a very warm welcome to worldwide exchange. i'm wilfred frost. >> these are your headlines from around the world. >> a staggering slide amid reports of more government intervention. but the nikkei wipes out the gains. >> the dow set for triple digit gains as u.s. stock markets reopened. they close after correction territory after the second worst trading week of the year. >> uber takes a road trip to china. the ceo doubles his growth plan after raising over $1 billion to

fund the expansion. >> congress returns from its august recess with iran's nuclear deal at the top of the agenda. the senate debate begins today as president obama appears to have enough support to ensure the deal survives. >> let's have a look at u.k. futures. this follows a very disappointing week last week. they're also negative now. month to date, quarter to date, year to date but today in europe positive markets and that's feeding through to the u.s. futures. a 300 point open for the dow. 37 point positive open for the s&p and the has tnasdaq to openy about 88 points. the european markets are very strong indeed. in particular, germany up 2.2%. that follows some strong trade data out of germany earlier

today in contrast to the weak trade data we saw out of china. if we add the slight gains we saw yesterday in europe we just about eradicated the declines of last week. we have now eradicated that over the first two trading days of this week. i mentioned just now another volatile session in china as august trade data reinforced concerns over the slow down in the world's second largest economy. imports missed expectations falling 14% while exports fell for a second month in a row. let's get out to eunice live in beijing with the latest. >> thank you, wilfred. investors will be pouring over economic day to to see how much of a risk china is to the global economy and today the trade data wasn't encouraging. the figures saw a little bit of a recovery for august but at the same time it still fell. a contraction in august for exports by 5.5% and part of that

was that we saw not a volunteer robust pick up in demand both in the united states or europe and what peel were very much focused on was the import figure. there wasn't a lot of strength in chinese demand or in the commodity prices which because the commodity prices are falling really influenced the dramatic fall in imports. they were down by about 4% year on year for august. now some analysts are saying this could be a one off. they forced some factories to shutdown production lines and thousands of companies had shut factories in the run up to the military parade last week and that could have influenced some of the numbers that we saw but going forward there's a lot of speculation about how the government is going to have to

come in and stimulate the economy in order to support growth. some type of variety of interest rate cuts or rrr cuts and there's plenty of talk now about investment spending and increase because of the low commodity prices and there could be a pick up in construction material demand for the materials of cour course. >> the nikkei closing at the lowest level since february. this despite revised gdp data showing japan's economy shah rink less than previously thought. the sell off really accelerating into the close here. let's also look at the commodity space after the weaker than expected china trade data. wti crude moving down 3% and this is continuing. significant losses off of the neighborhood of 3% that accelerated into the european market close as well.

brent crude is bucking the trend moving up 1.4%. meanwhile copper and gold also seeing a rebound. quite a strong rebound here. >> thanks. we just had some european gdp revisions coming out the last couple of minutes for q-1. gdp is revised from 1.2%. it's been revised to 1.5% year on year growth up from 1.2%. so a couple of positive upward revisions although those upward revisions were expected to come through the confirmation coming in the last couple of minutes. not really moving today. it's flat. >> let's give you a look at what to look for today, we'll have the latest snap period shot on america's borrowing habit with credit figures out this afternoon. also the fed president speaks about monetary policy this

evening in illinois and a hand full of companies report earnings today putting the focus back on results. we have dave and busters, men's warehouse, pepboys. >> he's had a rosie outlook on the u.s. economy but in an interview on friday he won't see whether the rate hike at the september meet as good in in order. williams says while the data has mostly been encouraging some pretty significant headwinds have developed. >> the president of the united auto workers says he hasn't picked which u.s. auto maker to target in contract talks but he expects to do so before the contracts expire last monday. it becomes the focus of bargaining and could be hit with a strike if talks stall. they want raises for long time workers that haven't perceived one in a decade. it also wants to close the pay

gap for workers that make half of veterans. >> toyota is set to unveil the all new prius in las vegas tonight. the launch of the car which has a 10% greater fuel efficiency is seen as crucial for toyota because they have been trying to stem a decline in toyota sells which are off year to date. they still came in shy of forecast and that's with the benefit of the lower yen. so a lot of investor concerns. the stock has been on a downward trajectory for awhile now. and rolls-royce is getting in on the action. adding a fourth member to its family. it's a four seater convertible. it will sell from between, 350 to $400,000. so not a bad one to put on your christmas list. >> pocket change, perfect. >> deliveries will not start until the second quarter of

2016. >> still to come, uber takes a spin around beijing. why the ride sharing services is staying bullish on china. we're back in a couple of minutes. at&t and directv are now one. which means you can watch movies while you're on the move. sitcoms, while you sit on those. and even fargo, in fargo! binge, while you lose weight!

