Markets, unpressure this morning, due to the escalating situation in ukraine. Monthly increases in consumer income and spending not making a dent. Warren buffett says hes not discouraged about the markets today or in the future. Citing slow but steady economic improvement. Find out what else hes thinking about. Apple rolling out Carplay Technology with mercedes and ferrari . Futures pointing to a sharply lower open, thanks to ongoing instability in ukraine and russia. This, despite monthly increases in both consumer income and spending. Jim, we knew monday was going to be interesting all weekend long. This is not the kind of thing you prefer to focus on but its whats on the table. We got lucky. We had one of the most amazing three hours ive ever seen on our network where Warren Buffett really just basically laid out the cards at the annual letter, also fantastic. But his take away was my takeaway, this is business as usual. Talking about buying something in london, too, was more impacted than we are. Look, if youre trading ruble, if youre trying to figure out whether to the level to buy yandex, concerned about the Energy Situation in germany, yeah, i mean maybe not time to pick things up. I agree with Warren Buffett. Not hard to do, obviously, given his longterm track record. This is where you pick. Youre getting a chance. He had a big selloff friday afternoon and he kind of rallied in the last half hour. If we get those prices again at 330, count me in. Count me in. Fixing my collar here. Always important that you look well in the morning when delivering and trying to opine and provide insight. The clothes make the man. Of course on that note, studying up on ukraine and crimea and russias history with it, and what khrushchev did in 54, whether he gave to them, whether thhe didnt want to dea with it. This forces money manages are to hit the history books. My producer, ukraine is actually i read the stories, warrens say, remember, 50 of the whole country is russian and the crimea is russian. So, this is kind of a apparently theres questions about resources and they use a lot of water in crimea. Ukraine. A lot of gas goes through the whole area. Theres where the stranglehold is. But lets remember that we have seen time and again crises in other countries that have driven down our markets and we were at alltime highs last week and had a series of crises. Is this more different, is this that difficult versus the Dennis Rodman basketball situation with north korea . We managed to survive that. I dont know how. One wonders whether the markets will have an impact in russia as the ruble falls to new lows, as the stock market gets hit very hard. I have no idea whether mr. Putin cares. But its interesting to watch. There is something really you came back from sochi, isnt it interesting the timing . What was the olympics have been like if we had been would the u. S. Have pulled back . Paralympics continue now, an interesting place to be reporting on sports. We are mentioning and keep our eye on ukraine. Jim maceda live in moscow with the latest. Good morning to you. Reporter hi, carl. Theres a lot of talk about ukraine being on the brink of war, and heres why. Right now there are thousands of Russian Forces who have either occupied or surrounded crimeas airports ferry ports, Telecom Towers and government buildings. At the same time surprise war games are still going on, which means about 150,000 troops and 900 tanks through the equation, continue maneuver as long ukraines border with russia. Its adding more risk of a misstep. Putin himself observing games near st. Petersburg today. Supposedly the last day of the games. Well see whether thats true tomorrow or not. Now putin has another weapon, he can legally use force because of a law passed over the weekend, anywhere in ukraine, not just in crimea. If he decides that the russian interests are threatened. On the or side of the standoff youve got Ukrainian Military, theyre big, second largest in europe, on high combat alert. There is a mass callup of all men under 40 going on as we speak. Over the weekend, ukrainians Prime Minister called putins action in cry meimea a declarat of war. This is not a game. Ukraine is on a war footing. So far its been more of a war of words and nerves, not a shooting war, that putins taken crimea, in fact, without firing a shot. And now theres one that i think positive sign out of all of this, and that is that putin has agreed that telephone call to german chancellor merkel to call a contact group, international observer, stamall group would he a small dialogue between kiev and moscow, which isnt taking place now, but could be a breakthrough, well see. Jim maceda today in moscow. Warren buffett speaking out saying hes not discouraged that the markets under pressure today. Also commenting on the Keystone Pipeline, saying