i'm david faber with jim cramer. live from the new york stock exchange carl quintanilla has the morning off. we begin with the markets, of course, this morning futures, they lost ground as you watched over the last hour, if you've just been watching "squawk box," global yields all over the place mostly down, though the ten year had been as low as 16, 26. president trump by the way also tweeting moments ago, here is that quote it is central to sort of the debate go on right now our problems is not china, we're stronger than ever, money pouring into the u.s. while china is losing companies by the thousands to other countries, and their currency is under siege. our problem is a federal reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. they must cut rates bigger and faster and stop the ridiculous quantitative tightening now. which gets us to the markets this morning, jim. we have been talking about negative rates, they only continued to worsen. it is a strange pheno

when i saw this, it reminded me of this conversation that david faber had with mike pierson from a deal from back in the valiant days in 2015, you know, when valiant was under fire for being a roll for deal after deal, and when the music would stop if ever here's the exchange and i'll tell you why i bring it up. >> you don't need to do deals to continue to have the growth you have. >> we absolutely don't. >> why do you? >> it creates more value for shareholders, that's my job, and it's our board job to do whatever we can to create value for shareholder. >> the overriding value over everything else is to create value for shareholders. >> it's the environment that collectively is not only politically correct but it is the future of in that role, i don't think pierson is going to be able to give david faber that answer anymore, and the question that i would have is what happens to the role of activism in this new dynamic that we're going to create. activism, are they able to just go in and basically argue that you're not creating shareholder value and you have to aggressively in some mecha

david faber, interrupting some daytime off to join us on the phone on the viacom cbs.re is the opening bell and the s&p 500 pretty negative. united states coast guard, and in celebration of 229 years of public service at the nasdaq, investment firm wahed investment, in celebration of its etf bernstein downgraded cbs we don't believe their version would have meaningful consumer appeal, the investment would wipe out the synergies and then some think that's fair? >> too bearish i think that the combination is good it is like the -- pick the wrong day to stop sniffing glue. it is not fair to judge it i think people are judging it and bakish is uniquely unable to pull this off. i think they can absolutely pull it off i think it has a lot of good things going for it. and people are just way too negative i feel they're way too negative about it they haven't followed what bakish has done. bakish made major changes, not just standing there, doing absolutely nothing and i do think it is just a shame that it is today i think that viacom will be a very thoughtful piece by nathan s

david faber back to you. >> okay, thank you mr. santelli.d it over to jon fortt so we can get a look at what's coming up on "squawk alley." >> two earnings, two significant stock moves, both called out trade tensions, macro uncertainty, hp enterprises up about 3%, autodesk is down about 10 we've got both ceos and insights into what this means for the markets coming up on "squawk alley. memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. whlet's do it.? ♪ come on. this summer, add a new member to the family. hurry in and lease the glc 300 suv for just $419 a month with credit toward your first month's payment at the mercedes-benz summer event. going on now. they give us excellent customer otservice, every time.e. our 18 year old was in an accident. usaa took care of her car rental, and getting her car towed. all i had to take care of was making sure that my daughter was ok. if i met another veteran, and they were with another insurance company, i would tell them, you need to

i'm david faber along with jim cramer we're live from the new york stock exchange carl quintanilla has the morning off. let's give you a look at futures. you can see we are looking for a higher opening on all the major averages, at least at this point. the ten-year note yield certainly one of the key stories. certainly has been for me and for you. look at that back to 1.755. this is something that hit 1.6 yesterday. >> big seller, big buyer, big seller, big buyer. really kind of crazy >> but there we are more or less back to where we were a couple days ago before some of the recent volatility, of course we'll get to why things have calmed down a bit. let's get to our road map. it starts with that pause in volatility stocks pointing to a higher open you've seen of course the bond yields are stabilizing a key downgrade this morning shares of kcaterpillar lower wih concerns about the trade war with china and some earnings bright spots lyft and roku both surging ahead of the bell. we'll also get to other names as well let's begin with the markets futures, as you saw, pointing to a higher o

