tonight at 5:00 p.m. follow me on twitter. we're watching the market here as well. in fact the s&p 500 is now only a point -- only one point, thereabouts, from a new intraday high. "power lunch" starts right now. halftime is over. the second half is starting right now. >> ibond 101. we're going to look at apple's new way to make money and possibly your new way to make money from apple. details starting to come out regarding the apple i-offering. they talked about it on fast. we'll take you through it as well. new flooding in the middle west. there are very dramatic pictures. more rain is coming, and get this -- snow is on the way in may. what does it mean for corn, white, soy, the ag stocks? we'll take you through that.

and the twitter takedown. last we're starts to spur interest from washington, and one. first to sue at the nyse sources are telling cnbc the bond sale from apple will be the largest ever. seema mody? >> the deals won't be completed until later this afternoon, but early indications show this six-part bond sale will be well received over over-subscribed sources say demand for apple's debt will be in the $40 to 50 billion range, but could head north of that. the ten-year fixed note it's expected to trade about 90 to 95 xwaz points, which of course is the u.s. ten-year treasury. of course, that number is not final yet, still subject to

change. how would this size up against its tech peers? microsoft trading about 60 basis points, wraps an ibm issue is about 55 basis points the comparable benchmark. in terms of the year old, larry mcdonnell says apple's ten-year bond use yield roughry 2.5 to 2.6% which would be higher than the yield, as well as the yield that apple stock offers of 2.8%. of course, again, this is just speculation and still subject to change. just stepping back for a second on what this apple bond means, morningstar analyst i was speaking to made a good point. fixed-inum investors don't really have exposure to apple today. in other words, this issuance, tyler will give apple exposure to a new class of investors. that's perhaps one of the reasons it's being well received by the street thus far. >> seema, thank you for the

report. joe weisenthal is business insider's executive, and he does own 20 shares of apple, way back when it was prized at about $ 0 a share. so nice going there. >> thanks. >> tell me about the bonds here. do you plan on buying the bonds? do you think corporate bonds are a good investment for individual investors? >> no, i don't plan on buying the bonds. it doesn't seem like there are that many investors it would make sense for. this paper will be so -- just a bit above treasury yield, maybe a little more than some of the tech stocks according to the segment there, but you really don't get paid very much for them. there's what they call a safe asset shortage, there isn't enough debt out there. the demand is voracious. apple's debt is going to be super-safe, so obviously that's why it's so over-subscribed, but

it's not that appealing. it only makes sense if you have tons of cash coming in and you have to allocate money to corporate fixed income, but i doubt there are that many individual investors that will find it that appealing. >> and compared to the stock with a rather nice yield as well, why would you go with the bond when you can get the capital appreciation -- but you can get appreciation from the stock and the buyback and the dividend. >> yeah, that's exactly right. if you want exposure to apple and you're any normal person, then you just buy the stock. you can say if you're thinking about cash flow, then the different of the stock is probably not as safe, because they could cut that or whatnot, but if you buy the apple bond, you don't really have any exposure to apple's success. you're just making a bet it's not going to fail during the lifetime of the bond. it's not like a real bet on apple per se, just a way of

getting more yield to buy it, you would have to field confident they'll stick around for a while, but 10 or 30 years, that's a long time in the tech industry. who knows what tech companies will be around. if you're buy that one, you are taking a -- >> next time you find a 90 $stock that goes to 700, let me know. just kidding. >> sure. one of the world's richest -- alisher usmanov, russia's richest person, snatching up a stake in apple. he's made some smart plays. his early bet in facebook made him almost $1.5 billion. sue? ty, we're going to continue the discussion about which is the better buy -- apple shares

or apple's bonds. let's bring in bob pisani and kenny polchari. you are on. indeed you are. kenny, i'm going to start with you. is there any compelling reason when the different yield on apple is where it is to buy an i-bond? >> i don't think so. i think he made the good point. if you're the average investor, then you're probably going to play on the ecity side of it. i think the average investor will stick with the equity. >> the important thing is apple finally has a hit on its hands. that's what i think. hallelujah! sorry. bring you back to your normal programming. the big thing here is. >> did you have redbull before the show or something? >> everyone is so excited, you would think we have a new iphone. >> you see what i have to work with? just teasing. >> i think the big thing is -- if the business is really going

