well. what a night, triple crown racing, rarely if ever disappoints. a great show across the board, on behalf of daniel blair, the goat, ricky carmichael and the entire crew at arlington, i am todd harris, we will see you next weekend, around number 8, supercross from daytona, good night everybody! good morning welcome to "street signs." i'm julianna tatelbaum these are your headlines european markets start the week on the front foot brushing aside the pce print in the u.s. and wall street looks to bounce back from the worst week of the year. uk prime minister rishi sunak looks for a deal with ireland as the imf director

flies in for a potential new trade agreement. the german lender trades atop of the stoxx 600 after rejoining the dak. the ceo says the bank is ready to support germany in the face of recession risk. >> the german economy is resilient and adaptable to the trade corridors. that is where commerzbank is. and nokia gets a facelift with the strategy announced in barcelona. there is still room for growth in 5g. >> the market has not peaked we believe the 5g market will behave differently from the 4g market where it peaked we believe we will see an extended peak for years. hear from borje o kekholm

from ericsson this hour. welcome to "street signs." happy monday you have no trouble seeing neceme i the red dress on the sea of green. the stoxx 600 pulled back 1.4% last week. we had u.s. equities ending lower. the dow jones industrial average pulling back 3%. the nasdaq pulling back more than 3% over the course of the week the narrative that has taken hold in markets over the last week has been fears around fed tightening and what it means for future growth. interesting to see european markets have been more resilient with the u.s. counterparts we're up 1% in the first hour of trade. in the terms of breakdown by

region, here is the broad based gains with the lag in the ftse 100 up .90%. 1.3% up in the cac 40. strong gains in italy. ftse mib up 1.4% swiss market is up .60%. a nod to the cyclical sectors this morning let's see if that tallies. oil and gas and chemicals and banks out in front we are seeing a strong demand for the sectors. a risk-on mood this morning. on the down side, under performance in the defensive names, but still green every sector is trading higher media and healthcare and financial services are the l lag laggards we have all three majors pointing to a strong start this morning. this comes after a very difficult week of trade on wall

street last week we are in rebound mode you can see how u.s. stocks have progressed over the last seven days we have got green across the board in the u.s. and in europe this morning here in the uk, we are watching a brexit story. imf director and rishi sunak will meet in the uk to finalize the deal on the northern protocol to govern the brexit trading agreement. the uk wants to change the rules amid the political deadlock with a focus on customs t if sunak can hammer out a deal, he has to convince his own country to back him. still a lot of uncertainty this is potentially a significant deal not just for

the northern ireland protocol, but the direction of travel in terms of the relationship with the uk and eu moving forward here is the ftse 100 trading under performing with europe, but still trading higher at 1.8% currency is holding steady against the dollar now it is flat at $119.50 against the dollar and in gilt, you have the 10-year yield trading at 1.7%. we see the 2-year trading at 4.07%. in the interview with the uk chancellor, jeremy hunt, we asked how the uk economy is doing after brexit >> that is a period of time when

we had to deal with the shock of the pandemic and in that period, the uk has grown faster than france or germany. i think it is too early to make a premature judgment given all of the other things going on i would say in the uk we have tremendous optimism we will make a success of the new destiny there is no reason why we can't prosper in the way canada or australia. you know, these things are difficult to judge right now given the turbulence we have seen with ukraine and covid. it's up to the uk. >> let me welcome the head of rathbun. it has been a while since we talked about the northern ireland protocol now it looks as though a deal may be on the horizon which could be significant for rishi sunak. if we get a deal, will markets

interpret it as positive for uk growth >> possibly. the main way we sent to see how markets react is through the currency sterling and dollar rate tends to be where it is playing out as you just indicated the market is pretty flat this morning. the market is not taking this as good news. if we do get improved growth as a result of the protocol and the changes inability to export, that might mean the uk government doesn't need to borrow so much this year it may affect the supply/demand level. the gilt supply is expected to be large any growth in tax receipts will reduce the gilt supply >> why do you think markets are having a muted reaction? sterling is flight at against te

do dollar you see the gilt curve and that is not moving either why is there so much weight on these developments >> i think there is a wider economic data with a bigger impact on markets with the inflation and expected rate hikes. these are the things that would have a much higher direction on gilt markets 80% of the moves are driven by interest rate expectation. at the margin, they may in the future increase demand with supply it is at the margin and the market is not taking the news. >> fair enough when you think about the implications with markets of the deal, we had cal pickerining on "squawk box" earlier this

morning. maybe more medium implications if we see agreement and coming together of the uk and eu now, it could pave the way for a favorable relationship in the future would you support that view? >> possibly. obviously, the deal or situation in markets can be different than northern ireland and southern ireland with issues going on hundreds of years. the good friday agreement which was 25 years ago doesn't want to be ripped up they may stroll to get their party back in, but get back in from the labour party. the labour party doesn't want to play party politics here the situation is different from other things in europe on the one hand, you say it is positive, but on the other hand, issues may be different.

