Those numbers expected to hit at 7 30 a. M. Eastern time. Then well have muhtar at 8 00. Johnson johnson expected to report. Theyre expected to earn 1. 48 a share on revenue of 18 billion. After the bell, youll have to wait for it, intel and yahoo are reporting. You can get the numbers on the closing bell. Then on the economic front, hire whats going on. The government is going to release the Consumer Price index for march. Economists expect a slight tickup, up. 1 . That is coming at 8 30 a. M. Eastern time. We have a lot on the agenda. Midnight is the deadline for taxes, right . Yes. Are you done . Oh, yeah. I paid for my Auto Insurance, er. No extension . No extension. Straight. Okay. Good for you. Huge bulls eye on your back. Yeah, for sure. Youre like one big like tea party. Youre like a Big Tea Party yeah. Youre one of those nonprofit. Yeah. They dont like you. No one as. Going to rain on your parade today, andrew. No one is going to rain. This is a big day. Its a day to celebrate. Absolutely. This is the true independence day. Is michelle celebrating . Im throwing atyt. A tax party. Becky is cute. Shes starting to notice. Shes starting to, you know, she has some combined. Her husband has a pretty good job. She has a great job. How much . And new jersey is not kind to its residents. Its already warm in florida. Its warm and they have no income tax. Right. I used to live there. Do you think we could do the show from florida . I have absolutely no doubt. How many days a year would we have to do it from florida . Six months and one day. Okay. Weve been looking into the logistics of this. Youre, you know, there is another one. Another do what i say, not what i do. Youre ready in a minute. Im onboard but more for the weather. Arent you paying for the how much is the Old Folks Home for the horses going to run you, do you think . Living luxury . You know, i was told that my stables is deductible. Is that not right . That is priority number one. No more central park this guy has his priorities right. Close down the Charter Schools and get the horses. Thats right. Can i deduct the butler . Dont act like you dont know. Or you pay him under the table, right . I dont know. Should we give another run down of the he had lines . We have ukraine headlines. Military operations have begun in eastern cities to take control of that pro russian militants. Russias foreign minister says any use of force could drive pro russian protesters out and could derail talks in geneva on thursday. This comes after president obama and russian president putin had a telephone conversation about the recent unrest in ukraine. President obama urging putin to reign in the separatists saying russias actions were not conducive to a diplomatic solution. He also warned moscow would suffer further costs for the behavior. There is an attempt to support the weakening currency. The countrys political crisis is deepening there and leading to that. They raised the benchmark discount rate to 9. 5 . The overnight loan rate went from 7. 5 to 14. 5 . Huge jump. I think no, i think putin, you know, makes a call and i think he has it on speaker phone and a bunch of people in the room. And i think theyre all going, you know, trying to keep from laughing. And then, you know, obama and putin is going like this. Then he says, well, yes, mr. President. Obviously, we are trying to and then everybody around him is snickering and laughing. I think its a big sort of a laugh fest. Wouldnt he do that on a speaker phone, do you think . You think the president takes it on speaker . Is valerie standing by . How is that . I think the president wants to get off the phone pretty quick. Doesnt he have this is kind of a nuisance. Isnt it . Redistributing to do. Dont you think . I was on the phone with him last night trying to get the extension for the taxes. So it was all they gave it to you, right . Absolutely. As long as you sure you have a bona fide New York Times employee, dont you get some type of theres an exclusion, isnt there . There is a couple benefits to that role, yeah. Lets talk about someone that we know and love because we worked with him for so long. Actually for him, jeff immelt may step down sooner than expected. The wall street journal says there are several board discussions about shortening the expected tenure for ge and for the next chief executive it could be 10 to 15 years. It was always 20. I remember jack and then before him who was that great ceo you remember him. He was legendary. My vision of General Electric starts and ends with jack welsh. According to the report, immelt does maintain strong support of the board of directors. But still he might its getting more likely he steps down before reaching the 2021 year which would mark 20 years for him. Among the leading candidates identified to succeed him are Lorenzo Simonelli who took over from the oil and gas unit last year and steve bolze who leads power and water. That is ges biggest unit. They declined to comment to the wall street journal about mr. Immelts plans but did say that the board routinely discusses succession planning as part of the possibilities. I can tell you, he was born i think february 19th, i think. 