joining us exclusively here at post 9, vox chairman and ceo jim bankoff.im, good morning. >> good morning. good to be here. >> last time you were here i was asking you if you were making a call on consolidation. i guess you were making a few literal phone calls on consolidation. some people will look at this and say it's a 51-year-old magazine that you're buying, but there's more to it than that how much did the digital properties really make the value here >> a ton and i'm glad you led with that. a lot of people know new york media for "new york" magazine particularly but if you live in new york and all over the world now it's relevant, is iconic and has a great history. it will continue to have a great future in printi, of course. what you may not know about new york media, its digital business is really its primary source of revenue, its primary source of growth they have done an outstanding job of growing and it's not just by taking the great journalism that's in the pages and putting it onto the internet, it's about creating new properties, new busine

we'll ask vox media chairman and ceo jim bankoff about that next. of course, still a lot more ahead on botoday's market rally take a look at that. the dow is up 434 points the s&p is also up 1.3%. the nasdaq is up 1.6%. we'll be back after isre th bak servicenow put our workflows in the cloud. this changes everything. you're right sir... everything. no not everything, i mean you're still blatantly sucking up to me gary. brilliantly observed, sir. always three steps ahead. six steps ahead. sixteen. so many steps. you done? a million steps ahead. servicenow. works for you. >>> welcome back to "squawk alley. stocks continue to rally with the dow up over 450 points right now. biggest gains since june 4th the dow is now within 2% of its all-time high. the s&p, less than 1.5% away from its july record high. joining us now to discuss all of this is senior markets commentator mike santoli and chief investment strategist brian belski mike, i'll start with you. >> yeah? >> taking a look at this market right now, your thoughts >> it's a round-trip back to july