What'd You Miss This Week

This week, Jeff Korzenik, chief investment strategist at Fifth Third Bank joined to talk about connecting the Federal Reserve's theoretical policymaking with its real-world impact on the economy. Frederik Ducrozet, strategist at Pictet Wealth Management, came on to discuss the outlook for Europe's economy, the return of Brexit and the real possibility of negative rates in the U.K. Paul Halpern, former CFIUS Director at the Department of Defense and Halpern Analytics founder, joined to talk about the Trump administration moving to ban TikTok and WeChat from U.S. app stores. Then David Hanke, a leading national security and public policy lawyer for domestic and foreign companies and partner at Arent Fox, joined to talk about the impact of the U.S.-China tech cold war on heightened scrutiny for international deals.See omnystudio.com/listener for privacy information.

This week, Ursula Burns, the former CEO of Xerox and current senior advisor at Teneo, joined to talk about her work leading the Board Diversity Action Alliance and why she thinks corporate leaders should be speaking out even more on societal issues. Leigh Drogen, the founder and CEO of the open financial estimates platform Estimize, came to on to talk about how big tech's stay-at-home rally turned into a rout this week and if valuations are really that far off for the sector. Then Exante Data Founder and CEO, Jens Nordvig, joined to discuss the state of the global recovery and whether there is a clear data correlation coronavirus cases and economic indicators.See omnystudio.com/listener for privacy information.

This week, Darrick Hamilton, the Henry Cohen Professor of Economics and Urban Policy at The New School, and Naomi Zewde, an assistant professor in the Graduate School of Public Health and Health Policy at City University of New York, joined to talk about New Jersey Governor Phil Murphy’s baby bonds plan and how it could start to close the racial wealth gap. Viral Acharya, former Deputy Governor of the Reserve Bank of India and NYU economics professor, came on to offer a global economic outlook ahead of jobs day and give his grade for global central bankers. Then Matt Kalish, Draftkings's Co-Founder and President for North America, joined to talk about the company’s new deal with NBA legend Michael Jordan and the Chicago Cubs. See omnystudio.com/listener for privacy information.

This week, Diane Swonk, Grant Thronton chief economist, joined to discuss Federal Reserve Chairman Powell's policy shift to let inflation and employment run higher and whether the central bank could feasibly achieve the new policy goal. Srinivas Thiruvadanthai, research director for the Jerome Levy Forecasting Center, came on to talk about the Center's new report on just how unequal the recovery has been between large corporations and small businesses. Erica Groshen, former Commissioner of the U.S. Bureau of Labor Statistics, discussed the wave of corporate layoffs announced this week. Then Anastasia Seebohm, CEO of the global members-only concierge company Quintessentially Group, came on to talk about how the luxury market is fairing amid the downturn and adapting to the new pandemic reality.See omnystudio.com/listener for privacy information.

Salil Parekh, the CEO of Infosys, one of the largest IT outsourcing companies in the world, joined to talk about how he has handled business being battered by the pandemic and changing immigration policies across the west which have forced the company to pivot to hiring local talent, as opposed to bringing IT consultants from India. Then Chris Ailman, the chief investment officer at CalSTRS, discussed why he thinks the current market is not sustainable and a choppy recovery is coming for everything but big tech as well as how climate change risks affect his investment decisions.See omnystudio.com/listener for privacy information.

This week, Crunch Worldwide CEO Jim Rowley joined to talk about the toll the pandemic has taken on his workforce, his push to safely reopen and why Peleton won't be the end of gyms. The new OpenTable CEO Debby Soo came on to discuss why she is confident that consumer demand will return despite the company's recent data predicting one in four U.S. restaurants will go out of business. Indi Dutta-Gupta, co-executive director of the Georgetown Center on Poverty and Inequality, explained how to institute policy to enable the U.S. economy to recover, but in a more inclusive way. Then Adam Boehler, CEO of the U.S. International Development Finance Corporation, joined to talk about the agency's intended $765 million loan to Kodak, which is now on hold amid an investigation into potential insider trading.See omnystudio.com/listener for privacy information.

This week, Mona Mahajan, U.S. investment strategist at Allianz Global Investors, joined with her outlook - discussing whether the massive outperformance from tech stocks is justified and why she is expecting August to bring more risks and volatility for markets. Tiffany Wilding, U.S. economist at PIMCO, came on to react to the jobless claims and explain why the V-shaped recovery in April and May won't last. Sonos CEO Patrick Spence joined after the company's earnings and said why he is confident of the company's supply chain shift and expects his IP case against Google will go as planned. Then Mark Urquhart, Baillie Gifford partner and fund manager for its Long-Term Global Growth Equity Fund, which has beaten 99% of its peers in three-year annual returns and is currently up 37 percent year-to-date, had a wide-ranging conversation with Caroline about his two decades of experience investing in China and whether the fund's winning formula with big bets on Netflix, Amazon and Tencent, is here to stay.See omnystud

