customs union and a common economic space we have no choice we need to have a draft agreement in simon simon was mostly due to loose to play with. but it must not let them go and say that in this world. it is the government's own feet. our dentist. sure enough it is i'll be meeting again until may we will hold another meeting in april to discuss the remaining issues it will be one month before the signing agreement with the region comprises only she's inside and i'm sure or school proposal was it the exam. being in school mentioned that he will give them a number of conflicts palms assault assault and as might suggest a meeting in april. i think in the pool was a mickey shoes too saw the highest level of presence would take the final decision get a good look around jesse was the best in show up ordering a quarter. i cannot open the minds. there's no doubt that all complex issues will be settled. the leaders of the three countries expressed intentions to finish the process. armenia's introducing changes to comply with the requirements of the customs union. given the centers also repairing the

like a clown. >> simon: oh, come on, you wore a hat... >> youssef: yeah. >> simon: ...that made him look like a clown. >> youssef: i made fun of the hat, not about the president. >> simoncome on. >> youssef: i impersonated the hat. ( laughter ) >> simon: egyptians across the country laughed themselves silly, but morsi was not amused by the hat joke. a warrant was issued for bassem's arrest. he was formally accused of insulting the president and insulting islam-- serious charges in egypt. but at his interrogation, he reacted the only way he knew how. >> youssef: they called me in... in an interrogation. it was fun. >> simon: it was fun? >> youssef: yes, because there were some people in the area that were actually fans of the show. ( laughter ) >> simon: now, when... when they read you out the joke, were they laughing? >> youssef: the guy was reading it with a straight face, but the guy who was actually writing was laughing, and the lawyers were laughing. >> simon: he records in this 75- year-old art deco theater, built in the same style as radio city music hall in new york. >> youssef: each episode, we have 100,000 requests for 200 seats. 100,000 requests-- can you ima

: bob simon, "60 minutes." >> bob simon discusses the artof a surprise interview. go to 60minutesovertime.com. sponsored by viagra. ♪ ♪ [ male announcer ] spring is calling. get sta-green fertilizer now just $8 at lowe's. ♪ >> kroft: i'm steve kroft. thanks for joining us. we'll be back next week with a brand-new edition of "60 minutes." captioning funded by cbs and ford captioned by media access group at wgbh access.wgbh.org afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. from the classic lines to the elegant trim in each and every piece, ♪ kohler will make your reality a dream. millions have raised their hand for the proven relief of the purple pill. . . com. there iside effects m fractur

simon, sounds like a hit. simon schama, "the strp of the simon schama, "the strp of the jews," the book, pbs, we'll be that's one you calcould play it.t? nothing wrong with 8 hours sleep. another option? you get back in there, fight the coming of tomorrow. make it the kind of night most men can only dream of. fortune comes to those who seek it. new miller fortune. undistilled with a smooth finish for spirited nights. phone: your account is already paid in full. oh, well in that case, back to vacation mode. ♪boots and pants and boots and pants♪ ♪and boots and pants and boots and pants♪ ♪and boots and pants... voice-enabled bill pay. just a tap away on the geico app. ♪ huh, 15 minutes could save you 15% or more on car insurance. yup, everybody knows that. well, did you know that some owls aren't that wise. don't forget about i'm having brunch with meagan tomorrow. who? seriously, you met her like three times. who? geico. ( cheers ). >> stephen: that's it for the report, everybody. we'll see you in a week. captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org

simon, sounds like a hit. simon schama, "the strp of the simon schama, "the strp of the jews," the book, pbs, we'll be what islertness... it's owning your opponent... it's knowing beyond a doubt "you got this"... it's keeping your head down, your eye on the ball, and knocking it out of the park... it's getting in the zone... it's keeping on your toes... on target... on top... focus is staring the world in the face and saying "bring it"... focus is power... focus is life... and 5-hour energy is focus. [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2014 smart. ♪ tight turning, fun to drive 2014 smart. and now they're delivering delaward winning, zas. wing joint quality wings here our wing street kitchen. they're always kitchen fried, hand-tossed in eight signature sauces. and then they deliver them. get eight bone-out wings for five bucks, or a buck more for bone-in. wing street from pizza hut. ( cheers ). >> stephen: that's it for the report, everybody. we'll see you in a week. captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh

>> it finishes with our conversation this evening. >> stephen: really simon, sounds like a hit. simonama, "the strp of the jews," the book, pbs, we'll be ♪ geico motorcycle. see how much you could save. starburst? juicedratic equation... super top-secret mathematical formula they keep stored inside a safe... inside a vault... inside a volcano. ohh..."juicedratics." [ female announcer ] starburst. unexplainably juicy. ( cheers ). >> stephen: that's it for the report, everybody. we'll see you in a week. captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org >> it's 11:59 and 59 seconds. it happened on brobible.com today. ( laughter ) >> no, that is not a scene from too fast, too furious. i hate myself. it's a cute ltt

>> it finishes with our conversation this evening. >> stephen: really simon, sounds like a hit. simonthe strp of the is that what i think it is? it's an eggs benedict sandwich. but how did you get the eggs benedict into the sandwich? i went to dunkin'. dunkin's new eggs benedict breakfast sandwich with the flavor of creamy, lemony hollandaise. try one today. how do you do it? you go godzilla! seriously! uhh there he goes! woo! ya! [ roars ] [ all ] awww! what? godzilla's actually pretty cool. except when he's hungry. ♪ [ roars ] [ people screaming ] quick, throw him a snickers®! ♪ mmm! ♪ woo, yeah! [ male announcer ] you're not you when you're hungry®, snickers® satisfies. see the new godzilla in theatres may 16th. ( cheers ). >> stephen: that's it for the report, everybody. we'll see you in a week. captioning sponsored by comedy central captioned by media access group at wgbh access.wgbh.org >> from comedy central's world news headquarters in new york, this is "the daily show" with jon stewart. ["daily show" theme song playing] [cheers and applause]

simon: they are professionals. >> glassey: they are really, really professionals. >> simon: there is no way for you to get there in time. >> glassey: no, no, no. for the cops, it is very difficult. normally, we can say between three and five minutes. >> simonnd by that time, they are in france. >> glassey: at that time, they are on the way to france. >> simon: a james bond blockbuster could be made out of what they did in st. tropez. the roads get clogged in the summer. so, after posing as tourists and scoring more than $3 million worth of jewelry, the panthers made their getaway by sea. and when you hear that they got out of st. tropez in speed boats, are you thinking, "that's pretty good"? >> glassey: i really... all the cops are thinking that, "that's pretty good, but now we have a lot of job to do." ( laughs ) >> simon: we drove to the seaside town of ulcinj, montenegro, to meet a semi- retired pink panther who has been associated with that job. he calls himself "filip." he agreed to talk to us at a rented apartment in a secret location. we had to turn off our electronic devices before he appeared, and we agreed not to show his face. how many jobs have you done? >> filip: nine. >> simon: nine. what was your best robbery? >> filip: my b

