what is robert shiller think? -- what does robert shiller think? mr. a slow period, it wouldn't surprise me if we had a burst of growth. we will get past the election and maybe we will be more focused on economics. robert, thank you. robert shiller, american economic association president and yale economic professor joining us. moving onto company stories, shares of caterpillar falling, as they cut 2016 sales forecasts amid sluggish growth and expectations for low commodity prices. joins us now with details on what happened. without this industry was stabilizing. i think commodity prices are looking better, oil is looking a little better. there are two problems on equip inside. there is excess inventory -- on the equipment side. there is excess inventory, the equipment side is not going to turn break quickly. you usually what see first is parts move. we did get a first good sign on that front this quarter. ceo, i look i'm the at efficiencies. you look at the trucks and big tires that cost an absolute fortune. those guys are talking about using fewer tr

shiller not gotten back to us. >> do we know exactly what they're probing, meg?s like it's a potential accounting fraud charges related to this relationship with philidor. beyond that, we're not completely sure. and that has been the source of a lot of different legal investigations. others look into their pricing, into their patient assistance. they're dealing with this just from all sides. >> all right. meg terrell, thank you. >> thank you. >>> what a sticky situation. >> yeah, that's a hot potato. you want to stay away from that. you don't want to be the last person holding this thing. >> the problem is, it never seems to end. every time we think they're at the end of this road, thief got a new ceo and probes coming out. we all know the balance sheet and leverage they've got on. that's the issue, everyone trying to figure out. this is just one more thing you just can't have going on. it's why it really is no-touch. there is not a lot of dipping into this stock, unless it's quick trades and get out. unfortunately, there's too much pressure on it to the down sid

on tuesday we'll get one read on housing trades with the case shiller home price index and on wednesday we'll see how many homes sold in september and if you haven't already go to the pumpkin patch or enjoy a pumpkin spice latte. wednesday is also national pumpkin day and basketball fans will be happy. the nba season gets under way and on friday the first read of the third-quarter gdp. we began with airlines and will end with them, too. sort of a round trip. you may know fashion designer zac posen from the tv show "project runway" and now he has a new venture. courtney reagan tells us if the new style will ever take off. >> reporter: zac posen's latest business endeavor is designing for a different runway. delta's uniforms are getting a makeover. >> to have this opportunity to design for 60,000 people is a huge responsibility. >> reporter: after 18 months brainstorming, research and on-the-job training -- >> and i served, you know, the peanuts and pretzels. >> and lots of input from employees from functionality, fit and the biggest change. >> the final surprise was they said we want to

shiller hasn't gotten back to us. >> very basic.re investigating those two men, not the company, or do you know? >> it appears they are investigating both the company and bloomberg reporting they are also focusing on the two men. >> they had already talked about a criminal probe of the company itself. now the two former cs. meg, thank you very much. >> thank you, guys. >>> it is halloween. you know that. ghosts and ghouls have been out at haunted attractions all across the country. all month. coming up, the very big business of spooky sights. after this. mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle. and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars. will your business be ready when growth presents itself? american express open cards can help you take on a new job, or fill a big order or expand your office and take on whatever comes next. find out how american express cards

according to the latest s&p case-shiller index, prices gained more than 5% in august from a year ago.k of inventory and low interest rates helped push them to near record levels. the strongest year over year increases were in portland and seattle, both up more than 11%. and denver, it was up more than 8%. >>> it is open enrollment season. the time of year when people can make changes to their benefits and health coverage. but as we reported last night, those who get their health insurance through the affordable care act, are in for some sticker shock. average premiums are rising sharply. and as bertha coombs reports, that's raising a lot of questions about the program. >> reporter: consumer shopping for affordable care act will see premium increases that average about 25% for next year, according to the health and human services department. and nearly half a dozen states where consumers are now down to just one insurance choice, that increase could be even steeper. in arizona, where nearly all but one has just one insurer, rates will more than double for those who are buying without s

and a read on home prices with the release of the s&p case-shiller home pricin sde in and that's whato watch tuesday. >>> the white house today confirmed that health care premiums will go up sharply next year for insurance sold through healthcare.gov. before subsidies, premiums for a mid-level plan will increase on average 25%. the administration says that the subsidies will help offset that price increase, but it comes as a number of insurers have pulled back from offering plans in the federal market. open enrollment starts november 1st. >>> today brought a surprise in the rankings of car brand reliability. the latest report on that shows a japanese brand stumbling while a domestic brand has jumped to near the top of the list. in fact, for the first time ever, consumer reports puts a domestic brand among the three most reliable auto brands in the u.s. phil lebeau reports. >> reporter: they're not the flashiest models for sale, but buicks are turning heads, especially after the latest report on auto reliability by "consumer reports" which ranks buick as the third most reliable brand b

