A check on the yields on the tenyear right now. Youre looking at the 30year bond, 2. 985 . Want to get a mortgage right now . What do you think . Anybody . Better hurry up. What do you think . Better hurry up. Hurry up, right . Trains left the station . Whats going to happen to real estate prices . Well, commercial real estate prices, cap rates fallen to 4 . They only have one way to go. This is very true. Among todays top stories, were watching oil prices closely ahead of a key opec meeting wednesday. Crude was down sharply on reports of disagreement between opec countries and non opec exporters like russia over who should cut production to curb oversupply. A meeting scheduled for today between opec and non opec producers was canceled after saudi arabia decided not to attend. Take a look there. Wti down just a few cents a barrel, 46. 03 last trade, brent unchanged. On this weeks economic agenda, tomorrow look for the estimate on thirdquarter gdp, the s p caseshiller, Consumer Confidence and paychex. On wednesday, adp pending home sales and the beige book. And thursday, jobless claims, ism index and auto sales and on friday, the biggie with the jobs report. And today is cyber monday, a big day for online deals. So far, though, consumers arent too concerned about missing out. According to the National Retail federation, early holiday promotions and a belief that deals will always be around led to a decrease in spending over thanksgiving weekend. The nrf says shoppers spent an average of 3. 5 less than a year ago. Full rundown of the Holiday Shopping stats coming up at the bottom of the hour. Im the cheapest of the cheapskates. I saw these deals and still didnt go for them. Youre like, mores around the corner. More is coming. And you know theyre going to last through the holiday. You think they are, but then you wonder has the train left the station. Im willing to place that bet. What do you want to buy . You mean for gifts . For gifts. I have children who need things, i have a wife i dont need anything. Dont worry what happens if i told you it was already taken care of . Dont really . Dont give me any no, i dont want anything. Im thinking about a lot of different things. I dont know what i want oil to do. I dont know whats bullish and whats not. I dont know whether we want oil prices to go up or come down. I dont see how supply concern if its not a demand indication, i dont see how it impacts our markets. I think we want oil prices to stay where they are. We dont want them to go up. If we want the market to. Andrew, while you were out, and i was out, too. I was not in wisconsin as you were recounting ballots, i was on vacation for thanksgiving. You dont change the ballots while youre counting. I dont do that. I cant speak for my people, but, no, im joking. No, no, no. First of all, i was in disney world. You were in disney world . I was in disney world thats your story. Magic kingdom. Im sticking to that. But andrew, the market by the way, we have some amazing squawk viewers. Can i say this . We do . So many amazing viewers who were so kind. They would come up to us at disney world. Thats nice to hear. They love you, joseph, they love becky, melissa, they love you sitting in, but anyway if they love me, did they love you, too . They, they you know, maybe they were just being polite. Maybe they were just being polite. The people i know that maybe love me dont love you and the ones that hate me do love you. Well binary. Yeah. Well, i was fortunate enough to find a number of them who supposedly love us both, so impressive. They love the love between you two. Between us. I can feel it. But the excitement in Consumer Confidence, its bizarre, isnt it . And castros death had nothing to do with trump, obviously, but they said he faced that you know, this was a trump supporter on twitter he faced down ten president s until this one came along and they said im out of here. But stocks i think mcc was supposed to be here today yes. And we knew that wasnt going to happen. Because she was on the original rundown. Yeah, yeah, absolutely. And she immediately off to anyway, stocks to watch today. One of them is but the market, the market. And now weve got i mean, the animal spirits. Someone has a drinking game for how often i say it or cramer says it or people say animal spirits, but it is a true absolutely. Hes not president and all this stuff is happening. And i cant believe we have another jobs report already. That just happened, the last one which makes all the data somewhat old. Right . But it was already set up for you know, we already had a take. Maybe we see wage gains and everything starts looking better, maybe. Samsung electronics will reportedly consider splitting into two as proposed by activist investor Elliott Management. The sole Economic Daily says samsungs board will meet tomorrow. Great work. I dont know if you saw it. I dont get a subscription. Last month, elliott proposed that samsung split into a holding and an operating company, pay a special dividend in return, cash to investors. And schlumberger has proposed an oil drilling deal in iran. If completed, it would be the first deal in iran since european sanctions forced it to leave in 2010. Boeing could face sanctions from the wto as soon as this week. The wall street journal reports that that organization is set to rule that the Company Received illegal tax breaks in Washington State for its 777x aircraft. The eu claims boeing has received more than 8 billion in subsidies. Meantime, cuba mourning fidel castro. He defied 11 u. S. President s and nearly brought the world to the brink of nuclear war. What does the future hold now for the island nation just 90 miles from u. S. Shores . Michelle carusocabrera, who was going to be with us in studio, is in havana with that story. Better weather. I dont know that its a better place. Better weather, maybe. Reporter what i was thinking, joe. Yes, the weather is better. Were here in the plaza, the