last stone in the fourth end. jones has to bring this one in for team canada. >> through the port. >> nice shot. well done by jones, but she is forced to take one in the fourth, and canada leads it 4-2. demonstrators injured. nbc's jim maceda joins us now with more. jim. >> hi there, becky. the battles are ongoing. the dead and wounded continue to rise. the death toll is still, as you say, 25. that included includes yet another policemen, 10 policemen now all killed by gunshots. this morning, it continues to look like an incsurrection.

moscow are obviously watching the situation very carefully on that epicenter of resistance after a night of street battles between protesters. the pictures are amazing. they're throwing stones, clubs, molitov cocktails, all of them trying to hold their grounds in those hours but being slowly pushed back this morning by riot police themselves using flash bangs or stun grenades and water cann cannons. much of the square, more than half of it, while some protesters seem to have taken refuge behind reinforced barricades and behind their bonfires. the number of injured is in the 200s. we understand some 250 seriously wounded are being treated in the hospitals. also, one local ukrainian journalist has reportedly been shot and killed in that melee,

as well. becky, back to you. >> one of the questions we wonder and you're watching from moscow where they are keeping track of the situation closely, is there a sense that anyone else might get involved in this or is this people watching from afar still at this point? >> well, certainly the western countries, the united states, european union, they're trying to get involved in terms of stopping the violence. there have been a number of calles and also most recently from vice president joe biden who called victor yanakovic personally to get him to pull back, to get both sides to the negotiating table. but it's really hard to see now, after what's occurred, how that's going to happen. there was an 11th hour meeting between you try something for 12 years. will mourdock get it and move onto the semifinal? this is a precise shot. clips it and he got it! david mourdock is going to the semis!

>> that was david mourdock's final shot against norway yesterday. mourdock could have opted to draw for one and send the game into an extra end. instead he played the one back double for the win. he made it and put great britain into the semis against sweden. the swedes are the top seed after going 8-1. we will have sweden/great britain for you at about 2:20 on msnbc. 5:00 eastern, canada and china. canada looking for its third straight olympic gold. china has never won a men's olympic curling medal. they look very tough here. we'll get you back to the ice cube for more live curling after this. >> announcer: the xxii winter olympic games on the networks of nbc are brought to you by liberty mutual insurance. by jcpenney, when it fits, you feel it. by kellogg's, from great starts come great things. and by chevrolet, find new

roads. ukraine. we're going to hear what athletes and individuals there say about all this. meantime, let's get you some global markets news. the nasdaq closing at a 15-year high. now up for eight straight sessions, the longest winning streak since july. take a look at futures ahead of that open. the dow looks like it would open down. the nasdaq would open off about 6 points and the s&p 500 looking like it would open off about 4 points, as well, right about now. we have a busy day ahead on the economic front. here is what's going on on the agenda. january's producer price index and housing starts are coming at 8:30 eastern time. then this afternoon, minutes from last month's fed meeting and an important note on ppi, it's been revamped. the headline number has been broadened to include services and construction and will now be referred to as ppi final demand. >> what? >> i don't even know what that means, ppi final demand.

but the one -- friday morning, do you think what's coming on friday morning? >> no. >> the fed minutes from 2008. >> hmmm. >> the transcripts of all of the meetings. remember, last year they gave occupy the 2007 ones and i think you could finally see for me -- >> this is a transcript of what was said around the table? >> these were the transcripts said at all of those fomc meetings, you'll be able to look, around bear stearns, lehman brothers, and -- >> it will be interesting, but i will say we've had bullard and others who said when they knew it was being recorded -- when greenspan started doing that, it was more honest conversation. once they found out it was being recorded, people changed what they said around the table. >> not a minute too soon. are they releasing it so we can sdooi decide on our top to 25?

>> bingo. >> because we don't know now, bernanke versus greenspan, versus -- so now this end, canada on top by 2. grit britain throwing this stone here has the hammer. the last rock advantage in the fifth. women's semifinal game. the winner moves onto the gold medal match tomorrow here at the ice cube curling center. nice stone there from vicki adams. >> vicki's playing very well today. makes a good double there. does roll behind the canadian guard a short distance there so they'll be able to play the run back. >> i like that sign. eve muirhead, the lady of the rings.

>> makes the run back. the target rock goes rolling across the rings and now eve muirhead will have anna sloan try and get underneath that lone corner guard to set up another deuce. >> whoa! whoa! whoa! >> we're good. >> early on on that rock anna said that it was picking, starting to move a lot more. they were able to get it around.

>> i think we saved it. >> not really sure what that discussion was about. she wasn't sure that it was ticking in her hand. a lot of times as the player sliding out they can actually feel it run over some debris and they can kind of jiggle the rock around and free it up. >> we saw jeff isaacson for the u.s. men last week nearly fall over the way the rock was moving, and he was able to steady himself and still throw a pretty good stone. >> actually, if you get some sand, a piece of grit, the stone will actually try to stop in your hand so you have to really push it and get it loose. i've even seen players actually

rock the stone to get the running surface off the ice to get that debris loose. canada's rocks sliding in. they wanted to freeze to the nose of that rock a little more. anna will try to duplicate her throw there without picking. they need this to curl up. she's trying but she's going to tap and roll off and that's not going to help their cause. >> digs appointment on anna sloan's face. >> i thought we played it safe.

>> it was because it was such a roller. >> skip stones remain. two for jones, two for muirhead. great britain with the last rock advantage here in the fifth end. >> this is the fifth time this season these two teams have met, and muirhead won three of the first four. the only one she did not win was here in sochi. during the round robin, a 9-6 win for team canada and jennifer jones. >> team canada wants to roll away a little bit with the shooter, but it's over curling and they'll match that pair right up in the four foot. expect eve will come down and tap team canada's steen back, try and create a pocket.

>> eve decided against the pass. >> eve is so thorough in talking to her teammates on the ice that she gives us with the microphone exactly what she's thinking. >> little better interpretation of the scottish vernacular than the other teams here. she calls for barrier weight, which is board weight. this looks like a little more than that. needs to curl up. she just hits the nose. she wanted to get a little roll over in front of the yellowstone making it harder for jen jones to remove it.

again, just over thrown a little bit preventing it from curling as much as they wanted. >> so we'll have an open hit for jennifer. pretty difficult for team canada to get this red stone out and leave their shooter in a position where eve won't have a shot for 1. >> now jen jones feeling a little bit of grit maybe underneath the stones. >> she will reset in the hack.

>> yeah. you heard her mention to her sweepers, keep your brooms down. often when there's a few picks in a game, they get a little nervous that there's more debris out there. >> hard! hard! >> hard! >> hard! >> this rock curling quite a bit. is she by the guard? she is. but is she going to stay? it rolls to third shot. can eve muirhead come down and tap them out for 2? >> you've got an edge in that set. >> think it's there? >> she's asking her team, how much can be seen. >> barely got anything.

>> you've actually got like a fingernail's worth. >> well, she flirted with the idea but a fingernail's worth is not a very large target although now anna sloan is -- >> i think the tap is there. i actually do. >> so eve is looking at this shot again. she initially looked at it. the team said you can't see enough of it. >> team gb bench.

>> they've decided to drop it initially. eve went and looked at it and said, no, i think it's there so she's going for the tap there. the nice thing about this decision is that if you play it correctly, you can play it safe enough that you'll always get your 1. she can come down and tap that yellowstone and roll her shooter into the four foot for the 1. then you play it close enough to the guard to get your 2. >> interesting decision here. the final stone of the fifth end. >> whoa! whoa! whoa, anna! whoa! >> just clears the guard. is it going to curl up enough? i don't think so. >> no. >> 1 for great britain and we've reached the fifth end break. canada has a 4-3 lead. herbalif. >> is it spices and herbs or is

it herbs? >> that's why you get confused. >> herbalife, like the stuff in -- >> nutrition products posted pe better-than-expected earnings and revenues. china sales rose more than 120% in the fourth quarter. are people finally using it or is it just stocking -- you know, that's what icahn says, right? it's the multi level things. >> i like their candy bars. >> but have you ever bought one? >> no. they sent them to me. am i allowed to accept them? >> $125. >> but the guidance did fall short of the street's view. herbalife is best known possibly for being adduccused of being a pyramid scene by carl icahn.

>> it's not a way to get famous. panera bread falling in after hours trading, blaming bad weather for hurting customer visits to its bakeries and cy i cafes. and then la-z-boy, saying bad weather hurt sales. you can actually buy some of those that have a refrigerator in the arm rest. love that. so if you're already fat and drink a lot of beer, you can sit there -- it's perfect for homer or something. >> is it andrew's birthday today? >> how did you know that? >> is it your birthday today? ♪ today is your birthday it's my birthday too ♪ there is -- canada leads great britain, 4-3. the pick in the first end has been the story. >> it has been. that was really unfortunate. just an open hit. eve would never miss that.

she'd make 100 of 100 but it's just one of those breaks. >> and the thing about it is, because canada came in unbeaten, great britain had to start strong and then they're down 2-0 right off the bat but they've come back. they've made it a game. >> oh, yeah. you bet. no, no, no, this isn't over by any means. 4-3, close game. unfortunate with the pick. you hate to see that happen that early in the game such an important end and important game. >> going forward now as we start the second half of the game, great britain down, canada has the lead. both teams, the strategy now starting in the sixth end? >> canada is going to try to play it pretty simple. keep it going. won't score the next point. canada has to take a few chances and try to take it to canada over the next two, three ends for sure. >> we'll keep an eye on that and we'll send you back out to the ice cube for the second half of canada and great britain right after this.

