David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . Jamie, lets talk about your background a moment. You started out, your father was a stockbroker, and you started out with some background in this area, but did you ever consider going into banking . Was that always what you wanted to do when you went to Harvard Business go . Jamie no. I knew more what i didnt want to do. I didnt want to be a doctor or lawyer. I wanted to be part of building something. I grew up around stockbrokers and wall street and stuff like that. And my dad, who passed away recently gave me you should try this one they take an annual report, get the end of year report, rip out the price, analyze it, and you will be humbled, immediately. Do it a couple of times. I was always in the financial wor
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . Jamie, lets talk about your background a moment. You started out, your father was a stockbroker. You started out with some background in this area, and did you ever consider going into banking . Was that always what you wanted to do when you went to Harvard Business school . Jamie no, i knew more what i didnt want to do. I didnt want to be a doctor or lawyer. I wanted to be a part of building something. Obviously, i grew up around stockbrokers on wall street and stuff like that. My dad, who passed away recently, he said jamie, said you should try this. Get an annual report, rip out the part that has the price in it analyze it, and you will be , humbled, immediately. Do it a couple of times. I was always in the fina
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job running a private equity firm. How do you define leadership . What is it that makes somebody tick . Jamie, lets talk about your background a moment. You started out, your father was a stockbroker. You started out with some background in this area, and did you ever consider going into banking . Was that always what you wanted to do when you went to Harvard Business school . Jamie no, i knew more what i didnt want to do. I didnt want to be a doctor or lawyer. I wanted to be a part of building something. Obviously, i grew up around stockbrokers on wall street and stuff like that. My dad, who passed away recently, he said jamie, said you should try this. Get an annual report, rip out the part that has the price in it analyze it, and you will be , humbled, immediately. Do it a couple of times. I was always in the fina
Shery lets head to the markets desk were julie hyman has the latest. We are still at record highs. Julie for the s p and the dow. The nasdaq is not at record highs but it is turning positive. The s p at 2153. Point the dow did touch an intraday record. Not only do you have this Risk Appetite on market, you also have it on relatively high training volume. Trading volume. Overall for the s p volume is up about 6 but you see the surge in volume of material stocks, 76 higher than a 20 year average and the same thing on industrials. Even as we approach these record highs, it is worth mentioning what is going on with valuation for the us you 500. S p 500. We are just a hair shy of 20. We have seen valuations pushup during this current rally. In terms of todays session and what is getting the most, we have seagate after they announced an expansion of job ana lot of the American Airlines saying its will be boosted because of a new agreement with credit card providers. Scarlet getting back to t
Bloomberg exclusive, three hours to set you up, but first, a look at the markets. Yields moving higher from here. Mark lets get you up to speed. Futures on the front foot at the moment, firmer on the s p 500 after yesterdays alltime high. Look at the moves in japan. The nikkei up by two point five Percentage Points and it is a twoday rally up over six fourth Percentage Points. More stimulus potentially from the japanese government. The nikkei rallied and the yen declined. Weaker japanese yen and the dollar yen trading with a 103 handle an approaching one of four. Cable rates gaining as well. The pound doing very well. It is a firmer story for risk assets, but this is what i find the most interesting. We talked about highly correlated markets, equity markets at record highs and bond yields at record lows. Today is different. Equities on the front, bond on the back, little defensive. Yields going much higher. 30 year yields up seven basis points. Yesterday, there was an auction of threey