to start improving, as tim cook implies, that they'll have a lot of new products, it's a duh issue, the guy is right. why buy an i-bond at this point. >> but the demand 3.3. if it's right in the midpoint of what everybody is thinking about, that's fantastic if a corporate bond. >> very quickly, kenny, less than a point away from theual all- high. you made the point in your note we keep bumping up against that resistance, but you would like to see 1600 and a close or close to it. >> no, i think they're trying to push it to 1600 at month end and they'll bring us that new level. all of a sudden 1600 will be the new number to beat. i think we'll hit or resistance and get stuck here. it's the end of the month, and everybody gets to mark that are portfolio. >> you want to know how important dividends are? pitney-bowes cut their dividend in half. yes, the earnings were bad, but

down 18% right there. that shows you the second highest dividend. 9%, they cut it in half. dividend buyers are abandoning it. >> all right. well, 9% almost too good to be true. now it is too good to be true. thanks, guys, very much. josh lipton has a quick market flash. hey, josh. >> a by intraday for raptor pharmaceuticals. small company. the news here, the fda approving an experimental drug treating a genetic disorder that causes irreese versible tissue damage, affects some 500 patients in the u.s. you can see the stop off the session highs, those still up more than 8%. tyler, back to you. >> thank you, josh. ibm has raised its quarterly different. it's the 18th year in a row that big blue that is increased its payout currently trading up

nearly $2 a share, again about 1%. pfizer losing grown at 29.38, about a 3.5% slide, reporting weaker than expected phish quarter results, also cutting the outlook for 2013. best buy moving the other way, moving higher and significantly so, by nearly 8% at 26.12. multiyear high there for the electronics retailer. it is exiting europe, selling its stake in its joint venture there, to the partner car phone warehouse group, in a cash and stock deal valued at about $775 million. that was less than half what it paid five years ago for its stake in that joint venture. han highser busch falling flat, down 23 cents that's. the world's largest brewer reporting weaker than expected

numbers because of lower sales. bud also cutting the sales forecast for brazil. that's the company's second biggest market because of rising food prices. that's reducing the amount that consumers have to spend on the other food group, beer. sue? >> ty, the fbi is looking into the relationship between virginia governor robert mcdonald and a major campaign donor. that donor paid for the catering at the governor's daughter's wedding. eamon has what some believe may be the end of the governor's presidential aspirations. >> the relationship that's being scrutinized is with star scientific ceo johnny williams and "the washington post" reporting that the fbi is asking questions about the relationship. as you mentioned, williams paid the $15,000 catering bill for mcdonald's daughter's wedding. we also know they have given mcdonald and his pac more than $120,000 over the years. mcdonald allowed the company to

hold a luncheon in the governor's mansion in 2011. the 235e78 also vacationed at williams' home and drove his ferrari, the question they'll want to ask is was there a quid pro quo between the ceo and the governor? as you say it's got political implications for the presidential race. mcdonnell is somebody who's been mentioned as a potential republican presidential candidate. all of this initially came to light because of a disclosure filing by star scientific. they said -- let me go back to the first screen. the first screen is the company actually announcing that this investigation is taking place. they say -- our company directors and others received subpoenas for the eastern district of virginia seeking documents. then they go on to say -- our present understanding is that the investigation is principally focused on transactions involving our company's securities including certain private placements and related party transactions since 2006.

so, guys a lot here to chew over, but the news now that the fbi is looking into this, and that could be good for the mcdonnell camp looking at 2016 on the republican side. >> eamon javers reporting from washington for us. the white house making a new pitch with top business leaders to hire american veterans. the plan and ceo of u.p.s. next on "power lunch," and steve leaseman on the cnbc fed survey, our slice of the market, steve. >> i'm sorry to pour cold water on the eabu yen markets, but our experts say the best gains could be behind us. you want to listen, when we come back.

