we'll do final trades. farmer jim, what have you knot? >> delta, prices are thin, it should be a good report. >> uber, good opportunity for the stock down. >> jenny? >> sticking with cars, aptiv, 20% earnings. >> all right. we are green across the board. we'll see you a couple of hours on "closing bell," the exchange is now. scott, thank you very much and welcome to "the exchange." i'm deidre bosa in for kelly evans and here's what's ahead and the market has been resilient with more hawkish fed talk. that could come down to one chart says the market guest and she's here to tell us what she's watching and plus secretary yellen is in china. we sat down with her in an exclusive interview and why our guest says investors should prepare for rising tensions. and the three buckets of ai and

one value pick for each. that is all ahead, but we will begin with today's markets, dom chu with the numbers. hi, dom. >> so dee, they're green and they're modest moves and to kind of put things in context. we're just about 0.2% for the major indices and the s&p 500 at 5211 up seven points and we are up roughly 15 points and we were down seven points at the low and that would give you the trading range so far today and the dow industrials, 38,943 and up 0.1, and the nasdaq composite up 16,277, up 28 points and 0.2% gain there. markets at this hour, green, modestly so and one place we're keeping a close eye on is the semiconductor space and it's not just the chips act funding grant for taiwan semi and theslate of commentary between cantor fitzgerald raising names

outright and nvidia up 0.75, qualcomm, micron all catching a bid here thanks to some in part, tailwinds from analysts and calls for more on that story just head over to cnbc.com/pro, subscribers there can get the full story and analysis on some of those big calls and watch the etfs there as well. one stock and the only member of the trillion dollar market cap plus club that has not hit a record high any time in the last six months has been amazon.com and amazon shares are $185.63. the reason why i'm showing you this is because at one point today we did hit a 52-week high, but we are now just a couple dollars away from hitting a record high for amazon so that catch-up that's been in play since 2023 up to here is now trying to come to a final record high and we'll keep an eye on that, deirdre. i'll send things back to you. >> thank you very much. we've been tracking a shift in the federal reserve.

when it comes to the path of rate cuts that dynamic will have implications for investors ahead of the central bank's next meeting. senior economics reporter steve liesman is here. it's nuanced, but it is there. >> exactly, nuanced, but it is definitely there. the fed has been unanimous when it comes to policy coming to zero in the face of the pandemic and hiking to battle inflation and everyone agreed. some divisions are showing when it comes to the issue of cutting interest rates with some of the new hawkish expressing more skepticism about reducing rates and the inflation outlook and we call it. where is it? the new hawkish wing develops. these folks -- neel kashkari last week talking about the issue and if inflation stalls, maybe no cuts at all. kashkari said it out loud. chris waller said it already, he thinks it's prudent to hold higher than previously thought at the current rate and lori

logan, and the fed governor bowman gives a whole speech about all of the inflation risks that are out there and of course, we have bostick is on our air and where's the chair and that's what matters the most for this whole discussion and i say it puts itself in the center by saying the reese not inflation readings have not materielly changed its outlook and it would still be appropriate to lower rates at some time this year. notice he's not telling us how many. then in san francisco, from cleveland, and they're still onboard with their baseline being three cuts at least and all of this hawkish speak, though, resonating with markets where the probability of a june rate cut is hovering at the 50% rate line. you can see that's down from 59% before the strong jobs report and july is now down to 69% and that's in play, too. j.p. morgan, the economists

shifting their call from july from june, and after the strong jobs report and the divisions at the fed, they're not enormous and it seems most would cut if the data support it and most would cut the data and clearly show inflation accelerating and the hawks and doves revealing themselves about the level of concerns of their risks and outlooks and they raise questions about the number and their timing of rate cuts this year. >> a ton of fed speak to sort through what you have been doing and let's stick around, steve and she says while the market has been fairly resilient alongside more hawkish rhetoric so far. the level of the ten-year could become a deciding factor and where the market goes from here at least in the near-term. for more, let's bring in liz ann sonders. it sounded to me like it should be more of a plot twist than it actually is playing out in the markets as you have said, as well, and been very resilient. >> it has, but at the index level. there's been a lot of churn under the surface and rotation and leadership shifts, and i think that reflects some of this