. >> big interview with dara khosrowshahi coming up in a moment david faber and jim cramer have that have a great weekend, everybody. "squawk on the street" begins right now. ♪ 0 to 6 in 3.5 you got the speed shut up and drive ♪ ♪ shut up and drive >>> and welcome to "squawk on the street." we do have a big morning for you. moments away, the ceo of uber, dara khosrowshahi will join us, this after the company posts what is a record loss and slowing revenue growth but there is a lot more to deal with here. somewhat difficult quarter to get through from an investor perspective, why we're happy to have him go through the numbers. good morning, welcome to "squawk on the street. i'm david faber, jim cramer is here live from the new york stock exchange carl quintanilla has the morning off. look at futures, final trading day of the week as you see, what a week it has been when you talk about the markets, you see we are looking for a lower open, not dramatically lower, but lower. ten year note yield, talk about a ride, let's look at the ten year note yield. i actually want to see where we are

i'm sara eisen. >> i'm david faber in for wilfred frost, along with mike santoli. got the dow, s&p and nasdaq and russell all in positive territory the dow the best performer of all for today. >> every sector closed higher, consumer discretionary let the charge technology and discretionary did well the yield curve briefly inverting for the first time since last thursday. it's a technical indicator of recession. it has successfully predicted the last seven recessions, but there's all sorts of debate about what it means now, especially with the strong consumer insights from the likes of target, and the whole rally today has been about the fact that it doesn't look like we're going into recession, and then you get an indicator like this, and you wonder if it's people buying our bonds, taking out the fed cuts because of a somewhat hawk-ish fed minutes. >> and the familiar refrain has the u.s. economy is roughly 70% driven by the consumer, and the consumer remains strong. >> joining us is barry knapp, managing partner at ironside, charlie is still here, mike, as well as

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.has been a week since that big sell-off futures getting a bounce on the stellar results from lowe's and target as the market reat react the president. watch germany and unprecedented 30 year auction at negative 11 basis points is this a turning point for yields around the world. we'll get fed minutes later on today. road map begins with retail earnings, target and lowe's soaring in the premarket on their results bucking the downward trend in retail. >> one week since the dow's 800 point drop we're close to recovering the losses we'll take a look at the wild ride over the last week. and what you can expect next. >> as the september 1st tariffs aapproach, we'll take a look at the companies that may be in your portfolio with the most exposure first up, target set to open at all time high, lowe's surging on the better than expected quarterly earnings, revenues and comps. digital sales drove more than half of the growth in q2 comps lowe's reporting positive comps in all of their geographic

i'm david faber with jim cramer. we're live from the new york stock exchange carl has the morning off you can see we're looking for what would be a higher open, as we like to say here, higher. >> higher, all right >> our roadmap starts with some optimism, perhaps, involving the trade war. stocks are set for some strong gains at the open although still on track to break that two-month winning streak >>> plus pharmaceutical stock rallying ahead of the open, this after johnson & johnson received a smaller than expected judgment against it involving its sale of opioids. >>> and facebook targeting snapchat again the social network reportedly developing a new messagingapp that would allow even more sharing between friends. sharing. we share >> look. >> we're always sharing. >> the market is up. receive watched this market from 3:30 this morning up until now, and there's nothing. >> nothing >> nothing i mean, not even the bonds there's nothing. but people will foment reasons it's going up and i refuse to do that >> you refu

i'm carl quintanilla with jim cramer david faber is back.ures look to steady after yesterday's selloff, the worst in two months, as powell's message was confusing to some, certainly drew criticism from the president. first day of august also brings reminders of seasonal weakness europe is mixed. bank of england holds steady ten-year holding that two handle but ism is on the way in an hour our road map begins with the phrase that spooked wall street. mid cycle adjustment >> plus, verizon's 5g focus. the ceo says 50% of consumers will have access to that technology >> and beyond meat is tumbling in the premarket, pricing a secondary at six times the ipo price and has new competition on the way. stocks are looking to open higher after their worst day in two months yesterday the fed cuts rates by a quarter point, but the chair dampens expectations for more easing despite the selloff, the major indices still finished july in the green, their sixth positive month in seven, although we're headed into the historically weakest two months of the year

