we have a deal at least in principal. lawmakers striking a late night agreement to avert another government shutdown. the president gets nearly $2 billion for his wall futures are up on that news as the world bounces back with us trade, though, that is now front and center for investors talks to get a new deal there ramping up in beijing. japan's rally overnight. is that a sign of global optimism or just a one-off nissan, a big japanese carmaker, they stall after reporting results for the first time since carlos ghosn, the former ceo that was arrested it is tuesday, february 12th, and worldwide exchange begins

right now. >> i was actually signing this in the office this morning, and our great staff just, you know, a little back street boys. solid start, at least in the futures market to your tuesday the markets they have reached a tentative deal to fund the government and avert a shutdown. let's get more details now with tracie potts who is live in d.c. tracie >> thi there, brian. good morning we got details overnight in fact, the president didn't even have those details when he was speaking in texas last night.

it will cover that and another 1.7 billion for other types of border security, like technology, and more agents and more judges. again, not that concrete wall. bottom line, there will be some barrier under this deal. it will not be a concrete wall

the big question will president trump sign it? more on that from the white house today, brian >> is there any indication which way that might go, tracie? >> the white house has said that if the president saw the democrats and republicans came up with something that they would live with, he would do so to avoid a shutdown, but then we got word that they pricked that there may be a shutdown, and they were okay with that a lot of surprise that it was done on a monday night didn't get on to a thursday night. thank you very much. does that deal or that deal in principle because, as tracie said, the president still has to sign it. give you the all clear to buy stocks joining us now is mark avalon, potomac wealth advisor's president by the picker patch, he said. thank you very much for joining

us does that give us a little bit of an all clear to buy some stocks here? >> well, i think it sets up more like a relief rally. i think there's a sigh of relief that maybe the vitreal in washington doesn't lead and take away from anything that can be substantive or positive for the markets. anything that reduces political uncertainty, anything that doesn't focus on global unrest or trade wars, that's good for the market because right now, as long as investors can look at decent corporate growth french riots, italian banks, venezuela, when we look at things outside of the core u.s. economy that's when this market struggles >> we'll talk more about venezuela in a few minutes, but

i want to talk about the other two things you just referenced, mark, which is this. let's call it three things okay we have potential of another shutdown brexit, and, of course, the trade talks. yeah, maybe the shutdown one is gone, but you still have the other two big ones hanging out there. if we can get those resolved, if we make a trade deal, there is no hard brexit they make some deal there, too. anything that allows the economics to run the story, is a net positive for stocks. china is a little more substantive. i think if we get a trade deal, that could trickle down to strong u.s. corporate erjz

it will lower tariffs, lower costs. that has a little more meat to it generally, it's anything that saauages investors' fears and concerns about a wider scale global lack of leadership does that give you longer term optimism, or are both sides annoyed at the outcome by the last one >> i think irts more of the latter do you think the starks and lanisters are going to get along well, then -- this is a cage match. this is not going to go well there is no way the democrats want to give the president any victories. infrastructure is more of a pipe dream at this point. anything substantial is not going to happen. anything that's stimulating this economy out of washington is not going to be passed

look, everybody is announcing for president right now. it's game on today is more of a relief. it's, well, okay, we can avoid disaster in washington. it's so slow-moving, but i think it's 6.5% on a ten-year. i wonder what that is telling us >> well, it's telling us the three and a quarter we had last year is far away at this point it's pointing to that global slowdown we're talking about it also for retail investors creates an opportunity for them to invest in an alternative stock. we used to have -- there is no alternative. now you have two you have a bond market with decent yields, and you have cd rates. investors who, again, who are

approaching retirement who are a little nervous, who are skittish or worried about the headlines were the daily tweets, the overseas news, they have another alternative. when cash competes with stocks and when bonds look attractive, that creates a head wind for equities, and that's what we might see later this year if we get a more normalized news cycle. people might just say enough is enough i want to sit this one out it's too nerve racking for me, and i'm telling you, that's kind of the conversations i'm hearing from investors >> good stuff. mark, if you can tell me what a normalized new cycle is, i would love to know because i've long forgotten what that might be mark avalon, thank you very much, buddy. see you soon >> okay. >> well, we are just getting started. it's only 5:08 a.m up next, a big rally overseas. you're going to look some of the numbers, and we're going to show them to you coming up, and maybe call it the ghosn effect a big carmaker taking a big charge over execute y ivpafor that guy back after this.

