francine: in this episode of "leaders with lacqua," i speak to robyn grew about diversity, purpose, and what the future holds in an ever-changing world. robyn grew, thank you so much for joining us on "leaders." the world is a bit strange. there are so many poly-crises, or whatever you want to call it. it is just difficult to get a handle of what comes next. robyn: yes, yes, that would be the shortest answer i could ever give, yes. it is difficult. i think that if this year has taught us anything, it is that prediction is not our strongest suit, perhaps, and that is not just in relation to markets, but in relation to these big geopolitical events that we are still living with. francine: but it is quite incredible to think that we are in a better place. i feel like, every six months, there is like the doom and gloom crew saying, this is it, interest rates have gone too much, and we need to reevaluate what happens next, and yet the economy holds. robyn: i think that's right. i think when we talk about it and we have this conversation about higher for longer, which i still say out loud and

francine: in this episode of "leaders with lacqua" i speak with emma grede about her rise to the top, how she measures success, and why diversity remains elusive in the world of fashion. emma grede, thank you so much for joining us on bloomberg. this is so exciting. you represent so much for so many people. 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 earlier in the days did not turn into gold. [laughter] i love this idea of overnight success and i feel i would love to continue to perpetuate that, but i have just done a lot and there has been a lot of trial and error along the way. 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, i feel like it has been a long journey and i am thankful that now i am 41 years old and starting to see this type of success. which is really great. francine: you always wanted to succeed. is that what actua

investors have gathered this second bank of america global investor summit in war -- in rome, francine lacquaere. good morning. francine: good morning. we are delighted to be here in beautiful rome talking about finance and the challenges ahead. i'm delighted to be joined the president of international bank of america. thank you for giving us a little bit of your busy day. there's a lot going on. looking at data out of the u.s. fed inflation, geopolitics. you go around the world and you are in charge of bank of america outside the u.s. what do your clients worry about the most? >> it's great to be in rome. we think about the pace of slowdown. there has been a disconnect between what central banks have been signaling on what the markets are pricing in. that's one thing we can come back to. geopolitics is complex for people in finance. not things we have to tip over or not. we look at indicators like oil markets not moving very much. you wonder what future elections might bring through. in each of the suite -- c suites, i say they are probably a talented group with a lot of crises. i think supp

annabelle: that was the black rock vice-chairman speaking exclusively with francine lacqua and looking market action today because the moves we are seeing referencing what has been the overarching theme this week is the expectation that inflation really is starting to move into the rearview mere for a lot of major central banks and that has been prompting gains in the u.s. and we are seeing a bit of a flow on in the session. nikkei futures coming online, .6% to the upside. and a different tale, japan's inflation story, we see it rising at the fastest pace in four months. core inflation up to .8%. we have the rba stability review of the financial system do later today. haidi: take a look at some of the geopolitical stories. top israeli officials say his country will invade rafah no matter what the u.s. says. speaking on a u.s. podcast, the israeli official says israel will finish the job and defeat hamas. it is said he will head to washington to look at concerns of the biden administration over a potential rough invasion. china and russia have been told that their ships can sail through

here is some of his conversation with francine lacqua.rn would be central banks being too dovish, early on, in terms of not raising rates and shrinking balance sheets fast enough. as inflation is coming down, and i think they have air cover, they will be patient. they don't want to be too quick this time to simulate things -- stimulate things, bring rates down. we could see more of a slowdown, that's a possible risk. as investors, it's interesting, one of the things that i worry about is we wait too long, particularly in some of the sectors with a bigger decline in value and people are more cautious. we had a meeting this week with the growth equity team where we talked about the activity in that space where the investors are cautious. commercial real estate. i'm sure we'll talk about that. the sentiment has gotten quite negative and the fundamentals feel like they are bottoming. as investors, sometimes one of the risks is that you miss it by being overly cautious. now is probably a good time, before rates come down, to move. francine: mo