revolution. This is where the Memorial Service is going to be tomorrow night for fidel castro. Two key questions. Now that hes dead, does anything change . Probably the more important question president elect donald trump, now that hes going to be president , what happens to the thawing of relations initiated by president obama back in december of 2014, specifically to the business relationships . According to the u. S. cuba trade council, more than 3,000 seniorlevel u. S. Executives have been to the island since that time to try to explore what possibilities. There have been 150 formal meetings. Of that, we know of 30 u. S. Companies involved here. And i use involved, because for many of them, deal is too strong a word. Lets show you whats happened since the major announcement in december of 2014. All the major u. S. Airlines recently now initiating commercial flights from the u. S. To cuba, and it was just this week that they began flights, like literally today to havana, where the vast majority of u. S. Visitors would want to visit. Carnivals had cruises in here, you can book airbnb and also a number of Government Hotel rooms on booking. Com. If you want to use a credit card here, there are only three banks in the United States from which you can get a credit card, a mastercard that will work here. Stonegate in florida, nat bank in florida and bianco popular in cuba. Youve always been able to wire with western uniyou know, but not every mastercard will want. It has to be from those specific banks. There are major roaming agreements, which means that u. S. Visitors when they come here, their phones will work, although it will be very expensive, 3 bucks a minute if you want to talk and lots of data charges as well. And idt is also providing direct longdistance. Other than that, we know General Electric has signed a memorandum of understanding, but that doesnt mean thats going to actually lead to anything. Google has worked very, very hard here, had an executive dedicated to trying to expand Internet Service here in cuba, and the cuban government has very much rebuffed google. This is what they permitted them. Were showing you video of the one location which is on the outskirts of havana where students can come and use free wifi, free highspeed Internet Service. But its not available to the vast majority of the cuban public. The vast majority that dont have access to the internet. The cuban embargo still exists. However, because of the executive actions that president obama did, there is a lot more that could be done here by u. S. Businesses, except the cuban government has been extremely slow or hasnt approved very much of anything, which has been a great frustration for a lot of people involved in trying to end the cuban embargo and improve the situation between the two countries, guys. Look, we dont know whats going to happen after fidel castro. Everybodys been asking for years what happens after fidel castro. We dont know, but at least now were going to find out. Michelle, the word is that the genies out of the bottle that u. S. Companies got all this stuff in the works, all this stuff developing things. Weve already spent money. Weve got, you know, you cant back out of this now. You just said nothing is really happening. And im wondering, if trump were to say, okay, were going to leave this like it is, except we want this, we want dissidence, we want visa concessions, this, that. Well stay, but you need to do this stuff, would they do it or would they say, okay, the deals off . Reporter very good question. Were all wondering the same thing. Thats the key thing. I mean, there are i just focused on what are the business relationships that have been established. There are other things that would be more meaningful, for example, to the cuban people remittances. There used to be limits every quarter what cuban exiled families in florida or wherever they were in the United States could send back to families. The Obama Administration lifted those completely, so theres been a lot more cash coming into the island going to individuals. So, those i think are the kind of things, when you hear people say, oh, you cant roll those back, those would directly affect the cuban people. As for the amount of business thats been done, i mean, none of whats getting done here is going to be meaningful in any way for the revenues of a lot of the major corporations. It was kind of an exploratory thing. So when it comes to business deals, im not sure what would be all that impactful if donald trump rolled back a lot of those things. Okay. Michelle, thank you for this. Were going to continue the conversation. For more on whats next for u. S. cuba relations after Fidel Castros death, congressman cobello from miami. Congressman, help us understand how you think president elect trump should approach the country. Andrew, good morning from miami, where there is not a lot of mourning going on after the passing of fidel castro. Of course, this is where many of the victims of Fidel Castros regime live. What were going to see, or at least we hope, after president elect trump takes over on january 20th, is a policy that actually holds the cuban government accountable, not just to make economic reforms, but also to make political reforms. Everything has been very onesided up to this point. This has been a legacybuilding exercise for the Obama Administration. Its very clear that the president wanted to be known and wants to be remembered as the president who normalized relations with cuba. But thats really not an end. The end is for cuba to be a free and democratic nation and a true partner for the United States, a country where u. S. Companies and americans can actually feel comfortable visiting and doing business, and that is the goal, to put pressure on the cuban government, because we really havent had a negotiation. Its been a giveaway up to now what does it look like . And that doesnt advance u. S. Interests. What does that look