plus -- shares of boeing have been surging. >> we want boeing to make a lot of money but not that muchoney. >> don't worry, mr. president, there's something in the charts that says the stock has come a bit too far too fast. we'll explain when "options action" returns. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. [ alarm weather.eping ] ♪ [ laughter ] cartoons. wait for it. [ cat screech ] [ laughter ] ♪ [ screaming ] [ laughter ] make everyday awesome with the power of xfinity x1... hi grandma! and the fastest internet. [ girl screaming ] [ laughter ] hey nicole. hey! i just wanted to thank your support team for walking me through my first options trade. well, i feel pretty smar

sell boeing. >> technical warning signs. mike, how are you trading boeing?this is an interesting case. it's hard for me to bet against a company that's as well-managed as boeing has historically been, but there are some fundamental dynamics going against it here. number one, they are basically going to be slowing their deliveries of the triple seven and though they are increasing the single-aisle aircraft like the 737s we're talking about a significant revenue decline that will come out of that, and there's more competition from the brazilians, for example, on the smaller aircraft and, you know, we are going to see some revenue declines. 19 times earnings and maybe a little bit over average and i'm inclined to go along with carter here, and the way to do this is by selling april 180, 190 call spread. you can collect about $4.30 for this. now the most it can be worth is 10, but if it stays right here you'll have some profits and if it declines you're obviously going to see some profits, and even if it did continue for whatever reason up to that strike in the

plus, shares of boeing have been surging. >> we want boeing to make a lot of money but not that much money. >> don't worry. there's something in the charts that says the stock has come a bit too far too fast. we'll explain. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. what if we could bring you by having better values? at blue apron, we work directly with more than a hundred family farms. so instead of spending on costly middlemen and supermarkets, we can invest in the things that matter most: making farmland healthier. cutting down on food waste. and bringing you higher quality, fresher ingredients for less than you pay at the store. because food is better when you start from

think the risks of the boe remaining cautious, dovish, is still there. growthlook at real rates , the inflation rising and wages not pricing in line with inflation, and even though we are seeing positive numbers out is a bit think there of softness in the u.k. numbers over the next year or so in my view. we are seeing some softness already, so my view is the boe will try to be cautious, so a dovish bias will be there. i don't think we will see a huge hawkish move on the boe's part with the next year or so. haidi: i want to talk about the u.s. dollar. that has been the momentum-driven part of the sterling rally. we have seen a decline in the dollar index. do anticipate further falls, particularly -- we have not talked about this, but potentially republicans going back for another crack at the health care bill. if that it's rejected again, is that a significant dent when it comes to confidence, particularly you have inflation expectations for the u.s. starting to weaken? >> so definitely yes. health care at reform, but overall we want to look at how the mi

sell boeing. >> mm, mike thought.be carter's on to something but shorting the stock, that could lead to infinite losses. to make a bearish bet mike sold the april 180 strike calls for 630. now to keep all that money, mike needs boeing shares to stay below that 180 strike price. above that profits will trail off. mike won't see losses until boeing rises above that call strike by more than the 630 he collected. or above 186.30 by april expiration. remember there is a tradeoff. because above 186.30, mike could see infinite losses. >> surely you can't be serious. >> we are serious and don't call me shirley. to define his risk, mike then bought the april 190 call for $2 and created his bear call spread. now between the 630 he collected by selling that lower strike call and the $2 he spent buying that higher strike call, mike still pocket the $4.30. that $4.30 is the most mike can make on the trade. and to keep all of it, mike needs shares of bowing to stay below 184.30. above 184.30, he starts to see losses but they are li

to keep it, mike needs shares of boeing to stay below $184.30.e starts to see losses, but they're limited to the difference between the strike for the call that he sold and the strike of the call he bought. w minus the credit. let me make it simple here. mike can make money whether boeing drops, stays flats or goes slightly higher. since the time of the trade, the shares have fallen 2% meaning they're right in the sweet spot. now we want to know what one thing, what will they do now? mike, what do you do? >> this is working out just fine. as long as carter is along with -- with me on that one. these are going to expire before earnings. so we're continuing to collect premium. i think we should collect premium. i don't see the stock going significantly higher from here. >> yeah, not much has happened. the stock hit a low of 177, back to 180. but the beginning of more trouble. >> up next your tweets and the final call from the option pits. >> "options action" is sponsored by -- hey! i just wanted to thank your support team for walking me through my

first of all, let's say boeing.nyone who follows the aerospace business knows that boeing is becoming a lot more controlled with their supply chain. they are not just letting people jack up prices or raise prices and is currently on them. so, as boeing and airbus are becoming more controled, the company's more dependent on the department of defense. this is not a number they will release. i do not want to hear how much of your revenue is from defense. bida isrcentage of your e from defense? 20 we know about the government, it wears a blindfold and it has deep pockets, but when donald trump addressed congress and made a statement that we would renegotiate many government contracts, transdigm should be upset. the one person they should be of theed about, the head department for procurement -- if he paid attention, we do not need the laws to change. they are already there. we just in the government to pay attention, and this company has big, big problems. vonnie: 65% of the sales every year are generated from the u.s.,

