vice president of the ceoe also with us.ome pretty dire numbers there when we look at the forecast of the spanish economy contracting 15% in a down side scenario. how much is this to do with the structural of the economy and because it is exposed so heavily to the tourism industry and how much is down to the government's handling of the pandemic >> good morning. yes, as you mentioned spain is probably going to be one of the countries that are going to be hardest touched by this. our forecast in worst case is minus 15%. best case is other minus12%. if there is a prolonged lockdown in the latest part of the year there are three main reasons why we are hardest impact by the covid. first of all, we have one of the longest lockdown in the world. we were almost four months lockdown in spain. a very tough lockdown for the public secondly, our economic structure is composed of various smes touched hardest by the covid we are highly dependent on the tourism. that has been the sector that has been the worst impact by the covid. these

whil we don't talk to the ceoes of nonpublicly-traded companies on the show i'm making an exception becauseinbelievable ilstraying and the best aspects of the mobile internet. the single most important trend that i've seen in investing. welcome to "mad money." good to see you, sir. how have you been? i understand you have exciting news to share about your product. i want everyone to know it because especially after apple reported blowout numbers. give us the news. >> the news is if you're an mlb.tv subscriber and we have about 350,000. >> i'm one. >> you're one of them. we lose money on you because you watch it so darn much, but that's okay. if you're an mlb.tv subscriber you can now watch any game you want on your e phone. part of the at bat application will include all 15 games every day, on top of the one free game already, now we're adding all 15 games tonight. to if you go there tonight, watch your favorite team and it might be the phillies, click on the phillies and if you're an mlb.com tv subscribers, you're there and away you go. >> i want to cut to the chase and it is a difficult q

let's get the çólatest.Ñi >> the ceoes beençó underxd questioningpf%i■ over three hours.q fielding bipartisanerlp data? >> after this project is done, khe answer is n/é >> tiktok says thatt( data is fm before october 2022, and no data after that date has been stored. but this comes as lawmakers are galvanizing support for a ban on the app, and the bideñbftr(t&há% administration weighs whether there's ant(Ñi alternative struc how the app could operate in the u.s.Ñiçóokxd chu said with enough time and expertise, he believes tiktok could replicate that, but the jury is still out. >> when you think about tiktok and its reach, it's one of the fewq things that unite the american people, if you think @@out more than 150 million americans using the app on a regular basis.çóçó there aren't a lot of other things thatçóqqw3'c■ americans on. and i understand the chinese app islp zv■xdpopular, but people w own ad ban tiktok? >> no, that'su■ whyÑi the polit buck has been passed on this one back and forth.ó[■ you heard the commerceu■ secretp a couple ofÑi weeks ago sayó[■ u ban tiktok, you lose every vote u

and here is what some of you had to say about other ceoes on the hot seat. the we talked about ibm fire eye. coca-cola. on the hot seat. >> and pepsi has been knocking it out. this is a time when pepsi, not just the salty scene of the accident b-- salty snacks. but pepsi as the complete unit. a al. >> mayer, costello. here is one. meg whitman. >> no way. you are what your record says you are. the turn around underneath her control has been phenomenal. no way you get rid of her. >> how about eddy lamp ert. >>less like bezos. he owns the place. >> he knows he's on the hot seat. he may not care or give a damn but he's on the hot seat. >> activist shareholders control more capital than ever before. so theoretically everyone is on the hot seat. >> he has fireproof pants on because he's been on the seat a long time. . . >>> trader blitz now. first up is walmart. moving higher after beating on both top and bottom lines. strong back to school season. maybe this was a surprise to a lot of people today. >> well the first positive comp in seven quarters. >> sort of dou

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andrew keane is an independent trader at the ceoe.trades with citi, jpmorgan, bank of america and goldman sachs. so what do you see for the financials today, andrew? >> the financials are a little lower. they're not down that much. jpmorgan is flat, ge is flat as well. it's interesting to watch the volatility. we saw the vix hit 20. even went under 20. went to about 19, 20. i'm watching the volatility. goldman sachs, they report earnings later this mon on january 22nd. should be interesting to see what the volatility does going into earnings and what the volatility does after earnings. >> outside the financials, which obviously are important just because of their sheer weight in the overall market, what group really sticks out in terms of the likely to be a lot of activity today? >> well, the thing i'm always watching is gold and the dollar. they have an inverse relationship on each other. whenever gold rallies, the market rallies, which means we will keep interest rates low probably the next year than affects financials. basically, w

until productivity goes up, wage also probably remain muted profrnlgts du >> jurrienf fshgjurrien, if ceoe confident, won't productivity go up we'll let the dreamers stay. the population will grow people worry about that and think we can never get above 2%. don't you think productivity can come back? >> sure. you know, potential gdp growth, the speed limit of the economy is the sum of productivity growth and labor force growth. having immigration is a good way to grow the economy. absolutely all the western -- all the industrialized countries have a demographics problem so you need to boost your population one way or another, whether through birth or immigration. it's a slow-moving thing productivity the same thing. if taxes are cut, regulations are cut that should potentially boost productivity unless you do one or both of those two, you will be stuck at 1.5, 2% real gdp growth. you need to do something structurally to raise that limit, and it comes down to those two things >> okay. thanks, jurrien, david guy, thank you for being here. >> i'm staying i'm not going anywhere >> i know that

what topop hollywowood actor appeared inanan ununcrited ceoe inin t 1988 fmm "youngns"?ise. >>> despite t market't's recent drubbing our nexext g gue says stocks are poised for a suained rally. heheren a cnbc exclusive, ing's chief mamark strategist, the formerer cefef sategist at b bea stearns. thank you for coming in.n. >> thank you. >> what is i iwewe s. why do you think stks are going to keepp rallyingng? >> i ihihinkt's sisile. it's about earninin.. the expectations arere t earnings a a g goi to go from e mid-50s tohe mid-70s. ifif yimply hit t tho expectationsns,toto mamark's t t chchf. eastern n thcoconcn about consumer and ememoyoyme, we're moving tords a positiviv print on dpdp in the third or fourtrt quarteter. even ifft't's tepid recovery, you know,,hahat should be r rea great for cocorpatatprofits. sxsxinththat the story. >>>> tt's something a lot of people are hopopintoto heaeahe momoneononhe sidelelin,, veveors hoping to j jum bk in with this,utut there a so many headadlis s d so many storieses that we sese e eve day. totodathth story is how house prices mi

well, when tesla ceoe lon musk is involved.he use of the world recall. phil lebeau is live in chicago with more on that. >> basically what it comes down to is that tesla had a remedy, a fix for the charging station. basically sending a new adapter to model s owners and it was listed on the government website for all recalls, therefore, it's considered a recall. musk is saying, look, we're not telling people to bring the vehicle is, in model s. it shouldn't have been called a recall. that was part of the news yesterday when he joined us on the "closing bell." another part of the news is he said tesla is on track to build 800 cars per week by the end of this year. he sees model s demand growing in europe and china sales are just beginning. >> we expect to start shipping -- putting cars on a boat essentially in about a month. and then we're hoping to make our first deliveries in china in march. not 100% certain but hoping to do that. i think towards the end of this year we'll see very significant sales in china. we're seeing a tre