uncertainty as it relates to fed policy. obviously, the economy has been resilient in the face of the market expectations going from six or seven cuts starting in march in the beginning of the year until now maybe even less than three cuts and not starting until mid-year, but because of economic resilience, you saw that leadership ship toward the traditional cyclicals and energy and materials to some degree, industrials, financials and i think that's where you get a better sense of what the market is doing and what it says about the macro environment and uncertainty there, but you know, we're still playing these gymnastics around when will they start, how many cuts and it's just a silly exercise at this point because it's going to be a function of the data and every week brings another set of data points that can move that needle. >> liz ann you called the fomc, i thought you were joking and the federal open mouth commit

because we've had so many comments over the last week. is it too much? >> well, it's -- it adds to the uncertainty, you know? we're not in the greenspan era where his voice was the only one that had the microphone, that had the megaphone, and it is the way it is at this point and there are times where they're very aligned and you don't get a lot of volatility associated with fed speakers and this doesn't happen to be one of those moments and it wouldn't surprise me if at the point we get some sort of action on the part of the fed that you might not have everybody on the same page. let's assume the next move is the cut. we wouldn't surprise me if there was a dissent or two at that point. >> steve, this all raises the stakes for cpi and ppi upon. >> i take more comfort that there's more disagreement. it kind of bugs me when everyone is on the same page and it makes me think that the committee is

all victim of the group think and i think liz ann would agree there are differences on the outlook on the market and those should be reflected, i think, on the fed. first of all, you asked the question, is it too much fed speak? when we get to a point where the market is misrepresenting the meeting and there's too much cacophony, but we're not there yet. the market shows incredible intelligence and incredible ability to discern, and i think we'll be talking for a long time yet market after one of the fed meetings started pricing in rate cuts. i didn't hear that and i think that was wrong on the part of the market and the own unus goe the fed and somehow the fed got their communication. >> we are also looking at the data. which one is having conflicting signals. >> it's just together -- it's the data and their interpretation that you have to do. that's why we presented the

nuance analysis there which is that data in, into what? into the brains and the minds and the outlooks of the fed folks and then out with policy. >> right. so when it comes to that data, liz ann, we are looking to cpi and ppi this week. if you were in the camp that you would like to see a rate cut sooner rather than later. what would you like to see? is sticky okay so long as inflation is not reaccelerating? >> no, i don't think sticky is great. i agree with steve. the market was way over its skis and it actually wasn't because the fed wasn't providing the right information. i think they were and they were pushing back on the notion of a pivot as soon as march with six or seven rate cuts and that just doesn't make sense, and what i find interesting is the parlor game of will it be june or will it be july or how many is often not expressed with because -- and then fill in the blank because we'll see a rolling over again in cpi or ppi or pce or

core services, ex housing. the fed did express that the recent uptick especially with the three-month annualized change had components to it and this is the test point because we're past the point where you can blame seasonals. if you don't see a rolling over in inflation, i think that is very supportive of the fed staying in pause mode and i wouldn't be surprised if you heard that rhetoric. >> she put her finger on the issue of what separates the hawks and the doves here which is those who saw these january, february numbers less than a bump and more of a trend, that's what makes them more hawkish right now whereas some were saying, you know what? you have the january seasonal effect that continues into february and we are still confident, which by the way,

their baseline forecast is their confidence that inflation comes down and then we had tom lee on this morning and he said i am confident in the outlook for rate cuts because of my personal or my company's inflation. if that's where you're at then go ahead and trade it. >> let's take the other side of that. he's optimistic and jamie dimon as someone else who talked about the economy recently. he tends to have a more pessimistic view and he kind of reiterated that again in the j.p. morgan annual shareholders letter. what is he seeing that perhaps fed members are not on the economy and the possibility of a soft landing? liz ann? >> well, so, i think that there are tiny little cracks in the labor market data. friday's report was pretty much positive across the board, but you can quibble with other indicators within the labor market outside of the jobs report like the increase in layoff announcements and the increase in multiple job

