Theres only 13 shopping days left before christmas. The top three tech trends emerging this shopping season. The bigbox winners and the one comeback retail stock for 2014. Weve got it all. Tyler and i have done a big switcheroo. Hes down at the nyse today. Hey, ty. I did a Little Christmas shopping this morning. Economists might be excited about the dream team of yellen and fisher, but it looks like Equity Investors arent particularly cheering today, if that has anything to do with the investors are down 116 points right now. The s p 500 down about 7. 5 , and the composite at nasdaq back below 4,000, 3,999 down 4. 75 . The dow flirting here with a second straight tripledigit decline. Bob pisani, kenny polcarpolcari people reacting at all . The nonannouncement, i should say. The nonannouncement. Its obviously a good choice. Hes clearly qualified. They would make a very strong team. If youre asking me, i dont think thats whats driving the market. Why . Technically it needs to test the 1775, 1770 level to see if the buyers and were sitting right there. And ive been saying this for a couple days. This is the level you want to see if the buyers are really alive which i think its going to run into support right here. And youve been saying sort of flattish from here on out, maybe profit taking. That certainly seems to be what were seeing. One good day in two weeks. Nobody had a problem with the fed considering tapering. Today we got a great retail sales report and they do. So the bottom line is there are concerns about tapering, but its because the economy is getting better. Weve got a good jobs number, now a good retail sales number. Theyre raising the gdp estimates. None of this is bad news. No, its not bad news. The Fisher Yellen combination could be fantastic. Got to leave it there. Were going to go up to dominic chu for a market flash. Leats look at the ipos, the ipo surge. Remember,ist a huge, huge story. Weve already told you some of the hottest performers in terms of returns this year, but how about the biggest ipo fundraisers, s the ones that raised the most money from investors . Here are the top five so far just in 2013. Oil and gas pipeline raised 2. 8 billion back on october 15th. Hilton currently in second on the list. Then theres Animal SciencesCompany Zoetis which raised 2. 2 billion in january. Of course, twitter makes our list raising 1. 8 billion last month. And then oil and Gas Exploration and Production Company antero. Plains gp has been solid, up about 10 from their ipo price. Zoetis has gained nearly 20 from its 26 ipo. Twitter just about at the doubling mark after pricing at 26 bucks a share. You can see right around 52 there. And Antero Resources is up 30 after selling shares at 44 bucks apiece. So yeah, its been an up year for the market, but you didnt have to be a twitter ipo investor to get some really healthy gains from other big initial public offerings, sue. So big names, hilton, of course, joining that list. Back to you. Thank you very much. Weve had a couple soft auctions this week. Rick santelli is here to tell us how the market is performing as we go into the latter part of the week. How did the 30year do . Well, you no he, they reopened 30s 29year level month to be precise, a yield of 3. 90. The one issue, market right at the end started to get choppy, but in my opinion, it was a wide bit offer spread. I would have pegged it around 3. 895. So higher yield, lower price. C minus. Why . Didnt like the way it priced. Volatility at the end, i thought, had buyers remorse to it. 2. 35 versus 2. 42 on bid to cover representing a ten auction average. We had pretty stong indirerong at 46 . Slightly off the mark directs at 12. 5, similar to yesterdays 10. People arent looking at it as aggressively. Keep in mind, treasuries are under a bit of pressure today whether its retail sales or the fact that equities are going sour as the feds sweetener seems to be saying adios. Back to you, sue. Thank you very much, ricky. And now lets go to the nasdaq to sheila and a market flash. Shares of cisco are taking a hit. The company having a very disappointing growth outlook, saying over the next three to five years, it expects growth of between 3 and 6 . That is below the originally stated goal of 5 to 7 . The company also said it is confirming 2014 revenue estimates calling for a decline of 4 . Saying, quote, thats about where we are. Now, they did have some good news. They talked about their computing and cloudware business, saying it can grow between 12 and 18 . Also shedding light on its 1 billion security business saying it can grow up as much as 15 . Right now cisco shares taking a hit, almost 2 , bringing in the nasdaq today as well. Sue . Thanks so much. Theyre being called the fed dream team, the possibility of Stanley Fisher becoming the next vice chair has economists buzzing. You may not know who mr. Fisher is, but Steve Liesman knows him quite well, has known him for many years when you were working in russia. Yeah, he was on the imf. Fetell us what hed like and what we need to know. Stan fisher is the guy, when he starts talking to a room of bankers in his very hushed accent, every stops to listen. Lets take a look at what were calling his fed cred here. Bank of israel governor, 05 to 2013. Citigroup vice chairman from 2002 to 05, imf deputy managing director, Eastern Europe and the reconstruction there for which, by the way, he took a little criticism with his add vocation by the imf at the time of austerity. World bank chief economist and of course m. I. T. Economics professor which is a big part of who he is. Take a look here at some of his students. None other than ben bernanke, mario