he would vote yes to approve it. Do you think keystone should be a would vote yes. Wyou would vote question for keystone. Energy and job creation, pipelines an Energy Renaissance what jims pointing out. I dont believe in the Keystone Pipeline because of the you can build anything and create jobs but i believe i just believe its a useful pipeline. I was going to say he agrees with you, i hear your name, i think it was you, jim. Thank you, becky. Amazing job by becky. This is important, burlington, railroad, theyre bringing thats a big oil railroad. But hes a huge pipeline owner. This is important because this is a nonpolitical guy, not like jim cramer but this is right thing to do. And obviously its all up to the president. But i thought it was interesting that he didnt say it was a jobs, it was common sense way to get oil. And when you look at whats happening in europe, dont you wish germany, dont the germans wish they had continental independence of russia. Wideranging interview this morning. Covered bitcoin he doesnt think bitcoin will be around in 10, 20 years. Wasnt that something . Coke has pressures ahead, like theyve never faced. Pepsi should stay under one roof. Interesting story from jim stewart in the times s about cokes challenges. Warren buffett pointed out international is the way to go. But i think jim stewart also mentioned, the jim stewarts piece is saying, this is the twilight and that the United States is the leader, so dont believe other countries are going to continue to drink as much. When i went to mexico carbonated beverages. Mexican tax was against obesity, mexico forward country since change in leadership, this is happening right now, happening worldwide. The critics, of buffett who are upset about his lack of transparency on derivatives, right, all of those things, tax inefficiencies that they worry about after he passes, when he passes. I think people have to read the shareholder letter. Hes underperforming, look, in 2000 in 2008, he was down 9. Market down 37. 0. He says overand over, my jobs not to shoot the lights out during the upmarkets but protect the downside. If you read the letter and think real problems with transparency, he mentions the terrible texas deal he was involved in. Energy partner had to take a writedown. He shows you how he makes decisions. Read other annuals, other annuals are about, we have a pretty good toothpaste, you know . Others are about dont rule us out against the our food wars because like were still selling a lot of tvs. Honestly, its like, hey, open up, make folksiness. Like the intelligence. Hes 83 years old. We should all be so lucky to have that kind of a brain still operating at that age. Talking about how ache approaches new ideas. They had a conversation about stocks, which about directv. I loved it. Talked about insurance in the letter. But how its cutthroat. Fischman would argue, yes, not there are just a lot of little nuggets about why he likes certain physicists. And the idea they need to make large acquisitions but along the lines of heinz, they partnered, more over time, but perhaps a model for future acquisitions. For a company to move the needle it needs to be pretty big. Its interesting to shut applauup about that so valuations come down. What do people want . Invite three journalists, a credential bear what do they want from him . What more does he have to do . Basically talk talk about what he does on a daytoday basis. I dont know, people read some other reports. Youre not getting this level of grantlarty. Forbes out with its billionaires list. Well discuss that with the Magazine Editor . The former chair of Goldman Sachs, jim oneill, who better to talk about geopolitics in ukraine. We know what the tone will be. More squawk on the street in a minute. R how ta the building is, or how ornate the halls are. It doesnt matter if there are granite statues, or big mahogany desks. When working with an investment firm, whats really important is whether the people behind the desks actually stand behind what they say. Introducing the schwab accountability guarantee. If youre not happy with one of our participating Investment Advisory services, well refund your program fee from the previous quarter. Its no guarantee against loss and other fees and expenses may still apply. Chuck vo standing by your word, thats what matters the most. We do . I took the trash out. I know. And thank you so much for that. I think we should get a Medicare Supplement insurance plan. Right now . 