Good morning, I return immediately from the Festival and the idea of Aspen, where I had the opportunity to talk to so many leaders provoking thinking about how they move through this climate. I will share some of these insights later this week. For today I want to point out the conversation I had with the observed economist Nouriel Roubini, Carlile Group Co-founder and co-advantage David Rubenstein and Arjun Sethi, Ko-General Manager of Cripto Exchange Krakeken. Topic: Which wealth will look like tomorrow.
Roubini (known as Dr. Doom to predict the financial crisis), recently became dr. Boom for his opinion that the Renaissance technique that was guided by the technologies for the American economy eventually lead to 8% of GDP growth. “I’m a countermart,” he said, noted that technological drivers of innovation working right in America can also create losses to work that can require universal basic income.
Rubenstein spoke about the prefabricated debt of this country and the strength of the dollar, while there was a long-term economic defense sector. “In the future, we will not measure the wealth of people how much money they have.” Instead, he said, wealth will be measured by the length and health of one’s life. “In 10 or 20 years we will be able to tell you how long you will probably live,” he said.
Sethi spoke about the democratization of capital access and trading through the crypto and continuous challenge of the Regulation in construction products and perform things. “If you went to China and built a robot, it should be less than six months. While it could take two years in the US,” Sethi said, which has the number of seconds in the daylight. “I play my lawyers more than anyone else.” Here you can watch our complete conversation.
More news below.
Telephone Executive Director via Dian via Diana Brady at diane.bradi@fortune.com
Top news
10 days to continue to continue tariffs
Agreements with those about ten countries are expected to be in effect before the deadline of 9. July. But most of them are agreements on naked costumes that will require future negotiations. The United States will send countries that did not bring an agreement letter to them about what the conditions of the US are. Trump said the tariff levels would be 25% or more.
Canada ends digital tax after Trump threat
3% Tax Tax targeted American technical companies. Trump had Cancel conversations with Canada On Friday and Sunday, they said that they would not continue “until the moment they give up certain taxes,” he said in Fox News. “People don’t understand, Canada is very nasty to deal with.”
Jump taxes and tariffs
The Senate was advanced by the President Donald Trump’s vacation plan for tax breaks and consumption during the weekend, and Trump pressed legislators to complete the bill until 4. July. In other deadlines, news, Trump said They would rather send letters to countries in terms of their rates on the upcoming tariffs than to expand the 9th. July.
Trump’s big wonderful account could add $ 2.8 trillion in debt
It’s According to the new assessment by the Budget Congress Office. The White House claims to reduce the deficit.
Trump restores his attacks on Powell
President re-insulted The chairman of the American federal reserves for storing interest rates at 4.25%. Calling Jerome Powell “Stupid Person” and “bad person” on Fox Sunday, Trump said, “we should be 1% or 2%.”
$ 1 Billion for sale Nvidia Insider
During the last 12 months, top managers on chippers have sold out Hundreds of millions in the previously planned sale of shares, FT reports. Only this month was held on sale in the amount of $ 500 million. The Director General of Jensen Huang sold the stock last week since September.
Happy Birthday for you, Elon
Tesla Model and drove From the factory in Austin to her new owner, who waited 30 minutes. This “fully autonomous delivery”, as he divided the CEET’s entire Musk, was the first for the company of the car – and the turning point was the early birthday present for Musk, which turned 54 years ago on Saturdays.
Mamdani’s attitude to billionaires
In an interview with NBC, a candidate for Mayonatel in New York City Zohran Mamdinani divided If the anti-billionaire, like “It’s so much money at the time of such inequality.” Mamdani, self-proper democratically socialist, continued to say, “I look forward to working with everyone, including billionaires, to make a city that is fairer for all of them.”
Markets
- S & P 500 Futures This morning has increased by 0.37%, SMENDERT. The S & P 500 Closed 0.52% on Friday, hitting a new record high (6,173). UK and Europe The markets were wound in early trading. Japan Nikkei 225 It rose by 0.84%. Major China The indices were, as well as that South Koreabut Hong Kong and India were down.
By analysts
- UBS on American fiscal stability: “The American Senate tries to pass the budget. Markets will keep an unsustainable path (the ideas of deficit decreases mainly in some very heroic. The American authority is at the time to donate in the pate to donate.
- Goldman Sachs Global Markets: “Basically American inflation is lower than expected; measures the measure of the insecure measures to which the fragility in the long end ending of global bonds.
- PANTHEON Macroeconomics in business operations: “The US Senate is trying to pass a budget. Markets Expect This Will Keep The US Fiscal Position On An Unsustainable Path (Ideas Of Deficit Reduction Generally Rest On Some Economic Growth And Tax Revenue). As US Debt Levels Grow, It Is Worth Remembering that Private Sector Wealth is at a record high. The US Government May, In Time, Seek to Mobilize That Wealth to Finance The Growing Deficit, “Per Samuel Tombs and Oliver Allen.
Around the cholera
Investors in K2 have been ejected investors from American funds for bonds, but long-term cash registers can be easier soon Author Greg McKenna
Ford CEO Jim Farley says Waymoin access to self-riding has more sense than Tesline From Jessica Mathews
Victoria’s Secret hired the Superstar General Director to turn to the flag brand. But 50% drop in shares has activist investors who circulate Author: Lila Maclellan
“Twilight” Superfani bought Bella Svan House for $ 360,000 – now get $ 140,000 per year in gross income that rent the final collector Author: Emma Burleigh
The General Manager of the wage was drawn up and edited by Nina Ajemian and Jim Edwards.