>> it finishes with our conversation this evening. >> stephen: really simon, sounds like a hit. simonchama, "the strp of the jews," the book, pbs, we'll be [ male announcer ] why get delivery... when you can have digiorno? delivery or digiorno? now with a richer, more flavorful new sauce, digiorno's rising crust pizza is better than ever. thankfully it's not delivery, it's digiorno. so i get invited to quite a few family gatherings. heck, i saved judith here a fortune with discounts like safe driver, multi-car, paperless. you make a mighty fine missus, m'lady. i'm not saying mark's thrifty. let's just say, i saved him $519, and it certainly didn't go toward that ring. am i right? [ laughs ] [ dance music playing ] so visit progressive.com today. i call this one "the robox." the all-new chevy silverado: from the family of the most dependable, longest-lasting full-size pickups on the road... the truck that beats any ford f-150 in fuel economy... and the 2014 north american truck of the year. and now, during chevy truck month, the price you see is the price you pay, for a 2014 chevy silv

>> it finishes with our conversation this evening. >> stephen: really simon, sounds like a hit. simone strp of the jews," the book, pbs, we'll be jews," the book, pbs, we'll be transferred money from his before larry instantly bank of america savings account to his merrill edge retirement account. before he opened his first hot chocolate stand calling winter an "underserved season". and before he quit his friend's leaf-raking business for "not offering a 401k." larry knew the importance of preparing for retirement. that's why when the time came he counted on merrill edge to streamline his investing and help him plan for the road ahead. that's the power of streamlined connections. that's merrill edge and bank of america. what is focus? it's a wondrous sensation of clarity and alertness... it's owning your opponent... it's knowing beyond a doubt "you got this"... it's keeping your head down, your eye on the ball, and knocking it out of the park... it's getting in the zone... it's keeping on your toes... on target... on top... focus is staring the world in the face and saying "bring it".

simon says run around during recess. simon says play catch or freeze tag for an hour each day. simonore you know. now touch your nose. who moved? i didn't say simon says. hey! have you ever tried honey nut cheerios? love 'em. neat! now you on the other hand... you need some help. why? look atchya. what is that? you mean my honey wand? [ shouting ] [ splat ] come on. matter of fact. [ rustling ] shirt. shoes. shades. ah! wow! now that voice... my voice? [ auto-tuned ] what's wrong with my voice? yeah man, bee got swag! be happy! be healthy! that's gotta go too. ♪ hey! must be the honey! [ sparkle ] sweet. ♪ hey! must be the honey! >> you arebñr watching an nbc area news special. ñjf investigate -- >> you're saying this was intentional. >> yes. we expose what anw3jf inside calls a second set of bookses. millions of dollars in fá unexplained expenses atxd one o thexd bay area's largest transió agencies. >> why can't i just go online is information?çó why can't can i compare? >> again, unfortunately,q the wy that our system works -- >> weçóc investigate california day care inspection lp

simon: excuse me, i can't resist. there's sugar out there? >> peck: yes. there's sugar out there, there's alcohol. >> simon: this is very good news. ( laughs ) >> peck: yes, indeed. indeed. ( laughs ) >> simonentists at alma aren't the first people to gaze at the skies from this desert. for generations, the indigenous people of the atacama were fascinated not by the brilliance of the stars, but by the very same dark corners of space. chilean physicist eduardo hardy, alma's director of north american operations, showed us how they saw the universe. >> hardy: they saw the equivalent of constellations. but instead of looking at stars to draw the shapes of the constellations, they used the dark patches to do that. >> simon: the greeks used the stars. >> hardy: the greek used the stars. the local populations used the dark patches, which is precisely what alma is looking at. >> simon: and in these dark patches, they saw reflections of their daily lives-- llamas, for example. they spun a whole mythology around them. the milky way. >> hardy: here, the milky way is a river. and it actually does look like a river, but it's a river that will take the souls of the dead people and take them to heaven. >

simon. that's simon mcgregor wood speaking to us from brussels. >>> as the diplomats search for a politicalution, inside ukraine some service men are being treasures to do sides. >> reporter: if there is somewhere in crimea where the russians have full control it's here at this port. ships of the black sea fleet block all traffic, military and civilian, draining all life from this otherwise thriving port. this is an easy target for the russians, but if their intention is to take over all military installations in crimea, then the mission is not over yet. ukrainian servicemen have refused to yield to this show of force. we managed to speak of some of the ukrainian service men through the gate here. they said they hadn't received any ultimatum yet. they said they had no intention to surrender their base because they pledged loyalty to ukraine. and they also said they hoped this would be solved peacefully. the soldiers are digging in for the long hall, relying on the support of relatives to keep them going, while politicians try to reach a compromise. >> translator: this story has two sides, o

thanks, simon. simonworker has reached an all-time high. highest read since '78. rick? >> hi, carl. when i was a little kid my dad used to go out and buy that chevrolet impala. first thing he would do, i never really understood why, but he liked to kick the tires a little bit. jim, nobody kicks tires anymore. okay? let's go to part time. so immediately after this number comes out, immediately, the part-time aspects, three times kind of the normal average in terms of a run up of part timers is immediately viewed as a big weather negative. is that the only way to look at it? >> no, the assumption is the full-time people were pushed down to part-time because of the weather. the other way to look at it is the part-time people got jobs because of the weather, shoveling snow or chopping strees because the weather was so bad they needed to employ them temporarily. >> if we were having a debate at a major university could either side -- they could, you know, you think part timers are a good thing although tempora

simon mcgregor woods who joins us from brussels. simon, he talks about a peaceful solution. he said all options are on the table. let's be clear: so far, none of this diplomatic flurly of activity has produced any concrete proposals. i think on the issue of seeking a peaceful solution, he said it -- it caught my attention when he also said, if there are further incarryings, we are ready to defend our countryursiy to defend our country. then he made a comparison with russia in terms of military effectiveness and power. they may have the weapons. we have the spirit of liberty. a clear preference for a political way out. he is ready to talk. the russians were not. that was a consistent message as well. of course, he was repeatedly asked: what is he getting from the eu? what does he expect from the eu, given that we understand that the eu later today after the extraordinary heads of state and government meeting will not necessarily deliver on sanctions, which it appears that the american government has just started to do on thursday. he was very diplomatic? turning on egg shells there, hoping that the e. u. will do their best. i think he was expecting more than that. i am not sure he will get it when the e. u. issues their communique later. >> unlike the u.s. which has just announced new sanctions. he was very adamant that the new government in ukraine is legitmat. he was questioned about this. you know, the russians say he is ill leg illegitimate and that yanukovych is the rightful leader of the country. he is seen as the legitimate prime minister of ukraine certainly by the e.u. though >> reporter: absolutely. i think that's why he is here today. i think a clear signal that the e.u. wands to send. it's here at the heart of the european, been feted with the red carpet, been promised speeded up agreement of the association. as he was saying, restrictions being lifted, new free trade packets being promised, financial aid being promised very quickly. i think the signal here is that this guy as far as we are concerned, says the e. u. is the legitimate representative of the government. on the question, as you mentioned earlier, strong wasn't he on this business of crimea. critical of that situation saying the crimean government is i will legillegitamate and call on russia not to support in the agreement. the russians are behind it to some extent, urging the russians not to undermine the index and territorial integrity. clear messages again both from the president of ukraine in kiev and the prime minister in brucels that this maneuvering taking place is considered by them, i am sure, by the eu. >> simon, thanks very much indeed. simon mcgregor woods following events in brussels. let's cross to john hendron live in kiev. john, it will be interesting to see -- john? where are you? it's me. we do have john hendron. there you go. >> that's john >> reporter: you do indeed. >> it will be interesting to see what the reaction in kiev is. he said he is ready to talk to russia but, so far, of course, no sign of negotiations between the two sides. none at all. in, in kiev, it's different. this is like a paternity case with each side calling the other side illegitimate. in the kiev, you have revolutionary fervor strong in the streets. behind me, there is a speaker in independence square. it is still occupied by demonstrators. here, people are worked up about what's going on the crimea. they say they will not allow it to happen. what's not clear is just how far these revolutionaries here in kiev will go after fighting a revolution in order to take their country back. in order to keep it in tact,

