Covering the games will be covering that. Well go to kayla with some of the top stories. Dangerous element six weeks before the winter games are set to begin. Elsewhere in corporate america, apple is just saying no. The company urging shareholders to vote against carl icahns 50 billion stock buy back proposal. No word yet from the billionaire investor. Apple releasing details of tim can cooks pay. He took home 4. 25 million which is on par with what he made a year ago. He gave up 7100 shares tied to an annual performance award. That was based on august 2012 to 2013. The stock in that time lost a quarter of its value. Those options set to vest worth just about 4 million. So a drop in the bucket for tim cook but, nonetheless, there are some repercussions for the apple stock price. To anyone else thats money but chump change. He m us must have had a big payoff. 2004. Two waves, five years and ten years. He actually asked the board himself, can these vest on an annual basis equally and that way every year you can actually reevaluate whether i deserve these, which i thought was a pretty proactive way to go about this. Obviously the board has decided that for that most recent years some of those should not vest. When you get to that point and you wonder, you know, you already have three or 400 million in the bank from the company that you didnt even found, then you wonder i guess at that point its about almost pay for performance. Youre going to give your mona way eventually anyway. At that point youre adding to what you already have. What is it about . I think its about being paid for doing a job. Heres the question though. If you remember steve jobs who did found the company when he came back, i think he took a dollar a year. He had some stock. That was it. Most of his wealth was in pixar which was sold to disney. Anything he did was goldplated and oh, well, its steve jobs. He had how much finally . What do you think he was worth . When it was all said and done . Yeah. I at this it was about 7 to 10 billion. A lot of that was from pixar shares as well. Most of it was from pixar. Had he held on to his shares of apple from the beginning because he sold when he got booted, the number would have been he had a right to sell based on what the stock did in the 90ed. If he held on, it was astronomical. Done skully, down to where it looked like it was going to go the way of so Many Technology companies that didnt keep up the pace with the technology and then here we are. Then theres a deal that almost happened and bought apple and got cold feet. We cant take this risk. Its too big of a risk. That was not when steve was there, was it . No. Did you see this new thing, its got more than a million the advertising is working on me. Got more than 1 million pixels, got a better screen, it costs less. The kindle youre talking about . It weighs less. I dont know. I keep seeing it advertised. The advertising is working in that you want to buy one, you did buy one . No, is it really better than the latest ipad air . Go forth air. Go for the air. I was at the apple store yesterday. Go for the air. Clear picture. Costs 379 359 versus 4 . 59. Its 20 lighter. I cant believe that. Thats what theyre saying . Youre not watching tv . Not enough, clearly. Im watching movies. Oh, we have to have a conversation. You like zblsh we dont have to do it now. Im the unfortunate move of seeing the wolf of wall street with my family. That was my fault for not bringing them to the movies. Do you like seeing excess. Did you see the guy is shopping a reality show. Okay. So let me just say i want to make two comments. One is jordan belfort, terrible guy. Hes the main character in the movie. What hes done in real life we can all sit here and condemn it. Nothing to do with wall street. Aluminum skies with aluminum siding. Just another scammer. Just another scammer i agree. The context in this case is that hes running a mutt ton shop. Absolutely. We should note that jane wells did a profile on him in 2007, invited him to come back and didnt want to come back because of the way that we discussed him because we called him a crook. Then again everything in that story is true. When he came in and the movie, you know, this was like a year and a half ago or so and it was wolf of i didnt know stratton oakman was the most obvious bucket shop operation. Im trying to separate two things. You want to watch first jersey securities watch a movie about robert brennan. How many mob movies do you watch . I think you know what youre getting. Parents dont go and say, im so proud of my son. Hold it. For the premiere. Can you do me a favor . No. Separate this guy from the movie. So you like those movies. It was an awesome, entertaining movie. Did you not like it . I thought it was entertaining but i think i watched most of it like this . Because . It was just so raunchy . Thats why andrew loved it. I dont believe his life was that interesting either. Pure entertainment. Take it as entertainment. Now i will say this on friday when we were on the show talking about this movie, someone emailed in and said hes giving the profits of the book and the movie to the victims. Not true apparently. Because i looked into this. There is a lawsuit ongoing where the government is trying to get 50 of the profits from him and hes not paying. Shame on him. Thats a question of enforcement though. And im not suggesting for a second he should get success with any of that unless, by the way, he can use the proceeds to pay the victims back. If he can, god bless him. Thats a question of enforcement. Hes supposed to pay 110 million in restitution. Hes only paid 12 so far. Right. Who is going after him to get that difference that obviously has not been paid and did not get paid . Did you see him i did not. I saw catching fire. Hunger games, catching fire. And . I havent seen wolf of wall street. I dont know which movie you have to suspend more disbelief. I would think wolf of wall street you have to suspend more disbelief than hunger games which is ludicrously out there. Some of us who think hunger games is a true story will be crushed. I would say its about the same, the suspension