This week, Nick Maroutsos, head of global bonds at Janus Henderson, offered his outlook ahead of the Federal Reserve's rate decision. Nick told us why he thinks the Fed is "the only game in town" as investors are looking past grim economic data and driving up the market knowing the Fed if there to backstop it. Win Thin, global head of currency strategy at Brown Brothers Harriman, joined to talk about why he thinks "all the stars are aligned against the dollar right now." Mehrsa Baradaran, Associate Dean for Diversity, Equity and Inclusion at the University of California Irvine Law School and the author of "The Color of Money" came on to talk about Joe Biden joining calls for the Federal Reserve to expand their dual mandate to factor in racial economic equity and how much impact the central bank can have on income inequality. Then Dina Srinivasan, a fellow at Yale's Thurman Arnold Project, who has authored the papers “The Antitrust Case Against Facebook” and "Why Google Dominates Advertising Markets" joined af

Boris Jordan, Curaleaf executive chairman, joined to talk about how our stay-at-home reality is delivering a boost to the cannabis industry with increased demand and more states considering recreational marijuana for revenue amid budget shortfalls, and what a Biden administration could mean for the sector. Entertainment mogul Steve Stoute, founder and CEO of UnitedMasters and Translation, came on to discuss his plan to upend the music industry by giving artists 100 percent royalties and how the entertainment industry is evolving without live events. Howard University President Dr. Wayne Frederick explained why the school's $209 million debt sale drew so much investor attention, the opportunity for HBCUs amid the push for racial equity, and the uncertainty facing colleges over the fall semester. Then Mooky Greidinger, the CEO of Cineworld, the parent company of Regal Cinemas, joined to discuss his plans to safely reopen theaters and why he thinks consumers will return for the in-person movie experience.See omn

This week, Analog Devices CEO Vincent Roche joined to discuss his $21 billion dollar chip deal to acquire rival Maxim and where he is seeking to gain scale with the combined company. George Pyne, founder and CEO of Bruin Sports Capital, came on to talk about Dan Snyder's decision to retire the Redskins name from the Washington NFL team after years of refusing to entertain the idea and what it could mean for the team's hopes for a new stadium. Michael Chertoff, former U.S. Secretary of Homeland Security under President George W. Bush and current executive chairman of The Chertoff Group, went through this week's high profile hacks with Twitter's worst security breach ever and the news that Russian intelligence is working to steal crucial COVID-19 vaccine research. Then Emily Oster, Brown University economics author and best-selling author of parenting books, "Expecting Better" and "Crib Sheet" talked about the data around children, coronavirus and school reopenings and why the U.S. economy depends on what happe

This week, Chris Ailman, the CIO at CalSTRS, joined to discuss valuations, why he thinks the biggest election risk is a contested result and what he thinks about the recent top-heavy market rally. Nobel Laureate and Yale economics professor Robert Shiller came on to talk about the state of the U.S. housing market and his concerns about price drops over the next year. Then Rob Arnott, the chairman and co-founder of Research Affiliates, joined with insight on tech's out performance over the broader market.See omnystudio.com/listener for privacy information.

This week, Nick Clegg, Facebook vice president for global affairs and communications, joined to react to the growing number of companies joining the advertising boycott of Facebook over charges the platform is not doing enough to quell hate speech. Nobel Laureate Paul Krugman spoke with Joe ahead of jobs day about resurgence of COVID infections, how government programs to fight the subsequent economic downturn have played out in practice and why he thinks the U.S. economy "is in big trouble." Then Caroline put the CEO Spotlight on Dow's Jim Fitterling with a wide-ranging interview about how the company is faring amid the pandemic, his pledge to go carbon neutral by 2050, and how coming out to his workforce and serving as one of the few openly gay CEO's in corporate America has informed his vision of workplace diversity and inclusion.See omnystudio.com/listener for privacy information.

This week, Tristan Walker, the founder and CEO of Walker and Company Brands, joined to talk about being named to Shake Shack's board and his experience as an African-American founder and executive in Silicon Valley. Tina Tchen, the president and CEO of TIME'S UP Now and the TIME'S UP Foundation, came on to discuss expanding their mandate beyond battling sexual harassment to pushing for greater diversity and inclusion in the workplace and holding companies accountable. Kara Hurst, Amazon's head of worldwide sustainability, joined to talk about the company's $2 billion dollar Climate Pledge Fund to invest in sustainable and de-carbonizing technologies. Albertsons President and CEO Vivek Sankaran joined to talk about the grocery chain's IPO and going public in a volatile market.See omnystudio.com/listener for privacy information.