>> fair enough let me come back to your point about what is driving uk markets right now and that is largely what is happening on interest rates. you know, looking back at the last week, the narrative that has taken hold of markets appears to be the anxiety resurfacing in the u.s. over fed tightening and the impact of tightening on u.s. growth prospects. has there been any redirect in the view from stateside and the fed rate market? >> i think so. obviously, the weather was bad in december and i watched half of the stadiums empty in the nfl. this kind of rebound we saw in january, i think, was pretty much weather-related we had the same in europe somewhat less so in europe which was a wilder winter than usual there has been a redirect

because the gilt market has been weak with the u.s. treasury market being weak. let's not forget, the fed will want to try to control the excess liquidity in the system if you look back, it was quite excessive. 12 times the size of gse they have to drain that liquidity from the market. also, unemployment markets are strong that will continue to create income growth and sticky inflation. the adage of don't fight the fed is read last week and we have to wait for the fed to telegraph they will go on halt let's not forget, inflation in the uk was double digits everybody was saying it was coming down. double digit inflation is high the banks are under the pressure with the level of inflation. >> what is your expectation for the bank of england? what more in the pipeline? >> it is not different from the

u.s. similar economies in the u.s. with labor markets so strong the labor market is strong in the uk the bank of england will have to continue to hike in line with the market i wonder we have base rates high here and the gilt market is trading through that i think the gilt market needs higher yield i think they have more in the arsenal to do. >> interesting you say that. last week, one of the most attention grabbing pieces of survey out the data is the consumer conseqfidence which wa better the consumer is not feeling as bad as expected with the inflation pressure that remains in the system. do you think there is a chance that an uk growth surprises to the upside despite what we're seeing on the inflation front? >> yeah. this is a possibility. you have to look at the january tax receipts from the uk

government and expectations of that let's not forget we are sitting on massive savings there is a disparity from the wealthy and those less fortunate. i think there is excess savings to come out of the system and while employment remains strong in the uk as well and any power is fighting higher inflation pressures. we hear about the cost of living crisis and energy prices have come down some way that will further support growth as well. there is an expectation, you know, maybe growth continues to come through both in the u.s. and uk this will possibly create a situation where central banks raise aggressively and make something nasty down the road with a harder landing than what we are expecting as a considerable policy. you know, let's not forget rates

take a while to come through and they tend to lag impacts tend to lag. we could see is 12 months of strong growth before weakening there is not really an interest rate hiking scycle where something hasn't broken. that is the next question that everyone seems to ask. >> all of that tallies with the pull back in the markets last we're. the fear coming to the floor thank you for joining me this morning. commerzbank makes the return after four years after dropping out in 2018 to make way for wire card annette caught up with the ceo of commerzbank this morning and talked about the outlook for the business >> great recognition for commerzbank and the commerzbank team the last years have been really

difficult where everybody is proud and happy. >> let's look at the business outlook. it seems that germany and you as the lender with the biggest loan book and germany is in a tricky situation. how do you assess the situation? >> i would assess the situation better than maybe some people think. the german leadership is resilient and adaptable to the trade corridors. >> where do you see the changes in the trade corridor? what are your customers doing? >> they are diversifying away from china and they are going more to north america and south america and australia. we see huge movement into north america and u.s. and canada. that's where we are with our customers. >> talking about the business outlook, if you look at the last

quarterly earnings, a lot depends on the high interest rate environment is there room for more support for higher rates >> we expect more to come from the ecb and i think they have given announcements. a little bit more will be coming, but not hold to the way in the u.s three plus is what we expect. >> talk about non-performing loans. we are on the brink of recession in germany and downward revision in the first quarter and most likely negative in the second quarter. what will happen to your loan book sfwh. >> -- book >> we don't see anything coming to the loan book our customers and companies are in good shape. also in some areas, which are energy intensintensive, it is difficult, yes, but the german