of belief of disbelief that you need to operate on. Lets talk about obamacare and a ceo. They already said theyre totally against this. The administration is reportedly under pressure to name a chief executive to run the federal Health Insurance marketplace. According to rigeuters, they wa him to appoint a ceo. Thats not we need editorial at the bottom. Especially after the rocky rollout of healthcare. Gov. The ceo would set rules and coordinate with insurers and state regulators. White house officials, however, say the idea is not being considered by the white house. Were going to keep this running as a government program. They dont want any type of private sector operation that would perhaps need to come in under budget and in line with estimates and things like that. Regardless of the way that you think about this politically, its been a disastrous cooperation with the private sector. The deadline got extended by a day last week. They didnt tell the Insurance Companies. The Insurance Brokers that were going to take off for the holidays all of a sudden had to race to get some of these accounts set up. You think about the fact that theyre letting some of those Insurance Programs that were not going to be grandfathered in, theyre letting them keep them. The Insurance Companies are saying, wait, that creates red tape. I saw the Mainstream Media covered the Medicare Advantage story one way. Uhhuh. You look at the way everything is set up. It was designed to put these Medicare Advantage programs out of business anyway. Then so the companys offering the Medicare Advantage do what they needed to do because reimbursement went down so much. They said, okay, we are to get rid of the doctors. Then they get blamed for it when all along democrats wanted the private its sort of a private sector its an outsourcing of Medicare Advantage. Right. Very popular. People want it. It will go away. Thats what they want it to do. Its going to fall by the way side. Part of the whole intention of obamacare. Veer off on a tangent. Do you have a view, we didnt talk about this on friday, unemployment insurance. Unemployment insurance. Where do you stand . The reason i ask is most of the economists who have estimated whats going to happen as a result will argue that 200 to 300,000 new jobs ultimately will be lost in the private sector. I was reading about the sort of the you have to connect a lot of dots to understand what people argue on both sides of that. Now im hearing that what is it, if you you can wait around for okay. If you get the insurance if youre in a state now im hearing if you get the insurance youre able to wait for a better job. Job, yes. So that you dont go into a crappy job where you end up leaving the work force anyway. So in some kind of perverse way the side that wants the unemployment is arguing that you actually its actually better. Then theres a whole site that will cite studies right. That more people, the longer youre away from the job force, the less likely youre ever going to get back into it, the less likely youll be hired. Almost like minimum wage studies. Whats your side . Whats your side of this . I dont think about unemployment insurance. Id rather give people a job than unemployment insurance. I dont see a lot of a lot of the things that the democrats at this point, you see what theyre the wedge issue is going to be to try to right. Do you see what its going to be to take back 2014 will be minimum wage. Obama care. Theyll work on populus income. All i know is for five years, one side, maybe both sides have been trying to be divisive. For five years i feel like one side is governing for 50 of the country. Its been the most divisive person. One side is governing for 50 of the country. I dont think obama is governing for the haves at all at this point. Yeah. Okay. And you heard it here first. As we mentioned at the top of the show, the second suicide bombing attack in two days is leaving dozens dead and injured in russia. Lets get to jim aceda in moscow for the latest. Good morning, jim. Reporter good morning, joe. Investigators in sorry. Ive got you in my ear. Ill keep going. Investigators in volgograd which is a major rail and bus hub for southern russia, its a city, by the way, which you can pass through to or on your way from sochi, its really a Major Railroad hub, investigators have issued a statement saying that this mornings bus bomb was carried out, in fact, by a male suicide bomber. Now no one, joe, has yet claimed responsibility for either todays or sundays attacks which have now killed at least 30 and wounded more than 60, but the strong suspicion, of course, is that this is the work of islamist insurgents from the very rest of north caucuss area. People in volgograd are terrified. Its a city of 1 million people. Residents are afraid to go outside and go about their daily lives. Police are calling it an act of terror. Theyre connecting the two attacks, yesterdays and todays, and theyre connecting both of those to the publica peel by the chechnyian warlord. Youll recall his appeal to his men to kill civilians and disrupt the upcoming winter games in sochi. Of course, president putin has staked his reputation on these games. The wave of bombings is getting closer and closer to sochi. Volgograd just 400 miles from that olympic venue. Joe, to sum up, russian people are afraid today. Putin and Russian Security forces are certainly worried as well. Back to you. Its more than coincidence that its only a little you know, its weeks away to the olympics, jim, and you would have to think that that was totally in the thinking of some of the people that were perpetrating this act. How far is sochi from where you are . Reporter youre right. Were about 550 miles from sochi but the actual volgogard, which is where all of this is happening, is only about 400 miles. On friday there was an attack in a town only 170 miles from sochi also committed by jihadists. So, yes, theres no coincidence. Were 38 days away from those olympic games. Putin has invested already a fortune, we know. From a Security Point of view, some 40,000 special forces, police, agents have created a fort knox, if you