holders. so i think the concern may be that those tiny little cracks start to widen out and that some of the leading indicators like layoff announcements work this time as a tale of what is yet to come down the pike. i haven't read the jamie dimon note and i don't know what he was focusing on and anyone who had a weaker economic outlook it's usually because they believe there will be a faltering in the labor market. >> can you give us the charles schwab view and/or your view. are you confident inflation is coming down? >> generally, but not in a straight line, and i think it may be a stretch to get it to the actual 2% target any time soon. >> liz ann, steve, thank you very much for being with us. >> thank you very much for letting me get in there. >> of course. any time. >> take a look. we'll make this actionable. take a look at the cnbc magnificent 7 index. you know who those names are. up more than 70% in one year. ai one of the main catalysts

here and my next guest is focusing on names beyond big tech for the next leg of ai growth and he's arranged them into three separate categories and ai enablers, supporters and users and he brings a top value pick and it's aaron dunn and morgan stanley investment management. thanks for being with us. >> what is a value pick? how do you determine that? is it a more reasonable valuation in the ai space and just go to the moon over the last year? >> our team really focuses on intrinsic value. so we look at what's really an undervalued stock and undervalued marketplace and that's how we define value and i think you're looking at some of the growth rates and they're pretty eye-popping stocks. we focus on our clients is finding opportunity in the market that has been overlooked in our opinion, and as you said, was there a couple of buckets and i put some ideas in here and

we can talk about it. >> please do because a lot of the focus at least in the early stage has been on jets and the semiconductor. where else are you looking? >> we'll start there. micron is one that we've held for quite a while and the reason we initially entered micron was because you have a consolidated memory chip business. it's an old commodity business as most tech people would suggest, but when you have a consolidated industry you have better pricing power and what's occurreded with that, you had a downstock and the one reason we really liked it was the balance sheet was exceptional and they entered the downturn with with the net cash on the balance sheet and what happened with micron is with nvidia, with nvidia's gpu development they've also developed the high bandwidth memory and this gives -- it sits right along with the gpu and they've got a really good position with nvidia

as a partner with that and that allows 30% energy efficiency savings and nvidia talked about that, as well when they had the most recent developer conference and so in our view, there's a lot here to like about micron and if you go back to the kind of 2021, '20 period we had a pinch and we feel like we're back at that point also. so there's a couple of things going on with micron that you think you get a really nice valuation and a lot of upside. >> let me ask you about another name, snowflake. it feels kind of controversial for ai enthusiasts. >> it was seen as this earlier play and a lot of data analytics, but others have pointed out slower growth and been slower to embrace ai in terms of m and a activity and it's sort of abrupt ceo transition. where are you on this name?

it's something we hold and i won't speak to that as an investor. i think there are a lot of places here within the spacey we operate where there's a lot of opportunity and we do look for management changes with snowflake and that's a key way to create value for clients, but i think just focusing on the value chain with ai gives us plenty of opportunity. >> tell us about the ai supporterses and you say they're the least understood areas today and some of the best opportunities. >> there's been a lot of discussion about it and when i say supporters, i think utilities and they were the worst relative performers and it's relative to the market, but it's actually very interesting and the compound annual growth rate of electricity demand for many decades prior to the 2000 period was 4% plus and then we earned the period of flat demand and what we're seeing with ai today is a re-emergence of

growth within the utility sector and how do these hyperscalers develop or get the electricity they need to develop these data centers and that's going to be through the utility sector and we saw a nuclear deal that amazon did to secure some nuclear power and that's considered green or more considered green energy. we look at nextera, clear leader in renewable development and we got a lot of competitive advantages for help municipal utilities across the country and their own pipeline, frankly, to develop renewables to supply to data centers. we think that's extremely interesting. >> thank you so much for your picks. certainly the shift is going to require a lot of compute power. thanks for being with us. aaron dunn. >> still ahead, we are sticking with ai from value investing to venture capital. the ceo of one medical joins us with how he's finding the next

hedge fund, and janet yellen is keeping everything on the table. our sarah eisen sat down with her today and joins us next with what the visit means for u.s.-china relations. "the exchange" returns right after this. >> this is "the exchange" on cnbc.

