thank you. >> stephen roach. at shares of h & r block, up 15%, smaller than expected loss, beats on the top line on a strong tax season. they traditionally only post a profit during the current quarter because of tax prep. when we come back, the ceo of state street's with us calling over 3,000 companies to increase the number of women in positions in corporate governance along with this stunning statue at the wall street bull downtown. back in a minute. ♪ oh! the things you say ♪ ♪ oh♪ ♪ ♪ ♪ you're unbelievab♪e ♪ you're unbelievab♪e e*trade's powerful trading tools, give you access to in-depth analysis, and a team of experienced traders ready to help if you need it. it's like having the power of a trading floor, wherever you are. it's your trade. e*trade >>> there's a curious divergence happening in the markets right now that could signal big trouble for stocks. find out what it is on tradingnation.cnbc.com. more "squawk on the street" coming up. >>> state street global advisors calling on over 3,500 companies to

stephen roach, former chairman of morgan stanley asia, thank you for joining us.arket closes next. take a look at how things are trading now with four minutes to go. no change for the dow. actually, no change across the board for the major indices. is what we are keeping an eye on, below $50 a barrel. ♪ ♪ scarlet: we are moments away from the closing bell. "what'd you miss?" marking the eighth anniversary of the bull market, but the big story the reveal of the 10 year treasuries topping 2.59%. [bell] scarlet: i'm scarlet fu. joe: i'm joe weisenthal. if you are tuning in on twitter, welcome to the closing bell coverage. ♪ scarlet: we begin with the market minutes, it is t minus one day for the jobs report. in the meantime, not a lot of action. joe: but it is misleading, because there is not much action here, but we have interesting stuff to talk about. scarlet: the eighth year anniversary of the bull market. 9, the s&p 500ch climbing 250%, a 97 month old bull market. and on a percentage gain basis, the third biggest rally trailing the rally from 1990-2000 and 1949-

yale university's stephen roach says many of the trump administration's climbs -- claims about chinahly dubious. while beijing is actually burning through reserves to prop up the u.n., rather than keeping it -- the yuan, rather than keeping it partially -- artificially weak. >> you can't fix a problem like that just by getting up on one country -- by gangin g up on one country. we don't save. savings, weost our will have a profusion of deficits well over half the countries in the world. there is no chinese solution to america's macro imbalances. exit polls just released after february elections in india's boot are protests -- suggestuttar pradesh narendra modi's party may have won the most seats. the elections are being seen as modi's success halfway through his term as prime minister. global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i'm courtney collins. this is bloomberg. betty: time to see how the asian markets are shaping up so far this morning. david inglis has more. david: let me get started with the bond markets. are w

universities and stephen roach says many of the trump administration's claim about china are highly dubiousere is little evidence that it was responsible for lost u.s. jobs, while beijing is burning through reserves to prop up the yuan rather than keeping it artificially weak. he said targeting china won't help u.s. growth. >> you can't fix a problem like that by ganging up on one country. it is like why come all. if you hit china, it will spread to other trading partners. the present -- problem is we don't save, and unless we boost our savings, we will have deficits with over half of the countries in the world, and there is no chinese solution to americans macro imbalances. paul: global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. rishaad: we will talk about something completely different could we are focusing on a hong kong based startup that has been described as the uber of the districts. the company providing on demand million and raising $30 . we are joined by the cofounder. thank you for joining us. how did you