Cnbc. Com vote. First lets check in with with sue at the new york stock exchange. Hi, ty, good to see you. Were going to start with three rings of fear. On the list, international crisis, another mortgage crisis and fear of a sudden market drop. That call coming from sam zell on squawk this morning. Its very likely that something has to give here because you just cant almost every company thats missed has missed on the revenue side, which is a reflection of the fact there is a demand issue, and that demand issue continues to be prevalent. When you have a demand issue, its hard to imagine the stock market at an alltime high. Dominik chu is with me. Sam zell very well known. Hes an exceptionally smart businessman. He is, but he made a couple mistakes. He made a bad call on the tribune. Yes. Do you think he could be right this time . Of course he could be right. Heres the reason why. Its the stock market. Nobody knows exactly whats going to happen. Theres no crystal ball. There is no crystal ball, and anyone who says they have a crystal ball wouldnt tell you they have it because they would be making all kinds of money all over the place. I will point out a couple things you said. He had a revenue probe. I would just say based on this past earning season, we did see sec companies with revenues at about 4. 5 . Thats at least one sign that the bulls could hang their hat on. Could be. Ty, to you. From one crisis to another mortgage crisis, dick bovay said the Housing Market could be in serious trouble. Thats how he sees it. He says the 30year mortgage could dry up. Quote, this means there will be less money available to fund housing and the terms of the available funds will be considerably more onerous. This means higher monthly payments, lower housing price. It means a crisis in the Mortgage Markets and the economy. Diana olich covers real estate. Is bovay right, diana . No offense, but i think its a dramatic overreaction. Let me just counter the three points hes making. Number one, he says once the fed pulls out of buying nbs, suddenly no one will be out there to buy it and the market will dry up . Currently the market is producing more than twice what the fed is buying and plenty of investors are picking up the slack. In fact, investors are actually viewing nbs as a viable component to portfolios now, and even if they were to weaken against treasuries again, they would make it all the more attractive. To his second point that the government is suddenly going to pull the plug on fannie mae and freddie mac, there is more of a chance we would colonize the moon. The government knows they need backing in the Mortgage Markets, theyre going to slowly change the entities, and they know this market needs a 30year fixed mortgage. They like that. Finally to the point that Interest Rates are going to rise when the feds are gone and we will well have rates so high nobody can afford a house . Remember, every time the fed has tapered, rates have gone down. Rates follow the 10year treasury, and even when the fed finally pulls out entirely and fannie mae ask freddie mac start to wind down, rates will go up sharply but theyre not going to go up suddenly and not enough to suddenly crash the Housing Market. Whats wrong with housing right now . Not enough people want to get mortgages. Not enough people have money to put a down payment on a home and credit is still very tight. Thats the problem. Not a crash coming this winter. Tyler . Diana, well be back with you later to check in with you. Third ring of fear standing right here. Theres a johnny cash line in there somewhere. Our international correspondent. Were not talking about the crises so much in the headlines, the middle east, ukraine, russia. Michelle is taking a look this hour at three potential simmering things that may not be on the radar screen on the front pages but are very much there. Weve been talking so long about these are the traditional geopolitical hot spots weaver been telling you about, ukraine, libya, pakistan, nigeria, et cetera. The very first one, some people are asking about whether were actually goes to see the return of the of the eurocrisis. Thats because the news coming out of europe is so bad you wonder if people will be able to pay their debts. The gdp since 1999, potentially flat. Flat or even below where it was. It doesnt grow and yet it incredibly indebted. The blue line has grown, even though it, too, is incredibly indebt indebted. There are huge expectations that because of data like that, the ubc central bank will do Something Big maybe as soon as tomorrow, and thats why the euro has been weakening. But Monetary Policy can only do so much. At some point those countries have to grow or well Start Talking once again about structuring, defaults, et cetera. Another thing that could be problematic, China Housing troubles. We got fresh pmi data out of china that suggests a rebound. But if you look at headlines in china, every day they go from bad to worse. And the question is, does it start to have a Ripple Effect within the Banking Sector because so many people in china invest in real estate because they dont really have many other choices . And then lets tell you whats going on with brazil. The data weve just gotten, its in recession in the first half of the year. The markets in brazil have actually been rallying, because it looks like this woman could actually lose the election. This rally is because the numbers get worse and worse for her every single day. However, what we dont know is the person who succeeds her, marina silva, whether or not she has economic policies, tyler, that would actually help brazil. Thats not clear. There was another candidate, hes in third place. Her politics are what, basically . Doma . Yes. And the succeeder is somewhat leftist. She ran on an environmental platform. She was critical of dilma of not being socialist enough in some ways. Better than dilma . There was a positive business candidate, looked like he was in second place, now hes in third. Sue, down to you. Those are the three rings of fear weve outlined, a sudden stock drop, a mortgage crisis and an