She sits down with me to discuss the direction of her industry. I will introduce you to the 100,000 dollars safe that can protect your homes most valuable possessions. Headlines with carol massar. Puerto ricos Credit Ratings was cut three levels into junk status by moodys. The potential for further cuts to come. The change could affect more than 14 billion in general obligation debt. Gms surprising investors with a u. S. Sales gain at the analysts projected a declined. These numbers come as the automaker continues its recall. The total reaching almost 29 million vehicles. Ford, chrysler, nissan all beat estimates. U. S. Auto sales helping out u. S. Stocks in a nice rally. Sending the dow into triple digits. Within twooming points of 17,004 the first time. That is a look at your top headlines. Thanks. Lets discuss this rally. We have the director of stment strategy at also, we have bloombergs keith naughton. Usse, i want you to tell what you think that the market is rallying. The economic circumstances are decent. We are seeing modest growth, a 2. 9 decline which is not really the longterm growth rate of this economy. The valuations are relatively agreeable. We are only slightly overvalued. Central banks are generally still stimulus. Awayare starting to peel the stimulus. That brings investors to this push of what do i do . The answer is, we have to stick with risk assets and with equities in general. So, stay with equities and she do add new money to equities . It depends on your starting point. I would not be going overly aggressive but if you dont have enough equities in your portfolio, you should continue to average in overtime. I do believe this is the best approach. Some of the prices that you get will probably be better than the price. Why do think there will be an increase in volatility . The Federal Reserve is pulling back from its stimulative measures. What it does mean is that the market returns tend to slow down. A 17 rate going into a fed tightening cycle. It seems to be about six percent going out. We are probably going into a lower return, higher risk environment. It does not seem as though automobile sales are slowing down. This is something that shocked most of the economists who followed the industry. Not slowing down a bit. Everyone predicted this would be a long month because may was so strong. We had our best month in eight years and sales are up. Including for General Motors. They just keep going up. . What is driving all of this is it low Interest Rates . Is it better automobile models . Or something bigger . Both of those things. You do have 72 month loan rates below three percent. You have incredibly attractive lease deals. Shele are buying that payment instead of the big sticker price. And you see a lot of new models that have new technology that people want. People want a car that they can meet their iphone two. People want a car that is more fuel efficient. The cars most people are driving around in dont have that technology. You mentioned new models and i want to talk about a new chief executive. Tell us about this as a new model. That is the biggest new model. 25 years. Around for he was reborn under alan mulally who brought a whole new culture to ford which was a company that was a backbiting culture. The rally got everybody working together. He got everybody working together. He has become a believer in my approach. His greatest challenge is just following alan mulally and becoming his own man. Does the Automobile Industry hold lessons for investors . Should people be looking at these kind of stocks whether they be ford, gm, chrysler . Should they be looking at these as possible investments . The first thing this is most important is we are hearing the story of what is going on within his companies and what they are seeing in terms of sales. That is a broad barometer of what the economy is. People need to replace older cars and no sales are coming through because the financing rates are cheaper. There are Great Companies in the auto industry. They are tied to that industry. This is the environment where you had to start being choosy. This is one of those environments where not everything is priced at on with the other. So, do they want at it management . It has a lot of value. Coming downion is dramatically. There will be winners and losers. I want to thank you very much for joining me. Fields, is not the only new executive making a move. Twitter has named anthony noto as its new chief Financial Officer. He did help to lead the initial public offering. Cory johnson joins me now from San Francisco with more. Send them a congratulations note . I did, the second one ive sent in the last month or so. He is announcing is going to leave Goldman Sachs and run the Technology Banking group. A little back and forth. Today, announced he will not go to the hedge fund, he will go to twitter. It is a big move. Hes a guy that has been around technology and back and forth from new york and here for many years. In 1999, 2000, standing at a hotel lobby with him telling me stories about how webmail would be a Game Changing company and people were listening to him. This is the kind of guy that could boost the dubious stock. He got a job as chief Financial Officer at the nfl. That helped him get a job going back to Goldman Sachs. ,ow, it helps them once again not only to bring this message twitter ipo out but go there to defend the company and tell its story to wall street. Cory johnson, the nasdaq is 4400. This is used as a boxy for technology stocks. It has taken the nasdaq 16 years to 44 hundred. Does a rising tide lifts all boats in the Technology Sector . Yes. Did you see 3d systems . , stocks are running like crazy. Without it changes from day to day in terms of businesses. Some Big Companies are having real issues in terms of road. There are a lot of interesting things, a lot of changing Business Models and gets the business excited about the future. I am more of aat halffull,empty, guy . I cannot tell you for empty . Are up 42 since the ipo. What are people complaining about . Is 62 