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 Kintania with Jim Kramer, post nine of the New York Stock Exchange. David Faber back tomorrow. Pre-market a little soggy here even with yields mostly lower big week obviously with the jobs number under our belt

We'll get inflation data and first batch of bank earnings on Friday a robot here, even with yields mostly lower, big week, obviously, with the jobs number under our belt,

we'll get inflation data and first batch of bank earnings on Friday. Our roadmap's going to begin with the macro backdrop. Stocks and investors set to digest the jobs number. CPI retail sales,

as we said, bank earnings on tap. Exxon, eyeing this potential mega deal reportedly in talks

to buy shale driller Pioneer, and Tesla,

cutting prices again the fifth time since January.

Let's begin, though, with the markets kicking off a new week, Jim, a little bit of rearview mirror,

but I do want to get your take on what you thought of the print on Friday.

Well, I thought the print was sang would you kind of looked like on the surface that things

are cooling a little bit and everything wages down a little bit.

I mean, I'm sorry, the advance of wages don't have that same, the rate of rate of stains

as we would say, like the Calcutal stuff is not bad, But there was a Bloomberg story that really caused me to shudder.

It came out later, which is commercial lending fell by nearly $105 billion in the last two weeks of March.

Huge chunk from small banks.

So then I'm thinking, well, wait a second.

What was the cadence of that labor report?

Maybe it went down like this. And travel leisure, of course, is a second. What was the cadence of that labor report? Maybe it went down like this.

And travel leisure, of course, is still below where it was in 2019.

That's kind of where people are going out still because they're not buying things.

But I'm beginning to wonder whether there wasn't something at a regional bank or the smaller banks, which just said, we got to be careful how much

we lend. Because let's say people take the money out or put it in T bills or they take it to

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