palko correct. the fed is- pau: running out of places to hide. global economic conditions set of the u.s. were mentioned. conditions within the borders of the u.s. are reasonably healthy. growth was disappointing, but the fundamental breakdown of that growth is still healthy. the detractors of growth are temporary, like inventories. or that have already been dealt with partially, like the dollar strength which in the last three months have turned the euro dollar weakness. a very high probability, will have nothing to do but raise rates come june. june --: do you think if you are a bloomberg user, you can check the w.a.r. p function. -- w.a.r. p function. -- xarkets are mispricing line -- pau: the market is underpricing. -- mately francine: you're telling me they're made by the end of year or the next 12 months we will get helicopter money. why would the u.s. and chair yellen put herself in a play where investors play the divergence card? pau: because it is all about credibility. what they are panicking about his being a behind the curve. yes they

"forbes" says pay palko founder -- pay pal co-founder peter teal funded the case. this may be a case of retaliation. josh, good morning. >> reporter: good morning to you. peter teal is one of the most respected names in the world of venture capital in addition his co-founding of paypal, he invested in facebook and linkedin. now he's making headlines for another reason altogether -- his alleged investment in the hogan trial. >> how do you feel, hulk? >> great. >> reporter: hulk hogan was a pro wrestling star for decades. he won the biggest court fight of his life in march. many wondered where hogan was getting the money to fund his expensive court battle over a leaked sex tape. >> there's a rumor that there might be a tape out there. >> reporter: paying someone else's legal bills is not against the law. according to anonymous sources who spoke to "forbes" magazine, hogan's lawsuit is being backed by silicon valley billionaire and pay ball co-founder peter teal. tees an avowed contrarian. according to the "forbes" -- teal is an avowed contrarian. article -- >> he sup

joining us now senior foreign affairs correspondent can greg palko live at charles de gaulle airportn paris. greg. >> reporter: yeah, we have been getting new information information about the harrowing last minutes of egyptair flight 804 as the air and sea search continues in the mediterranean where the plane went down. there are new clues emerging as to why the plane crashed. officials confirming ma we first confirmed late yesterday that smoke was detected on the plane. and that smoke probably came from a fire just before the blaney went down. this from data sent to the ground from the aircraft. analysts are now saying that the fire could have started in the cockpit, and the smoke spraying to the forward bathroom. and then underneath. to the important electronics bay. knocking out the control lead to get crash. so the question now is, what triggered the crash? what triggered the fire that sent the flames scattered across the mediterranean sea may be on the seafloor. was it terror or mechanical failure? experts say if it was terror, it was probably not a huge bomb. it took a couple