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exchange," treasury secretary janet yellen is wrapping up her second trip to china in her position meeting officials and she sat down with our sarah eisen for an exclusive interview. sarah is in beijing. it's late night there and i know you've been on air all day. >> we've been on air all day. it's 1:20 in the morning, but this is a big story, and janet yellen, treasury secretary just wrapped up a very busy few days. first in guangzhou in the south which is the advanced manufacturing hub and then here in beijing. we followed her from the great hall of the people where she met with the number two leader premier li to local lunch with the beijing mayor to meet with students at peking university. overall, she was very well received and she said this afternoon in a news conference that the ambassador's residence that chinese-u.s. relations are on a firmer footing, a better place than they were a year ago.

however, she did deliver two tough messages, confrontational messages in particular as they relate to china and the economy. she did spend a great deal of time complaining about overcapacity and china flooding the world with cheap evs and solar panels and she also threatened real consequences if chinese companies help russia help fuel its war machine against ukraine. so i asked her whether sanctions on china's companies were coming. listen. >> it's not only chinese companies. we feel that any particularly financial institution that facilitated trade in dual use goods or strictly military goods in violation of our sanctions and aiding russia's military we would consider sanctioning. the president issued a recent executive order that would

enable treasury to impose sanctions on financial institutions that are found to be doing this in the systematic way and we've not used this tool yet, but it is one that would be available and what i try to make clear is that we stand ready to act if we see significant violations by -- especially by financial institutions. >> and that warning came on the day that russian foreign minister sergey lavrov arrived in beijing for two-day talks with the chinese about strengthening their relationship. look, the message was received okay in part because of yellen's cordial nature. also, she isa well-respected economist. we saw that in a number meetings here. they wanted to know what she thought about the overall economy and also the u.s. is coming from a place of strength right now. the dynamic has shifted a bit

where china's economy has been weak and disappointing. i got a chance to ask secretary yellen about the recent jobs report that showed 300,000 jobs added in the month of march and she said it's evidence that the u.s. is firing on all cylinders right now and she still thinks despite some hotter reads lately that inflation will keep returning down -- keep trends lower down to the 2% level. listen to what she said about that. >> i think it will continue to come down over time. that's my expectation and you know, i'm hopeful that we can certainly get into the twos. returning to the twos. she's been pretty consistent and defying the economy saying we'll get a soft landing and she said it's been even stronger than she expected which also gives her

leverage in these discussions with beijing. i also wanted to mention, deidre, that she took a lot of time for cultural visits and sites that are of importance to china. she took a private tour, for instance of a forbidden city at twilight. she spent 11 hours of talks with the vice premier including a one-hour boat cruise in which i am told they exchanged gifts and he gave her a portrait of himself and she wentto a brewery and that's how she wrapped up the trip. it was a chinese brewery and she did have a beer with american, imported hops which the u.s. exports to china. >> you know the food diplomacy is so important, too. especially the chinese. people were watching were so fascinated as to where she's going and what she's doing and i know on social media it's alight

with everything following her every move. i know you've been out and i know you were talking about evs as well. i remember living there, you couldn't access twitter gmail, instagram and that's still the case. does it put it into perspective how popular tiktok is hearing when major apps and major tech companies are still banned over there? >> yeah. it's been really interesting to see the shift. certainly social media is big and we've been monitoring the webo app and some of the anti-american sentiment they have their own version of tiktok here that you know that's not called tiktok. as you mention social media that did factor into the discussions and the chinese did ask about

that in the sddiscussions. they were concerned about it and they didn't go into whether they would allow a sale of assets to american investors and companies, but did reiterate that president biden said that he would sign the lgsz if it does pass the senate. so, clearly, the chinese are watching that and on social media the reaction to that is that folks say this is just another example of the u.s. politicizing economic issues and using national security to try to squash successful chinese companies and people look at tiktok as an example of that, but deirdre, no question it's been an adjustment. as far as using electronics here and not being able to access certain things and the cameras on every corner where you turn, the surveillance cameras was sort of a shock as well. >> very different approach to privacy, and so their ai is developing a lot differently and that's part of what tiktok is about. sara, fantastic reporting on the ground there. thank you for bringing us all of

that. >> thank you. our next guest says the market may be assured, and for more let's bring in darren scissors at the american enterprise institute. darren, you're skeptical of this trip and you say the u.s. does need to maintain communication, but i'm reading from your notes here, the u.s. doesn't need two trips in nine months by the treasury secretary. why do you take that view? >> i mean, what has happened in the last nine months that the u.s. and china need to have face to face talks with the same person over? nothing is the quick answer to that question. secretary yellen says we need to talk about overcapacity and overcapacity is a 20-year issue in china and there's nothing the u.s. will say to them that they don't already know. >> adding to that, the overcapacity is an issue for the secretary of commerce and the united states trade representative and all trade remedies are on the table and she's not in charge of trade remedies. that is not the real reason for her visit.

