The highest calling of mankind, ive often thought, was private equity. [laughter] and then i started interviewing. I watched your interviews, so i know how to do some interviewing. [laughter] ive learned from doing my interviews how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said fine. I didnt negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] and how they stay there. You dont feel inadequate now because being only the second wealthiest man in the world, is that right . [laughter] one of the most admired, respected and busiest Global Leaders in the world is mark carney. He served for a number of years as the governor of the bank of canada. For a number of additional years as the governor of the bank of england. He currently serves as a special u. N. Envoy for climate finance. He also chairs Brookfield Asset Management. I had a chance to sit down with mark, recently to talk about how , he does these th
Are always underestimated. People do not know exactly what to expect. Francine leena nair is in charge of one of the most exclusive Luxury Brands of the world, chanel. The french fashion house, known for its iconic designs and fragrances, made the avantgarde move to appoint her to the top job. Previously a Human Resources veteran, she spent three decades at unilever before switching from the world of fastmoving consumer goods to haute couture and beauty. The firms history is legendary, from its founder, gabrielle, or coco, to its fans, including marilyn monroe. For leena nair, its a chance to make history. Leena i want to change the world but look good while doing it. Francine on this episode of leaders with lacqua, i speak to leena nair about her professional and personal journey, how it defines her leadership style, and her unique approach at the top of luxury. Leena nair, thank you so much for joining us here on bloomberg. Leena delighted to be here. Francine whats it like being a c
Also. We are tracking the potential job warning, in response to what we are seeing in the yen, jgb yields as well, continuing to move higher and closer to the 1 mark. Suzuki saying they are committed to achieving the Fiscal Consolidation goal. What else we are watching, it comes down to expectations around where the boj goes next. We have been hearing from you next to the my chief economist at the bank, saying that doj could raise rates as soon as june, maybe even space for rate hikes four 2024. Today in the session, we are watching the japanese yen and also keeping an eye on equities, a little under pressure so far. Still monitoring from earnings. Key to track will be whether that doj cuts its bond buying neck he saw on monday. Given the backdrop of the weaker yen, the yield gap between japan and the u. S. Japan, lets switch nmc switch and see how south korea is trading. The outlook is a bit weaker, not quite the magnitude of the dump that can japan so far, but still the kospi is 0. 2
Good morning. This is daybreak europe. These are the stories that set your agenda. Global stocks rallied with the s p 500 hitting a new record high as cooler u. S. Inflation reinforces bets on fed rate cuts. Slovakias Prime Minister in the hospital after an attempted assassination. The shooting brutally exposing the widening the political divide in the nation. Vladimir putin is getting the red carpet treatment in beijing as he looks to xi jinping for backing in his war against ukraine. Lets check in on the earnings stories. We are keeping an eye on the geopolitics. Siemens on the redhead coming through, they will be selling part of their business, one of their Portfolio Companies to the private Capital Group k ps. This is a maker of engine drives. On the second quarter, in terms of the profit coming through for the industrial business, that is a miss for siemens in the second quarter, also a redhead across the terminal, 2. 5 one billion euros. The estimates were 2. 7 6 billion euros. A
Apple. Lets check in on the markets and tech is the laggard of choice. The nasdaq 100, down 1 10 of 1 and we know stocks sometimes struggled in the face of raising bond yields. A look at the 10year yield pushing to 2007 highest so we are anticipating strong data we have seen out of the u. S. The macro picture looks better and that means ultimately, what that means for the federal reserve. We are looking at crine shares. China itself trying to stimulate it economy and the u. S. Are trying to impede its technological knowhow. Lets look at the individual areas of risk assets we like to focus on. With bitcoin, we have had a wild ride. His larry fink is larry fink on the side of bitcoin . Certainly. It looks like he moved to a place of solace and an area to be seen as safety and that is what seems to be talked about with the head of backlog head of blackrock. Ed there is a lot in the new cycle that is pushing individual stocks. Lucid ev maker saw it production drop 30 and casting doubt abou