you are on with david rubenstein. >> i need to talk mr. rubenstein what a delight is program is on sunday evening and what example of a beautiful way to use resources that are great to build up american treasures and add to them. it is a wonderful, wonderful project. i loved everything about the program on sunday, friday nights when he gets his tie straightened and he starts to talk to some interesting individuals about how they made success. very interesting, so thank you very much, mr. rubenstein. >> thank you for your kind words. >> what was eleanor referring to on friday night and sunday night? >> i have a program where i interview people at the new york historical society and it is put on pbs. i have a program on bloomberg tv that is put on pbs as well. >> and the new art historical society program? >> is people who are great writers typically history but not only history. it is about a half-hour interview and a full-length interview. it is a long interview for a history book. >> people who are just meeting you for the first time toni

book tvs podcast and program look and we are joined by the men gestured speaking there, david rubenstein is the cochair of the national book festival. at what point did you decide to become involved with the library of congress and national book festival? >> a number of years ago when jim billington was still the librarian of congress, i made a modest contribution and he asked me to get involved. i got involved as the cochair and eventually the chair of the medicine counsel which is the support arm of the library of congress. it does not have enough money to get everything that it once from congress so they try to get philanthropic support. the medicine counsel is that arm and i have charted for the last several years. >> you have the money to donate because you are an investor. your recent focus how to invest: masters on the craft. when did you start investing? >> i started a large private equity and firm -- private equity firm. i would not say i am a great investor but people in the firm are great investors. this people is designed to give insights into what make people great investors

coming up on the show this hour, we will talk to david rubenstein, the cofounder of washington-based private equity firm carlyle group for a look at how market volatility and macro risks are impacting his business. >>> we'll get a read on the strength of the consumer and the impact of food inflation when we are joined by the ceo of snack power house mondelez let's get straight to the market today's dashboard, mike santoli is at the notwithstaew york sto exchange for us. >> a little bit of a test of nerves leading into tomorrow's jobs reports of course we've had the usual chorus of fed speak, very resolute, very hawkist, but also very consistent message. i don't think there's anything too new than what we've been hearing from the fed except for status quo, which is they're not going to anticipate a turn for the better in inflation. they've got to wait to see, including tomorrow's employment number the market is still in the s&p 500 holding a little bit above yesterday's lows if you want to quantify how much, you know, sort of damage is being done, today we're still churning within yes

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one of the cofounders along with david rubenstein is back into the interim ceo role. succession is tough. it is particularly tough at a founder led firm. there aren't very many places that have done it well. it's much more common to see it shut down and retire. succession of this nature, where they have $150 billion in assets and turn it into an institution that will outlive you is rare. very few examples of at all. alix: it's going to be interesting to see how this plays out. breaking news for us. thank you for joining us. let's head back to the market. the fed should stop its tightening campaign after november. >> i'm totally stumped and mystified that fed officials don't seem to be focusing on the fund rate. that is part of the tightening cycle. it's a mistake when you have the soaring dollar. i think they've got one more in november. that will be at because the financial stability issue will pop up as a primary concern. alix: is this the one with the fed pivots? joining us is david. it's a reference to friends. they are going to have to pivot at some point because

am a senior vice president at the white house historical association and the director of the david rubenstein national center for white house history. the white house historical association is a nonprofit, nonpartisan organization with a mission to educate americans about the rich and diverse history of the white house and the people who lived and worked there. our guest this evening is michael giorgione. mike is a retired rear admiral from the navy's civil engineer corps. he served in a variety of assignments around the world in his 29 year military career. including as commander of camp david. after military retirement in 2010, mike has worked in private industry and now is the chief executive officer of a building information systems technology company headquartered in his hometown of pittsburgh. in october, 2017, he published his first book inside camp david. the private world of the presidential retreat. mike travels often speaking about the book. he has been covered by the wall street journal, the today show, smithsonian, npr, c-span and many other print radio and television out let's.