like, in terms of what were supposed to do, in terms of what i imagine has to be a rollback of some of the concessions that have been made thus far . Well, heres some simple demands we can make. The cuban government still has one of the most sophisticated and vast spy networks in the United States. They sell intelligence on the United States to the russians, to the chinese, to the north koreans, to the iranians. How about they dismantle that . The cuban government harbors fugitives of u. S. Law, including a cop killer from new jersey whos there, many others who have defrauded medicare. The cuban government continues assisting the medulla regime, which was major for us in florida. Weve lost up to 4 billion in bilateral trade a year thanks to cubas intervention in venezuela. So, all these things need to stop. And of course, morally, we have to ask the cuban government to respect human rights and cuba to stop beating and oppressing people. So, i think thats the message that the new administration is going to take to the cubans, and its going to be up to them on whether they want a relationship or a onesided deal. Congressman, your parents were cuban exiles, so you approach this from a unique perspective. In terms of the leverage that the u. S. Has, i mean, obviously, a big thing is the economic leverage and basically going back on the executive order that president obama had enacted. In terms of what that could look like, is there a halfway, in your view, where you dont sever all economic ties, but perhaps maybe you curb, for instance, u. S. Business ties or dealings with Stateowned Enterprises and sort cut it off there . Is there a halfway here or is it an allornothing approach, in your view . Well, that would make a lot of sense. Look, Everyone Wants to help the cuban people. What we dont want to do is help the cuban dictatorship and strengthen that dictatorship, because raul castro has one goal to be able to pass along the family farm to the next generation without any disruptions. We know that thats not going to be good for the cuban people and we know its certainly not going to be good for the United States, because this is a government thats been an enemy of our country for 58 years now. Remember, the men in power in cuba today are the same men who had Nuclear Missiles installed in cuba and pointed at the United States. Now, they dont have that capability today and they wouldnt do that today, but this is the mentality. So we certainly need to put pressure on them to disrupt that government, to give the cuban people a chance to thrive and to have a genuine partner and ally 90 miles away that we can trust and really do business with. Congressman, appreciate your perspective this morning. Thank you. Thank you all very much. You bet. Thanks. Coming up, the trump rally rolls on. Dow industrials are at a record high again, up nearly 5 since election night. And take a look at the dow transports, up more than 8 since november 8th. We will talk portfolio strategy after the break. This is my headquarters. This is where i trade and manage my portfolio. Since i added futures, i have access to the oil markets and gold markets. Okay. Im plugged into equities trade confirmed and i have Global Access 24 7. Meaning i can do what i need to do, then i can focus on what i want to do. Visit learnfuturestoday. Com to see what adding futures can do for you. Generosity is its oyou can handle being a mom for half an hour. Im in all the way. Is that understood . I dont know what shes up to, but its not good. Cant the world be my noodles and butter . Get your mind out of the gutter. Mornings are for coffee and contemplation. That was a really profound observation. You got a mean case of the detox blues. Dont start a war you know youre going to lose. Finally you can now find all of netflix in the same place as all your other entertainment. On xfinity x1. Welcome back to squawk box. San franciscos municipal rail system was held for ransom. The Computer System was hacked on friday afternoon and muni riders found out of service and metro free signs on ticket machines friday, saturday and sunday. Computer screens at muni stations displayed a message you hacked, all data encrypted with contact information. As of last night, some Payment Systems and Station Computers have now been restored, but muni conductors were assigned routes by handwritten notes, going back to the old days, posted to bulletin boards. The markets are coming off a week of new record highs again. U. S. Equity futures at this hour are a little weaker, but almost looked like it carried over from weakness in europe, and theyre talking about opec and what happens in italy, blah, blah, blah. Joining us, marianne bartles, head of portfolio strategy. Chris rexler is also with us, fund manage of Needham Small Cap Growth Fund and cofund manager of the Needham Growth Fund and peter bukvar from the Lindsey Group and a cnbc contributor. One thing in your notes, chris, that i wanted to start with, and that is that for the first time in quite a while, you said actually, we havent seen this for a long time. Theres a pro business and investment environment, that it is sort of apparent to people. Because thats what it has to be because nothings changed yet. In fact, were in a recount. Were in recount hell. So, nothings changed, and already were heres my question. I saw an article written that for the next five, ten years, anything above 5 per year for the s p is going to be hard to accomplish because of demographics, because of productivity not growing as it used to, because of valuation, because the world isnt the world it used to be back in the 70s, 80s, 90s or whatever. Do you think something fundamentally changed because of what you said, that pro investment, like, can we actually go back to 3 or 4 growth and a stock market that reflects that . I think were fundamentally changed. We had an election. Expectations have changed. Confidence out there is better. I think busine