in the next hour, we have goldman sachs' jim o'neill. stay tuned. squawk will be right back.can cost upwards of...[ whistles ] i did not want to think about that. relax, relax, relax. look at me, look at me. three words, dad -- e-trade financial consultants. so i can just go talk to 'em? just walk right in and talk to 'em. dude, those guys are pros. they'll hook you up with a solid plan. they'll -- wa-- wa-- wait a minute. bobby? bobby! what are you doing, man? i'm speed dating! [ male announcer ] get investing advice for your family at e-trade. >>> tonight, you voted for action, not politics as usual. >> "squawk box" breaks down the election results and what it means for your investments. >> and we know in our hearts that for the united states of america, the best is yet to come. >> from early market indicators to overseas reaction, "squawk box" is the place to be when it comes to your money and your vote. >> good morning, everybody. welcome back to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. and we have a winner. >> i am looking

at the same time, jim o'neill has warned clients momentum was you turning negative, but his colleague says it will be a close call. so we want to know what do you think, is the u.s. cliff a grand canyon worthy of issues or more of a fiscal mole hill. if you want to join the conversation, worldwide@cnbc.com, @cnbcwex, @ rosswestgate. @kelly_evans. so we'll monitor that story. meanwhile, what are the other issues? you talk about pressure on the currencies. what about on commodity currencies? like canadian dollar resource sector, what happens with that? >> that is a tougher call because we're finally beginning to see a supply side response to the bull market in commodities. it's not just a demand issue now. and i think at some stage we might begin to see that supply having a negative impact on commodity prices. and to be honest with you, when i think of the one benefit that could come the way of the equity markets over the course of 9 next 18, 24 months, it would indeed be lower commodity prices particularly lower oil price. >> if you had to pick now, what are you overweighting in terms

jim o'neill. governor chris christie, new jersey, on an even pace to get your gas. if your license plate ends in an odd an odd number, but today you get it. if it ends in an even number, that is the day youet it. those are the odd letters if you and him a letter, a and c are the all lovers. tran-four are the even letters. when we come up we have bob mcdonnell. it really is like an avengers here. the best and mightiest of the republicans making one final pu on tuesday. coming up after this break. if i'm arrested over the license if i'm arrested over the license plate and ♪ music kids will spend 22 minutes watching us, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live nearhe water. what you don't know about flood insurance may shock you -- including the fact that a preferr

jim o'neill. governor chris christie, new jersey, on an even pace to get your gas. if your license plate ends in an odd an odd number, but today you get it. if it ends in an even number, that is the day you get it. those are the odd letters if you and him a letter, a and c are the all lovers. tran-four are the even letters. when we come up we have bob mcdonnell. it really is like an avengers here. the best and mightiest of the republicans making one final push on tuesday. coming up after this break. if i'm arrested over the license plate and neil: you know that guy. paul ryan. this is an event going on. in chester, ohio. just to let you know, we have brought out the best and mightiest of the republican party here. perhaps like a political avengers team. you have rob portman and governor john cusick and bobby jindal there. you have virginia governor bob mcdonnell. he will be joining us shortly. i mean, that is the who's who of the republican party in an all-out push to fit mitt romney over the top. to show you how tight the ohio races. they are either dead tired or s

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