go daddy. >>> on the show sam zell to make money in a time when everything else is falling. he knows how to time a deal better than anybody else. he's sounding the alarm. sam, what makes you think that stocks are overpriced here? >> well i'm not a stock person. and i don't claim to have clairvoyance, but there's a significant and growing glare between the stock market and the economy. almost every company is truly in numbers less than expected. revenue, particularly for multinationals, is being hurt by currency valuations around the world. i'm looking for demand. and i find very little of it. and i think we're going to have very significant competition because, you know, the euro is 40% lower. the yen is 40% lower. these are our competitors. and they're playing with you know funny money. and i just think that it's very hard to imagine that the current scenario can continue. >> i wonder where they got the idea playing with funny money like that? >> i have no idea. call it voodoo economics. >> well we've watched what's happened with the euro. it's been pretty spectacular. there

sam zell would say that's not a correct price.ell, it's not a correct price but i can sell you a malshares. in the end the price short term is controlled where you can sell a million shares. warren buffett's here and watching this, he likes coca-cola. >> he does so? >> i'm saying i think coca-cola's overvalued, perhaps. i think buy green mountain, keurig, monster, i change my posture at coca-cola. i see godaddy, i think it's going to open higher. >> godaddy prizece 23 million shares. ticker gddy which you mentioned. >> that's a toppish symbol. >> that's it right there. that's the sign we've all been waiting for. >> right? >> throw off the mikes, call it a day. >> remember the piece of fruit and cheese i don't know. >> that was not a good sign. >> godaddy. >> talk to blake irving the ceo later here at post 9. been around for a long time well marketed still not making money. >> i think that's telling. it's telling that it's not making month makingmake money. i think it raises eyebrows. that's code for what the heck are they doing? i

when sam zell sold in the largest real estate transaction, it is hard to imagine sam zell being the schmuckere. he felt good about it, and blackstone felt good about it. we know they made a killing. i guess you can win-win. devin: you can win-win, and they can make improvements, and that is probably what they're going to go for. they have all this money to put to work. four funds were involved. you know, we talk about blackstone -- stephanie: meaning they are splitting this among lps? devin: four. erik: that is my blackstone is the only firm that can do this. devin: the only one. erik: the u.s. fund --they have been doing this for a long time. stephanie: that doesn't make you wonder -- is blackstone shouldn't people take a look and say are they too big? if one company could only be the possible company jeff immelt would call, that is not an issue? devin: the argument they would make is the assets are spread across many different funds. erik: instead of just talking about blackstone why don't we get ourselves into trouble with larry fink. blackstone is important, certainly black -- blackstone

olivia: whether or not you agree with sam zell is is it normal i would say it is because of affordability and millenials are saddled with student debt. nobody is living with their parents. brendan: as rates go up, it will make houses less affordable. the problem for the last five years has been terms and conditions and not just the price. nothing indicates that is going to change. ira: when you created something like the consumer financial protection bureau which are supposed to make it safer for people to get mortgages, it also means that it is harder to get mortgages. and we are not going back to the 2000's. maybe we go back to the 1980's. tom: to our viewers and listeners, dupont with a 4% dividend increase. ibm with raising the dividend. is your world for our viewers competing with dividend income growth or is a yield still yield ? ira: the yield is a you. it depends on who you are. dividends tend to be because they are part of equities and can go up and gowndown, you have to have some kind of premium and should have a premium in order to own -- tom: you brought this up about ibm's ea

warren buffett or sam zell? i know where i would put my money. both have been on cnbc in the last 24 hours making news. buffett optimistic on the economy. zell not so much. >> and investor lynn tilton is with us live this hour. she just filed a suit against the s.e.c. she's fighting back saying fraud charges levelled against her are absolutely false. we begin now with the american labor market. traders and investors positioning themselves for friday's employment report but could they be setting themselves up for a bit of a shock? steve liesman is here to explain. explain, stevie. >> yeah mandy. there has been a lot of worrisome economic data these past few weeks and this morning that raises questions about the friday jobs report. let me show you what i'm talking about. the adp data 189,000 coming in below the prior one and below the estimate of 225. the ism manufacturing survey coming in again below the estimate, below the prior, and inside that ism report wills an employment component asking manufacturers how they're doing hiring coming in at 50

warren buffett or sam zell? i know where i would put my money. been on cnbc in the last 24 hours making news. buffett optimisticn