draghi. Lawrence summers, one of the eminent economists of our day and gregory mankiw. But thats history. The bigger question, what does he think about the feds policies . There he is. With ben bernanke in jackson hole. Heres what he said back in november when he sat on an imf panel with bernanke. Summers and ken rogard of harvard. What we have learned this time is that managerial policy does not reflect necessarily lose its effectiveness at the zero lower bound and that theres a lot that the central bank can do to continue to support the economy even when the Central Bank Interest rate is effectively zero. My take is he also said the central bank should do as well. Also last month, he told another conference that the feds qe policy was, quote, dangerous but necessary. He said without it the economy would have been in much worse shape. He has questioned forward guidance. It doesnt really know. So hell be a supporter of the feds policy, but hell certainly raise important questions behind the scenes. That goes along with mr. Bernankes wanting dialogue among the fed members and the fed president s. But how influential do you think he will be with ms. Yellen . I think enormously influential. I dont think he would be here without really yellens sanction. I dont think you do that. I dont think that the president would do that. The fed vice chairman plays a particular role. Behind the scenes, they can say anything they want. In public, what they tend to be is the intellectual pulling guard for the chairman. You have an idea. You send your vice chairman out and do some of the heavy lifting on that idea. Kind of the vetting of it. The vetting. Thank you. Jpmorgans jamie dimon saying a big thankyou to congress for getting a budget deal done. Eamon javers has the details. Reporter Jpmorgans Jamie Dimon is speaking right now here in washington, and he was asked at the Aspen Institute by Walter Isaacson what he makes of this budget deal. Take a listen. What do you make of the budget deal and what that will do for the economy . I sent an email to patty murray and paul ryan yesterday basically saying thank you, thank you, thank you and may the lord bless them because the countrys getting stronger every single day and not shooting ourselves in the foot is a very good thing not to do. If we just keep on doing this, collaborating, keep on doing some smart things, i think america will really start to grow rapidly. Tyler, thank you, thank you, thank you and may the lord bless them. Thats what we call a ful fullthroated endorsement, tyler. That is a lovely fullthroated endorsement if ever i heard one. Where do we stand on a vote . Is a vote coming later today or what . We expect they will vote today. And the question is where does it go from there . Were seeing some interesting fracturing here on the republican side of this. And between speaker of the house john boehner and of some the conservative groups here in town. Thats something well have to keep an eye on as well. He was very critical of some of those groups yesterday. In some statements that was in one of your reports, by the way. Thanks very much. Now, who are the worst ceos of the year . Well tell you who made one sorry list. Plus, tis the season, 12 days and counting until christmas. Look. The yule log has been lit. Family and friends. Listen to the crackle, ladies and gentlemen. When we come back, our special power lunch retail support group. The three top tech trends emerging this holiday season. The bigbox winners and one comeback retail stock for 2014. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the Aerospace Industry in the u. S. . At t. Rowe price, we understand the connections of a complex, global economy. Its just one reason over 70 of our mutual funds beat their 10year lipper average. T. Rowe price. Invest with confidence. Request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. Its the most wonderful time of the year. Just 12 days left to shop. And our retail roundtable is ready to go. And i know tyler is very jealous because he loves the yule log. Were going to talk about what the mood is this shopping season and what companies will come out on top. So here with us once again is cnbcs retail analyst, stacy, independent Technology Reporter natalie morris, and jpmorgan hardlines retail analyst, chris horvers. Welcome to all of you. Im so pleased to be here. I know tylers very jealous. Natalie, ill start with you. In terms of this years picks in terms of electronics, whats hot . Well, its a game console year. We usually only get those about once an administration, right . So we have the new xbox 1 and the playstation 4, and theyre battling it out in the stores. And its close, too. Well, it is a little bit close. It looks like the Sony Playstation 4, though, is the choice because its cheaper. I think xbox might have priced themselves out which is too bad because you get more bang for your buck when you buy an xbox because its not just a gaming console. Its a fullservice media center and media console. But i dont know that theyve let the consumers know that enough. So now theyre just choosing on price. Because when it comes to game titles which is huge. Its an even playing field. If you dont get your message out there at this time of year, if you cant execute on the message and the default is price, thats not its not backwards compatible with previous games. So it alienates a lot of gamers who think i dont want to upgrade now. And they havent really what they need to do is sell the family on it. So if the mom buying that console thinks i can watch greys anatomy when they go to sleep. Thats if they go to sleep. Right. When you make them go to