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labor day holiday with futures pointing to a triple digit gain for the dow. china markets rally while the nikkei in japan wipes out 2015's gain and uber doubles after raising $1.2 billion to fund expansion. >> advisory firm iss is joining glass lewis in voting they strip him of his title. that vote is set for september 22nd. the board gave them that additional roll just last year but that move has been criticized by shareholders for ignoring them after they voted to split the positions and require an independent chair. bank of america is up in germany and off for the year.

>> thank you for being here but this time appears to be different with bank of america. do you think they can survive this vote? >> i think he will. i think it's ridiculous that we're going through this. it should be a vote on the board that the board should be eliminated and putting it in the position. i have been doing this close to 50 years and never once has any customer or client ever asked me whether i thought it made sense to buy or sell a stock based on whether the president of the company was also the chairman. if you take a look at the s&p 500, roughly 75% of the companies in the s&p 500 the ceo and the chairman are the same

person and there's only one where this is an issue and that's bank of america. the reason it makes no sense whatsoever is there's no studies that show by having split roles for the ceo and chairman at a the company does better or worse than having the two positions together. it's absolutely absurd. >> that being said, is this adding uncertainty that investors don't need at this stage? especially when earnings are starting to turn around at bank of america. but do you think this will add some uncertainty going forward? >> no. if for any reason he fails to get the two positions then his position, as ceo of the company is called into question because it would appear to be a vote against him but the fact of the matter is that bank of america has turned around. hundreds of billions of dollars

in cash and securities. it's reduced the cost of operating the bisby 2 to $3 billion per quarter. it has over a trillion dollars in deposits. $1.1 trillion in deposits. it has close to $2 trillion in assets at merrill lynch. bank of america is in position to show enormous gains in price over the next 12 to 18 months and the stock is selling at a 25 to 30% discount to book value when book value is 100% cash. it makes to sense for people to be thinking about this ridiculous fight when basically the core issues are so positive. >> stay with us. we'll look at european lenders for the moment. this comes when they're both trading near the top of the stoxx 600 after jp morgan recommended both lenders were among the top picks.

the analyst behind the call gave us the rational for that just a little bit earlier. >> our preference is deutsche bank is trading at 6 times earnings. .7 times tangible book value and hence we have seen it can rerate. we expect the new ceo to give more details on the cost cutting program which will elevate the stock further. that's our top pick. >> uber ceo speaking in beijing today says the ride sharing service will expand to 100 more cities over the next year. that's double the previous goal set just three months ago. it operates in 20 cities. it comes a day after uber china raised $1.2 billion. rival reportedly raised $3 billion itself. clearly a lot more competition for uber in china than elsewhere and it doesn't have that first

move advantage but highlighted by their ability to raise money it has a strong foot in the door. >> you do have to wonder to the extent that the funding rounds are fuelling this price war. they are playing catch up in that market and several analysts questioned the value in this. whether they should focus on the u.s. and stick to their game there rather than try to play catch up. we don't know if the regulatory picture will be in their favor. so still some risks there but they're looking at the markets. they see incredible growth opportunities. that's why the ceo is making such a good point. >> indeed and certainly turning heads by upgrading just months later. >> we have seen them partnering in china as well. it will be interesting to see how this plays out.

>> microsoft is close to buying the cyber security start up in what would be the largest acquisition in quite some time. the deal should be completed this week with a price tag of a few hundred billion dollars. microsoft has been on a buying spree of late as it looks to bulk up it's fast growing cloud business. for more, head to our tech transformers special report page on cnbc.com. >> apple is reportedly ramping up hiring of artificial intelligence experts. reuters says the company is posting dozens of job listings. the goal is to challenge google in an area where it's dominated for years. smartphone features that anticipate what users want before they ask for them. let's have a look in price action in apple. it's up 1.2% in german trade. >> amazon plans to sell a brand new tablet for just $50. all coming in time for the holiday seasoned. the device which has a six inch screen comes with a mono

speaker. it would cost less than the 6 inch fire which retails for $99. shares are trading up about .8%. >> we have been wanting to hear from you on this topic. can tech ever be too cheap as we see this coming around $50. we want to know are budget gadgets the way forward? >> get in touch with us by e-mail at worldwide@cnbc.com or twitter @cnbcwex or personal handles you can see on the screen. >> we'll continue that debate after the break. also more on markets with u.s. futures pointing to a significant gain.