i'm carl quintanilla with jim cramer, david faber back at the new york stock exchange.sed for the biggest opening bell bounce since july big week as we set the table for powell's jackson hole speech on friday morning europe is green amid more reports of germany planning some fiscal stimulus measures ten year gets back to 162 and you see gold selling off today road map begins with the president sounding off on everything from the trade war to recession fears to his dinner with tim cook. >> and one company is shrugging off concerns about an economic slowdown in china. we'll tell you which one it is. >> a moment of truth for lyft as insiders get their first chance to sell shares at the open >>> stocks are set to build on friday's rally, we're heading into this morning's trading session, the dow is within 394 points of recouping all the losses from that wednesday sell-off of 800 points is the economy at risk of recession? take a listen to what the president and some of his top aides said yesterday >> i don't think we're having a recession. we're doing tremendously well. our

i'm david faber with sara eisen and mike santoli, live from the new york stock exchange.im and carl have the morning off. let's give you one look at futures here, of course, as we get you ready to the open a half hour from now on the new york stock exchange once again, third day in a row i think i'm saying a higher open at least as forecast we'll see if we follow through, of course, with those levels going to be a quiet day, it is the day before the long holiday weekend for labor day. road map, it starts with some optimism on the trade war front. same thing we were saying yesterday. stocks rising amid cooling rhetoric but here come tariffs. a new set, they're going to be hitting chinese imports and will kick in this weekend. >> keeping an eye corporate earnings, plenty this morning. campbell soup, ulta, dow, workday. >> shares rallying, this on news that 16 models will be exempt from the china import tax. all three major indices in the red for the month. and the nasdaq is the biggest decliner still down more than 2%, this might despite what has been a last rally the last

i'm david faber with sarah eisen and mike santoli we're live from the new york stock exchange jim andarl have the morning off. let's give you a look at futures for this thursday as we head into that labor day weekend. you can see we are set up for a far higher open, at least at this point investor sentiment, well, it may be getting a boost from indications that china will hold off on immediate retaliation for those planned u.s. tariff hikes that of course are going higher in part because the chinese did respond to our last hike in tariffs. a spokesman for china's ministry of commerce quoted as saying that escalations of a trade war won't benefit anyone two sides still planning to meet in september of course, much of this rhetoric or communication is what we've been seeing for some time. i don't think any of it necessarily means the chinese are not still in a stance that sort of has them backing off from full engagement that somehow would lead to a deal in the near term. >> i think it was a surprise olive branch, maybe, taken as good news by the markets that things weren't going to esc

sara eisen and david faber have the morning off.swings today as we're now back up almost 90 points more data crossing the tape. we start with santelli in chicago. >> the june read on business inventories, up changed. we were looking for a slight rise no big revision gdp issues there, but there is breaking news in the housing market for that we turn to diana olick. >> builder confidence for single-family homes rose one point to 66 in august according to the national association of home builders. that's one point more than expected but down from 67 in august 2018. sentiment has kind of swayed between 64 and 66 for the past four months. anybody above 50 is considered positive sentiment the index has three components current sales up two points. buyer traffic up two points to 50 sales expectations the next six months fell one point to 70. falling mortgage rates are boosting builder confidence. single family housing starts in the first half the year 6% lower than last year rob dietz says it is due to trade concerns one other piece of dat

i'm carl quintanilla with david faber, sara eisen, cramer is off today. futures red.s number in line, 164 k, revisions weak all three indices could post longest losing streak today since march. europe and asia catching up to us dax is down 3% and the ten year at 186, now the lowest since trump was elected president. road map begins with stocks moving lower ahead of the open, investors digesting trade war fears, latest jobs numbers, the uncertainty about the fed's next moves. >> trump tariff threats, the president promising to tax the hell out of china until a trade deal is reached. >> oil prices recovering after the worst trading day in four years. both exxon and chevron moving higher after reporting quarterly results this morning. >> along with inline results for july, payroll gains were revised downward for both may and june the unemployment rate held steady at 3.7 for a second straight month wage growth 3.2 from a year ago, but manufacturing weak, year to date average 8k, works 22k last year and santelli pointed out, manufacturing work hours, the lowest since 2011.

