't know if you got a free burrito. >> i haven't gn to a chipotle. you were there

tenements is that -- what we believe new leadership is, what we say is good old-fashioned investing, peter lynch, warren buffett, active investing by 35 stocks, we have been very clear on that in terms of our 20-year bull market thesis. seems like every time the market freaks out it goes back to the former strategies meaning credit, oil, china, that is not part of the strategy, not part of the investments with respect to fundamental strength going forward. >> richard, what are you thinking in terms of fixed income investing at this stage. you heard what brian was saying when it comes to stocks. >> we see a couple of things. first thing, we think that markets have been indiscriminate. credit spreads, investment grade credit spreads widened out. we think there are opportunities globally. markets tend to paint with a broad brush in risk off episodes. january was about the fears of a big devaluation in china or fear of $10 oil. we won't get $10 oil or big chinese devaluation. valuations are not attractive. especially in investment grade credit. >> ten-year treasury, still under 2%. is that implying

[laughter] i didn't move fast liz: you're like the peter lynch of the network.tuart: don't take investment advice from me. i never offer it anyway. microsoft works out. mcdonald's, i buy a small black coffee on the way to my farm and it's 53 cents out the door 'cause many' a senior, so i get 53 cents, black coffee out the door and get to the house, what's with the stock. what program is it? >> what they call a reward programs. it's essentially, it would be you get points so for your 50 cents coffee every day it's going to take you a while to rack up decent points. they're running to the these things kind of work and by the way, they'll have an expiration point on these things. >> you would have had a million points by now, don't you think? >> he could have taken us to thanksgiving dinner. stuart: look how healthy i am. look at priceline, don't look at me. look at priceline. one of its divisions has struck a deal with cuba for americans. e mack, that's all about what? >> it's booking.com. you go on the site and you can get hotel or rooms available. pretty shortly

. >> remember when peter lynch was managing magellan, he had 900 stocks in the fund.ad 400 or thereabouts. did you ever do something like that? >> it goes back to this traditional active versus passive debate. what is the right number? you see this active share concept now they're calculating and showing for different managers. i think it comes down to what the objective of the portfolio is, to provide a high level sustainable income, to provide long-term growth, what that actual mix is depends on that particular manager and that investor has to marry their risk april tidpetit appetite. >> you like a couple of sort of, chris, some interesting choices here. dividend payers, intel, ford and spectra energy. >> i like bargains. i'm the value guy. so i like stuff they're selling at bargains. if you look at ford, it is selling at a great bargain. >> 7 pe. >> 4% dividend yield, average car on the road is 12 years old in america. so at some point these are going to have to be replaced. with oil where it is, what does ford do really well? they build big cars and trucks. suvs a

it's the '90s again, peter lynch/warren buffett type of investing. >> we talk about good old-fashioned earnings matter, but you have all this stuff out here, the fed, china worries, what are you focused on? >> brian, you're right. there's always a long litany of things to be concerned about, but a lot of positives out there. the u.s. economy continues to expand. we're looking for 2% this year, so we do not have a recession in our forecast. so those fears as we enter the calendar year of a recession, global growth, crude oil, will not lead to a recession. so we'll look for the fed here to take a pass in the march meeting. we think they will be sort of noncommittal, continue with the story around data dependent, but we do see two more rate hikes through june and december. >> and i'm sorry to jump in, just because time is short. if we do get one more rate hike, four more rate hikes this year, will that hurt our viewers' 401(k) accounts? >> i think an improving economy with the fed is comfortable with normalizing rates will be a positive for the economy, for markets, and for investors. >>

peter alexander, wester vill, ohio. >> we have protesters -- ium msnb clrks msnbc town hall. >> people remember mob violence that led to lynching. >> this guy is a pathological liar. it's hard to fact check because he never has any facts. >> reporter: after the republican frontrunner started name checking sanders at rallies. >> he's the strongest candidate in the general eleksz i think hillary clinton has a number of flaws that trump will be able to exploit. >> winning ohio would be huge for the sanders campaign, just like michigan was. provides enthuse iasm and money for his campaign to continue. if clinton can make inroads with young people. snl mocking her attempts to appeal to them by sounding like sanders. >> the top 10% of the top 1% controls 90% of the wealth in this country. >> reporter: but clinton might have the last laugh if she holds on to her commanding delegate lead. charlotte, north carolina. >> 793 delegates are up for grabs tonight for the democrats. for the republicans, 358 delegates are at stake and while much of the focus is on the winner take all in ohio and florida. don't over look illinois, missouri, and

peter alexander, ohio. >>> i'm kcasey hunt. >> when you are inciting mob violence which is what trump is doing, people remember mob violence that led to lynchings guy is a pathological liar. it's hard to fact him because he never has any facts. >> reporter: sanders' criticism part of a strategy after he started name checking bernie at rallies. >> he is the strongest against donald trump. i think hillary clinton has a number of flaws as a candidate which trump will be able to exploit. >> reporter: both sanders and clinton on a mad dash. the big prize will be ohio. >> winning ohio will be huge for the sanders campaign. just like winning michigan was. provides enthusiasm for supporters and money for his campaign to continue. >> it's also a test to see if clinton can make inroads with young voters. "snl" mocking her attempt to appeal to them by sounding more like sanders. >> you're angry, and i'm angry too. because the top 10% of the top 1% controls 90% of the wealth in this country. >> reporter: but clinton might have the last laugh if she holds onto her commanding delegate lead. casey hunt, nbc news, charlotte, north carolina. >>> 793 delegates

peter alexander, nbc news, westerville, ohio. hunt. democrats unleashing at an msnbc town hall. >> when you are inciting mob violence which is what trump is doing, people remember mob violence that led to lynchings. >> this guy is a pathological liar. it's very hard to fact-check him because he never has any facts. >> reporter: sanders' criticism, part of a calculated strategy after theeplin front-runner started name-checking sanders at rally. >> bernie, our communist friend. >> bernie sanders is the strongest candidate in the general election against drew. i think hillary clinton has a number of flaws as a candidate which frump will be able to exemployed. >> reporter: sanders and clinton on a made dash before tomorrow's showdown where the big prize will be ohio. >> winning ohio would be huge for the sanders campaign, just like winning michigan was. provides enthusiasm for his supporters and more importantly money for his campaign to continue. >> reporter: it's also a test to see if clinton can make inroads with young voters. >> as millennials your voice is important. >> reporter: "snl" mocking her attempts to appeal to them by sounding more like >> you're angry and i'm angry, too, because the t