let's bring in the raging bull, aka tom lee.come to a desk full of traders who are in general negative on the markets, not constructive. can we glean anything from the pattern we saw last year? are we setting up well for a rally? >> it reminds me this is a bull market that has been around a long time. it is frustrating people because it has been hard to beat, volatile. it makes it easier to surprise to the up side. >> you think the markets will continue going higher? you are bullish still? >> yes, bullish and i think it is an up year in i think we will have several more years of gains. >> i want to go through some of the factors that a lot of traders say worry them. the collapse xh in commodity prices, specifically crude. >> it is scary to see something relentless decline when you see something go from 100 to 30. you have to think, is this deflation? >> right. >> i think the way we get comfort is supply shock. second, at least in the u.s. and in the next year, we can view this as a huge dividend, a gasoline dividend and for corp

let's bring in the raging bull, a ca aka tom lee.reat to see you. >> great to see you guys. >> welcome to a desk full of traders who are negative on the markets, not destructive. are we setting up well for a rally this year? >> you know, i think it just reminds me that this is a bull market that's been around a long time. i think it's frustrating people because it's been hard to beat. it's been volatile. and i think that type of frustration makes it easier for the market to surprise us to the upside. >> you think the markets will continue going higher? >> yes. volition, i think it's an up year, and, you know, in the horizon i think we'll have several more years of gains. >> i want to go through some of the factors that a lot of the traders say worries them, keeps them up at night when it comes to this bull market. the collapse in commodity prices and specifically crude. >> it's scary, right? it's scary to see something relentlessly decline when you see something go from 100 to 30, especially something we consume every day. you have t

anything that's not bullish to tom lee? known me -- i've been doing this for 20 -- more than 20 years -- i've been bearish in many instances especially when i covered stocks and people didn't like it. but i think a lot of people said, when i turned bearish, it's with conviction. i wouldn't say i was born bullish. i wasn't born with cattle horns and charging. >> this event that hedge funds may be derisking to avoid, because they want to make sure they don't lose a year so to speak, you don't think it's going to happen? >> david, i don't know. but when people ask ming i say i'm not sure what i'd do. in other words, what should i do if i thought there was a 10% chance? i don't think i'd be selling stocks. i would say i would put a little bit of insurance, extra cash in my portfolio ready to buy but i'd buy the dip because i think europe is prepared for a grexit. central banks are ready to do something to battle deflation. and geopolitical events never have long lasting damage to markets. i think it's a buying opportunity. i do

anyway, still to come -- thank you, tom lee.mohammed el-erian will be with us. here we go. >> now we got some good music. >> don't play "touch of gray." play something cool. yeah. >> you impress me, joe. >> that's at 8:30 eastern. then then the gd the grateful dead will be marking its 50th anniversary this year. we should either do that -- it's the new 30 isn't it? all living members in one place playing together. something they haven't done since jerry died in 1995. bob wier sat down with steve leisman to talk about the band the show and the money involved. the money is huge. >> it's unbelievable, the nurnl numbers i got. >> and it should be. >> the numbers in the economic impact on chicago of these three shows, massive. i've got cool numbers. it was very controversial and i asked about it. >> we'll be right back. i'm looking forward to. for some every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitm

. >> let's hear it for the great -- >> tom lee, he'll explain why mow now is a great time to buy stockson starts right now. where do you want to position yourself right now? so,

joining us is tom lee. take it you say this is a good thing that some of the individual stories, the earnings fundamentals are taking a front seat to these crazy headlines and volatility coming out of greece. >> i think that's exactly right. i'd rather see markets hitting new highs on earnings beats, the oil, guidance raises rather than us worrying hey, look. we can't predict the outcome of greece so we sell everything. >> what is your feeling on earnings right now? it feels if you take out some of the big misses because of the strong dollar and the energy companies, it's actually pretty good in terms of beats. >> i think that's absolutely right. what's interesting is if you look at cyclicals, the magnitude of beats for this quarter, i think it's the largest in ten years. what happens is i think people have modeled in the dollar you know, lack of visibility. but what they've forgotten is this drop in oil is providing a big margin lift. >> the question is what happens to guidance. that's where it's been nega

