joe moglia, thank you. >> thanks.'s first take on the week ahead take a look at the futures we have the s&p down 30 points over half a pen sent chl we have a weak empire state manufacturing number, causing a little softness in the it. you can listen to us live using the cnbc app stay tuned "squawk box" will be right back. >>> let's get down to the new york stock exchange. jim cramer joins us. i was off. i saw a lot of canning you were doing over the weekend and some fishing. i know you have thoughts of what china is doing just in terms of the weaker than expected-economy that's what let's moving the features today. >> it's way overdone remember, it is a totalitarian regime know tell common thesis now is, really, it's 2008 and our country replayed over there. 21 developers have filed bankruptcy i think it's factious reasoning. i think the chinese are able to change things if they want to. selling everything off china is becoming an endless theme. get used to it as long as they continue this bogus lockdown, they're goin