Same time period. And one of the best performing sectors under the president has been technology. Second only to consumer discretionaries. The tech sector up more than 100 over the past four years. And 13 days of trading into 2013, the tech sector continuing its gains of just under 2 and this week is a big week for tech earnings, everyone. Coming up, we will break down the most important things you need to know about the big reports. And are you better off than you were four years ago . Well, at least your 401 k might be. How do you make sure that your portfolio has returns . Like all of this, we have a guy that can help you. The multistrategy income fund is outperforming 99 of its peers. It is up 24 year over year. Angel oak cofounder and chief Investment Officer will be joining me during this hour to tell you why he is going big on real estate. Plus, weve seen the beginnings of a rebound in the housing recovery, but is washingtons best investment the white house . All right, im going to tell you what its value. President obama is officially sworn in for his second term and using the opportunity to call for unity in washington. Peter barnes is standing by at the white house with the latest on the big day in washington. Peter . Peter thats right, but make no mistake about it, the president did outline his agenda for his second term here, both in over terms and with some subtlety. Talking about climate change, immigration reform, gun control. The president coming out and giving a Strong Defense of government saying that, quote, preserving our individual freedoms ultimately requires collective action. Take a listen. The American People can no more meet the demands of todays world by acting alone than the american soldiers could have met the forces of fascism and communism with militias. Or build the roads and networks and Research Labs that will bring new jobs and businesses to our shores. Now, more than ever we must do these things together as one nation and one people. Peter the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, todays victories will only be partial. Cheryl . Cheryl peter barnes of course standing by at the white house, big day in d. C. , cold day as well. Peter thank you. Well, while most of the markets are closed today, money is still moving. Now is your chance to make money on currencies. Joining me now for a fox business exclusive interview is forex. Com senior currency strategist. Welcome. Currency markets are moving today. Currency is a bit of great interest with regards to the european currencies and theres japan. Big meeting today, bank of japan, more concern about deflation in that country, what is your reading right now on the country of japan and the yen in particular . They have been taking some pretty extraordinary measures over the past to months or so past two months or so. Been very very aggressive in terms of easing the japanese yen. He believes thats going to be the major thing to turn around the japanese economy. Cheryl i mean its almost a currency war, if you will. I mean they are getting into a very crowded space, and with the pressure that we have seen in particular on the dollar, over the last two years, i mean, im wondering what that means for us. Absolutely. They are starting to step on the toes of the fed. You know, the fed has been really priming the pump here, printing money, printing money in efforts to keep the dollar as weak as possible in this risk off type scenario market. So now some of these other Central Banks are now starting to fight back a bit, and the bank of japan has probably been the most aggressive in doing so with some of the easing that they have already done. Cheryl do you think they will do more easing . Is that what you think is going to be the headline here . We have pretty much baked into the cake that they will be raising the inflation target to 2 from 1 . They are probably going to extend their asset purchases. Theyre really talking about different measures to dramatically weaken it. Cheryl there are other countries involved. I want to talk about the mexican peso because also there is concerns about the mexican economy, big manufacturing economy which means a lot to u. S. Companies, but at the same time, the peso, if there is more pressure on that currency, what does that mean for us, do you think . So the peso has been pretty interesting because their central bank last week did a little bit of a 180 because they were expecting that they were going to be raising Interest Rates sometime here in 2013. And they kind of just pulled the rug out underneath it saying, you know, theres the potential that we might actually start to, you know, maybe reduce Interest Rates. [talking over each other] it was definitely something that caught participants by surprise, testing some previous 2012 lows there in terms of dollar mexico. It will be interesting to see if that trend continues. But mexico i think is a currency that we still want to be going into going forward. Cheryl one of the things we look on a daily basis during the market hours is what the euro is doing versus the dollar. Always surprised me that the euro never went below like a 1. 