the nation's top ceos are at the white house to talk about jobs for our vet rarns returning from war. john harwood is at the white house with the ceo. ups. >> i'm here with scott davis of u.p.s. scott, let me ask you, the first lady said today that the corporate executives who are participating in this effort have exceeded the targets that she had set. u.p.s. has agreed to hire 25,000 veterans. tell me how difficult that is, why 25,000, and how this effort is going. >> i think the effort is going great. it's a worthy cause, the joining forces program is something that u.p.s. got behind from the

get-go. veterans have spilled their guts for us, for this wonderful country, come back and can't find a job, there's something wrong with that. they come back with great leadership skills and great work ethic. it's not a sacrifice at all. you're actually helping the company and helping the veterans at the same time. >> reporter: let's talk about the hiring climate in general. tell me what you see in terms of the outlike for the united states, in europe? what do you see happening with fuel prices? >> john i think we're in a slow growth economy. i think the u.s. will continue this pace at around over 2% gdp growth. if we get a few more decisions regarding the debt ceiling, maybe some tax reform, i think we could get a boost to the economy here. europe seems about the same, seems like a flat economy. our business is actually doing okay, growing faster than the economy in europe right now, but i think we see where we can put 25,000 people to work, veterans

pretty easily in the system. >> reporter: the president talked about that in his new conference, debt limits in august. he wants a broader solution to the sequester on this faa fix that just happened over the week, he said they simply took from future improvement and averted delays now. do you agree or what do you think the congress should do? ivities i think it's a band-aid solution. simpson/bowles came out with a great idea. >> do you agree with the president that the elements are entitlement kuntz and form and some additional tax increases? >> it's a combination. we have to compromise. we have to have both sides give a little to make this thing happen. but if we do make that happen, i'm very optimistic about this

economy. >> reporter: the president also talked at his news conference about the health reform law, but one point he made was that for the 85% of americans who have group insurance now with big employers like u.p.s., they've already seen the effects, and there isn't bad stuff coming for those people. tell me how you see the implementation of the health care law, what effect it will have on u.p.s.? >> it's complex, i think, going forward. it's not going to be that easy to implement. we provide great benefits on our employees and have, part-time and full-time employees. i think the exchange is complicated, it will not be easy. there are additional costs, but i think the real key is to get better health care and better performance. >> reporter: i appreciate you being with us, i think the country thank you for your commitment to hiring veterans. >> it's our pleasure.

thanks, john. john harwood reporting. the fed kicking off a two-day meeting. the easy policy some say have fueled stocks to the all-time highs we have hit this past month, but wall street continues to be relatively pessimistic. where do you markets go from here? steve liesman has the exclusive results. >> hey, tyler, thanks very much. the 46 that we surveyed see the quantitative easing extending into 2014 if you look at that you are outlook, the s&p 500 specifically, they're pretty pessimistic. the blue line is the outlook for midyear. 1577, it's on your screen.

how about for the end of the year, 1612, just a 1% increase. this group has been essentially wrong. you could argue it has been their pessimism that's been the wall of worry that the market has climbed here, but ultimately the consensus of the market as gained by the survey has been wrong here. let's hope they're wrong again. scott redden writing in, saying first-quarter earnings have little to do with the continuation of the rally. reasonable valuations and the fact that the economy continues to move ade are the biggest factors. he obviously is optimistic. again, they've been up and down. you can see the last surveys, they were up higher, 2.3, 2.35 coming down, 2.1% is the outlook for year end on the ten-year, 1.83 is the outlook for june. now, we also asked people why they thought gold had lost its luster, also interested, is there an economic signal from gold. lower inflation expectations was

the choice of 16% of our respondents, less concern about global risk, 16%, the popping of a price bubble 24%, a large number didn't like any of the responses. we offered 36%. so let's look at what these others were, and you can see the bank of cyprus selling gold. combination, the strong dollar and the bank of japan's policy, those easy money policies that came out. what is the best investments? still the lackluster returns, 72% say stock, 62% say real estate, you can see treasuries, gold and other have very few adherence, but there are some interesting responses on others that i want you to think about. they're kind of off the beaten path. commodities without gold, one guy wants to be long and short the yin, emerging market local debt was a choice, and developing economy and equities,

guys, we're going to come back and talk about how the market's attitude toward deficit reduction has changed. >> understandably so, steve, understandably so. thank you. look forward to that at 2:00. >> thanks. it's been an april filled with wild weather, floods, cold and now snow, yes, snow, as we head into may. it's impacting the ag industry in a big way. that's next on "power lunch." ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern.

