. >> we're talking about former vice chairman of general motors, bob lutz, interested in buying fiskerutz unavailable for a comment ton this proposed bid. vl motivative has the $180,000 car. why the interest in fisker? well, three firms are bidding for fisker automotive. fisker stopped buying the karmah late last year. they also borrowed $192 million from the department of energy just two weeks ago. here's what bob lutz had to say about the hype surrounding electric cars. >> the way the media were dealing with it two or three years ago, and it's, of course, the government was helping, but it was like, everybody's next car is going to be electric. and you knew that that was manifestly impossible, but, you know, a lot of people were carried away by the hype and way too much easy government money was given away to far too many companies who, by the way, did not all spend it wisely. >> so what are the desirable assets of fisker? you've got the tooling that's already if place for the karmah model, which, by the way, lutz and others all say is gorgeous and they love the design of the car. yo

bob lutz is former gm, vice chair and cnbc contributor and the author of a new book "icons and idiots words and pulls no punches and we'll talk about that in a minute, but it's great to have you. good morning. >> good morning. good to be here. i want to get your take on the jobs number. it comes on the heels of the auto sales which we were talking about yesterday and it's funny how the results on pickups at ford and others sort of dove tailed right into what we got this morning. what was your take? >> i actually -- in one of your early emails we said the sales numbers look good and the economy doesn't and that was before the numbers came out, but it is the view, i think, of most commits in the car business and all of the detailed data there looking at all of the leading indicators that the economy is improving and that consumer confidence is up and that people are in the mood to buy durable goods and so i think for those of us who follow it it closely it comes as no surprise and i think it will continue improving gradually and i think all of us like a gradual improvement far better th

still ahead, the former vice chairman bob lutz will give us his take on elon musk, what he has said thissk bob when we come right back. i have low testosterone. there, i said it. see, i knew testosterone could affect sex drive, but not energy or even my mood. that's when i talked with my doctor. he gave me some blood tests... showed it was low t. that's it. it was a number. [ male announcer ] today, men with low t have androgel 1.62% testosterone gel. the #1 prescribed topical testosterone replacement therapy increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breast-feeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cance

let's talk to bob lutz and jeremy jenkins. you'd have to be negative about the future of the world to continue to say bonds are a good idea. wouldn't you? >> well, i'm not certain you have to be negative about the future of the world, but for certain, you know -- >> why would rates not go up if the global economy does -- goes back to performing like it used to? a little better in terms of growth. if we did 3.5% here, if europe recovers, asia recovers, why would bonds stay at zero? >> yeah, but, joe, we're not doing 3.5% here. so if you look at the last four quarter of gdp, the average is 1.8% growth. >> why is it unfair to say you'd have to be negative about the growth of the world to be positive on bonds, then. >> well, okay. so we are actually very positive on bonds right now. in contradiction to a lot of market participants. >> and you're negative on growth, as well? >> we think growth is going to be anemic. we think u.s. data is less robust than a lot of market participants are anticipating. and we think that qe continues

lutz, managing director. earlier, we showed you pictures of the yahoo! ceo, marissa mayer spicing up her bloond blond bubble. we've move that page up a bit. blond bobe streaks must have been on the other side. we've been asking you was that a hit or a miss, that particular hair style? john tweeted sxdz the ceo's fashion statement was a hit. she looked good with streaks in her hair. and it's a fearless attitude needed at yahoo!. i think they have to be happy to -- i don't think so. i think it was tongue and cheek. anyway, that's just about it for today's show. coming up next, of course, "squawk box" will have the countdown to the opening of market space. an interview with disney's ceo, as well. whatever happens, we hope you have a profitable day. bye. ♪ ♪ ♪ the new blackberry z10 with blackberry hub and flick typing. built to keep you moving. see it in action at blackberry.com/z10 >>> good morning. today's top stories, the global markets. the nikkei topping 14,000 overnight, the highest level since the lehman crisis. >>> australia cuts its key interest rate to a record low in somewhat of a surprise move. in the u.s., equity futures are pointing to a