you also ended up poaching quite a few apple employees. tony: i did get a call from steve about that. ♪ emily: 2008, you left apple.10, nest was born. tell me how the plan for nest was hatched. [laughter] tony: because of my time with my grandfather, i learned a lot about houses. i was always fixing them, even before nest. when it came to designing a home for a family, i did not just let an architect run with it. i wanted to get into every detail. that is when i found all of the problems in the home, specifically heating and cooling. even when i told my wife, like, "i want to make a thermostat." she looked at me like, "you're nuts." i said, "no, let me tell you." when you explain the situation, that this is not just a thermostat -- their eyes perk up, and they go, "i think you should do it." emily: you reinvented the thermostat, the smoke detector. you gave cameras -- home security cameras, a complete makeover. before you even got to the cameras, less than five years passed, and google snaps you up. you sell to google for $3.2 billion. tony: i think the first decision was, should we allow google to invest in the co

when you see the breath, if you look at google hung in there but net flex is down 37% and apple is down 37% from the high. now you have these two left and i don't like the concentration of bullishness. the sentiment around the names. they do set up no differently than apple of net flex. >> so they are in for a big decline. >> they would be off. >> i don't know when from where. >> look, i'll not going to argue because i'm not chasing facebook but is your point the market is a scary place -- >> i think we lost a lot of leadership. >> because these two. >> this is a demographic thing and nothing to do with the economy and i mean, i'm not going to defend that one to the hip b hill but retailers problems are a problem. not just a vil beverages, produ core defensive names that continue to do very well and in this tape, i wouldn't run too far from the names. >> i'm long apple but clearly trades horribly, horribly. >> at one point you say i'm going to start letting go? >> you know, flirting with that idea today, i probably would buy some. it's very difficult to control emotions, right? you don't want to say god, i used to trade at x and now

you keep track of your medical conditions. and like all apple products, you really start to panic when it says you only have 10% left. [ applauset does that mean? oh, and this isn't good, here. the ceo of priceline just resigned after it was revealed that he had an affair with an employee. as you can imagine, his wife was pretty mad. but on the bright side, at least he knows where to find a a good deal on hotels. [ laughter and applause ] >> steve: silver lining, you know what i mean? >> jimmy: make lemonade out of lemons, yeah. this made me laugh, here. a high school french teacher in texas was fired for not knowing how to speak the language. [ laughter ] it turns out the only word he knows is "bonjour." [ laughter ] when asked if he was sorry for what he did, the man said, "bonjour." [ laughter and applause ] that's the only word he knows. i thought this was nice, a a 100-year-old woman from right here in new york city just broke the world record for her age group in the 100 meter dash. [ cheers and applause ] pretty amazing. in fact, they say she's the oldest person to enter a race since bernie sanders. that's right, we have

left don't really care about people. they care about government control. even though research shows when you compare apples to apples, the for profits do a better job than the non-profits. this is about politics and control. not about helping somebody in need. >> it's just so nasty, bruce. i mean, to criticize somebody for helping somebody. >> well, i think what this is is a promotional ad campaign and i hope this lady is able to finish her degree and get some education. that would be great. but what the critics are pointing out, they want to shine a little light on this university of phoenix is under investigation and this was largely an editorial here. so i hope she's able to finish her degree because one of the allegations is people are not getting what they're told. >> let's face it. what the liberal critics are upset about is they want the government to do everything with education. they just don't like companies, for profit companies in education business. >> leave ellen alone. our university business model should be under investigation. a trillion dollars of student debt because of these fat cat aca