up next, boeing slipping from its all time high. and there's something in the charts that points to more pain ahead. hey gary, what'd you got here? this bad boy is a mobile trading desk sohat i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. >>> welcome back. time for the upside call. we look back at some of our winning trades. two weeks ago, a bet on boeing and now it looks like mike's

boeing actually lost money on the last air force one contract.mble about given trump's tweets. they really see it as air force one as the most famous plane in the world, and where ever it lands anywhere in the world to mystically or internationally is an advertisement for boeing's signature product. carol: how virtual reality is being used to treat ptsd. >> professor skip rizzo is a psychologist working with medical applications of vr for the past two decades. around the time of the first wave of troops into iraq in 2003, he started thinking about how to adapt what was nascent vr technology for use in treating ptsd. oliver: we have now had on the gaming side come of the are taking steps, playstation, oculus, facebook, what strides has the technology taken on this side with the immersion and treating veterans suffering from ptsd? >> sort of academic pentagon joint venture called brave mind that puts vr technology on military bases and hospitals in an effort to essentially treat veterans for ptsd and a handful of other disorders with what amounts t

the fed, the boj, the boe, the smb that i will tell you about after half past.eek at stirling, look at it, see how it is reacting to the moves by kristin forbes to vote for a rate hike. the close is next. this is bloomberg. ♪ ♪ mark: live from london and new york, this is the european close. stocks finishing the first day session higher. investors hopeful the global economy will continue chugging along despite the rate hike by the u.s. federal reserve yesterday. stoxx 600 up when 5%, a six day of gains, the highest level since december of 3015. the spirit index, record low decline, 23% to the downside, the lowest level since 2000. stocks -- the be stocks down by a record 23%. not just about the fed, the boj, the boe, just to name a few, the swiss national bank -- this is swisse andgainst the it felt today. -- snb cap they were paid kept it at the lowest rate. it held interest rates at that record low and repeated the pledge also to wage foreign-exchange interventions if needed to save the franc -- if it "remains significantly overvalued." switzerland appears to

it sounds like he has changed his mind on that, but where does it stand with the boeing ceo about howng to build the plane and at what cost? are they trying to shape costs down, or have they moved beyond that? inpresident-elect trump december tweeted that the cost for air force one were out of control and he wanted to cancel the whole order. never real.was no one knows where that neighbor came from. -- that number came from. butas more like $3 billion, knowing executives leapt into action and met with president-elect and now president trump multiple times at different trump properties in new york and mar-a-lago and announced some very vague plans that are still under way to reduce the cost of the plane, and that was enough to get president trump to declare victory and to appear at a boeing facility in south carolina, using air force one as a backdrop and to actually utter the words, god bless boeing. carol: this isn't just about doing air force one or marine one, the companies that by, it is a drop in the bucket in terms of revenues on their balance sheets, but this is about having a

your move, boeing and leonardo. i'm ready for my next flight. show me what you got. jill: that is all this week for "defense news." be sure to join next week when we tagalong with senior officers from multiple african countries. thank you for joining us. i am jill aitoro. [music] >> dr. charles stanley: what convictions do you have that you absolutely will not deny, you won't give up, you won't compromise in any way? it's part of who you are. it's deep down inside. it's there because god has done something awesome in your life. and you're not about to compromise it under any condition. >> male announcer: next on "in touch," dr. charles stanley begins his series, "the convictions by which we live." today's message: "your personal convictions." >> announcer: to get even more from dr. stanley's message today, use any smartphone, tablet, or computer,

there are difficulties. >> with the boe tight before the ecb does?nk they will probably want to lay off to a would not go down well i think if they start tightening at this point. the ecb is in a situation where the inflation target is soon going to be reached, and the germans would be screaming to remove some of -- >> they are ready have in some way. >> that's right. they have not been keen on it either come but i think mario draghi will not want to rock the boat with these elections coming inthis year, german election september or october, so policy on hold. >> do the dutch elections matter to you? everybody is talking about france, germany, but this is happening in 48 hours. what could happen? what could this lead to? it matters in that it is still a signpost as to what is happening in terms of of aism, in terms rebellion against them there elite and the international push very little chance of forming a government coming because the netherlands political system is fragmented who would unite together, so it is no big threat to markets, but neverth