leadership is resilient and it is a mild recession which will help the situation difficult situation, but opportunity for change and new developments to come >> today is the one-year anniversary of olof scholz's speech of the venders. there is a lot of demand from the defense industry are you financing the defense and how is loan growth going there? >> we are totally in line with the german government and whatever the government and parliament is deciding this is for us, of course, natural that we support those companies and projects they are given a green light from the parliament. >> do you think we are heading into the military super cycle and this sector of the industry of the economy, i should say, will support your loan growth? >> it seems to be obvious that

germany ha has to do more and wl in the future do more and we will finance also this part of the industry which will be playing a more important role. we need a realistic view in the future even if it is hard and sad. we need to accept the political situation and what germany needs to do and what is necessary now. >> from banking to telco that's in focus this morning as mobile world congress kicks off in barcelona we see green across the sector let's get to karen who joins us from the conference. >> reporter: good morning. i have moved to the ericsson booth. we will talk to the ceo after the break as we talk about connectivity and what is next and inflation has caught up with the sector there are big challenges ahead as we talk about the future of

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welcome back to the program. telecom equipment make nokia is targeting more business from enterprise customers and revealed a new logo. the company no longer wants to be viewed as a consumer company and aiming to expand the shares of sales from enterprise customers. karen has more from barcelona. >> reporter: julianna, this goes to the heart of the industry where some of the revenue for some of the carriers with infrastructure have been challenged in years. you see the problem with the revenue for the equipment companies. as a result where they pivot to the profitable part of the industry nokia is going up to the b2b market and the brand refresh they want to double sales in coming years that is where you see the big players in the industry reach

for the 5g profits i asked the ceo of nokia where they are in the journey of 5g. >> the market has not peaked we believe the 5g market behaves differently from the 4g market where it baked and started to go down we will see an extented peak between now and then in 2028 and 2029 one p key reason is the additional volume that we will be getting from private and industrial 5g installations because it is clear that many industrial actors and manufacturing companies and mines and ports and power utilities will not only rely on network capacity that they apply from carriers, but investing in their own private networks this is supporting themarket i the coming years >> when will we see that there is a greater opportunity

with 5g over 4g. when we see business spending kick in to drive margins for your company, but your carriers and operators? >> i argue they are starting to be there when you look at our economic development in the past couple years, it is pretty promising. this is despite the challenges we have faced including inflation and lack of component availability and semiconductor and war and high prices of energy despite all this, we have been able to actually accelerate growth we had 3% growth in 2021 and 6% growth in 2022 and 11% growth in the fourth quarter of 2022 this is accelerating at the moment >> are there hard and fast numbers with 5g over 4g not just for your company, but the industry >> it is difficult to compare. 5g is a larger market and will be over 4g

ultimately it is up to the competitors. we actually change in the world. although we are not the political player, but it is a fact that in today's world the geopolitical development is actually supporting our business >> reporter: and nokia ceo there and i am standing in toenokia's competitor territory with ericsson i was just discussing with nokia about where exactly we are with the 5g journey how do you describe where we are at this point? >> we are still early in the 5g journey. about one of five sites operating to meet that band. it is only when you get that performance that you want from the 5g network that is where you get the speed and then we need to migrate to standalone

we are still 20 networks launched on stand alone. it is not very late in the cycle. we are very early. >> what do you say about your profits coming from 5g at this point? >> it is an important part for us of course, you know, the networks we upgrade today and mo mo modernize gets prepared for 5g >> to what extent do we see india doing heavy lifting for 5g some of the strength is fade in the north america market europe has been challenged by a difficult environment when it comes to revenue is it just india growing >> india is pursuing a strategy that is in a bigger context it is really digitalizing india. you see that on i.d. cards and

in whole of society and investment in 5g network follows that india is an interesting case for what you can do with the communication network. i'm convinced within a few quarters, india will have one of the strongest 5g networks in the world and start to drive innovation on top of the network before many other countries. >> can i ask about the sexy part of the industry around 5g? that is enterprise nokia has flushed out they are going after this market. you have been talking about the use cases for a long time. 15% growth you saw in the recent numbers. how competitive is it in enterprise at this stage >> we see our strategy as firm it is basically developing the mobile network and enhancing our leadership there and gradually move to enterprises. we are doing that in two ways.

