Becky will be back tomorrow. Traders returning from the holiday. Weekly jobless claims are set to hit the tape at 8 30 eastern time. Economist expect first time filing to decline. Many International Markets are closing to do boxing day holiday. Its boxing like the presence of boxing. Anyway, just in case you didnt know. U. S. Equity futures taking a look, setting itself up on this post christmas day. Nasdaq, up about 5 points, the s p 500 up 3 points. Also, a lot of obviously great news for investors to be happy about this Holiday Season. Data showing its been the best year for stocks since 2009. The average u. S. Equity mutual fund gained nearly 32 through december 20th. That edges oat the s ps 30 gains during the same period. Also, Small Company stocks eating their larger counterparts growth top value and returns of u. S. Funds. The day after christmas has become a huge opportunity for the neighs retailers. Some began sales online yesterday. Stores are looking to capitalize on people redeeming those gift cards. Targets Spokesman Says today is the single most popular day to redeem the retailers gift cards. You are you like Sugar Ray Leonard or something, you thought it was a day dedicated to years ago you saw boxers, boxing day. You know how there are certain words that you have these revelations about what they are sky scrapers was a word that i remember about 15 years ago it was actually scraping the sky. Up until then, it was a worse. Boxing day, for some reason, i thought look what they do for a living. They hit each other. They beat up their mind. They get terrible diseases early in life. But i dont think they deserve a full on more than any other sport. How about a day off from work . You know b the gift that keeps on giving, its not only the jelly of the month club, but the sweater of the month club. Sweater of the month club is something that is good year roend aus clark no, what what youre accused of today is there is a stain on the tie. Yeah. I had a sweater in my bag. We dont need to show the theres a stain on the tie. Its not that bad. How do you know its not a water stain or a drool stain and it drys up and identities its gone . I dont know. Theres also something else. We can talk about it later. But this is a big story. It is. They were buying presents on, like, monday. Are you blaming the victims . Yes. Buying on monday presents they expected to give people on wednesday . There are corporations in america just to find dloifr. I was a victim. Did you not get a gift to give or you did not give a gift . I had a plan to give a gift on tuesday to somebody before christmas. And i had ordered it on saturday. And it said expect delivery on monday. And continued to see on amazon expect delivery on monday until 8 00 p. M. On monday. So i waited and waited and waited. I went downstairs to figure out if it was really coming. And even at 9 00 or 10 00 at night fedex . U. P. S. This was not a family member. It was somebody we were going to see it was early. This isnt me you were going to because i got diddley from you. Is that why, because it was tuesday it didnt come. It did come on tuesday, but too late. You see . Where the hell is it . Lets go. Its your fault, not the delivery persons fault. The person already knows about it and was very sympathetic to my plight. Should we tell people what were talking about . No. I just think youre usually early, to in this case its appropriate that you were late. U. P. S. , right . Excuses all the time. This squad ward moment has been brought to you by joe kernen. U. P. S. Says it was overwhelmed. Did you use fedex or u. P. S. . It was amazon, and in this case it was u. P. S. I kind of feel for u. P. S. They were overwhelmed by high ive had a lot of weather, canceled this, this meant that some didnt arrive before christmas. The shipping company, there were patches of bad weather. Angry customers vented on social media, amazon. Com responded with an email to effective customers they were going to use drones, but theyre not ready yesterday. Meanwhile, a supervisor told nbc news that there were extraordinary delays that deliver giant. I think this will be one of those moments where we mark the shift to online, this is the year, Critical Mass and. Next year theyll add. But something happened this year that somehow the shift was monumental. You also realize that every retailer, their new bottle next at the shipper. It used to be that they are cared about the people who were just shipping to the stores. Or the instore service. And its not even your own people. That peoples very complicated. Theres basically two people, maybe three companies that you can use. There is the Postal Service. Right. Fed ix, u. P. S. , then maybe the Postal Service. Reuters hoping that those who attack markets, we had talk about this earlier. A Senior Executive who says a major bank could be able to crash did encryption code and make fraud ewe lint withdraws from peoples accounts. A spokesman for target says there is no evidence that pin data has been compromised. So that is kovconflicting. I didnt think the retailers were allowed or even able to use when you type in your four digit pin number, i thought that that never went in i thought that was never saved by the retailer. We do not have this whole story. Theres something very fish injury here. 40 Million People in that short amount of time shopped at target. Youre telling me more than 10 of the shopping population was affected but this and theres something that i dont know whats going on, but we do not have the whole thing. They should have an obama care signup. They should. They should have a desk at target. Thats actually, by the way, if walmart and target and a couple others had the desks that would be the administration relying on the private sector. Tease something they dont do. This latest extension did you see it yesterday . Basically theres an extra day. And i dont know, there was it was an open ended extension, wasnt it . They have dismantled so many parts of this mandate. Its crazy. You can claim hardship now, that the premiums are too high, so its a hardship and you dont have to buy it and youre exempted. Did you see that . You have to buy catastrophic, dont you . No. Theres always been an exemption, that if you had some kind of hardship, you the didnt have to buy the then they buy it for you, dont they, with a subsidy . You can be exempted through some kind of hardship. But the whole point was that it was mandatory. We were going to cover. Bingo. Happy holidays. Googles anyway, whose turn in it . Its turkey. To a number of international comments, turk kepss Prime Minister presenting a new list of cabinet members after many resign. Turkey currency is getting hammered over a last week or so. A huge corruption scandal. They arrested like 85 people about a week ago. That hammered the stock market by 5 in a sympathy day. A number of hedge funds got caught flatfooted. Now theres video on local television stations of 4. 