1956. I think he was born in why would i know he was and youre not . I guess kissing your ass never really but he was born in 1956, born in the same town just on the sort of nicer part of but he didnt he went to a lesser high school. What do you think is really going on . Is this about Stock Performance . Jamie diamond is also 58. And why were talking about anyone leaving the workforce at 58 is bizarre to me. There is no reason for it. 58 is the new 38. And 78, how old is larry king . There is enough groundswell to bring him back at 9 00 at cnn. This is such a grueling job that if youre saying, you know, ive done this for a while. Ill be up 15 years soon. Im not sure the job is this it was a standard thing tore a sooeg for a very, very long time. Todays version of being a ceo, that much more strenuous than 20 years ago. I think the answer has to be yes. I think its yes. You can fly a lot more easily. Youre on a plane all the time in a way that you just couldnt be 30 years ago, 40 years ago. Do you you this the board is pressing this or he is pressing this . That i dont know. You also have to ask about Stock Performance. He maintains, you know, the board does they like him. Im not dismissing that. He repositioned the company in a way that a lot of things that were never you know, bring in insurance, brought in a lot of businesses. He sh rufrpg Financial Services and moved into oil and gas more. He got rid of us. Yeah. That is still sort of i dont know. Who do you like as the contenders . I dont know any of them. I like the italian. Im looking for something to tweet. I tweeted a Ronald Reagan quote long ago and i had a picture when i met president reagan. Im going to send this into his quote is republicans believe every day is the fourth of july. Democrats believe every day is april 15th. That was i remember that tweet. I retweeted that a while back. To your friends. You said here, tweet this guy. Lets bury this. I said the word ah. I wont say it again. On tv . I did. He did. Thats not one of the seven its not even close. Cable is not even relevant. You know, i was calling myself that. It is a family show. Yeah. People have been used po on the show and stuff like that. Anyway oh time for the Global Markets report. Ross westgate is standing by in london. I heard someone told me the ratings werent so great for the masters. You know what i think, ross . There are nongolf owe fish nad yoes that watch when tiger is playing. So you get an extra, i dont know. You get an extra 10 , 15 of people that dont really care about the masters. So when tiger is out, you have you just have the sort of the core golf did you watch . It was great. Watching the 20yearold try to and bubba, watching him play. Its at augusta. The worst masters is great. I dont know. Yeah. Exactly. Even bubba was comfortable on the back nine. I tell everybody, joe, if youre really a nongolf watcher, there is one tournament you have to watch every year and its sunday night at augusta. Right . It is the one that is worth watching. You know, you people you people have some history with the game. And youre what you call the open. We know there is the true open is the u. S. Open. But what you call the open championship can be compelling on any given you remember jon vanderbilt. Absolutely. The open has to be ground down a little more. You know augusta, because its the same course every year. You get to know the nongolf fan can kind of get into that. How many courses you alternate between what is it six and seven and theyre all awesome. It is more than that. It is probably up to nine, ten courses. Yeah. This year its at hoy lake where tiger won not long after his first major title after his father passed away. He had brilliant time play that week. Thats where were going back to just outside liverpool this year. All right. Good. All right. Thats where we are with the golf. We can talk about this all day. Joe and i would happily do that. Equities on the other hand, a little weaker today in europe. You can see declines outpacing advance by 73 on the Dow Jones Industrial average. We hit the session low around 20 minutes or so ago. The ftse yesterday was up some 22 points. This morning you can see were down 18. About. 