let's ask lauren goodwin. nice to see you again. what is the playbook now?we need to do something different because of what he said yesterday? >> you know, the market took powell's comments as a surprise. we saw the rate cut move to lower probability, but i don't think a lot has changed here. the economic data is pointing to being a little too hot for the fed to move assertively. we believe the next move down in rates and therefore needing adjuration is moving away. >> one from today said i'm staying with march. most people have bumped it back to may. some still have june for the first cut. does march even matter, or is it the fact that cuts are coming ? ultimately that matters more than may or june? does it matter? >> conversations matter on the margin but for a balance investor portfolio, it is all about the top rates having come in and we are seeing cash move off the sidelines as investors recognize, hey, it might actually only be six more weeks we have to lock in yield. >> let's talk about that. yesterday right after mr. powell finished his news conferen

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thank you so much lauren goodwin. i forgot to officially think liz young too for being with us. we have two mystical for the closing bell. >> you got a lot of people in this show today. let's talk about the maker of cornflakes and flukes. seeing its shares climb higher despite the sellout after posting the sales that beat all his expectations. this would be wk kellogg which was spun off of kellogg last year. even though the company did beat, they did drop a q4 sales. they are pushing back on recent price hikes, and they're looking for bargains instead. that's a trend worsening with general mills. you can see shares of 7 1/2%. marriott falling despite beating a mental analyst estimates. it was weaker partially due to a higher tax rate. this was according to management. but, the management cfo dennis and the writing so that she expects slower, but is still growing leisure revenues this year. shares are down almost 6%. >> all right. thank you very much. we will see you soon. utilities. they're getting slammed today too. energy relics he. everything is red. i can understand. yields

i'll see you on "closing bell" and see if we can make a run at that all-time high for the nasdaq lauren goodwinan ova. susan, finals, what do you have? >> thermal fisher, tmo it's a health care company that applies a lot of technology to the device industry and it's coming back from its covid low >> shannon >> reits, much more attractive >> all righty. and josh brown >> sahara. really like this name. >> i'll see you on "closing bell." for now, "the exchange" begins next ♪ ♪ >> thank you very much, scott. welcome to "the exchange." i'm dominic chu in for kelly evans. here's what's ahead on the show. today's key inflation data still ahead of the 2% mark, but that's not stopping our next guest from playing offense. what he's doing in a more nontraditional way and from the housing shortage to on shoring to america's aging demographic, there's a reit trade to take advantage of all that we have the names and the one trend our next guest says is especially bullish in that sect