apple picking here. you ear looking you are the the. >> no i'm not -- >> is it -- [ slow down ] >> jonas. it stinks. >> if i was president and i left and it was binger when i got in the economy. the bottom line is it is not as good as the past. because when you compare america now to the past it comes up short. if it compare america now to other countries over the last eight years it's looking a lot better than it did relative will i speaking in the eickeghties. >> the rebound should have been faster. >> it's not corporate earnings. it's not gdp. it's three things. do they have a job? are they making money? is their home worth anything? median household is down 4%. home values are down since he took office as is home ownership. and oh by the way, the poverty rate is up. that is what the economy is to people and in those terms it distinction. >> thanks guys. hadley and naomi. thanks. coming up how one what super poligrip does for me is it keeps the food out. before those little pieces would get in between my dentures and my gum and it was uncomfortable. just a few dabs is clinically proven to seal out more food particles. super poli

apple wants to strengthen its presence there. >>> still to come, a windfall for the tsa. we'll show you how the small change leftassengers every year added up to big money. see me. see me. don't stare at me. see me. see me. see me to know that psoriasis is just something that i have. i'm not contagious. see me to know that... ...i won't stop until i find what works. discover cosentyx, a different kind of medicine for moderate to severe plaque psoriasis. proven to help the majority of people find clear or almost clear skin. 8 out of 10 people saw 75% skin clearance at 3 months. while the majority saw 90% clearance. do not use if you are allergic to cosentyx. before starting, you should be tested for tuberculosis. an increased risk of infections and lowered ability to fight them may occur... ...tell your doctor if you have an infection or symptoms... ...such as fever, sweats, chills, muscle aches or cough. or if you have received a vaccine or plan to. if you have inflammatory bowel disease, tell your doctor if symptoms develop or worsen. serious allergic reactions may occur. see me. see me. see me. on my way. find

left apple or not? tendency tol have a extrapolate things too far out. the reality, you% , and the 14%one 6 iphone 6 esta klein, that's probably not the right way to look at it either. s decline, that's probably not the right way to look at it either. carol: we should probably take a bake -- apple should probably take a break and invest in other businesses. is that fair? : i think it shows a change in direction. it was not too long ago when tim cook sent an e-mail saying, don't worry of china stock rall as china is actually a real problem. china stock rallies, china is actually a real problem. a smart phone refresh cycle. if that stretches out longer and longer, that is a fundamental change for apple. i agree that the quarterly numbers are only that, but the might start to connect as we get results and see some sort of exterior day to away from apple about what people are doing with their phones and when. talking aboutok china, and then the numbers coming out later, we do need to worry kind of about the core business of apple at this point. -- it'she china comment been s

you have a fracture of the left radius. >> no, no. >> deep breath. >> aaagh! >> mind if i have an apple? was the honeymoon period for me and russell. >> the first time you met him. >> things were obviously he's not here so having problems. >> we'll get into your therapy. >> unbuddying. >> conscious unbuddying. >> he'll be on tomorrow so we like -- we're separated for like we've agreed to keep 4 hours apart. >> good to know. >> when you see him tell him i look happy. >> we'll play some of what -- >> i'm happier than i've ever been, okay. will you tell him that. >> i will tell him that. i want to get into the movie but first i understand the girl to boy ratio in your house is 3-1. >> yes. >> how is it going? >> it's heaven. it's like walking through a field of flowers every day. >> well, congratulations. >> i live with angels. >> very nicely put. >> it's a ray of sunshine in a dark time, honestly, because with russell it's really -- it's sad. it's sad that we've turned out this way, you know. >> you actually play a father in this and that relationship between you and your -- she's 13-year-o

left. back to you, louisa. >> nbc's edward lawrence joining us live out of washington. >>> shares of the tech giant apple, they'veeen trading in a manner not seen hisince '98. wilfred joins us. wilfred, what's going on? we have seen a change in apple shares as of late? >> we certainly have, louisa. on the longest losing streak down 18 years yesterday. it comes after the tech giant reported its first ever quarterly decline in iphone sales last week. but in an interview with our jim cramer on "mad money" last night calls it a huge overreaction. >> i think that's a huge overreaction. we actually had a huge quarter. $50 billion in revenues. $10 billion in profits. to put that in perspective, the $10 billion is more than any other company makes. it was a pretty good quarter but not up to the street's expectation, clearly. >> and cook is still bullish on apple's key market of china. >> i could not be more optimistic about china. i think the long-term thesis is intact. there has never been anything like it in the history the world. and i'm still as optimistic as i've ever been. >> cook argues the most important thing fo

