Followed by exxon and visa. Dont mean to interrupt, exxon is going to be interesting because of the russian sanctions. I wonder if they will comment on their investment with russ smit with rosneft. Beginning a new project in the kara sea. They might have problems getting the equipment. European sanctions for the European Companies from sending it. I think the first xfiles series was shot there. After the bell, lincoln, tesla, gopro. John kerry in india. This is showing the flag and repairing the relationship with mr. Modi. An important trip away from all the other major challenges. Is that the morning brief . Day. En at fed day and jobs stocks, bonds, currencies, commodities futures 13. 98. Utures euro under 1. 34, and a lot of people have been hoping for a weaker euro. American crude oil under 100 a barrel. , will ithe angst, vix open near 14 . Yen, 102. 82. We scoured the papers, here is a scarlet with the front page. Time running out, it ran out, for argentina. Standard poors says t
And squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc on this jobs friday. Im becky quick along with joe kernen and Andrew Ross Sorkin. And we are past the point of no return. We have a rocking lineup for you today. Kelly king, the bb c ceo, roche ceo chevron swan and Houston Texas owner robert mcnair. We have matt shattock. Were going to be covering jobs in the market. Vince reinhart will be joining us. And what is a jobs friday without a little shot of rock and roll . Kansas is celebrating 40 years in the music business. It has been a very changed scene over those 40 years. We have the founding member, drummer and band manager phil e. Hart. Andrew, obviously, we have it all today. We do, we do. Its great to see you, becky. Joe mentioned stocks are off to a very strong start this year. If you believe in the january barometer, its a great sign for the bulls. The theory satsdz that the s p direction in january sets the tone for the next 11 months.
Over to europe. Worries in italy, that was leading the pack there. Take a look at continent. Largely red, though germany does seem to have had a reasonably little bit of a turn there. Road map, where do we start . Amgen buying onyx pharmaceutical for over 10 billion to reinvigorate product pipeline. Gold, pushing up to its highest level in three months, shy of entering now bull market territory. Dueling dollar stores, try to say that fast ten times. Deutsche bank upgrading dollar tree but downgrades Family Dollar. Tesla outselling, get this, porsche, land rover and even volvo in california. There you go. Onefifth of the country. Yeah. Over 30 Million People. Economy thats come back. And birthplace of me. So three things its got going for it. First 15 years of my life in california. A new Brian Sullivan fact i did not know. Thats why im frequently seen in a beret. Lets start off with a deal. Its been in the works for some time. A lot of ink spilled about it already. Decent amount of tal
Its strategy. For those looking at cspan dont think about its coming your city next. There are 125 cities all across america that after bankruptcy. Detroit is now become the model. They want to even impose legislation nationally model after the success that if cities in economic distress make them not qualify for any federal dollars. Thats model after detroit pen. Senator Lindsay Graham from South Carolina who have nor federal dollars and senator cole from texas, who has so much money he cant count it through add ons. A senator from utah who was gotten 86. 1 million for warren hatch, for the rail system. These are the guys saying because they did it detroit. Theyre not saying detroit. Its for detroit that some lse d on economic distress. We are here today to say it was premature. There was no significant negotiation. Detroit is better than what we perceive to be. We have not seen the real detroit. Detroit an economically pillaged right now. [cheering and applause] economically pillaged