we'll try anything, including cnbc's own captain america, larry legend kudlow. first he is here. n the game now in real time. this is an uptick, i think, to be here before the number instead of like commenting on it at 7:00. aren't you feeling like -- >> you are correct. i just want to say anytime i come on "squawk box" it is a great pleasure. this is really where i began 15 or 20 years ago. >> like you're coming off the bench back into like the final four, the starting lineup or something. now it's on your shoulders to try and help us now. >> i will do the best i can. as i said, grateful to be here. >> i knew you were coming on friday since last week. >> we talked about you a lot. >> once upon a time i thanked penelope for launching my career. she she was a producer, became joe's bride. she said i can't possibly take responsibility for that. >> don't lay that on me. >> that was great. she's a great lady. >> we'll do this a lot now. >> thank you. i hope so. thank you very much. >>> let's get you through some of the morning headlines this morning. we have a couple ahead of today's

i have a kudlow plan. >> this is breaking, by the way, because larry has not revealed the kudlow plane solution in this region to anyone. >> including us. >> larry, what is it? >> easy. we should appraise, appreciate, raise the value of the dollar. by 15%, which will knock the price of oil -- >> how will we do that? >> -- down to $75 a barrel. first of all, the treasury and the federal reserve should jointly say they want a stronger currency. the dollar is down 35% from where it was ten years ago. talk about cnbc's 25th anniversary. that's says way too low. way too low. so we have king dollar. breesh it by 10% to 15%, and that will kill the price of oil, which is way too high anyway. what does putin fear the most? he loves it at $100 a barrel. he loves brent crude at $110. at $75 a barrel, russia goes bankrupt. okay? it's not a small thing. it's a big thing. anyway, we need a bigger king dollar to start with. >> okay. so let's say we get that. >> yep. >> vladimir putin needs petro dollars more -- more perhaps than any other country in the world. >> yep. i mean, john mccain's not wrong

you cannot talk about it without larry kudlow. he's going to join us next. >> and then later on, a very good friend, herb greenberg is blaming wall street for twitter's troubles. we're going to explain all of that when "street signs" returns. we needed 30 new hires for our call center. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have already used zip recruiter and now you can use zip recruiter for free at a special site for tv viewers; go to ziprecruiter.com/offer2. at a special site for tv viewers; female announcer: sleep train's interest free ends sunday. it's your last chance to get three years interest-free financing on beautyrest black, stearns & foster,

but a guy who probably does, larry kudlow, cnbc senior contributor. you know we have been screaming about this hopium concept for going on three years. hard to believe. time flies when you are anchoring a television show. do you think we are finally there? >> i don't. look, we are in a 2% to 3% range. i think we will stay there. i don't see any breakout. i'm an optimist by temperament but i just don't see it. like you, i have been waiting for big numbers to come in. they don't seem to come in. one small point i will make, i know the jobs numbers today were okay on adp. business investment long term what we call capx business investment has been lousy since this entire recession ended and that's what creates good paying jobs and it's not happening. the numbers today on factory orders showed it again. we are in lousy shape. >> what would change all that? >> that's a really important question. i will just give you one idea. they are profitable and got a lot of cash. we know that. why aren't they investing or hiring? i think they're worried about policies

i'm not -- larry kudlow is here.'s a little bit more of me than there was 25 years ago. >> there's a little more here, a lot less here. some of which was not my own. >> let's point out that we are at session highs on the major averages right now. the dow, highs, 13 points higher, s&p up 4 1/3, and the nasdaq up 15 points as we watch these markets sort of stumble, but happily stumble through the week here. >> yeah, it's tough, though. you know, if you're trying to trade, you're getting whipsawed in a ways that really we haven't seen in years. we're slamming around. if you happen to have a hemg on like short the nasdaq and you're long google, you're getting killed on both sides today. it's very difficult to even set up a hedge that works in that environment like this one even though we are moving higher. >> plus, you've got the march snapback in these economic reports. so far the good is beating the bad on earnings. so far. janet yellen yesterday, i was there, total dove. >> yeah, total dove, absolutely. >> the empress

let's talk more with larry kudlow. cnbc senior contributor. we have a lot of things we want to talk about. some say we're going through volatility. others say after the incredible double-digit gains last year, a little indigestion isn't a bad thing. put in that contest, we're not doing so badly. >> fair enough. i like what he said before. you've got a 5% or 6% correction here, it's a gift. as long as profits are rising, which they are, i'm not worried about the speed of the rise. i'm just saying as long as profits are rising, they're the mother's milk of stocks, these corrections are terrific opportunities to come on in and buy. that's my take. >> do you think the markets overreacted yesterday what we heard out of the minuted from the fed? >> i just want to say anybody who makes short-term moves on what the fed says on any given day should really have their head examined. they need talk therapy, and they need it in a very serious way, okay? i don't know if they need meds, but they need talk therapy. >> could you put an algorithm model on a psy