joining me now with mistakes to avoid, financial planner paul simon of the paul simon financial groupit's great to have you on the show. people go out and they first get into retirement and they make a big purchase that they always have wanted. and a lot of financial advisers say that is not the right time to do it. >> when you hire a financial advisor, the advisor must keep his objectives and his integrity to save your money but i don't agree with that. >> and over me i wouldn't do that. >> i tell them that all the time another problem that i the comment i sw this big time after the financial crisis, people operate entirely from emotion. i can tell you from looking at our twitter feed in our e-mails here, people are operating out of that same emotion of fear. what do you think you meant to come a lot of the work at we do is a girl finance. put together a plan and you determine what someone's goals or objectives are, then they have a financial model so that we can see what we are ding with regards to all of the different variables and for abilities. gerri: whn ou see the market from i

simon's suggested "50 ways to leave your lover?" >> get a -- no. get a new job bob? >> that's a good one too. that's a good song. she was singing in her head. that was paul simon's first solo number one hit. simon and garfunkle got together 60 years ago and broke up years later now days there's a lot more ways to leave your lover, facebook, instagram. >> we know that. back across to kat. >> who's not celebrating their 50th birthday in 2014? rob lowe, sandra bullock,mariska,eddie murphy. not celebrating 50? >> i would say mariska. but hoda is. that's depressing. >> okay so the correct answer is eddie murphy. is he older or younger man 50? >> he's already 52. all of them are turning or have turned 50 this year. in fact rob lowe turned 50 st. paddy's day. to celebrate, the aarp commissioned the artist to go around manhattan with a portrait of him. fantastic. >> neat. >> guess who's 50? this guy from minnesota. in the past 50 years, which ford mustang has been the most popular? >> red. >> that seems like a good guess. >> good going. very popular color, the most popular ever. i had a little white used convertible ford mustang when i was like in my 20s and went around the city. the ford motor company

. >> okay, simon, thanks so much. simont the new york stock exchange. >>> coming up, carl icahn squoer scores a win with herbalife. he'll call in just after the break. as we head to the break, look at the nasdaq 100. there it is. handful of stocks in the green. everything is in the red. more half straight ahead. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. [ male announcer ] there is no substitute for experience. for what reality teaches you firsthand. in the face of danger, and under the most demanding circumstances. experience builds character. experience builds confidence. and experience... has built this. introducing the 2014 glk. the engineering and the experience of mercedes-benz. see your authorized dealer for exceptional offers through mercedes-benz financial services. >>> all right. welcome back. herbalife's largest shareholder carl icahn getting three

simon mandale joins us here on the set. simon, first of all we talk about the economic effect on russia. what about the vulnerability of americans who have money in our stock market. >> i think the crisis has changed over the past several weeks. two weeks ago this was not an emerging market issue. this was an issue with the potential to spill over into other regions. now with the emergence of obama coming out saying there will be costs for any activity by the russians, it has become more of a geopolitical issue. in that sense it raises the stakes in both energy prices and other risks. we might see energy prices go up. a good chunk of europe's gas supply come from russia. and if that is at risk, they could be cut off. >> when we talk about emerging markets many include russia in places where you can invest and get a very high return. in in the risk of that country suffers, they may pull back from the united states. we're talking about crimea who are holding a referendum for greater autonomy. it's a greater impact. i don't think the impact will be that great. >> there is the ethical, moral issues involved whether or not they should help the ukraine. but as far as the economic connection, you think its simpler? >> i think if the intention the tensions flare-up between russia and u.s. and they're start to go, and they're pushed into a corner by the u.s. and aid by the european union, there could be an impact on the global energy crisis. >> let me ask you a question. we mentioned last month china with that bad economic report and then run on currency, people moved their money and it caused the stock market to dive. why not on monday global investors will see emerging markets are in trouble again and it's time to move money yet again, and that jittery for the markets. >> it's not an argument whether emerging markets are suffering in the world. that is the case. again, we don't see this as a buying opportunity for buying russian quickties. this has been a fundamental shift in power and regime for a country that has been yearning for it for over 0 years. in terms of a government that implements reforms this is quite important. we'll see what happens in the coming two months before the presidential election of may 25th. you know, it's a great opportunity for ukraine. >> especially if ukraine can put some sort of government together and pay back and avoid a default. simon , thanks for being on the program. >> thank you, david. >> the u.s. treasury department said the federal budget has fallen to the lowest in five years. america was running trillion dollar plus during the recession, but with the government started taking in more tax revenue and the deficit is the difference between what the government takes in and what it spends. many people confuse it with the debt which is what the government borrows to cover the deficit. an economic stock could be right around the corner. more on that coming up. and forget the fish that saved pittsburgh. we're going to tell you about the hockey arena that could save detroit. that and more as "real money" continues. >> the strength of the u.s. economy but the over all picture remains cloudy in part because of the weather. the biggest news was the revision to gross domestic product for the final three months of 2013. we'll learn more about that in a moment. but first, the contracts to buy homes edged up but less than

here with more simon financial group president, saul simon. thanks for coming in. >> thank you. us about the deadline. who is it for? >> anyone that owns an ira and turns 70 1/2, 70 1/2, last year, is required to take out a distribution by april 1st, next week. otherwise there is 50% penalty. gerri: what? >> plus taxable income on entire distribution. for example you have a $10,000 amount of money you're required to take out. no the only do i have to pay a penalty of $5,000 i have to pay income tax on the $10,000. that's if they did not take out the distribution in 13, an remember they had to be 70 1/2 in '13. gerri: slow this down. 70 1/2 seems like bizarre number do come up with. that is the law. that is how it works. the government wants you to start taking money out of your ira to make you pay taxes. that is the basic idea here. so you have to take out, what they call, what do they call it? >> required minimum distribution. gerri: that is the magic phrase. required minimum distribution. how do you figure out what that is? >> based on life expectancy. go to the irs.gov websit