i'm david faber in for wilfred frost, in front of target. they had better than expected numbers. that's a new high. we're rallying on the broader market until the close. >> let's look at what is driving the action stronger, up about 2315 a the dow fed minutes just out emphasizing a recalibration. markets moving on that we just lost about 90 points in the last few minutes we're on the verge of an

deal done in terms of the agreements they had outstanding >> david, thanks so much for phoning in david faber on the cnbc news line the ceo will be on "squawk box" tomorrow so you won't want to miss that. >> a relief rally for retail best buy, dollar tree and kohl's, but is trade progress enough to solve all of retail's problems, and a big interview coming up. this is a different big interview. lots of big interviews on cnbc tomorrow on squawk wilbur ross joining squawk at 8:00 a.m. eastern time "power lunch" will be right back >>> retail stocks valley as the u.s. waits on tariffs that weighing on the group. even with some tariff threats removed, retailers have been under pressure as they deal with the seismic shift of how people shop more than 1,000 department stores have shuttered their doors and windows in the past decade and more could join them cnbc.com retail reporter lauren hirsh joins us to discuss the great department store shake-out we're seeing in retail great to have you with us. we talk about retail these days in context of tariffs, but xrt had been a sick chart long before the t

i'm morgan brennan with david faber and mike santoli, live from post 9 here on the floor of the new yorkck exchange. carl and jon are both off this morning. stocks are staging a recovery today. s&p coming off its largest comeback since december of last year on pace for its third straight day in the green, but is today's rally sustainable or is more volatility ahead? key question for investors joining us now is wells fargo asset management multi-asset strategist, brian jacobson, and invesco, vice chair of investments, krishna mumani. krishna, i'll start with you what do you think? more volatility ahead? >> i think volatility is to be expected in a stock market that's dealing with lots of issues but at the end of the day, the real question is, where do we go from here? and as the economy stabilizes in the second half and trade issues don't get exacerbated further, the markets are probably going higher rather than meaningfully lower. >> i want to dig into that a little bit more, but brian, first, your thoughts on the markets today given all the action we've had over the last couple of sessi

. >>> let's bring in david faber for more on that potential altria/phillip morris deal we have some details have some details the market wants to know i should point out, the dow jones has also reported the same thing that i'm about to tell you, a bit more detail the key thing is, you see it reflected to a certain extent in the moves from these stocks since the news started hitting we did not know rather than it being an all-stock merger of equals released in this press release talking about the talks between the two companies what the respective economics would actually look like the market was assuming an moe implied would be close to 50/50. it's not in fact, the two companies have been focused on a deal in which they were dealing with the market caps as they stood before they became somewhat changed, as a result of speculation about a deal and so a 59% ownership with a combined company by phillip morris international and a 41% ownership by owners of altria is what they've been working with they are still describing it as a merger of equals, but the economics are clearly not equal. they a

david faber thinks it's a ridiculous valuation i want a part of seat geek the co-founder, go look atir site you'll understand why it's so easy to use. i really like it stick with cramer. >> thanks so much. >>> i'm like everybody else. i praise j. powell not to -- is he a great communicator? here's what he is. he's a guy that has his ear to the ground he cut it a quarter point and left you more room he will be there at your back as we deal with the trade tensions. that makes it so you don't have to ski dad l, but there's nothing wrong with taking a little profit. so you have the money ready when it goes down i always like to i sa there's a bull market somewhere. i'll find it just for you. i'm jim cramer i will see you tomorrow! gonna kn guys in three seconds. i'm gonna drop kick him. him, and him. no, no, no that's my guy. that's my guy. the fate of the world is in your hands and you can't even get along. your momma. [ screaming ] >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or

