jim paulsen, pleasure to chat with you on this friday.e on what is making other headlines outside of the business world. kailey leinz is here with first word news. kailey: canadian officials reportedly don't believe a nafta agreement with the u.s. can be reached today. negotiations hit a roadblock last night. canada has offered concessions dispute mechanism, but the newspaper says u.s. trade representative robert will not go for it. president trump is considering a new tax break for capital -- he told that they may issue a regulation that would index it to inflation. figuring if it can bypass congress. erdogan is something to find about the u.s. and president trump. he says no one can make turkey neil with dollars or succumb to economic pressure. president trump said erdogan let him down by not releasing an american pastor being held in turkey. global news 24 hours a day on air and on tictoc on twitter powered by more than 2700 journalists and analysts in more than 120 countries. coming up, it is been a rough month for emerging markets, b

. >> you have to acknowledge, jim paulsen said this in the last hour, that it is the policy of the administrationcreate instability and economic pain in many countries, and my attitude towards this is you don't go looking for global trouble because global trouble is going to find you. now i don't -- >> absolutely. >> -- see it as necessarily being -- i like this idea that it's endemic to turkey and not systemic to the globe just yet, but i just think the attitude of the administration is one that you certainly know as an investor they're not there to have your back to stabilize things. >> well, they're saying that -- what the administration is saying is they're there to promote american rust belt industry, heavy industries and compete with countries like china, turkey and other sort of 20th century heavy industry producers. how wise this policy is remains to be seen it probably plays very well into where we are in the election season, but i will say one thing, if china really goes bust. >> right >> if the chinese growth stalls, it will be not in american interest if the world -- >> i started this

through 3% wages, 3% cpi, and 3% 10-year, the investors all have a problem >> on the record there jim paulsente it. >>> when we come back, spinning and success. investors have taken notice. the company receiving a fresh round of funding we'll talk to the peloton ceo john foley right after this brk. eaquk box" will be right back. ♪ it is such a good time to kiss ♪ ♪ it is such a good time to dance ♪ ♪ it is such a good time to [ laughing ] ♪ scoobidoo doobidoo ♪ scoobidoo doobidoo [ goose honking ] ♪ [ laughing ] a bad day on the road still beats a good one off it. ♪ progressive helps keep you out there. >>> all right. welcome back to "squawk box. happy friday good friday morning. the futures right now are up 74 points. a pretty nice turn we have seen. basically flats we've seen the markets maybe anticipating andrew some good numbers for the jobs number. or simply ratcheting back trade fear concerns. or it's friday and the computers are happy. >> we will see we will see. >>> meantime, we have some big news out this morning on the market's hottest fitness brand spinning and streaming company pe