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which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. stocks futures are looking like a good morning. not a misprint dow futures up 148 one of the strongest mornings that we have seen so far i know it's early in 2019, but a very strong opening there. on that deal to avoid a deposit shutdown weave got more numbers and a very random, but interesting stat on the markets later on on the show europe, they're following us

higher as well look that the. we are seeing germany, the ftse, and the franks 40. they are all up. foosy, the laying adviser here you have that big brexit vote on thursday don't sound the all clear yet there. still a lot of green on the screen there is one number that we want you to watch we've got our rbi random but interesting. well, let's call this wbbi wonky but important. we don't talk a lot about the german bund. the ten-year government bond we're bringing it up because i want you to look that the yield. 0.13%. that yield has come down 82% over 12 months the german bobd market at risk of going negative again, a lot of recession fooelz fears, a lot of concerns about deutsche bank, a lot of concerns about the macroeuropean economy. if are you going to pay attention to maybe one number over the next couple of weeks and months, it might just want to be that one the german -- you go to a party on friday night and say, man, that germ an bond market, it's really got me rolling. japan is rolling overnight as

well he this came off a three-day weekend. dollar yen, hitting its lowest level of the year, and we're seeing the nikkei rally 2.6%. nancy has the numbers. nancy. >> hi there, brian let's start with the ghosn news. this was the first financial release since the arrest of carlos ghosn and the departure of him as chairman at the company, and that charge specifically is about 9.232 billion yen. around 84 million dollars. representing what nissan says is tied to the underreported wages and salary from carlos ghosn keep in mind, carlos ghosn himself has denied charges the very fact that the company

took this charge on the quarter could have implications for the case against him going forward the charge of 9.2 billion yen is just a tiny piece of the overall profit picture, and it's that operating profit forecast for the full year that was downgraded to 450 billion yen to 540 billion yen previously that will be the big focus for investors when nissan shares reopen in the japanese trading day tomorrow you can see they got a boost ahead of those results as part of the broader boost for the japanese market today, but it could be a different story tomorrow because that cut to the outlook was worse than many forecasts. even the lower end of those forecasts. a big part of the story has to do with the global down turn the growth fears many are worried about. they did trim their sales forecast for china, north america, and europe, and then the u.s. market, it's all about profitability. the company saying very clearly today they want to focuson profitability and less on pushing volume brian. >> i do wonder, nancy, how much of this, to your point, maybe the broader optimism

perhaps if we get a trade deal with china, japan would benefit greatly from that. i mean, japan is one of the biggest import and export markets in the world i wonder how much of that is macrooptimism about us being able to get a deal put together. >> it certainly is especially if you look at the chinese market because this has been a huge area of investment plans for nissan they, like all their competitors, are trying to up their game in the chinese market, which is already going more competitive, as you know. this company has its own isolated issues too. i mean, the carlos ghosn case with the alliance, the future of the alliance at stake here i mean, we should point out that the renault new chairman is headed to nissan later this week, and he is going to be meeting with nissan ceo, about the future of this alliance. >> make japanese car making

great again. thank you very much. appreciate it. >> all right new let's get you up to speed on some of the other top movers stateside. frank here now with stocks to watch. >> we got a mixed bag. we're talking biotech, the cloud, and higher education. let's kick it off with that biotech. shares of gilead, they're down today. down about 3.8% after the company reported negative results from a late stage clinical trial on a drug to treat a form of liver disease. gilead said patients did not show marked improvement over those that were just given a placebo. fourth quarter revenue grew by one-third beating forecasts the maker of cloud-based business phone systems and software saw strong growth in the midmarket and enterprise business this now issuing upbeat guidance for the first quarter when it comes to revenue and eps shares of chegg surging this morning. up more than 10% the services fourth quarter results that easily beat forecast