: that was the black product -- blackrock vice-chairman speaking exclusively with a colleague francine lacqua back to markets. a check on asia tech in particular. tech stocks getting a hit in hong kong. the hung sang tech index down more than 4% on u.s. sanctions risk. reports suggesting that the u.s. is probing smic for its trip in huawei funds. u.s. has also said it is mulling blacklisting a number of chip companies linked to huawei. that's impacting sentiment. hstech down by more than 4%. hung sang index also lower. property back being a risk to the market. still to come, an indian opposition leader has been arrested weeks before national elections. we have the details. stick around. this is bloomberg. ♪ [sfx: wind, rain and rolling thunder] nobody's born with grit. british announcer: rose is really struggling. it's something you build over time. american announcer: that's 21 missed cuts in a row. [car trunk slammed shut] for 88 years, morgan stanley has offered clients determination and forward thinking to create the future... crowd: stop it! ...only you can see. american announcer: rose,

. >> that was the blackstone president and coo jonathan graves speaking to bloomberg's francine lacqua course as we have been discussing, the focus today for japan is going to be on the results of the union wage negotiations. the labor union negotiations around salary gains in japan. the indication is we are going to see strong numbers based on the individual companies, we had reporting across the course of this week. now we are hearing from the finance minister suzuki who has been speaking in tokyo. so far he is saying they have seen strong pay hike move in the wage talks as something they are closely tracking. the boj is very closely tracking it because it's going to play very closely into their decision of whether to exit negative policy settings next week. suzuki again saying he thinks this year's wage hikes are likely to outpace last year's. around 3.8% last year. the government of course going to continue efforts to sustain wage momentum. there has been criticism and pressure on the government to do more to help with cost-of-living pressures. but suzuki saying he's going to refra

francine lacqua will give you a budget program at 7:15 eastern. everyone outside of the u.k.s and we will talk about everything else including the chairman of the federal reserve. investors are waiting for day one of chair powell's testimony on capitol hill in front of the house where markets are expecting a less dovish message. the employment data coming at 8:15 eastern ahead of powell's testimony at 10:00. chair powell heads to the senate tomorrow before the u.s. payrolls report on friday. we touched briefly on this. will the data confirm the boom or not and give the chair of the federal reserve more space to breathe? lisa: i like that you point straight to the data and not what powell will say because that is how deemphasized he feels to everyone who will come out and try to say words and not try to say much of anything and then we will look to the data. that will ultimately be the question. we see the weakness that the ism data seemed to suggest transfer or or another 300 something trend, what about revisions come about hours worked? are people working more hours which me

francine: in this episode of "leaders with lacqua," i speak with bruce flatt about the secrets of his success, the outlook for commercial real estate, and his own future. bruce flatt,ch for coming on "leaders." bruce: how are you? francine: i'm great, i am speaking to you. brookfield has gone from, like, strength to strength. if i was a martian meeting you for the first time, how would you describe your company? bruce: we invest in, buy, and own the backbone of global economy. when the water gets delivered to your house, the roads you drive on, the pipeline that brings different things to your community, the telecom towers that transmit your phone, the data center, the real estate that you live in. it is what we own and build. so it is really what drives the economy, and you do not often see our name. francine: is that a good thing or a bad thing? bruce: you know, it is just because we are behind the scenes, but it is big with a trillion dollars of assets almost. we are behind a lot of the things of the global economy. francine: being low-key, you think it gives you strength? bruce: w

francine: in this episode of "leaders with lacqua," i traveled to venice, where nancy pelosi was a special guest at the dvf awards, a charity event recognizing women leaders. i asked her about the divisions in america, the democrats' chances at next year's presidential election, the biggest geopolitical threats, and what she's learned for more than 35 years in public office. speaker pelosi, thank you so much for speaking to bloomberg. you're one of the most recognizable and also one of the most admired politicians out there. what did you learn in the last 40 years about leadership in politics? nancy: well, i've learned a lot about leadership for a very long time, observing it in others, recognizing what is needed to get the job done. and i always define it in this way, know your "why." you have to know why you're doing this because you will be under attack, that's for sure. know, your "why," know what you're talking about. know how to get it done. think in a strategic way, and then that's all up here, and then also connect directly with people. if you can show them how important what you'r