Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street.

Good Monday morning. Welcome to Squawk on the Street. I'm Carl Cantonia with Jim Kramer, David

Faber, and post-9 of the New York Stock Exchange. Pretty steady pre-market as we set the table for

a hectic week. Fed decision, earnings from Nike and FedEx, retail sales, and PCE. Dow is down seven straight.

That's the longest losing streak in about four years.

Our roadmap begins with expectations for the Fed.

Investors awaiting the latest rate cut outlook as we kick off this last full trading week of the year.

Plus the president-elect continuing to court big business.

Apple CEO dining at Mar-a-Lago Friday. Jeff Bezos

set for a meeting this weekend. SoftBank CEO expected to announce a major investment in the U.S.

And we're keeping an eye on shares of Honeywell. They're higher this morning. This after activist

pressure, the company is now considering a sale of its aerospace, or I should say a split, a split

of its aerospace business. Yeah, Jim and I will talk about it. We've been talking about. We'll

continue to. Let's begin, though, with the markets ahead of this week's Fed rate decision. Jim,

we'll see what we get on Wednesday. Goldman does remove their expectation for a January cut.

Yeah, the Goldman notes are pretty bullish. I think that there's a sense that although you're

not supposed to look through about what's supposed to happen, they're supposed to look at the data

they currently have, which is that other than housing and auto is pretty strong. But the look through

is kind of like what David

Koston said at Goldman, which is that the animal spirits are really taking over. And the small

business index is incredibly bullish. But what I'm finding, there are so many people who are

coming out of the woodwork to say how bad the Biden administration was to business,

...