Sarah eisen and andrew ross sorken joining us. Great to have you. Were going to have raul sud, the founder and ceo of unicorn and mike isaac of the New York Times as well in just a moment. Lets check on the markets. The s p 500 is coming off that record close yesterday and now back in record territory that weve gone positive on the s p 500. Doesnt take much these days its up about. 2 . Being led by the financials, utilities, and Consumer Discretionary thi discretion a direction airy negative samestore sales. Better than expected you got almost a 20 gain for stocks like kors the dollar is on the move at this hour. I got a jolt from the jolts report we find out that there is a record amount of job openings in this country 6. 2 million job openings and you see the dollar go from negative to positive thats popping much its up. 4 , john Something Different that we havent really seen a lot. The dollar is down about 10 so far this year. So does this change the whole vibe around the u. S. Economy being stuck in slow growth and lack of inflactition and add toh fuel that fed may be gearing up to raise rates well see. Its a move but worth monitoring indeed. Google firing the employee who wrote that controversial memo about gender representation in tech google ceo returning from vacation early writing an email to his own, to suggest a group of our colleagues have traits that make them less biologically united to that bork is offensive and not okay at the same time, there are coworkers who are questioning whether they can safely express views in their workplace they, too, feel under threat and that is also not okay. Mike, start with you i mean you cover google. First, i want to express my unpopular opinion here i was offended by the bell curve, that book that came out in the 90s. People were asserting that black people not as smart as everyone else in aggregate. This reminds me of that but i also learned in college to be civil towards people whose opinions i disagreed with and defeat bad argue ams with better arguments. Why is this okay assuminging that there is not other stuff this employee did that was fireable for going toll do this . Is this a dangerous precedent . Yeah. I mean, you know, i totally take your point i think its kind of dangerous in so far as its actually being picked up by groups out side of google who are basically saying, you know, look, this stifles our right to express ourselves google has long encouraged us to have these types of discussions inside the company and thats just what this guy was trying to do i think i mean, to sort of, you know, be fair though, there were a lot of points that are hard to kind vf a real discussion around. If youre just sort of saying like biologically women start from this, you know, particularly disadvantaged point if youre talking about engineering or this sort of tech profession that its hard to come back against that and google found this sort of legal ease way out of dealing with it in an hr way that seems to give them some cover. I dont think its going to go away i think its going to snowball mostly outside of the organization look, theres a practical reality here which is as whatever you think he said, whether he should be allowed to say it or not, it makes it impractical to work at a company like this now because its going to be very hard for him to work in groups with other people. So theres just the really. There is a lot of people you think google made a mistake by firing him . No. Im saying given the practical realities of having this person employed and how difficult it would be to work with him in the future, that to me ends the discussion however, theres a larger discussion to be had and i profoundly disagree with the memo but there say larger discussion to be had about why he has the biases and perception thats he z why, by the way, a lot of people in this country have some of the perceptions and what thats about and why they had the feelings and what were going to do about it f we dont aggress that head on, unfortunately youre never going to solve any of this raul, you worked in big tech at microsoft and you founded a couple of companies yourself and have to deal with these sorts of employee issues. Whats your take ive always been a big advocate for Corporate Culture and culture really starts with your team. It starts from the top down. And it reflects with your community, your customers, your brand. You know, culture severiis ever. In this case, google felt that they made the rights decision. And i think they made the right decision by removing this person from the company because this memo was, you know, was becoming a hot topic inside the company as well. And, you know, some of the things said in the memo, i think, were a little off putting. You know, i mean i have a daughter i put my kids in stem school and she believes that, you know, she can be anything she wants to be i just dini didnt like the memo i agree with you, especially the use of neurotic which drives me crazy but i do think that it is problematic to have a company just fire for this reason. Does it send a signal that you cant have a political or social view that is different than the companys . Does it squash that sort of internal debate . Is there free speech question . Maybe im taking it too far. How do you draw that line about when its okay to voice a opinion or not inside a company . As long as sorry that was to you. That was in response to you saying the company did the right thing. Yeah. Look, i think that as long as the opinion that youre making doesnt affect or doesnt violate the company rules, you know, in terms of respecting one another, working within a team environment, you know, that sort of thing, i think its okay. But i dont think thats the kas here i think this is a lot deeper than coming up with an opinion and saying im a right leaning person or left leaning person or whatever this is a issue and this is an issue thats been happening in Silicon Valley recently. Its been exposed recently and its, you know, its an issue