left behind in the big apple. >> i never expected anyone to say, i played well on the way out of the place. but hopefully they can catch it. and always play well. but hopefully you can look at that guy and like, he plays hard. and may be goofy at times. but he plays hard. if i could control it, i would get a lot more. >> this is video of the points heard around the world now. that we showed yesterday. suspended for eight games. he does not plan to appeal. snfs a successful rookie -- it was a successful rookie. they welcome the new bees and say -- newbies. after two less than stellar seasons. it was expected to be the number 2 million against the caps. >>> curt cousins has his weapons in place. looking more and more like cousins will play under the franchise tag. insider jason says this could prove extremely beneficial. >> he doesn't even have to really better than last year. he could be that guy. and they're going to have no choice. that will be the only rational thing to do. >> it will be big for him just to have those veterans and those guys around him that he's familiar with. >> and every starting quarterback has a monstrous contract. that's the news at 6:00.

you say left-leaning is it biased the answer is -- all -- >> you want. >> disclose we know your left use it for what it is. >> all right. still to come apple year one investor not giving up on stock warren buffett betting big on technology giant but taking a huge stake in the company the luxury real estate market thaikts especially when it comes to celebrity cribs not interested in homes of the fitch and famous anymore, back in a minute. ♪ ♪ ... >> good monday morning, everybody, welcome back. i'm maria bartiromo. it's monday, may 16th. your top stories 8:30 a.m. on the east coast. and candidates eyeing the next round of primaries. and democrats in kentucky head for the polls tomorrow. hillary clinton says she'll recruit her husband to fix the economy and issued a warning over trump and bernie sanders. >> my likely opponent, the presumptive republican nominee, and honestly, the things he said about the economy are just frightening. i voted for the auto bailout and bernie sanders voted against it and i'll tell you what, looking at it now, it's even clearer i was right. >> amazon, the latest push to take over retail, how the company is repor

there's really only one major company that's left to report that has, you know, significant exposure to apple and we hear from that this week and that's corvo and go back over the last few weeks of earnings and look at the results from synaptics and cirrus logic and a handful of others, we've already seen the impact of the supply chain from apple's lower numbers. many companies reported after apple did. some like jable on the manufacturing side reported a bit earlier. we had a bit of an early look and then we've seen a lot of key supplier reports and i do think expectations have been appropriately lowered. many of these companies reported dismal june guidance which really matched apple, you know, in many regards. the only ones that did better were the ones more diversified away from their exposure to apple with you a lot are being cautious about the comments in the back half of the year, and it's because there's some uncertainty exactly about what the iphone 7 is going to look like and what demand will be like, so what we're doing at gray's peak is paying a lot of attention to the supply chai

apple. it's about to get wicked. right sleeve, left sleeve,gs i looneck hole. t-shirt? is this shirt alive man? oh, i'm tucking baby. no dancing, i don't dance. oh youve different emotions. dear fellow citizen, time spent with my son really makes me appreciate "the now". but i also have to plan for my family's future. and that means taking on debt. in a smart way. like my mortgage - it's working for me. and if he needs a college loan down the road, that'll be worth it too. it's all about having a strategy, that fits your life. so, if you have a question about how to make debt work for you, ask me. sincerely, brandon heaven fellow dad and fellow citizen. ♪ [ cheers and applause ] >> seth: performing her new song, "funnel of love," welcome back cyndi lauper. [ cheers and applause ] ♪ ♪ here i go going down down down my mind is a blank my head is spinning ♪ ♪ around and around as i go deeper into the funnel of love ♪ ♪ ♪ i tried and i tried to run and hide i even tried to run away ya just can't hide from ♪ ♪ the funnel of love it's bound to get you someday ♪ ♪ ♪ it's such a crazy crazy feeling i get weak in the knees my poor old head is ♪ ♪ a reelin' a

