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i can tell you that david rubenstein who runs carlyle really liked her.d not want to lose her -- liz: this was a win for the nasdaq? >> it was a big win. everybody i've talked to that knows her, and i have friends of mine who are head hunters in this space, very close friends, speak very highly of her. liz: and you think she can handle the issues that we know do pop up at the nasdaq, i mean, the technological issues and also grooming or at least wooing ceos? >> right. i would say this, bob greifeld is a very good operational ceo. i'm sure he grew into that job a little bit in terms of the wooing and the sales, just the sales part of that job. liz: right. pick us, don't pick the nyse. >> and, you know, obviously, he's doing a good job with it. i think the next three years will be how she gets groomed to do this. i would think if it wasn't -- if she had more experience, i mean, they didn't go and pick a traditional ceo, right? maybe that time frame would have been shorter because people want to run the place. that's why you get a number two like that. but i

he will talk to the cofounder of the carlyle group, david rubenstein. that's coming up tomorrow. past the hour, so that means number television is on the markets. scarlet fu has more. >> u.s. stocks are little changed on this final day of the second quarter, fluctuating years -- for joining your record highs. the s&p is on track for its largest wretched quarterly gains in 16 years. our guest, a derivatives strategist. we were talking during the break about how quiet it is out there and how little volatility there is. that's the debate of the moment. last questionit mark >> our work suggests people had to strap in because we are set to see low volatility for years to come. we've looked at a low volatility regime that began in 2013. historically, they last about five and half years. if you project that from where we are now, you're talking about another four years or so of u.s. equity volatility. keep in mind it's incredibly low historically across asset classes and geographies will stop >> will equity volatility remain low even if equities start rising? >> if you look at the vix,

also, we are talking to david rubenstein of the carlyle group on a day when his private equity competitormuch in the news. so a lot being discussed in the hallways, guys and also on the program, the closing bell, coming up. >> where all the action really is, in the hallways, the water cooler, over dinner around the hallways. thank you so much. looks beautiful, look forward to the show, kelly evans. now talking numbers, our look at a stock technically and fundamentally, today, kur rig green mountain, one of the best performing stocks on the s & p 500, leading stock in the 100 year to date. up 65%. the shares continue to grind higher or is it too late to get in? start talking numbers. aaron gibbs on the fundamentals, mark mune, on the technicals. thanks for joining us. mark, start with the charts here. the stock doubled since november lows, is there more room to run? >> short term, the stock can make progress on the upside. a lot depends on the timeframe, a short-term trader, i think the stock can get up to 135, potentially 140. two charts put this in perspective, someone a daily chart, loo

the cofounder of a private equity firm carlyle group, david rubenstein. also drew faust.lling a biography of steve jobs. that is it for market makers. ♪ >> it is 56 minutes past the hour. bloomberg television is on the market. have a mixed breed in terms of the major indexes. the s&puctuating with 500 and dow on track for weekly decline. we had economic data showing consumer confidence rose in june. the backdrop is interest rates could rise sooner than traders think. optionsme for today's inside is the chief risk strategist at the chap would fund and the bloomberg guide options. good to see you again. let's talk about a volatility because the s&p 500 is down. .itting at a record high a volatility continues to come down. how do you reconcile that?, we have been talking about this all year. we started out with a little bit of fear. even just a month ago fear was building. we had the iran conflict building in more. more puts were being bought. really active in last week's meeting was a reversal. they are getting cheaper. i was looking for bigger movements in late august and

money or is it just as happy -- doesn't believe the money does not need to be spent until the david rubensteinsr steve schwarzman's can find something worth buying at the right price? the smart limited partners would rather have them wait until the opportunities are right and values are low and they can really get attractive transactions. sometimes they fall into the trap of wondering why are you investing. the smarter ones realize that if prices are high, wait until they are lower. >> how have hedge funds worked out for private equity? they were racing to build hedge fund platforms for five years ago. if you look at performance in the fund industry it is not that good. >> we have been in a period where the s&p 500 has done well. you would have done better to put your money in an index fund. people like the lack of volatility of those returns. i think it is great to be a hedge fund manager, i am not sure it is great to be a hedge fund investor. >> if you are a big firm like lack stone, which has more money in alternative assets than any other. carlyle has almost 200 billion dollars. kkr is nort