it is my great pleasure to introduce robert schiller an american economist and academic best-selling author progressive 2018 serving as a sterling professor of economics and fellow yale school at the national center for finance. he received the nobel memorial prize for the analysis of asset prices you'll hear more about his new book narrative economics. viral content is imperative for everyone and that it will propel them into stardom. and in his words if you do not understand that dynamic of that popular narrative you do not understand the changes of the economy and economic behavior. with the first economics what causes bubble and bust in economic markets has all sorts of possible causes from changes and in his fascinating book he argues to explain what statistics meant and shows how the shift of thinking from the university of cambridge shows an important book please help me to welcome robert schiller to politics and prose. [applause] >> thank you. i want to talk today about going viral however i think the idea is what you might think it has gotten stronger with the internet that

professor in the uk a tourist started the project at the previous schiller's. university you know he measured the bones and tracks digitized them animated them together with specialists and compared their mobility with that of living reptiles today. we found that the movement of these animals was already very well adapted to life on land that's going on which meant we had to shift our estimation of when i thought active mobility on land had a vault back by 15 to 20000000 years and. thomas martin's his grandson and his successor tom who are all the way to the depot a freakin castle prepared or obeyed back from the u.s. . this book is. a skeleton it's absolutely complete as far as the most in taxes gallatin of this kind of animal in the world. it's really crazy seeing something like this. almost picture how it lives how it moved and what it saw. you can see the eye sockets in that skull. this is where the treasures of the brahmachari stored among them the famous tom. 2 fossilized samaria the discovery was the 1st biological proof that europe and the us were still

. >> reporter: the university spokesman barry schiller says the campus knows firsthand how destructiven earthquake can be. after loma prieta school owe fish were forced to red tag and implode this student dorm. >> what's being done to fix the nine buildings? >> most of them were red tagged a couple years ago and are now not in use. some of them are going to be retrofitted. many of them probably will not. they will be demolished and eventually replaced. >> are people in danger? those are buildings that are highly occupied. it's on the second list but are eyn danger in the event of an earthquake. >> going back to the seismic review process, retrofitting was done on those buildings, the seismic committee reviewed the work, deemed the buildings all inhabitable, but there is still more work to be done and will be done once funding is freed up. >> reporter: the csu system lists 65 buildings statewide that need to be secured or demolished. but the vast majority of college buildings that fail to make the grade are on uc campuses according to the data we obtained. the uc system is currently in

the case, schiller home price coming amid concerns about the strength of the sector because nobody isilding new homes but they are remodelling. joining us, ceo of the kitchen and bath association love having you on this is the real stuff somebody deciding to spend $8,000, $10,000. you know they end up spending more how is that market doing now >> it is doing well. predicting 2.5 growth in remodelling spend up from a report 2018. it is still expanding, just at a slower pace. >> new home construction is down 54% since 2005 yet, 85 to 88 million millennials getting into home buying age >> weak affordability right now. 60% increase only 26% increase with wages combined with student loan debt. housing is not where we want to be but not bad. >> how are people paying for their building are they using t as atms >> working with equity cash? >> not using equity lines or bigging up under their homes but cash >> biggest trend is cash >> do you see this trend with boomers. boomers are getting older? >> but houses are getting older too. 65% of homes are nearly 40 years old. combined with the fact t

schindler y una asÍ llegaron ebrios, parecÍa que se habían hecho amigos, tanto que copec dudo de oscar schillero continta y quedara todo borroso y no funcionÓ el intento. >> samuel copec no se dio por vencido. >> le dije al director, me trae papel de carbÓn, papel blanco, papel y carbÓn y sello, y con un golpe serio. -- saliÓ. menor y medio o un beso aquÍ. falsificados salvarÍan vidas. antes de que finalizara la guerra, los esfuerzos de oscar schindler ayudaron a mÁs de 1200 judÍos. el 17 de enero de 1945 fue un dÍa feliz aquí en cracobvia. los alemanes huyeron de la ciudad. para samuel comenzÓ otra odisea, encontrar a su familia. aunque los aliados ganaban terreno, la batalla de la sardina fue la Última gran ofensivaalemana para impedir que usaran el puerto belga de amberes, el segundo mÁs grande de europa, lo que permitiÓ a los nazis cercar a las tropas aliadas. en el ejÉrcito norteamericano estaba el paramÉdico antonio acevedo, nacido en california y de padres mexicanos. en una entrevista que concediÓ el museo del holocausto en washington d.c. en 2010, anthony dijo que se quedaron sin balas

elizabeth: nobel peace prize winning economist robert schiller said that a recession is now likely yearscause of the trump boone. what jamie dimon, delivered a smackdown on democrat government control dreams. >> the notion that socialism, free market capitalism, free enterprise, and freedom are linked. freedom of speech, freedom of religion, and freedom of enterprise are capitalism, government is taking control of assets and companies, they use those companies for one thing only, keeping themselves in power. using companies asset to get votes, okay, these companies are -- you en u end up with venezue. elizabeth: new york times had a enum rat and clueless headline saying in a strong economy, why so many workers on strike, in strong economy workers have more collective bargaining power. plus more people working, should we expect more strikes than a strong economy, your take in that, what jamie dimon said. >> we have record low unemployment in 24 states right now, for african-americans, and asian americans, hispanics coul, adult women, if you look at median household income we have gone up