apple. it's about to get wicked. right sleeve, left sleeve,gs i looneck hole. t-shirt? is this shirt alive man? oh, i'm tucking baby. no dancing, i don't dance. oh youferent emotions. he gets a ready for you alert the second his room is ready. so he knows exactly when he can settle in and think big. and when josh thinks big you know what he gives? i'll give you everything i've got and then some... he gives a hundred and ten percent! i'm confident this 10% can boost your market share. look at that pie chart! boom! you've never seen a number like that! you feel me lois? i'm feeling you. yeah you do! let's do this! watch out he just had a whole thimble full of coffee... woot! woot! the ready for you alert, only at laquinta.com. la... quinta! yeah! ♪ [ cheers and applause ] >> seth: performing her new song, "funnel of love," welcome back cyndi lauper. [ cheers and applause ] ♪ ♪ here i go going down down down my mind is a blank my head is spinning ♪ ♪ around and around as i go deeper into the funnel of love ♪ ♪ ♪ i tried and i tried to run and hide i even tried to run away ya just can't hide from ♪ ♪ the funnel of love it's bound to get you someday ♪ ♪

. >> you can see the nasdaq futures getting a nice little left that apple has risen. 76% on the index. the s&p 500 has been down for three weeks, coming back this monday by 32 points. there is a lot to talk about in the commodity market, with crude at a november high. -- with crude at a high. yields given up in some of last week's rally. there is so much to talk about. let's get back to that story of berkshire hathaway, disclosing its bid into apple. we've got a couple of hurting as filings this morning. this one really stands out. it is the story of warren buffett and the shift into tech, or is it a story about tim cook and eight saving grace for apple ? >> i think this is a different than what heesis is using to think about yahoo!. specifically to apple, if you look at the acquisition criteria that berkshire uses, they have several of him. it should not be a huge surprise , given that the company's stock , and it iseen lower potentially an opportunity that berkshire has identified. >> what does it do for apple? how much does it give them a vote of confidence? apple,

i went to apple but the receptionist was so cold, she said you don't have an appointment and you have to leave so i lefthave you met the business leaders in town to talk about the situation we can help to each other, you know. jo ling: cooperation might be in order. barrie chang, you are the mayor of cup or tino, thank you. apple closed down for the 11th time as news that tim cook is going to make a trip to china and iphone sales are down. the boycott against target against target's bathroom policy. >> i need no further information to know you have lost your ever loving mind? are you kidding me? your political correct northeast has caused you to do something extraordinarily stupid. try doctor-recommended gaviscon. and intellectual propertylines about bubeing stolen.g hacked that is cyber-crime. and it affects each and every one of us. microsoft created the digital crimes unit to fight cyber-crime. we use the microsoft cloud to visualize information so we can track down the criminals. when it comes to the cloud, trust and security are paramount. we're building what we learn back into the cloud to make pe

left. we're going to check those restrictions in upper merion coming up. >> an actress is accused of tossing paint at a might be's home and when you hear who it is you'll say how about them applesthat's later in the morning buzz. >> ♪ >> welcome back. taking a live look there. we're off to a little bit of a cloudy foggy in some places start this morning. a little rain depending on where you r it's 5:14, 54 degrees. >> it's raining during the morning commute. it's raining during the morning commute, it's raining during the morning commute. >> most of the roads are dry but we do have some showers out there especially in cape may county. so you want to watch for that. but let's check the suburbs as you're headed out right now. we're not wet here in upper merion but the problem is the construction crews. route 23 at 422 we still see them out there doing some work. you see the cones, lots of flashing lights out there right now but restrictions should be lifted within the next hour or so, so we're watching for that construction still going on right now in upper merion. over here in the northeast extension the construction crews have left the scene northbound past lansdale. looking pr

