that is ryan dietrich.oming up, boeing shares rebounding on news that it's ceo will step down at the end of 2024 amid a safety crisis. it is our stock of the hour up next. this is bloomberg. ♪ >> this is bloomberg. >> this is bloomberg markets. it's time now for our stock of the hour and our stock of the hour is going. it announced this morning that it's ceo, head of commercial airplane then chairman are all stepping down at the company grapples with a crisis centered on its most important product, the 737 max jetliner, so let's get right to george ferguson. george, what is interesting to me here is that dave calhoun, boeing ceo, he is going to stay on through the end of 2024 and you will have a say in who his successor is. what do you make of that? to me that seems a little unusual. >> it seems a bit long to us too. what i make from it is that the board is kind of flat-footed on the search for a ceo. i don't think they were thinking along those lines. my guess is they met with airline ceos in the last week

katie: we had ryan dietrich on the program yesterday saying he expects small caps to outperform the s&p 500. i don't know if you would go that far. kristina: i don't -- i think there is a very good chance that would happen if with the economic we acceleration --re- acceleration. katie: talk about the bond market. designing a portfolio and allocating to different asset classes, clearly, you are positive on the stock market. how are you thinking about treasuries in this environment especially if we get the economic re-acceleration? kristina: there are many opportunities beyond treasuries and it's important to stress that right now i would argue that investment-grade credit is the sweet spot. because, i don't think it will be a completely soft landing. i think we will have some bumps and r.g. credit looks very attractive in this environment. i would also argue high your looks good. it is not an environment in which we will see a lot of pressure on most companies in the high-yield space. so the argument can be made that you want to move out on the risk spectrum when it comes to fixed inco

april is good according to ryan dietrich of cmt. we have had him on. second best month since 1950, third best over the last 20 years, fourth best over the last 10, fourth best an election year. seasonally, you are set up to potentially continue this and obviously you have the fed and these possible cuts starting this summer looming. >> right. i happen to think the fed is going to be a lot more patient then we originally thought obviously. even more so then we think right now. i think that they are going to move much more slowly and perhaps even more slowly then most other major central banks. that means that maybe they do start when we expect but then they keep it on pause from that point and the whole point is it is a slow-moving bowling ball through molasses as they start the cutting cycle. markets tend to do pretty well. this happens to be a very long period in between the last and the first. if the fed makes it to november, it would be the longest ever. so waiting for news and waiting for reasons to stay optimistic. and we are getting them so far.

that the bull market is alive and well and could keep charging higher according to carson group's ryan dietrichthe year the index remained higher rest of the year 19 of 20 times saying 2024 will be no different. ryan joins us right now. you think no different because you're relying on statistics or what else you see happening? >> good morning. thanks for having me back. so those are sticks that kind of gives us a little clue where we might be, becky. i have more. talk more, but listen. let's start with fundamentals quickly. last eight weeks s&p 500 forward 12 month earning are up like about, you know, two or three percent. profit margins higher. consumer strong. into these things in this camp a year ago no recession pliable market in that camp ever since, becky yes, history says, side with stronger price, get into that, but the economy looks strong and us as well. >> the economy arouearnings the strength seen to this point. the next natural question is, are we really going to get any cuts from the fed? the market baked those in. willing to say -- i think the idea of getting cuts from the fed is