that probably needed to be stopped now before it affects, you know, other parts of the company. I want to quote this one piece from that original memo. The former employee said, many of these differences are small and theyre significant overlap between men and women. So you cant say anything about an individual given these population level distributions. So though a lot of people are qua quoting saying women cant code, i think some would argue thats not exactly what he said again, i dont agree with the overall premise of this memo what im pushing back on this idea if he wrote a memo that said, dear sarah, that all women are better than men, we wouldnt be having this conversation today. Amen. We would say i get your point and thats more complicated i profoundly disagree with what he wrote there is something going on here. Heres the problem with that. 20 of the tech jobs at google are filled by women. Its comparable numbers with apple and facebook 25 of manage ment positions of that company are filled by women. So if he said the opposite, it would have different implications Silicon Valley already has sexism and gender problems as revealed by uber scandal mike, you cover more, of course, than just Google Alphabet out there is this conversation getting broader . Certainly there are issues around reaction to President Trumps win, the idea that not everybody shares californias mainstream point of view about social issues. Do you think is going to spark more conversation in hr departments about getting ahead of when this inevitably happens at another company how they should respond and what steps they should take so they dont appear to be caught flatfooted the way alphabet was . Totally right its funny after a lot of this broke yesterday and over the weekend, i had a bunch of facebook employees reach out to me and say, look, you know this is stuff that weve been talking about or having real intense arguments about since before the election there were incidents inside of facebook that had folks writing, you know, black lives matter on the wall of facebook where you can sort of do corporate sanction graffiti. And then folks would actually cross it out and write all lives matteren that became like a real sort of Sticking Point of contention so these issues and views are not like uncommon out here i think if you want to gain a sort of, you know, if you want to take a sense of utility away from this and say what can we learn from this, i think its going to sort of empower other folks at these other companies to say well why are we sort of firing this guy . Why can we not sort of express this and its just going to get bigger and blow up even more and start spreading. Facebook is the first place id look rooight now. Moving to ousted founders, the uber founder trying to shut down suggestions travis kalanickel return to the company as ceo kemp telling employees, the search for a ceo is the top board priority and despite rumors im sure youve seien in the news, travis is not returning as ceo were committed to hiring a world class ceo to lead uber mike, you cover this company does this mean travis is never returning as ceo does it just mean hes not returning as the next ceo . Thats a lot of good sort of legal ease so there are a few things going on here. One, i am ive been told that none of the Board Members actually knew that garret was going to write this memo and sort of float it so it is kind of a surprise. But, you know, just to sort of know whats going on in the background here, travis is absolutely trying to work his way back into a very senior if not operating rolle inside of th company. He had a hand in the discussions around meg whitman were going. A lot of the leaks around there which ultimately ended up in meg not taking the job or sort of taking herself out of the candidacy. I think hes not i mean this is his baby. Hes not going to let it go and hes going to continue to try to fight to get back in there but i think some members of the board are trying to squash at least the idea that he would be the next ceo and that theyve given up on looking for a qualified candidate. Hes also trying to lobby a bunch of employees to give him support right now internally and hes still talking to, like, tons of folks inside mike, is he helping or hurting the process . Meaning, are there ceo candidates out there that have been brought into the room they see whats going on they see what travis may or may not want to do and saying, you know what dont want to be a part of this . Yeah. Absolutely so a few weeks ago he was actively interviewing. He is still a board member and still has input into whos going to be the next ceo and so when they were first doing some of the intro interductry meetings, he would talk to the candidates as if it was an inestability that he would be coming back some n. Some sort of senior role and that put people off. Like any candidate, any ceo that wants to come noointo the compay and say this is the next version of uber needs to know they will have that authority. And travis sort of assuming that hes going to come back or even hopinging that the next candidate will be okay with that just sort of hampers them from the start. En that have the constraint. The three that are left, are they okay . Are the lee that are left on the short list that were told about, the three men, are they cool with working side by side with travis . I dont think that i dont think that theyve necessarily signed the latest i heard, i dont think they signed on for okay traffic sis going to be my coceo but because i think the rest of the board is tamping down the ideas that travis is going to come back and work right next to them all right raul sud and mike isaac, thank you for joining us today. Thanks. Still to come on squawk alley, the market rally and the president s role in it we debate andrews column. Plus, a cnbc exclusive coming your way with Jp Morgan Chase ceo jamie dimon. A busy hour with s p 500 back at record hhsn quk leig osawaly. For years, centurylink has been promising fast