left to their own devices. the stock is off 18%. it tells you exactly what happens in the future. office supply amazon armageddon. but now let's compare to apple. here's a company that has changed a billion people's lives. that's roughly how many people have the devices. and given the customer satisfaction number it is safe to say it changes for the better. we've all altered our behavior because of apple's iphones. whether the need to wear make-up whenever you go outside since the high resolution brings out the blemishes, or to watch on apple or the way we pay with our phone at the register. how we back up our photos. right now all that anyone cares about is that apple missed the past quarter. like with the apple board member, no innovation. no innovation. tim no innovation cook. it doesn't matter what has been accomplished or in the works. it is all over. suffice it to say i cannot make that judgment. i see the loyalty and the revenue streams. while i can't see the new products yet, i know when they come out, people will kill for them. but only after we know that they exist. apple again like disney has an amazing balance sheet. best in the wo

there's been as much focus on india as there have been for others including apples of the world and that sort of thing. what's left for yous to crack? >> i'm glad you brought up india because we don't get a chance to talk about that very much. india is market where we've got a great partner with one of the leading companies in the world, and that's tata. we have a hundred stores in india including major cities. growth will be slow because of infrastructure issues but our growth in india is going to parallel the growth in china in terms o the number of stores we'll have over the long, long term. again, market that i think is great for us, we just opened in south africa. i think the continent of africa is all white space for starbucks. we're engaged a number of conversations and emerging markets there. and, again, we're still early on. even in our domestic strategy, we're opening 200 to 300 stores alone in the u.s. don't lose sight of this fact, which i think is so vitally important. over the past five years, our best performing class of stores are the stores we've opened this year. so despite the stores we've opened in the

apple headquarters, tried to talk to their executive. but then the receptionist was so cold, and she said you don't have an appointment, you have to leave. so i leftt of apple headquarters. stuart: your honor, we've been showing our viewers pictures of the construction of the brand-new apple headquarters. >> right. stuart: i think they're spending 5 billion on it, and it's called the spaceship by some people. >> right. stuart: i presume that when that is occupied, when they move in, they will be paying a lot more in local property taxes. is that accurate? >> correct. because i negotiated with them more than 12 times. i worked really hard. and then have them pay 30% more sales tax to our city. so which is quite not easy because most people know that apple doesn't pay federal government; right? stuart: all right. >> but what i'm looking at is this is a much bigger problem for our society, not only cupertino, not only silicon valley, not only california, it is entire country. because if you look at the rich get richer and then the poorer get poorer, middle class is dwindling and every member say the have willing to share with the have-nots then there

crest of and a number of vehicles it may be blocking the left lane in the to the friends the map of the king of slow traffic apple can tell youe it it will be stop and go come out of a point heading west and to conquer but the drive times to under 20 minutes to get from hillcrest and antioch to 242 conference. >>darya: the giants should we bring him after he gave up 17 runs last night we're live at at&t park of the details right now he's a man without a team and let all changed after today he has a story pass with the san francisco giants he spent nine seasons he won two sidearm it was the four all-star games and won for only the start of three or world series teams today kick. >>jackie sissel: the dyes will be one of only 23 major league baseball teams it will be watching him obviously his coming off a huge injury get hip surgery so has not pitched in a major-league game since last year unless they said he is one of the most popular giants of all time. >>jackie sissel: as you said after last night the giants could use him right now there last two daughters they get up 17 runs in the game 13 runs in one inning the showcase fo