on the economic front, the monthly s&p case-shiller hpi is out. followed by the consumer confidence report at 10:00 a.m. the fed president will be speaking this afternoon. on the strong dollar theme, i'll be watching p&g earnings. they have been dealing with it. one of the worst sufferings from the strong dollar over the last year or two have turned around their business. we'll see if that strength is justified after what was a pretty weak quarter from big competitor kimberly clark on yesterday. you could take apart whichever industry. the earnings stories are unique. not to mention what's going on in the world of deals. >> looking forward to discussing that more. sonic reporting a bigger than expected drop in sales in its latest quarter. the fast food chain says competitive pressure led to that slowdown carrying over into next year down. thank s s to a licensing deal t suned with chip maker. fourth quarter guidance is above strong growth up 7%. stronger margins. however, the utah based lenders says it loans under pressure from exposure to weaknes

tomorrow look for case-shiller and consumer confidence.nd on thursday, durable goods and pending home sales. it's the heaviest week of earnings season with the third of s&p 500 reporting. among the big names to watch, 3m, caterpillar, dupont, general motors, apple, boeing, coca-cola, alphabet, ford, amazon, just to name a through. tomorrow is apple, the world's most valuable company. a lot of the biggies, amazon, some of the top market companies will be reporting. so it could be moving the entire index. so far there's been a lot of beats. >> our parent company comcast is there as well. >>> and visa will point results after the close today. landon dowdy is joining us with three things to watch in this report. landon, over to you. >> good monday morning to you. visa reports fourth quarter results after the bell today. here's the three things to watch, first the numbers. the street is looking for earnings of 73 cents a share on revenue of 4.2 billion. and visa recently announcing it would increase the quarterly dividend by 18% signaling its i

case-shiller for august was up more than 5%. >> liz, i think there is one main, 400-pound gorilla in the room. that's friday's gdp. the fed's going to base their forecast on it. equities are seeing if there is growth in the fourth quarter and the selection hovering. can we see 2.5% growth after the anemic number in the second quarter, and you heard mr. trump talk about it, you heard secretary of state clinton defend it, that is that growth is coming, and i got to be honest, if that number is sub2%, things are going to change whether it comes from the fed, whether it comes from the stock market, and certainly in the election. liz: okay, and then you look what's happening with oil, elliott. it did settle down. there was a point where oil did break below $50 a barrel and getting the inventory numbers out. we'll see another big build in inventories. too much supply? >> always a big build in crude, liz. we talked about it last week, and talking about $50 crude. it's $50 today, it will be $50 next week. crude has room to go lower. not higher from here in my opinion, anything is possible. i

tomorrow look for case-shiller and consumer confidence, thursday durable goods and pending hopend ing home sales. >>> and it is the heaviest week of earnings. among the big names to watch, 3m, caterpillar, dupont, general motors, apple, boeing, coca-cola, comcast, tesla, ford, ups, alpha bebet, amazon, chevr. we may not have to use the e-word. >> election? >> the other e-word. >> there's economy, earnings. >> we only have 14 days. >> then one of them becomes president. >> i've taken the new view. i have. it's a bit of a relief for maybe private sector and business people. just a bit of a relief. it is a bit of a relief. >> what is? >> that the eight years is coming to a close. >> what are you talking about? >> i don't care -- what do you mean? i can see how that doesn't register with you at all. the last eight years and the anti-private sector, the constant confrontation between private sector and government. >> and you have two candidates who are going to go after the private sector, both of them. >> there are personality things that bother -- >> to your point about the left, even --

we're going to get the k.sh sh p shiller report.xpected to show a rise in august home prices compared to a year ago. >>> how the new iphone 7 may or may not have helped the bottom line. >>> earnings out from united technologies. the industrial conglomerate earning $1.76 per share. that was 10 cents above estimates. revenues also beat forecasts. we see 8 cents higher in extended hours trading in the premarket. >>> and visa reporting better than expected results after the bell. higher payments in visa europe helping the firm. full year revenue growth, the results come just a week after its ceo charlie scharf said he would step down. speculation he would -- >>> reports say twitter could terminate about 8% of its workforce or about 300 people. that's the same percentage it cut last year when jack dorsey took over as chief. the news comes amid questions about what's next for twitter. bill miller was on cnbc's half-time report yesterday. he said what he thinks twitter needs is an activist. >> i do. i think an activist, somebody like carl