one is to leverage the wireless networks so we call it en enterprise wireless solutions. we are more competitive than our leaders in america we are in a good position outside with growth with dedicated networks you will see a come of new products launched here in mobile world congress the other part is also exciting. it is actually leveraging the network and the capabilities eof the network to drive next generation digitalization of industry and society that is where our company is going. you will see a number of showcases about that here. >> can i ask about europe? you have been critical of the rollout and pace and embarking on the journey to 5g the latest is the consult with

the industry about whether big tech should contribute to the costs of the network infrastructure what do you make of that plan? is it telling us that europe is failing to come up with the capital it needs and it is just reaching for an area it knows? >> it is a bigger problem in europe where the profitability an among customers with the mobile network operators are simply too low they don't return cost of capital. that is why the debate comes up. i think that's what we need to focus on solving then i know the fair share is one that can be used we need to find all of those different avenues to actually create some sort of ability to invest in a critical infrastructure also in europe the big problem in europe is our customers can simply not afford

to build out the networks. i think that will hurt european competitiveness long term. >> how do you deal with this at ericsson the other piece here is the lack of consolidation with the carriers what is the answer >> you know my view on this. i do believe europe needs to consolidate. if you think about the u.s., it is three operators india, two or three operators. china, three you see many countries having consolidated europe with 200 operators. four plus in almost every country. it is an industry structure that is probably unsustainable. that needs to be addressed >> and you mentioned the geopolitics for a long time with questions of huawei. chun the chinese are back at the

event. how is china playing in the telecom and also tech? >> i often say why are we interested in this we talk about one global standard we as a mobile ecosystem have done something that is pretty unique we have a true global scale. we have 8.5 billion subscriptions around the world if you think about that, that gives access to almost anyone to communicate wherever you are in the world you can communicate on a cell phone network that is critical for our industry to maintain the value for society is so big and we don't talk about the advanced applications. somebody called their grandchildren from a village, a remote village that has a big value on the quality of life. our industry is a big contributor and it really affords good in the world and i

think that is important to maintain that is why i often talk about this >> and i need to ask about 6g. what are we talking about with 6g >> i think we are way too early. of course, we inn pvest a lot i 6g maybe not 6g, but evolution of 5g what we need is this ubiquitous coverage of high performance and secure network that is what we are talking about. the next generation, when you call it 6g or something else, is really something to be debated later on what we need to bring is the higher performance and capabilities and better efficiency i think it is premature besides that >> which would be a 2030 story in terms of timeframe. >> 2028 or 2030, i don't know. >> thank you for the time today.

i appreciate it. ceo of ericsson. you hear we are having con ver sa -- con vargs conversations abo future and metaverse and connecting devices in cars or the skies. we are talking about the future here at mobile world congress. more coming up in the next couple days, julianna. >> thank you i can't wait for more of the conversations. coming up on the program, we look at outlook for the uk business community as the uk and eu appears to close in on a deal in northern ireland. more on that next.

welcome back to "street signs. i'm julianna tatelbaum these are your headlines european markets start the week firmly on the front foot brushing aside the pce in the u.s. and wall street looks to bounce back from the worst week of the year. uk prime minister rishi sunak closes in on a deal with northern ireland and imf

director flies in for talks. and commerzbank comeback they trade at the top of the stoxx 600 after rejoining dax. the ceo tells cnbc the bank is ready to support germany in the face of the recession risk >> germany is resilient and adaptable to the new situation and trade corridors. that's what commerzbank is looking for with our customers. and 5g takes center stage amid the tech names at mobile world congress in barcelona. the ceo of ericsson talks with cnbc >> it is really only when we get the band that you get the performance you want from the 5g network.

