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jeff gundlach -- think she will put the brakes on some of the more hawkish fromments we have heard membersthe fed. you see a little lift in stocks today. revisions,latest gdp showing growth of a 10th of 1%. and in the past few moments, we got the final numbers from the university of michigan consumer sentiment at 94.7% pay the prior read was 94 .4%. this is the final revision of that number. that's look at what sectors are in the move in the s&p 500. today,is the laggard donald oil prices, but otherwise, consumer discretionary financials coming back after losses yesterday. health care and technology trading higher in today's session. on the downside, we have energy and oil prices pulling back the second day. down below $49 a barrel as investors look at the recent lift in oil after it got about got above $50 per barrel. it could not sustain the game. apple is lower as well. .he stock downgraded to mixed it is not seeing big declines by is down about one third of 1%. analysts say in china, the company is that costs -- had iphones, but that has large jim and through to the second quarter. tha

. >>> we have a news alert on jeff gundlach. >> the ceo of double line capital overseeing $75 billioners that gundlach said the stock market is dead money in his words. he says this week's rally so far feels more like a short squeeze to him. he said the stock market is not incredibly healthy. he's still predicting a 50/50 chance of a june rate hike by the federal reserve. we should point out that gundlach at the end of april, just about a month ago, he suggested that helicopter money drop could be the next fiscal stimulus move for the u.s. economy. looks like a big reversal there. >> thank you, susan. i'm not going to go to you, or you. it is music to your ears when you hear jeff say it's a short squeeze, the markets are not healthy. >> somewhat. i can't believe you used the expression short squeeze. where did we see the rally today? we saw it in low valuations in terms of tech and in the financials. those are the two leadership areas. i don't know. it sure doesn't feel like that to me. it feels like a rotation. the grinding of the s&p. that's still in place. but it doesn't feel like

that's doubleline capital ceo jeff gundlach. you need to watch this tomorrow 8:00 p.m. eastern.foe to now friend? once a gop presidential hopeful, former virginia governor jim gilmore ran against presumptive nominee donald trump as a rival until he dropped out of the race on february 12th. the former governor never really endorsed a candidate, now the question is will he do it now? will he vote for donald trump come november? former governor jim gilmore. easy question for me, maybe harder for you. will you vote for donald trump in november? >> liz, i will vote for donald trump. as a matter of fact, in virginia, i've been asked to chair the registration the get-out-the-vote effort, i'm doing that. liz: wow. >> very well aware of what hillary clinton presidency would be like. we don't want that. it's important for the republicans to win in november and hillary clinton not be president of the united states. liz: but you had fundamental disagreements. you can obviously get over those? >> sure. i understand very well. as a matter of fact, i was the first national candidate to diverge

jeff gundlach yesterday was saying short utilities. about all of those calls in just a minute. , lot of earnings moving individual names, mark topped even as sales revenues fell -- merck topped even a sales revenues fell. the stock is down to and a quarter percent. tesla brushed off a q1 net loss as they announced a production plan that will speed up the 500,000 car a year goal two years by 2018. investors look relatively confident. tesla shares up about 1%. the rest of us are pretty skeptical. fitbit is hurting after saying its earnings will miss estimates. fitbit getting absolutely pummeled in the open, down 13%. alibaba reported its fastest revenue growth in four quarters as they cap spending even as the economy slowed. 423 milliond over active buyers, one of every three people in the most populous nation. they missed earnings by a lot. in ass what they came opposed to 3.52 but investors are shrugging it off. david: moving from high-tech to oil, chesapeake outperformed expectations and slashing jobs, pledging more than 90% of its as

some on fox and writes about double line founder jeff gundlach and what he said was, it is going to happenyou are going to get a reagan response with donald trump. he told a crowd in new york said, he promises a wall, he promises to bring jobs back, and he promises a lot of infrastructure spending. it -- trump is extremely comfortable with debt. this is how you spend your way out of austerity. this has been the last $48 -- 48 hour bench of trump analysis, a lot of it will be embarrassing for a month and six months from now. but mr. gundlach is dead on now is that under republican administrations we end up spending money than republicans would like to admit to. it is not just about president reagan, it is about other republican presidents as compared to the published frugality of democrats. what i'm talking about is a real delicate debate in the united states, but clearly there is a zeitgeist out there that given a republican presidency, this big it gets opening -- opened -- the spec it gets opened. if it hasi wonder changed since we had the debt crisis in europe and whether people will loo

bond king jeff gundlach says he feels this rally is nothing more than a short squeeze.e'll debate coming up here. >> weak numbers from tiffany and express hit the market this morning. but there are three retail stock market with momentum right now. tiffanys now kind of hanging in there though. >> and delta is looking to make those tsa lines shorter this summer. phil lebeau is live in atlanta with details. and he's going wait on a tsa line for us. >> team player. and the one stock in berk sher's beneficial she doesn't agree with.shire's beneficial she doesn't agree with. >> what could it be? we'll find it. steve leisman looks at the improving economic data we've seen. and jackie deing angeles is following stuff. and more. >> two development that is the market has taken notice. first decline in the worst fears of the global economic melt down and u.s. recession and global financial systemic risk and that is because of the improvement in the economic outlook of the data here. let's look at what's happened for to the outlook for gdp in the second quarter. first quarter a me

bond king jeff gundlach says he feels this rally is nothing more than a short squeeze.ate coming up here. >> weak numbers from tiffany and express hit the market this morning. but there are three retail stock market with momentum

jeff gundlach is equally unvarnished on stage. full of opinions.comes at a time when the bond market should be poised for better returns and a higher interest rate environment if you get away from energy and certain municipal credits. he was prescient last year with his advice to avoid junk bonds. another player to watch. zach schrieber. he never does press but his sohn presentation two years ago, i still remember, a thesis on wti crude versus brent. he was right on the money, saefr essentially. he really called it. and he looked at the two futures contracts over kind of like a three-month, six-month and further with like one small exception to his overall recommendation he was absolutely right. he knew it was time to go short. >> what's ely's specialty? >> i think he is there for fun and to provide variety. >> we had him there with all the faces. it doesn't say anything. it just said manning. >> they bring somebody who has an interesting outlook on sort of how the mind works. >> given the hedge fund performance the last couple years, i have no pro

. >>> jeff gundlach says the fed is facing a hawkish rebellion with more fed members warning of the dangerse is a 50% chance that the fed will only raise rates once this year. >> the other 50% is not at all. >> apple investing $1 billion in the chinese ride sharing service didi chuxing. tim cook saying the stake will help apple better understand the crucial chinese market. >>> uber ceo responding tweeting, my girlfriend owns apple shares, which makes her adidi investor. #shaking my head. #thanksalot, tim. >>> we talked a lot about amazon this morning. we talked a little bit about walmart. maybe both those guys should move over you have to meet a company called wish, the largest shopping mall in the world that happens to be on your phone. wish features 200,000 stores that add 400,000 products a day. now, the $3 billion shopping app services 5 million customers daily and grew over 200% last year. wish is backed by pretty good names including tech investors like yuri milner and peter tiel. he is here because barry sternlicht is an he investor. the ceo joins us now from francisco. peter szulcze