internet to Small Businesses. But for many businesses, its out of reach. Why promise something you cant deliver . Comcast business is different. We deliver superfast internet with speeds of 250 megabits per second across our entire network, to more companies, in more locations, than centurylink. We do business where you do business. What did you find . Oh, i think the answer is now not so much as it happens. Before, yes. Now first of all, he is 100 right. Youll get the credit on the upside and the down side and well all measure and judge this in four years or eight years from now so as to where we are today, i would contend given the fact there has been next to no legislation of any sort,its very hard to look at where we are today and say that whats what trump has done has somehow changed the market forces. It did early on. But its the earnings now. You cant look and say well look he has this deregulatory stance and thats what it is and we have go listen to a Conference Call of apple when is the last time that tim cook mentioned regulations on a Conference Call . Part of the feel of this post election environment is that the details, the facts as we think, maybe dont matter as much as our gut. How we feel. Maybe there is Something Else thats really going on beyond the signals. I wonder sometimes when there are these what would have been geopolitical shocks that market no longer seem to recognize if theres part of that ethos that is seeping into the market so the positive earnings, yes. They cause a lift. The things that would normally cause a down draft dont seem to and why would that be Central Banks maybe its a trump effect of a different sort. Ill agree with you the dollar lost all of the post election gains that was a trump trade too it totally got wiped out even President Trump himself that is all confidence in me guess what its down 10 this year. Lets debate this further. For more on the markets with the dow and s p 500 at record highs, lets bring in david rosenberg, author of breakfast with dave and Vice President and head of invest ment group. David, what do you think how much credit does President Trump get for a 23 rise since the election for the nasdaq . Well, i dont think that he gets much credit at all as far as im concerned when you look at the sectors that you would pen in as being buys, if you would have won the election which he did, theyve actually underperformed the market you cant really isolate u. S. Politics from what is going on in the rest of the world you have a situation where, for example, chinese Economic Growth is stabilized. Theres no more capital fight. Theyre rebuilding their Foreign Exchange reserves. That he merged that is a source of stability. Youve got strength necessity merging markets. And we went into the year with the concerns being that brechl brexit was going to morph and we had a macron victory in france and Angela Merkels ratings have been rarely as high as they are today at the end of the summer you cant look at one thing and say this is what explains what is happening in the stock market it is a global stock market. A lot of other things have happened lets talk about one other thing, for example, the fact that the fed is no longer viewed in the marketplace as being very aggressive price less than 50 50 despite what the feds been saying for another rate hike this year. So all of a sudden liquidity has become more abunld andant of whs happened its hard to connect the dots to the presidency i put that on the back burner. That sort of jifz with what you said i think were in violent agreement. Thats scary. Charles, you are in violent agreement . If you look at the sectors, it is technology that was the big winner once President Trump got on the campaign trail it went up. This is a discounting mechanism that looks to the future it brings back future earnings to the present and right now the stock market is still expecting cuts in Corporate Taxes, a friendlier workenvironment for u. S. Companies, all of those things are being discounted which is a big part of why the market is going up lets say tomorrow the Trump Administration said we stopped our plans on tax reform. Were not going to have a change in the Corporate Tax rate. What would happen to the stock market it gets killed so the market is absolutely up because of expectations that republicans in general, dont put it on trump, republicans are going to be successful in creating a more business friendly environment look at for Profit Education stock which is up about 80 . Not because Trump Administration has done anything spectacular for them just because they stopped penalizing so, charles, if youre right, then eventually the clock should run out on us actually seeing movement on some of the key policies, some of the legislation the market is expecting. When do you think that happens well, the stocks are worth the present value of the cash flows into perpetuity. So even if i lose six months or nine months, so long as people still have the same confidence that its coming, i doesnt make that much difference thats why the delay in the tax reform is not that big a deal. What is a big deal is if people start losing confidence in i inevitab inevitableness. I think it is Something Like 28 marginal tax rate. The thoughts of 15, 16, 17 arent going to happen, obviously. But there is Something Like 27, 28 f we get 25 , andrew, i think the stock market would be up significantly on that news what about the economy, david . What would it mean for kofrpt earnings and economic forecasts which i know youre not impressed by the recent data no. Theres no evidence at all of any economic acceleration. But i want to go back to the view that tax cuts are being priced in. Theres no evidence of that. I mean, its rhetoric. But when you take a look at the companies with the highest tax rates and the past three months of actually underperformed the market and when you talk about discounting future cash flows, you have to do that with a particular Interest Rate the big move this year outside the u