since the ipo. While people see a stock chart moving down, they have to take in mind this thing as trading at 25 times sales. Because of anthony noto and his success, they have had a lot of momentum that the prices are staying real high. A selloffwe will see afterwards. I know you will be tweeting this all of this out. Cory johnson joining us from San Francisco. Coming up, i will take a look at a company that is looking to cash in on the growing popularity of legalize marijuana. Chiefll meet the executive of the manufacturer of a robotics system for people that cannot walk on their own. It has just been approved for use in the home. Details ahead on taking stock. Onthis is taking stock bloomberg. The state liquor control board will issue about 20 retail licenses for Marijuana Retail stores following in the footsteps of the state of colorado. One company that could gain from nationwide except since is acceptances terra tech. Joining me now is the chief executive, derek peterson. Thank you for being with me. I wanted you to give us a background on your career. Thank you for having us back. I spent about a decade on wall street working for a handful of different firms. I had a friend that was operating a dispensary about the size of a starbucks. At revenue per square foot it was doing about 3000 per square foot. Your average Retail Company does about 250,000 per square foot. Apple computer is a stand alone. The numbers in the markets seemed to make a lot of sense. Was there any response either among your family or your friends when you decided to go into this business of making the equipment that allows you to grow things hydroponically . In 2010. As back it was not as en vogue as it is now to say the least. We had melinda hage shutting down a lot of dispensaries. Getting a pretty aggressive stance from a federal standpoint. I think my wife thought i was nuts for about four or five geths until we started to some tailwinds. Fortunately, she does not have the same perspective. Describe what it would be like to walk through and investigate one of these marijuana growing facilities in terms of scale . In terms of the equipment that is necessary to grow this stuff on a commercial basis. One of the important aspects that we see right now is most of the cultivation is happening in indoor facilities. Warehouses up that are set up with automated controlled environments, lighting him and that kind of thing. One of the things that is aornia is experiencing huge energy drain when it comes to the electrical utilization is necessary. What we are seeing is the beginning trends of greenhouse farming being used on a commercial scale. We operate several greenhouses across the country into indiana, florida, as well as new jersey where we grow traditional produce and the only way this model and markets it stays cannabis to cultivate inside of largescale commercial hydroponic greenhouses. What kind of size, what kind of Square Footage are we talking about . 10,000, 20 5000 square feet locations . The problem is that it is relatively fragmented. Locations. Ng smaller we operate a five acre facility in belvidere, new jersey. To see is seelike this industry go through a maturation process. Itwould like to see consolidated and taken out of these off the street warehouses and put into these foodgrade quality facilities. Consumers deserve to have a product or have access to a product that has testing, that comes from a facility that they know has certain parameters and processes put in place that protect them. You talk about the consumer and their protection, the consumer in the state of washington, i believe next week is going to be able to walk into a retail location and purchase this. Based on your knowledge of the situation, do you think that the state of washington is ready . Lets look at it from a comparable standpoint. I just got back from colorado yesterday. Is getting about 10 million of taxation. About 14 or 15 when you add medical. When you look at the taxes and registration fees. I think youre looking at 18 million in tax revenue. Targetedpecifically toward school district. They have actually seen Violent Crime drop a little bit over five percent for last year versus this year. Not only are they generating tax revenue that they can build programs on but there also having the byproduct which is the reduction of crime which is the opposite of what most people think. I want to thank you very much for spending time with me. The chief executive and the president of terra tech. I will talk to the chief executive of rewalk robotics. They have a system that helps people with spinal cord injuries walk. Approved for been home use in the united states. We will talk to him next on taking stock. This is taking stock on bloomberg. I am pimm fox. Rewalk is a Hightech System that helps people with spinal cord injuries to walk again. It has been used in hospitals and rehab facilities. Now, the food and Drug Administration has approved it for home use. Joining us is the chief executive, lawrence jasinski. Anddo you describe rewalk walkingotic assist system . It is really a Human Machine Interface that i think in the longterm we will see many People Better able to do a lot more than walking. They will be able to gain parts of their life back. A lot of this comes from the man that invented it. He is a quadriplegic. He was paraplegic. He could not walk. He had an accident. Even though he was quadriplegic, he found a way to invent this. He has one that works. A remarkable story in that he was able to invented in addition to how well it works for individuals. How does it work . You should drop it on, almost like a cage. , you attachour feet it on each side. A small a strong structure that fits around your waist. Gears, butotors and it relies on two major new areas. Theis motion sensing and other is the computer algorithm. It knows to stand up. When you move your arms forward, the software tells it to take a step. How does it get its power . Is it a battery of some kind . Yes, it is about it battery powered. You can wear it all day. You can