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they were able to score just one in the fifth and that's why the canadians are up one with the hammer. you see dawn mcewen deliver. july of last year she married mike mcewen, also a top-level curler. mike is in attendance, and so are dawn's parents. in order to raise money for the families of the canadian curlers

to come over to russia to watch the games, this team from canada autographed their game jerseys from when they won at trials in the fall and sold them on e bay to raise money so their families could come to the games. dawn's jersey went for 830 canadian to which dawn said, i can't believe somebody would spend that much money for my jersey, but it was obviously a nice gesture so that their families could be here in russia. >> well, it's a statement of how popular the sport is in canada. it really is a whole nother world of curling when you go north of the border in the united states. >> i think that's one of the things that you don't hear enough about, just how expensive it is to travel around when you're curling. anybody can go down to their

local club down the road and curl, but when you get to that next step and you've got to go to tournaments every weekend, you have to go to canada, you have to go to europe to compete, that's when it really gets expensive. john, you know that firsthand. >> well, i can't even estimate the amount of money i've invested in my career, and it's a choice. it's a lifestyle, actually. you know, from an equipment standpoint, playing the game is, you know, relatively inexpensive, brooms, and shoes, and, you know, the rocks are all provided by clubs, those types of things. when you start trying to compete at this level, it really is about the travel expenses of taking four, five players and maybe a coach, you know, sometimes coast to coast in north america. >> it all adds up, that's for sure. right now on the scoreboard it

adds up to a 4-3 canadian advantage. team canada with the hammer here in the sixth end, and we're back in a moment. sociolo sochi. also tweeting i want to bring olympic truce to my country. dialogue is power, violence is weakness. he may be speaking to reporters later on today. if he does, we'll bring it to you. netherlands and the united states are in first place in the medal count with the total number of both medales and golds. russia has 19. norway 18 and canada 17. america has a new gold medal, david wise, a 23-year-old married father from reno, nevada. he won the inaugural event when it comes to the olympic men's ski halfpipe conditions. the conditions were snowy and slushy at the venue last night. the united states now has six medals in free style skiing at these games. one behind canada's total of seven. alex diebold was an alternative

in vancouver. spent those games as a wax technician for his teammates. four years later, he is an olympic medalist who won the bronze in the men's snowboard cross. to look forward at what's going on today, the men's final in the bob sled, there are three u.s. teams. the americans are in the lead. the team two sled sits in third place and it's such a comfortable lead on the rest of the field that any of the top three are now going to have to crash on the next two runs for them not to medal because they are so far ahead of everyone else. one of the best known athletes is on team three, lolo jones along with jasmine sentalator. men's, women's snowboarding, parallel giant slalom. and always a crowd favorite, women's figure skating gets

under way tonight. if we hear from the head of the ukraine olympic committee, we'll bring that to you guys later. >> michelle, we were talking about high def earlier. i have to say on a big screen, the olympics has been pretty awesome. >> i do not want to be on a big semifinal action between canada and great britain. the canadians lead by one. the winner here moves onto the gold medal match tomorrow. they get a big roller from the canadian fans at the cube. >> nice double by jill officer there. wait on the sweep until late. that rock rolls. you see jen jones sweeping. she can sweep the opponent's stone once it passes the t line, and she just gets it out of the rings. >> i want to meet the double. >> yeah, but it's your turn.

>> you've got a peel. >> team gb down by one, and during the fifth end break our trenni kusnierek got a chance to chat with the coaching staff. >> yes, i did. a former 2002 gold medalist, rhona howie has been working with eve muirhead. i asked her secondarily, that pick in the first end might have thrown some people off but it didn't even seem to rattle eve. i said, what makes her so calm at 23 years old and keeps her in control? and she said, you know what, she has this demeanor about her, it's something she can't control and she can't do anything about. she has the feisty grit and determination to move on. it would have been different if it happened in the ninth end instead of the first end. as far as taking control and beating canada, really because these two skips are both so good, it will come down to the women in front of eve muirhead and jennifer jones.

they have to play a real team game. they'll have to set up their skips for whatever team will win. >> what a special relationship for eve muirhead working under rhona martin. when she won gold in 2002 is the reason why eve muirhead decided to pursue this olympic dream. muirhead was 12 years old at that time and she aid from that moment on, that's what i wanted to do. i wanted to be like rhona martin and win a gold medal. now rhona martin is helping her as she chases her olympic dream. >> we talk a lot about the people and what they mean. those types of stories, you can't find them in a lot of other sports to the level that it goes to for the olympics. we talked about jen jones trying to make the olympics three times in a row and investing 12 years

to be in this moment. same kind of thing for eve muirhead and to have the help of an olympian, a gold medalist olympian in that effort is pretty amazing. anna sloan trying to make a freeze there. that rock not curling. again, getting a pretty good result out of it though. >> and now here's kaitlyn lawes for one more in the sixth end. percentagewise, pretty even so far. great britain at 85%, canada at 84%. >> double attempt. those nose-to-nose and they lose their rock out of the four foot. they do have two rocks in the top of the rings, however, so

decision time for eve. does decision time for eve. does she get aggressive and take a risk or does she play it a little safer and get rid of one of these stones of team canada? >> so the aggressive play here would be to throw a guard on the center line and challenge jennifer jones for a way to remove shot rock from the top of the four foot there. a little more defensive for eve to hit this rock. they're just going to hit this on the nose. en jennifer jones will likely play a runback at that point with the yellow rock on the

center line. >> nose hit there. that did roll in a little bit, so jennifer might have a double, but she is going to play the runback. >> after five ends during the round-robin meeting between these two canada had a three-point lead. here their advantage is one. as we play in the sixth end. >> critical in this shot that jennifer keep a yellow rock in the rings. if the yellow rock rolls out, eve will be able to split the house and force jen to take one

point with the hammer. staying off of this one, waiting for it to curl. she gets it to the nose but it sticks out, fully accessible for eve to make a hit-and-roll now underneath the guard and make it really tough on jen. >> muirhead is racing down the ice. she can't throw this stone fast enough. she sees it and wants to go after it. >> now, as long as she hits the stone and doesn't leave a double, jennifer jones will have a little more than five feet of the rings to draw to for one

point, but it would be a successful force for eve muirhead. seeing a couple of rocks run straight here. this one's finishing up. >> there's the roll. >> and that will force jennifer jones to draw for one. >> much clearer path to center on the left side as you look at it compared to the right. so that's where she will go to. she will try to bring in her stone for one. so great britain will do its job here without the hammer in the

sixth end in forcing canada to take one, if jones makes this shot. >> two quick observations, andrew. we heard eve and her team look at this line a little further out two ends ago for a draw and they said, you know, we haven't been out on this path yet. it's a little fur tther out. jennifer jones did throw that end that came up short. >> 69% on her four draws today. final stone of the sixth end. >> right now saying, line only, plenty of room. sweepers just cleaning it in. >> jones nails it for one. so after six ends, canada's lead is 5-3. you a little bit ago, have been weaker this morning. you can see right now, dow futures town by about 45 points

below fair value. s&p futures would open off about 6.5 points if they were to hope right now. if you watch what's been happening in europe, you will see that at least at this hour, there are some red arrows. the dax in germany is off by 0.5%. asia overnight looked like you saw the shanghai up by just over 1%. the nikkei was down by just over 0.5%. and oil prices yesterday jumping 2%, having the best day in 2 1/2 months settled above $102 yesterday. you can see that they are continue to go climb this morning, another 42 cents higher at 102.85 for wti. the ten-year note at this point is yielding 2.684%. we have some economic numbers coming up today that we'll be keeping a look at. the dollar is stronger against the euro, down against the yen. euro/, 1.3747. dollar/yen, 101.99. gold prices yesterday were up

for ninth session in a row. that's the first time they've had that long of a winning streak since july 2011. giving up just about $4.40 this morning, $1,320 an ounce. if you didn't catch the episode of cnbc's shark tank last night, not to worry because we have an extra dose of mr. wonderful from for you right now. kevin o'leary, also the co-host of shark tank and the author of the new book "cold hard truth on men, women & money." good morning to you. i should say, by the way, you called it and you said it, we had you on maybe three weeks ago. we were talking about the minimum wage and you said, you know, you do that and it doesn't mean more jobs, it means less. so given the cbo report, do you have any quick views on the minimum wage debate this morning? >> it's evidence positive, andrew. that's the whole point.

i the ice cube curling center. great britain with the hammer. they trail by two. this is women's semifinal action. the winner moves on to the gold medal match tomorrow. of course, the loser will play a game, as well. the bronze medal match here at the ice cube curling center. well, john, pretty even battle. look at the percentages. 86% for great britain, 84% for canada. both skips above 80%. the type of game we expected. and you heard kevin martin say it during the fifth end break with fred roggin. you just hope that this game isn't decided by that pick in the first end. and right now that's a big part of this game. >> that's really been the only difference here. each team kind of doing what they need to do based on what the scoreboard says.

unfortunately, the two that opened up the game has really dictated the game for canada and great britain. so great britain now going to have to start looking at taking more and more chances. wanted to get a hit-and-roll underneath the corner guard there. half shot rolling out. so canada will peel off this corner guard. >> the deeper you go into this game with a two-point disparity, the more rocks great britain's going to want to keep in play. and here's a call we don't see very often. we saw it a few times late in games during the round-robin.

great britain actually going to go around the rock in the rings to the back 12 foot and use that yellow rock in the 4 foot as a guard. >> eve muirhead asking vicki adams. and now muirhead jumps out. >> anna sloan not on the ice at the moment. >> wow. so anna sloan, the vice-skip, we assume, must be taking a bathroom break right now. >> actually switch that. >> it's claire hamilton, the cle lead, that's not on the ice. >> she threw her rocks and might have taken a break here.

getting eve out of the house to do a little sweeping. and there's a clean miss. >> oh, boy. >> by jill officer. >> a look of disbelief on the face of jill officer. she's still a little stunned. >> that rock just overthrown with almost like she threw peel there. >> claire is back on the ice. she just walked on to the ice. >> eve calling for a hit-and-roll here. they want this -- want this rock to stick around. it's got to curl. it's really got to curl. need this rock to stay in the rings, and it's not gonna.