. >> simon, great stuff as always. simon>> $9.00 profit per passenger. >> i'll do my sums now. >>> you told us about super expensive cities yesterday. we're doing super rich cities today in a minute here on "bbc world news." stay with us for that. the global super rich, where they want to live and how they plan on getting there. ng? yeah. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. >>> welcome back, i'm david eades. the top story this hour, american secretary of state john kerry arrives in paris for high-level talks on the situation in ukraine, due to meet his russian counterpart sergei lavrov. >>> the oscar pistorius trial has been adjourned for the day. the pair olympian accused of murder in the death of his girlfriend. >>> you might have thought we were in a worldwide recession. it turns out the wealth of the global super rich has never stopped growing. the property consultant has just released its annual wealt

simon property group on the worst company list. >> indeed. they have been weakening lately especially today so i want to avoid all of real-estate stocks and interest-rate sensitive stocks. simon property group, you own shares of simony group. i am shortening legless and this as interest rates rise especially at the short end names like these are going to struggle. all dividend stocks people of bottom last couple months are going to go down. melissa: you rock, thank you so much. i want some of our friends out there that are watching a tweeting it is chrysler, their cars are popular, they suck. not sure i can say that on tv. someone else said the federal government is the worst. that is a good one as well. a number of people said the federal government which may tell you something about our viewers, the worst company out there. >> that is a good irs, worst agency probably. just because it is a bad company doesn't mean it is a bad stock. it is all about price. looking at this, if i was going to make the case it seems you could say american eagle has had a lot of bad moves priced in for the last year. you could argue simon had a good year. rebounded from the financial crisis, vacancies are down. revenues up. melissa: o

. >> vice news correspondent, simon ostrovsky, thank you so much, simon. >> thanks. >>> coming up, it used to be you had to convince kids to get their shots. >> it's time to get your shots. >> oh, no, forget it, captain, i'm not getting shots. no, sir. no one's going to give me a shot. >> fine. i was just checking. >> what? >> i said, okay, if you don't want the shots then you won't get shots. >> is that it? i mean, are you going to let me go out and catch measles and mumps? >> you said -- >> never mind what i said. have you ever seen me with mumps? >> now you have to convince their parents. why that is, ahead. >>> not always, but sometimes the campaign trail can be a place where myth and reality get to meet face to face. take our old friend, scott brown, former massachusetts senator, now openly considering another run for senate, this time in new hampshire. the once and maybe future senator was recently visiting the home of a republican legislator by the name of herb richardson for a meet and greet in his newly adopted home state. and in that intimate setting, scott brown did what sc

simon marks is a former bureau chief. simon welcome. you just heard the back and forth i had with congressman engle, and john mccain and president obama. they're talking about international law. who -- does putin care about any of that? >> i think that's the real question, martha. if anything good comes out of all this. it may be a fundamental misconception that one can argue has dogged russia for years, it's finally smashed. the misconception being that vladimir putin craves international respectability. you can hear john kerry talking about it in kiev several years ago. saying what russia is doing is not what we expect of a g-8 country. this is a major nation behavior. there isn't a vast amount of evidence to support the view that vladimir putin actually craves that kind of respectability and will be particularly damaged if he's thrown out of the institutions that the congressman was just referring to. >> it's fascinating you bring that up. john kerry was scolding vladimir putin saying, how come you don't care about these things. you're not behaving like a g8 nation, that's not how you're supposed to behave. putin is saying, we may have to get stronger in a military force way. for now, that's off the table. >> one of the ways in which countries express a desire to win international respectability is by hosting the olympics. vladimir putin has just shredded $51 billion that he spent hosting the winter olympic games. it didn't buy him an ounce of international respectability. and certainly any good will that did exist by the end of the games has largely been shattered as a result of what he's done in the crimea peninsula, and may be poised to try to do in eastern ukraine as well. this argument that you can travel to moscow as the united states did a few years ago, somehow we can reset the relationship, it's all based on the motion that we're all speaking the same language, the reality as angela merkel said to the president over the weekend, is that vladimir putin may be in a completely different world. >> it's reset all right. just not sure how well. simon, thank you. good to see you. thanks a lot. >>> we have dramatic developments tonight in the case of a german family that fled to the united states, fearing that their children would be taken away from them, because they wanted to home school them according to their christian beliefs back in germany and weren't allowed to do it there. >> reporter: just 24 hours after their hopes were dashed when the supreme court turned away their final legal appeal, the family got the best news they could have hoped for, the administration says it has no plans to deport them. they are evangelical christians who objected to what their children were being taught. an international judge originally granted them asylum. the obama administration appealed and one. a supervisor from the department of homeland security called the team to tell them the family has been a deferred status. they can stay in the u.s. unless they commit a crime. the father of the family said, i wouldn't mind staying in germany if the

. >> vice news correspondent, simon ostrovsky, thank you so much, simon. >> thanks. >>> coming up, it used to be you had to convince kids to get their shots. >> it's time to get your shots. >> oh, no, forget it, captain, i'm not getting shots. no, sir. no one's going to give me a shot. >> fine. i was just checking. >> what? >> i said, okay, if you don't want the shots then you won't get shots. >> is that it? i mean, are you going to let me go out and catch measles and mumps? >> you said -- >> never mind what i said. have you ever seen me with mumps? >> now you have to convince their parents. why that is, ahead. salesperson #1: so again, throwing in the $1,000 fuel reward card is really what makes it like two deals in one. salesperson #2: actually, getting a great car with 42 highway miles per gallon makes it like two deals in one. salesperson #1: point is there's never been a better time to buy a jetta tdi clean diesel. avo: during the first ever volkswagen tdi clean diesel event get a great deal on a jetta tdi. it gets 42 highway miles per gallon. and get a $1,000 fuel reward card. i

. >> vice news correspondent, simon ostrovsky, thank you so much, simon. >> thanks. >>> coming up, it be you had to convince kids to get their shots. >> it's time to get your shots. >> oh, no, forget it, captain, i'm not getting shots. no, sir. no one's going to give me a shot. >> fine. i was just checking. >> what? >> i said, okay, if you don't want the shots then you won't get shots. >> is that it? i mean, are you going to let me go out and catch measles and mumps? >> you said -- >> never mind what i said. have you ever seen a me-- with mumps? >> now you have to kons vince their parents. why that is, ahead. [ male announcer ] if you suffer from a dry mouth then you'll know how uncomfortable it can be. [ crickets chirping ] but did you know that the lack of saliva can also lead to tooth decay and bad breath? [ exhales deeply ] [ male announcer ] well there is biotene. specially formulated with moisturizers and lubricants, biotene can provide soothing relief and it helps keep your mouth healthy, too. [ applause ] biotene -- for people who suffer from dry mouth. [ girl ] my mom, she ma