. >> reporter: university spokesman barry schiller says the campus knows firsthand how destructive an earthquake can be. after loma prieta, school officials were forced to red tag and implode this student dorm. what's being done to fix these nine buildings? >> most of them were red tagged a couple of years ago, and are now not in use. some of them are going to be retrofitted. many of them probably will not. they will be demolished and eventually replaced. >> are people in danger? those are buildings that are highly occupied. it's on the second list, but are they in danger in the event of an earthquake? >> so going back to the seismic review process, retrofitting was done on those buildings. the seismic committee reviewed all of that work, deemed the buildings all inhabitable, but there is still more work to be done and will be done once funding is freed up. >> reporter: the csu system lists 65 buildings statewide that needs to be secured or demolished. but the vast majority of college buildings that fail to make the grade are on uc campus, according to the data we obtained. the uc sys

with apologies to bob schiller it will be contracting quarter.om last year. walk banking earning they're ones to watch. they're so sensitive to the economy. lower rates have gone the less profitable it has been for them. it is way early in the process. a lot coming out on that front. here is charles payne right now. charles: thank you very much, neil. i'm charles payne this is "making money." breaking at this moment. markets cautiously grappling with what is next with the trade truce. we'll break it all down for the investor. what should you be doing at the very moment. with the fed interest rate decision looming, many are calling out president trump for bullying central bank but is it really wall street bullying the fed? one investor takes a stand. sanders calling out warren as capitalist as he tries to make himself the front-runner ahead of tomorrow's

to hear bob schiller tell it, not to old to forget we haven't wiped out economic cycles. he was here yesterday warning about this. do you think that that strategy, that got him elected that personality, that never in doubt will win the white house for him again? >> it certainly could. in fact if we don't have a recession, we're on a tipping point now. i give it 50% chance. neil: do you really? >> in 2020, yeah. neil: all right. we haven't repealed economic cycles or possibility of recession. we haven't seen one in better part of a decade now. so obviously the consensus, we haven't really outlawed that but possibility is always there. pacer etf president sean o'hara. timing is everything. most don't see it in the cards before the election but what do you think? >> neil, thanks for having me on. happy birthday to fox business. let me give you two streaks. since 1901 every republican president had a recession during their first team. i think that streak ends because of the other streak i will talk about, 29 out of 29 quarters estimates for earnings on the market have been un

kay schiller is expected to show a 2% year-over-year increase that's identical to the increase we sawbout the future of the 737 max. joining us now senator ted cruz, chair mapp of the commerce committee's aviation subcommittee who will be at the hearing today. senator cruz, good to see you again. couple of moments ago our guest host said that at this point, the ceo just can't stay that there needs to be a break at the top. given everything we know at this point as has been all these additional data points have come out over the last three, four, fire months, do you agree with that is that what's really needed here, do you think at this point? >> i think that's a question for boeing shareholders and for their board to decide but i do think it is important that there be real accountability there's a lot of questions that still need to be answered. i think their testimony today very important number one, retrospectively looking backwards what went wrong. how was this plane designed with this new system the m cast system that adjusted the tilt of the nose downwards how was it designed wit

i was a lawyer for boys schiller flexner.tensive knowledge about natural gas or ukraine itself though? >> no, i think i had as much knowledge as anybody else who was on the board, if not more. steve: mr. speaker, he also said at one point if biden was not his last name he probably would not have been asked to be on the board. >> well, look. you have a very unusual circumstance where vice president biden has said he didn't know his son was on the board. was making money out of ukraine. his son has said in different interviews oh, yeah, i told him that i was getting paid in ukraine. now, again, given joe biden's memory, it's possible he just didn't remember it. but, if one of my children was making $600,000 a year, i would probably notice it on the way through. and i would also say i would like to know what exactly is the status of the money that came out of the chinese investments and he can say he hasn't drawn any yet but what was the deal? is it just sitting there? did it never happen? because there is a great deal of smoke.

schiller, 42. (camera shutter snaps) first time? woman: who the hell is that?