i love the boeing action. easy peasy boeing. >> it's symptomatic of what's happening. >> because of where the market is. it wasn't that big an issue but the market is a discounting factor. it has discounted a good part of what the policy could be. we don't know what it will be. >> we don't. >> now we've got to wait to see what happens. the longer they push out, pushing out to august, was genius. because now we've got that period of time for the market. >> august for tax reform increasingly inrealistic because of obamacare. >> one thing on tweets being policy, keep in mind in fdr's term he was frustrate with the prisz me felt he couldn't get across what he wanted to get across. that started that every weekend they did the radio address. that was brand new technology back then. that was the equivalent of our president today saying, you mow what, the media is trust trading me. i'm going direct to the people and using twitter. >> 140 characters. thoughtful addresses. >> an hour and a half and fireside and it was l

where are we when it comes to the boe and the possible next move in rates? put down her marker where others could, should, may follow, or not? >> we have two dissenters, which doesn't necessarily mean a change in policy. the interesting thing to know about ford's is she is only on the committee for three more forbesand then she is -- is that she is only on the committee for three more months and then she is leaving. the wage data is much weaker than markets were expecting. if you and just wage increases for inflation, we are actually wage to -- adjust increases for inflation, we're actually going to go negative. i could see the bank of your could see the-- i boe being on hold at least through the end of this year. vonnie: the ruble is strengthening. standard & poor's just upgraded the outlook to positive from stable. if you look on the bloomberg, go to russia and type in risk profile and you will see that the outlook is positive and stable. what does that mean for russia and the ruble? >> it has to be a positive development for them. with oil prices finding

and i was in his position at boeing but they wanted an engineer. and i said i'm a a mathematician. don't think i can do that. in the of my head i was pushing it forward trying it, you might like it. >> she was responsible for cal collated the projections of where the rocket and debris would land after the launch. another woman on her team worked on the computer programming and the third was in charge of the engineering. >> we had to put the data into the machine and calculate for the debris. >> what made her work stand out from the rest? it turns out she had 20 perfect completed missions in 20 attempts. she was literally perfect. >> they were complete and perfect. >> really is that normal? >> not necessarily. [laughter] >> for her work she was awarded two medals of honor and her name was placed on the apollo and saturn five. copy of those lists exist in the library of congress and the smithsonian in washington, d.c. >> at the library of congress. >> but i was curious, in the movie we saw lots of racial conflict and prejudice, was she experiencing that sort of thing a boy? she said

we'll have the catch up guy adami said to buy boeing which is up. bp engineers use robotic ultrasound technology, so they can detect and repair corrosion before it ever becomes a problem. because safety is never being satisfied. and always working to be better. >>> we should implement legal reforms from unnecessary cause that drive up the price of insurance and work to bring down the artificially cost of drugs and bring them down immediately. >> that was president trump speaking on capitol hill last night about the future of health care and drug pricing. that kicks off our top trades. name like pfizer, ely lilly, and johnson and johnson. why aren't we seeing more resnacks. >> when you look at it. we are seeing reaction. it started january 31st after the executives sat down with trump. the knee jerk initially was you can't be involved in these stocks. after the meeting, they said we'll limit the pricing going forward. that seemed to give a calmness to the marketplace. you look at merck sense january 31st. pfizer. and then throw in the biotech names.

mark: and the boe meeting itself? paul: it is all being priced out in terms of the boe. there were hopes they would immediately after brexit, stop qe, everything corporate bonds. but the data is more regular in the u.k. consumer spending down. there are more worries on the horizon. i think that has flattened out the market expectations, and the curve. i think people are looking for the boe to be on hold for a considerable time. vonnie: what is the objective of the boj, the boj governor? does he just want to keep he havesteered, or does a policy statement he wants to make? we haveoking at japan, suffered this yield cap now. we are aiming for around 0% on the 10 year. and that really is the key pivot point around which markets seem to be gyrating at the moment. that is one thing. on the other hand, we have been looking at the pace of qe the doj has been doing, and if you extrapolate what it has been doing in the short-term, it would be falling short of the purchases they would be making. a subtle taper going on. mark: paul johnson, what a week it is going to be. head of th

you had the boe and theresa may much in the mix. we are talking about this, as we trade at these levels of 121-122, you are seeing these bearish bets starting to polyp. .he markets really net short on pound sterling, we'll get you an update. us trading on these relatively weak levels on sterling. tokyo, i don't think we will be getting a lot of action. toshiba maybe. yvonne: no big trends foreseen for today. thanks a much, david. let's talk about the big trends for this week in the u.s. abigail doolittle has more. put last weekd aside. the fed, will they or will they not raise. probability suggests they will raise but looking back there are we havelysts who say -- the first sitdown week for u.s. stocks in multiple weeks. the first sitdown for the s&p 500 in multiple weeks. some are saying we're about to see a bit of a switch. when we hop into the bloomberg btv 677, it look at g # this is a chart of the signals on the s&p 500. we are looking at lots of sell signals rather than by signals. this is not her charge but based on her work

intonsorrsponsored by boe "meet the press "kwot facebook page.