tom: do you link that in, dr. lee, to gdp? bsolutely, and people do not have a nominal income to spend as much as they did before. tom: dollar dynamics to play in it but they play in at the margin. bill: dollar dynamics affect core inflation. that is the measure that the fed also uses in the short run to gauge where the inflation pressures are. if that is lunging toward, way below its 2% target, the concern with the fed is -- does this signal transitory or does it tell us something more? tom: that is what this comes down to. they have. brendan: there was a doll whistle in there for me, which was nominal raising. the thing is important for both you, howard, and bill, if people can get a nominal rates, meaning they feel like they have gotten a raise even if they have not gotten a real one, even if they have not got one, they are likely to spend more money. howard:: i think people will spend more money for two reasons -- one, they have more money, and two, they have confidence. i think confidence is a tremendous part of how the co

the 30s, when harper lee wrote even g the "50, it was a safe topic. we can gree that tomobinson was heroic. today we are struggle with how to look at the 50s. we see that in the reaction to the film selma. was harper lee persuaded from publishing the back because it was less safe, more troublesome and will it be more challenging for us now to take on. i am sure there'll be problems and issues, that may be something exciting for readers. >> given that imitation can be the sincerest form of flattering, my publishing houses beat the shells and look through files for old manuscripts. if this works, mite we see writers? >> we might. there's nobody like harper lee. there's no other writer of her prominence publishing reticence and longevity who has a secret establish waiting to be discovered. she's the only one. >> james shields, people will probably read your book a little more once in is out. can't be a bad thing. >> god bless harper lee. >> does this fill something out, finish a story. might you have to rite another chapter to your own profile? >> i think i do now. i bring e

brendan: only tom keene i almost caddied in the lee trevino open. t magical weekend where he came to prominence, it has become an industry. you came home with $25, yeah, i am loaded. brendan: i think you would be very unsettling as a caddie. i think you would stand right next to the tee and yell "velocity!" olivia: brendan, tom would never backseat drive on the green. the question is whether or not millennial's are interested because tiger has lost his glow which brings us to the back cover of the "new york post" this morning -- "ouching tiger." brendan: i think they change that to make him look like he was in more pain. tom:olivia: as the second he is living in the shadow of his girlfriend, lindsey vonn. number three in the republic of guinea, the african semifinal game was interrupted by riots. two late goals in the first half of the game. it took police over 30 minutes to clear the crowd. tier grout -- tear gas was used. brendan: this is huge because this was a big moment for the african cup. basically stadium safety equals sponsored dollars. we s

tom cotton there from the port of san francisco leading the port. i see ms. san francisco in the house. welcome. i see first lady anita lee to volunteer today. i see barbara smith from the housing authority and tom and leading building inspections and make suring they're safe and for everyone to enjoy. am i missing anybody else? oh okay. i don't think he needs any introduction. like with all of our events we're in partnership with many city departments and from day 115 years ago when we launched this clean up. >> >> with volunteers and to keep our city clean a partner that has been with us for every event. we work together side by side. public works is out in the streets and the plazas but in the parks we have a different team lead by phil ginsburg and please welcome him to say a few words. >> good morning. let's pick it up. it's beautiful. we're going to clean. so before i begin i have a very, very special, special announcement. today i want to everybody to know that the new head of the san francisco park patrol is rose park. congratulations rose. you start work on monday. >> [inaudible] >> well, not only is it the new year it's also valenti

senator bob graham, senator richard shelby, congressman porter goss, congressman tom keen, and also congressman lee hamilton. i urge my colleagues to submit a request to the house intelligence committee, a request to read the 28 pages and join me congressman lynch, and congressman massey, in supporting h.r. resolution 14 as a co-sponsor. mr. speaker, it is time that the 28 pages are declassified. the 9/11 families have a right to this information in the 28 pages, and the american people deserve to know the truth about what caused the 9/11 attacks. for more information on this effort to declassify the 28 pages, visit 28pages.org. may god continue to bless america and may god continue to bless our men and women in uniform. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from massachusetts, mr. mcgovern, for five minutes. mr. mcgotsche: i ask unanimous consent to -- mr. mcgovern: i ask unanimous consent to address the house. the speaker pro tempore: without objection. mr. mcgovern: mr. speaker, i rise today to highlight two im