22 or so against the dollar. Now you have the pound. I know you dont like the pound. So im curious kind of how youre playing that over in europe right now. Its been very interesting. Just a year ago, everybody thought that the euro was going dramatically lower, sub 120, 115. I think the major aspect to that is what was it in relation to . We were talking about it in relation to the dollar, and the fed kept on printing money. And the ecb in contrast really has not printed money. They are not injecting new funds into this, whereas what i think is going on with sterling, you know, they are going to probably be the brink of triple dip recession come this friday in the Fourth Quarter gdp figures. Their economy is not doing very well. They will probably have to stimulate that economy going forward. And probably talk about further asset purchases out of them over the next couple of months. Cheryl i have plenty of friends in new york that trade currencies. They trade currencies on behalf of the bank. It affects obviously investment, Investment Banking deals, etc. But for the retail investor, do you think theres become more of an interest now in playing and investing in the currency market . Playing the spreads . I mean it is very risky, very volatile, but do you think were seeing a change in that . Were definitely seeing a much greater exposure to that market than we have seen over the years. A lot of it has to do with the correlation that these currencies have with some other markets. The s p 500 just breaking to fresh highs that we havent seen in quite some time, you know, you could look at the Australian Dollar if you want kind of a way of playing that, with ten year Interest Rates maybe starting to creep up higher, dollar yen has been a hot topic with that. Its not only a market that you can come to to invest in just to play the currencies themselves, but also a way to potentially hedge your exposure to alternative Asset Classes that you might be more familiar with it. Cheryl i have heard investors say in order to play the currency market you need to make investments with other currencies. Is the dollar that bad . Do i need to be looking at using the yen or the euro for example to do my investments . At times yes and at times no. You have to be very careful in terms of when youre picking to invest in the alternative vehicles, investing in the foreign markets. The nikkei has been on fire since, you know, this new regime there in japan has come on board. You know, soaring about 20 over the last couple of months. You know, a lot of talk has always been about china or some of these other emerging markets, your brazils, and so forth. You need to be careful due to the exposure. If you dont want to pick or choose, you can be invested in the markets and then do some things with currencies with us. Cheryl we will do segments and hear someone say well the dollar is the worlds currency, that is in jeopardy, the dollar is falling out of favor, how much do you put into that . How much do you worry about that type of thing . Lets consider how much stimulus we have already provided into the markets and lets really consider that the dollar really hasnt declined that much at all relative to most of these major currencies. If they werent doing all this monetary printing that were doing right now, the dollar would be really soaring right now. Wed be talking probably about a euro dollar back towards parity, we would be talking about sterling maybe at 125. Wed be talking about, you kn know it could definitely be something where we could see a much stronger dollar. A lot of people here in the states say that would be a good thing. You have to be careful about the deflationary spiral. Thats the real reason why bernanke is doing this printing is to keep us out of deflation. Cheryl also housing, which we will talk about later in the show. Senior currency strategist, thank you very much. Interesting topic, different for us. Thank you very much. Pleasure being here. Cheryl well, there are a couple of things that are open today, currencies, we were just talking about the currency markets, but what else is open today . How about pawnshops . We head down to one of the only pawnshops where the 1 percenters wouldnt be afraid to buy and sell. What are you doing . Nothing. Are you stealing our Daughters School supplies and taking them to work . No, i was just looking for my stapler and my. This thing. I save money by using fedex ground and buy my own supplies. Thats a great idea. Im going to go. We got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] save on ground shipping i have obligations. Cute tobligations, but obligations. G. I need to rethink the core of my portfolio. What i really need is sleep. Introducing the ishares core, Building Blocks for the heart of your portfolio. Find out why 9 out of 10 large professional investors choose ishares for their etfs. Ishares by blackrock. Call 1800ishares for a prospectus which includes investment objectives, risks, charges and expenses. Read and consider it carefully before investing. Risk includes possible loss of principal. Cheryl we are and if you think that pawnshops are just last resorts for extra cash, think again. How about a pawnshop that sells wine, jewelry, even cars. Jeff flock joins us live from Arlington Heights illinois. Really, jeff . Jeff called ultra pawn. Ultra pawn. Com. They are attempting to just change the whole concept of the pawnshop. Its the brain child of george sorrey who is actually a private equity executive in chicago who said i find my client needs this service but dont want to walk into a pawnshop. Yeah, i think theres a tremendous need by the Luxury Consumer who has gathered assets of value from time to time, from time to time they have liquidity needs and this is a great way for that consumer to turn those assets assets into cash. Jeff take a look at the Pawnbroker Companies take a look at the stocks of the Pawnbroker Companies. You are finding clients that have big pieces of jewelry, that have art, that have wine, they want to translate that into a loan. Look, a lot of Business People when the banks tighten their credit lending standards had assets of value but needed cash and we provided that option, but you have to cater that Luxury Consumer to do it. Jeff for example, a sculpture of Louie Armstrong there, it was brought in by somebody who was trying to make payroll in their business. Thats exactly right. The fellows bank had cut off his credit line, but he had the sculpture, he said i need to make payroll, we gave his some