>> so who should be there then or anyone at all? >> secretary -- oh, i mean, if we really are -- are concerned about a flood of chinese goods in certain sectors and we feel obliged to take actions that we would prefer to avoid a flood ofof goods, the secretary is in charge of that issue and they're not there because of the reason you mentioned in your report. secretary yellen is very popular in china, but her popularity in china is not a good reason for a visit. >> so then what would success look like, derek? is this sort of to keep the peace or do you think there's actual concessions to be won from china? >> oh, there are definitely no concessions to be won and treasury was saying that beforehand. the chinese system lends itself to overcapacity and they announced strategic sectors to get government support and you never hit market demand and you're always going to overshoot

you have cabinet officials saying this is a problem and the way you find success is to say we don't want to take corrective measures, but if you continue with overproduction in evs or what have you, we will put new tariffs and quotas on. it's not to set up a dialogue to talk about it. this issue has been beaten into the ground and we don't need to talk anymore. >> how do you know that's not happening behind the scenes and the broader point is stabilization. you can't afford to have a more aggressive china and a more aggressive xi jinping. do you have to maintain the status quo? what is the actual threat, you think, that china does become more aggressive and moves on the region like taiwan? >> yeah. if you're going to make an argument that you have to be nice to xi jinping all of the time otherwise his behavior will be worse and that could be true and that's a friend of china to try to placate him and it won't last and this would be my

warning to the market. your report stated this very well. secretary yellen is very respected in china. she's also going to turn 78 this year and if president biden turns 78 she will not be the secretary of the treasury. we will lose the people of her age that will lose u.s.-china cooperation and we'll get younger people who see xi jinping as aggressive so perhaps this is the right thing to do for the next six months and it will not work in 2025 because we will not have another secretary yellen to make these visits and try to calm everyone down. >> is that what you mean, you don't see anyone else coming up in the pipeline who could be as popular? >> yes. you have a situation where secretary yellen has had a long and respected career and she's very friendly to china. that is a rare thing now. younger people tend to remember more of xi jinping and less of the days of -- of stronger u.s.-china cooperation. so even if president biden wins

she's not going to be treasury secretary in 2025 and certainly if president trump wins she isn't. so we're going to get someone who is rr different from secretary yellen and not able to make these kinds of trips to keep their relationship under control. >> derek, thanks for your insights. derek scissors. southwest back in the spotlight after it lost an engine cover during take i've and what might be to blame. we're back right after this. ♪ ♪

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♪ ♪ ♪ welcome back to "the exchange," everybody. i'm tyler matheson with your news update. israeli president benjamin netanyahu announced there is a date for an operation, a move militarily into rafah. netanyahu said that an operation into rafah was necessary to defeat hamas, but did not provide any additional details. the announcement comes as negotiators spent the weekend in cairo working on a possible hostage deal and ceasefire with hamas. with a week left before his

hush money trial begins, donald trump's attorneys filed a last-minute appeal to change the trial's venue and to stay the gag order. a source tells nbc news, trump's team filed a special article 78 motion to work around a new york state law that says an appeal cannot be filed until after a trial. and beyonce tops the billboard charts and her album cowboy carter a topped the country album chart making her the first black woman ever to top the list. deirdre, back to you. >> nothing she can't do. thank you, tyler. see you soon. still ahead, from start-up to ipo and then a $4 billion sale to amazon, our next guest has seen it all and now he's investing in the next generation of healthcare. we will get his strategy and where he sees the most opportunity for disruption. that is next.

