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. Shes 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 fridays 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 im 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 theyre doing hiring coming in at 50. Thats the lowest since may 2013. Here are the negatives as we get ready for the friday jobs report. Corporate profits have pretty of flatlined. Retail sales have been negative three months in a row. Allows where i weather, low oil prices creating firings in the oil patch, and a strong dollar along with overall weak growth running around 1. 3 for the cnbc rapid update. The positive jobless claims jobs, however, laying growth. We may have positive job growth from the prior strong growth. There has been a thawout in march and strong swrob growth trend. You can see real quickly they have underestimated job growth within the past several months. Including by 2,000 in december. Cathleen madigan, she compiles the data and so far today economists have stuck with their forecast for the government to report 248,000 of jobs in the month of march. Madigan says they are acknowledging the down side risk. Tyler. Thaw in march . What thaw did you see in march . Its above freezing. Thats the only thing. Above freezing. Barely. Its not much but its a little above freezing. Two titans of investing in america, Warren Buffett and sam zell speaking to cnbc. Both have divergent views on the state of the u. S. Economy. Listen up. Almost every company is turning in numbers that are less than expected. Revenue, particularly for multinationals is being hurt by currency devaluations around the world. Im looking for demand, and i find very little of it. Its been a remarkably steady improvement, and now its starting to come through with employment in a significant way. So who is right . The pessimist zell or the optimist buffett . Lets bring in dan chung, ceo and cio of and dana cio with atlantic trust. Great to see you. Dan, which camp are you in . Oh im definitely in warrens camp. I think things are better than expected and actually mr. Zell is a terrific investor but is he wrong about Fourth Quarter earnings. 72 of the Companies Beat earnings numbers with a 5 average beat. On the sales line 56 beat. I dont know how he can say that the vast majority are missing. There was a lot of downgrades, of course, around foreign exchange, but we looked through that. Were fundamental bottomsup investors, and im on warrens side and we are positive. A lot of estimates have been coming down, but we will wait and see for the earnings season. First of all, to you, david, which camp are you in zell or buffett . I would lean on the optimistic side as well. I think theres no question that the First Quarter was sluggish, but we think well see a better tone to activity over the rest of the year. If you look at the consumer Consumer Behavior has been cautious, but weve seen you know, Energy Prices are down, Interest Rates are down the job market and Consumer Confidence are up. I think the benefit of lower gas prices will kick in and help in the second half of the were, and Monetary Policy continues to be very supportive. The fed, you know i think will look to september to raise rates. Might even be later than that but even whenever that process starts, those rate increases are going to be gradual and Monetary Policy will continue to be accommodative. The economy isnt great, but its solid, and were in a 2. 5 to 3 zone for gdp growth. Lets translate what all that macroinformation means for the marketsed. Dan, first of all to you. Were kicking off the Second Quarter. In the First Quarter a few things worked. A few things didnt. The worst performer were utilities. Best performer were health care stocks. What about the Second Quarter . Whats going to work . Whats not going to work . Well were bullish on technology and health care. I think that youre talking about two sectors where they have a combination of growth but also in other cases strong value right within the same sector. So we like the secular trends that we see, for example, in the internet and Cloud Computing within technology and also the global strength that u. S. Companies have. Technology is a global we are a Global Leader in technology and those trends are not only placed in the u. S. But theyre placed overseas. Health care we think is really dynamic right now with both drugs and biotech pipelines looking strong but at the same Time Services transforming because of the aforredable care act. We think theres opportunities in both those sectors, and we think theyll continue to outperform. You think its going to continue to outperform. What about you, david . Where would you be placing your bets for the leading or lagging sector this is quarter . I think the banks are interesting. Theyre cheap and unloved, but theyre better capitalized and were going to be able to share more of that capital with shareholders in the quarters in years ahead. When Interest Rates do eventually rise that will improve bank profit margins. Then i would echo the thoughts on health care. You know, its been five years since the obama care legislation passed and weve seen the industry rationalize and adapt and, you know, recently thats led to a great deal of m a activity, which is likely to continue. I think theres still a number of interesting opportunities in the health care space. Okay. Both of you continuing to back that Winning Health care horse. Thank you very much to both of you for joining us, ben and david. You can go to powerlunch. Cnbc. Com to see why every investor should be putting investment dollars into international markets. Thats on the air right now. You can check it out. Ty. Talk more now about health care. First quarter in the books. Second quarter trading is underway. Take a look at the biggest winner and loser so far. Well, the biggest winner for the year so far, health care. Up 4. 