>> jones sweeps it out. and just one rock in the house. it belongs to team+++,8i i just go look at the numbers. >> kevin, one issue, the olympics. i hear you're riled up about olympic endorsements, lack of endorsements? >> i look at the numbers, andrew. if the olympics really cost russia $50 billion, how many countries can actually compete for that? we're going to have a concentration of a few entities that foot a bill like that, because the economics make no sense to me. sochi should have should not have $50 billion invested in it.

if i look at that, i say to myself, this doesn't make sense any more. my economy can't afford it. i feel worse for the olympicances. i can't think of anybody from the van coucouver olympics that made a lot of money. it's become an economic challenge to me. i'm not sure that the xhm economics work for me. russia overspent. can anybody deny that? >> no. it's the central planning. it's going to come back, kech, to haunt the people in russia that are on the low end of the scale. but it's central planning. they put 100 smart people together, we're going to do this, we're going to do that. they let assetes and capital flow where it makes no sense and they're going to end up paying the price for it, right? >> it's horrific. i would never invest there. i once owned stock and i woke up and somebody told me the government took my money away.

putin is back and i will never invest in that economy. if i want oil, gas and energy, i'll go to australia, canada or -- >> would you ever hire an olympicance to be your spokesman? >> you know, that's a big challenge. at the end of the day, i want to know that people would know who that person is. and i don't know when is the last time you bought a ticket to go watch people on cross-country skis with rifles shooting at things. you only see that once every four years. i don't think the metric works any more. they work very hard to win medals and we forget about them afterwards. >> it's an interesting, maybe unpopular, view for certain people, but i agree with you. kevin, thank you for joining us this morning. remember, every tuesday is shark tank tuesday right here on cnbc. so you do not want to miss that's. that's 8:00 and 9:00 p.m. eastern time and pacific. about we come back, a war of words in a smartphone universe. blackberry's ceo taking a shot at t-mobile.

find out why right after this. and the bush brothers are checking in. billy bush and jonathan bush will be joining us from sochi. they're having a wild times at the games. we'll get a taste of that next in the next hour.

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welcome back, everybody. blackberry's ceo is firing back at t-mobile. he says the carrier's promotion

encouraging blackberry phones to upgrade to iphones is ill conceived. last week, t-mobile pitched its customers for the iphone 5s. t-mobile later said it is happy to work with blackberry and will offer speedy and free shipping of blackberry's devices to customers who order them. coming up, frozen-nomics on the air and on the tracks. how the transports are weathering the nasty winter weather. and later, she takes out zombies with a sword just like the one i have behind me, which i'm going to put on later. now she's going to be on the squawk set. actress denai garia, better known as shone will be our special guest along with charlie collier. don't miss it.

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you've driven anywhere, i don't know about trains, i guess maybe they work okay in this kind of winter weather, but imagine trying to run one of these companies with what we've seen, all the volatility this winter due to severe weather, all the snow across the country.

joining us to talk about the impact on transports is the managing director and senior research analyst at avondale partners. just like fedex, 11 national service outage delays versus three in the year ago quarter. it's across the board if you're trying to move something with a truck or trying to move something in the air, it's just obvious what's been going on, donald. it's a major effect on the transports. how should we view these stocks as investments based on that? >> i'm hoping the market is going to be a little episodic and give us an opportunity to buy some of the better quality names at discounts. if i look at the data, you point out how cold and how wet, how much snow and ice we've had, but also the comparison last year according to noaa was one of the second warmest in the last 188 years and certainly one of the lowest amounts of precipitation. so the year over year comps

optically look, you know, kind of silly, outside down. not only has this been a bad winter but last year was very mild. >> so you're hoping that the markets react to it a little because, implicit in your point is it doesn't really change the outlook or the balance sheet of these companies. if you want to buy them for the long-term, you might have an opportunity but you don't expect them to sell off. >> if i look at the sequential rate of decline fourth quarter to first quarter, most haven't adjusted down enough. we've begun doing so ourselves because we just now passed half the quarter. don't like to make the judgments until the end, get made up the next couple of weeks. >> that's the thing. number one, how much -- you point out these are the questions asked. how much off of gdp what we've

seen. not just the transports but weather in general, what do you think? is it half a point? a point off gdp yet? >> at least that. if you look at the rail segment alone, six-week moving average of railcar loadings, great proxy what's happening nuts and bolts of the industrial economy, was down a good 4.5, almost 5% at one point. now that's rebounded. it's been a bit of a roller coaster if you will as we're seeing volume going back. only in areas where they still get things moved. canadians having an issue with the weather, not just precipitation but cold. eastern railroad, csx, southern, struggling with weather. you live in new york. you've been pounded by it. >> even people looking to sell the house, we're going to sell the house eventually, people aren't even looking. they can't drive down your

street. even housing, people aren't constructing because there's five feet of snow. >> do you give them a pass? >> how much is made up. >> what just said, how much will we see in the next three months if we make it even a year ago. >> we won't know until june but daffodils will be coming up in my yard in a few weeks. >> california. >> but i live in st. louis, missouri, and i'm willing to bet they will come up in the next few weeks. i'm dying to go buy annuals to put in the yard. it will happen. >> that is the right reaction, whether they make it up or not. >> in the spring there will be growth, just need to be making the right. >> the sun will come up tomorrow. >> thank you. see you later. coming up turn up the

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turning up the trading volume. dennis gartman of the trading letter gives his best and worst. >> extra push over the cliff. >> lights, camera, action. billy bush of "access hollywood" and his brother jonathan together live from sochi. >> plus tracking young money on wall street. you never know where that path will leave. kevin will give us the grand tour.

♪ ♪ good morning, everybody. welcome back to "squawk box" on cnbc. we've been watching the futures this morning and they have been under a little pressure. if you take a look, you're going to see dow futures down 48 points, s&p down by 7, nasdaq down by 11. yesterday a mixed market but nasdaq pushed higher. ten-year note yielding 2.681%. in some of our headlines this morning at least 25 are dead, hundreds more injured in increasing violence in ukraine. opposition protesters occupying kiev for three months after ukraine's president rejected trade detail with european union in favor of russia. he's accused protesters on attempted coup. we'll have more on the situation later in the show.

plenty of economic data for investors to consider. housing starts coming out and newly revamped version of ppi, producer price index. that's going to be out at 8:30 eastern time. housing starts will be watched carefully to try to assess the impact of severe winter weather. new version of ppi including cost of services and construction in addition to goods, the latest minutes that come at 2:00 p.m. eastern time. and the weather is a recurring theme on recent earnings report. mattress firm furniture retailer la-z-boy, retailer group 1 automatic and panera bread mentioning negative effects of the weather and quarterly numbers out after the bell. for a lot of stocks, sometimes it works, sometimes it doesn't, one off. la-z-boy maybe not the case. that stock down 12%. >> we're going to talk target.

did you know it was andrew's birthday? >> no, i did. happy birthday. ♪ >> do you read horoscopes or daily news. >> i read both. >> what does it say? >> you won't buy a lottery ticket but you read your horoscope. >> will you buy me a powerball lottery ticket today? $400 million. >> my bride is going over to buy them, i'll make sure she picks you up one. >> depending which paper you read, no wonder you're so messed up. you are so harsh. in the post you're an aquarius. >> depends which people you read. >> in the other you're pisces. >> people say my tendencies are pies he's like. >> february 19th to march 20th. >> depends what magazine you read, it's true. >> sally, you're january 21st to

february -- what does this say, though? how can you go through life not knowing what the hell you are, aquarius or pisce pisces. >> age of aquarius you have to take off your clothes like hair. >> you look back and wonder how you could have gotten worked up about something so trivial. if it's your birthday, it's unlikely the level of support from loved ones over 12 months. >> joe. >> that's already started. going on for years. >> that's okay. need to rely on yourself and look back how much stronger you've become. happy birthday pisces. a certain risk necessary to move

forward. don't forget to research as much as you can. one way to achieve your goal is to make a plan and follow it. >> i think pisces is the much better goal. >> i don't know how you go through life not knowing if you're a pisces. >> he's on the cusp. a lot of people on the cusp. under the circumstances to choose from both. >> explains a lot, like if you're conflicted, screwed up. >> conflicted is a nice way to say screwed up. >> new report says target breach cost $200 million for banks, doesn't take into account any fraudulent activity. that could push higher. consumers not held liable. two banking associations say 200 million of the 40 million cards. >> cost them that much to replace cards. >> may i have another, please,

compared to -- how did that pay on that end, jpmorgan, all the other stuff. >> total number 23. >> this is $200 million, why are we talking about it? spread out across banks. >> something they didn't do. >> not material. >> our guest dennis gartman, founder of the guardman letter, cnbc contributor. good to see you. we're looking at this. you believe fervently this is a bull market. >> still a bull market. >> you got worried when things started to dip. >> sure. >> what did you start looking? whether or not worried you the most about that? >> perhaps the number of people who got overtly bullish at the time. nothing more than that. markets move more by psychology than fundamentals. that's all it is. i must say this morning i'm a little concerned again because you bumped up in nasdaq yesterday afternoon, you bumped up into overhead resistance.

i'm a little more concerned after 10 or 11 days on the upside with nasdaq one has to be a bit concerned. probably not a bad idea to become a little less aggressive on the long side and a little more interested in taking a little protection. >> you're somebody who looks at this from trading mentality, quick moves up and down. >> one likes to have a long-term perspective, judge or change conditions depending what the trend is, lower left to upper right. i like to say only three positions in a bull market, really long, pleasantly long or neutral. sometimes neutrality isn't a bad place. one doesn't get short, it's still a bull market. >> relatively -- >> doesn't mean he knows everything. increased puts on s&p. >> huge put increase. increased position in other

stocks. >> one guy would know. >> 1840 on the s&p. 1850 number might -- i keep asking 1850, is this 2014 for the entire year or do we finally get through and trade above? >> after last year, 28% on the upside, whatever number you look at, why can't you go sideways for a period of time. >> don't want to go sideways, want to go up. want things to be more than they were when we started the year. why do the year? how many years do we have left? >> you and i, fewer than we had. >> i figure a third. that's what i'm banking on. >> third of what. >> minimum two-thirds, that's it. third, 29, 29, 29 at least. but i want the last to be like 59 or more. i want to be a doubler. >> all right. gold, did you go long? >> yes. >> 1320, when did it go up

there? what happened. >> in the course of the last several days. pretty strong upside. >> do you have any idea what moves gold anymore? >> no, not really. sometimes merely technical in nature. that's all. stops going down. it's interesting. if there was one indicator that gold would go up, at gold bug conferences, conferences that might have 2,000 down to 200. declined to outrageously low levels. >> in terms of the yen. >> under the circumstances the bank of japan has no choice but to expand reserves. this morning yen trading 102, which surprises me a little bit. 101.85 not too long ago. over the course of the next several years, dollar yen to 125, maybe 150. this is from somebody that can remember in my career spot dollar yen at 285 yen to the

dollar. for me to think it can go to 125 is not that large a move. >> dennis is our guest host today and we will have more with him the rest of the show. >> following young money. kevin roose, "young money." he'll join us in the next half hour. first we are live in sochi and michelle has complete access this morning. michelle. >> complete access, very cute as in access hollywood or access sochi. why am i saying that? billy bush from "access hollywood" will join us, also jonathan bush, his brother, frequent guest on cnbc. can't wait. we'll be back after the break. for what reality teaches you firsthand. in the face of danger, and under the most demanding circumstances. experience builds character. experience builds confidence. and experience... has built this.