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invested in the world. bny mellon. it has been a tough april weatherwise. this is video of st. louis, now snow in the plains states? yes, instead we're talking corn and soy in a minute, but first here's the weather channel's reynolds wolf. >> we are expecting colder times across parts of the upper midwest. minneapolis will have a high 673, but by the time you get into tomorrow's forecast we're going to the mid 40s. again it will be brutal at times. where kansas city will make the swing from 68, nearly cutting it in half to 39. now one of the reason to blame will be the jet stream. we have a big trough that develops, it's going to allow a lot of cold air to come sifting

through. hat we can expect not only a cooldown for places all across the board, but at the same time the potential we might be dealing with a bit of snowfall, the heaviest near denver, the potential of 1 to 3 inches. thank you, reynolds, very much. jeff kill burg joins us from chicago. first of all, bundle up. let's talk about corn, jeff. only 5% of the nation's corn crop in the ground. what are the implications? >> it hit traders heart here in the pits behind me due to the fact that we were anticipating one of the largest plantings since 1936. sure, the yields are different, but when that yield forecast came out, prices were low. a lot of phones got caught short. it's nour your grandfather's farm anymore. using sophisticated machinery. they can plant about 6% of the corn plan into the ground per

day, but right now with snow coming tomorrow we're just bundling up here in chicago. >> not just in corn, but i'm looking at the soybean chart. there are big spikes in drops there. >> about a 2:1 ratio, because due to the fact that folks and farmsers miss out, it may be too early to switch to the soy bean, and they're kind of up in the air, but real shorts are on the run here. we will see folks who want to play this, play c.o.r.n., the etf. >> but be careful. thank you, jeff. sue, home prices rising at the fastest pay in nearly seven years. time to cross europe off the worry list? and we'll run the decisions

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the gold market holding steady right now, gold prices around 14.72 an ounce. traders are waiting for the fed meeting and the employment data that comes out on friday. the fact that we have a bit of weakness in the dollar, well, traders say that's not a strong showing for gold, but they do say that gold is somewhat supported by the fact we may see lower interest rates for some time. they're also watching gold's performance for the month, and how those have decline so dramatically just in the past metropolitan that's a big reason why we're looking at gold prices. and also what is happening in the platinum market. with south african mines and the strikes there. we're lookingty mine talks looming as one of the factors

contributing to what we're seeing. to the bond market now, where after the chicago purchasing managers' report this morning, we saw yields touch new lou lows. we still have the ten-year note the euro racing higher again the u.s. dollar. remember we have the fed meeting this week. visit of that, no one given the data we've had out expects the fed to make changes, but keep in mind this is a sensitive market with the fed and also the big employment report. so that's's today's bond report. you are up to date. we welcome back joe tanius, which has 400 billion under management. joe, we're adding a different element, and you're game for it, i understand. we have our beat reporters set to pepper you with all sorts of

questions. michelle caruso-cabrera is talking europe, diano olick with housing, but i wanted to pick up on the dip on the ten-year yield earlier this morning. usually in normal markets, you don't see it moving to new highs. and interest rates moving lower at the same time. it's not necessarily a normal market, but we're not in normal times. >> it doesn't make a lot of sense. i think you've seen some weaker than expected economic data here in the u.s. obviously, and that's leading many investors to step in and say is the fed ever going to stop as quantitative easing, we've been hearing more and more discussion of the fed tapering off, but i think a lot of people are starting to think twice. >> bob, you're up to bat. >> stocks at newhighs, lousy global growth. number one, how do you reconcile that contraction, and dividend

is number two. pitney-bowes, cut the dividend in half. what does that tell you about the dividend market? >> as far as the stock market hitting all-time highs, this is something we continue to hear from clients every single day, how is it the stock market keeping inching higher. what i think is important is for investors to understand, remember what is exactly they're buying. they're buying profits. if you look at how we're doing so far, with about 68%, it looks like the s&p 500 will let another record all-time high. about 70% of companies beating analyst estimates, and we continue to hit all-time high, so i think that's supporting it. at for the dividends, i think what investors over the past years have continued to move into dividend-paying stocks, as central banks around the world -- dividends are going to be an important part of every investor's portfolio. and that's going to have a huge impact on dividend-paying stocks. >> the dividend, though, was

