built for business. >>> guest hoset, jack welch of the jack welch institute. got -- i know you -- ge wasn't it for how many years. >> 21 years 20 years. >> first book was straight from the gut? >> yeah. >> the second one was -- >> winning." winning. you said that before charles. you always had tiger blood. now another one april 14th. >> yeah. >> big day. >> "the real life nba" the no bs. >> generally -- >> the no bs guide to winning the game building your team and your career. >> all three things. >> like the other book? did suze right this. >> more than ever. >> she's on the cover. and the book's are better when she writes them no question. >> we've noticed that. noticed that. >> everyone else does too. >> what's the book about? breaks it down? >> yeah in the first section, it -- there is no word of ge it's my experience over the last 15 years with barry diller in the internet space and with my experience with private equity. and suze and i have spoken over 1 million people since that time and audiences around the world. so it's -- always q&a. we've got a lot

jack welch said the same thing today. anthony scaramucci has been saying that for months. you think there will be a rate hike in sometime in summer, july, august, around then. if it doesn't happen are we in trouble? >> i don't know if we'll be in trouble but, gosh, i would like to see them stick a marker out there, perhaps 25 basis points, 50 bisys points. the reason i would like to see that, i want to see reaction in the market. i want to see how if things get jolted -- david: want to see if we can stand on our own two feet? >> yeah, exactly. it might really support us and actually catapult us into the next growth period. we need to get back to a normal economy and that's not going to happen until we get rates back in line. we need to drop a marker and we need to do it this summer and i think for the credibility of the fed too. they need to follow through with it. if they withdraw, it could potentially cause more fear in the markets and we could see some bad things happen. david: well, they may in fact be in a trap already. that may be one of problems but we shall see. ro

. >>> jack welch said the fed would be insane if they did this one thing. you what that one thing is, coming up. >>> it's all about oil, oil, oil, the final trades will be crossing as we speak. we'll take you live to the new york merc when "street signs" returns. ç >>> you'd be crazy to raise rates with the dollar where it is. it would be insane to raise rates right now. >> that was former ge chairman and ceo jack welch on "squawk box" earlier today. he's not the only one saying this. >> let's be clear. he's the only one saying it in quite those terms. insane. >> crazy. >> i called around to a bunch of folks this afternoon and this morning, saying is the fed crazy? one person said jack is exaggerating a legitimate point. >> a little hyperbole. >> lou said to me, he's not the only one, lou said the dollar and the appreciation of the dollar is the main reason why he moved out his forecast for the first rate hike from june to september. and here's what happens. what happens, it's all through the trade channel, mandy. what happens is exports become more expensi

but do you agree with jack welch, the fed would be insane to raise interest rates because of the dollar the way echoed by the ceo of caterpillar. >> well he may think the fed's insane but the fed's ready to move around midyear. it may slip a little bit from that. but what the fed is saying on the domestic side of the economy, the ism, nonmanufacturing survey confirms this domestic activity quite strong consumption fairly solid. labor markets are healthier, and the fed's making a decision not about how it's used the data today but how it's used the economy 12 to 18 months from now. so the economy now may not be as firm or solid as they want it but don't see zero as right rate on the federal funds rate. further progress should mean mid-2015 remains the right guidance. >> does that mean you're not concerned about the misses that we've seen lately? i think rick santelli named a few, factory orders, ism manufacturing, not to mention fourth quarter gdp which came in light. those disappointments don't get you concerned the momentum is fading on the u.s. economy? >> no. certainly the fourth qua

on same day jack welch said they weren't raising rates.thony scaramucci say that time and again. to hear warren buffett say. that you can pretty much bank on that if you hear warren buffett say it as well. let's go to adam shapiro. we had interesting day with the markets. really in the red when we were in the frein, there were own green. only three stocks keeping it in the green. that was disney, home depot. a lot of what is happening has to do with oil and energy sector getting hit hard today. >> oil and energy sector. oil traded over $50. it was $50.08 a barrel. within a couple hours we were down below $50. trading in the after-market below $48. transocean, conocophillips, exxonmobil, they all traded down. david: what is bad for energy is good for airlines, no exception. >> good for airlines. they were all up today. [closing bell ringing] delta with a new partnership with starbucks, david. david: meanwhile the bells ring on wall street. very close to a flat day for the dow. it managed to eke out green arrows but just by a nose. again thr

when jack welch can come on and say that in his career, he's never seen such an uncertain period, whatm i going to do, say i have it dead on? what i can tell you is ultimately you've got to try to convince me a crash in energy prices, a sharp decline in interest rates, higher consumer confidence, and banks willing to lend, if you convince me that's negative for the market i may change my view. but i think the data backs up that you want to expect much higher prices into the end of the year. we're going to get evaluation acceleration somewhere in here and we think it's in the back half. we've always felt that way because we've expected the fed to raise rates in 2 q. >> tony, it's josh. so i -- >> hey, josh. >> i agree, i don't have the same perspective that mr. welch has obviously over decades, but i would argue we don't want mass certainty because that's when you're paying 26 times for stocks and probably all the upside is gone. that's not a negative. i want to talk about mid-caps. we spent a lot of time focused qqq. mid caps look like could happen today, they will be the first major a

