Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street. Good Tuesday morning. Welcome to Squawk on the Street. I'm Carl Kington-Aaway Jim Kramer and Post 9 of the New York Stock Exchange. David Faber is the morning off. Bulls do look to snap a two-day losing streak and maybe take a game at some all-time closing highs. Healthy mix of eco-data and corporate news today, including Amazon, Disney, Tesla, UPS, and others.

Our roadmap begins, though, Tesla, UPS, and others.

Our roadmap begins, though, with Black Rock's Larry Fink, his annual letter to shareholders,

emphasizing the need to focus on the country's retirement crisis.

This major bridge collapse in Baltimore, rescue efforts underway after the Francis Scott Key Bridge

was hit by a cargo ship.

We'll take you live to the scene.

And former President Trump's net worth rocketing higher now reportedly among the world's

500 richest as Trump media begins trading this hour.

Let's begin though with the message from Black Rocks Larry Fink in his annual letter to investors,

the head of the world's largest asset manager, warning of a global retirement crisis,

saying he's worried about the strain of an aging population on systems, including Social Security.

Jim, you spoke to him. We'll hear more tonight, but it's remarkably personal letter this year.

Oh, my. It starts with his father and mother and talks about the old days when basically the money was put away for you.

And you could really make a lot of money if you kept compounding.

Then think about younger people now.

They think that there's very little hope.

That was one of the themes that was so sad about this.

We focused a transplant of energy on helping people live longer lives, Larry says.

Not even a fraction of that effort is spent helping people afford these extra years.

So what's happened is we have this group of people who are lucky enough, our parents,

to have money put away from them. And now we have this new group of people, millennials, Gen Z, who don't know how to save,

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