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he's doing everything right... for the most part. no pain, no gain. you are a beast, ted. my name is watson. how can i help you? welcome back. let's get back to our guest. vice president of equity research and financial sector analyst. we saw sell offs in the u.s. markets and now they've been off for the long holiday weekend and financials are among the laggerts there. do you think it's time for investors to get back in? >> i would be buying these stocks today. i'd be aggressively buying companies like bank of america.

certainly citigroup. ubs is an attractive company. if you took a look at the balance sheets of american banks at the present time what you see is they built up hundreds of billions of dollars of cash on their balance sheets. they don't have very many bad loans. the economy is moving ahead which means their loan volume is likely to go up this year. i don't know if it will be september, december or 2016. interest rates are going to go up and that's going to be positive for them. they don't have huge amounts of litigation settlements that they have to deal with. i think the earnings will be in a significant up trend for at least the next two years and i don't think that their stock prices reflect that. unlike most of the markets selling at high multiples bank stocks are not so i think you

should be aggressively buying these stocks. >> you like the banks. let's talk more about general market sentiment. in particular we had a lot of volatility over the summer and we now seem to be getting closer to a fed rate hike. has the market managed to detach from what the fed is doing or if we have a rate hike will the market suffer? >> the market will suffer in my view. in other words, the way i look at the market is where is the money coming from? in other words if you look at the different pools of funds that could come in to bolster the market what you see is for example in the united states you don't have a huge pool of money coming from the fed anymore that will assist the market you see billions of dollars walking out of mutual funds each week. you see the etf's driven by momentum. the money market funds losing money for the need on the industrial size. you see retail investors walking

away. you see corporations if the economy is going to get stronger likely to rely less on buying back stock and more on growing their businesses so what i keep asking myself is where is the money going to come from to drive this market up on a sustained basis over the next 12 to 18 months and i don't know where that money is going to come from. >> and do you think janet yellen will be paying attention solely to the domestic data or will the market volatility we've seen recently be playing on her mind and what other central banks are doing around the world. we saw mario draghi leading toward the dovish side. no outright action yet but that is a possibility. will she have to take account of that? >> i think she does. i listen to the fed governors and one day they're positive about a rate hike and the other day they're negative. we do have a currency war and central banks around the world easing monetary policy.

obviously the european bank next week suggested that might continue in your area of the world and if janet yellen and the fed decide they're going to increase interest rates to drive the dollar higher what they're asking for is a big increase in the deficit in the united states which will effect the job situation in this country. i don't see how she can do that. there's this entire to get this market back to nonsubsidized prices but to force the dollar up would strike me as being very fool hearty. >> thank you for joining us. vice president of equity research and financial sector analyst. >> let's get you an update on one of our top stories here in europe. you're looking at live shots from the serbia border.

this is after this hungary prime minister rejected the call to increase the number of refugees stating that they can only take so many. that's also taking a toll as the defense minister vowed to quit after reports they were taking too long to build a fence on the country's border. this comes as a thousand migrants continue to march to budapest. ahead of an eu meeting on the crisis monday angela merkel says all european countries must take in more migrants. >> we spoke exclusively to the leader of the party and asked him if u.k. prime minister david cameron should be doing more to ease the migrant crisis. >> social media may scream and a few actresses may scream and say we should be doing more. actually it's pretty clear that

the vast majority of british public opinion says until we get a grip on current immigration levels we're in no position to do anything more substantial in terms of refugees. the other problem here, people are very skeptical and they're right to say, are these people refugees. very interesting. two comments in the course of the last week. firstly the slovakian prime minister said 95% of people coming into the eu aren't refugees. they're economic migrants and another comment from a very senior hungarian conservative. he said looking at the people coming through hungary are much better off and far richer than many of the people living in rural hungary. we have a tide of humanity coming over the mediterranean. i predicted this. i said anyone that sets foot on

eu soil can basically stay you'll get a large number of people but i don't think we're really dealing. there's clearly some cases that are genuine refugees but a lot that aren't. >> let's have a look at u.s. futures pointing to a very strong open. over 3% of declines in u.s. markets last week and markets were closed in the u.s. yesterday. looking at 306 point positive open for the dow. more discussion on markets coming up on worldwide exchange. good. very good. you see something moving off the shelves and your first thought is to investigate the company. you are type e*. yes, investment opportunities can be anywhere... or not. but you know the difference.