dropped 14% and more interestingly, since she announced this deal, or not that she announced, i think david faberke it, i believe, around april 11th, the stock has gone down 16 billion what does that tell you? the company promised to shell they would maintain a proven balance sheet and not take undue risks. now, what the heck do you call this and even worse, not only do they break that promise, break that commitment, but they wiggle out of having to have the shareholders vote the vote because normally you would be, 20% of a shareholder vote to be able to do a transformational transaction like this. so they blatantly ignored -- this is the history of occidental they blatantly ignored shales. shales are a nuisance to them. it's time we hold them accountable. i mean, if the board had done this or in a family-owned company, they not only would be fired, but they would be sued. and so it's time that you make them accountable now, look, if they go in and say, hey, look, we have this deal that we must do, you know, and icahn is going to be disruptive i have never been disruptive in companies where compa

. >> thank you very much earlier on squawk on the street, kyle bass told david faber why he would not be surprised if interest rates go to zero. >> our rates are going to go to zero whether trump gets it all in one move or not >> you think so? >> yeah, because we're the only country who has an integer in front of our bond yields wlee have a rule of law and a decent economy all the money is going to come here all the money in the world is coming here. >> let's get more on where bond yields could go from here from michael collins, he also is morning star's fixed income manager of the year in 2017. mr. bass, who is certainly a respected voice, says he expects interest rates to go to zero in my notes, it says you think the fed will cut two more times this year, but the fed's got eight more quarter-point cuts in it, and it could take that fund's rate to zero in the next one to one and a half years. you expect it? >> in the next recession, absolutely i mean, the fed is the only game in town, right they'll have to basically bear the weight of the world on their shoulders and other than maybe

i'm david faber with jim cramer. we're live from the new york stock exchange carl quintanilla has the day off. let's give you a look at futures. we begin trading for the week half hour from now as you can see, of course, we're set up for what is going to be a sharply lower open on all of the major averages and, of course, as you might expect, that's where we start in our road map this morning. escalating trade tensions are weighing on stocks, along with a number of other concerns wall street is set to join that global equity sell-off at the open plus, th juan falling to a more than ten year low versus the dollar china central bank denying it is devaluing its currency shares of apple, they're down, like everything else, or more, ahead of the opening bell. which trump's tariff threats could mean for that technology giant. and potentially for the costs of the iphone we start, though, with the broader market stocks under pressure around the globe as u.s. china trade tensions escalate. china's yuan, which has now breached

david faber joins us along with verizon ceo hans vestberg. on west street. not too far axdwalk for you it's one year since you began a the company's ceo. you took over as chairman. year. >> how do you view your own performance during the course of the year and what did you find that you didn't think you -- what was unexpected in terms of the experience so far? >> if thinke that i should probably not put the performance on myself. in general, we have ae1 change the company, the new structure building the network differently, very voluntary program that almost x0,400 mps left us. we are changing the brand of the company. so everybody says verizon right now, all that and we still deliver very good results. i think that's what i'm really proud of the team has in this transformation somewhat changed. it's probably more than five years or ten years in one year we still deliver the result of the day and had a good result in the first quarter. >> we want to talk about those results. you think you having a sell rated change you said five and ten

i'm jon fortt with morgan brennan and david faber live from post 9 live at the new york stock exchange carl has the morning off and we have to begin with this sell-off stocks are falling across the globe, as china devalues its currency and trade tensions swell. tech names are among the hardest hit. apple, facebook, ibm, netflix, all down more than 3%. the dow is down 550 points at this hour. the s&p down more than 2%. bob pisani joins us here on set to break down today's action bob? >> so the thing all the traders are trying to figure out, is there another may that leads to a better outlook in june so remember what happened in may? we had new tariffs put on, 10% to 25% china retaliated we had the huawei ban come in. we had a little conflict with mexico, as well. but the bottom line is we dropped about 6% the s&p is eerily similar to what's happening in the beginning of august. oil dropped 15 or 16% for the whole month. bond yields hit the lowest since 2017 we were at 2.1% in may that seems like a nostalgic number considering where we are, but this is eerily similar i think the concern

