Detroit Auto Show Preview with Jessica Caldwell from Edmunds
Related Audio:
-
Tami Luhby, CNN MoneyTami Luhby, CNN Money
out there. All my family is out and Antarctica there in -- hockey players all these Bruins players that you love -- -- where you think they're from either from you figure from Massachusetts. What -- -- the American players on the crossed amber is here now so why. Why did you leave. My dad a transfer okay Kampman you'd still be their -- guys that are not facts you'd go back tomorrow -- if you. The problem is I'm not a good enough occupier he it to be. Saskatchewan. Produces more hockey players per capita than any other place in the world to -- a -- paid attention the past couple weeks. But supposedly the number one hockey player in the world it turns out. He's not that Iraqi player you know he is that it is just that the other Canadian playing against -- is a better player. -- birdie is a better player than Sidney Crosby . When he doing and you look at the game of hockey -- get ready looks at the offensive side of hockey chemicals that yet now it's a two -- game you gotta be of the play defense Sidney Crosby can't play defense he sucks and the defense he's he's he's a wimp. And he doesn't play. That's an uncle Chris Chelios . Give me a belt made him but he running each. Is. Like rich rich this is embarrassing to to stop that knowing that Jack and Roenick now. Wage on the island -- got your -- -- these. Players I sound yet I've actually her -- The hall of famers I mean it the best like Bobby or he's from Canada and -- now he's from Saskatchewan. Wayne Gretzky he's from -- In isolating it like that's your national sport that you didn't see any baseball players made it in the -
Casey Ross, Boston Globe, on PriceWaterHouseCooper's
Casey Ross, Boston Globe, on PriceWaterHouseCooper's
right now are taking a look at the waterfront -- the new real estate option. Then moving to a different officers bank put you know they want to establish -- -- exciting new abandoned building and so. The seaports and interest and opportunity that drawing a lot of companies trying to. Why I think I like the financial district to that what's the big attraction of the seaport area you name it may be a mess it's. Poll. It's cheap and it's that's the main thing is that you know right up there looking around at look at okay -- and I moved to and another office building downtown and I stay put. You know that the currently rate or should I mean he moved to the seaport there's a -
Shawn Kravetz, Esplanade Capital
Shawn Kravetz, Esplanade Capital
been and then. We'd like to buy the whole company and then negotiated transaction . Do you own any shares in the company now. We do we heard the second largest outside shareholder. The family owns roughly 90%. Of this company. DE Shaw. Very very large hedge fund in New York City is the largest outside shareholder and we are number two. Why panel why they're why they hesitating to solitude they must feel that the shares are worth Maurizio I think I can conclude. Well. I don't wanna speak for them but I suspect you're right on the money. They had no idea that and they know there's a lot of value there. And I guess they're confident that someday they will get that we would like to help shareholders get that values sooner rather than later. Because. We thought the assets -- well. You made the statement that you feel the -
What's Up On Wall Street - Andy Cinko, Bloomberg News
What's Up On Wall Street - Andy Cinko, Bloomberg News
we asked a question of the day which had to do with Social Security And collect your Social Security for retirement age or are you going to collect literally. 73%. Of Americans collect their Social Security early in the vast majority of cases I think that's a mistake but people do it for any reasons. When I came up with June and I think is a good idea for us to talk about is you know we're sitting here and and and acting all high and mighty. As it relates to this discussion about Social Security in the back the matter is we have access to tremendous resources on this topic whether the courts are now ski. Who worked for the departments of security for 37 years or whether it's Chris Farrell was a reporter for Bloomberg we have access to a lot of data. What I would like to do is make this information on Social Security Tips to maximizing -- worst Social Security benefits I'd like to make it available to our listening. I think it's they I think it's important. You know people refer to it I think some 97 -- as areas of securities of Ponzi scheme this. I disagree with you respectfully -- disagree with you but you know -- more importantly. Please educate yourself on Social Security Call this phone number it's 508591. 5444. Asked for the guide about Social Security tell the I would pay -- wanna learn more about Social Security Barry seems to know a lot you know why I read a -- I studied this stuff every day it's what I do for a living. 5085915444. Is the number you should call. Call them. Tell -- you're listening to the financial exchange and you want to learn more about how he can maximize your benefits. Out of Social Security I think you'll be glad you made the call I know I was glad when I read the report on Social Security Maybe a more informed consumer. 5085915444. Up next Sean Kravitz he's the president of a hedge fund. That has been trying for
Automatically Generated Transcript (may not be 100% accurate)