so in the same way that many people say uncle tom's cabin gave way to abolitionists, many civil rights activists say that harper lee gave them the way to keep going. >> why did she not write for all of those years? >> without talking to her directly, it's hard to answer that. she was a very shy young woman from alabama who got a lot of attention and publicity when her first novel came out. her sister, who died a couple of months ago, i was able to interview him and she said that harper lee said to her i couldn't top what i had done. and it's a perfect little gem. so you could see why it might be hard. >> do you have a sense of what her life has been like? >> i think it's important to say that she's not really boo radley, not reckless in the boo radley sense. she stops giving interviews and never published a second book. and those two things collided to allow a lot of mystery and picturology to grow up around her. she has had a really, rich life with friends and lots of books and i know that when she lived in new york for most of the time she went to a lot of mets games, and she had a life, but she didn't choose to

lee had another book in her, and it comes out this summer. continuing the story of scout, sttacus finch, boo radially and tom robinson who came to life

lee commissioner mccray commissioner walker motion carries unanimously. >> item e new appeals order of abatement case 6797, 1254 mission street owner on record tom wong attorney is pamela chung to reserve the order of abatement and allow time to work with the tenant to gain access to the property to correct a violation and i'm karen aluminum i'm a nebraska of the property owners ms. wong. >> do we hear if the department first. >> sorry ma'am i'm sorry. >> the department has 7 minutes to present its case and you have 7 minutes the department goes first. >> inspector. >> now you're aware we have two cascades for this address do we hear them separately or wish to deal with did board at the same time. >> what makes more sense. >> unless there's problems with time. >> let's do them together we'll give you 14 minutes and the appellant 14 minutes like in the past. >> so the first one is the appeal 6797 1054 mission street this is a two-story office building and the violation is really a living unit installed without plumbing permits that in that commercial building and an rfp was issued 2014 a building permit was filed that somewhat dealt with the violation the perm

lee had another book in her, and it comes out this summer. continuing the story of scout, sttacus finch, boo radially and tom robinson who came to life in the hollywood classic. months away from its release, it's

lee i encourage people to learn history and make history. >> the overhead please sfgovtv. >> and one of the things i want to before your accident the ordinance by tom back in 2004 the choice aggregation and over the last 10 years elected officials and clean activists have co-created the aggregation it is time for green power for the people and i can't had the sf puc and mayor ed lee stald to set rates we've been waiting for mayor ed lee he approval and the san francisco small business commission action not to exceed recites so the time is now the question to ask mayor ed lee and the sfpuc is to set the rates for clean energy mayor ed lee and the sfpuc set the rates for clean energy thank you. >> thank you. >> thank you. next speaker, please. >> good afternoon, board of supervisors i'm jackson key a member of the truancy groups i'm one of the co-vice chairs a member of the sf pride i'm also a member of the chief shufr lgbtq quorum basically, i thank you for starting this health care for transgender folks i ask you to do more especially in the area of safety lgbtq forum is real estate reopening a lot of cold case but that history but we need safety t

lee. "mad money" starts right now. >> announcer: the following is a paid advertisement for the revolutionary 21 day fix, brought to you by beachbody. >> thank you! [ laughs ] hello there. i'm tom is about transforming how you look and feel, starting right now. >> announcer: are you struggling right now to lose weight? >> i've struggled with my weight my entire life. >> i really want to... lose this. >> i didn't want to walk down the aisle weighing 220 pounds. i need to do something, and it needs to happen right now. >> announcer: now there's a breakthrough new way to lose those pounds and inches, and it happens in just 21ay

tom brady doesn't need a car, who's he kidding? >>> "to kill a mockingbird" author has another book coming out. leefriend rediscovered it. it is set for initial printing of two million copies in july. wow, that's cool. >>> money or marriage? new census bureau data shows when it comes to parenting, having money actually makes a bigger difference than raising a child than being married. tony and geraldo are back with me. tonight lay the groundwork for everybody reeling right now. they looked at how often do you eat dinner with your kids? how often do you read to your kids? are your kids in extracurricular activities? kids who had wealthy parents did better on that scale than kids who had poor parents and money made a bigger difference than being married. they commingled a lot of facts. what's your reaction? >> the lowest ring in hell should be for deadbeat dads who don't pay child support, this is exactly why. money eases the pain it's not the emotional rift it's that the kid can't do extracurricular activities can't play in a team sport can't afford to go to camp. the money the abandoned spouse or t