left the middle class out. >> we have to leave it there. thank you both very much. >> apple trading around its 52-week low.stock maybe a buy at these levels? we'll talk to one shareholder who is adding to his position and another who says hold on a minute. that debate next. ♪ ♪ for decades, investors have used a 60/40 stock and bond model, with little in alternatives. yet alternatives can tap opportunities that traditional assets can't. and even though they're called alternatives, they're actually designed to help meet very traditional goals. that's why invesco believes people should look past conventional models and make alternatives a core part of their portfolios. translation? goodbye 60/40, hello 50/30/20. hii'm here to tell homeowners that are sixty-two and older about a great way to live a better retirement... it's called a reverse mortgage. call right now to receive your free dvd and booklet with no obligation. it answers questions like... how a reverse mortgage works, how much you qualify for, the ways to receive your money... and more. plus, when you call now, you'll get this magnifier with led li

apple a lot. so i am not negative on everything. overall i think time to be cautious. charles: initially you weren't a fan. there was an article in the atlantic, a left publication. we want to hear all voices, what you would say to someone who says donald trump's plan to deport 11 million undocumented immigrant would cost $600 million. what do you say about that? >> you are exactly right. i come late to the trump train. early enough, i hope. but i speak with the zeal of a convert. he persuaded me. here i the main thing when it come to economics going forward and donald trump. we don't just have a frayed deficit and budget deficit. we have a growth deficit. the on cad who seriously addressed it is donald trump. we'll massively cut taxes on flatten the tax code. we'll simplify regulation. charles: those are the low-hanging fruit aspects of it. what about some of the other promises that are made, including the deportation. i looked at the numbers and i know illegals take more out of our economy than they put in. is it worth $billion to deport them and have them stand in line. >> as an hispanic, legal immigration is a huge net possible tough to the econo

left or right, the camera makes you feel like you are in the room. charlie: are we in an age where most of the developments will not come from a garage, but from google, amazon, apples both. i think the infrastructure will come from them, but you will start seeing experiences coming from all corners of the world, from all different people. once the camera systems are there, and the content creation tools are there, it is the same as video and user generated content on youtube. people will make their own stories. >> a lot of the big mobile apps started not technically in a garage, but a few people in a small room. the same thing is true. these are available devices. someone could buy one, take it home, and they could start developing if they know how to program. >> it is the democratization of the human experience, in the same way the internet was the democratization of data. i can make an experience, build an experience on the other side of the world, and share it with someone, and they can experience what i experienced, or create a completely unique experience that cannot exist like going to pluto. >> that is why film is i think a limited metaphor, when thinking a

left lane at thornton. if you are moving through fairfield an accident just cleared but the traffic is very slow. >> gin mentioned warren buffett has eye on silicon valley, announcing he has a big zika in applewns more than $1 billion in stocks and it is the 56th larger shareholder. all the warriors hold a shoot around this morning ahead of the western conference finals and steph curry said he will lay again the thunder and andrew is police today "questionable," with tip-off at 6:00 p.m. earlier than usual. just in case. >> see you in 25 minutes. mmm. baclet's instabrag.d. honey, jalapeño boom boom, h-how is there no bacon emoji? denny's new honey jalapeño bacon, part of the red white and bacon menu. denny's. welcome to america's diner. [we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ >>> good morning, america. life-threatening floods hit the south right now, this abc station capturing these images from their roof. >> they're under water. i don't know if they're going to make it. >> an emergency declared. half a foot of rain. water up to windows, rescues under way. more storms from oklahoma to texas are on the way. >>> donald trump un

is nothing, you know, kind of the scary part about this there is two parts to this equation supply and demand, if we are not going to fix the supply part, the demand will fix itself. apple left, facebook left, google left, i never lived anyplace where people are cheering for the economy to tank. >> are we getting talented people who can't afford these outrageous rents and mortgages and looking at places in austin, texas where you can get twice the house for less money. >> the governor of florida is coming this week, we don't think he has a good chance of it. but it certainly is, i don't know how earn canned or scary that is. it should be a concern however i think the poll result that we got offer an initial red flag for that very scary prospect. so you know, our talent pool here, the brains that we have in this region are are what drive our economy. and so we need to predict that. >> we've done stories about san francisco and the threat of the middle class disappears, it's almost as if that is starting to spread out beyond the city by the bay and the suburbs and other counties that the threat of the middle class could disappear from the bay area some day at this pace. >> yea