the boe or the brexit talks? kit: the brexit talks. the boe is a function of everything else.f the boe raises rates, it would support sterling short-term. the bottom line on this, is the economy trundling thomas slowing slowly, or worse? anna: kit juckes, thank you so much. we will be speaking later to the greek finance minister. that is 4:00 p.m. u.k. time. up next, more about trump and his health care bill. this is bloomberg. ♪ ♪ bill delayed. republican leaders plan to vote on their embattled health care plan. investors await comes persuasion power. anna: selling stocks for 3 billion francs rather than taking part in its swiss unit public. celebrate 60ers years of unity while the u.k. prepares divorce players -- papers. oh -- opec members meet in kuwait. we are on the ground. matt: welcome to bloomberg daybreak: europe our flagship morning show here in london. i am matt miller. anna: i am anna edwards. we have breaking news on the app or arrival to grab. the largest rival to uber in southeast asia. tiny to raise over one and have billion euros. this being led -- backed by s

the boe had to center after its rate outlook.ing at its strongest in five weeks, with ecb comments. the yuan at spot 31. we are seeing dollar-yen technicals drop below 112. let's take a look at the futures board. we are anticipating japanese stocks to see a lot at the open. korea, china, hong kong, set to rise. let's see what is going on in sydney. we have health care stocks tracking the drop on wall street. energy shares looking at the flip in oil prices. stocks have telco dropping 7/10 of 1%. there is speculation around the competition for the mobile sector option in april. yvonne: sophie kamaruddin, thank you so much. facing a tough balancing act as the fed hikes rates. resolve what we heard. a rate rise when it comes to operations yesterday. tom mackenzie joining us for more on this. the fed providing some new problems for the pboc. right, it was relatively positivity, we have stabilization and the economy picking up. factory gate rises are picking up. fx reserves picked up in the month of february. the pboc has that but the

is this a big knocked to the boe credibility?> from a pr perspective it is embarrassing for the bank. it follows the year of criticism of the bank. in accurate forecasts, consequences of a low rate , even a controversy in the five pound bank notes. this adds another to that. for our is important viewers who are not fully aware of what led to today's events, centered on a brother who works at barclays and a lack of disclosure. >> that's right. she was appointed by mark carney in 2013 as the chief operating officer, but a couple of weeks ago she was named deputy governor for markets and banking. it turned out she disclosed this relationship with her brother at barclays, which had never been disclosed the whole time she had been at the bank, so lawmakers looked into it and considered she should have disclosed it and did breach code of contact rules -- conduct rules. they released a report criticizing her, and she resigned today. vonnie: how is it a conflict of interest? these are independent posts, central-bank governors, members, ,

boeing and goldman always near the top.ks, dom. >>> about to get the latest read on the u.s. economy. beige book is out at the top of the hour. will it keep this rally going? we'll find out next. ♪ it's been over 100 years since the first stock index was created, as a benchmark for average. yet a lot of people still build portfolios with strategies that just track the benchmarks. but investing isn't about achieving average. it's about achieving goals. and invesco believes doing that today requires the art and expertise of high-conviction investing. translation? why invest in average? >>> welcome back to "power lunch." we are in record territory across the board pretty much. dow is up by 1.5% or 311 points. let's get to hampton pearson in d.c. >> expanded to a moderate by modest base. home construction and sales expand in most districts with low inventories in many areas. retail sales increased but at a subdued pace. several districts noting a shift from in-store to internet purchasing. businesses overall described as optimi

. >>> boeing has announced plans for job cuts. they were sent 60-day notices involuntary layoffs would start in may. there's no word on how many positions would be cut. just last month 1,800 boeing workers accepted voluntary buyouts. the move comes after weaker sales of some of the older wide body models. >>> pulitzer prize winner jimmy presland has died. his career spans more than five decades, working for almost every major newspaper in new york city. he won claims for reporting on the serial killings and coverage of the assassinations of john f. kennedy and robert f. kennedy. the president once described his reporting style like this, "keep your mouth shut and your eyes open and keep moving." he was 88 years old. ♪ [ music ] >> the man who wrote johnny b good. tributes are pouring in for chuck berry who died yesterday at his home in missouri at the age of 90. former president obama today tweeted, "chuck berry rolled over everyone who came before him and turned up everyone who came after. we'll miss you, chuck. be good." stars f

