Market Moving Insight and Analysis.

Join Jim Kramer, David Faber and me, Carl Kintanilla, on the opening bell hour of CNBC Squawk on the Street. Good Monday morning, welcome to Squawk on the Street. I'm Carl Kinteneo with Jim Kramer at Post Night of the New York Stock Exchange. Faber has the morning off. Futures are steady after the best week of the year for Dow S&P NASDAQ. A big and consequential week ahead. Jackson Hole, the DNC, retail earnings, some benchmark provisions to payrolls.

A roadmap begins with the market seven-day win streak, though, looking to build on the best week of the year.

Fed's in focus ahead of Jackson Hole later in the week.

And of course, AMD today escalating its battle with NVIDIA by acquiring Server Maker ZT Systems

for nearly $5 billion in cash and stock.

Let's begin with the rally though as we do kick off a new trading week, Jim.

It wasn't just about equities, cross-rally ETFs last week, the JNK, the LQ, the LQD, the T-TLT.

We're more linked than we realized.

Obviously, we went down on Japan, and we went up on Japan.

Now, this is somewhat reminiscent, by the way, of 1987, where we would, if, like, Japan was up,

they'd come over and they flood us.

Sometimes they didn't care whether they used to buy these stocks.

They used to buy waste management and Browning Ferris. Don't ask me. I mean, in the old days, things were, when I said, my hedge fund, what you would say is, well, why is Browning Ferris up? And they would say, large buyer, large buyer, large buyer, large buyer. And eventually you go out for beer and it's like, it's Tokyo.

They had such, they liked the rails.

Yeah.

There was such craziness, but. Large buyer, large buyer. And eventually you go out for a beer, and it's Tokyo. They had such, they liked the rails.

Yeah.

There was such craziness, but we seem much more linked.

And it's interesting because the dollar keeps going down.

So it's good that we're linked for a company like a,

well, any of the package of which companies that sell overseas.

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