left in the current fiscal year. things could just get worse for apple before they get better. alix: the last time i looked at the chart, youes were holding the support line. abigail: apple is still holding the support but just barely holding, very precarious. investors do see compelling value at those levels, but they appeared to be growing tired or losing resolved as the current lows are slyly below the lows in january and february, telling us there could be some bearish action ahead for apple. scarlet: thanks so much. there is another sign that the smartphone slowed and maybe going from bad to worse. on andsuppliers in asia have an early look at what apple could be facing. what did you learn? things that has been happening over the last few years with a the iphone cycle is you used to have a low before the new product launch. and the expectations rose the installment of the iphones rose, the lull guard extended. the preceding quarters are kind of week. scarlet: the next apple launch will be september? time for then calendar fourth quarter here in the united states. alix: so what are suppliers say? anand: in this particul

left behind and has not been valued terribly as much. >> the larger one as you mentioned is anybody who's involved with tracking a heart rate, including an apples of products, garmin. if there is something to this one, you wonder if that would open the door. >> what about the discovery where they ask them when they knew this, if they knew this, if they ever tested the product and what that discovery shows? that's where it could get messy. >> exactly. >> this is obviously not -- it's obviously not something where they're making claims that need to go through the fda, right? >> right. this is a truth in advertising type of thing? >> you'd think they tested it. >> they did test it. the question is what was the integrity of the test? >> somebody successfully sued red bull because it doesn't give you wings. so anything could han, steve, anything. >>> the fed making it clear a june rate hike is still on the table. >> this seems normal in that context. >> up next, why one leading economist thinks we won't see one until september. >>> and legal marijuana in colorado may mean more tax dollars rolling in, but not everyone in the capitol city of denver i

left. >> i understand this is going to be a bilingual set? >> it's taking off good. lead economic indicators, those are looking better. so that's a good backdrop. they said when you leave the big apple're not going nowhere. without profits the market can't go anywhere. so my acronym for this year is r. r.a.t.e.s. a return to normalization of levels. it seems like the fed meeting, they're left. you can get from an acronym sometimes a way of grachsing these things. >> is this a self serving ak crow name? >> it's an abyss. it goes further down. it cascades down. that's the french term for what acronymic insight is. >> very self-conscious. >> dollar and energy in oil prices. and finally and very importantly bank stocks had a good week. they actually like the higher interest rates. >> they love it. >> the dollar going up is not something they want to see. they're trying to tread a very careful path there. "e" is earnings. the biggest thing of all, china said we're going to switch from a escalade, cadillac escalade to driving a chevrolet. that means they're going to switch from monetary stimulus to struks real form. they both use gasoline and debt. but china, i think this is one of the mo

left will soon be leaving after major delays on the model suv have played their deliveries. sandra: thank you. your take on the future. everybody is watching this. >> it's kind of an elon musk moments, especially apple been tarnished a little bit. sandra: i thought you meant the other night when he got rejected from the after party. that really happened. >> will, he's taking on that he can produce 500,000 cars in two years and take on a war debt to do that. it will really be a make or break model. the company has to ramp up really quickly here so there's a lot of excitement that they will be with a lot of questions. sandra: our president next per. a bright future? dagen: i've pooh-poohed the company. but i think some of their design innovations will influence the way that automobiles look for future generation. i still wind up thinking that this company gets bought by somebody. it could be a technology company. you have apple sitting around with a cash hoard that is unparalleled. apple has to buy at netflix or tesla potentially. a lot of car people do not think he could ramp up production. >> it is him. they lost a lot of executives in the last year. he is the secret to the com to me. you wonder how