SOTS 2nd Hour: Venezuela latest - Market, Geopolitics, Crypto & National Security Implications 1/5/26
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 5 January 2026
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | Good Monday morning. |
| 0:07.9 | Welcome to Squawk on the Street. |
| 0:09.1 | I'm Sarah Eisen with Carl Cantania and David Faber. |
| 0:12.0 | All back together, live at Post 9 at the New York Stock Exchange. |
| 0:14.8 | We're all over the breaking news of the day. |
| 0:16.3 | Austed Venezuelan leader Nicholas Maduro due to appear in a New York court just two hours from now |
| 0:22.0 | with wide-ranging implications for global markets, the energy complex, the geopolitical order. |
| 0:27.5 | We've got a great lineup to help break it all down for you, including Rockefeller's Roosier-Sharmah |
| 0:32.2 | with a look at the market impact. |
| 0:33.9 | Sigmund Global Advisors founder Charles Myers, who is planning a trip to Venezuela with business leaders to explore investment prospects and former Trump National Security Advisor, H.R. McMaster, all with us to discuss what happens next in Venezuela and beyond. |
| 0:49.0 | First, though, some new economic data. First of the week. Let's get to Rick Santelli. Morning, Rick. |
| 0:53.8 | Good morning, Carl. Yes, these are ISF manufacturing, and it's for December. |
| 0:58.9 | Expecting the number under 50, around 48 and a half comes in light, 47.9. |
| 1:05.2 | So this would be what the 10th consecutive read under 50, only the first two months of the year were above 50, |
| 1:11.9 | and it's the lowest read since October of 24, October of 24. |
| 1:16.5 | And if we look at prices paid, unfortunately, it remains sticky. |
| 1:20.6 | 58.5 equals last month, 58.5, and that was the highest since the previous month, September of 25. |
| 1:28.3 | New orders, 47.7, that's very close to expectations, but obviously in contraction territory, under 50. |
| 1:37.3 | 47.7 would be the weakest going back to, well, just last month was 47.4. So you can see it's actually the strongest |
| 1:46.4 | since October, but we have not been above 50 since August of this year. Last year, a new year |
| 1:54.1 | this year, right? ISM employment finally considering that we have ADP and the big jobs report this |
| 2:00.3 | week comes in at 44.9, well under 50, |
... |
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