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Federal government in washington, d. C. , shut down due to the weather. Weather channels jim cantore live in d. C. He brings us the latest from there. Jim . Reporter good morning, david. Kind of a nasty one. Expecting 3 to 7 inches of snow, weve got an inch and a half on the ground. Of course, it continues to come down in earnest. Look back and you can hardly see the capitol. I mean its very, very low in terms of visibility. Winds gusting to 35 miles per hour. We went from 37 at midnight to now 21 degrees, which is incredible cold. Well get down to Single Digits tonight, possibly record low the storm is impacting a swath from california across the plains and really from just south of new york down through philly and into d. C. Probably further. We can wind up in a situation here where some of the heaviest snow totals may be to the south of d. C. , which is pretty rare for the month of march where you average 1. 3 inches. Well see 3 to 7 here before all is said and done. Most places will see about that. Weve got 5 inches in gaithersburg. Roads behind me arent bad. Remember, theres no hills here. This is all pretty much straight here on 4th avenue. Obviously covered and packed. Underneath all of this snow and powder at 21 degrees, its absolute ice. Imagine if youre in a car, rolling over this thing time and time again, you pretty much pack down this icy cake whether it be a sidewalk or a road. So anybody that doesnt get this stuff up before tomorrow morning, were talking about sing Single Digits. Over 2100 aircraft not flying because of the weather. 62 of outbound fleet at reagan canceled today because of weather. We may get improvements afternoon time today here but again the cold and refreezing of all of this that has everybody worried for tonight. Good news. Back to you. In like a lion, as they say. Jim cantore in washington. Apples coming to your car. The Company Making a big move introducing carplay. A new way to use your iphone in your vehicle. Carplay will debut first in ferrari, mercedesbenz, volvo and allow drivers to make voice calls or dictate messages with siri. Third Party Services leak spotify and i heart radio. We know how big a market this is. Look, i think all of us who are hooked up and love to make the calls, one of the cars i have, great recognition with voice already. This is a terrific thing to have. At the same time, those are not mass cars. No. You know the cars a battleground. We talked about it a lot. Its clearly something in the focus for apple beyond just mapping technology. Theyve got lots of competition. Theyve got selfdriving ones. In terms of the phone business, everybodys talking about Ellen Degeneres holding a samsung during oscars, taking that selfie, which is the most retweeted tweet of all time. Reports that she was caught using an iphone backstage, though samsung was a huge sponsor of the show last night. I think that maybe thats the its another twitter night, i wouldnt be surprised that twitter rallies today because of that cultural influence which does matter in america. A big social media editor i know wrote last night was night that twitter beat facebook in the social culture tv war. Is that true. Look, i think that theres a lot of room for winners. I do believe that twitter, the fact it didnt sell down after that last quarter, people believe theyve got a lot of things cooking. They think theyll take on and succeed in fixing the user growth problem. Right. Which is still an issue because its complicated. True. Its not as easy as it should be. Guys that are most influential, adam scheckter, a good friend, but what this is, thats how you get news. Scheckter is news for fantasy news, thats what you need. You need to see people who dont tweet getting on twitter to get that info. Interesting psychological. First trading day of the month. What stocks will we be watching . Mad dash next. 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I mean, the rest of the company would be strengthened by getting rid of red lobster. This is not two minus one equals two different pieces that could be good. Its two of which the darden leftover is excellent, but like when you split out cola, he would say the portion of alcoa you dont like, might go under. Do very poorly. This darden split up is not i dont think that the shareholders would want this. I really dont. Trying to get them to have a shareholder vote on it or a proposal that would at least show dissatisfaction amongst that base for they say, listen, were not going to do Real Estate Investment trust thing. Other numbers are bad. Maybe thats the issue, numbers are bad. Theyve been bad for a while, even before bad weather. Well be watching darden with many others. Opening bell, right here on squawk on the street. So our business can be on at ts network for 175 a month . Yup. All 5 of you for 175. Our clients need a lot of attention. Theres unlimited talk and text. 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Get the most extensive charting wherever you are with the mobile trader app from td ameritrade. Watching cnbc squawk on the street on monday morning. Live from the Financial Capital of the world, k