and he's with dave calhoun of boeing phil >> who's getting a chuckle out of you two today dave calhounceo of boeing, joining us on a day with better than expected earnings, narrower than expected loss, revenue better than expected, but the free cash flow is what i want to talk about $2.5 billion the street was expecting $114 million what did analysts not appreciate about the quarter that had their estimates so low >> it's a reflection of the strong demand market that we have been talking about more quite some time. everybody will recall, we had a big order with air india that needed to get finalized. riyadh air, the saudi kingdom, and then ryan air, even, are all deals that were fine finalized in the quarter and the advance payments that come with them are what show up we can't time those perfectly, and we can't predict when they'll be, but somewhere between the second and the third, they were going to happen, and it's happened. >> let's talk about the 737 max. you're transitioning it was 31 a month. you're in the process of going up to 38 a month that reflects your confidence in the s

what is interesting with dave calhoun, the ceo of boeing, i think the stock has much further to run then it has. six, no need for the service here he. decent numbers. my favorite is palo alto networks. the superior offering. palo alto is a huge favorite. seventh infrastructure does not quit. talking about climate driven investments and alternative energy, i think about tesla. and now not being able to talk it out. i like caterpillar and the steel company. as much as i dislike the chinese government, i like the chinese economy. still one more attempt to come back. that means you can buy starbucks and winn resort and casino company. don't trade at apple. i think the chinese communist party is doing everything it can to make the economy stronger. it has not succeeded yet. that means that it will keep trying. supply chain normalization finally taking place allowing many companies to deliver good numbers after a rough time because of covid. boeing talked about how the supply chain has gotten better. stanley black & decker. the supply chains have improved. same goes for coca-cola and pepsico.

. >>> plus be sure to catch nbc c's exclusive interview with boeing ceo dave calhoun at 9:00 a.m. on "worldwide exchange." back after this. power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley. power e*trade's easy-to-use tools make complex trading less complicated. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. all around the world in london, we just hit on it, two controversies, one involving a prominent football owner and another involving a bank hong kong, at the end of the day they're just getting starting. down in dc, ftc looking at am amazon's business, possibly looking to break up the company. >>> time for your w.e.x. wrap-up. pac pacwest is up, banc of california up double digits as well shares of wells fargo up after the bank said it would buy back 30 shares of

we will talk with dave calhoun.he board and the first time in two years they have done better than analysts expected in terms of earnings. a lower than x back to the loss of revenue and cash flow. >> okay. >> thank you. >> the monetary policy meeting kicks off today. we bring in dennis lockhart who is a professor with the school of international affairs at georgia tech. dennis, thank you for being here. i am guessing -- >> good morning. i'm guessing you think they will raise rates just like everybody else in the world? >> yes. a number of voices advocated that and there was very little pushback on that idea. i think they have to follow through with that today. >> you have been in the room before. what will they talk about the day and what will they be checking out and what are the considerations about weather they raise rates again? >> i expect there is discussion about what is the real underlying rate of inflation. inflation is a month to month with lots of noise and trying to discern exactly what the underlying pa