fr let's check on the europe equities we are over an hour in the trading session of the week. it is green across the board broad based rally. rebound after the pull back last week with the stoxx 600 lose 1.4% for the week overall. that marked out performance over the u.s. with all three of the major indices there end 2.5% lower. the market narrative taking hold fed tightening and anxiety and what it means for future growth prospects accentuated by the core pce hotter than expected on friday down beat last week, but off to a strong start this week here is the picture for forex markets. dollar trading against the swiss franc. euro trading firm against the greenback. now up 15 basis points to 119.62 gaining ground over the dollar

dollar we were flat there morning commissioner vice president and rishi sunak will immediate today in the uk in an effort to finalize a deal on the northern ireland protocol which is the brexit trading agreement the uk wants to change the rules with the focus on customs arrangements the chancellor said the uk opposition would welcome the deal >> it is improvements on the northern ireland protocols make it easier for goods to move between great britain and northern ireland that is in the interest of people in northern ireland and businesses struggling at the moment in terms of trade >> 45% of uk business leaders believe brexit has had a negative impact on the economy almost 2/3 expect it to improve

in the next two years. that is according the boston group state business report. we have the research director joining us now thank you for being with us. interesting report what a timely moment to have you on the program before we dive into the findings from the research, i'm curious what your take is on this deal whether we will see agreement come with rishi sunak and ursula >> it looks like they have reached the deal it does look like rishi sunak has decided to put it to parliament he is due to give the speech later on today there is opposition from the conservative party members and mp, the labour party will support it the question is what the unionists in northern ireland will say that is the big unknown at the moment >> what is the implication if we do see the deal get pushed

through all the way? what would it mean for the uk business community and uk economy? >> i think one thing is uncertainty. one thing we saw in the survey is around half of business leaders ranked uncertainty is the reason they are not increasing business investment at the moment. this is the political uncertainty we have seen we have the northern ireland protocol bill. a lot of businesses are looking at that and looking with the trade dispute with the eu. all of this will really try to take this issue off the table and remove that uncertainty and it would be another factor in allowing businesses to focus on the day-to-day over these developments >> i suppose taking that idea of increased clarity a little further, if we see a deal come through, would it be fair to read across and take this as an indication of the direction of travel that we could expect to see more resolution closer tie was the uk and eu in the years ahead or is that extrapolation

unfair >> it will improve the northern ireland issue has been souring the atmosphere. it will change that if it comes into place the challenge is how does that translate to practical improvements you can improve the deal with the current government and conservative approach. yes, there will be a better atmosphere that will remove uncertainty, but it will not translate into concrete changes into the deal yet. we have review boards coming up in the next few years. it is a possibility a deal will move in other paths. >> let's put the deal to one side and dive into the report you have published title of the report "squeezed, but still standing." based on the results, how do you characterize business sentiment? >> i think it is often slightly better than we expect in the uk.

7 75% of business leaders expect recession this year. we asked about the medium term, they expect consumer growth to be better in the next two or three years. they confident of their prospects which is encouraging one of the strong things is the labor market everyone expecting unemployment to increase as the economy slows down we found 77% of business leaders will keep the head count the same or increase it. the >> what about labor shortages? on the one happened you have the strength of the labor market as you pointed out, but on the other hand for the last three years and pan demdemic and post-brexit, there is a skills gap in the uk. >> it is an issue and double-edged sword with the labor market

i think between 35% and 40% have struggled with labor and skills shortages this year. what we have seen is people are switching to hiring remote workers because they can't find the skills one-third of companies said they would hire purely remote workers in the last year that is a shift from immigrants or local workers remote workers is a new input. that changes the debate with the labor market >> are those remote workers based outside of the uk? >> we didn't have that that is a good question for next t time it is possible they are. it is possible they are based in other regions. particularly wales and northern ireland and yorkshire with 50% of businesses where they hired purely remote workers. it is the lower labor inflows.

>> what about business investment you talked about this earlier in the conversation business investment with the portion of gdp has lagged in the uk otherver other economies. what is the deterrent and do you have insight of the survey of what gets business investment flowing into the country >> the biggest deterrent was uncertainty. half of the leaders say they are not investing for that reason. that has been since the brexit vote and the shock of covid and war in ukraine they are dealing with a lot. the other factors are higher interest rates which are holding them back. it is weighing on the decision making i think the issues with taxes and investment play an issue we find for the largest businesses, 40% said staff shortages was an impact on the

investment they think inn pvesting in the cap capital, it is not worth it if you don't have the skills to work it. we did ask what policies have the most positive impact and it wasn't a clear picture there is not a consensus that highlights why it is hard to make policy in the space. what ranked higher is energy costs. that is the continuing problem and they think it should be a priority for the government and the energy price cap review coming up. that is an interesting one there. other factors rank where they were in taxation and things that effect margins squeezed from all sides as we said reducing the tax on investment were up there. these ranked one-third with business leaders no consensus or clear one or two ideas that would make a difference across the board. >> i suppose one of the biggest