>> sam zell. he said why does the qe work -- it'll work as long as the needle is clean.n, you still bullish on this? or you think eventually it's going to be problematic for the stock market? >> well near term you know 2015 is turning into quite the transition year again as we kind of unwind the former thinking and wind up the real thinking. and the real thinking is down the line as we see rising interest rates is actually good for the stock market and good for the economy. so i think at the end of the last segment, you said bad news is going to transition to bad news. and good news is going to transition to good news. finally. i think that's a positive. i think the report is mostly disappointing. it's not bad news. it's certainly not surprising news especially considering the tone of corporate america coming out of fourth quarter earnings and really what we've seen in terms of estimates coming down for the rest of the year. corporate america is retrenching a little bit. we had bad weather in february and march. not too surprising. the key factor we think, and you're doi

. >> larger than eeop when they bought from sam zell.ot insignificant for them. >> can i mention the level that we're at on the s&p? for eight days we traded below 2090 and couldn't break through it. yesterday on the ge rumor we got a pop, we've traded significantly above 2090. that's a major breakout to the point that sara was making about corporate news driving us higher. so that's quite a bullish signal to have been able to trade or open above that level. >> ge the biggest gainer on the s&p. not far behind netflix which citi today takes to a buy, arguing that the pullback on the stock reflects competitive concerns they don't necessarily agree with. they think investors are not really getting anything in the share price reflecting the opportunity overseas. 350 million broadband households, the opportunity for netflix. they also say reviews around the new content is pretty good that bodes well for subgrowth down the well. >> excited for "orange is the new black" to come back up. the price target 525, they say upside scenarios for the pr

but what really stuck out to me and i will push back on larry on this one, sam zell this morning saidchasm between the real economy and the stock market i'm paraphrasing, has never been greater greater. something i have said for a while and something i actually believe. >> and he was also very worried about the stronger u.s. dollar and how that's making our companies -- >> are you comfortable being in the minority on this panel on this one? >> i actually love being in the minority on every single question we've discussed so far. i'll just say this you can't devalue your way to prosperity. strong economies have strong currencies. our economy is the strongest in the world even though i agree with carol we're not growing up to potential. i agree with that but nonetheless on a relative basis we're fine and i just want to make this point. michael farr i'm sorry, you're wrong. carol roth, i'm sorry, you're wrong, with all due humility. personal income, personal income after inflation, after taxes, is up 6.9% on an annual rate. i can't beat this crowd. >> let me just explain. i was joking ea

. >> this is pretty much what sam zell told you guys yesterday, right?> between the economy and the stock market. >> i love him but i said it's been at least a year he's been singing this tune. it might have been longer than that. he's a real estate guy. >> he's been singing this tune for awhile. >> i know. >> he did say that. >> i have been worried of the bubble blowing that the fed has done and then when that goes away that's a support. so i have been more focused on overseas markets that i think have better value. i think the u.s. market is expensive but it can stay expensive for a period of time. >> you think there's a day of reckoning -- did the fed do damage with what it did? or is it just that when it goes away we won't have the positive effect of it? is there something we get from this? >> i think they have done damage to the whole free market economy and the cost of money is the most important price. >> maybe that's why we have only been growing at 2% for the five or six years but is there something looming where there's been a bubble formed by

. >> we have guys like sam zell who talk about how this new generation, they put off home buying andg to be apartment renters for a lot longer and they're not really interested in buying a house. do you think that was just a temporary thing because of the setback? do you think they eventually buy houses houses? >> there was a mindset, the recession was awful in terms of consumer confidence. people just got scared to death about everything they started deleveraging, they stop spending and everything. and as a result of that, people start saying i'm going to stay in this house because i'm not going to take the risk of buying a house. and plus thebacks clamped down on borrowing and had rules and requirements if you're filing for a mortgage now, almost like a cia investigation. so it was, it was tough. but yeah i think some millennials and those who that are coming up behind them are saying urban life is good. uber is an example of people saying hey, i don't need to own a car. and even air b and b is saying i don't need to own a property or go to a hotel if the i can mote around and go t