the company is also raising its guidance for the current quarter and for the full year. back over to you >> good stuff there. good day for chegg investors can you not afford maybe a peloton exercise bike? well, don't worry. you might be able to buy the stock instead soon peloton reportedly one step closer to going public the "wall street journal" says the bike maker and treadmill maker has been interviewing banks for an ipo sources telling "the journal" that peloton could make its market debut in the second half of the year. up next, our oil prices about ready to surge higher. why the bp ceo says a big crunch could be coming soon plus, crisis in caracas. just how long can the maduro regime hang on one of the leading experts will one of the leading experts will join us next put your data to work on the cloud that drives business. the ibm cloud. the cloud for smarter business.

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there are less thoughts that things will slow down. the economy continues to run price of crude oil both here and overseas also up 1%. staying with oil, bp ceo bob dudley going on the record overnight in egypt, and he has a big warning for your money let's go to dan murphy who is live in cairo with more. dan. there are a number of uncertainty that is could lead to an oil crunch over the coming months he still sounds pretty optimistic on the youtlook for prices listen in. >> the markets feel tight to me, and we plan bp on a sort of fairway, which i think is good for the world, between $50 a barrel and $65 that's good for producers and consumers. we're, you know, $62 today, so we're within that fairway. i think what's important is when

the prices are too high or too low, it leads to all kinds of unintended consequences. shaken but undeterred. bp still plans on spending about $1.8 billion in egypt. this year alone. that means this country is the biggest spender for egypt for a second year in a row it spends more money here than anywhere else in the world back over to you >> dan murphy with an exclusive comment from cairo, egypt. shaken but undeterred. good work, dan i'm watching you meantime, the crisis in caracas growing more desperate by the day thousands expected to take to the streets of venezuela they are trying to turn up the heat on president nicolas maduro and rally in support of opposition leader juan guaido. we have a policy analyst for latin america at the cato institute. juan carlos, thank you for

joining us you know, what we have found throughout history is that bad leaders, dictators, have somehow in many countries, whether it's cuba or other, have been able to hang on for longer than anybody thinks they should or could. do you fear that is going to be the case with maduro, or do you believe his days really are numbered >> this is not a regular dictator this is a mafia state. the incentive forces them to leave government are pretty small. they know the alternative is either facing prison in venezuela or extradition to the united states. that's why in recent weeks both the government of juan guaido, the interim president of venezuela, and u.s. authorities have been trying to let the authorities know in caracas of

the maduro regime, that they have a safe way out of venezuela in case they want to facilitate this transition. so far they are sticking to their guns we know for a fact that they are willing to starve the population if necessary, so this is not going to be an easy transition, says and hopefully, hopefully, we'll be -- i don't think it will >> i think you made an excellent point here he needs a way out even if he thinks he is gone, even if he needs to leave, his back is against the wall he has nothing to lose right now. maybe with the exception of his life if there's some kind of a military uprising. do we perhaps or some of the other countries in latin america, need to facilitate more of a clean outbrim step down. we're going to move you over here just go away >> well, that's literally what john bolton said in a tweet a couple of days ago he said, mr. maduro, can you just leave and enjoy the rest of your life in a nice beach

somewhere else tsds united states won't chase you. and the venezuelan government will chase you the military civilian authorities that have engaged in crimes since 1999 trying to incentivize him to switch to loyalty towards mr. guiado i think that once the oil sanctions start to bite, then the calculus will change for many of these guys in caracas. >> you probably didn't see it last week, but we did a big map. there are seven super tankers filled with venezuelan crude oil that were destined for the united states. there's seven that are out there right now that are fully loaded with about $900 million in oil one of those pulled into corpus christi. that's maduro money. it's oil, but it's money how long can he -- they have no government cash. how long is this going to work for your point

a mafia state requires money we're talking an kmi that has shrank since 2013. they can sell oil, i guess, to asia, but that's going to come -- that's going to come down with a markdown also, the ban on importation for the company means that venezuelan oil in venezuela cannot be processed because of thick oil. that means that they might run out of fuel in venezuela, and we might have a more choice of electricity and so on.

