We did a piece on these flipflops. Come to the camera. She asked if she could get a pair of flipflops. We want to get her the flipf p flipflops and stuff with will give away a little later. Its not going to fit me right now. Its really soft. Id raet having it for fitting longterm. You gt me a large. I cant wear. Youll be working out. I know, that makes me you should have been a medium. Im going to try it on. Its the thought that counts. Thank you for thinking of anything. I would not probably have. You were on a quota, too, right . You werent allowed to you only could spend so much down there. This was personal. This was personal money. Because the expenses. He paid for this himself. Bought it with my credit card. Thats even nicer. You can write it off. I cant write it off. Who is reading this . I am. Were going to take a look at the u. S. Equity futures this hour. Thank you andrew. Very sweet. Take a look. Things looking positive for the bulls. Dow futures indicated up 66 points. S p up 7. 5. Nasdaq up 21. Story on the front page of the journal today points out this is the least volatile stock market weve seen over the last 30 days thats happened in the last two decades. Its been 20 years since weve seen such slight moves in the s p. Moved by 0. 5 in either direction only five times. Why is that negative. I dont know. The expression never short a dull market. This is more of the same sort of, wow, this market. The market slowly moved from prebrexit to new highs. And as everyone is staying at 2100 on the s p target, talking about a lot of uncertainty. A lot of uncertainty. Valuations. Last time this happened was 1995 and the fed was at a pause between hiking rates. This is a time where the fed the at a pause between we dont know. Its the same story as it was 20 years ago. Its goldy lox. They cant raise an election year. I agree with joe. Decedent economy going on. You think there is a decedent economy. Decedent. Not amazing, but decedent enough the job numbers are. Yes, all right. I agree with you. I think its he agreed with me. That means you. What is the transitive property. I dont think theres going the be playing with numbers. I dont think theyre playing, but the numbers are going to be good leading into the election. Lets check out what happened overnight in asia. Take a look and youre going to see for the close, the nikkei was down about. 60 . Shanghai comp and china slightly higher. Very slightly higher in the case of the hang sang. In europe this hour, pretty positive moves. The dax is up 1 . The markets in italy and spain. France is up. 60 . Take a look at currencies this morning. Youll see that the dollar is under a little bit of pressure. Euro at 13. 22. Yen at 100. 22 and pound at 131. P 6. I think these economic numbers are going the be hotter than a roll ex. Dirtier than a possums mouth. I used that earlier. Sara was talking over me. She wanted to take it back. Whats the other one. Shakier than cafeteria jello. Hell be on at eight. How long was he on 60 minutes . He was 60 minutes hes a giant. Why does Judicial Watch have to be the only place trying to get these emails . Why does Citizens United have to sue to get at them . Where are your heros . Where are you journalistic heros in trying to get to the bottom of this . Im looking at becky. Lets get you caught up on some headlines this morning. Goldman sachs out with a new call on oil and rally prices saying the recent recovery is fragile and not driven by fundamentals. Goldman arguing prices moved higher on expectations of a potential output freeze and firm holding forecast at 45 50 at present crude prices. Wti at 46. 96. Housing in focusing today. On the kbhik agenda, july new home sales out at 10 00. Expected to drop 2 . Following a 3 jump in june. Other data today, flash are manufacturing, pmi. Monthly rich mond earnings. Speaking of earnings, Quarterly Results from home builder toll brother crossing the tape in the last hour. Profits matching revenue coming in better than expected. Number of unites delivered and price topping forecast. Coming in stronger than the street had expected. Other stock to watch this morning, shares of tableau rise. What . I dont know. Tableau. What is it . Its a software. What does it do. I would bet it has something to with the cloud, probably, if its software. Probably has a more scaleable system, i would think. In terms of being. Youre really good at cocktail parties. Thank you. Im going to go work for mckin zi. I think right nowky ki can go. The new chief will also serve as a president used to run sales, sales and marketing on amazon well services. Hey there, cloud. Thanks. Wait, its a digital. Why dont you know . I just came back from rio a couple of hours ago. Digital dashboard. Take data from Different Services and manage your own integrated data. Oh, so its a digital dashboard allowing you to and a cloud. And a cloud. Im sure. Thats the only way you can make this work. Called it. Shares of zoes kitchen going in the opposite direction. Reporting a Second Quarter revenue miss and lowered Sales Guidance and premier disappointed wall street. Health Care Technology company loss worst than expectations. Revenue was above expectations. Heres this amazon music. I still like my apple music. This would be cheaper . It cant that different . Its more like a let beckty kel ty tell us a amazon stepping up music game. Launch sub skriscription servic tochl go against spotify. Amazon wants to launch both services in september, but hasnt finalized deals with major music labels or accomplishers. Seems like a big steppingstone before you can actually launch. So, i have an echo in my house. I have one too. Do you like it. Im still figuring out how to use it. Do you ask it to play music . You can say play hamilton. If they have the rights to it. They already have it. Its free. You dont have to think about it. If you want other songs it says please buy the song. This will replace that. They have to get all the rights figured out. But you also end up paying five a month. Or you could replace your apple. I mentioned echo and we got one a month and a half ago. I have no idea how to hook it up. Say alex. Ive had someone say to me, i bought this for you. And youre home. I gat ot it for a birthday present. Youre home all day long and its still sitting here. Are we sure you dont have to