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internet essentials from comcast. helping to bridge the digital divide. a very good morning to you and welcome to worldwide exchange. i'm wilfred frost. >> these are your headlines from around the world. >> chinese equities with a staggering slide in trading activity. but the nikkei wipes out this year's gains. >> the dow set for triple digit gains as the u.s. stock markets reopen after the long weekend. they close friday in correction after the second worse trading week of the year. >> uber takes a road trip in china. the ceo doubles his growth plan in the country after raising $1 billion to fund the expansion. >> congress returns from its recess with iran's nuclear deal

at the top of the agenda. president obama appears to have enough support to seal the deal. >> we are expecting a strong bounce back today following over 3% of declines last week of course markets in the u.s. closed yesterday for the labor day holiday. as we look at things now we're expecting a 311 point gain for the dow. 37 point gain for the s&p and 88 point gain for the nasdaq. now european markets are very much in the green themselves. we have germany leading the charge up some 2.1%. that comes from strong german trade data earlier today. ftse 100 up 1.5%. we have wiped out last week's losses in europe.

let's look at asian markets because they were soft in japan in particular down 2.43%. we had some weak chinese trade data and that weighed on the japanese market. it did officially weigh on the chinese market as well but we saw a late afternoon rally in china ending with about 3% of gai gains. commodities. let's have a quick look at that. wti off today but brent up. that was the situation earlier and it is, indeed, the situation still today. that's reversing the opposite kind of move yesterday. >> so how do you make money in markets like these? this is what investors are telling us this morning. >> we're bullish still on

equities. there's a divergence between the real economy and financial markets. you're back to no gain this year on the nikkei. to our mind you could break out to new highs by q-1 next year. >> we prefer investment banks over credit related banks. we do not want to have a lot of international credit risk. we do not wachbt a lot of commodity related credit risk. so investment banks are preferred. >> the technology story is interesting because there's parts of the sector which are more aspirationally valued where the belly of your present value is long into the future and as interest rates go up that should hit some of the value of those stocks. however there's plenty in the technology sector that still has

pretty good value. >> congress is also back from recess and the campaign season is hitting up. hillary clinton is set to unveil reforms aimed at making it more apparent. this shows that the democratic rival bernie sanders is leading clinton by 9 points in period new hampshire and also making gains in iowa. >> congress returning from summer recess with a lengthy to do list. they'll start debate this afternoon though no votes are scheduled yet they'll also pass a stop gap spending bill. president obama warned of a shutdown. >> our economy is a relative bright spot. we're doing better than just about everybody else so a

shutdown would be completely irresponsible. >> let's bring in the economic policy analyst. thank you for joining us. i want to start first of all with the presidential campaign picking up here a little bit and we did see hillary clinton over the weekend in the labor day campaign pitch she made yesterday saying no apology is needed over the e-mail issue however these polls are staggering marking a reversal in bernie sanders lead. do you think people are looking for her or is this more about the e-mail issue? >> i don't think so. >> there's a huge hunger among democrats. for someone that inspires them the way barrack obama did. hillary clinton could lose iowa and new hampshire and she would still be the favorite to be the in democratic nominee she's

strong among women and blacks and hispanics and in the south those are going to show. hillary clinton is still the favorite to be the democratic nominee. >> what if joe biden threw his hat into the ring. >> well, that's interesting because joe biden actually does, unlike bernie sanders who really does well among sort of vermont voters where he is from. educated white voters. joe biden does better among blue collar folks. blacks and hispanics, partly because he's barrack obama's vice president. so that would eat into hilary's lead and i'm sure she would prefer joe biden not run. >> let's focus on congress for a minute. partisan fever is alive and well there and we're looking at quite a bit of a budget battle here. do you think we'll get close to a government shutdown if they can't agree by october 1st.

