we have much more with minneapolis fed president, narayana kocherlakota. ♪ >> i'm alex trebek. 85, please listen carefully. the lock i want to talk to you about isn't the one on your door. it's a rate lock for your life insurance that guarantees your rate can never go up at any time, for any reason. many policies don't have one but you can get a lifetime rate lock through the colonial penn program. this plan was designed for people on a fixed income with coverage options for just $9.95 a month. that's less than 35 cents a day. your rate is locked in for life and coverage can never be cancelled. your acceptance is guaranteed. you cannot be turned down because of your health. call for your information kit and gift. both are free, with no obligation. matt:matt: a few minutes away from the opening bell. you can see the view from our roof. gorgeous. aoks like industry not to be gorgeous day. mike regan is here with the three things you need to be looking at today. also, sam's tavon, managing director of u.s. equity strategy at s and p capital. thank you for joining us. mike, why do

narayana kocherlakota will be - bbe -- on. >>> and later on "squawk on the street" the interview withkota right, but this is fischer. >> i will be on "squawk alley" during this. >> it's a great interview ahead of his big speech saturday. >> really? >> i'm doing double duty. >> that's a long day. >> the bloom. viewers benefit. the bloom is off the rose for some of the buzziest ipos. so far more than 53% of this year's new offerings are trading below their opio price. the impact on violation straight ahead. created using digital models and real world location-based specs that taught it how to follow the wind. so while the ones on the left are waiting, the ones on the right are pulling power out of thin air. pretty impressive, huh? now, two things that are exactly the same have have never been more different. ge software. get connected. get insights. get optimized. >>> welcome back to "squawk box." some of the buzziest stocks that have been ipos. right now they aren't so hot right now. there are some big implications for some companies gearing up to go public. good morning. >> morning. >

speaking of tomorrow, with he will have narayana kocherlakota.ore easing, simon. >> that should be really interesting, steve. a quick question. what's nice about jackson hole is, it is actually global. you get global central bankers. i am wondering who else is there from around the world besides the federal reserve if that's going to impact the conversation. the pain is being felt there. the fear of higher interest rates is being felt abroad. >> i think that's right. >> can i talk about what we have tomorrow, elizabeth? good question, sarah. unprompted. we have the indian central bank governor on tomorrow. i didn't know if i could say that just yet. i think it's an interesting conversation. they are each going to grab each other by the lapel. the americans are going to say, get your economy going. we have been telling you for months and months now that we are going to raise rates. why aren't you prepared for it. the emerging market, why are you going to do this to me? you are causing my currency to depreciate. you are forcing me to make interest