assume that youre on a reality show when you hook that up . Are people listening . I actually am worried about that. I think technically they are listening. They say theyre not listening. Theyre not recording. Amazon is not recording, but in the future i think within the future everything is going to be recorded all the time. Its whats going to happen. Can you imagine what i say at home. Can you even fathom what i say . Given whats happened during the commercial break. If only we could sell the off air squawk. Im not kidding right now. No, i worry about it because well i think in when you have deal knowledge or Something Else comes up, that does work. I also have the little thing. That thing. That you put it on the appture on all your things. I put that there too. This is to cover the camera so the camera cant see what youre doing. Camera on the phone. Camera on the computer. Why should we trust google . When have they given us any reason to trust that theyre not. The whole tradeoff, this is an old generation thought process with this. The millennials are very willing to trade off privacy for what they get back. I dont think people who are under the age of 30 will thinking that. Their experience. They would love the experience of being humiliated in front of the entire planet for doing something or saying something. This is a clash of the generations. This is not something that younger kids worry about at all. You didnt worry about that. I do a little bit. Can you come over to my house and hook this up. Im happy to do that. What do i need to do . How do you hook it up so your microwave goes on or something. Thats much more complicated. Whatky hook it up to do. Give you news, weather, play music. Just using any iphone and alexia. What do you need to hook it up . The iphone. Once it starts working you dont need the app. The app is for the installation portion of it. Are we going to do or chairs thing . I need to talk about the robot brothel too. I have a big question about whether theres a viable thing. A robot. Lets leave that as a tease. In the meantime, samsung shutting down music streaming service. Just two years after the launch. Did not provide specific reason for shutting down the program. As weve been talking about with the markets, investors are waiting for janet yellen to speak on friday in jackson hole. Joining us for a look at the markets and whats happening is sara hunt. She is Portfolio Manager at alpine funds. And todd gordon. Cnbc contributor. And sara and todd, thank you for coming in today and being patient and hanging out with us this morning. Been a blast. The off air comments were the best part of this whole experience. Am i right . Would you do a pay purview for that. Absolutely. Bring it back. Stream it live during the commercial breaks. Have we had you sign something about not talking about. No, but i come relatively cheap. What goes on here stays. Its like vegas. Lets talk a bit. Like a fraternity. Its a brotherhood of broadcast. Lets talk about the markets volatility. The lack of volatility is a bad thing. It could snap to a correction. Do you agree with that . I do. Its extremely quiet in here. Too quiet. Theres a lot of potential energy built up. I think theres so much going on in the go political front. It will turn into kinetic energy. Im sticking to by 2500 call on the s p. Fed is in a wait situation. All the macro environments are setting up. I do think it results to the upside. I think right now it definitely is. The fed is in a bit of a box. Even though they have being talk about rates they havent been able to raise them. I think that reaction function has changed and i dont think theyre going to raise so that pushing everything higher. This is artificial situation thats really keeping volatility at bay. And thats what happened back in 1995. Pause for the fed. It makes people really nervous. Journal points out that people are like updating the screens to make sure theyre actually on. In longterm happens and asian currency crisis happens two years later. By 2017, you dont mean by the end of you mean youve got until december 31, 2017 to get to 2500. Give me 18 months. Were just shy of 2200. Another 10. on the topside. I look around the globe. Sara and i had a great discussion in the green room before. You see bond prices right at the high. Gold remains big. All the risk on, feds on hold market, nothing has changed. The one thing that gets in the way is crude oil. Up against technical resistance. If crude oil does fail, thats going to be a problem, but this whole disinflationary, low inflation, bond signal could be the one impetus that could get in the way of the stock market. If it staying 20between 40 a 50, is that okay. Yes, if we can maintain that range. Goldman calls 45. Not too cold. Is that goldmans call. I think it is. Theyre so good. Were going to have to reat a time. They made that last week. Theyre so good. Rotate back into consumer skrergs nare technology. Pick up the reigns and charge ahead. Were not going to get it from Energy Materials and stuff like that. You need nmore spending. More consumer spending. I thought it was Business Investment were not seeing enough of. You need enough employment and better jobs for people to feel comfortable to spend ticket on bigger items. Between businesses not spending and restauranting starting to roll over a little bit. Some of that is starting to be weaker. Isnt that a factor of people maybe even having jobs, but not sure theyre going to last. I think its the insecurity factor. Thats been since 2008. Yes. How do we shake that . You need to see more Business Investment, but they need more confidence too. Its the ch chicken and egg. Its the same similarity between negative Interest Rates and what are we doing to do with interest markets. Theyre not low because theyre low for recession. Theyre low because theyre being stepped on. This is the ka numb drum and vicious cycle. Coming up when we return, sponsors dropping ryan lochte after he apologized for exaggerating. Joe just promised you hes going to tell you about robot broth brothels, the rated version. When squawk box continues. Youre here to buy a car. Welcome back to squawk. Were in the chairs. Ryan lochte lost all four major sponsors yesterday. Dropped by speedo usa, ralph lauren, hair removal company. Is that just hair off