we are going to do that with mandy xu with cboe global markets.s is bloomberg. ♪ when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network. katie: this is bloomberg markets. it has been the calmest stock market since 2018. there is a debate over whether or not it is being fueled by the boom in option selling etf's. joining us to help find an answer, i'm pleased to say we have mandy xu, head of derivatives market intelligence at cboe. let's kick off on that debate if you are not tired of talking about it. the jp morgan view is to have this big boom in the option selling et

[laughter] alan a nutman from the cboe where you can see in these last couple of seconds, here comeswhy? we have a blue ribbon finish for the s&p and the nasdaq as trade thers wrap up for the week. traders wrap up for the week. s&p up 41, the nasdaq up 185. russell up 21. transports down 6. monday, north dakota governor doug burgum, zscaler's ceo and steve gursky. ♪ larry: hello, folks, welcome to

the cio, ceo of lashley tanker -- you are joining from the cboe, the day after ringing the bell to celebrate not only international women's day, but the launch of your own etf. nancy, how does this factor into your investing thesis? nancy: it's a tricky one to navigate, caroline. our portfolios have 3% to 5% exposure in terms of revenues to china. we have been careful about it, and the company said it is intending to underperform in the last year, companies that do have exposure to china not just in technology, but across the board. i am not as concerned about the $27 billion chip fund china is starting. that is what intel spent in terms of r&d and capex last year alone. it is a drop in the buckets, but you have to be conscious of the fact that there will be continued hostilities, if you will, trade hostilities. caroline: which might factor into whether we pull back from these record highs. nancy, the nasdaq set a record high, the s&p 500 set a record high, it's interesting that we have broadcom -- i know you have called it the poor man's version of nvidia, but there is some weakness in that

[laughter] alan a nutman from the cboe where you can see in these last couple of seconds, here comes the closing bell, there is serious activity. all that noise behind him, why? we have a blue ribbon finish for the s&p and the nasdaq as trade thers wrap up for the week. traders wrap up for the week. s&p up 41, the nasdaq up 185. russell up 21. transports down 6. monday, north dakota governor doug burgum, zscaler's ceo and steve gursky. ♪ larry: hello, folks, welcome to "kudlow," i'm larry kudlow. donald trump branding the border crisis joe biden's invasion as the president ignores the migrant crime in the u.s. and instead focuses on climate change. oh. now we're going to call illegals newcomers. we're going to ask senator marsha blackburn what she thinks about all that,s plus we've got mike faulkender and judy sheldon on -- is at a 30-year low and congressman scott perry on hunt e bide -- hunter biden's admission that the big guy was on his calls. and katie pavlich limp alan dershowitz on donald trump's eight amendment rights and other things. first up, our own griff jenkins, the gre

peter, welcome to chicago, one of the few people exchanges of the cboe. >> it is awesome. >> it is. > piece, truth or scare with respect to january data and now moving into february. we had today's jobs reports. next week's cpi and ppi. what did you think of the jobs report considering jobs were 350,000, boom, and then 167,000 in two month revisions? >> i put it in the scare category. it was underwhelming. not only did you see unemployment rise, within the jobs, a lot of part-time jobs were created and a lot of full-time jobs were lost. that doesn't seem healthy. >> we had an a discussion this morning on squawk box and it was brought up thatwhen you look towards history, many times a strong economy sees increases in part-time jobs but you said it a little different this time. >> in the past you see the economy growing so you hire people part-time and then you make them full-time. a lot of things have rolled over. travel is rolling over. you are turning full-time into part-time and that is negative, that is slowing. debt is rising again, consumers are capped out. the other thing i was