48 . Utilities down about 6 . Reversing last years very strong perform wrans for utilities. Role reversal between these two widely watched sectors as we go into april traditionally. Dominik here to talk a little bit about history and performance. Sfroo well, heres the thing. So a lot of traders like looking at history to see if it can at least help them predict whats going to happen in the future. We asked our partners over at market Data Analytics firm kensho to look at just the month of april for the last ten years to see which stocks have the best chance of outperforming, at least based on the last ten observances. Broad sector etf. Xlk that tracks technology. All the big spiders. Xlb that does health care. We looked at the average performance in april for each of those broader sector etfs, and we looked over the last ten years. Heres where the results get interesting. Like tyler just said you saw health care as the best performer so far in 2015. Utilities the worst. Check this out, though. Were going to put those first of all, the financial sector, the best performing one on average over the last ten aprils up about 3. 5 . As positive 70 of the time. 7 out of the last ten. Heres where it gets interesting. Aprils best performer in terms of batting average overall is the utilities sector. The xlu. The spider etf that tracks utilities. Its up 3. 4 , and it hasnt had a losing april over the last ten years. 100 positive over the last ten years in april. The Health Care Sector meanwhile, is the worst performing of the broad sector etfs. Xlb, the ticker there, its only up and its still positive but only up 1. 4 of the time. Its positive. Well call it a coin toss. 50 of the time. As you look at whats happening overall, tyler, health care and utilities. Health care, the strongest ones going into the Second Quarter, and now they could be some of the worst performers. Its a little bit of financial faber metrics here. It is. Looking at the amount of gain and the percentage of times that theyre up. There you go. Thank you very much. The worlds biggest carmakers out with their latest sales figures and overall they saw a drop in march which had one less selling day than prior month. Go figure. February has 28 days. Oh, well. Strong demand for jeep helping chrysler sales up 1. 7 . That did fall short of estimates. Ford, a drop. However, that was less than expected. Gms drop was more than analysts had looked for. On the other hand, toyota sales surged almost 5 last month. Lets take a look at some of the shares. They are all down about 1 . A little more in the case of swren motors. Almost 2 at this hour. Manned mandy. Thank you very much, ty. A major summit underway of investors and top ceos to discuss new opportunities in cuba. Now the u. S. Is working to establish diplomatic relations with the island. Michelle carusa cabrera is at that big gathering. Hundreds of investors are here interested in talking about how to invest in cuba if its ever going to be legal. What are the potential investors, frank dell rewroe the ceo of norwegian cruise lines live next on power lunch to talk about why he is here and why he is interested. Power lunch will be right back after this. Mfs, we believe in the power of active management. Every day, our teams collaborate around the world to actively uncover, discuss and debate investment opportunities. Which leads to better decisions for our clients. Its a uniquely collaborative approach you wont find anywhere else. Put our global active management expertise to work for you. Mfs. There is no expertise without collaboration. Pooh shares of go daddy. The Web Hosting Company is raising 460 million after offering 23 million shares at 20 a piece. Theyre currently sitting at 28. 16. Sears also higher. Its currently up by nearly 1 on a real estate joint venture with general growth companies. Delta, american and United Continental all moving to the down side. All over by 4 to the down side after Deutsche Bank downgraded them to a hold from a buy. Ty. Mandy, thank you. The u. S. And cuba working on reestablishing diplomatic relations after 50 long years, but what does this mean for american businesses that would like to do business there . Or not american businesses . Shares of norwegian cruise lines up big in the one year. 62 as you see there on that chart. Our chief International CorrespondentMichelle Caruso cabrera live at a major summit about investing in cuba. Shes with one of the ceos. The ceo of that particular cruise company. Hi, michelle. Hi there, tyler. Yes, frank delrio, the ceo of norwegian cruise lines, and he joins us here at the cuba opportunity investment summit. Good to have you here. Are you the ceo of a cruise company. Yes. You are also cubanamerican, born in cuba. Why are you here . Are you here because you run a cruise, or are you here because youre cuban . A double yes. I think there are other cruise line executives who are not cuban who also would like cuba. Cuba presents probably the largest opportunity outside of china to grow our industry. Why . Pentup demand number one. Its about an off limits for over 50 years. Besides that cuba has got just about everything a vacationer would want and a cruiser would want. Cuba was perfectly built to house the cruise business. 