, go longb boeing. we saw this in gold, when theresa may was reported to speak dovish, and gold prices jumps $20. >> how about this weakness that we're now seeing in the rand, the seven-week lows that the rand is at on the back of this cabinet reshuffle. >> that's fantastic for south african gold stocks. in you look at the last couple of years, they're stellar performers because the gna is in rand terms but they get u.s. price for gold, they are in market expansion. when the rand was rallying, sfrij gold stocsouth african go fell. >> do you think quantitative easing in europe will come off the table this year as some are speculating it might? will that somehow push that gap, u.s./europe closer together and change the gold relationship? >> i think if trump can get through the fiscal policy changes -- the world has been run by monitors. the central banks meek, the g20 meet, it's political leaders and finance ministers. they've been driving the equation. now we're trying to swing back to fiscal policy, whi

boeing rolled out its new 737 max nine the newest model of one of the most popular commercial jets inld is larger and more fuel efficient than its predecessors and boeing says it's not resting on its laurels, it takes time to make these things. the company is also working on a 737 max 10. hhg child for bankruptcy yesterday after announcing its closing more than a dozen locations in ou nationwide. the appliance and electronics retail chain it has already reached a deal with an anonymous buyer to purchase all of its as essential major stock indices were all down in trading yesterday suffering just minor losses and futures point to a slightly lower open. >>> tgi fridays announcing changes to reverse a recent plunge in saint mary's the restaurant chain has a revised menu and will be giving its restaurants makeovers to give them a new look. the chain has also a gone digital. fridays is now accepting orders for takeout via twitter. dominos pizza chain allowed you to just text them a pizza -- a picture of a pizza. >> keeping up with the times. 4:53. a farewell concert by a retiring teacher g

huge deal for boeing. what can you tell us about that? >> well, boeing signed a $3.4 billion contract to make helicopters for the army. the armly get about 244 of the latest copters, the ah64e is an advanced multi role helicopter, it has censors, air on innings, improves night capability, and unnamed international customer will get 24 of those. jim, rahel? >> interesting. jill, i understand hostess is cooking up something new? >> it is true. chocolate twinkies anyone? americans have been craving healthier foods, but hostess is betting that they still want to indulge everyone, every once in a while. for the sounds there sounds like you guys are on boards. stage i for 2017, innovation, putting twists on popular desserts, white fudge, covered dingdongs, peanut butter hoe hoe's, and chocolate cake twinkies. >> i'll go with the twinkies. >> twinkies, yes, sounds delicious, right? >> yum. >> what are they filled with, chocolate inside there, too? >> sign me up. >> chocolate on chocolate. >> oh, we'll check in with you next hour, thanks, jill. w

. >>> president trump nominating a boeing executive to serve as deputy defense secretary. white house confirming that patrick shanahan, boeing's svp of supply operations will succeed as robert work who agreed to stay on until his replacement was nominated. >>> cat eerpillar hiring an ex-u.s. attorney general for help over the government probe related to the profits earned by the company's swiss profits unit. >>> the japanese government not considering steps to support toshiba. toshiba missed q3 earnings for a second time. >>> still ahead on "worldwide exchange," we're setting you up for the trading day ahead and the story that's got everybody talking. some clown trolled president trump on twitter and it made us all grimace. the full details when "worldwide exchange" returns. this is where i trade andrs. manage my portfolio. since i added futures, i have access to the oil markets and gold markets. okay. i'm plugged into equities- trade confirmed- and i have global access 24/7. meaning i can do what i need to do, then i can focus on what i want to do. visit learnfuturestoday

. >>> hundreds are taking a deal at a byout at plane maker boeing. maribel aber is live with that in time square good morning. >> reporter: 1800 boeing worker in the seattle area are taking by outs, that includes mechanics and engineers. union leaders are bracing for more layoffs this year. >>> financial shares among the losers, futures are pointing to a slightly lower open. we have a report on activity by purchasing managers out today. >>> the price of costco members will go up, the new fee is $60 for business card holders, executive members will go up $10 to 120 that is after could costo reported lower than expected revenue. have a great weekend. >> we'll have a great weekend if you have a coat. [laughter]. it's cold. >> reporter: that pattern continues straight through the weekend. storm tracker 6 live double scan shows we're mainly dry, a look down south shows a snow shower crossing the delaware bay toward cape may and sea isle city. not too bad. we'll see sunshine early before the clouds overtake us in the morning and afternoon. 33 degrees on th