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♪ ♪ after underperforming last year, health care stocks are off to a better start with the s&p healthcare index up nearly 5% so far in 2024. my next guest says after a two-year slump the health care funding market is finally picking up as ai gets leveraged in the sector. he runs a venture capital firm to focus on innovation with tech and ai at the forefront. joining me now is amir dan rubin

founder and ceo and also the former ceo of one medical. amir, thanks for being with us today. i usually sit in san francisco and a lot of the vcs and founders i talk to believe that healthcare is one of the most exciting spaces for ai disruption. where are we seeing that disruption now at the earlier stages? and what's the opportunity? >> great to be with you. i think we're going to see it all over health carings both on the demand side and how consumers and employers interact with health care and on the supply side. how we deliver health care more efficiently. healthcare is a fifth of the economy, close to a fifth of the economy in the u.s. about 11% of gdp globally. so it's a massive opportunity and really consumers are struggling getting access to care and on the supply side we're having a struggle finding labor and clinicians to get easy access. so automatic eighating health c

will be really important as we head into the next decade. >> traditionally, health care has been a really tough industry to disrupt we've seen the tech giants try and do so from amazon to apple to google with verily. is that changing? how is that going to change in the age of ai? >> i think it is changing because we learned something in the last few years with the first batch of, if you youwill, with digital disruptors. we have to understand that we have commercial insurance and governmental programs and m medicare and medicaid and privacy concerns. as we apply technology we need to overlay this technology on top of this infrastructure and we're seeing a batch of companies do that now and just as an example i'm involved with a company ezra that uses ai to accelerate mri scans and it reduces scanners and it reduces fda clearance and octave which

connects people with therapists who take insurance and recently at cigna's investor day they announced a big relationship with octave or amai is for serious mental illness and it connects patients with serious mental illness with insurance in a clinical model. we are also looking at a very interesting company that automaticate on the supply side that can help clinical researchers look for grants, normalize their data and use large language models to a bppl for those grants and these are all companies disrupting from within the ecosystem. >> when we look really broad how ai and the applications so far has been chatbot is going to affect people, affect humanity. there's this question of is it going to make people more or less lonely? we could have seen these unintended e specffects on soci

media. >> if you try to interact with the health care system can you get someone to answer the phone? can you get a response if you have a question? i think these front-end aspects of interacting with health care, checking my insurance and checking for availability. i think those are things we can automate. the care, the compassion and behavior change will leverage technology, but this is where we hope to make humans more productive and give them more time and space to interact with people. so i think in itself it shouldn't be a detriment, but we have to manage it. >> for sure. >> i do want to ask you because you sold your company to amazon and it was one of amazon's biggest acquisitions, one medical and amazon has a mixed record in health care and i wonder what do you think it ultimately wants to do here. does it want to get into the employer health care market because so far the success has been mostly on the consumer side. >> well, i think amazon looks to

problem statements where there is a significant gap between what people want and what's out in the marketplace and if you look at the combination with one medical and amazon. one medical had a membership subscription program that combined digital health and in-person care and amazon had a membership subscription program and so that was a very nice combination and i think the other interesting thing about amazon is amazon can combine great technology, if tu will, the aws side of the house with logistics and so on some level it also has a long-term perspective. so it's willing to work through things in the long term and i think amazon has the kind of capabilities and the long-term perspective and the consumer focus and the ability to combine logistics and technology. >> the amazon flywheel, we can put it like that, too. thank you so much. amir dan rubin, thank you for being with us. >> my pleasure. coming up, boeing is back in the headlines after an engine

isver fell off a southwest plane th weekend. we will have the latest. that's next.

another troubling headline for boeing this weekend after a southwest plane lost its engine cover on takeoff. phil lebeau is here with the very latest. phil, what happened? >> deirdre, this is video that i think anybody who saw it, if you were on this flight you were going, oh, what is going on here? this was shortly after takeoff at denver international airport, part of the employ incovering, what's known as the cowling, was ripped off. it did not impact the engine which did continue to function and they did come back to the airport and made an nrjs landing and no injuries were reported. part of the engine that blew off here is the covering, the cowling. that's there in case there's ever an engine failure and it can keep the parts from flying into the fuselage. southwest maintenance is investigating and while this is a boeing 787-800, keep in mind

