richard ross joining us there from evercore isi. after the break we've got the brand new ceo of boeing dennis muilenburg and the outgoing ceo, james mcnerney, joining us on cnbc. aring them first. charge! so why would you invest without checking brokercheck? check your broker with brokercheck. ♪ what if we finally had a backyard? that'd be amazing. ♪ hey, what if we took down this wall? ♪ what if this was my art studio? what if we were pre-approved? ♪ shut up. from finding, to financing. how'd you do that? zillow.

richard ross joining us there from evercore isi. we've got the brand new ceo of boeing dennis muilenburg and the outgoing ceo, james mcnerney, joining us on cnbc. aring them first. charge! so why would you invest without checking brokercheck? check your broker with brokercheck. ♪ what if we finally had a backyard? that'd be amazing. ♪ hey, what if we took down this wall? ♪ what if this was my art studio? what if we were pre-approved? ♪ shut up. from finding, to financing. how'd you do that? zillow. >>> breaking news in the after hours session. long-time ceo james mcnerney is leaving the company effective july 1st, and c.o.o. -- his c.o.o. will take over. i'm not sure that's strictly true. i believe he's staying on as chairman. let's get to the "fast" line and to cnbc's phil lebeau who is joined now by both gentlemen. phil, take it away. >> thank you, simon. i am joined by jim mcnerney, who is the current ceo and chairman of boeing who will be leaving and stepping down as ceo effective july 1st. and his successor is the current c.o.o

jonathan: richard ross fantastic. let's move it on. cio of london and capitalists to let us.l gross is clearly still here. you look at this huge swing and it comes back again. you think profit is coming out of the market and then you see the ipo. the government wants to raise 2 billion. i keep asking a question, have you ever seen anything like this? people say the 90's, is that we are -- is that what we're seeing? >> it is human nature. we can't avoid the greed of chinese retail investors. it smells like a bubble. it looks like a bubble. it walks like a bubble. it is a bubble. the main message for people like you are not necessarily investors sitting in front of the computer is this really something we should worry about? i think the asia-pacific in general, in particular, the hong kong chinese market is full of pretty decent companies that are delivering decent margins and margins in emerging markets are important and good evaluations. that is what should worry us. the main message for me is you have a long-term horizon, more than 24 months? that is difficult because we're

. >> we have richard ross at the smart board with a look at what the rise in euros means for stocks. >> it left the euro vulnerable down to parody at a minimum. let's go to that chart and i will break it down for you. we're looking at a long-term chart of the euro. the longer the top, the bigger the drop. in this case a 13-year distributive top. keep in mind we have all tra expansion fair monetary policy. they added $14 billion euros to their balance sheet last week alone. they're on pace to had $3.3 t l trillion by 2016. once again, the euro goes lower. this is the biggest -- we had a 10% pull back here, you see the 100 day moving average, i think this provided a very nice trending opportunity. the dax moves higher along with the rest of europe and euro. you want to be a buyer once again as the euro moves lower. >>eaker euro means a stronger dollar. >> yeah, it does have a profound impact on asset allocations and sector rotation. what you will see if you see a stronger euro and a weaker dollar, it fazes a rise in crude oil. stocks like financials like we saw with rates picking up. i

i'm becky quick with joe kernen and andrew ross sorkin. richard is no stranger of making headlines for thinking out of the box. he's offering fully paid paternity leave for a full year. we'll get the details later this hour. first let's get to the markets. take a look at the u.s. equity futures today. at this point up by 21 points. markets came roaring back yesterday. s&p futures up slightly as nasdaq is up by 3.5. >> a couple of big stories we're watching this morning. the world bank calling on the fed to delay raising interest rates until next year. kick the can a little further. the institution arguing that keeping rates at record

i'm becky quick with joe kernen and andrew ross sorkin. richard bransen is no stranger of making headlines for thinking out of the box. he's offering fully paid paternity leave for a full year. we'll get the details later this hour. first let's get to the markets. take a look at the u.s. equity futures today. at this point up by 21 points. markets came roaring back yesterday. s&p futures up slightly as nasdaq is up by 3.5. >> a couple of big stories we're watching this morning. the world bank calling on the fed to delay raising interest rates until next year. kick the can a little further. the institution arguing that keeping rates at record lows would help avoid financial market volatility. in 2013 the imf suggested that conditions are not right to raise rates. that will just add to the on going debate in this country about what to do. two other central banks in the news this morning, south korea cutting interest rates citing a mers out break and an attempt to soften the blow to an economy already under pressure. meantime new zealand central bank

richard roth is "outfront." >> it is an indication of trust. we're not supposed to keep secrets from one another. >> but it seems the entire seinfeld cast kept a secret from the actress who played susan rossy didn't like acting with her. >> you look like a lilly. >> can i help you. >> yes, we would like some wedding invitations. >> congratulations. >> thank you. >> yeah thank you. >> george played by jason alexander, was never happy about marrying susan and now 17 years after the show went off the air he revealed to howard stern he couldn't work with her. >> i couldn't figure out how to play off of her. >> you're being kind. >> no, her instincts for doing a scene where the comedy was and mine were always misfiring. >> it is hard to tell on screen there was any problem. >> i don't know honey, what do you want to get? i want you to get anything you want get. i love you so much you want you to be happy. >> he said in the interview heidi sweatenberg was a wonderful girl but he got a call from larry david. >> larry david said good news i got a gret art for you this season you're going to get engaged and i said oh, great. who am i going to get engaged to. and he said susan. and i said who is pl