i'm david faber along with jim cramer and sara eisen.set up for what would be a higher open a half hour from now when we begin trading for this tuesday here on the new york stock exchange yesterday, though, was the worst day of the year for stocks with the s&p of course falling about 3% the dow was down by more than 950 points it did end the day down 767 points this primarily on tensions between the u.s. and china over trade. of course china did allow the yuan to fall to an

up broadcom shares are relatively flat right now talks reportedly began last week, and our own david fabert this were in talk that later ended up breaking down it's reported to be near a deal back to you guys >> all right aditi, thanks lyft's shares are pretty volume tiff beating sales expectation. the stock is way off its highing on, it's not just barely positive it was up like 8% on the initial earnings new ro can u and booking holdings both jumps after beating the top and bottom lines, and trip adviser and monster beverage is lower. >>> to bes stake a major comeback leslie picket joins us with more. >> the markets have stabilized today, but one key technical risk is in store for the second half of the year, lockup -- for the hordes that debuted. usually about six months after a listing day. it also mean a massive amount of supply could come onto the market pressuring prices even further. a cnbc analysis found that an estimated $215 billion worth of stock will become available for trading, based on the $38 billion worth of stock listed in the u.s. in the first half of the year representi

i'm carl quintanilla with jim cramer, david faber.ts juggling a miss the white house is mulling a payroll tax cut. road map begins with a pause in all volatility got some calmer waves over futures this morning >> a bit of a check on the u.s. consumer this morning. we'll break down earnings. >> and breaking up is hard to do the chairman of the ftc weighing in on how to separate facebook the dow and s&p in the midst of a three session win streak, moving closer to erasing all of the losses from wednesday's big sell-off with stocks set for modest open, does this signal a pause in the volatility jim what do you think about that question >> i think that that's probably wrong. i don't see a pause because at what point today do we start hearing about jackson hole and what powell is going to say and what the president is going to charge we're still dealing with a rosy hangover from the weekend talk shows where people really are buying into what larry kudlow said and it is interesting, but home depot's comments are very much like what larry kud

david faber has the morning off. dow's down 100, slightly off early lows the vix is a tad elevated. to hear how the fed views the future how they are going to process future data. how they think the trade war and maybe even the president affects the forward path of rates. >> and whether they will use the mid-cycle adjustment and if he will get more aggressive names that are hurt the dow, nike, intel, caterpillar everyone exposed, china out with a surprise anoun it has new retaliatory tariffs against the u.s. exports into china from cars to agriculture, potentially machinery and other things we sell. >> further ammunition to point out the headwinds, if in fact he wants them. >> steve liesman, jackson hole, headlines from chair powell. steve. >> reporter: federal reserve jerome powell will say in a speech at jackson hole the fed will act as appropriate to sustain the expansion. he says risk management is part of fed's decision-making process. since the last meeting there has been further evidence of a global slowdown. he cites germany and china, the possibility of a hard brexit, turmo

i'm david faber in for wilfred frost today. i'm sara eisen here with mike santoli.he board and cut into -- higher only on the dow. lost some of that momentum there. dow closed up 2 points s&p 500 closing just around the flat line. did have some selling into the close. the nasdaq down. the russell down about a quarter of 1%. as far as what did well and what didn't today, financials, real estate, consumer staples all closing higher materials, health care, energy closing lower. another day where we have mixed signals. we got the inversion which could be worrisome to people we got a market pmi number below 50 contraction. and then better leading indicators and better jobless claims and a debate ahead of powell tomorrow. >> we heard from robert kaplan nonvoting. but still sharing opinions and showing some divergence at the fed. >> right we are up for the week we'll see what powell says tomorrow joining us to talk about the day, sean matthews, paul hickey joins us and mike santoli as always what stood out in the action >> pretty indy sizive day. i think they gave clearanc