liz: david rubenstein was on, he h elon is brilliant, playing chess when we're playing checkers.st cases but not on this. we have done research here. there are some who believe that the discovery as you mentioned was not going well. a lot of his private texts were shaken out, among them in the past 24 hours a lot of attention was to the private texts that his ex-wife had been sending him before april. in fact in march, riley, an actress, the ex-wife, can you buy twitter around then delete it please. march 24th. then later she said, or can you buy it and make ratedally free speech. so much stupidity comes from twitter. >> what does that show other than -- liz: now his ex-wife is being brought into it. this is getting too uncomfortable. >> listen he went to war with them. you know, if you go to war with them, if you start putting, going on twitter and attacking the ceo and making statements about they are liars. remember what he said, if you really come down to it, i'm not saying he is totally wrong, but he said they were misrepresenting materially the amount of fake accounts on th

david rubenstein, who gave $20 million to monticello and $10 million to montpelier for mere distinction of color exhibits has also given $10 million to the thomas jefferson memorial for new exhibits. there the anti-racist crick long is coming down pipeline and as southern poverty law center is infamous for mailing their curriculum directly to schools and now those individuals sit on the board in an advisory council montpelier. they would have that strategy to get back curriculum directly to the schools without parental knowledge so. i think parents need to be vigilant in recognizing that this could come to their school heritage has a for how to identify race theory. we have put together a supplemental parental guide for this report for parents. if they are going these sites what they need to in advance and what they expect. so but overall, i think this is part of a large project to tear down our history and that we need continue to push back. brenda, what about also making this political sense that people who visit these sites contacting their legislators, the governor of virginia and o

spoke to david rubenstein a couple of days ago saying these levels will eventually go higher if you gotg-term perspective. >> so much is your timing and the concept of how you trade. if you trade leverage, the all clear sign is not there. it takes a lot of courage and i would encourage people to bet small. if you are looking at this over a 15 year horizon, i still think stocks haven't hit their low, but, what are we, 15% may be from where they finally go, 20%, so if you are looking at a 10 year horizon, sure. to your notes at 4.5 percent, probably a decent buy even though they could go a little higher. again, it all depends on the type of investor you are. shery: the japanese yen holding at that 149 level, very close to 150 at the moment against the u.s. dollar. this as we continue to see the boj holding onto ultra-loose monetary policy. this is bloomberg. ♪ shery: this is "daybreak asia". we are counting down to asia's major market opens. we could see pressure coming from the wall street trading session with the s&p 500 reversing the gains we saw a earlier in the week. of course, this

and, lisa, i do not understand to this day -- i remember davos years ago, a conversation with david rubenstein, inner nation mergers versus other mergers, and we are nowhere near either of those now. lisa: part of this is because of stories, like in germany everyone has kids bundesbank. how much is that a story around the european continent? we are seeing u.s. banks do well. how much is that sustainable given the pushback, saying you guys have to give more savers. at the same time they come out and say, our resilience is what is keeping us going in the reason we have not seen some explosion in markets. tom: the word i would use is festering. futures up 85. dow up. even the nasdaq leads the way, 2.5%. it is off the bottom, but there is so much technical damage i cannot call this resistance. lisa: i am not getting that much of a signal from certain swings we have seen in the market over the past couple of sessions. i am getting a consistent message from the bond market, which is inflation is prevalent and you are going to see this federal reserve raise rates more aggressively when people thought

who is a senior vice president at the david m. rubenstein national center for national history of the white house historical association. doctor shogan is a trained political scientist, with a ph. d. in american politics from yale university, as well as a bachelors degree in political science from boston college. she has almost 15 years of service and the federal government, including prominent roles with the u.s. senate as well as the library of congress. doctor shogan teaches government students at georgetown university and served as vice chair of the women suffrage centennial commission. another feather in her cap and an illustrious resume is that she currently serves as the co-chair of the board of directors at the women suffrage national monument foundation, designated by the congress to build the first memorial in d. c. dedicated to the history of the movement for women's equality. it's a huge deal. to begin with our panelists, we have a lane rice bachmann. she is a state archivist of maryland and a coauthor of a wonderful book, design

they are the leadership of our david m rubenstein national center for white house history, which is the scholarly academic center of our work, our education programs, our digital library, our historians, of course, and so much of the important work that is outward facing in pushing wonderful content like this out, not only to a roomful of people, but to people watching across the country. i'd also like to thank more fully than just mentioning them as i did earlier, the national trust for historic preservation, for collaborating with us to carter house, this extraordinary historic building that you entered through this morning is actually owned by the national trust. and we are very honored, in fact, humbled and privileged to maintain this as a co steward with them of this amazing asset and property and we try to take very good care of it as if it's our own. we don't treat it like an airbnb or anything. so we do take very good care of it and respect it for its history and for our wonderful partnership with you, paul edmondson and katherine malone, france you'll be hearing from today are