simon ostrovsky. filed an amazing report yesterday. simon, what's the situation where you are in crimea like right now? >> hi. well, i'm in sevastopol, and there is a ukrainian naval base here. it's the high command for the whole of the ukrainian navy, and it's been under siege for the last three days or so. that's the base that i managed to get into yesterday by climbing over the wall because it's surrounded by pro-russia protesters as well as russian troops and some of the russian troops are actually inside. but the sailors inside of the base haven't yet sort of laid down their arms or switched sides which is what the russian troops and the sort of pro-russia supporters are trying to get them to do and what russians are trying to get ukrainian military officers across the crimean peninsula to do and essentially what their strategy so far has been a war of attrition, trying to wait them out and make it difficult for them to get food and other stuff into the bases and put pressure on them and ask them to pledge allegiance. they've been pledging allegiance to the people of crimea instead of to russia, itself, when they do give up, and i think that's part of a strategy where russia is trying to stay arm's length from what's happening here while being at the same time very involved. >> you said russian troops, and today vladimir putin contended that they are not, in fact, russian troops. is there any doubt on the ground where you are that these are, in fact, russian troops? >> well, not to me, and not to anybody who's in crimea, i think, because first of all, a lot of the trucks that they arrive on have russian license plates on them. russian official military license plates. and then a lot of the soldiers, themselves, they've already been here for a few days now have started talking to locals because they've been standing outside of the space and openly admitted to people that they're from russia and are russian soldiers. the ukrainian military officials they've been negotiating with and put pressure on to lay down their arms have been speaking to people saying these are representatives of the military, the russian federation. and, you know, off the record, some of the soldiers that i've spoken to outside of a ukrainian base told me they were russian. >> you mentioned before local civilians, russian-speaking citizens of crimea who are there. every time i've been seeing images and file footage and reports out of there, there are people standing around who are not uniformed. who are these folks, and what are they doing? >> well, there's a number of different groups. i think probably some of the people standing outside of the bases are genuinely just concerned local citizens who support the fact that russia has brought troops to the crimean peninsula because traditionally there are a lot of russians who live here and who support russia, but also there's sort of a thuggish element to it. it seems like there's supporters of political parties that are aligned with russia. local political parties that are aligned with russia who've been brought out in force to stand outside the bases and blockade their gates. i spoke to the leader of a party called russian bloc earlier today who's got groups of people outside of the naval high command as well, and, you know, they're explaining their presence by saying that they're trying to prevent what they're calling provocations or i suppose, you know, surprise attacks from what they're calling extreme nationalist and fascist elements from kiev, but there's not really been any evidence that such an attack is being planned and i think they're just sort of setting that up as the excuse for having the russian presence here now. >> simonstrovsky, thank you for the excellent reporting from vice news. >>> joining me, michael cohen, a columnist for "the garden." it was interesting today vladimir putin explaining this. on one level, this is an old school brazen grab, he sent his troops into a place, his troops have surrounded and laid siege to other countries' troops. at the same time, he's been careful about keeping this arm's length distance and justifying the actions in these humanitarian terms. this is him talking about this as a humanitarian mission at his press conference today. take a listen. >> translator: this is a humanitarian mission. it is not our goal to conquer somebody, to dictate to somebody, no. but of course we will not remain indifferent if we see those people are being destroyed, humiliated, killed. >> it's almost a through-the-looking-glass version of things we've heard from the west about humanitarian intervention before. >> absolutely. there's nothing humanitarian about this. this basically is old-f

simon and shuster before we revealed his identity. we didn't know that they were going to kill the book. a lot of people got very upset with simon shuster, because they said why would you publish this guy's book if he really didn't work at goldman. >> there's the argument that parity -- >> a lot of people thought it was a parity account, too. i did not expect, by the way, them to kill the deal. and then, of course, these guys picked him up saying there's so much attention on this anyway. >> is he getting another six-figure deal? >> it's another six-figure deal. >> as a best-selling author yourself. i don't know the book industry at all. if you look at how greg smith, the former goldman sachs guy, who wrote that article, if his book didn't sell well, wouldn't simonnd shuster be looking for a way out? did they have second thoughts? >> they picked up this book after the greg smith book. the greg smith book was a fact yu -- failure. that is true. >> is that fair to say? >> given how much it sold, you put it in the failure category. it did still sell some copies. >>> coming up, health care and business ethics. the ceo of health care improvement company premier going to take us inside that industry when we return. no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value pl

simon hobbs has the run down there. simon? >> scott, the thing to realize about europe was that it opened today. down heavily. over 600 stocks around europe. only 27 of them were green. we have a major rebound coming through from, for example, france was down 0.8%. now up half of 1%. that's a huge move that you're getting on the european markets as they cut the losses. obviously they were inspired by yellen's comments yesterday. and this idea that the interest rate cycle around the world potentially is beginning to turn. what was interesting is that you still haven't had a full recovery on bonds though. bonds sold off on what yellen had to say. the yields went higher. chiefly actually at the core of europe and you can see it here on italy and spain as well. the yield's higher. we are getting a little bit of a retrenchment. talking just about the stocks doing well from high interest rates. and the comment here was the financials while in europe, the big insurers have started moving to the upside. look at these. standard life which was hit so bad yesterday. the guys net net according to the price action will do better on high interest rates. though they're longer dated maturities of course may have some capital losses there. in the uk, they're still picking up the pieces from that shock announcement yesterday from george osborne, the finance minister, that in the future there will be no compulsory annuities for pensioners. these are two of the annuity providers that have really been hit hard over the last couple of days. partnership assurance down 60% as the bulk of its business, potentially, appears to disappear. george osborne actually telling the bbc radio for today that it's time that the uk trusted savers. arguably, guys, like the system does here in the united states. back to you. >> simonso maybe our market possibly getting a lit bit of a boost off of europe closing and having its own reversal. >> just a general assessment and re-enforcement that whatever yellen said yesterday we can move on and market can move higher. >> simon, thanks. >>> as we head to break, stocks adding to gains today. heat map is telecom, tech, and financials lead the gains today. coming up, if there's action in the options market, you know who is all over it. the najarians. find out where the unusual activity is popping up today and how you can stay one step ahead of the big stock move. plus, fed chief janet yellen says she may raise rates as soon as next spring. our next guest says that's exactly what he wants. blackrock's rick rieder unveils his fixed income playbook. >>> rising rates may have spooked the markets yesterday but not our next guest. rick rieder is the chief investment officer at blackrock. he wants to see higher rates and thinks it's going to happen sooner than most are expecting

simon next in kentucky. simon you are on the air. one must call for simon.me move on to charlie in california, republican collar. caller: good morning. thank you for taking my call. stock file ofs. chemicals, about two months ago i wasasian news report watching, they blatantly said the stockpiles taken out were being dumped into the ocean. is this something -- i have not heard anything on any local news reports or anything in the u.s. the u.s. is spearheading the disposal of chemical weapons. we have a ship that is specifically outfitted to process the chemicals from the chemical weapons in my understanding they are gathering them and have to secure them. they take them to see that they are not being dumped into the sea but are being processed on of ship to do a variety different things. some of the incineration and other processes to make the chemicals harmless. so believe me, they are not dumping into the sea. three area -- syria cooperating with that effort? >> not as much as they need to be. the pace at which chemical weapons are coming out to be process

simon thank you. speaking to us from london. >>> and as simon was saying, russia faces sanctions if the referendum doeso ahead. already the united states has issued travel bans and frozen the assets of people and companies deemed to have acted to undermine ukrainian democracy. the european union is expected to do the same on monday, especially now that angela merkel has taken a tougher stance. >> translator: if russia continues on its actions of the past week, we would see it as a threat and it would not only change the eu's relationship with russia and cause massive damage to russia economically and politically. >>> traditionally russia has an ally in china. it's china as policy to oppose foreign interference in a country's affairs. china appears uneasy at the prospect of voting with russia on crimean independence. chaiia is already dealing with pressure for independence of tibet and taiwan. james bays is at the un heard quarters in new york. the crisis in ukraine is affecting other discussions at the un, no doubt? >> it is certainly the disto try to make a statement, just a press statement about the

