All closing at a record high on the same day for the first time in about 16 years. The big winners were energy and utility stocks. The nasdaq isnt taking part in the party at this point. If he check out the futures this morning, right now you see there are some red arrows. These are modest declines at this point. The dow futures down by 1. 5 points, dow down by 9. 5 points and the nasdaq down by 3. 5 points. Policymakers in europe are expected to stick with current plans keeps rates at record loys. But there is growing disagreement between ecb members and mario draghi. Here at home, two big economic reports to watch this morning. Both of them set to be released at 8 30 eastern time. We have weekly jobless claims seen at dipping at 285,000. Well be getting a first read on Third Quarter productivity and, andrew, ill send it over to you. Lets talk about some Corporate News this morning. Tesla posted better than expected Third Quarter results. Those results driven by record deliveries, but they carmaker is lowering its Current Quarter guidance. Here is whats happening. Theyre blaming fewer than planned model s deliveries to the hardware changes to the vehicle and ceo elon musk now saying the production of the new model x crossover, the next generation sort of its a cross over will be delayed again by several months. They are noting the Company Wants to get in his word, get the details right. Theyre sold out on that vehicle, so thats not the issue, but it does raise questions about whats going to happen next. Also, in other auto news, takata skipping its dividend for the first time. The companys potentially defective air bags have been linked to four deaths in the United States and as part of a control of 17 million cars worldwide. The air bags are being used by many consumers here. Takata apologized to customers affected by the really. I dont know where to buy a tesla. I drive around, see all the dealdeal dealer shipss. Theyre all there and i cant find a tesla showroom anywhere. If i cant find a showroom, i dont know how id buy one or look at a car. But otherwise, youd be in there buying one . Do you order it online . You go to the showroom and order it. Oh, you go to the showroom, but you dont have the dealerships that i need . Theyre inside malls sometimes in different places. Where is the dealer . The showroom is a where is the salesman thats going to courteously and they will do everything for you except press i need a guy that the guy is going to courte s courteously deal with you . Oh, yeah, youre a man. I forgot. Im sure a i need a 400 undercoating, dont i . No. I need to talk to the manager to get a deal on that. Lets take a look at the mornings other movers. Higher defendant bugz revenue from licensing its television show. I did see that gentleman, but not at last night at micha michaels, the arts and crafts store. No, it was the restaurant. It was the 25th anniversary or 30th anniversary . So crowded that anyway, news corp. Beating the street on the topic he was in there. Is there some lazaar thing . Anyway, top and bottom lines helped by better sales. And financials profit falling short of estimates and that was blamed on lows tied to the insurers derivatives programs. Qualcomms earnings and revenue are going to miss wall streets mark. The chipmaker warning of more trouble in china, saying an antitrust investigation and problems collecting royalties could harm its business there. Qualcomm discussing some new regulatory probes in the United States and europe. There was a move in big trouble in little china, was that the youre looking at the wrong guy for that. Whole foods what movie . When . Curt russell . How many years ago . Not that long ago. Before i was born . You should know about it. Whole food shares getting a big boost. Grocery store topping analyst consensus. We were at a thing where this was this comedian known to people not in your generation. Im not going to tell you his name. Who . Jerry seinfeld. You never saw any seinfeld . Every thursday night at 8 00 p. M. Nbc, eastern time. He has not actually, i went and saw him live. He is unbelievable. Hes so smart. Hes got every everything that hes amazing and he can talk about a chair for 15 minutes. So can clint eastwood. Yeah, so can clint eastwood. Different chair . Yeah. Lets check on the markets this morning. We showed you the futures. Theyre a little bit undervalue this morning, under fair value. You can see right now, those dow futures look like theyre moving back at this point. Dow futures down by 3. 5 points. S p futures down by less than a point. This is coming after both of those indexes and the dow transports all closed at record levels. They did it on the same day for the first time in 16 years. Unusual to see all of them moving together. It was the nasdaq that was out of sorts, but well see what happens as we get closer to the opening bell. If you take a look at some of the broader markets this morning, lets start with oil prices. Thats been a huge focus for the markets. Youll see right now oil prices are down, but only by about 13 cents after gaining ground yesterday. Right now, trading wti at 78. 54 a barrel. Take a look at whats happening with the tenyear note. The yield is at 2. 335 . If youre watching the dollar, it is down against both the yen and the euro. The euro is trading at 1. 2519. The yen is trading at 114. 62. If youve been checking out gold prices, gold prices are down slightly, 1,143. 