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we've been keeping an eye another futures. we'll start out with red arrows. dow futures down 42 points. s&p off by 6.5 a deal just crossing the wires. sails being acquired for $21 and cash by signet jewelers, a deal of $1.4 billion. you can see that shop. jumping on the news, up about 40%. >> wow. the winter olympics under way obviously in sochi, russia.

michelle caruso-cabrera joins us with two special guests, the bush boys. who is it? >> that would be billy and jonathan bush. jonathan frequent guest on cnbc, so people familiar with him. >> hello. >> billy bush, everybody knows who he is presenter of "access hollywood" and big national syndicated radio show. >> hello hello. >> i sit next to billy at cnbc office. >> we've been jealous because we see the great stories you do so, so fun. i have to point out you've never been on tv together. >> you look good on tv. >> you look so hand some. the magic of tv. have you had had work done? all that botox paid off. >> hollywood, health care, so

different. >> you spend enough time in hollywood, you need some serious health care. >> if anyone can make health care sexy, it's this man here. i would say he's without question the tallest midget guy in health care, which is not a sexy business. >> when you've got billy bush as your brother and you want to be sexy, you have to start at the most sexless place in the universe. from there, hey, i'm the sexiest man in medical billing. >> claims process. whew! >> you know what claims processing is, know all about it. >> i'm an investor, stockholde.s >> this guy bought in at $1. >> well done. come on. >> speaking of sexy. >> of course he bought a mid wife center. >> in sochi. >> i joined the sochi walrus club for a little dip in the ocean. boris and the guys, there were seven of them. they took me out there and it was quite -- >> we have video of this with

you in your bathing trunks. there you are. >> see the light switch moment. oh, man. that was the shrinkage, you would not believe the power of the shrinkage. coming out of the water. my camera man tried to hit me on it. i had to protect. >> then you went to a spa. >> went to a spa, took the great scott hamilton, the ace of blades 1984 s, fish peeling. >> throw me in the ocean first. >> the health care book. you process claim. >> i'm sure we'll have an ic 10 code for it. rash from fish nibbling. >> it feels like pins and needles, pins and needles, your foot falls asleep. it's not good. >> guys in the studio want to ask questions.

do you want to weigh in there? >> i don't know. billy. you've got the fame and q rating but sexy, isn't 50, $60 million sexier than you at this point? i don't think it's even close. for me. for me. >> he was so gracious to give me half of his stock, so it's pretty sexy, baby. >> what? it's funny, nights with billy and the hollywood crew, one doesn't always remember will it's a new way of going at it. everything tastes delicious, everyone looks delicious. i need to stop. the olympics need closing ceremonies before i get in trouble. >> he's been out on the dance floor. he's been having a ball. >> billy, you're a bush but also big-time mainstream media. your great brother gives us a free market treatise whenever he comes in about regulation and things like that. where are you? are you a leftie liberal hollywood type, or are you a

jonathan bush type middle of the roader? >> i'm a -- i've voted for all kinds of people. i'm an apolitical man who doesn't talk politics. >> safe answer. >> that is a safe answer. >> jonathan, i want to know about work withdrawal symptoms, are you having it? you haven't been working for like two months. >> no, it's only been less than one week. within 24 hours of my announcing i was leaving the office, the stock went up 25%. the way i look at it, i'm never coming back. i'm just going to ride around until the thing stops going up. >> is this your first olympics? >> no. i free loaded on the torino olympics in the smaller room of billy bush. i think i may have seen someone skate somewhere but mostly i saw fabulous barolos. fabulous colorful olympians in

their natural stadiums. >> you stayed in his room in torino? >> absolutely. >> are you staying here? >> he's got his own room now. >> he helped me out. >> he was planning to stay with me. john -- the beautiful thing about this man, he is very, very simple. the stock price, all that, ha ha, a simple man looking forward to bunking up with his brother. i said, you've got to be kidding me? get your own room. you can afford it. i stuck him down the hallway and he's got his own spread. al michaels and dan patrick. >> al michaels. >> the greatest treb of being at the olympics is getting to hang out with al michaels. check out his hands. he had them done, phenomenal. fingers. >> on twitter. he rants. al michaels rants needs to be a twitter account. ask al, al, how railroad the accommodations. he'll go. al, how is the food. he'll go. just prompt him, you'll see. you'll love it.

>> i have a question for billy. we had a guest on kevin o'leary from shark tank in the last hour. he said he didn't think celebrity endorsements in terms of the olympians will come out of the olympics have the kind of mojo that olympians from previous years and decades had. do you buy that? >> we haven't had many golds. we're looking -- i've got to be careful what i say. i know nbc wants to withhold information. >> not as many as you might expect. >> not as many as you expect. bode miller will always be big business, best alpine skier. apolo ohno. gracie gold, with that naoma hollywood movie, a script ready to go. i think if she could nail -- if she nails the gold medal, forget it. she'll be through the roof. >> how about oshie?

>> t.j. oshie, i don't know. i think when he gets back he'll go back to st. louis blues and hockey will go back to being hockey. i'm a giant hockey fan myself but it's not football or basketball. >> when nhl says they might not help out for olympics, how do you feel about that? >> i think they will change their mind. nhl made one terrible decision and led to a lockout. it ruined the game. almost annihilated the game. they worked very hard to get back. this would be a mistake if they didn't let players compete. >> guys, we had so much fun having you on. thank you so much. it's been great. >> thank you, guys. being in front of the camera for 11 minutes, you saved my ego. >> put my makeup on? >> now you look older than me. >> i have been on. that's why i look amazing. >> see you in the office. >> bye, guys. thank you. >> that was great. thank you all. when we come back, the music

label behind bruno mars says it has a new way to find the next big thing. plus why new jersey is ready to go to battle in the supreme court. here is a hint. think sports and big money. "squawk box" will be right back. ♪ ♪ you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go like a pro.

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new jersey wants supreme court to overturn a ban on sports betting and argues the laws unconstitutional because it treats states differently. new jersey suing four major sports league that support the existing ban. the league argues the league's integrity might be compromised by state sanctioned betting on them. not by steroids or anything like that. andrew. >> we have entertainment news. steroid use? is that what you're suggesting these muscles are not real? >> no, your head would be even bigger. you've seen the before and after. barry bonds with the hat. >> lets talk music, wariner

music with acts. new art is discovered through the app. they will use shazam. kind of a cool idea. behind bruno mars, red hot chili peppers. you know what it is? >> no. >> it's an awesome thing. you have the app. lets say you hear a song. a commercial is on tv or you're in your car or you hear it on the radio, whatever. you put the app up in the air and it tells you what the song is. you can download the song, you can buy it. shazam. >> do you know -- >> do i know -- >> do you know who popularized the expression shazam. >> of course not. before my time. >> shazam, shazam. >> help me.

gomer pyle. >> jim nabors, great voice, singer. trying to help with the demo. >> there's actually a mayberry. >> getting america back to work. the ceo will tell us about the resurgence of manufacturing. y! aah! [ female announcer ] the complete balanced nutrition of great-tasting ensure. 24 vitamins and minerals, antioxidants, and 9 grams of protein. [ bottle ] ensure®. nutrition in charge™.

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welcome back to "squawk box." stocks in the news, jewelry retailer sails bought by signet for $1.4 billion in cash, $21 per share price, represents 21% premium over sails tuesday closing price. diamonds are a girl's best friend. what's the line? >> diamonds are forever. >> but neither of these companies. another stock, gps devicemaker garmin, reported $0.76 per share. >> dennis gartman. >> ha ha.

>> revenue, garmin able to generate 50% from nonautomotive devices. herba life, $0.03 above estimates, nutritional productmakers raising third quarter outlook although current guidance below forecast. cincinnati state announcing partnership to help state of ohio to prepare a highly skilled workforce to take advantage of manufacturing resurgence in america. joining us to talk about the partnership, president and ceo of siemens usa. how does this work exactly? >> we have a software siemens, one of the leading industrial softwares in the world. an in kind donation to cincinnati state technical and community college.