will, around sochi to make it safe but the militants are showing that it can strike. They can strike at will, they can strike anywhere in russia. People worry. Back to you. Okay. All right. Jim aceda, thank you for that report this morning. Were going to stay global and go to the Global Market report with Ross Westgate is standing by in london. That was a tough story, ross. We are in football just like on we are so juiced after this weekend and then its just the beginning of whats going to happen in terms of all of our bowl games over here. Are you watching that other football over there instead of the real football here . Let me see. Im not sure what he said. Are you . Did you hear that . Im trying to read lips unsuccessful unsuccessfully. I think he was saying what i hope he was saying was of course not, joe, we are now deferring to you on what the real football is and i think he brought up last nights game. Cramer is going to be sky high this morning. You know why . No. Anyway, u. S. Stocks any idea why . Any idea why cramer would be sky high today . Did the eagles play . I think the eagles must have won. Did you see it . There you go, im a packers fan. Wasnt that unbelievable. The way we eked out the win against the bears. He got away. There were 40 seconds. He got away and that guy was so wide open. Did you see that the cornerback stayed cutler had a couple of hail marys with a few seconds left on the clock. Could have turned it around. But the play that the cornerbacks were staying at the first down. They had no idea he was going. That was amazing. U. S. Stocks are wrapping up their best year from the 90s. Joining us, mark vittner, wells fargo. James lee, theres the braces looking good, mark. And tom, next year, youre one of the few people how long have you been bullish, three, four years . Yes, four years. Are you going to make it five . Are you still bullish . Yeah, were still bullish. I think a lot of things that were still supporting stocks this year are going to support equities next year. We dont see any reason why we wont have double digit gains. Double digit gains . Yes. What about equal gains . What would you put the probability of that at at this point . You know, weve looked at some classic bull markets, which this is really tracking closely in the sixth year. There are maybe 1 3 of the time you actually match the gains of the fifth year. So i think theres a one in three chance were up 30 . From your lips. Thats been my dream, the mid 90s once again, which would you know, if you went back and it would get us way above the mean again for the longterm average that stocks are supposed to give us, but its not impossible given that we havent seen sort of the euphoric part of this bull market yet. Thats exactly right. I mean, i think one thing the viewers have to keep in mind, equities may be one of your best real return vehicles in 2014 and, you know, its possible for markets to post big twoyear gains. Look at what happened with japan in the past 12 months. Yeah, over 50 points three Straight Years in the 90s. Vittner, is the economy going to cooperate in terms of is that all we need is to just get the government sort of out of sight, out of mind and get a twoyear budget deal and the economy can do what it wants to do and throw off the shackles of what weve seen in the past couple of years . Well, that would help. I dont know that the government would get out of the way if we just get the budget deal as we still have the debt ceiling lets assume that they dont do that the debt ceiling goes through. Is that enough without any just not being negative versus doing something positive with tax reform or something . I think that helps a lot. We dont have to have the tax reform if theres just not the negative pull from government. Right. The economy is getting better. Were a lot more optimistic about the economy than any point since the recession ended and the last few years havent been great. For the first time i think the risks are to the up side and that should be very helpful for the stock market. The valuations arent its not like were going into 2014 over valued. Were kind of appropriately valued. You get a little bit stronger economy and maybe some expansion from there. What is the bond market going to trade . Youre saying the economy can be much better. Will it trade off that or do we need to see inflation before theres a problem with Interest Rates starting to actually be negative . Well, when i said the economy is going to be better next year, we have 2. 5 gdp. On the low end. Were on the low end but weve been on the low end. Were closer to the middle now. On a Fourth Quarter to Fourth Quarter basis its probably closer to 2. 7. It looks a little bit better that way. If you get 2. 5 real Economic Growth, you get 2 inflation, thats 4. 5. Thats revenues up 5 and earnings probably up 6 or 7. So, i mean, that thats a pretty good environment. I think that and thats our base case. If things fall into place and we get a little better behavior out of washington, housing comes back a little bit stronger. In the last few data points, theyve been encouraging, then we might be closer to 3 so that we can be a little bit higher than that. Mark, do you think earnings and profits are going to rise because of cost cutting or do you think they will be plugging more money into the economy, hiring, expanding capex, the like . The quality of job growth should be better. Housing will be stronger so you can get more construction jobs. Could be Even Stronger than were expecting. The Manufacturing Sector seems to be coming back. International trade is going to go from being a slight drag last year to being a positive so we should see more expansion in the Manufacturing Sector and transportation distribution. I think the quality of job growth would be better so we get stronger income growth. We get a little bit even though the numbers are modestly higher in 2014 than they were in 2013, i think the quality of growth will be better. Tom, you said about a year ago on squawk box when the dow was near 14,000 that you thought 20,000 on the dow, 2400 on the s p was the levels to watch within the next four y