we'll get you back on again soon thank you very much. >> thank you very much >> a d.c. deal lawmakers are striking a late night agreement to avoid another government shutdown. more details as futures rally. checkpoint madness the tsa listing some of the most unusual items that it conphysician skated from passenger luggage. laaks on a py. you better believe it. stick around this parade of dishes will soon be yours to scrub. and they're not even... yours. new and improved dawn ultra can finish off this buffet. each drop now has even more grease-cleaning power. so you can scrub 50% less, and get done faster. next month, their place! a drop of dawn and grease is gone.

have you a d.c. deal breaking overnight an agreement to avert another government shutdown, and the market lots of it. dow futures up 150 points right now. global markets running as well full market reaction and analysis ahead what do freddy kruger, sn s snakes on a plane and the tsa all have in common that's coming up in worldwide exchange as we roll on right now. kble thefd reached a tentative deal to avert a government shutdown joining us now with more on a story that is moving marks phillip. >> it shoo you are is. brian, good morning.

a sigh of relief on capitol hill they have struck a deal in principal, at least, on boarder security lawmakers say both sides had to make some concessions. >> we're going to get what is best for the united states >> sources tell nbc news the agreement includes about a $1.4 billion for a border barrier that includes new fencing, but not president trump's concrete wall democrats initially also noted to limit the number of beds in immigration detention centers. sources say that cap did not happen however, the number of beds would gradually decrease by about 9,000. the deal still must pass the house and the senate before friday's deadline. right now it is unclear if president trump will approve the bill, but he has said he would

sign off if democrats and republicans can come up with something that both sides can live with. brian, that is the latest from here back to you. >> you are making a good point i just want to make sure that you made it clear that there is no deal yet. there is a deal in principal there is a nice framework. >> story going forward may be less about d.c. deelsz than it is about earnings. let's now bring in steven whiting from city private bank we got some good news today, steve. are we in an earnings recession? >> no, we're not >> no? >> we're having a real slowdown. i think the quarter we just passed for q probably when all

is said and done will come nearly at 18% year-to-year growth. now that we're getting to the point where earnings are slowing to low single digits or mid single digits, and analysts cut their estimates too far. that's happened again in every single quarter since 3q 2009 you will see it widely cited, ah, now earnings are falling the estimates say so those estimates have been too conservative, then every single quarter since mid 2009 and most of the time before, don't you think that the estimates are understated now. >> they are. >> is that because -- i know you have a very good and deep research team stt southeast group overall, your corporate

parent are you saying they've gotten it wrong again, or that companies are sand bagging >> well, this is exactly how it is when you take a look at earnings estimates out into the future, they tend to show too much growth those growth rates come down the end of the year, 10% dps growth may, in fact, be too high they're partly too high, again, because the near term estimates are too low. the reality is the american economy, the world economy is moderating for a lot of reasons. nine rate hikes. we will see a slowdown in corporate profit growth with it. i think all of the estimates are going to show that we're going to end up with something like a 5% to 6% eps gain for the quarter.

zplu guys were in front of that. you have done the same thing >> well, we think our estimates for ten-year ahead u.s. equity returns are coming up to about 5% they've -- >> come up or go down to 5 5 doesn't sound good, though >> it doesn't. it's historically well below long-term average returns. what it is is averaging in one to two recessions within a ten-year window of time.