3 low. It was good news after the uk, annual rate of inflation down to 1. 6 . That is the lowest weve seen since october 2009. Tomorrow we expect three month average earnings to be up around 1. 8 . That is the first time for very long while that theyve been higher than the rate of inflation. Consumers might start to feel better in their pockets as well. A good position in the bank of england and the chancellor to be in. The dax is down. 6 . Snapshot of investors confidence. Current conditions came in weaker. They are worried about ukraine. Current conditions very strong indeed. The cac bond down. 2 . Micex down 1. 4 at the moment. A number of individual stories were following today. Take a look at those. Lo loreal posted drop. Demand slowing in north america. The ceo is optimistic. Relaunching a bid to reunite spirits. The brewer of miller blaming a slowdown in europe and south africa for fall in beer volumes. Thats where we stand in europe. Back to you. All right. Thank you so much, ross. Markets riding high after strong earnings. Putting the nasdaq back in positive territory after last weeks big selloff. Joining us now from chicago is lou green. Good to see you, lou. How you doing . Good. So dow up 146 points yesterday. All that concern that we had last couple of weeks. Is it over . You know, can we get back to business here . Is there more to come . I dont know. It seemed to me there was quite a bit of angst from the peak on april 4th to the low a week later is 4 . Sure, that was a pretty bad week. It seems the angst was larger than was necessary for it. I think one of the interesting things and the sources of the concern for the market is the divergence, the nasdaq is falling for, you know, more than a month. And that divergence is reminiscent, magnitude is less than what happened in 2000. You recall back then the dow peaked on january 14th and fell 17 over the next seven weeks. And during that period, the nasdaq went up 25 . So thats divergence for you. But i think maybe that divergence, the high flyers and the publicized stocks coming off pretty dramatically, much more than the nasdaq as a whole. Probably added to the concern. I have my own concerns. Its five years since the market began to rally over the last three decades. Five years seemed to be a significant period for the market to rally. Not necessarily a bull market but for observable rallies. What do you think is the message in the tenyear yield right now . You know, thats a good question. Because the ten year is down around 265 right now. When this rally began back in march of 2009, the ten year closed march of that year at 266. So i think that the key for the ten year is inflation and Inflation Expectations. So when the qe has been on, you know, for instance it started in march of 2009, went to march of 2010, the ten year note yield went from 266 up to 382. By the time bernanke started hitting at jackson hole in august of 2010, qe2 was on the way, the ten year yield was down to 247. Then it rose as you know, during qe2. Qe affects the ten years in the way that maybe this will help the economy. Maybe we should start to price in more inflation. And, therefore, you know, the yields go up during qe and once it is done and maybe there is a little disappointment in the results it is telling us the economy cant lift off on its own . Im telling you the economy has not shown the ability to create inflation. During this rally, the gdp has been relatively anemic versus other fiveyear rallies. Less than a 20 increase during that fiveyear time and nominal gdp. Inflation, you know, the pc core which is the best of the forward looking, at 1. 1 is just a couple tenths off the record low. Tenyear yield at 266, that is relatively narrow to the pc core but not absurdedly so. Thank you for getting up early. Thank you very much. This is cool. Check this out. Are you looking at this . Do you see what is going on . You know who you look like . We have google glasses. I dont know who that is. Im wearing frs force. Star trek. Remember lavar burton with the yes. Is carl definitely assigned to stay on squawk on the street . So hes stuck there . To be able to just go like that, i mean it is so viable. What can you do with that . Is joe naked right now in your glasses . I dont want to tell you how im looking at. Do you blink . You have to talk to it. Okay, glass, take a picture. Take a picture of joe kernan. Can you say i got a picture of you right now. Can you say youporn. Com. Okay. Redtube. Com. Janet jamieson. Oh, my god oh, my god another one of your hall passes . This goes on sale at 9 00 a. M. Eastern time. Cant you get anyone in the current like the 2000s . God almighty. God