they will be able to train mechanical engineers and design people on how to use software. that software is used by 71,000 companies around the world. in cincinnati it's used at our plant here in norwood. also we have 500 other customers in cincinnati and ohio. it's going to train people on the latest software that's really driving digital manufacturing today. >> there's a lot of talk now about what we need to do with not just -- obviously we like preschool and like to improve our elementary schools but secondary education just isn't doing it to train our workforce for the future. this is a pretty good example of innovative way to approach this, i would say. >> yeah, we donated to colleges, universities, community colleges but also to high schools because around the world we're finding a lot of high schools want to get this -- start developing skills at an earlier age, grades nine

through 12, not waiting until out of high school. we do this thousands of colleges and universities around the world. >> you think about a four-year liberal arts education that costs over $200,000 that you borrow, and you think about what you could teach kids in two years that might land them a really high paying jobs and get all these companies on that say, yeah, we could hire 2, 300 people if we had them. the marketplace should bring these two together eventually. this is the start of that, i guess. but it's going to take a while. we need to do it faster. >> yeah. i think businesses need to do a better job communicating with educators and local governments about what's needed in the workforce. if you take a look at manufacturing today, the skill level is much higher than it was 10 or 15 years ago and that's only going to accelerate. the gap we have now in terms of finding people for some of these highly skilled jobs is 2 or 3 million around the country. that could widen if we don't put

programs like this together. we're not only donating software but starting apprentice programs and co-ops with other around the country for manufacturing facilities. >> for every manufacturing job that gets automated, how many can we replace -- can we replace one for one or fighting a losing battle for going into the future of manufacturing? >> no, i think, look, a lot of the jobs that were commodity jobs, lower technical jobs, those things have gone away and i don't think they would be coming back. but if you take a look at the new jobs, highly skilled jobs, i think it's an opportunity for new middle class. these are very high-paying jobs, a lot of investment in digital manufacturing in the u.s., 3 decreases printing, all software led. really it's a different skill set that's going to be needed. these are very, very high paying jobs. many of the jobs we're starting people at in these skilled positions in our manufacturing plants pay more than people with

a four-year liberal arts degree. >> we've got energy revolution with shale and other countries where wage prices are rising much more quickly than they are here. so that's narrowing the gap. so 10 years from now we may say, wow, there's a time we thought manufacturing was going away and we might say once again we were wrong. >> i think one other big advantage we have in the country, almost 80% of the software developed in the world, particularly industrial software is developed right here in the u.s. that's really going to drive this digital revolution. we've got a big advantage over the rest of the world. >> do you live there? you don't live in cincinnati, do you? >> i live in washington, d.c. i understand you're from cincinnati. >> are you a gold star or skyline guy? have you had all those? how about ribs? >> we were talking about getting a little skyline today. >> you were? what's your thing, a four-way,

five-way? it's not what you think, three-way. >> why? >> i saw you immediately flinch. especially with five-way, i don't know what that would involve, a different species. >> not that there's anything wrong with that. >> not that there's anything wrong with that. politically correct show. it's cable. we've got to do a few things. you should see the people in cincinnati. that's pretty conservative. eric, appreciate your time today. thanks and thanks for what you're doing for cincinnati state. >> thank you. >> coming up, joe visiting the set of "the talking dead." more on his experience on highest rated late night talk show. there he is looking very suave. back in just a moment. we go inside the world of wall street's young and rich. while the pay is good, it could

make your life a living hell. the author of "young money" join us right after the break.

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eastern time, we'll be joined by president charlie collier. he's bringing one of the characters from "the walking dead," danai, better known as michonne, wielding a sword, slicing up bad guys. i have one here with me. i'm going to wear it. a very cool guest recently had a great story line in the show. we're going to talk about that and really talk about the business of niche programming in cable. >> is it niche? >> not really a niche. not anymore. anna had the opportunity -- i was such a super fan of the show i was a guest on "the talking dead" with jim hardwick, comedian -- you shouldn't be on

with a kid or professional comedian because he's incredibly funny. actress anna master son who plays tara. she yelled at me. tara, like tear a piece of paper. now we can talk about the latest. she's with glen. unfortunately she was with the group that killed glen's father in law by slicing his head off. so she's going to show up -- glen is going to show up. eventually he's going to find maggie, his wife, with this woman who was -- >> you didn't see this one? >> no. >> people in the audience haven't seen. >> not really. just because you haven't seen it doesn't mean there's a lot of -- what are you watching now? "orange is the new --" something. >> "house of cards." >> i'm a week and three days

late. it was sunday night. >> you can't say anything to this guy. >> that's wonderful. >> for watching ""the walking dead"" i should add. as it came outfit my mouth i knew. >> stop while you're ahead. >> the author of "young money." kevin roose will talk to us about being young and rich and working on wall street. it may not be all it's cracked up to be. "squawk box" will be right back. [ tires screech ]

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this morning. the quickest way to start a career on wall street has long been a two-year analyst program but that's come under fire since the financial crisis. joining us with more and a special friend. >> began in the 1980s when the boom of junk bonds meant banks needed to find a way to keep younger staff. less to finance boot camp and less sleep nascar nights and spread sheets why are so many

future financeers throwing in towel. every year thousands of bright eyed coeds descend on wall street. for decades, power loomed large. so did the industry's locker room culture, fraternal rituals and multi-million dollar trading days which lured finance and nonfn types alike. >> if you think of where these kids go, five years ago it was wall street first. >> bond traders and back office bankers burned the candles at both ends for the promise of that payday. >> i'll tell you what you show me pay stub of $30,000 and i'll quit my job and work for you. >> $1 1,00 91,400, most higher. tens of thousands of workers

laid off. pay plummeting for those that weren't. >> five years of vilification has certainly hurt the perception in the industry. that hurts in terms of do i want to work at these large banks anymore. >> business students have increasingly said no. >> we probably have fewer shoppers. so students that prefinancial crisis were not necessarily looking at wall street as a long-term career play but more excited about the pay and cache of the industry. >> wharton, another feeder school, sending half as many students to big banks as it used to. adam grant, a top ranked professor sympathizes with students. >> i've heard from a number of students that have been really unhappy they chose wall street. at first when i heard reactions i stopped advising students to go there. i thought it was a sad way to spend the majority of your waking hours. >> throughout the day on cnbc and special report on cnbc.com,

looking at what the banks are doing to poddernize. also hear from former analysts in their own words. you can bet interesting things to say. they are compensated well, six figures out of school. a harder sell with work more monotonous, industry regulated and lure of other industries consulting technology is a little bit better because they can promise more diverse opportunities. >> thank you, kayla. we should add kevin roose joins us with more on young wall street, author of the book "young money, inside the world of post crash recruits." they compare it and it's on amazon. the question is whether you think the modern day wall street, this sort of new generation is really so much different than it used to be and you think long-term they are moving away from the street and going to other industries or it's a cyclical event.

>> i think it's structural rather than cyclical. i think after the financial crisis when i started following eight analysts at goldman and jpmorgan and other big banks, it was a sense it was temporary, things were going to come back to normal. i think the rise of silicon valley and the diversity of options available to college juniors and seniors means that the banks are never going to sort of regain -- >> i remember in the late '90s all of a sudden everybody was going to silicon valley. all of a sudden wall street said you don't have to wear a tie on fridays. >> after the silicon bust. >> then there was the bust and everybody went back to wall street. >> it's possible. there's other organizations intact plg away wall street recruits. one in six ivy league seniors applies to teach for america. >> kevin, how much do you think it's the populism we've seen and people really disliking wall

street. how much does that affect wall street? >> i think it affects a lot of people's decision. i was shocked when i followed analysts. >> you spent time with eight analysts on an anonymous basis. you covered up who they are. they were with big firms. you talked about the culture inside. >> i got into their lives. they took me to parties. one gave me his diaries. it was an intimate portrait. i heard people say i never thought about my job in moral terms before. one was a goldman trader -- >> come on. what did they think they were doing? i'm not saying it's immoral to begin with. i'm suggesting it is what it is. >> they are 22 years old and the recruiters come to them and say, look, you can come to work on wall street. you can help save the world. we do all these things and they are 22. they buy the line. then, you know, one guy had his boss say, look, if you're not here to make money, you should leave. >> that's what the business is.

>> i have to say it used to be roughly 30% of any ivy league graduating class would go to wall street. it's about half of that now. executives at these banks will tell you, you know what, we're now getting people, even though that's a smaller percent of the class, we're now getting people who want to work on wall street, interested in the core business we do, working with clients, putting models together. we're not getting people in it for the money, in it for the prestige. that's gone away, but getting people they actually would prefer. do you think those people who are looking for, as mark from columbia said, the cache of wall street? >> it used to be at certain ivy league schools, wall street was just where you went. it was where all your friends went, even if you majored in art history or archaeology you went to wall street because that was the thing to do. i don't think that happens anymore. kayla is right. people going into banking actually want to be banking. >> one out of six ivy leaguers

are now going to teach for america? how are they going to do that? how are they going to pi for their high school education at $45,000 a year teaching for america. that i find to be utterly in comprehensible. >> i do think that's a point. one of the things i point out in the book, there are a few types of people who do tend to thrive when they are young on wall street. one are the people with tons of student debt, loans to pay off. this is a great way for them to do that very quickly. >> one of the things getting a lot of attention in this book is when you broke in or went under cover, if you will, we were actually working together at the time. you were a "new york times" deal book man happily and you went into a fraternity, lets say, of wall street. what happened? >> a secret society called kappa beta phi, membership exists important wall street executives from big firms. they meet once a year to induct new members. it's a black tie affair at the st. regis.

i thork i've got to see this. i was curious how they go up the chain, how their psychology changes. i waltzed into the dinner. >> nobody stopped you. >> i was in a rented tuxedo. i looked terrible. i was 20 years younger than everyone. i think they thought i was part of the catering staff. i watch the whole thing unfold with skits and off color jokes, making fun of regulators, occupiers. >> you make a moral judgment in the book what they are doing is horrible. >> it is horrible. >> here is my question. i saw a lot of comments on the article online where people said this is what happens at an office party all the time. >> sure. but this is not just any office party. these are the most important people in the world of finance. >> and they had the audacity to make fun of regulators, kevin? >> shocked. shocked. >> telling public jokes --

>> that's not what you said, said making fun of regulators. >> making sexist jokes about left wing politicians. i think what you have to remember, this was in january 2012. this was months after occupy wall street movement and a lot of these guys were keeping a low profile. then when they were behind closed doors, or so they thought -- >> what happened when you got caught? >> i got outed at my table. tie a picture. a guy next to me -- >> doesn't sound like it was that -- they didn't care you were there that much, did they? it wasn't like people en masse -- were there any virgin sacrifice? animal torture? >> not that i saw. as reporter it was like -- >> i know wilbur. he's a good guy. it was horrible? it was horrible what was going on? >> they were very, very -- they took me out into the hallway.