i'm carl quintanilla with jame cramer at the new york stock exchange david faber has the morning off. futures red to start the week down about 120 here as we watch protests in hong kong, goldman cutting its gdp forecast europe is mostly red ten year yielding 1.68 today road map begins with futures falling. hong kong protests intensify, airport canceling all remaining flights today. goldman sachs lowering its growth forecast and reports that wework could file as soon as this week. we're going to start today with the markets. jim, not a repeat of last week, but we're going to -- it is going to be busy, cpi, retail sales and more. >> retail sales is on front burner it is hard to believe that given that unemployment rates are so low. people keep waiting for the inflation story in retail. i dealt with a number of retailers, and almost every retailer says, listen, very small margin hit to the september 1 tariffs. but as soon as you hear small, you say, big, big, big really good piece about dollar tree, not a lot of exposure to china and does well when the economy weakens. i want to watch th

sara eisen and david faber have the morning off. market is laboring to get a bounce here to close out the week we will end the week likely with a weekly laos. we are going to get economic data in a moment we had housing starts earlier today. let's get it rick santelli at the cme in chicago good morning, rick. >> good morning, carl. you know, traders like this number university of michigan this is a preliminary read and it's a disappointment. 92.1 we were expecting 97, maybe a bit higher sequentially, our last final read for july was 98.4 92.1 is the second lightest number of the year the first being january, that was 91.2 so it isn't horrible but if you go back a couple of months, especially towards may, they were with the 100 anything triple digits is quite imf. a bit of a lslip there i like to look at the one year inflation outlook. 2.7. one-tenth hotter that's interesting if you look at the five to ten-year, also one-tenth hotter from 2.5 to 2.6. obviously, the people didn't listen to the last fed meeting back to you. >> but you

david was okay yesterday, so we invited him back david faber joining me 3:00 p.m.up next in the meantime, dow's down 70 don't go away. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade >>> good thursday morning! it is 9:00 a.m. in jackson hole, wyoming. it's 11:00 a.m. on wall street and "squawk on the street" is -- "squawk alley" is live ♪ ♪ ♪ >>> good thursday

i'm david faber along with jim cramer and sara eisen. you can see we are now set up for what would be a higher open a half hour from now when we begin trading for this tuesday here on the new york stock exchange yesterday, though, was the worst day of the year for stocks with the s&p of course falling about 3% the dow was down by more than 950 points it did end the day down 767 points this primarily on tensions between the u.s. and china over trade. of course china did allow the yuan to fall to an 11-year low against the dollar late yesterday. the u.s. treasury in the day labeling china a currency manipulator. since then china's central bank has stepped in we' we'll speak with white house chief economic advisor larry kudlow in a few minutes. you and i were talking yesterday, jim, about what we might expect in the market during the course of the day the move down in yields and the 10-year in particular also caught a lot of people's attention. here we are a day later. we looked like we'd be down sharply after other markets opened down. we

i'm david faber along with sara eisen. we are live from post 9 at the new york stock exchange.off this morning. and we begin, of course, with the markets. they are rallying well off the highs, reacting to seemingly every comment or tweet from president trump. of course, he is overseas at the g g7 summit. an editor of china's global times is viewed as a direct conduit to the chinese government followed with a tweet saying both sides didn't hold phone talks and china won't cave to u.s. pressure president trump and france's president emmanuel macron are set to a news conference we will take you there as soon as it begins apparently, two questions for each gentleman, but oftentimes they go well beyond that. >> so president trump says you can say we're having very meaningful talks, much more meaningful than at any time, frankly, which led the market to rally, which was somewhat surprising after the news events of the weekend and friday. friday, the dow finished lower more than 600 points it was down 700 at the lows. the tweets marked a sharp escalation, followed up with tariffs as h

i'm carl quintanilla with jame cramer at the new york stock exchange david faber has the morning off.ldman cutting its gdp forecast europe is mostly red ten year yielding 1.68 today road map begins with futures falling.

