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CNBC Squawk Box January 31, 2014

Again, those dow futures down by 137 points below fair value. The month is wrapping up today and so far, the stock market is down about 3 this week. We know that old adage, as january goes, so goes the year. That statistic has been right 62 of the year. Well see if that holds true for this time or if this happens to be youre looking at a correction at the beginning of the year. We saw so many gains as we ended last year. Take a look at the treasuries. The tenyear note is at this point yielding 2. 674 . So below 2. 7 . So well have to watch this closely. In europe today, stocks are lower in the early trading. Among some of the reasons listed, eurozone inflation data missed expectations. You can see the biggest decliner there is the dax in germany, down by about 1. 3 . As for asia overnight, it was a quiet session. Trading volumes were very thin because of the Chinese New Year holiday. That had shanghai, hong kong, south korean ma ....

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