it's a conservative way of estimating returns there's a lot of the world that isn't nine years deep into a recovery returns, actually price appreciation, has been far below. you are taking a look at emerging market equities at 12 times earnings without the economic boom behind it. our return estimates are a lot higher there are fixed income returns that can come very, very close to long-term u.s. equity returns at this point. that's not the outlook immediately ahead. i'm sure we've had a very big bounce back and when the news keeps getting you there, but i do think that we see a lot of caution in the near-term and a lot of exaggerated arguments, including the idea that earnings are already -- >> what you are saying is really important.

we are overweight u.s. bonds in a world where bond yields are incredibly off particularly in developed markets are yields are far behind the united states, where there hasn't been nine rate hikes. the front end of the u.s. yield curve is attractive. you can get over 3%. in the municipal bond market, can you get much stronger returns and across the risk spectrum, we have our overweights in the united states >> does the kmus economy go into a recession this year, yes or no >> no. >> i like it steven whiting, city private bank thank you. now, don't get mad at us we're going to do some math here we mentioned that van garde, slashing its expected rate you just heard from 8% average annualized return to 5% over

decade a 3% cut doesn't sound like a lot we're going to do a little math for you here i know it's early, but if you put $10,000 into the market and compounded that at 8% every year, you would end up with $19,990. just under $20,000 if you only get 5% a year, over the same ten years, you end up with about $16,300 difference of $6,600. that's a big deal. that's why it matters. by the way, you know who really should care? all those pension funds that are out there that have pegged 8% as their expected return. better listen up all right. let's find out what else you are going to be talking about today? time for this morning's top trending stories frank holland has promised us no math >> absolutely no math. well, a little bit we have a couple of numbers. we'll start off this story amazon's birthplace is up for sale that's where jeff bezos just hit the market the three bedroom 1,500 square foot house in bellview, washington, is currently listed for about $1.4 million

a little bit of numbers there. you know what's interesting about this this house just up for sale. you can buy it, but the house where steve jobs founded apple is a history being site. amazon certainly an influential company in america you would think someone would grab it and save it for post airport. >> you never know. they might >> could still happen. >> national enquirer's new headquarters >> i don't think so. moving on, the tsa releasing its list of the weirdest things its screeners found in passenger luggage last year. topping that list, something a little -- >> amazing >> yeah. a razor glove reminiscent of freddy kruger from nightmare on elm street, two grenades painted look like tuxedos, i still can't figure that out, and a live snake curled up in a hard drive. talk about a megabyte. the tsa posting this list on its instagram page oddly enough, this is all crazy stuff. i have seen even crazier things happen i saw a woman try to put a live dog in a bag through the tsa screening before an actual dog. >> you are supposed to remove those, correct >> i don't know what -- with your laptop.

>> with your laptop. your lap dog and laptop both have to come out of the bag. >> a new record in the nba world. a new record oklahoma city thunder star russell westbrook had his tenth straight game with a triple double that beats the legendary wilt chamberlain's record of nine such games in a row. over 50 years ago. the thunder also went on to beat the portland trail blazers 120-119, i believe, the score was. westbrook finished the game with 21 points, 14 rebounds, and 11 assists. his teammate paul george also had a triple double playoff. a big night for him. jierchlt a giant among men seeing him do it at 6'4" do it fantastic. >> they're 9-1 they're hot. the third fastest player to 100 triple-doubles chamberlain is on that list. west brook who is the third >> oscar robinson. big o. >> can't even stump me with those. >> you are 6ers?

>> 6ers. >> they're hot >> they're going to win a title. >> are you making the call going to win the title >> done. >> there you go. >> under armour results are on tap. a slew of other retailers. we'll break down the big names you need to watch. plus, unleash the bills. one of the most famous minds on wall street is betting big on america. why paul tutor jones says we are the best place to be america. we're back after this. ep doing , that's the retirement plan. with my annuity, i know there is a guarantee. it's for my family, its for my self, its for my future. annuities can provide protected income for life. learn more at retire your risk dot org.