We are now joined by Jessica Caldwell a senior analyst with Edmunds and Jessica how are you this morning. -- So digging into this Detroit auto show -- and I were talking a little bit earlier you know about about cars that interest us there and obviously a lot of the boys in the office this morning. Is from the new Corvette but what models are getting the most attention. From industry experts at this point as the show gets underway. Well you can't ignore on the court that I mean it's such an American icon by pat made big news. But I mean I'm you know every you know expect the market and point I think. I am not excited about -- eight Toyota Corolla compact and not much exciting vehicle but many people hot -- drive that's in part. -- all -- have a power and he can't separate it out. Act -- -- you're lets you know article and note of the art eight perhaps the most well I think that kind of oh. Absolutely and and obviously these shows also are a huge. Huge demonstration of new technologies so what types of new technologies. Are we seeing at this showed that are getting a lot of buzz is it related to fuel economy. Interiors what what's getting the most buzz in terms of individual features that we haven't seen before. Yeah -- mean. There going -- match and and -- is into the matter acting at cart and our own. And lately I mean a lot of eager I -- like groundbreaking yet occurred a lot of weight reduction in vehicle -- user alternative art ever -- And out and that -- Eric that are ilk on all of which helped. Now we've also been hearing a lot of buzz in the last couple really the last six months or so about some of these driver was cars that are in development and re seeing any of those at this show or is that something. That still kind of in the background. Still a bit in the background you know I -- in the entire planet are. Well we're talking about where the -- that I mean are coming back parking that the cart parallel park -- You don't -- injuries in your lane making sure your -- and pop back up their. While they're economist -- You know I think -- your map get people comfortable that I can't because we don't like control of where -- know what we're doing and where -- Talking with -- Caldwell a senior analyst from Edmonds and Jessica. Are there any concept cars that you know are pretty far up probably aren't going to be making it to the show -- but they're still getting a lot of attention from from attendees at this show right now. Current car note I don't. You know I united you know -- you past year you know really been out there. So you know before it -- -- the only sixteen and knowing you cars per -- -- a lot of concepts but back. A lot of activity at outback and -- on a regular production at not only in concept of the men now in new mall. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And so if you -- there really. And nail this down to one company that this show is most important for what company would you say as the most either gain or lose with this year's Detroit auto show. Well I'd have to be you know I mean there and he came out nation under chat. We now but that's a big part of that. The court that I'll ever -- that are gonna come out Cadillac alarm which it. Eric black person on the ball and Huckabee -- North American -- you're Smart Aleck. Now RD you know they definitely have you know a lot going on here a lot on -- and the arts sport. You know art sport in the anchored out the fictional and I am an epic. Absolutely and and firfer listeners who are as familiar with this process how long does it typically take for a cart to get. From a show like this to production to eventually getting to a -- somewhere. Not really -- -- -- but it. The production anywhere from you know it'll be on -- a few weeks or you know and it -- you know on that -- it look like we're gonna opt in opt out today. I'll market -- you know quite a long time generally the pot that's current decline. And you know our driveway is -- -- -- I hear that. It's a long time. All right well. Just I appreciate you coming on what does this morning certainly a lot of news coming out of Detroit this week and -- -- -- definitely checking related to see what is going on if anything makes big news there. All right that was just a Caldwell a senior analyst from Edmonds and June. Again talking about this car so I don't know about you but. Cars of all they've always been something that the that if fascinated me in terms of you see all the unbelievable technology now that goes into the home. And there -- some really. Cool designs there is an if you missed the nine newscast with the Cadillac AT asks and the ram 15100 -- tip top honors. Acts you know at that show as it kicked off. Today so I love the Cadillac ETS the cadillacs and gorgeous they really yeah. Other and they're really nice looking cars at GM's -- great job on the design side of things making their cars finally have that distinctive look that they title lack. In the late 1990s early 2000 they looked a little cookie cutter at that point. And they finally have figured out the right way to Brandon and really develop them so that they really have a unique look to them that's pretty strong. -- do I know it it you know you see these cars on TV and in a newspaper every year at this auto show and it makes you wanna -- -- get a brand new. -- it's it's the worst there'll shiny they have all the lights on them what they do the right -- damage your -- because if you think about it between now and what march 1 that's the beat goes out. And buy new cars and also what -- you gonna be doing right now they're not outside playing golf for anything -- incited its time a year when you do complete a purchase like this not buying a home right now not to be running around open houses in the middle of winter yourself. It's it's -- very well and I think there's a lot of boys about some of these cars next year everyone that I've. That I've talked to. Is absolutely in love with this new Corvette. The Prius with the -- that used as a very. Very Vera Prius expert he has asked him. Guys unknown but he has we talk about his. He -- for the. A -- so I think that's what the one that's nominal odds right now well that was nice that they can both drive and fuel efficient manner. Wonderful I think he forced her it's have you ever seen very drive on the highway -- I've heard it's it's just 55 miles now powerful 55 miles an hour in order to maximize fuel economy and then for whatever reason. It accelerates as he gets off the highway so you're going through. You're coming on the overpass and you're you're holding on for dear life at that point just like you know man. As what you're saying. I don't why don't -- that's -- Those weren't my words are. Feel free to live describing how west -- However you see it coming up we are going to be talking with Katherine -- for Morningstar about some of her fund export 2013 that's coming up right here. On the financial exchange.