>> we could get close. there's a huge incentive for republicans not to do this. we have an election coming up and republicans think they have a good edge. goldman sachs says based on the economy and there's fatigue with a party in power for two presidential terms republicans should be favored. so republicans have a nice edge here and they would hate to blow it with a government shutdown which is very unpopular among voters. >> so it's not in their advantage to get close to a shutdown but how do they fair on the iran issue of course. >> that deal is going to pass.

it's a very good issue for republicans. i'm sure all republican candidates will be hammering hillary clinton and joe biden and martin o'malley and bernie sanders on that issue because they think it's a tail wind for the party. >> we'll have to leave it there. thank you for joining us. and now, changing gears a bit here, a rare white alligator has passed away at the autobon aquarium in new orleans. he had a rare genetic condition that reduces the color pigmentation in the skin. the cause of his death is still being investigated. he was one of fewer than 15 white alligators in the u.s. >> right, the world's most famous feline grumpy cat was honored during an arizona diamondbacks game with her own jersey and meet and greet with her fans and of course the first

pitch. he really does look incredibly grumpy that cat. the kitty did need some help from her handlers but in true grumpy cat fashion she wasn't the least bit impressed by all the attention. >> it's amazing. all the money she has made. i don't know what to say. >> he takes hearts opportunity he? >> i'm not sure if he does to be honest. >> moving on now, still to come on the show, amazon is hoping to spark a new fire in the tablet wars with reports saying it will launch an ultra low cost device this fall. all of those details, next.

welcome back to worldwide exchange. off on a down day for the broader market but a lot of focus on toyota today because they'll be unveiling the brand new prius today in las vegas. this is the first major redesign in seven years so it also boasts fuel efficiency. expected to be greater so a lot of excitement around this vehicle and toyota is pinning it's hopes on this car because the stock has been on a downward path up about 17% over the last

three months and it took a dip here when it had disruptions in china. it's also looking to take on additional competition for the likes of tesla as well. >> indeed, certainly one to keep a watch on. the other car news important to watch, rolls-royce is adding a fourth member to its family. a four seater convertible and that will sell for between 350 and $400,000 and deliveries will start in the second quarter of 2016. the ceo will speak to phil later today. so one not to watch. right, amazon has yet to find much traction against apple and samsung in the tablet market but the company is firing the next shot in the tech wars with an

ultra low cost device. landon is standing by at hq. >> amazon is set to launch a new stripped down tablet that cost just $50 and just in time for the holiday season. the wall street journal reports the tablet has a six inch screen and a mono speaker. it would cost less than half of amazon's cheapest fire tablet that sells for $99. after the company's fire smartphone flopped amazon overhauled it's unit and cut back on more ambitious projects. amazon has struggled to win over consumers. they have 42% of the u.s. tablet market while amazon has less than 1%. verizon is launching a free ad supportive mobile streaming service called go 90. that's a reference to how people rotate their phones. the service will be available to anyone whether or not they're a

verizon customer. there will be a mix of live events such as tv games and concerts and espn and food network and original web series from vice and awesomeness tv. apple is ramping you hiring of experts in artificial intelligence. they're posting dozens of job listings. the goal is to target google in an area dominated for sometime. smartphone features can predict what users want before they ask. apple strategy may become more clear when it unveils new iphones and mobile operating system on an event on wednesday. they did lose ground to google and microsoft. it will scan to deliver useful information. so for example if someone is reading about a new movie it could offer reviews or show times. back to you. >> landon, thank you very much. >> uber ceo speaking in beijing

today says the ride sharing service will expand to 100 more chinese cities over the next year. that's double the previous goal set out just three months ago. the china unit operates in 20 cities. the speech comes a day after uber china raised $1.2 billion in on going fund-raising. meanwhile the rival reportedly raised $3 billion. >> sad news for british sports fans. andy murray is knocked out of the u.s. open after he lost to kevin anderson. that's the first time since 2010 he has not made the finals at a major tournament. they both progressed to the final 8. >> well, the good news there for the u.s. open, serena moved a step closer to getting her grand slam. >> that would be amazing. >> it would be the first time since, i believe, 19 -- 1988.

so it would be amazing except she has to take on her sister. a bit of a sibling rivalry. >> indeed. >> before we go to break a reminder of your headlines this hour. futures point to a triple digit gain after the markets return for a holiday. markets rally while the nikkei in japan wipes out 2015 gains.