almighty. It is time now for executive edge. It is all about google, google glass to drones to contact lenses. I think these may be passe. Sort of behind. This morning we have a pair of google glasses, the wearable pair of technology that has Silicon Valley buzzing. Theyre selling them for 1500 each to the public. You can try to order them online starting at 9 00 a. M. Eastern time. Its a limited thing. I think the sights, you know, people can rush to the site. You do not look bad in those. They have done better with the style. I feel very i dont know if its a good style. I kind of feel like spock. You have to get jodie laforth. I think he was blind. Right. The character. It is a little bit that is a little bit see, i wish i could see what im doing. If i say okay glass. Okay, glass. Now it says send a message, joe kernan. Youre not listed on the list. Dont say it either. Jason freelander. Who is that . I dont know. Hi there. Just checking this. Youre talking. I just sent a message to somebody. I can take pictures. I took a picture of you, michelle. You look lovely. Can you tweet it from there . Thats an interesting idea. Now im thinking of another movie. Dont pull a john candy on splash. He walks around dropping change around everyone. You can get arrested. Is that like what little girls with, you know, issues bingo. This is passe. Contact lenses, i dont know how that is going to work. You have a camera in your contact lens. Didnt snowden just win the pullser . What do you make of the privacy stuff . Thats what i mean. And the drones . The drones are a boring story to me. Theyre twice as high as commercial airlines and theyre just to give you Internet Access really. And theyre solar powered. Why is that boring . I want delivery. I want the true drone usage. This is like right now i dont know how cell phones work. I didnt notice the tower. I dont know how internet, i dont know where they have the stations to do it. It happens. It is more magic. These things flying around in the sky. But theyre cool looking. Are you worried if they start falling out of the sky were going to have problems . Even though you think youre told that, you know, the earth is really highly populated, if things fall like when a satellite falls. Do you know the likelihood of it hitting any populated area . Its very low. This is true. Given the ocean. How many satellites are up there, do you i theres few. These would be this would be like not nearly as high. Theyre twice as high, i think as commercial flights. And theyre small. They could stay up there for five years. Theyre solar powered. They ask stay up there and keep flying around. Pretty cool. Yeah, it is pretty cool. Also Facebook Facebook is one of those companies as well. You got too close, it would melt it. These need to be close. So would you buy one of these . Can you see yourself owning a pair of these . No. Yes. I cant. I love toys. If youre sitting at a meeting. The only way it works is you have to talk to it. If you can look through your email very easily or respond to your email just sitting, you have to have a device. I dont know. I dont see it yet. Maybe it will work out. They made a zeile. Yes. One day it will happen. Were getting there. I think its nice that you need to come up with jenna jamieson. Why . Thats like thats like a while ago. Shes on a nonporn tv show now. She has a family now and explained to her son much its rough. Is she . I just heard she did. Yeah. I dont know. Oh, good. The producer just said for me its marilyn chambers. I dont know who that is either. Movie came out in 1974, 1975. She was a contemporary of linda lovelace. She was the ivory soap girl. On the box of ivory soap. And then she went on no, had already. And p g found out. And theyre like the poor thing. I think they recalled them. Very scandalous for cincinnati. Very scandalous. Behind the green door. I was just told. You should see what im watching. You did not tell me that. What are you watching . Are you watching a movie . Yeah. Which one . You know what . Were treading on thin ice here. Very thin ice. Looking at you watching wearing the glasses all right. Coming up, a rally for wall street says the markets are going to keep trading off Earnings Data like they did yesterday. I never heard some of these songs. Is this super fly,. No, its from a porn. You cant see the guys walking out and find out how to make used evening gowns or expensive cocktail dresses into a tax break. As we head to break, well look at yesterdays winners and losers. Losers. I have low testosterone. There, i said it. How did i know . Well, i didnt really. See, i figured low testosterone would decrease my sex drive. But when i started losing energy and