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Transcripts For CNBC Squawk Box 20131031

Russell 1,000. The russell 2,000 and the s p 400 midcaps have all hit alltime highs. Ten dow components have set multi year highs in october with seven reaching alltime highs. As for its year in the markets, volatility has fallen almost 18 this month. Of course, the lineup has led some to question if things have gone too far too fast. Pim pimcos bill gross on cnbc yesterday after the fed decision. The markets are bubbling and all asset prices are bubbling down. Steve liesman has pointed out Profit Margins are bubbling. To the extent that any of them can be suspended i guess is the ultimate test in terms of tapering or, you know, the purchases by the fed in terms of adding to the down shape. But, yes, slightly bubbly. All right, a little spooky. Well talk more about his opinions through wrought the morning. The futures at this point are indicated lower. Right now, you see some red arrows there. Dow futures down by about 30 points below fair. The s p futures off by about 2 points. On tod

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