shortterm loans, he was able to continue his business. Jeff its online largely because the wealthy dont like to walk into a pawnshop. I wouldnt want to walk into a pawnshop and i dont expect a luxury customer to do it either. Its all tra its ultra pawn. Com, you can do it from your home. Jeff you have everything from watches, all sorts of things that come in, and the brains behind the operation probably you see in the background there, your dad, who is a long time jewelry man. My father has been in the jewelry business for 45 years so we had some in house expertise that as a finance background, we were able to leverage that expertise and we were able to create this model and its been very positive. Ultra pawn. Com. Cheryl, if you have anything perhaps from a previous relationship that you would like to unload, this might just be the place to do it. You dont have to go down to the pawnshop. Cheryl i actually do have a couple of items, yes, i do. Jeff flock, thank you. Jeff dont we all. Cheryl they even have diamonds in them. All right, investors are getting ready for the markets to resume trading tomorrow. After hitting five year highs last week, one money manager is warning that Corporate Americas performance might not last. He is the Vice President at usaa investments. He joins me now from san antonio for a fox business exclusive. John, it is always good to speak with you. Im courses you, you know im curious, weve had the big marks, especially the s p hitting multiyear highs, but you say theres reason to be concerned. What is it . We have seen the equity market outperform the economy over the last couple of years due to the large monetary and fiscal stimulus, but recently we have seen earnings decelerate and our concern is just whats going to happen to top of line Revenue Growth to companies and then in particular their forward guidance, particularly for those companies who are exposed to Consumer Spending because of the recent 2 payroll tax hike. Cheryl okay. So do you think at this point as we look at the economy versus the markets and in particular the housing sector, which many analysts and many economists point to as being such a good thing, if the Housing Market does not have that true, true rebound in 2013, do you think that that is going to affect Market Performance . Yes, we do. Were looking very closely at the Housing Market and at the manufacturing sector. And the reason is that both of these lead to improved employment and not just any type of employment, construction jobs, manufacturing jobs, in the energy space, tend to be higher paying than other jobs, particularly service jobs. So if we see a continued pick up in the Housing Market, continued strength in manufacturing, this could lead to the Virtuous Cycle that we have all been waiting for from the private sector. Cheryl okay. Now, i know that one of the groups that you do watch, one of the groups that youre actually positive on, and theres not a lot, but it is healthcare, you do like healthcare. Tell me kind of some of the names you appreciate right now in that space and also do you think that with the healthcare law, the exchange really beginning to kick in in the next 12 months that healthcare is going to continue that forward . We think healthcare will continue to being strong relative to the overall market. One area we like, you know, from a defensive standpoint is large cap pharma. Youve seen this big race for record setting inflows into high yield bonds. We think one area that pays dividends that has been overlooked is large cap pharma. And we like names like johnson johnson, merck and in particular pfizer. Cheryl those are the three names. You also like some Drug Distribution companies. One name . Yeah, cardinal health. If you look at what happened over the last several years, we had a big pickup in the generic pipeline, 2013, theres a big dropoff, but coming in 2014, 2015, is another big generic wave, particularly for the socalled limited source drugs, which are limited to a couple distributors, and that should be good for Companies Like cardinal health. Cheryl all right. Well certainly again earnings season is picking up. Im curious in this healthcare space particularly if were going to get upside surprises when it comes to earnings and dividends. We think you will see upside surprises particularly in healthcare after the recent jpmorgan healthcare conference, we saw a lot of strength in healthcare names. We think thats going to continue throughout earnings season. We think there are Companies Across the equity space that will outperform, but in general, we really like healthcare. Cheryl do you think theres going to be more mergers, or do you think we will see more companies try and ipo this year . We think its true across not Just Healthcare but across all sectors, Corporate America has cash, and if theyre not going to get the organic Revenue Growth, we expect to see a big pickup in m a, particularly as the concern over the debt ceiling and the fiscal cliff winds down. Cheryl im sure theres a lot of investment banks right now in new york that are celebrating what you just said. We shall see. John, we will have more of your pick merck on thursday. Mercks chairman and ceo will be sitting down with liz claman in davos switzerland, that interview is coming up later on this week. Technology stocks took off last year. Theyve started off 2013 pretty strong, except for one name, apple. Shares of apple this year have already fallen 6 in the first 13 trading days of the year. Will the Earnings Report on wednesday be a turn around or will it send the stock going lower . Plus will the rest of the sector follow its lead . We will have more on that coming up next. Cheryl business continues. Investors gearing up for a big earnings week this week. Tech giants apple and google both set to report. But lets take a look at some other ma