very high. should that have been a warning sign? >> it really comes down to the individual company, but if we look holistically, i think there's still some room to run. we're talking about the difference of the market entirely or individual companies, but with companies sitting on record amounts of cash and ratios still this low, i expect over the years or so you'll probably see dividends rise. >> you were talking about low interest rates. i'm extremely surprised to see how far spain and italy's rates have fallen. when you were -- are you less nervous about what is happening in europe? investors over there seems tore more and more relaxed every day. >> i why sanity sill nervous. i think the issue is complicated to say the least and we probably won't get out of this mess any time soon. that said, the ecb is stull in

place, so long as the european central bank views it within its man dade to preserve the euro, what you are doing is eliminating that systemic risk imdiana? >> hey, joe. today we have the home price, but at the same time, we saw the home ownership rate go to the lowest level since 1995. that fuels the argument that investors are driving home prices, and we could be in another double. do you see that? and what do you think happens when foreclosures start to right, as is expected. >> i don't think we are in another bubble. if you look at housing prices, we've only started to see them begin to pick up. starts have also only begun to pick up. what i tend to think of is both

things that affect supply and demand. on the demand side, if you look across the entire u.s., it's become more expensive to rent than to own. at the margin action at least, you are seeing increased demand for home ownership. on the supply side has been eating away at that -- we need to build to keep up with the population growth. >> we would be remiss if we didn't ask you what you were expecting on jobs and how do you invest in the climate. where do you put money to work? >> i think as it relates to the losts last job number, it was clearly disappointing, however it was just one number, i think it's important to keep that in pell spect tiff. you have to take a longer-term view, to see if the number on friday is as weak as it was in the past. and just keep an eye on directionally how things are going. the labor market is continuing

to heal. that said, you know, a lot of the economic data -- i think a lot riding on this numbers clearly for the markets. >> joe, based on the heavy lifting when it -- as the global strategist, are you putting money there yet? and if so, how? >> we are putting money to work in europe. you have to realize it is very much a stock picker's market. you have valuations which are depressed when you compare them to the u.s. >> is it countries or do you have to go name by name? do you have some countries in mind? i don't. >> i think you need to go name by name, look at companies that are domiciled in this region that are exposed heavily to growth in the emerging markets. are they exposed to revenue growth? i think those are the companies that are poised to outperform. >> thanks, everybody. appreciate it very much. joe, thank you. we'll see you again in about a month. appreciate it. ty, up to you.

>> thank you. hacking america, the fake a.p. tweet recently wiped out mover than $100 billion in wealth, albeit briefly. do we need more regulation of social media? a special committee is taking up the issue. plus check this out. you'll never guess who is driving this $200,000 ferrari, setting off a major firestorm. apple now positive for the month. there you see apple. turn it up! [ male announcer ] let's say you pay your guy around 2% to manage your money. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you.

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giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. at the top of the hour s. a really big interview with blacktone ceo steve schwartzment, getting bits work after serving.

and best buy, investors -- what is next on the to-do list? and is that just sour grapes? and also the hilarious new commercial. all those things are coming your way, back to you now on "power lunch". the sales dropped, and forecast results would deteriorate further. in its medicare business. >> roiled the marks. and was really wiped out.

today the cftc is taking up the issue of whether social media should be regulated. eamon, what are they taking up here, and are they trying to get to the bottom of who done it? >> this thing was put tore -- but there are discussion they're going to bring up this twitter hack. one of questions will be if it -- that could be illegal market manipulation, but if it wasn't, and this was just vanity litch, then there's a real question one way of looking at

this is the market responded to a false rumor, and rebounded almost exactly where it was, but if you look at it that way, you would say, wait a second, maybe nothing actually dangerous happened, it responded as it was supposed to. >> i guess the way i think of it is that a rumor got into the market to eamon's point, if there was an effort to try to manipulation the price, that's one thing, that's another, and probably doesn't deserve -- >> i think the answer is probably one word. nothing. the venue for the rumor, whether

twitter, facebook, is irrelevant. we need to examine how it works. there will be information, as long as there's information, there will be rumor. we should expect no changes, regardless of what the technological medium is. sirchlts if someone put it out as a means to manipulate the market, and actually did succeed, what existing regulations from the s.e.c. would be able to nail the person? >> we see this happen occasionally every few months, it seems. eventually at times there are a few prosecutions.