." >> you can see more end game and post game sponsored by boeing on the meet the press facebook page. intonsorrsponsored by boe "meet the press "kwot facebook page. >> he says, i need you to bring >> the bag? where is my child? >> it could have been anything. guns. a bomb. whatever it takes to get my baby back. i had to go to cuba. i'm wondering if i can pull it off. my heart was exploding. my life was over. ♪ ♪ >> the year was 1999, and i was 22. the neighborhood i grew up in, i mean, we all went through hard times. hard times were normal. i needed money for myself, my daughter. i guess that i was willing to do what was necessary, as long as it was legal. my daughter name is ayende and she was 5 years old at the time. she was staying wherever i was staying. and i was staying on people's couches. my life was completely transformed overnight. i was at a friend's barbecue when i met roy. ♪ he came in as if he was some kind of actor on stage, you know. hundred watt smile. roy was a music producer. slim, tall, dark, and handsome. very, very, very handsome. he takes one look at me and he

francine: the boe is down one voting member of this month, right?t know the specifics yet. the mpc is meeting at the moment. this will be her first meeting. we do not yet know, and we're trying to find out from the bank , about whether she will vote for interest rates this month. she did say that there would be a transition period, so we do not know if she will continue to vote while she works through that. francine: give me a sense of how long it will take to find a replacement for her. scott: you would like to think wouldhe treasury communicate that they would go to the next rank, the next down, and approach them to see if they would take over the job, but it could be months. normally, it takes months to fill this kind of position. and there may be a whole process , a competitive process, that needs to be gone through again. francine: scott hamilton there who covers the boe. tom: thank you. with us, kim and neil dutta -- kim schoenholtz and neil dutta. that herhere is brother was at barclays -- baloney. this is about if members want someone in the

nearly 2,000 boeing union workers taking a buy-out what the move means for the aircraft's future. american express offering free uber rides but comes with a steep fee. markets looking like this. we hit record this week, 21,000 and could wanting. we are looking at a pullback this morning from broader averages. nonetheless, the other averages also negative even if fractionally. we are waiting on comments from federal reserve janet yellen. we will watch for any impact. the others down fractionally. in asia overnight markets end the week lower, kospi index in korea, worst performer better than 1%. hang seng in honing count down three quarters of 1%. lamborghini to set a new record. review for hugh jackman's last ride as wolverine. house republicans are working on a replacement for obamacare and they are facing from inside their own party. senator rand paul protested outside of capitol meeting yesterday where he claims the new bill is under lock and key. >> i have a replacement bill that has market reforms. they are going to have a new tax, a new government subsidy program and a new ma

francine: quite a lot of positioning on the back of boe. for the biggest loss since february. a little bit of a pop for a lot of the equities. i want to show you vix and crude oil. is returninghe day to the london financial center, the takeover of the brokerage company to build an investment bank. that crossed our wire and power and half ago. tom: a lot of reorganization in the financial system. what do you do with your money? let's look at a bloomberg chart. you will do it with lower inflation expectation. this is five to 10 years. inflation, down we go on disinflation. we have no clue where inflation will be. there is a huge debate over the trend of inflation. stay with us with gabriela santos. we have to go to washington. he is with us daily, it is kevin rilli. which part of the budget are republicans most upset about? cut to programs that could directly impact key portions of the united states that president trump won. agriculture and entitlement programs known as the flyover portion of america, between the coast. aides, with several to

i appreciate the importance of the exim bank to boeing and other companies and the u.s. exports. having said that, that's one of the issues that there's drawing views on both sides and i expect to do with the president instructs me to do when he instructs me to do it. >> so you don't think part of our trade agenda that we can, you think we can be successful without an aggressive credit agency approach by the u.s.? >> i think we have to do everything we can to encourage exports. having said that, the export/import bank is a sensitive issue and i, it's not an issue i worked in personally. >> can you define sensitive since i'm running out of time? >> people who are strongly for it and against it and normally in those cases when i'm not inform and realize there's a policy, i'm better off waiting for the administration. sfwl i >> there's a small group politically motivated and may be loud but when you allow the united states senate to vote on it, both majorities in the house and senate supported it and majorities of republicans have supported it, so the notion that somehow it doesn't

. >> reporter: less than 100 feet between ford and the 110 passengers aboard the boeing. after the landing, ford sheepishly admitting he was distracted by the on the t about a medication... d he ...block a specific sou ...of damage in many adults. r rious allergic reactions, and new or worsening heart failure. before treatment get tested fmsar or life. 's you life well planned.e whatever your dog brings home... kills and repels fleas and ticks for 8 continuous months - for effective protection in an easy-to-use, non-greasy collar. 8-month seresto®. from bayer. you wouldn't believe what's in this kiester. a farmer's market. a fire truck. can get comfortable talking abouarat>>> to the "index" now. two dead in a cr killing both drivers. scene on a new york city street. a plumbing van caught fire on a street in midtown, gasoline, which flowed downhill. >>> the firefighter performing cpr on a dog he saved. spent 20 minutes bringing the dog back to life. the owner saying the dog is doing just fine. >>> up next, he lost his legs in service to his country. but that won't prevent