williams has had a rosie outlook on the u.s. economy but in an interview on friday he now won't say whether a rate hike is in in order.

while the data has mostly been encouraging some pretty significant head winds have developed. >> let's give you a run down of what to watch out for this trading in the u.s. we will get the latest snapshot out this afternoon. the fed president speaks about it this evening in illinois and dave and buster's, men's wearhouse, pep boys and tivo are all set to report. >> asian markets managed to eek out gains by the end of trade but it was a late swing in china that allowed that to happen. particularly imports that disappointed but by the end of trade we had talk of more intervention and that allowed the market to close about 3% up.

let's have a look at european markets. they're strong. up about 2.3% in germany. they had strong trade data out earlier and all in all european markets eradicated the markets we saw last week. strong gains today. >> u.s. futures getting a boost from the gains in the session and the shanghai composite as well. a triple digit open for the dow jones with the dnasdaq up 100 points. this will be welcomed news for investors coming back from the holiday because all markets did end friday in correction territory and it didn't seem to offer any clarity as some were hoping for. >> indeed. let's get calls on what markets are doing. the president of traders audio.com joins us. ben, good to see you this morning. we saw a very weak trade last week in the u.s.

significant declines finalizing on friday although we didn't see similar moves in bond markets and currencies. what do you think markets took from that? >> well, it's some what mixed. a couple of factors in play. one the holiday weekend. a lot weren't actually active in the market on friday to close the week out. we'll see probably a little bit more sustained type reaction and a little bit more real reaction, if you will, as the week plays out this week even though we had limited economic data. the markets will be able to kind of show some of its true sentiment or true feelings regarding the number. it usually takes a couple of days for the real price activity to settle off if you will in reaction to a large eagerly awaited and much anticipated number like that.

but there's a lot of focus for the market. you have the technical levels that the market has been tested and the price activity that we've seen in terms of key levels and then again economic data and this major focus on the whole global front if you will, last week we had the ecb commentary. as you mentioned, the currencies were on the move last week as well and there's a lot of information in terms of data. not necessarily economic data, u.s. economic, domestic economic data but just a lot of information. a lot of dust settling type of information. so for the most part. the markets you guys brought up the positive territory that we're in the triple digit gains that we're looking at that's positive and i'm focused on the inability to have an all out wash out. >> we're going to bring in the

equity derivative strategist and director at rbc capital marks. we've seen a huge amount of volatility over the course of the summer. given that we've got the holiday period behind us do you think that volatility will drop as volumes pick up or is there more to come? >> there's more to come buys and we were awoken from an august stuper and since then volatility has been elevated. that's here to stay until we get more clarity from the fed. that could potentially come in the next couple of weeks and more importantly investors have sort of taken back and said look how do we hedge? we were in a market where it was very comfortable and people are looking at their portfolios and saying where are the risks? but more importantly people are asking the question a whole lot

more than i would say they were about a month ago. >> we are wti off another 3% in yesterday's session. how is this going to play in the equity picture? we have really seen equities take a leg down when oil drops dramatically. do you think that relationship is here to stay? >> it's an interesting question. one thing we have seen is what people are doing as they're buying energy upside but it's on single names so what they're doing on a portfolio level is an xle or something on the xop. they're continuing to hedge on but they're starting to pick single names that they really like and owning calls on the upside for them. >> thank you for joining us. director at rbc capital markets. thank you for joining us as well. >> that's all we have time for

today on worldwide exchange. thank you so much for watching. we'll be back same time tomorrow. squawk box is next.

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good morning, get your rally caps ready. the market is up really on europe surging at this hour. pointing to a more than 300 point jump at the open. a lot happening in media this morning. disney expanding it's movies anywhere business trying to entice people to buy digital films. verizon launching free mobile tv tarkti targeting millennials and amazon rolling out a 50 dollars tablet in time for holiday season. >> mastercard seems to think so.

it's tuesday, september 8th. we get closer and closer to fed day. 2015. and squawk box begins right now. live from new york where business never sleeps, this is squawk box. >> good morning, everybody and welcome to squawk box here on cnbc. i'm becky quick with joe kernen and andrew ross sorkin. it's a big day here. we're kicking off our 20th anniversary celebration. for the next few months we'll be doing that here on squawk box. we'll be bringing you panel discussions with some of the best in the bisz. they'll help us celebrate our anniversary by making original smarter television and giving you our viewers an