francine: what is emma grede going to do in five years? [laughter] emma: i don't know. lie down?one second. [laughter] emma: no, it is true, i will find something else. you know, i am really focused on a lot of my nonprofit work these days. i am the chairwoman of an incredible organization called the fifteen percent pledge, which is really focused on creating some semblance of balance in the world of black-owned businesses, figuring out how they can show up in retail with more balance. and i honestly believe that anyway i can use my voice, my influence, and the knowledge that i built over this time for good is a good use of my energy. francine: why is it so underfunded still? emma: you know, it is so interesting, because it is about access. i think about this all the time, talent is fairly evenly distributed, opportunity isn't. it is about leveling the playing field. we come back to that same idea, who gets to be an entrepreneur, who gets to make decisions? i believe the more we can open that up, the better it is for everybody. and they have proven in my businesses that diversity

francine: emma grede, thank you so much for joining us today. might not expect that the

francine: emma grede, thank you so much for joining us today.elcome back to "the china show." half an hour into the session, we are tracking declines. really joining in on this global equity rally or selloff i should call it, down 1% when it comes to offshore stocks. even a surprise cut to that, left, a 20 basis point cut, not doing much to change sentiment. it is that you westech lead drop that is driving everything. the yen rally is really drowning the carry trade's, so there is a lot on tap here today to really step away. david: i mean, the stars are aligning in a bad way for japan with a stronger yen. you probably saw this on your terminal, a chip down and japan, lower limit after two humanist,

emma grede, thank you so much for joining us on bloomberg. emma: thank you so much for having me.e: this is so exciting. i mean, you represent so much for so many people. everything you touch, all the businesses you touch turn into gold. did you ever think that you would be such a success? emma: no. and that is mostly because most of the businesses that i touched early in the days didn't turn to gold. [laughter] i love this idea of overnight success and i feel i would love to continue to perpetuate that myth, but i have just done a lot, and it has been a lot of trial and error along the way. and i feel i have probably done every job imaginable, from having a paper route when i was 12, to working in a deli, to working in shops, to starting things that were less successful, to starting things that had medium success. i feel like that has been a long journey and i am really thankful that now i am 41 years old and i am starting to see this type of success, which is really great. francine: you always wanted to succeed. is that what actually makes your success? emma: you know, i think s

emma grede, thank you so much for joining us on bloomberg. emma: thank you so much for having me.e: this is so exciting. i mean, you represent so much for so many people. everything you touch, all the businesses you touch turn into gold. did you ever think that you would be such a success? emma: no. and that is mostly because most of the businesses that i touched early in the days didn't turn to gold. [laughter] i love this idea of, like, overnight success and i feel i would love to continue to perpetuate that myth, but i have just done a lot, and it has been a lot of trial and error along the way. and i feel i have probably done every job imaginable, from having a paper route when i was 12, to working in a deli, to working in shops, to starting things that were less successful, to starting things that had medium success. i feel like that has been a long journey and i am really thankful that now i am 41 years old and i am starting to see this type of success, which is really great. francine: you were always starting the journey, and you always wanted to succeed. is that what actua