Hey, it's Kramer and this is my morning take on the market from today's CNBC Investing Club morning meeting.

There's so much to talk about. I hesitate to just spend a second at least on the fact that the backdrop today is very good because the PPI shows you once again that we're back at a level that is totally sustainable in terms of if you didn't want inflation.

And the oscillator is to minus 2.2. So it's kind of perfect.

Yeah, we'll see CPI tomorrow.

Of course, we need the inflation data to be held in check so that the Fed is able to lower rates,

as they're also mindful of the jobs market as well.

So you're seeing yields fall, 10-year yield back under 3-9.

Maybe that's supporting some of the housing-related stocks.

Home Depot will talk about too.

But I think we have to get to the story of the day, that being Starbucks.

CEO change, Lachman- Van out. Brian Nichol is

a demonstration. Can I just say, this is a demonstration of our decision to say it's not the franchise,

it's the leader. Right. And I came about that. Obviously, I may, I had an interview that was very,

very difficult on CNBC that had a lot to do with a quarter that was the worst versus expectations

I have ever seen. And believe me, I'm not the only one who saw it. I think the board saw it.

And the board recognized, and it may be through Howard, maybe not. Howard still, Howard still has a number of friends.

Howard's very unhappy with it. But what I want to say is everyone

must. You don't ask the guy and just say, hey, goodbye if you just hired, just made him

CEOs recently. But someone called Brian Nicol, who is the best, and Brian from, Brian

Nicol from Chipotle. And Brian Nicol said, I'll take it.

And Brian Nicol loves Shapiro.

This is such a big deal.

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