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to get paid twice as fast. (danny) it's time to get yours! (vo) quickbooks. backing you. . coming up later today 4:20 eastern time a big interview, alibaba, executive vice chairman joe tsai sitting down with leslie picker. is he worried about a trade deal or worried about a global slowdown we are going to find out today at 4:20. really a buck and a half above where it is now, but they're want seeing any new return that stock up 17% over the last year let's turn now to retail because if you want to know how the u.s. consumer is doing, there is no

better sector to watch we are downtowning down to under armour results the retailer reporting its numbers before today let's tell you what to expect. stacy willits, president, and a cnbc contributor you have been basically unkind to under armour. it has disappointed investors. do you expect any different today? >> i don't here. i think we've seen under armour go through a phase where they've cleaned out their inventory. their inventory is under control here however, if you look at the quarter, they were still incredibly promotional, and the story is that, hey, they're not going to be promotional going forward, and they're going to increase their operating marmins by almost 700 basis points over the next several years the problem with that is a lot of those assumptions come from growth in the international

business and as we know, europe and certainly asia is quite a question mark in terms of the demand side of the equation here it's gone from 11 to 19. that's good. the market has said it's not as bad as it used to be where, do you believe the company is at least heading in the right direction, stacy >>ty do where i wlsh i think that north america, they've cleaned up the channel and closing those wholesale doors where we used to see way too much inventory that was always on sale. who does that remind us of there are so many retailers who have gone through this clean-up aisle seven phase and pulled back from wholesale and said, hey, guys, we're not going to let you kind of just give our product away and kill our brand.

>> can you help me help our years every viewers understand what's going on with luxury. here's the thing we talk about a luxury slowdown and china slowdown, and we should there are important things car sales maybe starting to come down yet, some of the luxury retailers, the lvmh's of the world, luxury cosmetics, they've been doing great that tells me we're not completely doomed. what are you seeing? >> they were all great they're not saying that asia has any sort of slowdown here. the chinese are starting to travel less. if you are highly ek posed as a brand to europe and you are dependent on that chinese tourism traffic, you have a

problem. these brands are saying they're in china, they're incumbent and already strong loyalty brands there. they're prepared if the chinese start to stay home more. however, there are other companies like a tiffany that said there's been a bit of a slowdown so far everybody said things are okay, but, again, if you are a tourism-based depending on the chinese coming to europe or the states, then you have a bigger problem. >> give us a name you love are you all about the auto right now, stacy >> you know, it's hard to ignore ulta when you saw numbers out of este lauter and laureal like we just saw you are talking 20 plus comps out of the year. you are still talking about the consumers going after premium luxury products. they're willing to spend on

quality rather than these fast fashion makeup brands. i think ulta here is intact, and listen to the vendors. listen to what they're telling you. you want to stick with nike and lulu here. you want to stick with the strongest brands out there >> we used to have a fed gentleman are. everyone had to put a dollar in when they -- i am going to make an ath-leisure jar >> it's going to be really full. >> we got vsh is it a thing? >> it's going to be very full. we need to come up with a new word >> yeah. athletic leisure they don't -- it's not -- jumbo shrimp newscaster intelligence. they're oxymorons. >> i'll come up with a new word for you for next time. >> put in the jar. stacy, thank you very much >> good to see you >> break out the rally caps. stocks pushing higher on news of a shutdown aversion. market reaction to a deal. plus, the s&p 500 just did something it's done less than

nine times in the last 30 years. 's's a rare market event it your rbi. stick around

woman: friction points, those obstacles that limit a company's growth. i try to find companies that turn these challenges into opportunities. but by going out in the field, and meeting management, suppliers, competitors. in the end, it's these unique companies with creative business models that will generate value for our investors. that's why i go beyond the numbers.

