hugh johnston, thank you for coming in. the ring for a possible role in the trump administration, "squawk box" will be right back.>> time for toy'tria qstn,das ivueio what are the three biggest ipo's of all time? the answer when "squawk box" returns. and offering aflac can help attract and retain that top talent. you know we like that top talent. and listen, i mean you gotta listen. aflac gives employees cash to help with unexpected medical bills. it's prime time to add aflac. request a call today at aflac.com/prime ♪ snow day by caitlyn smith ♪ celebrate the journeys that bring us closer together. the mercedes-benz holiday love celebration is back with offers on vehicles like the 2025 glc suv. now through january 2nd. (vo) this holiday, verizon will turn your old or broken phone into a gift. anyone can trade in any phone, in any condition and get samsung galaxy s24+, and watch and tab, all three on us. only on verizon. >> now the answer to today's aflac trivia question, what e ar the three biggest ipos of all time [sfx: wi

>> i think we lost our connection with hugh johnston. our thanks to him. he said utilities being a non-bull market sector would be one to stay away from. >> normally, yes, but everything happening with a.i. now. >> yes. absolutely. >>> let's turn to the bond market with big jumps in yield ahead of tomorrow's inflation report. >> indeed you nailed it. cpi tomorrow and ppi the next day. the market has much different prognoses or diagnoses for inflation in the u.s. economy, much different than many economists as rates pop before we see the data and it is not only that but as the wall street journal said 23 nobel laureate economist that it wrong on how the equity markets would respond after the election. if you look at the dow jones chart after you look at the interest chart you can see it is a mere image taking a breather and finally a breather after such an excited response to the obvious notion we will have better growth under the new trump administration. if we continue to look at 10 year, look at the two day and let's drag friday back into the picture. fr

realized when we say model what it means is there are analysts trying to figure out what to do now hugh johnston tells them what to do and they do it and they recommend the stock. it is what i am used to with a lot of other stocks and almost netflix and there you have to have somebody every day. and tyson paul tomorrow night it will be interesting in david's exclusive with john malone who will soon as you know become the interim ceo and we will get to some other big names on a light week for earnings and nice results out of european companies and you can see more of this in just a can see more of this in just a moment i'm a rock star. great job putting finance and hr on one platform with workday. thank you! guys, can you keep it down. i'm working. you people are (guitar noises). hand over the air guitar. i've got another one. (luke) homes-dot-com is a new, elevated home-shopping experience. beautiful design, tremendously rich content, and, my favorite touch, it's the only site that always connects you to the listing agent. feels like a work of art! (marci) lovely. what about the app? (luke) uh-o

>> i interviewed hugh johnston on "squawk box" here at the nasdaq what he said -- i asked him the sameecession, all these things he said two reasons. we're comfortable and confident enough to give long-term guidance he said the d-to-c business is much more predictable now. so much of that growth in earnings guidance is because they see the d-to-c business continuing to grow, they have an ad business they're expanding and they have the subscriber base they think is more predictable. and then the parks business. remember when they made that $60 billion commitment over ten years. they're seeing that pay off. it makes it a little more predictable even if there are hiccups in the consumer to know they'll get a certain kind of buy-in to see new attractions. >> we have a full house tonight. >> we sure do. >> everybody on set. let's bring in cnbc founder and contributor. >> come on >> our hands are getting sore from all this clapping tom is the executive chairman of orbit media and entertainment. tom, great to see you. you think this is a real positive progress report, an a grade. >> this qual