lee zell of new york followed by mr. tom emert of minnesota and that's it. >> thank you mr. chairman. mr. secretary, there was a letter that was sent from the other president to congress with the authorization for the use of force. if i could just read a couple of sentences from that letter. the authorization i propose would provide the flexibility to conduct ground combat operations in other more limited circumstances such as rescue operations involving u.s. or coalition personnel or the use of special operations forces to take military action against isil leadership. it would also authorize the use of u.s. forces in situations where ground combat operations are not expected or intended, such as intelligence collection and sharing missions to enable kinetic strikes for the provision of operational planning and other forms of advice and assistance to partner forces. this is the letter from the president four or five paragraphs that accompany the request for the authorization for the use of force. when congressman grayson was asking whether or not the authorization was provid

tom sredenschek. phillies with first full square work out in tuesday clearwater. lots every changes this off season perhaps more to come. cole hamels, cliff leeliff lee still here for now. larry bowa doesn't think that will affect how those players play on the field. >> we can talk about all you want. anybody there, cole hamels, cliff lee papelbon, i'm sure things bothers those guys. when the umpire says play ball guys won't this about am i going to be here tomorrow? >> flyers didn't look like they wanted to play hockey. tide that is jeff skinner in his two to one hurricanes, later in the periods on the power play, jordan, in front beats rob zip. hurricanes beat the flyers four to wine. villanova wins 24 points for hilliard as the caps beat 89 to 616789 that's sports in a minute. i'm tom sredenschek. >> sports highlights in philadelphia right now. coming up: chris brown won't be performing north of the border any time soon. why the sing her to cancel his shows in canada. >> plus, damage control fashion police host guiliani ren sick apologizes for comments she made about one red carpet hairdo, now said she learned. >>> black mystery month is a

. >>> when we come back former staples ceo, tom stem berg his take on the company to buy office depot. you know jason lee the amazon original series "cocked," joining us live. dow down 19 points. squawk"squawk on the street" back in a minute. >>> key court hearing about to get under way involving nearly 8 million allegedly defective remington rifles the subject of a cnbc documentary. this morning a landmark class action settlement on shaky ground. scott cohen live in kansas city missouri good morning, scott. >> reporter: good morning, carl. expert for the plaintiffs has now pulled out of the case saying that the settlement is a bad deal. the judge has a lot of questions of his own. so there's now a lot of uncertainty for millions of gun owners as well as for sercerberus which owns remington. this case involves the remington 700 rifle and other rifles with similar designs. it is the most popular bolt action rifle ever made popular with hunters and military and police snipers for its accuracy. critics say it has a propensity to fire without the trigger being pulled. our documentary "remington under fire" e

i want to thank governor ins lee and fellow west coast governors that helped reach an agreement that reopened 29 ports, kept business flowing. i have to add a plug for tomnt out there and i think really made extraordinary contribution to that effort, that's going to make a big difference for the country's economy as a whole. that's the kind of thing we can accomplish when we put aside divisions and common sense steps to improve the economy for everybody. it is an example i hope congress follows in the months ahead. keep in mind even when congress does not act or does not act fast enough i think we can still work together to make a difference. whether you're a democrat or republican what i found, the more specific they are on focusing problems less concerned we are about politics the more we can accomplish. >> president obama addressing the national governor's association at the white house. as you heard the president talking about points where he believes both sides can come together. also highlighting the latest division on capitol hill over funding of department of homeland security, the president reminding governors of states represented that their s

lee estÁ diciendo a un taxista? >> y en algunos casos, logra establecer amistad con ellos, como ocurriÓ con tom hanks. >> me enviÓ unosÑor, discÚlpeme, ¿me puede regalar una foto? >> uno tiene que aprovechar estas oportunidades. >> claro! le mandamos un besito a toda nuestra gente en la gran manzana. sabemos que tienen frÍo, pero aquí los abrazamos. >> con cariÑo! >> ahora sÍ! >> ¿a dÓnde nos vamos? >> abrazo colectivo! perdÓn, el cabello, acabo de cometer un gran error! >> aquÍ en el rincÓn social estamos sÚper conectados con lo que pasa en premios lo nuestro, pero tambiÉn me gusta ver todo lo que pasa con la tecnologÍa. >> sabes que siempre me siento rejuvenecido cuando estoy aquÍ. >> y despuÉs del facial que te dieron... vamos a ver el vÍdeo. >> estÁ increÍble. >> es un robot que se llama wearable tomato, pero aquÍ vamos a decirle robot tomatero. una compaÑÍa de japÓn inventó este robot porque dice que los tomates hidratan a los corredores. quieren incluir este robot en las maratones del mundo entero, porque obviamente hidratan al corredor. el seÑor que lo inventÓ... >> eso japonÉs. >> que este domingo va a correr