It's Jim Kramer here.

You're listening to the opening bell of CBC's Squawk on the Street. Don't miss a minute of the action. Good Monday morning. Welcome to Squawk on the Street. I'm David Faber. That is Jim Kramer. We are at Post 9 at the New York Stock Exchange. Carl's traveling back from Paris. He's going to be back tomorrow, all three of us, barring unforeseen circumstances. Of course. Fantastic. injury, you never know, you never know, but stop us.

I'm kidding.

Like, yeah. He's going to be back tomorrow, all three of us, barring unforeseen circumstances, of course.

Fantastic.

Injury, you never know, but stop us. I'm kidding. Like, you know, like in a game, you know, yeah, you hurt your knee. Like, look at future. You come out of the tunnel and you like immediately, like, go to the sideline. I know, I know. That's what I'm saying. Anyway, we're all back tomorrow, but you got the two of us today.

And you've got what looks like at least to be a bit of a higher open in the market.

Let's get I'm saying. Anyway, we're all back tomorrow, but you got the two of us today. And you've got what looks like at least to be a bit of a higher open in the market. Let's get to our roadmap as well this morning. Shall we do that, Mr. Gramer? All right, it starts with the S&P and the NASDAQ. Coming off, what was the fourth straight week of losses, investors are bracing for retail earnings. We're getting, of course, Home Depot on Tuesday, Walmart on Thursday,

and we get some inflation data as well. Bank America's Brian Moynihan had a strong message

for the Fed urging the central bank to cut sooner rather than later, that is, cut interest rates.

And we're going to keep an eye on Starbucks. Settlement with Elliott, perhaps getting closer.

Other potential activists may be in the break.

A little bit, but we'll talk about it.

I want to show what I've got here, what you're thinking as well.

But let's start off, as you might expect, of course, with these markets this morning, after a volatile week for stocks.

Last week, we all know.

This time last week, we were looking sharply down on those futures.

We were all becoming more familiar with the Yen-carry trade

and what the impact of that was.

We started to hear a lot of discussion of recession,

and here we are a week later.

After what was a volatile week, though,

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