kkr henry mcvey will get his insight on the opportunities in small-cap and a.i.a big tech battle as microsoft microsoft to be the world's most valuable company in the a.i. revolution could be a game changer. later we will take a look at the resilience of big oil in america. we begin as always with three things investors are to be taken about right now, stocks rallied in response to a strong economic data and expectation for march are fading but the market seems unfazed. netflix shares are soaring after a stellar fourth-quarter earnings and a major boost to subscribers, will take a look at the streaming services prospects. finally the boat we backlash mounting, travelers are fearful of flying on 737 max, united, and faa is blocking boeing from increasing production. investors will watch earnings closely next week. on the "barron's roundtable" ben levisohn, elizabeth o'brien and jack hough. the s&p just missed closing at a record high. there was another winning week for the market, why does this rally keep on writing? >> it's the economy stupid. >> he already calle

what is it safer private-equity firms like kkr looking to take the bodies public?find exuberance they're looking for? amy: this is the first private-equity-backed ipo this year. they are in the pipeline for a very long time. have not really seen those companies being brought out, and definitely the urges for them to bring companies out, because at the end of the day you need to recycle the money. there is a strong pipeline out there, but there is also, do you want to bring companies out when they are not ready or when they are not -- we have to think about companies that are brought by private equity. generally more levered than just potentially average companies. they have to address investors' concern as to how to bring the leverage down and have a clean and a nice book to show investors. sonali: what is in the pipeline? what are the companies people are most excited for the coming weeks and can they make it through? amy: next week, a maker of rackets and sports brands, that is going to be a very nice one to look at. remember the last prop of ipo's -- birkenstock

>> where kkr would differentiate is around the labor market.different behavior pattern from employers with their employees. citigroup aside, generally people are keeping their employees on the payroll and there's some real demographic issues where we do business. in areas like japan, germany, even the u.s.. or when you find quality, labor you stick with it. >> one of the elements of, if you look back to that famous soft landing i keep talking about in the mid 90s, was the fed sort of allowed the labor market to be stronger than they thought it could be. with inflation staying tanked. have we stuck that landing here? banks around the world seem to be making the turn. >> if you think about in 2022, almost 90% of the top 25 central banks were raising rates. today, that zero. an incredible statistic. do you want to be rolling but rock up the hill in terms of headwinds or rolling it down? our view is it will be a better environment. we are less bullish on average is going up in the way they did in 23. the messages that the cost to capital, the diffe

sonali: people think about oaktree, kkr's of the world as private credit giants but the reality is you. how do you think about opportunities public versus private? david: a lot of due on the public side. liquidity has become a popular thing again. a lot of people put them to the private credit side because you were getting paid extra because you need that extra because yields were not that high. now that yields on the public side get higher, that will become interesting, too. there is this love affair in the market with private credit. mark to market. if it doesn't mark to market, that means that you always have to buy at par. on the public side, there are times when you can buy on $.80, $.90 on the dollar, you are buying on the discount, and that gives you upside. you are going to earn more than your yield. i think there has been interesting opportunities on both sides of the fence today. sonali: how do you feel about how people foresee returns public versus private? qr did a study that said high-yield would get you 3%, robert credit, 3.6%. not much of a difference, but does that mean

he now advises civilian and military leaders as a partner of the global investment firm kkr, and he is the nation's capital. general petraeus, welcome to the program. all of those things i just laid out, all of that stuff we have been watching this week, the dangers in the middle east, are you concerned now that it could start spilling into a wider war? >> well, i think you have to be concerned, christiane. in fact, the way i would characterize the overall global situation is that we face more challenges in number and more complex and more dangerous chal challenges than arguably than at any time since the end of the cold war if not the end of world war ii. it is a very, very dicey situation out there, as you characterized it. >> so that's pretty, you know, pretty dramatic language in comparison. so from your perspective, from the u.s. perspective, what is the most dangerous or can you not separate them? >> well, i think it is hard to separate them because in a given day one will emerge as more challenging at the moment than the other, but i think we can never lose sight of the most imp

expect the pe firms, blackstone's, kkr , carlisle's to be active in that same area or in other lines? lot of activity in tech and healthcare as well. >> were in tech are you seeing? the big tended to get bigger in these circumstances. >> a lot around ai, trying to get an earlier in ai. >> a i would be the area to look at. who will be the active buyers? let's talk about tech most specifically. will it be the big whales in the business, the meta-number alphabets, amazons, microsoft or whom? >> i think it will be the big ones. they still have a robust m&a pipeline whether they are acting on it right now doesn't necessarily indicate that the pipeline is in there. there is an active pipeline that they will act upon when the environment is right. >> the big guys will be the acquirers virtually anybody could be the acquiree. i assume, i don't know this to be the case, i assume if you're looking at life-sciences, you are looking not only at large pharma that may be having a pipeline dearth, trouble so they are buying drugs but it could be other companies as well, couldn't it? >> the are looki

and he then served the director of the cia, and he is currently a partner of kkr and chairs its global institute. and lord roberts of belgravia, also known as andrew roberts for year for the name on the book, is a biographer, a historian whose books include bestsellers about winston napoleon and george the third. certainly people that you know, you can think of. i don't him doing something you know something as small as like martin van buren or something like that any time soon. he's he's a fellow no fence smarter than his in his and his ancestors. he's a fellow of the royal society of literature and the royal historical society. and but most importantly, he is a member, a proud member, if i can say, of the international churchill society's board of directors. gentlemen, thank you very much for your time and for being here this evening to with you. thank you so. andrew, i'll begin with you. pretty softball question. how did this book come about? and could i just my reply to that by saying how it is to be back at the national churchill leadership center. you are a great director. the ic

we should say is owned by kkr, and you made calls giving your stature in the world, and your relationshipsle, that most people have no access to. when an article is published about them they don't like. >> the first thing we did, first thing i did, was call someone i knew on the business insider board and why we're going to stand up to this organization. unfortunately, businesses -- i'm not the first person business insider or my wife is the no the first person, they've gone after falsely accusing them of something criminal. okay? or fraud. because my wife, accused my wife of fraud. twitter, if you will, x, is it willered with everyone in the world talking -- >> but they've accused of being a racist, a liar. people accused you of fraud. you care about free speech. >> i do, first of all -- accusing somebody of fraud is a very serious thing, but you're right. the average guy is not going to pick up the phone and call henry on the cell phone or texas, which i did. shouldn't have to be that i call -- >> henry -- >> didn't reach him so i sent him a text. sent him a text saying i'd like to talk

at the nasdaq, bright spring, kkr-backed home and health care services celebrating its ipo >>> regardinglot of seasonal factors argued gasoline goes higher from here houthis attack the "uss carney." >> i've been a believer that oil held at that $70 level, and it can go higher. i would say that the lng, the decision to delay these plants, these are long-term projects you really can't do what the president did if you're going to encourage long-term projects in this country i totally understand look, there's people, i'm sure david has a view about whether or not if you put so much infrastructure in for nat gas, if that doesn't hook people on nat gas. but there are other people who say, energy security dictates this is a good thing russia was 80% of the nat gas supplier to germany, and then it cut to 20%, but this pause of approval has shocked people who are spending fortunes building these incredibly important points >> there's a lot of business models built on the idea of increasing exports, and these are the export terminals that we're talking about that would go potentially all around th