>> i'm glad you're okay now. >> how did they out you? >> i was taking a picture of the grand finale and a guy sitting next to me, a manager grabbed my arm and said what are you doing here? i had to identify myself as a reporter, obviously. then he said you're not allowed to be here. he tried to sort of take my phone away, then i got escorted out. >> you've heard the jokes at the friar's club roast. i was a member of a secret society, tap a keg a brew. different society. >> one other question relates to populist image of wall street. we talk about "the wolf of wall street" all the time. that is an image out there that may not be representative of modern day wall street. >> never really wall street to

begin with. >> it was a period piece to some extent. do you think -- now this you've spent all this time with these guys, does wall street get a good or bad name? >> i don't think the stereotype is correct. "the wolf of wall street" is one thing. when i follow these guys, their lives are nothing like that. they work 100 hours a week. they never see their friend. when they do take drugs it's addera adderall, it's to stay up and work. >> how many on wall street? >> about half. >> how many are still talking to you? >> all of them actually. i think there's a painful time in their lives but i think they are glad. >> nobody has been outed by their employer or otherwise? how old are they now? >> 25, 26. >> kevin roose, the book is called "young money." >> thanks for having me. when we quo back, more on the markets from dennis gartman plus market opportunities. "squawk box" will be right back.

still to come, the "squawk" set is invade by "the walking dead" of the president of amc is here and he's brought a friend. michonne is here to talk cable ratings domination. it's the squawking dead and only on cnbc. we asked people a question, how much money do you think you'll need when you retire? $500,000. maybe half-million. say a million dollars. [ dan ] then we gave each person a ribbon to show how many years that amount might last. ♪ i was trying to like pull it a little further. you know, i was trying to stretch it a little bit more. [ woman ] got me to 70 years old. i'm going to have to rethink this thing. [ man ] i looked around at everybody else and i was like, "are you kidding me?" [ dan ] it's just human nature to focus on the here and now. so it's hard to imagine how much we'll need for a retirement that could last 30 years or more. so maybe we need to approach things differently, if we want to be ready for a longer retirement. ♪

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more economic data on the way. will the nasty weather hamper housing starts? we'll have that report at 8:30 a.m. eastern. >> measuring risk versus opportunity. the head of global event trading will tell us what he likes right now. >> and the squawking dead. the amc network president charles collier and actress dan danai, you know her as michonne. they sliced their way through a horde of walking dead to get here. "squawk box" begins right now.

welcome back to "squawk box" on cnbc. i'm joe kernen with becky quick. happy birthday. get older quickly. >> we're making some ground. top stories, deadly clashes in the ukraine as riot police and protesters are in a tense standoff in kiev. nbc's richard engel is on the ground and joins us with the latest. either not a good thing when we do see you, we haven't seen you in a while. normally it's something like this. bring us up to date on what's happening. >> reporter: the medical officials say, and it's good to be with you, that 25 people have been killed since yesterday. this protest movement has been going on for about three months. it started out as a protest against the government. the government is close to

moscow and the protesters wanted closer relations. it was supposed to be a deal to end this protest movement and that deal fell through. then for the last 24 hours or so, there has been a great deal of violence, much of it overnight, when the demonstrators still in independence square set bonfires all around them to keep the riot police back. now you can hear on the loud speakers protest leaders are calling for reinforcements. they want more young people to come and take a stand with them against the government. they want them to bring more tires so they can have more fuel to burn to keep the bonfire going. certainly an unresolved situati situation. >> so at this point, richard, they have tried to somehow

ameliorate angst on both sides. i don't know how it can be done. either do with putin or the west. they have made their choice and i don't think it's going to sit well with the population. >> what's different at first glance you saw pictures yesterday, like tahrir square. what's different is this country really is divided. it's not like everyone is out in the streets demanding the overthrow of an unpopular dictator. there are a lot of ukrainians who want to keep close relations with moscow, who feel sympathetic towards russia, the old ties of the soviet union. about 45 million people, maybe 60-40 with 60% wanting closer ties with the eu and the rest wanting to maintain close ties with russia. not simple the protesters get what they want and everyone in this country is happy. >> is that just a split for the

nation? is that a potential solution, richard? >> well, there have been people talking about the start of the civil war. polish officials today are calling this the start of a civil war. you're really feeling a bit of a cold war dynamic. you see eu and eastern europe and united states lining up in support of the demonstrators. then you have vladimir putin and the ukraine standing together and saying this is a coup attempt. this is an attempt by the united states to manipulate ukraine and break it away from moscow's sphere of influence. don't forget this is all happening during the olympics, which adds more sensitivity. not very far from here vladimir putin is hosting a giant party designed to show moscow glory and russia is once again a

superpower. here in ukraine not very far away you have demonstrators, we don't want anything more to do with moscow. it's a huge embarrassment especially if this country were to go into an open revolt and breakaway just while putin is holding his welcome back to the world party. >> richard, thank you for that report. we talked about it before, but when you get back to the u.s., we want to get you to the set. want to get him as a guest host. mortgage applications are sliding 4.1, slid 4.1% latest week. interest rates rose during the period with a 30-year fixed now averaging 4.5%. news today, if you care about diamonds, i don't know if you're happy or sad about this, signet jewelers buying sails for $21.

if you're a shareholder you're pretty happy. signet on the rise following the announcement of that deal even with that huge premium. we're now less than 30 minutes away from key economic data, january price index and housing starts. both at 8:30 eastern time. then this afternoon, minutes in the latest month's fed meeting. an important note on ppi, will now include services and construction for those of you who care about such things and trying to add all these numbers together. becky. ahead of all that joining us with market outlook, whitebox's adviser and global event trading. also dennis gartman, our guest, founder and editor of the gartman letter, also a cnbc contributor. thank you for coming in today. >> thank you for having me. >> what do you see out there. looking at risk, where do they stand? >> avoid risk. one, we think there's a great opportunity in puerto rico. they are coming with a new bond

deal. it is a place with a significant amount of risk. unlike most other markets you get awarded for taking a risk there. their geo bonds trading 8% tax-free yield. whitebox wove chosen to take a barbell approach to it where we on the most senior part of capital structure. they are protected by price, they trade around 50%. the more aggressive participate along bond insurers. it's a risky trade. >> very good idea. >> if things go poorly they are in a lot of trouble. >> what are the odds of things going much more poorly than they have already gone? >> i think odds are significantly skewed they are going to go very well in the near term. >> why? >> market discounted a good deal already. >> a lot discounting was done. different types of investors, rule type investors and

principle type investors. rule-based enforcers have been forced out of puerto rico either because their funds money withdrawn or ratings got cut so they couldn't hold them anymore. any time you have forced selling by rule-based investors it creates a pretty good buying opportunity and we feel that exists now. >> one of the things we've heard, demographics don't work here. this is a situation that's going to get worse because so many people can come back to the mainland u.s. that's going to leave all of that debt in a much worse position without the younger people to pay it off. what do you say to arguments like that? >> i think that's potentially true. it's not going to be a problem now. they are going to get refinancing done. they are going to buy time to get better. it's difficult to predict the future that far out. i do know they will be given significant amounts of time by the markets. there's a lot of deep pockets. whether people are throwing good money after bad will remain to be seen. but again as i said, you're

actually getting rewarded for the risk. you are getting a significant yield. you can look at alternative investments, spain, spain is an equally bad fiscal situation and not worse. their five-year trade close to 2%. germany might bailout spain forever, but you don't know that happens either. you're not getting rewarded at all for taking the risk. in puerto rico at least you're getting paid. >> you might explain who the people have been that have been forced to sell. why have they been forced to? i'm not sure people understand that. >> mostly municipal bond funds. once it goes to a certain rating level they are not allowed to hold it anymore. so they have been proactive. now that they rate junk, participants can't buy or hold bonds anymore. technicals, a lot of retail selling of municipal bonds and the funds, so they have had

redemption, so they have had to sell to raise capital. >> is that a sell for -- you said yours was a senior position in all this. would somebody be able to go in and buy an equally senior position? >> yes. it's one of the largest issues. again you're not going to have as much upside but i think you're really protected by price. as i said these are trading, longer trading 50%. if it goes badly at least you're protected by price. even if things went as bad as they could and there's restructuring, these are wrapped by bond insurers so you have additional insurance. on a risk reward level it's a great place to participate. >> is it a lot harder to find risk where you do get rewarded? >> yes. it's very, very difficult to find. in general there's very few markets we like at all from a data standpoint? >> why do you think it is? there has been so much money

printed, circulated? >> absolutely. yes. >> increase money supply and all that money has been driven towards investing rather than -- there's so many more people that are passive investors rather than entrepreneurs and putting money to work themselves. as you get money printed, goes to passive investing. you get yields and rates compressed and stock prices go up significantly. it's really difficult to find especially the asymmetric type events we look for. >> what does that tell you about potential bubbles forming in the system. if you had to identify them, where would you look? >> i still think global in sovereign interest rates the most likely bubble. i don't think it pops any time soon. i think if you look where yields compressed to with money printing going on, you realize inflation much better than bond yield. at some point people will probably you would think get tired of negative returns,

negative real returns on investments. >> you mentioned spain. are there other nations where that jumps out at you? >> spain and japan. japan, again, doing a lot of quantitative easing. we think the rates have been suppressed to a level where you own both tales in japan. if it doesn't work, a difficult time repaying their debt. if it does work they are going to have inflation. either way bonds are driven down technically by, you know, quantitative easing, not going up in yield any time soon. at some point fairly dramatic. >> dennis, did you have another? >> the whole concept of what's going on in puerto rico, i think you did a great explanation of what's happening. market did a great job discounting, in your favor, i like that a lot. makes imminent good sense. >> paul, thank you for joining us. always a pleasure talking to you. >> thank you. >> dennis will be with us

through the rest of the show. >> amc president charles collier bringing one of the major characters of "the walking dead." she's better known to fans, we should say -- you're the absolute fan, joe. michonne. >> i'm not -- >> keep going. >> i want to be a fan. >> 8:40 a.m. eastern. first brian sullivan in sochi, what do you have coming up for us this morning? >> you guys are talking dead back there in new jersey, russian olympic hockey team is trying to stay alive in sochi. we've got a big crowd over our shoulder outside the olympic village in the coastal center, watch on the big screen tied 1-1. after the break we'll give you the highlights, low lights and what to look forward to in sochi 22nd winter olympics when "squawk box" returns.