80. Joe. Were going beyond the u. S. Markets this morning. Joining us now with his thoughts on the best places around the world to park your money, what a great time to talk to mark mobius, Templeton Emerging MarketsGroup Executive chairman. Very rarely, mark, do we try to talk you into the u. S. Being the best house in the neighborhood. But are we wrong on that this time . Do you have to just go around the world because thats your job or can it be that the u. S. Is the best place to put money right now . The u. S. Could be the best place to put money right now. What we are finding is that we go into these emerging Frontier Markets in particular and the euro leaders of this world and the multi nationals that are listed locally are so expensive. But then, to give you an example, its very, very cheap in the uk. So we buy unilever instead of unilever in nigeria or india. So, yes, there are plenty of opportunities in the u. S. To get the growth as well as the stability. So i wouldnt count it out. But youre still you have other penal at your firm that might do that. They still want you to go and find other opportunities around the world. Is that fair to say . Oh, yeah, definitely. I was in china this last week and we were looking at companies there. There are many, many opportunities. Its just incredible. Its mind boggling to see whats happening in china. Then the week before that, i was in dubai again. Its not just multi nationals. The other companies are doing very well. The local companies are now beginning to buy assets in america and all over developed countries. So youre getting this kind of synergy. The best example is tata motors for jaguar and land rover. Theyve got their own car in india. You have these types of things taking place. Can you just comment, i dont know how much it matters, but just on the monetary. The central Bank Environment around the world, weve seen you know, we had a big move here on japans move, we think europe still needs more easing. Wv exited qe over here. How does all that play into which parts of the world you decide to prioritize . Overall, we see an incredible amount of liquidity sitting in banks around the world. You see in japan and the u. S. Is and europe, in china in particular, so liquidity, theres no problems. The problem is for them to get out and actually lend because theyre all running scared. So if you look at the big picture, i would say china has been the big printing press, bigger than the u. S. In the sensd of getting liquidity into the system. So youve got to watch china and whats happening to chinaing stocks. After that, you probably want to look at Southeast Asia because this liquidity that the japanese are creating will find its way some degree into china. But, you know, theyre not that welcome in china. It will be more into thailand, malaysia, indonesia, those countries and india, by the way, because the new leaders very much in favor of working with japan. So that is really whats happening and thats the reason why we have to emphasize those places where the liquidity is going to fall. I see a case that you make that if the u. S. Economy is growing a little bit faster than previously, and its on a firmer footing, and then youve got easing the accounts. Yeah. And youve got easing and oh, you lost the sound . How about now, mark . Thats it . We dont no. Ive got one more why is this so difficult . Ive got one more good one. I just wonder he makes a case. Lets say that the u. S. Is growing better and lets say that europe and japan are easing. It seems like emerging markets would benefit from both of those things. But i just think that emerging markets, you have to be ready to accept a little bit you know, the risk reward, the rewards might be higher, but i think you need to be ready. For things to move more rapidly . I think you need to be when lazry was on the other day, remember what he said, the risk free rate is this. If youre going to get 40 times a risk rerate, its only 7 or whatever it is. If youre into stressed debt, you know pretty much what your downside, but you know youre accepting lower returns. But year after year, youre not going to have to come back from down 40 from year. So i mean, around the world, mark i think has he loves if the u. S. Was going to be the best place, i think he would still be over. Actually, i tweeted what you asked him and what his reply was. I never expected mark mobius of Templeton Emerging Markets to Say Something like yes, the u. S. Might be the best place. Oh, weve got him. I think we do have him back. I answered all the questions for you, mark, since i know you so well. So dont make me look no, but my question was if the u. S. Is getting a little bit better in terms of a higher rate of growth and youve got easing in europe and japan, it seems like both of those things, all three of those things would be good for emerging market. Yeah, definitely. Theres no question. The health of the u. S. Is great for emerging markets and, of course, many of these emerging markets have very strong financials. Lots of Foreign Exchange rese e reserves, low debt to gdp levels. So those are the countries that we want to focus on. A lot of dead beats, as well, as you know. A lot of these countries are in trouble financially. But theres a substantial number. The big one in particular is doing quite well. But a healthy u. S. Is going to be very good for emerging markets. But youre ready for youre you will accept more risk for higher rewards. There is more risk in emerging and Frontier Markets, is there not . Theres no question. Theres lots of risk in many, many directions, political, economic and just plain volatility, if you define risk and volatility, you have lots of volatility. And, of course, thats where the reward is. Because if youre Strong Enough to go in when things are bottomed out, you can do very well. Which is why i think emerging markets have done so well over the years, because, you know, youve seen the volatility. And then last night i was thinking, if you knew over the next five years that by far the u. S. Would be the best place, would you come back here and go state to state and, you know, be down in alabama or something and county by county or would you still be over in these exotic places finding, you know esoteric i think you would still be over there because thats what you do, isnt it . Yeah, but i would be in the u. S. More probably. Oh, all right. You have to look at all places. You cant just concentrate on one. If things are great in the u. S. , we want to be there. But you still have to look at these other countries growing at a pretty fast pace. I think you would hire someone over here and still be on china beach with leo dicaprio and anyway, mark, thanks so much. Appreciate it. Your time today, glad we got you back. We can put a machine on the moon but cant talk to mark