live shot of washington d.c. where a lot of stuff with no snow yet, but a lot of other stuff is happening good morning, by the way and it is looking like a good morning for your money dow futures are up bigley. 1 of 5 points right now. congress reaching a tentative deal to avoid a government shutdown by the way, it's still needing to be signed by the president. speaking of america, let's stay on the topic of this fine nation yesterday cnbci think the s&p

will outperform its peers. it will outperform emerging markets. now, i think from that you'll have to take all the correlated trades i think rates won't go down. they'll probably go back up. i think the dollar will probably stay firm. >> all right let's bring in now our friend jimmy, managing director at tjm institutional services jim, by the way, good morning. it's really dog gone early or good evening it's so early out there. do you agree with paul tutor jones. are you still believing in american exceptionalism? >> sure. i'm not -- i think things have been -- the last couple of years have been impressive i think there's things that need to happen now. i think we need a real live solution to the china trades commission that's what needs to happen to get us back above 2,800 in the

s&p az right now let's think of the three stories. we have china, the government, we have earnings all those things -- in earnings we had some things that were relatively subpar, but yet, the stock market rallied why is that? because the fed is on hold i still believe that that's the overarching theme. we can see the same story through a different lens if the fed is hiking or if the fed is on hold. right now we're in a good mood, and we sbraut all these stories. that's because we don't believe rates are going any time soon. >> i love putting our team here, world wooitd exchange, on the spot i'm going to ask them, plead with them to create like a worldwide exchange checklist of the wall of worry. you named a few things, but you left something out earnings, they've slowed, but we don't have the great unknown about how the numbers are going to come in it does seem like, though, jim, the fourth thing you might have left out, the big ub known, is brexit we still have no clue what's going to happen, and, by the

way, another vote on thursday. >> brexit, what we've learned about brexit is one thing that the europeans are so good at doing is pushing things down the road i think the market is very comfortable with that. the euro has been weak when the euro gave up 113, to me it seemed like, okay, we're pricing in something that's relatively bad in europe, and i think that we're continuing to do that. i don't think -- it's hard it's been a couple of years of this where we're supposed to worry about brexit and then they push things down the road. i don't think the market is taking it seriously enough actually, no i don't think the market is taking it seriously, and i think had not taking it seriously is probably relatively appropriate. i put that down not below the government shutdown, but right tied with that it's want like gravy it's like salt and pepper. >> we're going to do a big beautiful wall graphic coming up in the next day or two right now that's our worry list. do you think we're going to get a china trade deal, jim?

that's the next big thing. >> yeah, i do. i believe we will. i believe in -- there's always -- there's always been incentive on both sides to fix this before it gets too terrible clearly, they can handle pain there a lot better than we can they don't have to worry about re-election. that was my worry from the beginning. we do here have to worry about re-election. we do have politicians to worry about asset prices, worry about keeping the risk on trade going. i think something -- when larry was in town here about a month ago, larry kudlow, his speech, he said, all we're looking for is them to say yes on anything.

>> a deal to avert a shutdown has investors loving that news rlid see you tomorrow. wodwe exchange wodwe exchange "squawk box" is nextankfully, tn and actually improves memory. the secret is an ingredient originally discovered... . jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life.

good morning u.s. equity futures are higher on some big breaking news out of washington lawmakers say they've reached a tentative deal to fund the government and avert another shutdown details are straight ahead nissan slashing forecasts for the first time since carlos ghosn is arrested. "squawk box" begins right now. ♪ tell me what you are waiting

for ♪ >> live from new york where business never sleeps. this is "squawk box." good morning, everybody. welcome to "squawk box" here on cnbc we are live from the nabs market site in fiemz square i'm becky quick along with joe kernan and andrew ross sorkin. equity futures are indicated higher dow futures up by 17 p points. >> the four-day losing streak. it's the first four-day losing streak of the year s&p up nasdaq up in the second straight session. we'll see where things head. this morning the thoughts are that we may not be having another government shutdown here and that the trade talks with china might be on a good path. those are the things that are really helping the futures this morning. we'll talk about that in just a little bit let's also take a look at what's what happened overnight in asia. the neeks neek up by