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Transcripts For CNBC Squawk On The Street 20141230

Hit 52. 70 on wti. The ten year continues to slide below 2. 18 this morning. Our road map begins with oil. 5 1 2 year lows. More details from the planned shake shack ipo. Why the strongest growth may not be where you think. The latest caseshiller report. Youll see it flashing at the bottom of the screen. Well speak with Robert Shiller about what he thinks 2015 will bring to housing. You can see futures are off premarket. Crude continuing to fall. It all began with that selloff midday yesterday. Albeit on light volume. Unbelievable whats happened to crude. You thought some of the worst was over. It clearly isnt. Russias gdp down in november for the first time in five years. Its beginning to have more and more spillover effects. The ruble is up today. Thats something positive. Almost down 8 yesterday. Down 44 for the year of 2014. Its been a brutal year for russia. The u. S. Is where its at and continues to be. 53rd record close . Heading for a third year of gains for the s p 500. Double

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