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welcome back to swaukz-of- "squawk box." futures. we have red arrows across the

board, dow opening down, nasdaq open down about 9 points about now. in headlines this morning, eli lilly higher in trading, company announced positive in phase iii study, one of its drugs used in combination with chemotherapy was effective in kbloofg simpro survival rates in lung cancer patients. brian from sochi joins us now. how are you finding it there? >> i'm finding it nice. nicer than it was yesterday, becky. it rained all day. it's a nicer day here as well. not quite the weather carl did. that's how carl rolls. we are getting exciting highlights. i'll say that. great story action men's snowboard. a guy waxing snowboards for the olympic team in vancouver, today alex deibold got his medal. he was not expected to do

anything in the snowboard cross. he won the bronze medal. he's overjoyed considering he was a maintenance guy on the team four years ago. kind of a cool story. his owner is part owner of pepe's. david wise gold medal, even though 23, married with kid, not typical halfpipe out on the scene guys. more of a family man. he wins the gold medal as well. if we take a look at the medal count, it's disingenuous, let me explain why. at the top, united states and russia tied at 21. netherlands 20. one of the gold medals, a guy from washington state. the u.s. government gave up on

alpine skiing. he married his russian girlfriend and now a nationalized citizen three years ago. an american guy competing for russia and the medal goes to russia. he's a naturalized citizen. short program in skating. u.s. 1, bobsledding in the lead. looking good. snowboarding events. women's, men's slalom. hockey getting attention. a lot going on. >> some sad news uva beat hokies last night. not a good job. >> you know, i like you a lot, dennis, but there's times when you have no timing. i'm here in russia, i don't have a cleane nearby. we stink anyway.

i got it. cavaliers are good. my hokies are not good. here is something good for you. while hokies are losing on the court we got an exclusive look of the new formula one racetrack built a mile away from here. i'm not sure anybody else has been inside. we've got video coming up in "street signs," grandstands. dennis, my hokies can lose because i got to tour an unfinished formula one today so i'm still happy. >> my wolfpack keeps getting beat by carolina so we're in the same boat, my friend. >> we certainly are. my boat is nine hours ahead of you. it's getting late here. >> brian, thank you very much. again, brian sullivan. coming up, the data points of the morning, housing starts, also producer prices. more "squawk box" coming up next. >> still to come, the squawk set is invade by "the walking dead." the president of affirm mc is here and he's brought a friend. michonne is here to talk cable ratings domination. it's the squawking dead.

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welcome back to "squawk box" everyone. a court battle attaching to the design over iphone. typo products makes this keyboard. it's not an apple made product but one we've been interested

in. typo is now being sued by blackberry for patent infringement. in a court filing typo says blackberry's patent claims are invalid. they are asking the judge to rule patents have not been infringed. typo claims angle keys are similar to those featured on a number of blackberry devices, which is about the dumbest thing i've ever heard. these are angle keys which just look like the angle keys on this. >> you think? >> maybe blackberry was ripping it off from this feature. you angle a key and can get a patent for that. >> one of the big investors in typo is ryan seacrest. ryan seacrest production. >> i saw whop of these. bobby brought one in right around the holidays. i wanted one from the minute i saw it. the idea you can patent something because it's an angle. >> this is one of the reasons why a lot of other phonemakers have struggled to come up with a keyboard because blackberry has

been very clever how they patented that keyboard. that keyboard arguably slightly different. >> this is angled, too, because i've had this longer than a blackberry keyboard brf i'm suggesting the way they did that is different. i'm just saying. i'm not taking sides. >> it looks similar. >> do you put any e-mails on your iphone? >> i tweet from it, though, because it has a better phone. >> when you're typing it finishes with words you don't want a lot of times. >> you don't go back and read and -- >> they are close to perfecting the dictation thing but some of the stuff it comes up with -- like songs you've heard your whole life, it hears funny things. >> i've tweeted stuff that said ridiculous things. >> if you have a long one you can go back and change words. >> i tweet less frequently as a result. >> tweet or e-mail. >> tweet. >> i still e-mail on my blackberry but i do some e-mail

but i don't do a whole lot from the iphone. >> that would work. you fit your iphone into it. >> now that i gave up the blackberry. >> even if it has a keyboard i don't want it. >> in l.a., i lived there seven years. i realized a third of my life out there was spent on freeways that i didn't need to be on because i could have been on surface streets if i had ways. a third of the time i spent out there was 405. i was like the king of l.a. although it messes up sometimes and you go all over. why did i just do that. in general you have a driver. >> started you on ways. >> now i want to you show me how to use snap chat. i'm going to show you pictures

from your birthday. >> close my eyes and never -- keep my eyes closed. >> coming up, how much did weather impact housing? as we head to a break, take a look at u.s. equity futures. get those numbers at 8:30. back in a moment. honestly? this deal was way too good to believe.

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welcome back to "squawk box," everyone. we are a few seconds a away from housing starts and price numbers rick santelli standing by. steve liesman in the studio. rick, take it away. >> start with normal ppi, up .2, strip out important food and energy and you're also up .2. if we look at the new methodology, of course, there's final demand services. there's new things included. so we're going to have to do some of our homework. lets look at year over year on the final demand. that's up 1.2. if we look at core ex food and energy, up final demand, up 1.3, hotter than last look but not as hot as 1.4. housing starts for january.

880,000. that's, of course, seasonally adjusted and annualized. that's a miss. probably weather is a factor. the extent is a debate. but the last look at 999, under a million was revised to close to a million 50, so 1.048. lets look at starts from a percentage aspect. taking account the big upward revision, then disappointment, that's spread. down close to 16%. permits down 530,000. that was also a miss. last month there revised as well. nowhere near the horsepower from 986 to 991. to give you a face on 880,000, you have to go back to september to get a lower number. in between september and now, we have november, which was over 1.1 million. of that the best since november

'07. slippage here. i'll let steve liesman try to figure out temperature, snow, reconciling how all of that made a difference in a housing market that mostly is already impacted by winter and seasonally adjusted. back to you. >> steve. >> that's a tall order, rick. i would say weather, and weather makes a lot of sense, except for the fact that northeast starts were up 62%, which you wouldn't think would be the case in january. maybe january was okay here in the northeast. they were down 68% in the midwest. 12.5% in the south and 17% in the west. not a lot is good explanation there. rick was in a revision up in december did you recall here? let me take a look. >> december was huge. on starts it was from 999 to .148. 986 to 991. steve, do you see the nonseasonally adjusted data in

the northeast in that will give you an idea how much the adjustments that are built into the number may or may not be already compensated. >> i don't see that, rick. one thing i do know going into this number, if you had a big decline in starts but not necessarily permits, that would be a good indication of weather. you can go and take a permit out whether or not there's bad weather but you can't necessarily start a home. >> i think a pretty good explanation. >> the point to take away, permit down only marginally. that's important. i'm surprised we didn't have housing starts worse than 880. i'm surprised they weren't below 800 given weather conditions. >> what i think is interesting, the economists not only do they have trouble forecasting the economy but a lot of trouble forecasting the weather forecast. >> really? >> the weather guys do a better job forecasting the weather than economists do forecasting weather's effect on the economy. they knew it was going to be affected. we still went in with a

consensus of 950. dennis, i have to say it's not clear that weather is all that's going on here. i think the best explanation for the weakness in the data i have is a two-part explanation, which is we definitely had something of a runoff or payback for some of the strength in the third and fourth quarter. going to rundown inventories. i think that's expected. rick, how is the ten-year reacting to this? my take on this is that the stock market looks like it's been mostly looking through this and seeing more weather effect than anything else. >> the stock market definitely trying to call a friend in terms of looking at this data is a bit of a crutch. i will tell you rates were already moving lower before this came in, hovering around 268. we haven't closed below 270 since a week ago monday to put a face on it. we shed another basis point or so. depending what maturities you look at, of course. i think in the grand scheme of

things. i haven't said this in a long while. i think two things on fixed income markets. not looking to weather large asterisk, maybe bond market taking a broader view because of the length. i'll tell you what, what's going on in ukraine, i've never seen so many traders looking at links to riots and issues going on in that part of the globe on their screens yesterday than i have in a long, long time. how much that may be affecting yields may be something to be debated as well. >> rick, i don't know if you want to do this on air but send me an e-mail. what's the question you want me to ask later today, other than why won't you stop? >> you know what, i guess it would be what's wrong with kicking the tires. i hear so many people try to fit weather in and try to look at issues between structure and cyclical and employment but it seems as though the media world at large, other than, of course,

the debate on cnbc, just assumes there must be a benefit to the programs. i'll tell you what, the more i talk to people, i had somebody on yesterday from john hopkins university, i'm tell you what, cross benefit analysis is lacking. that's, i guess, what i'd ask him. >> joe, i'm sorry to tease an interview in another show. as far as you're concerned that doesn't exist. >> we've gotten used to it. >> nothing happens after 9:00 a.m. >> like the market we keep hearing about. >> in saudi arabia there was no history before mohammed. in "squawk box" there is no television after 9:00. >> it's okay. >> he's a fed guy. that's cool. >> that's cool. >> nice to see you guys not yelling at one another. very impressive. >> that's the trouble when our minds wander. when there's data and stuff to figure out we do our job right. >> thank you guys. good to see you. >> some anchor is supposed to read this. this is for you. you should do this. >> okay. >> next the squawking dead.

she takes out zombies with a southward. actually it's a katana. his network on an amazing run. actress danai gfwhoern as michonne on the set next. and a great crew. i've also learned how great it is to do the things you love. that's why i'm happy to be part of the bass pro family. because a name you can trust, people who stand behind you, and equipment you can count on (engine starts) mean everything to me. bass pro shops. where commitment, passion and the great outdoors all come together.

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we've been watching futures. we have seen red arrows. you see dow futures down, paired losses by half. dow futures down by 22 points below fair value, s&p futures off de los four numbers. we did get housing start numbers. as we've seen with other economic data and even earnings it looks at that point like traders are willing to look past bad numbers and say this is a result of the weather. also john malone making plans for the day he decides to exit some of his vast media holdings. he's giving discovery communication executive and liberty executive the right to first refusal to buy shares in the companies. that's according to s.e.c. filings. malone has a 50% in discovery and 40% in liberty global.

i don't think we got permission for that. anyway, season four of amc network's "the walking dead" under way, continues to perform well in the face of stiff competition obviously from the olympics and nba all-star game. joining us charlie collier and danai gurira. she is michonne from "the walking dead." i have a katana on. people don't know. they call this a sword. the samurai used katanas, people know that. this is something you're famous for as michonne. >> it's a very cool thing they came up with to create this character to found a sword and figured out how to use it in the realm of the apocalypse and got better and better at it. very cool scenario. >> you can reuse the arrows. >> can you say green? >> whip it out.

