coming up, chuck stevens, general motors cfo.: return to wall street, where we cover three things, first, show me the volume. volatility should back up in the market, so who benefits from it? number two, a gunshot apple . with all that cash to be repatriated, where does they were not by bonds they were holding. and three, is it time to roll now? are the bargains out there this morning? kellyjoining us is jason from bloomberg. jason: good morning. alix: volatility front and center, a chart showing volatility for fx, treasuries, and equities, all picking up, but that white bar is the big street what our investment banks thinking today? jason: i looked at fourth-quarter earnings, specifically the sick numbers, which he spent time talking about, and goldman sachs is down 50%, versus the same quarter in 2016. deutsche bank was down, everybody down across the board because there was no volatility, not a lot to do. now? it feels like there may be more to do. i wonder what you are hearing. inx: if they do not do well the first quarter, e

. >> chuck stevens, cfo general motors joining us on a very busy morning.lso on a morning, andrew, where general motors beat the street on the top and the bottom line and posted record margins of 8.7% guys, back to you. >> bill, thank you for that. >>> when we come back at the top of the hour, the council of economic advisers chairman kevin hassett will join us to talk about what he sees happening in the economy and react to what he's seeing in the market. futures down 520 points for the dow right w.no s&p off 45 "squawk box" will be right back. s with signs of opportunity. but with opportunity comes risk. and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for pe