i'm david faber with jim cramer. york stock exchange carl has the morning off you can see we're looking for what would be a higher open, as we like to say here, higher. >> higher, all right >> our roadmap starts with some optimism, perhaps, involving the trade war. stocks are set

i'm carl quintanilla with jim cramer, david faber.house is mulling a payroll tax cut. road map begins with a pause in all volatility got some calmer waves over futures this

i'm carl quintanilla with jim cramer, david faber back at the new york stock exchange.eek as we set the table for powell's jackson hole speech on friday morning europe is green amid more reports of germany planning some fiscal stimulus measures ten year gets back to 162 and you see gold selling off today road map begins with the president sounding off on everything from the trade war to recession fears to his dinner

i'm carl quintanilla with david faber, sara eisen, cramer is off today. futures red.evisions weak all three indices could post longest losing streak today since march. europe and asia catching up to us

i'm david faber along with jim cramer we're live from the new york stock exchange carl quintanilla hase you a look at futures. you can see we are looking for a higher opening on all the major averages, at least at this point. the ten-year note yield certainly one of the key stories. certainly has been for me and for you. look at that back t

i'm david faber with sara eisen and mike santoli, live from the new york stock exchange.ve the morning off. futures, we start trading half hour from now. here at the new york stock exchange we are set up for what appears to be a lower open for the major averages road map this morning does start with, well, fueling fears of nearing recession. stocks as you saw it, set to open a bit lower this after key

i'm david faber with sara eisen and mike santoli, live from the new york stock exchange.t's give you one look at futures here, of course, as we get you ready to the open a half hour from now on the new york stock exchange once again, third day in a row i think i'm saying a higher open at least as forecast we'll see if we follow through, of course, with those levels going to be

i'm david faber with sarah eisen and mike santoli we're live from the new york stock exchange jim andok at futures for this thursday as we head into that labor day weekend. you can see we are set up for a far higher open, at least at this point investor sentiment, well, it may be getting a boost from indications that china will hold off on immediate retaliation for those planned u.s. tarif

. >> big interview with dara khosrowshahi coming up in a moment david faber and jim cramer have thatverybody. "squawk on the street" begins right now. ♪ 0 to 6 in 3.5 you got the speed shut up and drive ♪ ♪ shut up and drive >>> and welcome to "squawk on the street." we do have a big morning for you. moments away, the ceo of uber, dara khosrowshahi will join us, this after the company posts what is a record loss and slowing revenue growth but there is a lot more to deal with here. somewhat difficult quarter to get through from an investor perspective, why we're

i'm carl quintanilla with jim cramer david faber has the morning off.y of the year we watch the 30 year below 2 overnight, china signaling tariff delays are not enough to stop retaliation europe is red but good u.s. data, productivity all beating

i'm david faber with jim cramer. new york stock exchange carl quintanilla has the day off. let's give you a look at futures. we begin trading for the week half hour from now as you can see, of course, we're set up for what is going to be a sharply lower open on all of the major averages and, of course, as you might expect, that's where we start in our road map this morning. escalating trade tensions are weighing on

i'm david faber with jim cramer.om the new york stock exchange carl quintanilla has the morning off. we begin with the markets, of course, this morning futures, they lost ground as you watched over the last hour, if you've just been watching "squawk box," global yields all over the place mostly down, though the ten year had been as low as 16, 26. president trump by the way also tweeting moments ago, here is that quote it is central to sort of the debate go on right now our problems is not china, we're stronger than ever, money pouring into the u.s. while china is losing companies by the thousands to

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.tures getting a bounce on the stellar results from lowe's and target as the market reat react the president. watch germany and unprecedented 30 year au

moment and as i mentioned before faber 2021 is when the other will the last remaining treaty new start expires and john bolton's already said we're not renewing that either. david in washington if i start with you. do we need to keep that in the back of our minds a fact that that very last piece of the puzzle could get for in fact probably will fall in a couple of years well you know i'm not sure i mean the fact that you've had to withdraw from the i.m.f. which is always been a european centric thing as a matter fact the impetus for it was helmut schmidt when he was a chancellor that may be seen as enough to address this issue and people might have a wait and see and the other thing is you know there's an election between now and then by february of 2021 john bolton could be a private citizen his opinion could be worth about as much as mine so you know i wouldn't i wouldn't pin too much on that it's worth it's worth watching but it's not worth watching like say a predator drone watches an area of interest ok quick final thought from you this is a crime going to be where it plays out. well i think is going to very hard to replace it with something else simply gi