let's start with the boe. is it time to start introducing gflation withf staf the u.s. -- u.k.>> with slow growth, perhaps contraction in gdp, we are not there yet and i do not think it is anything that is on anybody's radar. the bank of england has warned ,s, mark carney specifically that the u.k. economy will face headwinds.- i'm -- i do not think we will get messaging from the bank of england different than we heard in the quarterly inflation report and any inflation rise they will have's -- mark: talking about inflation rises, you have inflation in the boe, wherever it comes from, oil prices, weak sterling. in japan, inflation of .1%. saying, it is not -- it will not lead to much from the boj next week? >> like the professor was saying about the ecb, japan has a bigger problem because their core inflation is a lot lower than the ecb's. both central bank's with an accommodative monetary policy and probably will not add more accommodation but will not reduce it through the end of 2017 as they want to see inflation measures, core measures, underlying ones, get upward traction

boeing would get money to build the8 fighter planes than junta gun.ould get enough money for fighters which is more than the defense department asked for. mark: royal dutch shell is taking a shot at his 30 -- at its $30 billion divestment project. they are selling their tar sands unit. hugo boss says his turnaround plan is starting to take hold and could provide cover growth as soon as this year. the retailer has been cutting stores and brands and selling more clothes online. the chief executive spoke to bloomberg. >> we have seen a stronger rebound than expected and building on this momentum. we are in a restructuring phase in the u.s. market but taking the right measures. i'm also confident the european 2017t will stable out in with new brands taking place and we are confident we will have the stable revenue and profit into 2017. mark: it's lowest profitability since 2010 and profit margin for the year fell to less than 9%. bmw lost leadership of the global luxury car sales market to mercedes-benz. the company has ramped up spending in a race to get

hoy durante una conferenc de prensa que presidio el jefeeddie garcia, dijo que boes quieinicialmee habia sido reportado desnudo, persiguiendo a unomenores en eva court yvalerie drive. hizo caso omo a las ordenes de los agentes y cuando finalmente lo tuvien cerca en la entrada l estacionamiento del centrocomercial villa le disparon y recibi balas en varias part l cuerpo. ps al se prema que tenia en la mano lo que rec ser un arma. escuchemos. take senrique garca vocero pica de san jose el hombre levanta lo que ensan los oficiales. atropellar a otras personas covo/sandraahora, lo que el sujeto alparer tenia en laano era una pistola ahora, lo que el se al parecetenia ela mano era unapistola para cartuchos de siliconue se utiliza en construccion. en ingles se conoce como "cak gun". tambien se dieron aonocer s nombres de los 3 agentes qdispararon: se trata de toddahyo, william wolfe y erick enderle de 24, 22 y 21 os deexperiencia respectivamente.en este momento estan bajausencia administrativa.en cuanto a las imgenesue grabaron con las camaracorporales que llevan en suniformes, esas por ahorao

it took three months to construction under the guidance of a boeing engineer. one thousand dollars to build. the memories are precisely for his son -- are priceless for his son. >> reporter: that's the way you do it, you don't have to wait in line. >> i'm not a boeing engineer. >> reporter: but i'll higher -- hire him. 36 degrees today, windchills in the 20s, look at the high, normally we should be around 50. the high 36. tomorrow, sunny, cold, high of 39. the exclusive accuweather seven-day forecast shows improvement by monday we're back in the 50s and 60s. the next 48 hours we're not used to this, all of a sudden. 30s windchills in the 20s temperatures tonight in the teens. >> we got spoiled. >> 7:56 we're just a few minutes away from saying good morning to "good morning america." here's paula ferris with a preview. >> reporter: good morning, gray, hi philadelphia and coming up on "g.m.a." the trump campaign ties to russia are front and center as the new attorney general jeff sessions give his side of the story an why the president is taking aim at top democr

they want those boeing planes.y want to use those not just to take people brought on vacation but also to send weapons of this direction to places. i don't think we should be doing business with iran. for those most responsible. i think any business that is doing business there and transactions with them is on very thin ice. thank you very much. we need to get to this right now. president trump has just signed for bills just coming in right now. these are bells in the oval office the president signed laws among them eliminating obama regulations relating to federal contractors. and teachers. as you look at this it is yet another story about mitations of obama regulations we will be right back with much more. please don't go away. can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. we cut the price of trades to give investors even more value. and at $4.95, you can tra

i appreciate the importance of the xm bank to boeing and to other companies and to u.s. exports. having said that, that's one of those issues that there's strong views on both sides. i expect to do what the president instructs me to do when he instructs me to do it. >> so you don't think as part of our trade agenda that we can -- you think we can be successful without an aggressive credit agency approach by the u.s.? >> i think we have to do everything we can to encourage exports. having said that, the export/import bank is a sensitive issue. it's not an issue that i've worked with personally. >> can you just define sensitive since i'm running out of time? >> i think i define sensitive as people who are strongly for it and people who are strongly against it. normally in those cases when i'm not informed and realize the administration will make a policy, i'm probably better off waiting for the administration to make a policy. >> i would say there's a very small group who's politically motivated and may be loud, when you vote the house and the senate to vote on it, the majority has