questions or fears post-brexit is a lot of uk companies, especially finance companies, would flee and go to other european capitals. have we seen that? is that still a debate that a lot of companies are having? where does that issue stand now? >> i think it is an ongoing debate and issue particularly in the financial services sector. i don't think we saw the big bang that people are expecting with the large group of people moving to europe or companies moving to europe i think what we might see and the question is do we get the drip, drip, drip over time what we siee from the ecb and regulators, they will tighten the environment for how you do business between the uk and eu they will want more staff and more capital and more risk assessment than base in the eu that may be a pull factor to pull people in over time that is something to watch we have not hit the levels that

people forecast or expected. some things have moved. >> just commenting back to the initial conversation with the northern ireland protocol deal we had a guest earlier who made the optimistic point if we get agreement here, we could see a closer relationship in the future in other rther realms. it may make europe friendlier. >> i think that is a question of what are the drivers to the partial relationships. better atmosphere could help in financial services, eu took a stance that it is not in the commercial interest to strike a deal with the uk they don't want capital markets there. they want it outside of the eu with the better atmosphere, i'm skeptical. >> thank you for joining us today and running through the report director of the center for growth. coming up on "street signs,"

the u.s. adds more tension with the fear that china will supply russia with weapons. we'll have more after the break.

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welcome back let me take your attention to fresh geopolitical developments with the russia and ukraine war. for context, china last week issued a 12-point document, essentially a peace plan, calling for peace talks and national sovereignty talks on the back of this, the kremlin said this should be analyzed in detail taking interest of all sides into account the kremlin declines to talk about the u.s. media report saying china is considering transferring drones to russia. the kremlin is saying it is wired worried about the situation in moldova that situation is one they are watching the kremlin is concerned by the situation in breakaway moldova region this is the key concern if we were to get a cease-fire in

ukraine in the coming weeks, it would potentially have significant implications with the precedent. if we freeze things now, it stands for substantial losses for ukraine and that implies moldova. the u.s. has warned china against sending any military support to russia with national security adviser jake sullivan warning of real costs if they provide weapons. nbc's brie jackson has more on the story. brie, bring us up to speed what do we know about china's plans and potential involvement in providing military support to russia >> reporter: good morning, julianna three sources tell nbc news that china intelligence suggests that china is considering providing weapons and ammunition and

artillery to russia amid the conflict so far, china has denied the allegations. this has come up in the past china has denied allegations u.s. officials will continue to monitor very man developments. they are warning that providing weapons to russia is against their interests. president biden is doubling down giving support to ukraine. pledging another $2 billion in aid. that includes high tech military equipment. the white house is continuing to rule out sending f/16 fighter jets we heard bipartisan calls for that so far that is not something the biden administration is planning to do. as the fighting intensifies in ukraine, there is a concern that china may amplify the war by providing weapons to russia. >> huge question mark as to what role china wants to play in the conflicting moving forward

brie, thank you for bringing us up to speed with latest and president volodymyr zelenskyy said he plans to meet with china's leader xi jinping to discuss the propose proposals a story to watch in the next few weeks. the dow jones industrial average implied opening higher as well as the s&p and nasdaq. we saw all three of the majors end significantly lower. we have a slew of data released this week. central bank tightening could start to cool global economies we will see flash inflation data for germany, frarnce and euro area and pmi from across europe and china and the u.s. and in the u.s., big week for retailers, kohl's and target and

salesforce are all due to release numbers this week. it is fascinating to get the insight into the how the u.s. consumer is holding up given the spending data recently is one of the key data points providing ammunition for the narrative that the fed may need to tighten more than previously expected. so that narrative last week, fed tightening and anxiety over it, and what it means for u.s. economic growth was the picture that drove markets last week and drove the 3% pull back in the dow and nasdaq and pretty much in the s&p as well ending 2.7% lower. so far this morning, green across the board perhaps a different narrative taking shape that is it for "street signs." i'm julianna tatelbaum "worldwide exchange" is coming your way next.

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it is 5:00 a.m. here at cnbc global headquarters. here are the top "five@5." we begin with new week and new fortunes stocks look to bounce back after the worst week of the year. and warren buffett has a message for the dividend haters out there in the annual address. and the merger monday. big money movers coming up. we take a closer look at the struggling u.s. housing market >>