sleep. Natalie and i have little ones. Thats what happens. So chris, tell me what youre watching this holiday season. Who are going to be the bigbox winners . Yep. So our two favorite names are best buy and Dicks Sporting Goods. To natalies point, the gaming console is hot. Tablets are still hot. We were talking about fitbit, another hot Stocking Stuffer for this year. You know what . Theres a new Management Team at best buy. Its their first holiday that theyre executing. Theyve invested in advertising, in price. And i think the category has taken share back. And if you look at the retail Sales Numbers today, that category was up 7 in november and in october. Its such an amazing turnaround story. It is. You know, the stock that was left for dead. Yes. Is now a Holiday Retail favorite. Did you ever think that you would be saying those words . Well, we upgraded it in january at around 20. No, youve been ahead of it. Youve been ahead of the move. Yeah. Why do you like Dicks Sporting Goods . Its cold, as we all know here in the northeast. Its been two very warm winters. Theyre on trend, too. Sports apparel is taking trend. Its nike, underarmour and north face. Theyre finally going to get paid with a little weather. Samestore sales is basically a spring. Stacy, let me turn to you. Because the consumer has become so discerning about what they want to buy. And you really have been watching coach and its failure to execute. Yes. For the last year. Tell me about that and what you think is going to happen to them in 2014. Sure. Well, we know that its been all about michael kors for the past year. Yes. The spread is like almost 30 percentage comp points between coach and kors recently. Thats phenomenal. Coach, what happened to them, they sort of rested on their laurels and got too comfortable because they were doing too well. Tory burch came in, kate spade came in. Now they get it. They realize their styles have fallen behind as well as their stores. And by the way, they had a designer whos also building his own brand at the same time. Thats a huge distraction. Zloo which is a distinct conflict of interest as well. Absolutely. I dont know how they let that continue. Thats a whole another story. Yes. So now they have a new designer from lueve, i had to go to spain to learn how to pronounce that. And hes terrific. Hes more higher end. Hes more about leather, less about logo. Youre going to see a change in the product. And its not going to happen overnight. But youre going to see an upgrade in the stores and much better protect over the next year. I think as you have all these favorites like kors, and if you have one misstep you know, look at lululemon. You can see a 15 correction in stocks that are cult stocks. I think you want to look at coach thats been the underdog, the underperformer and say what is a designer going to do to revolutionize the product and also theyre going to upgrade the stores and make them look for interesting. Yeah. Natalie, whats a good Stocking Stuffer for people that are interested in technology . Is it fitbit . What is it . Yeah, the fitbit is really nice. They have the flex and the force. You call it had a Stocking Stuffer, but i think thats actually a pretty good proper gift. What is it for those who dont know . These are wearable pedometers that keep track of your sleep, your activity, your Workout Intensity and your calories burned. They call this trend in technology the quantified life. So this is your attempt to quantify everything about yourself. What are you eating . Consuming . Burning . And then you can make better choices. And i think people really like that kind of thing. All right. Now, chris, you mentioned underarmour. Is athleticwear i think stacy, you feel this way as well that athleticwear is kind of the new chic thing for men and women. Absolutely. Theyve introduced a lot of colors, a lot of design this year, new fabrics. And i think that you look at dicks, theyve put 40 of their stores now of shop and shops from nike and underarmour. I think its going to be a big gift this year. Weve talked to some local Sporting Goods retailers. You know modells up 19 in november. Thats a big number. Thats a big number. Is that sustainable, stacy . Is it a category that is going to be, you know, somewhat fickle with consumers, or do you think its here to stay . You know, chris and i were chatting about this before the show and saying if you think about the apparel space and how uninteresting it is and how terrible and all the promotions, where is all this money going . Its going into activewear and footwear. This is where the technology is. Its where the fashion is. And this is even where the teen space potentially is moving some of their money. Absolutely. And you and i have talked about before that maybe footwear is actually the new handbag. It really could be. And that also incorporates technology. Accessories for technology because michael kors was one of the first to have a really stylish iphone case. And now theres a whole entire line of ipad cases and other tablet cases and theyre from the highend designers. We havent seen much of that from coach yet. Definitely not. This was so much fun, guys. Thank you very much. Really appreciate it. Our thanks to stacy, natalie and chris as well. So ty, you can have the yule log back when you get back up here, hon. I will be there later today. Thank you very much, sue. Getting your kids into the best schools, you wont believe how much private tutors are being paid these days and the jawdropping perks theyre getting. Youve got to see this one. Plus our power pitch. Coming up, power pitch. 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