>> asked me if i was going to whip it out. >> that is sharp. >> can you get it all the way around. >> this is how it works. i'm not going to take it out. it is a real one, one of a collection. the fourth season i did talking dead as we know over the weekend and it was awesome. you were on the talking dead the week before. with you here, can i just talk about season for for just a second? we talked about it a lot on the talking dead. is everyone sort of grappling with whether to go on. the prison could have been an idyllic setting. it was kind of depressing, at least you're safe. everybody is spread out. you have to decide do i want to keep doing this or not? some tape showing you when you ran into your doppelganger, is that me when i'm dead? >> it is an amazing thing. to survive this far, it really does take a certain type of human being, certain type of

individual. really going through the level of trauma they have gone through and finding stability and then going through destruction at the level they did go through and the displaysment component, brilliant of the writers. it really is a component of war like when people get displaced. they can't find each other. they don't know where anyone is. a question, do i want to go on in this realm, there is no end in sight. a testament to these characters in terms of how they respond to these things. they are choosing to continue and have hope. >> didn't you see darryl sitting there, wasn't responding. he was anti-social to start with, became social, then lost everyone. glen i thought was going to give up. her she will would say find -- herschel paragraph i just got home last night. >> have you seen the whole series? >> i'm pretty up to date. >> you could get a lot out of

her. >> i might know a lot but getting a lot out of me is another question. >> she's well trained. >> we should point out we're the network of the olympics. this is the greatest winter olympics we've had, one that's out of the country, huge ratings. it's gone really well. i'm hesitant to bring up in 18 to 49 even with that competition for the second week in a row we had more 18 to 49s. when you see that, charlie, did you ever expect that? >> it's remarkable. when you see the television norms to have the number one show against the demo we all covet is something we obviously didn't plan for. then you see it up against iconic programming, nba all-star, olympics this week, it's remarkable. >> what we try to figure out, andrew, and this is whether i bring you into the conversation. >> thank you. >> you're not a fan. >> i've never seen it. >> it's bloody. you may not like it. there's a lot of violence. it's not your -- you like the

verbal hurting in "house of cards." >> "breaking bad." >> what is the niche for content now? how does a network that used to run old black and white, "touch of evil" suddenly get original content and have the number one show. it's bizarre. >> the character. i get to sit next to danai here. the first thing you mention, great to get back story. >> finally find out where michonne came from. >> there's a lot to that. the characters and journey they take. you spent years now. you loved "breaking bad." the journey walter white took from every man, the teacher, into scarface was a journey like nothing you would gaetane two-hour movie. >> what changed? i used to be somebody who would watch law and order. somebody who could walk in and not worry about this.

what's change, i could watch whatever i want. i watched the whole thing on dvd. you can develop these. >> that's what's remarkable. in a world of fragmentation, even again olympics, there's still a moment have you to come back for. all the catchup mechanisms have helped build that watercooler moment. >> comcast time-warner. >> how dare you. >> a lot of content companies not thrilled about it. you've heard the grumbling. where do you stand? >> i look at it, for us, in the he said, if history has taught you anything from mergers, content will win out. what we do and focus on, why we're here, what we focus on great content. >> you don't care. >> we have a platform to reach consumers. in the end time-warner, comcast. >> are you supportive of this transaction? >> i look at it as they have both been great partners for us. for us it's always about the content.

>> my other real business question is will you guys remain independent? you guys are one of the few independent networks out there. >> that's right. >> the question is do you have to remain independent? what happens to you? i assume in this world where content is king, some bigger company actually slowing down in terms of growth and sees what's happening here, i've got to have this. >> i can't comment on what other companies will do. we're thriving. driven by content. we'll keep focused on that. >> won't give away anything. you know how many people, everybody split off on their own. >> i know. >> certain people are not dead. they come back and you can't believe how happy you are to see some of these people. >> i know who i want to come back. >> some are not coming back. some may not be coming back. at the very end, this is not going to give anything away for you. at the very end, you've seen this, three new characters.

if you know anything about the comic book character, in the end there's three guys. watch how they pose at the very end, freeze that. look at her elbow, where he's holding the gun, he has walkie-talkie. my son saw this and said that's from issue 53 of the comic book series. he knew exactly what issue it was. but look at the cover of issue 53. her elbow is the same. he's holding the gun the same. the guy on the left, that's eugene is holding a walkie-talkie. it's identical to the comic book series. i think they are on 140 issue of comic books. this is issue 53, and you own all of this. you never need to stop. >> robert kirkman. >> you don't have to split this with anyone. this could go -- the right show runner. >> you can no longer call me a nerd. >> it's my son that said that's

issue 53. >> what's great about the show, it appeals to the comic book fan and those that would know what issue it is and those that love the characters. >> putting this show on compared to like doing seinfeld, without the talent involved. >> we do an hour. it's an hour drama. it's a different scale. we're consistent with most high-end cable dramas. >> in this range? >> higher or lower. >> depends on the episode but in that range. >> danai, you've been doing this a long time. did you expect this when you first got involved with it? did you think your character would have such a long life? >> when i got involved with it, they had already built the amazing product. i got to latch on at an opportune mom. they had done all the groundwork, built the amazing fan base. michonne was popular from the comic books. it was a daunting role to step into. >> you caught me by surprise. i didn't know your background but you managed to pull me in anyway.

>> this is where she loses it. >> i think you killed your two pets, too, didn't you? >> i did. they no longerpurpose, you know your ex-boyfriend gave it to you and you need to move on, you know, so she had to let go of the blender. >> on chris' show, on "the talking dead" we did do a quick look ahead. where the hell are you looking at that art? can you tell me where that is in the -- is that the next episode? you are looking at some -- >> i can't tell you that. >> you can't tell me anything? >> i'm looking at art, that is true. >> your two original pets, are those the guys from the first? >> those were her former lover and her friend. >> yeah. >> you go with that. yes. you know, it was really -- >> you weren't married and you had a kid, right? is that okay? >> she's okay with that. but, yeah, no, it's been really kind of cool to go through the process her because it was

stepping into an amazing product and stepping into an amazing story and, you know, adapting it to television with an amazing team of writers and going through a process where it's really cool to step into a character who was very, very isolated and very emotionally, like, suppressing everything. >> she wasn't supposed to be this big, i don't think either, but you killed -- penny and then you ended up running the sword through. you've had major moments. >> well, and look what you bring back -- >> you can't get rid of her. >> what she brings out in carl as well as rick is trying to figure out what it's like being a father. >> how much do you want to see you open the door and they come in? >> when is better call saul? >> that's fourth quarter. that's for you. >> thank you. >> you're happy about that. >> i'm a big "breaking bad" -- "breaking dead." that's the next one. >> synergies when "squawking dead" and "walking dead" so let's keep up the relationship. "walking dead."

>> if you will wear the machete every day? >> if i have this here i might -- because i can easily -- >> i already take the verbal abuse. i'm a little anxious. >> i need to turn that into something -- >> that thing's real. >> i know it's real. >> thank you. >> i need a sharpie for tonight's assignment. thank you, thank you for coming in. >> thank you. >> thanks. when we come back, joe gets a chance to see cold play, really? an announcement from apple. "squawk box" will be right back. ] we don't just certify our pre-owned vehicles. we inspect, analyze, and recondition each one, until it's nothing short of a genuine certified pre-owned mercedes-benz for the next new owner. [ car alarm chirps ] hurry in to the mercedes-benz certified pre-owned sales event. visit today for exceptional offers. ♪ [ male announcer ] even more impressive than the research this man has at his disposal is how he puts it to work for his clients.

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welcome back to "squawk box," everyone. the futures this morning have been indicating a little bit lower, still are, but looking like they are at the smallest losses of the day. right now the futures are down 18 below fair value. and apple announcing its first itunes festival to be held in the united states. it follows a similar event the company has held in london. apple says the u.s. festival will be held at south by southwest in austin from march 11th to mar 15th and it will feature cold play, joe, your favorite, along with imagine dragons and keith urban and pit bull and much more. >> let's macramé jean shorts and

go there. >> with spinach dip? >> that's a great idea. and we'll have the ceo of green mountain coffee brian kelley, that's not brian kelley. that's during the 11:00 a.m. hour. to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today.

stock of the day, garmin, the company reporting fourth quarter profit of 76 cents a share, 14 cents above estimates. revenue also beat. garmin was able to generate 50% of sales from nonautomotive devices. i thought people used ways now, when did they use garmin? >> some automobiles have it built in. but going away and that's a sad story. the stock's been doing okay. i don't know. >> if you haven't heard it by now, it is andrew's birthday. happy bird dbirthday. >> thank you very much. >> we have special guys calling in to say happy birthday. henry and max. >> happy birthday. >> hi, henry and max. ♪ happy birthday happy birthday to you ♪ >> thank you, guys.

♪ happy birthday dear daddy, happy birthday to you ♪ >> so nice. >> henry and max, thank you, guys. >> good job. >> you guys did a great job. i'll see you soon. thank you, everybody. thank you, guys. >> happy birthday. >> thank you, thank you. >> i'll bring it tomorrow. >> make sure you bring it tomorrow. thanks, henry and max and pilar. "squawk on the street" begins right now. ♪ ♪ everybody move your feet two of the cutest kids on the history of the planet and we have to follow that? good wednesday morning, welcome to "squawk on the street." i'm carl quintanilla with simon hobbs and david faber at the new york stock exchange and cramer is off this week. we've got a busy morning to get through as the temperatures in the northeast are mild but the effect of winter weather is taking its toll on housing starts, panera earnings and a lot more. ten-year yield we'll be on alert for fed news this afternoon and mixed markets in