200 miles from miami. Incredible history, culture, mountain ranges valleys, lakes, music, history, art. Its got everything. The rule changes that were announced by president obama in december, none of those, though help you legally put a cruise in cuba yet, right . Correct. But it gets us closer. I think the dialogue has now started after a 50year freeze. Nothing this revolutionary, if you will, historic moves as quickly as you would want but this is a very very positive first step. Now, there was a big poll done of cubanamericans . Should american cruise ships go to cuba, bring american passengers . More than half said yes, but 38 said no. What do you say to the 38 . They probably havent cruised yet. They havent cruised cuba or anywhere because i think once you cruise you are converted for life and, look we have to get past this acrimony about cuba and the cuban community. We all know whats happening happened in the last 55 years. Its time to move on. I think this initiative gives us the vehicle to start a number one, a healing process and the process to bring the relation with our both countries back to where they should be. Its an important country just 90 miles away from key west. Its time. Frank delrio, thank you so much. Thank you. Ceo of norwegian cruise lines. Guys, back to you. Thank you very much michelle. It is a power lunch exclusive you do not want to miss. Buyout Queen Lynn Tilton firing back at the s. E. C. Which is accusing her of fraud. The billionaire investor joins us to lay out her case exclusively on power lunch in less than 15 minutes from now. Plus up next power pitch. A startup putting some skin in the game. Our mission is to provide affordable luxury grooming for professional men. Will the panel be in . Can you talk a little bit more about your plans for sampling and distribution . Or out . How do you convince men that they need this in the first place . Stay tuned to find out. The job jugglers. The up allnighters. And the ones who turn ideas into action. Weve made our passions our lifes work. We strive for the moments where we can say, i did it we are entrepreneurs who started it all. With a signature. Legalzoom has helped start over 1 million businesses, turning dreamers into business owners. And were here to help start yours. Theres nothing more romantic than a spontaneous moment. So why pause to take a pill . And why stop what youre doing to find a bathroom . 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Com the stock market might be down. Up by nearly 6 is wti crude. Its currently sitting at 50. 37. Lets get out to dominik for a market flash. Dom. So, mandy, moving the opposite direction, shares of carpenter technology. Bet on a steady decline for most of the session. The alloys maker is cutting 10 of its work force. Thats roughly about 200 jobs. The Company Wants to reduce costs amid weaker oil and gas prices despite the rise today. They also announced guidance for this current order earnings that fell short of many analyst projections. Back to you. Thanks, dom. It is time for this weeks power pitch where one entrepreneur got just 60 seconds to convince a panel of experts that her startup is the next big thing. Im the founder and ceo of helix. A new premium our mission is to provide affordable luxury grooming for professional men. Our strategy includes social platform online distribution, and innovative products. Mens grooming have i is a 35 billion industry thats grown by 23 in the last five years. The problem is most Mens Grooming brands are extensions of womens brands or lack complete Product Offering unique design and products and global appeal. Helix disrupts the industry by doing four things. One, offering innovative product with average margins of 78 . Two, a vertically integrated brand with no middle men or agencies involved. Three, an extremely lean team thats awardwinning with deep domain expertise. Weve led five exits, including one in the grooming category and, four a brand unique Product Design formula, and stories as well as a cause. Thats ball support. All of this makes a brand more compelling to the consumer. Hello. Welcome to todays power pitch. Im mandy drury. Well, you just saw the pitch, but lets meet the panel. On set Angel Investor nisa amoils focussing on technology beauty, and invests and advises more than a dozen startups. We have Charlie Odonnell who founded Brooklyn Bridge v ventures focussing on seed state investment in the new york area. Joining us from miami celebrity stylist, author and Fashion Designer carson kressley. He won an emmy for his role in bravos queer eye for the straight guy. Thank you all. Cindy, thank you. Are you in the hot seat. First question would you like to throw it out . Can you talk a little bit more about your plans for sampling and distribution . Right now were currently in talks with two major retailers, one of which is a global retailer. Thats going to be a