simon quiere que desde su temprana edad, su hijo aprecie el legado de chavez. simonue quiero que sepan ellos es que el tenia muchos valores y luchaba por una causa noble" a la par que se estreno el largometraje a nivel nacional... el presidente obama decreto el 31 de marzo como dia de cesar chavez, a quien califico como uno de los campeones de la justicia social mas grandes que ha habido en la historia. y por si fuera poco, sacramento homenajeo al lider.. su familia estuvo presente, y su hermana rita se manifest llena de orgullo rita medina / hermana de cesar "muy feliz, contenta por lo que han hecho por mi hermano, que sigue el legado adelante.. lo extranamos mucho" berta garcia/le encanto la pelicula "ojala mas gente venga y con sus hijos yo traje a mi nieto y a mi hija y yerno" outro y si ud vive en san jose no se pierda el homenaje que le estara realizando la iglesia nuestra senora de guadalupe a las 3 de la tarde reportando desde el centro de satelites, andres brender, noticiero telemundo 48, regresamos contigo al estudio. ---tiempo de una breve pausa pero al re

simon is right and the data that hard working americans are facing is trying to pay the health care premiums and not losing the health care coverage. simon can say it all day long. >> there are too many. >> and talk to the people watching this program, simon just ask them. all we have to do is ask them who lost the health care premiums. more on this topic. and they have enrolled and a closer look. and they join us from washington, jim? >> the president and other officials seem relieved as the consumers signed up for obama care. we passed the 6 million mark of individuals that enrolled and they need to get fully covered in the health insurance market. >> paying premiums is one of the sticking points and analyst said that 20 percent are not paying and they are not officially enrolled and knocking the numbers down to 5 million and the administration will not say how many signing up were previously uninsured. 6 million had policies cancelled. >> we asked how many uninsured it is 1 or 2 million out of 50 million uninsured. and that is not a good bath average. >> surveys back that up. the vast majority of those enrolling now get them. the kaiser foundation said 17 million. >> and if you are getting money to sign up, why are we only getting 15 o

simon and garfunkel" --me too --"but i really love black simon and garfunkel. could you have them on?" well sean, it's funny that you mentioned that. last night, i was having a a drink up town at the bass clef. and i saw these guys perform. they really brought the house down. so here to perform a song, ladies and gentlemen, off their box set. here's black simone ] ♪ ♪ i've never seen a diamond in the flesh i cut my teeth on wedding rings in the movies ♪ ♪ but every song is like gold teeth grey goose tripping in the bathroom♪ ♪ blood stains ball gowns trashing the hotel room we don't care we're driving cadillacs in our dreams ♪ ♪ and we'll never be royals royals it don't run in our blood ♪ ♪ that kind of life just ain't for us we crave a different kind of buzz ♪ ♪ lie la lie lie la la la la la lie lie la lie lie la la la la la la ♪ [ cheers and applause ] >> jimmy: beautiful! black simon and garfunkel, ladies and gentlemen. ♪ they are great. [ cheers and applause ] they're very talented. got any more in here? this one's from mike pace. "hey, jimmy, i love when i go to a sporting event and they do that kiss cam thing. you know, where the camera lands on random couples who then have to kiss. well, i think you should do that on your show, too." well, that's a great idea, but i'd rather do something a a little different. so instead of a kiss cam,

simon, thanks so much for that. simon hobbs, obviously the single most important story facing global markets today. we have markets under pressure all around the world in large part because of what's happening in ukraine. we want to bring in jim o'neil, former goldman sachs asset management famously coined the term brics. >> how are you doing? sorry i can't be with you on video or any other way. >> well, we'd take you by morse code if had to especially on a morning like this. what would you take to break movement as simon now? >> well, i'm no geopolitical expert, but i can't see why this matters that much for the rest of the world despite how troubling it is. but i think the economic sanctions is probably the more likely. but the more i think about it i think one has to be objective and put my hat on if i were one of the decision makers, you want to be objective and not emotional. as is often the case with something coming out of the european region. so to react too emotionally to something they've sort of created a bit themselves it would be dangerous. i think the germans given the economic sanctions are only going to really work if people want to do them if the countries would get hurt most stick to them. so obviously the germans have the closest trade relationship with the russians. and they import a lot of energy from them. so you want to make sure the germans on board or might be the ones to think through the smartest way to approach this. >> jim, the threat from the west is to have russia pull ou

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simon hobbs is down at the new york stock exchange. simon, how does it look? >> business bounce back from yesterday. a lot of stocks doing badly yesterday have come back today. on the data front, iphone survey of confidence, relatively robust. the big news is the question whether the ecb is inching towards some form of quantitative easing group be aware the head of the bank is one of the hulkish on the ecb. he's giving an interview today where he says the unconventional measures under consideration of largely unchartered territory. we need a discussion about their effectiveness and cost and side effects. this does not mean a qe program is generally out of the question. but we have to ensure that the prohibition of monetary financing is respected. in other words, we can't buy sovereign debt. mario draghi just made comments in which he's suggest that small phones risk losing funds without policy action. maybe they will target not sovereign debt but potentially smaller and medium size businesses. weak on the euro and a lot of talk. let's see what the action is down as you can see half a percent at the moment against the u.s. dollar. on the corporate side, the brewers have done well in europe. miller got an important victory in south africa where they were accusing it of having a monopoly. it got an upgrade as well. other earnings standouts today. king fisher within the uk. home developer, easy jet did well. and indeed, this is an upgrade on post in the netherlands. of course, as you know, scott, is going -- this is italian, is going to make google glasses. they're the ones that own the sunglasses shops and most of the sunglasses that you buy under whatever brand they make. it's a fantastic business. back to you. >> it certainly is. simon hobbs, thank you so much. >>> i want to check the europe's close on how the markets look. we're at session lows. it's the nasdaq yet again that is leading us lower today. it broke below the 50-day moving average yesterday for the first time in some six weeks. there it is today after beginning to day in positive territory as all three averages today. s&p read negative and nasdaq has been negative for the better part of last 35 minutes or so. there's a look at netflix. that stock is one of these momentum names that we've been really following that has seemingly rolled over here. there's the nasdaq or -- netflix, excuse me, that's down 2 3/4%. carl icahn said yesterday talking a it saying that he diplomat have it right in front of him but he thought it sold out landfall of their position at the current time spop there's netflix. one of those key momentum stocks to keep an eye on. we will be throughout the rest of this session and in the days ahead. let's move on to the financials now. ar