your chest. It may be nare like. And speedo saying theyre going to denate to a charity for brazilian children. Those have expired over the weekend. He apologized for what he called an exaggerated story about being robbed at gunpoint at the rio games. This was the story we spent the last 72 hours of being in rio covering. Joe was mentioning earlier this usa today story which sort of tried to take it back a little bit. The one from yesterday. You could see how you could be on both sides. There were guns brandished. Who were these guys . They werent cops. They really were cops that were working off duty as security guards. Did they show a badge. We dont even know who they are. Its all complicated. Im over under on this. Not that hes going to get a corporate sponsorship any time soon. Plans to make a career in entertainment in los angeles. I can manage him being on a reality show in the not too distant future. He was on one on e that didnt work out well. I he wants to play in the 2020 tokyo olympics. The question is what olympic swimming decides to do with him. Whether they will allow him to try to make the come back. Saw people comparing it to phelps getting caught smoking marijuana. It is a different story. Im not overwhelmed by looking at him in judging him as just a horrible person from this at all. Im not either, but the idea of somebody smoking pot versus maybe exaggerating and stepping up the circumstances and spreading to an international crisis. That weighing differently. No one had the intention of you loved that story. It was the water cooler story. You didnt want to do anything else while you were down there. Between, we had usain bolt, michael phelps, and this. Those are the three big stories of the olympics. The question i have for you guys, la is competing for the 2024 olympics. They made an effort to appear this is going to be a humble olympics. The u. S. Is this humble country and how theyre approaching it. Its basically la versus paris saying they didnt think that the ryan lochte situation would, but im curious if you were running the ioc if this would impact. The ethical standards in this company can rise to the level of the ioc in the history of how theyve handled things and the crime free rio where even the insinuation that something untort happened and that city where nothing ever happens. I mean, andrew. Im just asking the question. And there were some other. Michelle said, there were food shortage and things going on down there that maybe wouldnt reflect so well on rio. Look. Were talking about two developed nations. Paris, if you go to paris. Olympics should only be in developed nations from now on. Thats interesting because the other thing it does give an opportunity for certain cities to sort of put themselves on the map. Theyve pulled back a bit. The plan was to go to india and africa. The cost is too much. Places where theyve had the olympics, once they leave, the people are still in the. Where the money goes instead of necessarily for the thing. Well continue to see this play out. I dont know that lochte will have an impact on that. I think youll see developed nations probably have a bigger seat at the table for some of the next olympics. Maybe he could join us on our raeltd show. That pr guy he got is good. I started to feel everyompathye i he seems like he struggles to explain things. I dont know if hes a horrible person. Let me do this story quickly. I dont know you want to talk about this. People do want to hear this, but amid public outcry, congress is demanding answering of the skyrocketing cost of epipen. Now senators are sending letters to mylan, the maker of epipens. There is no generic version. Theyre asking the company to justify the increase. Officials back it up, prompter. Officials say the cost has gone up over 400 since twaikt. Congress members say theyre concerned parents cant afford the pens for children as they are heading back to school. Mylan declined to comment on the price hike. These are things that used to cost 50 60. Now cost 600. No generic. Didnt comment specifically on the price increase itself. Look, the deductibles are the reason that congress men are getting involved with this because their constituents are having to pay more out of pocket. Mylan, was inverted itself. This is heather brush, we had her on the ceo. Her father is the senator, congressman from West Virginia. Makes it all a little complicated. It does. The story weve all been waiting for. Joes looking at robotic brothels. There is a number one. This is a british tabloid. Whether were any near this, it say s cyber prostitutes could become a reality. One of the prostitutes kills someone and escapes. Theyre very life ai is assumed in the show to have gotten to the point. Theyre not saying that here, but theyre saying places like amsterdam, thailand, that have some problems with stds or child prostituti prostitution, its not great. Its not a great occupation probably for the women that are forced to do it. Its sexual trafficking. If you could do it with life like sigh borgs. Reduce the risk of sexually transmitted diseases, safers lives for working girls. And sigh borgs could cater for desire of sexual variety. Freedom from constraint or complications, the men wouldnt fear a lack of sexual success if they were unable to you know, in the Technology May become better at developing emotional bonds with their clients. My question. This is an economic story. It kind of is. My question is im looking heres a couple of the, these are real dolls, one of the worlds most accessible doll companies. Its a visual medium. Do you want to show the viewer. No. Theyre dressed in bikinis and stuff. They are like dolls. Im just in general if they have not developed ai, is like is that okay with the robot . Isnt there need to be some. This is the conversation on commercial breaks. You need a connection. My point is mums already do this to each other. They completely dehumanize. People do it for money. Look, it happens all the time with actual humans. You know. But guys always. The guys still think i think she likes me. But its delusional. Thats suspend your disbelief. Weve been deluded for a long time. Yes. Andrew, what about a rubber doll. Right. Thats what i mean. Its already there are already people who have this emotional disconnection. Some people need an emotion