buffett and jack welch disagree. mark sebastian at the cme. i want to start off with mark. the market was juiced early on by the belief that the greeks will work in the parameters of the previous bailout deal. the markets like that. we got a john openings number, the jolt survey. what was enough to push the market higher in the last hour, mark? >> to 60 in the s&p 500 had been kind after resistance point. we bounced off that three or four times. once we saw 2050 we saw shorts squeezed out. that drove market higher into the afternoon. we bullied our way through the last major resistance point. the question is can we hold here? if all goes well tomorrow, might finally hit the 2100 in the s&p five you've been looking for. there is good chance things could go awry tomorrow and we could be back to 2000 relatively quickly. one thing i would note. this is really astounding, last three months rallies have been much more volatile than selloffs. we probably are you there the big jolt of a rally. so i think the kind of two scenarios we're seeing maybe an ease lower or ease higher from

we had jack welch on one of the shows this year and argued one of the companies that have been dyingo go more international, more international, over the past couple years are suddenly glad they have anything domestic. has it changed your view in what it means to be an overseas company? >> no. you know, about half of our business is overseas, half of the business is domestic. and we like that balance. listen, right now i'm loving our u.s. business. it's really strong. it's even stronger because we have travelocity bookings inside our fold as well. i'm happy we a domestic business that's healthy absolutely, but we're going to continue to invest internationally. it's an opportunity because every dollar that we invest now goes further internationally, some of the international companies may be a little weaker and we'll take advantage of that an we think we can balance kind of these short-term investments we can make to drive long-term growth, regardless of currency. our outlook for the year going forward was, ebitda growth of 10 to 15%, not including china, that's a good growth rate to

. >> you have people like jack welch and warren buffett saying how can you possibly tighten rates thisr with europe looking way it does? >> that is good point. analysts come on the bismarckket look to the european markets because of their stimulus program. that is where you will make money. at the same time you can't bet against the u.s. every year the couple of months that we've seen this trend, 2014 and 13, we have seen pressure on u.s. markets, give it a multitude of reasons, whatever it was. second half of year, last two years, looking incredible growth for u.s. markets. i wouldn't bet against it. liz: still looking at my computer. tesla numbers not out yet. the second they come out -- >> michael i want to bring one thing to your attention the fact the fed has been talking about raising rates for years. the fact of the matter. they're not raising rates. they can't. global headwinds are too great. >> i agree they can't but they will give it one or two tries for sure. >> stocks will tell you when they do and they haven't done that. liz: guys. we've got to more. we have more to argue

jack welch taught me in the late '90s, said john, you have a very good company. i said, what does that mean? he said you're not a great company yet. i said what does it take? he says it's when you have a near death experience and come back. he called me up at the end of 2001 and said you have a great company. i said doesn't feel like it. jeff basis will go through it well, too. most companies when they go through it 897% of companies will have a serious setback this next decade, only 11% come back from it. >> rose: what influences you the most? where do you depend for your information sources? and i mean by that in terms of what guides you as you make decisions? >> yes. >> rose: for your company. i think we do three things. we think about being customer-driven. but they'll tell me who to acquire, when i'm doing things right or wrong. >> hunt: what your competition is doing too? >> yes, they will, if you listen. then we say how do we differentiate ourselves. so as an example this last week, i probably met with 50 individual meetings some with government leaders, t

we talked to jack welch this week and he said he thinks the fed would be crazy to raise rates at thisf the strong dollar and what that means for companies here. i hope you two can weigh in on this. tell us has the fed done a good job to this point and what should they be doing? congressman? >> as i've seen it, those saying the fed is behind the curve don't think the fed should have thrown the pitch in the first place. that is, i think there are few people who are supportive of the direction they're taking that think it's now time to pull the plug. >> but you have heard people like larry fink who was supportive of the fed for doing it that now said it's been an awfully long time. >> it's been a long time but with no negatives. i don't see any of the indications. i mean obviously there'll be individuals. but if you thought they were right from e the beginning, all the reasons for starting are reasons for continuing. one of the things i think they've shown is and i think this is accepted that people were afraid once they started they would never stop and it would snowball out of control.

. >> the jawboning from jack welch, caterpillar ceo in recent weeks saying please don't, the last thing interest rates, is it going to affect the curve? right? if you look at germany, as an example, with the ten year bund under 50 basis points bushing on the springtring by having a qe program. they'll try to start the process of raising rates and once they do, they'll look at the marketplace and see what it tells them. >> right. some say it would be a symbolic gesture, right. >> totally symbolic. >> one and done, we're not asleep, yes? >> correct. again, it's 0 to 25 if you go to 25 you really raised rates? that's something people will debate but it will happen. >> as far as jobs we mentioned in theent duction to the segment, expecting a solid jobs report continued improvement. >> i agree, i think plus 200,000 jobs created. i think over the next six months we'll continue to see strong jobs growth. but it's really about the international marketplace and it's any external shocks as far as financial products which will drive really what happens in the jobs market. >> all right. we will see

her fourth coming book "the real life mba" was co-written with her husband, jack welch, a legendary mentor to future ceos in his own right. also with us the award winning journalist and author duff mcdonald, whose biography of dimon is called last man standing. welcome back to both of you. suzy, let me begin with you. is the notion that jp morningan chase and jamie has minted several ceos now at standard charter, at first data at visa is that a sign that he is a great mentor or that he is deficient at finding ways to keep and retain key and talented executives? >> i think it's a sinl that he is a great leader. i mean as leaders, what you really want is to grow people and to make them into leaders themselves so that they can bring up people underneath them and i think that every leader gets -- every good leader gets really turned on when their people grow and sometimes that means that they grow and stay with you, and, of course that's what you want. you want your place to be where great leaders stay but sometimes they reach the top, and they're not going to be ceo, and so for people who wan

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