. >>> and tom barkin joining the wait and see on inflation and rate cuts.e said he need to see more conviction before moving on policy. now barkin is a voting member of the fmoc and says policy as it stands is currently well positioned. >>> boeing is nearing a deal to buy back spirit aerosystems to shore up the supply chain. according to reuters, the talks which have been in the works since january, have been hung up on the spirit work with airbus, but progress has been made to ease concerns in recent days. boeing spun off spirit in 2005, frank. >> silvana, thank you very much. we will see you later in the show. >>> we turn back to the markets. volatility could be the name of the game today with the $5.5 million of options set to come to trade today. goldman sachs says the rebalance along with the next friday russell reshuffle could lead to explosive trading and take advantage of excess opportunities. joining me now is degas wright. good morning, degas. >> good morning, frank. great to be on with you. >> a big figure. $5.5 trillion in options expirations. a

we hard from tom barkin and mary daly who joins "squawk box" at 8:45 a.m. >>> and banks are expectedl plan f for the excess capital at the close today. >>> futures right now in the green across the board. it looks like the dow would open up 25 points higher. nasdaq hitting the highs of the morning. joining me now is gunjan banerji. great to have you here in studio. the article came out. what is that one big question? >> frank, a lot of investors i've been talking to have been saying we throink this expansio is in the early innings and stocks could be rising. what they are wondering is tech and is it leading the way for the second half of the year? the s&p 500 total return in the first half of the year and people are looking at the conu conundrum. do we sit on the sidelines and miss out more? i think that is a really challenging point for a lot of investors heading into the second half. >> everybody i talked to is basically saying the same thing. market at all-time highs. is this run up or frothiness. what is your "wex" word of the day? >> my "wex" word of the day is trump-trade. afte

this can give you a lens into and this is something that tom barkin has talked about. lot of these companies not just general mills but other consumer package have had a deal even with lower volumes the past couple of years. they were able to pass on those costs. clearly, it's pinching the consumer and you can see this when their outlook for organic sales is flat to 1% for the fiscal year. so they're looking at how general mills and then other consumer package companies may have to start having better deals. selling two for one to potentially pass that on. if they don't, that's really something that has weighed on their margins and stock prices. katie: you can see that working all the way through shares. we're going to smic the food and beverage industry next because dr. pepper prevails the soft drink overtaking pepsi as america's second favorite soda brand. we speak to the c.e.o. of dr. pepper, next. this is bloomberg. ♪ all-day energy starts with clean hydration. lmnt. more electrolytes. zero sugar. you feel the difference when you get it right. stay salty. chris cou