apologies, hope to see you in person again sooner than later gina sanchez, thank you.nergy grid story. i'll see you there live. "squawk box" is next one day, you're gonna take a hit you didn't see coming. do you stay down? or do you get up? [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪ want to save hundreds on your wireless bill? with xfinity mobile you can. ♪♪ how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do that too. all on the most reliable network. sure thing! and with fast nationwide 5g included at no extra cost. we've got you covered. so join the carrier rated #1 in customer satisfaction. and get a new samsung galaxy starting at $17 a month. learn more at xfinitymobile.com or visit your local xfinity store today. >>> good morning, tesla getting hammered again this morning after a drop of more than 8% yesterday. the investment in bitcoin not helping. the cryptocurrency plunging again today. rising interest rates are in focus. that will be a key topic for fed chair jay powell when he begins two days of

gina sanchez is the ceo of chantiqa global and cnbc contributor. markets keep going higher and higher and higher over the course of the last almost year now. >> thanks for having me, dom i agree. we have seen tremendous performance out of the markets when you think about sort of what is the psychology that's pushing this generally it's the idea that this was never going to be a permanent situation. the pandemic would be a short-term or possibly medium-term event and you would eventually get to the other side and have a recovery. that recovery is not only priced in, but we've seen continued margin we've seen continued multiple expansion, even considering where we were in earnings at the beginning of the year. even though we have spectacular earnings, we still haven't caught up and the economic recovery doesn't quite catch us up either. and i think the markets are well beyond their skis, priced into protection so far the vaccine recovery hasn't gone -- the vaccine rollout hasn't gone well and there are still a lot of questions left hanging over the m