wear it to work in the morning and it will run for three hours of constant walking. Is designed for everyday life. What about the technical aspects of this . Do you have to learn anything if youre going to use this . Do you have to become rehabilitated physically or mentally in some way that would allow you to feel integrated . The learning curve is important and Rehab Centers are important. You have to relearn things from balance. You are three or four off the ground and you are doing always your movement through what you are doing with your upper body. Once you get this down, it is a bit like riding a bicycle. The weight of the system, describe a little bit about that. Is notomething that intuitive, that you managed to make happen. The system weighs about 45 pounds. But come it doesnt matter. It stands on the ground by itself. The bottom of it, it has struts that coincided your shoes. The user is standing on their own bones. Hold up theve to system. What is the significance of this being available for home use . It is already being used in hospitals and Rehab Centers. A good example is if you had a prosthetic leg, would they tell you to walk around the hospital without a leg . The real significance is that you can use this in everyday life. Anything from walking to her kids, going to a wedding, walking to work. You will get the benefits continuously. A healthld have benefit. What about the cost . The cost is 69,500. It has about a five year life. We believe it will save enough andy between production medications and reduction in competitions that it will more than pay for itself and would be a benefit to the insurance companies. Where do you make it . Inwe make it with a Company Northern israel. I want to thank you for joining us. Larry jasinski is the chief executive of rewalk. Coming up, we will catch up with lucy hale this is taking stock. I am pimm fox. Lucy hale recently turned 25 showsold but her career no signs of slowing up. Starpretty little liars debuts an album which are geared at number four. She has partnered with nestle and the girl scouts to send young girls to summer camp. I am not a girl scout but i have partnered up with girl scouts. It is really awesome. They are raising a lot of money to send young girls to camp for next summer. Necessarilyould not get the opportunity to go. I was a kid that did go to camp and i created some amazing memories there. I was really excited to lend my name to the campaign. Like to go back and time and to be a girl scout. You might get a chance. There is a whole theatrical future waiting for you. Camp . Did you go to i know you are from memphis, tennessee. I went to church camp, i went to the girls summer camp in tennessee. Eight tofrom ages like 14. I talked my mom into moving to l. A. With me after that. I was fortunate enough to get to go. You meet new people, you try new things and step outside of your comfort zone and it is a chance for me to bond with girls that were just like me, girls that were completely different from was just a shy little girl. It is a great opportunity for me. Hopefully, that will give other girls the chance to do the same thing i was fortunate enough to do. You spoke about moving out to los angeles and now beginning your career. You have done many movies, you have done Many Television shows, you are a star of pretty little liars. Them up on your life. Tell them about what has happened and what youre doing now. Beer on our fifth season. Our 100th episode is about to air. We are on our fifth season. He are all sort of on cloud nine. I have been doing that. I just released a cd which came out about a month ago. Been my firstys love. It took a little while to get there and to release the album but that finally came out. Awesome partnerships with nestle crunch and the girl scouts. That is it, life is good. Lets talk in detail about the music, youll get to the movies and the tv in just a moment but as far as music goes, whenever i read about you, i hear sometimes in the same paragraph, shania twain, taylor swift. What is your take . Would you like to aspire to that level or maybe a movie star . A if i could only have like portion of their success, that would be amazing. Obviously, people like taylor swift have completely paved the way. Shania twain is one of my idols. Countrylways loved music. I knew that i would release an album one day. Because of the success of the show, i was lucky enough to do so. Music is my main focus right now. Music is pretty much number one in my heart now. Tell us the name of the album and perhaps select one song that to think that you would like represent yourself. It is called road between and there is a song on their called road between which i have been calling an anthem. Favorite,o choose a there is a song called nervous girls which is a pretty beautiful message. It is a strong message that i think everyone should hear. It says that we all sort of struggle with something and at the end of the day, if you strip away everything, how much money may, where you are from, what you look like, what you do for living, we all kind of struggle with something and we should be there for each other. Have you been able to translate that into using video or media to show people and let people see and hear your music . However ive been promoting it . How have i been promoting it . I went out on a radio tour for about four months on hey i this on hiatus from the show. Day,re into cities every you are performing every day. It has been a lot of that. I filmed during the week and on the weekends i fly away and do shows. I just dropped my second music video last weekend. My career is interesting because there is the acting and theres the music. There is the timing that makes it tricky. It is busy. I get myhere adrenaline. It is very thrilling. My thanks to the actress and singer lucy hale. More than one billion users visit youtube every month. That is a lot of eyeballs. Theyre also helping to create a new generation they hope to call them to juggle stars. Joining me now from los angeles, a star and a former youtube