5 million in cash found in the son of one of the ministers apartments. Its getting really, really messy. Turkey has a vulnerability to Financial Markets. Who wants a crisis . Be optimistic. Whats going on in china . Credit fears appear to be easing at least for now. Traders say they expected the central bank to refrain from more open market injections today after 8. 4 billion in the Financial System on tuesday. Speaking of china, the Chinese StateNews Agency Says edged down to 7. 6 and warnings it faces pressure to decline further. 7. 6 looks good. Yeah, it does. A duck dynasty marathon. These a e guys, to cash in on the controversy, they launched a double super marathon. Thats what id be doing. What is is it all about the all mighty dollar, my friend . Yes. I dont want to get into this. Im not going to get into this. If you were a tv programmer for the next two weeks, you should what was their initial high minded oh, youre saying theyre being hypocritical . Isnt of kancanceling the sh now theyre running a marathon. Hoe some holiday spirit. Anyway, if you thought u. S. Stocks were having a good year, which you check out the nikkei. Yeah, but its 40,000. Look at that. It has to double to get to where it was. You dont have a long enough chart up here. 56 . That is pretty good, though. Id like im hoping for that for 2014. Jan niece Prime Minister shinzo abe visiting a shrine honoring japans war shrine. Hes the first Prime Minister to visit the shrine while in office since 2006. Convicted war criminals are on the shrine and making light of the suffering endured by the korean and Chinese People and as a result, abe said its purpose was just to give thank for his first year in office, also to make a vow to avoid wars in which people would suffer and die. As opposed to the other kind of war. He did it on the 120th birthday of mao. Its an interesting the whole dynamic of any type of military intentions in japan following world war ii. Were not real happy when it looks likes theyre reasserting any type of military intentions. Which, you know, that tends to happen after so many and you wonder if at some point we might regret that as we see the rise of chinas military power. Its stuff. We need a very good secretary of state, one thats got a plan and we have one that has a plan. We have some other International News this morning. In libya, the Prime Minister there saying the tribal leaders will hold more stocks to seize, but he says the government will not negotiate with protesters blocking the importants. Brazils eike basista looking to reeling kwish ogx control. Equity gets something in brazil. This thing is going into debt renegotiations. Normally what would equity get . A big, fat zero. But in brazil, the equity holders get a vote. How much is he worth now . Its hard to know. What do you think . Maybe a hundred million, maybe. Maybe. I mean, it was worth 34 billion last year. These guys reached this deal until Christmas Eve. Oh, and theyre going to put money in. The debt holders are going to put money into the company because they have one old field left that theyre hoping might produce some oil. They hooked it up like two months ago. Theyve hit zero on every other single well. That areas of the world is far more geologically complex than anybody anticipated. I remember when you go to the milking conference in los angeles, he would be you remember he would go on 60 minutes and he was it. Charlie rose, blah, blah, blah. But he has such a bra vado about him, if you will the. I remember having lunch with him years ago at the four seasons restaurant and he really fwaf you the whole show, lee or four years ago. At his peek. But how is his dmoonder he gave like two lines to the twaet street journal. But he supposedly loved posing with the president of brazil and all his infrastructure projects. And lets check on the markets now. A great week so far and a great last week. That is unbelievable. Up another 75. No one is embracing it. We were sneaking this in at the end of the year. I wonder if we hit 30 on these volume indices. Is there any volume on this stuff . It doesnt matter. And there is always something to point to. Anyway, 75, lets look at the oil markets, 99. Were right around 100 for a while. The tenyear, i think this has really helped. Its more than it had been, but still it was 2. 87 . Eight basis points is all weve increased. Do you think theres anything magical about the 3 level, if we hit it . It depends on how you feel. It dpndz on whether you think qe was holing it down or whether the economy itself was so weak globally that that was the reason why it was low . It wasnt that different than where it would have been, anyway. And the dollar is confounding. Im looking for parity, but that might be a while. Im looking for a dollar. Thats about what its worth. Its closer to parity with the swiss franc. Which is important to you. But im not going to switzerland this summer. But hes going to davos in about three weeks. Thats right. How can i forget . I wont ill write off a dollar tip if i have time. I dont care what it costs in switzerland right now, unless im going to bring some chocolate home on my own dime. Hey, let the good times roll. No, i wouldnt do that. Kidding. Im very frugal with the company money, very. Lets look at gold, the markets today, up 2. 