international crisis. Lets talk more about that. Anthony valeri is an Investment Specialist at hugh johnson advisers. Anthony, im going to start with you. What about those three rings of fear, if you will, and how they maia ply to a market that by some measures may be somewhat overvalued . Well, the market is a little expensive here. I wouldnt say its overly expensive, certainly not what we saw precrisis or even in the peak of evaluation height, which in 992000. Were expensive for a good reason. Growth is good, earnings have been real good, but in terms of the mortgage market, no, credit is tight and we actually have Better Mortgage credit there. Dont see leverage an issue there, so i dont see that tripping up the Financial Market here at all. We do have interpretly some volatility in ukraine and the like, but the real story here is u. S. Growth and thats the drive for markets that will push stock markets higher. You think the market is a little expensive in some sectors, but you still say to some clients maintain a meaningful or overexposure or weight to equities. Is that because there isnt anything more compelling out there . Its in major part due, sue, to the fact that when you look at the underlying monetary and economic numbers, they tell me that the economy is going to continue to expand, maybe not at a strong pace, through 2014 and 2015 which essentially says that the current stock market economic Interest Rate cycle is not over. That doesnt mean we vaenlt become overvalued, and i think we are overvalued. Its also the case that optimism is a little bit too widespread. Things are a little bit frothy, so were likely to get a little bit of correction, or a good chaps of a correcti chance of a correction, who knows, but what im saying is maintain heavy exposure towith e time build some excess which i think is getting better. Anthony, the selloff if indeed we do get it, you would maintain to put money into the market, that those moves should be bought . Yes. At lpl, we would add to ta weakness. Good example, late july, early august, we had a good opportunity. As long as the if you understfu good and healthy, we are good. Youre saying selling it right now. What doou you think . Its not as cheap as it was but its not overvalued. Apple is going to introduce new products at a big meeting. The real question about that meeting is, is apple meeting the competition from samsung . I dont know, but i think the answer is going to be yes. Wait until september 9. I think youll see good news and i think youll see apple start to regenerate to the up side. Thats an extremely important meeting, and lets not forget, when you buy apple, its 2 dividend yield. You get paid to watch things unfold. Thats very true. Thank you, gentlemen. Appreciate it. Very good conversation. Lets go to Courtney Reagan for a market flash. Court . Check out toll brothers, the homebuilder reporting better than expected quarterly earnings, but this is higher home prices that deter americans from buying its luxury home. Stock currently trading below 4. 3 . All down by more than 2 . Sue . Oh, and a programming note. Douglas yearley will be on fast money tonight right here on cnbc. How could i have forgotten that . For whom the bell tolls. August automakers reporting their sales. Behind the wheel for us in chicago, phil lebeau. They look good, phil. Absolutely. When you look at the different brands, we just heard from mercedes best august ever, 9. 4 . When we show you the major brands and the major automakers, keep in mind almost every automaker reported better than ever sales in the month of august. People say, why were they better than expected . First of all, driven by low financing. In about 13 of the sales came with 0 financing. Thats bringing people into the showroom and onto the lot. There is also heavy demand for trucks and suvs. In august jeep sales jumped 49 basically across the entire product line. They are seeing extremely strong demand. Best august or best month of sales for a number of different models there. We did some computing. Peter shaq at our desk compared sales volume now compared to 2009 when the industry was bottoming out. Look at chrysler. Outpacing toyota, General Motors and ford, and when you go back over the last five years, compare ford and toyota and how those stocks have done from august of 09 till now, no comparison at all. Ford outdistancing toyota. Tyler, by the way, we get the full Monthly Sales pace, the expectation could be 17 million. Well get that in the next couple hours. That would be the first month since 06 since we hit 17 million, if it happens. Stick around. We have news of another flight diverted over a reclined seat and the flight prompted a third such incident in just over a week. What can and should airlines do about it . Go to cnbc. Com vote, and we will ask our experts next. The world has gotten you far, but what if you could see more of what you wanted to know . With fidelitys new active trader pro investing platform, the information thats important to you is all in one place, so finding more insight is easier. Its your idea powered by active trader pro. Another way fidelity gives you a more powerful investing experience. Call our specialists today to get up and running. Check out a positive reserve note from morgan stanley. It says the Stock Company could be worth 1 million a share in 2020. The stock currently trading up 12 . Tyler, back to you. Court, thank you very much. For the third time in about a week, another flight was diverted after a fight broke out when a woman calmly knitting reclined her seat into a passenger who was napping on her reclined tray table right behind her. The result, an Emergency Landing in jacksonville and more headaches for passengers and airlines alike. We want to hear from you. How should Airlines Stop these inflight quarrels . Go to cnbc. Com vote to join the conversation. Phil lebeau is back, seth kaplan, managing partner of in line weekly also joining us. Phil, what should airlines do to clamp down on these arguments, whether its over reclining seats or luggage or Something Else . What can they do . Fight