maybe they are waiting for larry kudlow. >> up next why we should be concerned about falling sales ofoducts and razor blades. corporate earnings and your money is at stake. we'll talk to the pros, including mr. kudlow when we come back. come back. tdi clean diesel event, get a great deal on a passat tdi, that gets up to 795 highway miles per tank. and get a $1,000 fuel reward card. it's like two deals in one. hurry in and get a $1,000 fuel reward card and 0.9% apr for 60 months on tdi models. [ male announcer ] when fixed income experts... ♪ ...work with equity experts... ♪ ...who work with regional experts... ♪ ...who work with portfolio management experts, that's when expertise happens. mfs. because there is no expertise without collaboration. you'd do that for me? really? yeah, i'd like that. who are you talking to? uh, it's jake from state farm. sounds like a really good deal. jake from state farm at three in the morning. who is this? it's jake from state farm. what are you wearing, jake from state farm? [ jake ] uh... khakis. she sounds hideous. well she's a guy, so... [ male ann

. >> i thought it was a good report and i will argue why when larry kudlow comes on in a few minutes.l us about the fed. >> i wish i could provide fireworks, but i think it's going to be a bit of a nonevent. they're going to reduce it, and we'll move on to friday's -- >> c'mon, this is tv land. we need an event. steve liesman? >> i think the first line a what i care about. lost time they had the economy slowed. we'll see if that's repeated, see if there's any other concerned in there. less some debate whether it's all weather, or is it something else the two areas i'm most concerned about are housing and cap ex. brian, you're bet out of the shape, why? >> i took the redeye, so i'm exhausted. but listen, canada is growing faster. the last time i checked, they had winter, too, in fact the entire country versus just a small aspect. you get my point. are we overdoing this doinggone weather thing, david? >> i think the federal reserve is not managing the housing recovery as well as they should, but it's mostly weather. even if you get a spring in the economy, 3% growth is enough to get us

. >> larry kudlow pointed out it's rather odd to hear a fed chair hoping for higher inflation down the lot of things odd about the last five years. thank you, guys. >> see you later. >> 20 minutes to go into the close. looking at a pretty strong session across the board even as we were discussing the correlation being down, bill. the last couple of days things have all been moving in lock step pretty much, and that's as we're waiting for earnings after the bell. >> including google and ibm out at the top of the hour. we'll tell you what the numbers are and what the streets are looking for next, and these results could set the tone for trading tomorrow. >> full team coverage of those earnings when they hit the tape. talk of what that might mean. >> meanwhile, billionaire, we don't call him mayor, and billionaire michael bloomberg never to be shy in retiring telling the "new york times," quote, i have earned my place in heaven. it's not even close. it means everything, he says, and some say if you tallip up all the good work he's done he'll likely get into heaven. kell and the pros will

everybody knows from larry kudlow down to the biggest liberal you could find that we need to fix that system. >> and my favorite, steve, how many people are coming on over the past couple of years telling us, oh, this is the easy part. we'll take care of this and move on to the income part of the tax bracket. >> nobody has actually done it. >> we need people who will actually do something about it in this country. >> if the fed wasn't manipulating the markets and the stock market went down because tax reform wasn't happening, it might get done. the fed is the problem on a number of levels. >> i have some sympathy with in. >> that's like saying a doctor shouldn't help a person on the ground because they didn't stop eating or they didn't stop smoking. the doctor -- >> the doctor took a hippocratic oath and the others took a hypocritical oath. >> if an alcoholic walks into a doctor's office with a case of whiskey, maybe. >> we've gone from a octobox to a hexabox. >> breaking news on a train rerailment and let's go over to dominic. >> a very developing story here about lynchburg, virginia

. >> so sorry, thank you, larry kudlow for teaching me these things by the way. >> really?he thing with watching corporations is, that they've been doing pretty well for years, and it -- it hasn't seemed to cause them to either expand or hire as much as they should have been. >> it's a technological revolution. we have people come on our air saying social mobile cloud. it means fire people will get more out of the people existing. plus we're -- we love globalization in this country. what is that about? exporting our jobs to countries where they then export pollution to us. and they -- there's no agreement we've signed that has ever been a deficit for them and a positive for us. so i mean those things do hurt employment. anyway, look, i'm sorry to be apolitical. it's the way i was taught to be. >> okay. we didn't know you were. anyway, thanks, jim. we will see you in a couple minutes. >> okay. >> he'll tell us what he really thinks on "squawk on the street." coming up, jim chay nose right about starting starting to panic about growth. the chairman of morgan stanley air shah