80. Above and below that 1,200 mark. A lot of people calling for a bottom now. The same people that said its going to 2,000 are now saying a thousand is possible. I dont know. Is this the first time in 13 years that gold has put some negative here . It really has and it was an ugly one. There was you know, it was a slam dunk, people thought to go above 2,000. It has been happening. Take a wrong turn at albuquerq e albuquerque. Hannah bar bare ra. I think of albuquerque, then it goes walter white. Theres a marathon coming up. I might have to participate in that. How do you see the fifth season . Netflix . No, youll have to pay per episode on i tune pes. You cant even buy the whole thing . You can buy the whole thing. I can spot you that for your christmas present. Oh, you already have it . No, i dont already have it. Actually, i probably do have it but i dont think i can send it to you. Why dont you buy it for me, then . I think i will. Other than parting all my tv wisdom im going to get my credit card out right here and i will do that. You still feel guilty about that money i gave you for reading that book, i paid him 1 to read a book and he learned nothing. You reads it . Yes. Have you read capitalism and freedom by Milton Freedman . That i skipped. Just tin trough, its brilliant. How many times pages . The intro is about ten pages. Pay him a dollar a page. Done. We have some Corporate News this morning. Were watching shares of blackberry today. The companys cofounder michael lazaridies, hes now trimmed his stake in the smartphonemaker to just below 5 . He sold 3. 5 million shares in recent days and is, you know, hes a little late on that, lets just say. Softbank reportedly in talks to acquire tmobile u. S. The Japanese Company said to be discussing funding with financial institutions, lots of reports over the weekend on this here in the United States, also in japan. Analysts are saying u. S. Regulators are seeing competition on the concern. He wants tmobile. He already owns sprint. Would talked for a long time about whether at t shoovsh allowed to buy tmobile. Right. I thought it what as bad idea. I know. This is the perfect on outcome. This would be good for everybody, good for consumers. Put some capital into this thing. And the network would be better. That was the point back then. If there was nobody else, it could be a spectrum of whether it would be you. Right. Were celebrating 930. I guess it is if you send a lot of data or whatever. You send a lot of data on your phone. It is not a cheap way to live. Really . You could spend easily 1,200 a year on your phone. Its a lot of money. But think of everything that has been replaced by yoen phone. And that does not get factored into cpi. Thats true. Youre right. Again, thats a big i dont see too often and i dont really know about. I should send more. Im very proou frfrugal with that list was like this. That was about a sixmonth list. I have done my expenses for six months. Oh, god. I have, too. I have like a parking thing when i go in. When i do go in, it is to meet with a guest host or something. Yours ive never seen that list was like i mean, you what do you total on a year for an expense account . Im going to think about that and well talk about that during a break. Do you have a New York Times expense account . If i write a column related to somebody, i would expect that, sure. So that was only half of your expenses. You pay for anything at all . Of course not, no. If i read a book, i get paid to read the book, clearly. Hes got it wired, doesnt he . And yet right. Politics dont seem aligned. Dont push my politics. They dont connect too many dots on that side of the aisle about hypocrisy. Coming up, why popular knee surgery may be unnecessary for many patients. Details of an interesting new study next. First, the National Weather forecast from the weather channels alex wallace. Tracking snow. Were seeing that moving through the great lakes, and that will move through the northeast, as well. But not looking for huge totals. This is what we think through tomorrow morning. Generally, there will be 1 to 3 inches, but maybe pockets of 3 to 5 in pockets of maine as well as new york state getting closer to the great lakes. What will happen is we head through the weekend. That cold has been that has been blacked in, a warmer air mass. But that will set the stage ford next storm system. And tracks the moisture up into the east coast with rainmaker weekend on tap. Welcome back to squawk box. Its now time for the executive edge. A new stid study in the new england journal of medicine reporting a popular surgical procedure worked no better that can than fake operations in helping people with one common type of knee problem. Thousands of people may be undergoing unnecessary surgery. The surgery dealt with people dealing with a torn meniscus. Arthroscopic surgery is performed at an estimated cost of 4 billion. They fake the operation on half the people. So they did these fake incisions, but didnt repair the menisc meniscus. A year later, they said they felt like just like the people who did have their meniscus operated on. I want to understand how the test worked. If they didnt do it to you, wouldnt you be so upset or not . To find out you had been lied to . Yeah. Its pretty upsetting. There must be something im sure the people that paid for no, they probably knew they were in a test. Tell tell you youre going to get the drug of placebo, we cant tell you which. So maybe they were informed that sorkin, you thought we were going to start with the nsa. Did you see snowed. . I did. He looks 20. Thats the one thing i was stuck by. Is secondly, i thought he was dramatic. I thought he was reading a teleprompter. He said just know that any child born today, that any thought that he ever has will not be there will never be another moment of privacy in this persons life. And then i read today, theyve got so much data, they cant even interpret it. I dont get the feeling that the nsa knows anyt