It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.

Don't miss a minute of the action.

Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kington, with Jim Kramer, David Faber, the New York Stock Exchange.

Futures have flipped between red and green this morning amid some reports of a hiccup in Brexit talks.

Obviously more bank earnings and the worst retail sales print in seven months.

More data is on the way today.

Europe's got some mild gains. The 10-year yield did hit 175 before that retail sales miss.

Our roadmap begins with China trade concerns. Retail's biggest sales decline in seven months and corporate earnings in focus.

B of A's rallying on a beat and futures point to a muted open.

Plus capitalism under fire a bit. Democratic-Presidential hopeful square off and they're taking him at big business and personal wealth.

And billionaire Mark Benioff will join his post nine this morning. We'll talk tech

regulation, capitalism, IPOs, and who he is eyeing in the 2020 race. Stocks are on track for a

modest open, a day after the Dow closed above 27K for the first time in almost a month. S&P finished

just shy of 3,000. Meantime B B of A beats the street with its quarterly results.

And on the economic front, as we said, retail sales were down 3 tenths in September, Jim.

Revisions were better.

Gas stations down 7 tenths.

People say maybe this has to do with gas prices.

Perhaps it does.

When I take a look at what's going on, if you read between the lines for Bank of America, which is just a gigantic bank, a gigantic consumer bank. They're talking about 5.7% growth in consumer spending year to date. I wonder whether these retail numbers are accurate. I tended to want it to believe in them, but I find it hard to believe that you could have Bank of America showing this level of growth.

Bank of America is, I think, representative of our country versus the retail sales.

Maybe the retail sales do not capture what they used to in the numbers, because that's a tremendous disparity.

...