i appreciate the importance of the ex-im bank to boeing and other companies and to u.s. exports. having said that, that's one of those issues that there's strong views on both sides. i expect to do what the president instructs me to do when he instructs me to do it. senator cantwell: you don't think as part of our trade agenda, you think we can be successful without an afwressive credit agency approach by the u.s.? mr. lighthizer: i think we have to do everything we can to encourage exports. having said that, the export-import bank is a -- is a -- it's issue and i not an issue i worked in personally. senator cantwell: can you define sensitive, since i'm running out of time? mr. lighthizer: sense ty is, people are strongly for it and strongly against it. normally when i'm not informed and the administration will make a policy, i'm better off waiting for the administration to make a policy. senator cantwell: when you allow the house and senate to vote on it, the majorities in both have supported it. so the notion that they don't have major support is being held hostage by a politic

so yes, i think boeing always had a great move and i really like boeing but people should look at united technologies. broke a lot of news in my interview. >> we'll talk more about that when we get to the other side of the bell. we'll keep an eye on it. stay with us. we start the week trading in just a few minutes. say carl, we have a question about your brokerage fees. fees? what did you have in mind? i don't know. $4.95 per trade? uhhh. and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $4.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab. please repeat the objective. ♪ thrivent mutual funds. managed by humans, not robots. before investing, carefully read and consider fund objectives, risks, charges and expenses in the prospectus at thriventfunds.com. >>> you're watching cnbc squawk on the street live from the financial capita

boeing announced these cutbacks in december and offered the buyout by reducing its workforce and theommercial airplane uni unit. >> jon: we are awaiting a speech by vice president mike pence, who is in wisconsin at this hour, talking and listening to small business owners. meanwhile, we are learning mr. pence used a private account when he was governor and it was hacked. at times, he discussed sensitive matters and homeland security issues. the vice president's office pushes back saying "similar to previous governors, mike pence maintained a state account and a personal email account. when he concluded his time in office, he directed outside counsel to review all of his coming occasions to ensure that state-related emails are being transferred and properly archived by the state in accordance with the law." let's bring in jamie weinstein, political commentator and contributor to the guardian, pablo henriquez. thanks both of you for being here. pablo, what, if anything, has former governor, no vice president mike pence done wrong here? >> everybody knows that mike pence is a hypocrite

boeing at the back. we're back after this. ♪ mapping the oceans. where we explore.rotecting biodiversity. everywhere we work. defeating malaria. improving energy efficiency. developing more clean burning natural gas. my job? my job at exxonmobil? turning algae into biofuels. reducing energy poverty in the developing world. making cars go further with less. fueling the global economy. and you thought we just made the gas. ♪ energy lives here. duexperience our mostand perefined models ever.t, including the ls, lx and es. experience amazing. know you have a dedicated advisor and team who understand where you come from know you can craft an investment plan as strong as your values ♪ know that together, you can establish a meaningful legacy with the guidance and support of your dedicated pnc wealth management® team. >> here's what's happening at this hour everyone. commerce secretary holding a joint news conference with mexico's economic minister. he will issue a letter to congress in the next few weeks informing them of his intent to begin renegotiating nafta. >> but wh

a boeing 737 eruptflaming infer. so while landing the plane swerved off the runwghay, wing tarmac likely starting the fir flightitut serious injuries. the airline says the pilot's expertise and professionalismis major incident. >> incredible. glad everybody was safe. washin donald trump wases on display as the president reached out to spouses to the white house for a about face.ffair and making >> and i know that we're all going t mn health care. that's such an easy one. i have no doubt that's going t i think it will actually. opefully it will start being really wants the same thing. we want greatness for this countrve. so i think we're going to have . right, chuck. i see chuck. think that will happen. >> the president waseaking to c4 hours prior had announced trump court pick neil gorsuch. senatos who announced decision to vote against trump's administration comes under more scrutiny for it's possible ties to ter a new. it has the u.s. authorities now asking questions. we j tracie potts live in washington and tracie

and named aerospace like boeing his highs. he talked about putting a deregulation task force inside every agency. the biggest beneficiary would be banks. the kbe. they paid the highest level since 2008. then he reiterated spending $1 trillion on infrastructure to a private public partnership. no time frame but infrastructure stocks that have been languishing got help. he talked about giving states flexibility on medicaid. had they were also up on the day. trump didn't offer more specifics but the forcefulness of the speech implied he could accomplish his goals of lower tax and regulatory reform and that's why the markets were rallying. at the new york stock exchange. >> so let's turn now to david for more on today's stock market rally. he is the global market strategi to see you. welcome back. >> let me get your reaction. i think you heard the things he laid out. do you in general agree with what he laid out? what's your impression of the market today? >> i do agree. one, trump's speech was very well received by the markets. t