simon joins us now from sevastopol in crimea. simon, how tense was it inside that ukrainian naval base? >> i think it was a lot of confusion for the sailors there because the chain of command had been broken the night before their commander switched sides to the pro-russian side so the new ukrainian government in kiev just that morning had to appoint a new admiral and so they went and pledged allegiance to the new admiral while the old admiral was calling for all of the sailors to switch sides. so it was a bit of a messy situation, especially having russian soldiers actually on the base and around the base and sort of crowds all around as well. >> you spoke with some ukrainian soldiers who had to hide their own weapons. let me play a little bit. >> so the ukrainian navy just showed us they still have their weapons because some people were saying that the russians had taken them last night when the admiral [ inaudible ]. but they just put them into their locker because they just don't want, you know, a little accident to happen. >> all right. so explain what that little accident could be. now why would they be hiding? these are military personnel hiding their own weapons, these ukrainian troops. >> it seems like the ukrainians have decided to try to keep things as calm as possible by not carrying any weapons around because i think they don't want to create even more tense situation than it is already. and, you know, in order to repre vent any shootings or a war to break out, they decided that the best bet would be to put their weapons away. but that's what they were saying, but the reality of the situation may have been that the russians who are a superior force told them to put the weapons there but maybe they just didn't want to tell me that on camera. >> simonalso had an intense continue front case, exchange outside that ukrainian military compound. tell our viewers what happened. >> reporter: well, one of the things that's been happening during this whole confrontation between the russians and the ukrainians is that they've been gathering crowds of russia supporters outside of the bases. but they're not just regular people. they're people who are very angry and very aggressive and against the western media who they've been told are lying about the situation here in crimea. so these people have been prepared to think that journalists aren't telling the truth and when they see a foreigner most of them get up in your face and, you know, really try to prevent you from being able to report. and it got a little bit tense at one point when i was coming out because they surrounded me, they grabbed my cameraman by the neck and they were smacking the camera around and, you know, we barely got away. >> be careful over there, psi mop. thanks for your

simon hobbs at the new york stock exchange has more. simon, as you go through this report, bear in mind we may have to break away for the secretary. >> i do hope so. if you look closely at the falls in europe today, sent much more on the peripheral markets i would argue the event risk here for the markets is more about simply the markets falling rather than actually what might happen with russia over the weekend because booking profits on those stocks that have done particularly well. look though at where we've traded in europe since the crisis erupted and you will see this major underperformance coming through a lot of stocks clearly directly exposed to russians a sets. down there over 4% in the last two weeks. but today the selling has centered much more on the stocks doing well. which are the eurozone banks. i can tell you bank of ireland, for example, is up 21% still for the year. french telecoms, of course, have done well recently, scottie. we've spoken about that through the week. today the french minister said, maybe vivendi won't sell the telecom assets. if that doesn't happen it won't sell its assets to i' s ts t ss. booking profits, scott, on the trades that have done the best. >> let me ask you a question as we wait here for the secretary. germany and the dax and the big pullback we've seen this week, how concerned should traders here in the united states be about that? >> actually all of these markets have bounced off their lows. we did have a bad picture earlier in the session but that isn't true to the close. the geopolitical risk here as you know, scott, is that western europe imports a third of the natural gas directly from russia through pipes that run through the likes of the ukraine. that's why angela merkel is less hot on the idea of sanctions in order to preserve their own energy supplies. it's really the capital flight from russia that actually poses the greatest contagion risks. what will kerry say about sanctions moving forward? it's the sanctions that are the eye of the storm. >> simonthanks. you have yourself a good weekend. we are awaiting for the secretary on comments that could certainly have an impact on what the stock market does for the rest of this day. we're going to take a quick break. we'll hear from him in just a moment. actually, you know, i just saw the secretary walk out. let's go back there and hear from john kerry, secretary of state. >> good afternoon, everybody. president obama, as you know, asked me to come to london in an effort to try to de-escalate the situation in ukraine. today the foreign minister lavrov and i gave a very in-depth instructive dialogue on how to address legitimate concerns in the context of a unified sovereign ukraine. the united states strongly supports the interim government of ukraine, and we continue to favor a direct dialogue between ukraine and russia as the very best way to try to resolve the crisis. i came here in good faith with constructive ideas, which we did put forward, on behalf of president obama, in order to

simon recounted in grisly detail the damage pistorius had done to reeva steenkamp's body with his hollow point bullets. the pathologist offered a critical contradictions to prison's version of events that fateful valentine's day. simon says evidence shows steenkamp ate no more than two hours before her death, but oscar pistorius says he and his girlfriend had dinner and were in bed a full five hours before that. under intense cross-examination, simonood firm. >> the pathologist was a very compelling witness for the state. he stuck to his version of events. >> reporter: simon also says the amount of urine in steenkamp's bladder at the time of her death amounted to roughly a teaspoon. that could challenge pistorius who said his girlfriend had gotten up to use the bathroom in the middle of the night. remember pistorius says he shot her through the bathroom door, thinking she was an intruder. in another potential blow to the defense, simon testified the scream heard by neighbors could have been steenkamp, saying i think it would be somewhat abnormal if one did not scream when sustains a wound of this nature. but pistorius's defense team contends the scream came from the olympian, not his girlfriend, once he realized his mistake. darren frisco, a pistorius friend, testifying about a traffic stop, a re-enactment seen here in video played for the court in which frisco witnessed pistorius erupt at a police officer. >> then there was an al

simone you referred to. but let me show you this, sister simone. it's interesting that congressman ryan is championing the fight. but here is what he said in the past about the poor and raising the minimum wage. listen to this. >> will you support or seek to block increasing the minimum wage? >> it's bad economics, andrew. >> we don't want to turn the safety net into a hammock that lulls able-bodied people to lives of dependency and complacency. >> teach a man how to fish, he can feed himself for a life. don't simply feed fish. >> i mean, do these kinds of comments inspire confidence, sister simone not for me, reverend. but i think what really needs to be pointed out is that our pope francis, paul ryan and i share the same faith. and pope francis said that the role of government is to work for the common good. and common good includes making sure that all workers have livable wages. right now our workers do not. and what we just heard in that clip from paul ryan indicated that he was not in favor of making sure that all workers can live on their wages. we need to make a change. this is wrong. the right way forward is for wages, for work supports, and for making sure that everybody in our nation has an opportunity. >> you know, it's interesting, congressman, that -- it's interesting that sister simone raised st. francis. you and i both are ministers. and the president said today that a budget is about values. let's watch. >> our budget is about choices. it's about our values. as a country, we've got to make a decision if we're going to protect tax breaks for the wealthiest americ

simon. you know what, simon, i have to thank you personally. you asked a question today when you were talking to ron paul that made me change everything i'm going to talk about. can low rates be an impediment to growth? it just seems like such a counter intuitive notion. my answer is a resounding yes, yes, yes. and i'm gv you some examples as to why. when you have low interest rates, you have one dynamic which is allocating capital to an investment. consider somebody who makes a billion dollars a year, you know, somebody like a warren buffett who is super wealthy. i can't imagine when they go out and buy a ford explorer that they get as excited as somebody who makes $25,000 a year buying a ford explorer. because the allocation of capital to that person is very, very important. the point is, is that when capital is cheap it will go to cheap ideas and cheap ideas don't necessarily add productive horsepower to the u.s. economy. think about the u.s. government. with interest rates being so low they were able to allocate resources to solar. i love solar. i loved it when i was 7 years old. i bought my first solar operated electric car. you signed a dplash light on it, used to go. didn't work so well when it was dark. the point is is that a lot of those investors have now reached a belly-up notion. does this help the industry? no. because when it really is at a point where it can be a killer app investors may think twice. china gives us another great example. look at copper, look at iron ore, look at all the recent stories about how finance structure of those commodities used as collateral is unraveling. let me think, how i can make that an allocation of capital low interest rate? when interest rates are low there's this whole crowd that tries to give you a better idea for an investment. wow, you can't make anything doing this but i have a deal on china property that's going to go through the roof. i have junk bonds that are absolutely terrific. so it addresses this hunger for a return that isn't poisoned by low rates and it causes really bad things to happen. now the stories in china are the hot, hot, hot money is unraveling. how are those a couple of good impediments to growth based on low interest rates and free capital? you decide. that will be my question to janet yellen, actually. back to you. >> i just asked the question, rick. >> i know. it was a great question, simonote. >> oh, wow, thank you very much. it's a big day on cnbc with the fed. thank you very much. >>> building the future, autodesk makes 3d design software. it's an 11, $12 billion company with great returns so far for shareholders. it does work to engineer the freedom tower, tesla's model s. the ceo of the company will be with us on "squawk on the street" when we return. mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ .

simon baker and john najarian here in spirit though i'm told simon couldn't make it. he is in last place, that i can that for what you will. >> joe is in first place. your portfolio is up 13%. what's the strategy been? >> identifying themes. consistent themes we thought would win, energy in 2014. >> eog. >> having some capital spending in the technology space, that's where panw came in. and then michael kors which is identifying growth. 2014 is about the search for growth. everything that i own, myself personally and i've put into this, has been growth-oriented. >> morgan stanley is in the portfolio. >> absolutely. asset management growth continuing. the one that's been disappointing has been apple. and that's, you know, that's been the conundrum, i know pete has it as well. and going into q-2 i think it's going to be a defensive quarter for me personally in my holdings. i'm trying to figure out how i'm going to manage it. >> you've been the most active manager probably in this portfolio playoff. >> practically hft at this point. >> i practically take offense to that number one. let the individual in the lead speak. i know that's not usually how you do things. potash is a name that i added, why? because i thought there was a moment of opportunity. and there appears to be fundamentals shifting for potash. but again, just going to q-2 for one second, i think potentially there's low hanging fruit, a tremendous trade that i don't know if i'll put it on myself, but anyone here who wants to focus on a great opportunity, i go back to our conversations regarding the yen. i think the speculative community is highly levered to the yen going lower. and if you don't see that happening, fxy, which is buying the yen, could be a great trade. >> all right, pete, what's going on? you guys -- you and doc just sitting watching -- >> we're the traders and we don't trade. you know, because this is something very unreal to what i really do in my daily life. as you know, i mean, we look trade options. it's a different world. so when i picked the stocks and i'm speaking for jon to some regard as well, i think we picked stocks we potentially could hold for the entire year. earlier in the year i was in the lead. i immediately lost that lead because i had seen some sinking. united pulled further, but now it's pulled back. beezer homes for instance is another one of my names where it's absolutely crumbled. right out of the gate the flew up and now it's fallen down. it's one of those things, scott, where i really looked at my portfolio. and that would be if i make a trade i think it would be the one i might have to exit. >> see, i was going to suggest -- i was wondering how long you would wait around for apple? >> i still think that's worth the wait. maybe it will be a second half like last year, i don't know if it will be right now. we talked about the third quarter in the larger screen potential there. obviously get them deeper into the china selling. there's reasons i think you could see why apple could still perform. but there's other names. you look at the housing right now, they've put up good numbers and they're not performing. so to murphy and josh's credit they've been on that. these things have not performed. they're right. i've been wrong holding onto this name far too long. gave me at shot at 24, i didn't take it. probably have to exit soon. >> this stock has not participated. now it's caught up in the mike mayo stuff that's going on after, you know, they failed the fed's test. what do you do now with a name like that that you continue to like but you have to make a decision at some point whether to give it up and go with something that's going to help you more in the playoffs? >> the irony they're the highest of the best capitalized bank of the big five, right? so this is not good news, but the stock is down 13%, their ratios are perfectly fine well above the threshold of 4. and it's -- why i like it is the emerging markets exposure. that's my portfolio. my entire portfolio is about global recovery. and it's not going to happen in the first or second quarter, but i think it's going to happen in the back half of the year. so i'm sticking with the majority of my names. >> the bond short is interesting. and bonds have been kind of a tough play given geopolitical things that have happened, some of the interpretation on wall street about what the fed chair really said or didn't say. how do you play that from here? what are your thoughts on that part of the portfolio? >> first of all what's truly amazing is this is the first time in the show i've sat here and said i hope he doesn't come to me. >> fair enough. >> away from that, look, i still believe rates are going ten-year let's talk about. the short is really more in the 20-year. i think rates will be over 3% and comfortably over 3% by the end of the year despite what yellen said today. the economy's clearly improving. we see that constant trend now coming out of the cold weather. rates are historically way too low and they will go higher. i'm comfortable with that. but citi, i agree with steph. my investment thesis was not i was going to get a bigger dividend or big stock buyback. >> at least maybe you wanted to be their choice and not the feds. >> absolutely right. and i think mayo, i agree with mike, something's got to be done. the cfo made the same mistake twice. that can't go on. if you get a fresh set of eyes in there at the cfo level, that will promote even more change. i think he's done a great job except for hanging onto this guy for too long. >> you guys are sticking around. remember, you can see the trader picks online at cnbc.com/2014-playbook. coming up next, we have some fresh playbook trades. so if you want to get ahead, you might need to make a move and now. more half is straight ahead. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. >>> okay. welcome back. time to make some moves in the battle for trader of the year. you made, steph, your first trade. >> no, my first trade on friday. >> oh, on friday. >> it's an oil service, so i sold out of the weatherford because the stock has been a monster from the february low. it's up 28%. year-to-date only up about 12%, but 28% gain to me is a very big gain for a company that admittedly is kind of a second tier player in the space. took my gains there, marathon is the one that i actually like. it's actually flat on the year so it has not participated in the energy rally. it's got a restructuring story, great assets in the bakken and i think the production growth is actually poised to accelerate. i don't think that's factored in. and i also think it could be a tick out. >> josh, i would like comments for you. you're second on the board. your portfolio has done pretty well. and you have what i think is fair to say an unconventional portfolio just from the standpoint of all of our traders chose individual stocks. you actually went for some etfs. >> yeah. >> what are your thoughts now as you head towards the rest of the year? >> joe, do you mind? okay. thank you. so i took a lot of flak for the etfs when we first did this. mostly from my buddy, simonut, you know, at the end of the day the idea behind this is all game theory. we have a defined period of time and we've got to think about what secular trends don't need a really strong economy. in my view that's what was necessary. so i picked things like solar and chinese internet where there's going to be huge growth no matter what janet yellen does or what the economy does. so far it's been working. >> i'll say, second best trade of the year. >> up like 27%. i think with tan the idea is that these are not terribly expensive stocks, at least not most of them. i couldn't take the risk of just one solar because these things are very volatile when they miss earnings. that's why i picked the basket. i could have been in solar city and made a lot more, but i could have owned one that got killed this year. i think i played it right. >> does someone want to play the role of simon baker talking about groupon down 34%? it was the worst pick by anybody from a performance standpoint thus far.