This week, Bill Bratton, the former police commissioner for Boston, Los Angeles and New York City, joined to discuss the federal efforts to reform police. James Norman, CEO and co-founder of Pilot.ly and partner at Transparent Collective, came on to talk about his experience as a black executive and founder in Silicon Valley and how the technology industry needs to change to achieve greater racial equity. Dr. William Haseltine, who pioneered the first HIV/AIDS treatment and developed the first drugs based on the human genome while at Harvard Medical School, explained the cheap, widely available drug showing major promise to treat Covid-19. Then United Chief Communications Officer and former White House press secretary Josh Earnest came on to talk about the airline's efforts to revive the summer travel season and how the private sector can enact policies to fight racial inequality.See omnystudio.com/listener for privacy information.

This week, Ursula Burns, the former CEO of Xerox and first African-American woman to serve as CEO for a Fortune 500 company, discussed how companies should be responding to racial inequity and why she thinks the rhetoric from the Trump administration needs to be offset by real action from the private sector. Bozoma Saint John, chief marketing officer at Endeavor, and Stacey Bendet, founder of fashion label Alice + Olivia, spoke about the social media movement #ShareTheMicNow, which is seeking to amplify the voices of Black women via the Instagram platforms of famous white women in Hollywood, fashion, and politics. Dan Fuss, renowned bond fund manager and vice chairman at Loomis Sayles, came on ahead of the Fed decision to talk about why he thinks low rates are here to stay. Then Paul Hennessy, CEO of online auto sales platform Vroom, joined the day his company went public to discuss the IPO and whether the pandemic will permanently alter consumer behavior.See omnystudio.com/listener for privacy information.

Larry Ivory, the chairman of the National Black Chamber of Commerce, joined to talk about public policy changes that can be made to close the racial wealth gap and enable minority businesses. Roger McNamee, the managing director of Elevation Partners and an early investor in Facebook, came on to talk about Mark Zuckerberg's decision to leave controversial posts by President Trump about the protests on the platform. Catherine Mann, global chief economist at Citi and the former chief economist at the OECD, offered an outlook ahead of the jobs report. Then ZoomInfo CEO Henry Schuck joined the day of his company's IPO to talk about going public amid a pandemic.See omnystudio.com/listener for privacy information.

This week, Bonnie Glaser, senior adviser for Asia and the director of the China Power Project at CSIS joined to talk about President Trump intensifying his confrontation with China while Beijing takes further steps to cub Hong Kong's autonomy. Win Thin, global head of currency strategy at Brown Brothers Harriman, discussed how the rising tensions between Washington and Beijing are weighing on currency markets and the best and worst case scenarios for investors. Sean Casey, vice president for business development at Atlas Space Operations and co-founder of the Silicon Valley Space Center, joined right after SpaceX 's historic launch was delayed to talk what needs to happen to ensure a safe mission and the future of space exploration. Then Adam Ozimek, the chief economist at Upwork, came on to talk about his new report investigating the potential long term impacts of the work from home shift on the labor market.See omnystudio.com/listener for privacy information.

This week, Scott Galloway, NYU Stern School of Business marketing professor, best-selling author and avid podcaster, joined to discuss how the pandemic is exposing and exasperating existing problems within higher education and whether rising tuition costs are approaching moral hazard. The CEO of Porsche Cars North America Klaus Zellmer talked about how the company is adapting to the pandemic, including digital purchases of vehicles. Jesper Koll, the CEO of Wisdom Tree Investments in Japan offered some ETF Intelligence about what to expect as the Federal Reserve moves into ETF purchases and how it compares to the Bank of Japan's playbook. Then Darrin Williams, the CEO of Southern Bancorp, came on after his panel with Fed Chairman Jay Powell at a virtual Fed Listens event, to discuss the effect of stimulus programs in his community and what more is needed to provide economic stability.See omnystudio.com/listener for privacy information.

This week, Christopher Ailman, the chief investment officer at CALSTRS, the California state teachers retirement system, came on to talk about the FOMO rally and why he thinks the recovery will look more like a square root than a V-shape. Richard Haass, the president of the Council on Foreign Relations, joined to talk about his new book The World: A Brief Introduction and the new cold war between the U.S. and China. Then former Minneapolis Fed President and Bloomberg Opinion columnist Narayana Kocherlakota explained why he thinks the Federal Reserve is "being a drag."See omnystudio.com/listener for privacy information.

This week, PGIM CEO David Hunt came on to talk about decoupling between the economy and the stock market and what he calls "the economic consequences of no political middle ground." Michael Dowling, the CEO of Northwell Health, New York City's largest health system and largest private employer, discussed what he would need to see for New York to safely reopen. Hamid Moghadam, the chairman and CEO of Prologis, explained how global supply chains will evolve post-pandemic. Then Wendy Cutler, a former senior U.S. trade official and Asia Society vice president, joined to talk about what President Trump's criticism of Beijing over coronavirus means for U.S.-China trade relations.See omnystudio.com/listener for privacy information.