them. Fight them hard. They have the potential to go after unruly passengers for, i think, up to 25,000. But its rare that the airlines go after people after a fight. They think the trouble is not worth the adversity. I disagree. This is not a game. Youre here from point a to point b, and if you can cannot control yourself or you force the airline to divert a flight, you ought to be paying. Jerks on a plane, seth. What do we do about them . I totally agree with phil there, but not only that, were still making these announcements for fines in smoking in the lav to her which is not that big a deal when lately there are bigger deals. Announce that. Announce the 25,000 potential faa fine. Make people realize there are real consequences, because tyler, quite honestly, particularly when you go back to that united incident in the economy plus section. The guy who started it had a half foot more legroom than others who dont start fights. Some of these people, quite honestly, seem to have issues that have more to do with other things than reclining seats. Im sure they have issues, whatever is going on in their lives that may pollute their experience on a crowded airplane. But seth, is there an argument to be made for having seats that just dont recline . Well, i mentioned spirit just a minute ago. They do that. They euphemisticall call them prereclined seats. Prereclined seats . Thats rich. The irony is, as tight as it is on spirit, and if youve flown them, you know you have less leg room there than any other airline, but nobody is fighting over reclining seats. To take away the rights to recline because of a few people, as i said, perhaps theyre just looking for a fight. Perhaps if the seat didnt recline, they would be complaining about Something Else. Phil, what do you do when somebody reclines their seat deeply into your lap . Anything . No. I sit there and i roll my eyes and i say this guy is a jerk for doing it, but i dont sit there and complain. The fact of the matter is, tyler, the pitch on the seats, theyre about as close as youre going to see them in this industry. I think there might be room for slightly closer, but generally speaking, i think the airlines have wedged as many rows as possible into these planes. When youre flying, tyler, youre in a confined space. Thats the way it goes. Youre there for an hour and a half, if you dont like it, shut your mouth, play with your ipad or whatever. The results of the vote coming up in a few minutes. Phil, thank you very much. A prenup agreement is supposed to help you avoid this. Im the one who found this house, i bought everything in it. With my money its easier to spend than make it, honey buns maybe you didnt make enough for me, sweet cakes that may be a classic movie, but in real life, do prenups really work . Plus up next, a potential dream come true for a nightmare commute. Revamping the fourwheel ride with an electric skateboard controlled by your phone. What is the price rate going to be . Im still stuck on competition being a huge barrier. Will the panel be on board . Stay tuned to vote with the power pitch panelists, live. Are you in or are you out on this weeks startup. Go to cnbc. Com vote right now and get ready to start voting. How do you beat the number one seed . You just have to win 70 of your points at net. And keep unforced errors under 10 . On the ibm cloud, the us open analyzes 41 million data points from 8 years of competition to uncover key insights. Data can help show you how to win, no matter what business youre in. Today theres a new way to work. And its made with ibm. Waves dont care what age you are. Take them on the way you always have. Live healthy and take one a day 50 . Complete multivitamins. With 7 antioxidants to support cell health. Research suggests cell health plays a key role throughout our lives. One a day 50 for men. And for women. Age . Who cares. One a day 50 were changing the way we do business, with startup ny. Weve created tax free zones throughout the state. And startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. Thanks to startup ny, businesses can operate tax free for 10 years. No property tax. No business tax. And no sales tax. Which means more growth for your business, and more jobs. Its not just business as usual. See how new york can help your business grow, at startup. Ny. Gov when the world moves, futures move first. Learn futures from experienced pros with dedicated chats and daily live webinars. And trade with paper money to testdrive the market. All on thinkorswim from td ameritrade. Welcome to power lunch. Check out amazon. Com moving lower. After 20 years on the job, a growing investment frustrations on the companys increased spending. The company traded lower by about. 9 of a percent. How should Airlines Stop inflight quarrels . 80 said divert and land, 30 said ignore the quarrel and start flying. Our panel of experts and you decide if you are in or out. Take a look. Im matt belcher, whether youre just trying to get across campus, short trips in a car have always been frustrating. In a car you have to deal with tral i traveling, parking and fuel costs. On a bike, you still have to find a place to lock it up. The electric skateboard is the lightest form of transportation, weighing in at only 9 pounds. It has enough power to go 25 miles an hour, will take you over 10 miles on a single charge, and everything is inside the deck, making the board completely weatherproof. On top of that, it connects wirelessly to your smartphone, allowing you to control and customize all your rider safety. So far weve sold over 400 electric skateboards. Welcome to power pitch, everybody. You just saw matts pitch, so let me introduce you to the ponl. We have andrew mitchell, the founder of brand foundry ventures. He invests in birchbox, harrys alpine replay. Greg selkoe, ceo of karmaloop. Also joining us is don brown, a World Champion skateboarder. He also has Sole Technology which makes different brands of skateboards. Matt, you are in the hot seat right now. Andrew, would you like to throw out the first question . How are you going to stand outside of your compe