when we start to see that sell-off happens. they don't have the -- they've gone to go through a whole convoluted process. they cannot tivo the market and see what happened. they have to go back in a very laborious process. >> we're in new territory here. i come back to the point i made a moment ago, that this was a rumor. what was difference is that we're in new territory in the social media world where rumors can move at a speed and create a kind of disruption from anything we've probably seen before. to me that is something that's worthy of examination as a market structure issue, as we

saw in the flash crashes. >> my final question for both of you, just a couple weeks ago, the s.e.c. said they would allow companies to disseminate information through social media. is this a cautionary tale? do you think it will chill that in any way? >> absolutely. but here's where this thing gets weird. the traders, do they actually care whether this information is true or not. as they see this happen, or do they care this is not a thought that would be in the market, and therefore it's slightly to cause -- rather than the

essentially truth. so eamon is right, volatility creates greater opportunities. and so they probably actually don't care. >> all right. we have to leave it there. >> thank you. >> don't say good buy. really that hurts -- if you drive a ferrari, it seems you get in trouble. what's the latest mishap involving the car for the super-rich? >> there's a web video of a ferrari that's gone viral, all because of the driver. we'll tell you who that driver is and why he's touched off a global debate over the super-rich. that's coming up after the break. tdd#: 1-800-345-2550 opportunities are waiting to be found in faraway places.

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expensive super cars are becoming more common. cnbc's wealth editor is on the case. this is a curious one, robert. >> an amazing story. it all started with the youtube video, the footage showing a

ferrari speeding through the streets of india, looks very common until you see the driver. he's a 9-year-old boy, and the passengers that's his 5-year-old brother. it sparked an uproar. many said it was proof that wealth has gone wild in a country still struggling with widespread poverty. police have charged the boys' father with endangers the life of a child. the boys' mom said she was proud of the child's skills. yes ferrari videos like this one have become flashpoints. in singapore, another video of a rich chinese investor racing through a led light, killing and you have drivers. they criticize the invasion of rich people on the island. police coverups have been revealed. not to pick on ferrari, but they can become.

we have the numbers in on apple. apple has launched the biggest ever non-bank bond issue, as it gears up the company is 1.5 billion. 2 billion of five-year floating rate notes. then 5.5 billion, and 3 billion of 30-year fixed rate. on the trading session. ty, back up to you. sue. >> robert and i have memorized. let's just put it this way. they're floating a lot of debt out there. >> that's a lot of ipods or i

pads. let's talk about the power rundown. . >> they have the paddle shifters now. that's made it easier. >> a slow, improving economy. college grads are purchasing poorly, it seems in job interviews. among they're texting, taking phone calls, thee dressing inappropriately. and using slang or overly casual language like "lol." >> hold on, ty. i'm going to text i my response. omg are you kidding me? >> that's r-u. >> i'm not surprised at all.

our parents tau you interaction. this is look at her, say hi, shake your hand. tyler, i can tell you here's how we fix it, a smartphone app.. a charm school for kids. call it please and thank you. >> i think the problem here is economic. when we were kids t. we had jobs to pay for college. that helped us understand what the work force was like. kids can't work like they used to, so they don't have that experience. >> i was with a banker that said something akin to this. he said the young people he saw have a harder time or real aversion to making phone calls, doing face-to-face kinds of contacts. blackberries ceo says he's not -- not the one that buffett

bought. he said tab letts will be useless out of here. do you think he's right or wishing for something? >> he's in denial. i think, we tent to think of technologies as being replacement mechanisms, when in fact in our lives, i don't get rid of another one, it just adds to the pile. i've got a tab lett, and all the other things. new benefit, free food, to 16 weeks, dads can take eight weeks. yahoo! also going to pay 500 daily. marissa mayer easing up a bit here? >> no, i think just a rounded part of her strategy.

she building loyalty in her team. >> ten seconds. >> if i could be reum bursed for my daily chocolate habit, i would be in. >> cindy, robert, thanks very much. we're on track for -- watch the close today, guys. that's it for us on "power lunch." "street signs" begins after this break. changing the world is exhausting business.

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right now on "street signs" the s&p is flirting with a record high again, with just 24 hours under the fed decision. how long can this ironman market hold on? we're going to head live to the white house in just a second for a first on cnbc interview with blackstone's ceo steve schwartzman, the biggest owner of houses right here in america. does he think there's a new real estate bubble? plus the big initiative to high america's heroes. and steakhouse starts, are they prized picks.