this was delivered in 2015 and i know the headlines and more headaches for boeing this is a maintenance issue. while boeing and ge aerospace which makes the engine, they're assisting southwest with their investigation. as you take a look at shares of southwest this is not considered a boeing manufacturing issue. so keep in mind as you take a look at southwest, the executive pay is part of what will be determining the pay bob jordan and other executives next year, how are things happening and what is the status of safety as well as quality controls there. also with regard to bow, we get the q1 and orders and deliveries tomorrow and do not expect strong numbers given that they've dramatically slowed down production. >> phil lebeau, watching that closely. >> the countdown to thine solar eclipse and the path of totality, you are getting a live

pick of the eclipse from mexico, and we will go live to burlington, vermont with a check on the scene there and the expected impact of this event and world renowned theoretical physist iaicbrn green is here, as well. we are back in two minutes. the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future. a future where you grew a dream into a reality. it's waiting for you. mere minutes away.

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total solar eclipse visible in the u.s. since 2017. nasa estimates 31.6 million people live within the 100 mile path of totality and an additional 150 million people live within 200 miles. in north america the path of totality starts in mexico and will travel through texas, oklahoma, arkansas, missouri, illinois, kentucky, indiana, ohio, pennsylvania, and new york and once it hits new england, it enters vermont and maine before crossing into canada and joining me now to discuss the significance of today is renowned theoretical physicist and author, ryan greene, director of the columbia center for theoretical physics. thank you for being with us, professor green. explain to us what we are about to see.

>> it's one of the amazing cosmic phenomenon we can observe with the naked eye. you will see the moon move in front of the sun, blocking out the sun and in that way, giving us darkness during the day if you are in the path of totality you are going to be able to see planets during the day. you could potentially see a comment if you look out there but more importantly you will have this sense of connection to the powerful forces that are governing how things evolve in the universe. >> we do have jack there also and you are on the ground in burlington, vermont. what is the atmosphere there? are people getting excited? >> very excited. we've got 30 to 60,000 people coming to burlington according to the chamber of commerce which, for a population of 48,000, we could see the population almost doubled to come see the eclipse and see what dr. greene is talking about as the connection to the universe. everyone has got their eclipse glasses ready and it could bring in 12 and $15 million in

tourism. >> i know hotel rooms are sold out, airbnb occupancy rates are up. professor green, let me come back to you. i notice doc is wearing his eclipse glasses on his jacket. i know people have made their own and purchase them on amazon. what do we need to know about viewing the event? >> be careful, you really got to have the right glasses to ensure that when you are looking at this wonderful spectacle that you don't damage your eye or your retina and there are places out there selling glasses that you really have to be careful about so be careful and make sure they are certified. if they are you are in great shape and if you are in the path of totality you can take those glasses off during those three minutes or so of total eclipse and just take it in with the naked eye. >> jack, what do you have? certified glasses?

>> i believe they are. i can put them on but i'm not sure i will be ble to see you. it does seem they are certified and we will be listening. >> i see a scene behind you. you are in the path of totality. when does that happen and will the crowds get weaker as we approach that moment? >> we should. coverage starts around 2:15. we are looking at lake champlain and the waterfront park behind me. our team will start to see coverage and it will slowly get darker. totality hits around 3:26 p.m. and everyone is going to gather. there's live music happening and there are food vendors everywhere. it's going to be a lot of fun. >> brian, is there anything folks want to look for? you said it will be like nighttime in the middle of the day. can you see the constellations? >> you can see brighter stars and a handful of planets you should also look for what is

known as baily's beads that happen. little streams of light passing through the deep ruts and valleys on the moon's surface so you have to be looking at the right moment to see them but if you can it is like diamonds shining through the rough so that's a spectacular thing to look for. >> put into perspective how rare this event is. >> eclipses happen a few times per year. total eclipses perhaps every 18 months but on any given location on earth it's every few centuries so if you want to see an eclipse right now, if you are in the path of totality you will have to wait a few hundred years to see it again so it is a wondrous event and something to really cherish because this experience brings us all together in a way few things do in our current world. >> a lot of folks are making that pilgrimage. thank you and remember to wear those glasses. those certified glasses. markets are flat. eain cinuprngsomg . power lunch is next.

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the road to opportunity. is often the road overlooked. at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward the further we all go. welcome to power lunch, everybody. walking on the path of totality . treasury secretary janet yellen in china today with tough words for china, saying it needs to change its policies on industry and the economy. we will get