. >>> then after that in exactly two hours, president obama's exclusive interview with our steve leisman will air in its entirety right here on cnbc. steve will join us on the show beforehand to tell us some of the highlights. we do know the president wants to talk about tax inversions, letting it be known he will support legislation to stop companies reincorporated overseas to escape the 25% tax rate here in the u.s. we'll have much more as the president and steve leisman get into it over the economy. >> melissa lee and i will anchor a 5:00 special on that coming up. >> it is a bill sandwich tonight. >> lucky you. >>> also it would be big ceo interviews just ahead. dunkin' brands disappointed today. jetblue's dave barger will be here. you'll hear from both of these ceos on today's "closing bell." >>> an hour to go and the do you jones industrial average down again today to the tune of about 21 points. yesterday it was the lone major index to sit out of the rally that took the s&p to new highs. but today giving up some of those gaines, the broad market index is off by about a point, the

cnbc's steve leisman, along with diane swamp, and the panel, welcome to you all. strong does it have to be to not spook the market? >> i think it's got to be pretty weak to not spook the market at this stage of the game and i think it will be a strong number. we have seasonals in our favorite, state and local governments adding instead of subtracting. i think we'll see 280,000 tomorrow, and that will be on the low end. i think this is -- the markets are getting ahead of themselves on rate hikes. >> steve, is good news good tomorrow? is bad news good? i mean by that, does that get the market to rally? explain where we stand right now. >> in the market's opinion or in my opinion? those are two different things. i'll tell you why. i think the market is probably going to see good news as bad news tomorrow. but i think ultimately investors will have a choice in front of them, choosing between less fed accommodation or a stronger economy. i would take a stronger economy and less fed. i'll take that trade any time. if i was talking about a market with a pe multiple of 18