mobius for eight minutes. We did. We got him back. Everyone, watch your iphones because this next story is worrisome. A new worry for iphone, imac and mac users today. Pal alto says its discovered malware that can reportedly install Third Party Applications on devices. The viruses can get transferred from infected maces on to iphones on to ipads through usb cables. Most of the users were hit in china thus par. First of all, its not really here yet in the u. S. In a major way. But you can only get it if you connect your iphone to your computer, which i dont think joe has ever done in his life. You know i have. You plug in for your pictures. Ive done it with an ipod, too. Dont plug it in for now. You know what i do . I pull out the ipod without doing what im supposed to do with the keyboard and i always get i always get in trouble. You just pull out i suppose you have to eject first . Yes. And i dont and its like, oh, no. But nothing pas bad has ever its like something bad needs to happen for me to listen because nothing bad has ever happened. Youre eating a doughnut. I was. For ten minutes talked about how in the modern era, none of us can leave our house without a stiff rectangle in our pockets. You said this for about ten years now. Right. But he made it funny. And he went on and on about how when its dying, you feel like you oh, i might be able to talk to you tomorrow. I dont know if im going to last much longer here. And then if you get mad at someone, you cant slam the phone down. You have to yell at them on your iphone and then you go like that. And just slide it over. That is how you hang up. He is unbelievable what he can talk about. With nothing. With nothing, yeah. He should do a show about nothing. Thats a really good idea. Are we going to talk about were going to talk about tesla. Did you watch the president yesterday . I did. In the afternoon. Is that what youre referring to . He didnt talk about much, either, by the way. Does he leave the white house much any more . Do you think he gets out much . No, but the same reason why the newspapers the reason why the newspapers, do you think its mostly salon, mother jones and maybe he glances at the New York Times . Is that youre saying because he wasnt willing to back down or say that he no, i just realized that we have the nation and what was that from yesterday . Did new republic. I just realized if we were hopeful, we signed on for eight years and were going to do thats the time that theres going to be no Early Release. Did you notice the polling on minimum wage . A lot of red states. Andrew, that was my problem. That is what he learned from this election, keep pushing minimum wage . We think alooip like. Its unbelievable. Theres always something out there that harwood talked about that yesterday. Thats the one Silver Lining you get out of the whole election . Were going to continue this debate as we head to a break. When we come back, well be talking about tesla shares swinging wildly in the last couple of weeks. Were talking deliveries, production delays and whether now is the time to buy the stock. Plus, pasta fans wont like this story. Why prices for the italian food staple are soaring. Squawk box will be right back. Welcome back to squawk box. The Country Music awards last night, there was an interesting moment in the open iing monolog. They said goodbye to taylor swift who has gone pop. She crossed over. Some of her songs still sound like Country Music songs. You think her new song . Some of her songs. And it was just a joke. Social media buzzing this morning about paisley because he apologized to viewers who tuned in to watch abcs new comedy series, blackish, to find the cma series instead, telling viewers to, quote, enjoy whitish. Some critical tweets followed calling paisley and the cmas and the Country Music awards racist. There you have it. We talked about miranda yesterday, didnt we . Yeah. She won four different trophies. She is great. Luke brian, i liked a couple years ago. Hes gotten hes gotten a little bit you dont like any of his new i dont like that one stupid its my kind of night. Its really a dumb thats just one song. I like some of the others. He took home entertainer of the year last night. I didnt see any of that, obviously. But tonight, a much bigger night than the cma awards. This is a we would call it economyish, businessish is what were going to be doing. Its a big night for cnbc in honor of our 25th anniversary. Were celebrating the biggest names of our times and looking ahead to the leaders of tomorrow. And we are going to be as diverse as the entire world with what we do. Looking forward and forth, the gala event will be hold tonight at jazz at lincoln center. Among our headline guests, the ceo of mastercard, that stock has been hot. Citigroup ceo sandy weill, well see whether he thinks we should grow or shrinking the banks at this appointment. We never know. Starbucks chief howard schultz, who i dont even think is 60 years old yet and created starbucks. And then recreated it. To be that successful that young. And that is young. 60, the best decade of his life, just so you know. Youve got that to look forward to, appeared rue. Ariel investments with melody hobson. Along with her husband, george loose yak. And nyse boss tom farley, who walked out of an audition for a hunk on a soap opera. Have you seen this guy . I have. Hes like 64, strong chin, smart. Another annoying what is he, 36, 37 . Another annoying young overachiever. Dont like andrew. Theres more names coming. I was just reading. I was having a conversation with barely diller and martha stewart. Jack welsh will be here. Put me on the red carpet. Ive been studying the career and life of joan, which is great. I dont think anyone remembers all the stuff she im not sure i can say some of the stuff she said. Joan rivers . Yeah. I think you cant. I cannot . You should not. Can i ask what people are wearing . Andrew, who are you wearing . Im afraid youre going to get a lot of are you going to get a lot of Brooks Brothers . Youre going to say im wearing a tie. Kevin plank is going to be there from under armour. Yeah. Do you know what