i'm erik schatzker, here with walter isaacson. it is unavoidable.o a degree hijack your event. this event has always been great , turning, pivoting and responding to local event and this is the biggest we have seen in quite some time. you are going to be talking to secretary of state john kerry in about an hour's time and exit is on the agenda. what do you want to know? big tremor and a we began the session by talking about how in 1949 on this very campus, some of the great institutions of globalism started coming up, whether was the world bank, bretton woods, the world bank -- the imf, and now the era of globalization seems to be over and that's because the belief in free trade, the free movement of people, immigration, that technology will make us that are, that lost popular support. i'm going to talk to the secretary of state to talk about what you can make sure to make sure global capital markets are more inclusive. if you are going to keep leaving people out of prosperity, you are going to keep having exit votes. you used an important word -- s

walter isaacson is here. mike is the hardest working here.won the stanley cup last night. an nba champ tonight. the yankees are batting .500. is that good enough? >> i've got a big smile already. >> what walter is saying is pretty much it. the fact that countries are thinking about this makes the inevitability inevitable. think about this real quickly. if you ask somebody where are you from, new jersey, texas, but broadly speaking when they answer the question, i'm american. when you go to europe, they're either from a great britain, ireland, tlauns. they don't view themselves as europeans. this experiment that took place about 20 years ago, to me is a failed experiment and is starting to unravel now. you're going to see it increase. and it is going to continue to ratchet lower. is that supportive, mike, to your point that people are going to look to u.s. assets period of whatever? >> they will. the question is at what level the buying come back in. i do think what we're talking about in general leaves them. on this cycle of looking for the n

my friend walter isaacson who is a remarkable storyteller tells the story of albert einstein. to the u.s. to flee nazi germany, and he wrote a letter to his son during the height of the mccarthy era in which he expressed fear. what is going on in the united states of america? 'tis witchhunts for common as. what is going on with american values? this feels like hitler. and did he wrote another letter on why later in which he talked about the united states ability to course correct. this is what he said to his son. there's something amazing about america's democracy. it's got a guy with scope, just when you think it's going to go off the cliff, it rights itself. -- gyroscope it rights itself because of people like you. you are the gyroscope that gives us the collective power of we that ensures that we do live e. pluribus unum common factor in despite the naysayers, i continue to remain as optimistic as ever because every other time we've confronted these challenges in our nation's history, we have had the gyroscope. you are the gyroscope. we've had three murders about our nation

and plus we've got walter isaacson.lk about all of these issues you have been batting around this morning. >> becky, thanks very much. >>> and joining us is -- at pimco. good morning and thanks for being with us so early. june has started but markets have been in this holding pattern from stocks to oil to currencies even. we're all awaiting more indication whether that's from o beck or the fed. what is going on the driving stocks this summer in your opinion or the broader markets? >> i think it is going to be a combination of the fundamental data, fed communication and obviously central bank policy action. the data has been improving. you are seeing that reflected in oil prices and stocks are near all time highs. the fed has indicated in communications that it's inclined to continue the rate hike cycle and of course last summer that got derailed because of market selloff. so i think we'll all be looking to see how markets bounce off solid data against the fed inclination to begin hiking will be the key drivers. >> rich

love being a journalist, i loved working for walter isaacson. the kind of personality i wanted to go deep. i have a little bit of may an academic streak in my personality. as i looked around the world and saw what was going on, i said it would be fascinating to know more about china. i moved to their. -- there. i would never haven't is a paid i would fall in love with the country. i never would have anticipated i would've fallen in love with the country. i was very opportunistic. i was the tech editor of "time." i had seen what happens when you have a giant force that emerges and changes the rules of the game. charlie: as it did in technology. joshua: i looked covering that. i looked around the world and said, what other stories are like this? in 2000-2001, it seemed like china. it has done that. charlie: you'd went over there to do what? joshua: i do i wanted to leave journalism and get into the commercial world. i also needed to learn the language. i took a year sabbatical. i didn't know what i would do at the end. i was lucky enough to get it

former socom commander bill mcraven, and walter isaacson. we have additional innovators lined up. stay tuned. they will begin their work over the summer. i expect to receive their first recommendations in the fall. among other things i have charged them with helping keep the secretary of defense to keep dod helping to keep the imbued with a culture of innovation and -- in people, organizations, and technology. to support people who innovate. support those creative figures in the department willing to try new things, fail fast and innovate and iterate and ensure that we are always doing everything we can to stay ahead of potential adversaries. i stress innovation in people because as good as america's technology is, it is nothing compared to the people. they are the key reason why the military is the finest fighting force in the world. in the future we have to continue to recruit and retain the very best talent for what is after all, and all volunteer force. that is why we are building what i call the force of the future, to ensure amidst all of the changes in generations, technolo

former commander admiral build bill mcraven, and walter isaacson. we have additional innovators lined up. stay tuned. they will begin their work over the summer. i expect to receive their first recommendations in the fall. among other things i have charged them with helping keep the secretary of defense to keep the dod imbued with a culture of innovation and -- in people, organizations, and technology. to support people who innovate. support those creative figures in the department willing to try new things, fail fast and innovate and iterate and ensure that we are always doing everything we can to stay ahead of potential adversaries. i stress innovation in people because as good as america's technology is, it is nothing compared to the people. they are the key reason why the military is the finest fighting force in the world. in the future we have to continue to recruit and retain the very best talent for what is after all, and all volunteer force. that is why we are building what i call the force of the future, to ensure amidst all of the changes

walter isaacson of aspen institute.e to let you guys and talk much more about these topics. >> fun co-hosting with you. >> thank you guys very much. back over to you guys. >> all right, kelly walter, appreciate that. just a quick note here. microsoft stock up $1.13, or just over 2%. well, as the market rises for a second straight session, how much more spring may be left in the market's post-brexit step? i didn't even practice that. let's ask the trading nation, max wolffe, erin gibbs with s&p global. erin, i'll begin with you. it's hard to say the market, unless you buy the s&p 500, because the market is a lot of different companies with a lot of different headwinds and tailwinds and issues, but if you look at the macro picture, how does it look? >> so, for the long-term, i say, absolutely, look, u.s. equities are still the best house on a bad street in this world of global deflation, low interest rates, it's still going to be one of the better places to put your money. in the short-term, i think there's still a little

my friend, walter isaacson who is a remarkable story teller, tells the story of albert einstein coming to the united states to flee nazi germany and wrote a letter to his son during the height of the mccarthy era and expressed fear. what is going on in the united states of america? these witch hunts for communists. this feels like hitler. then he wrote another letter a while later in which he talked about the united states' ability and this is what he said to his son: there is something amazing about america's democracy. it has a gyrooscope and when you think it is going off the cliff it rights itself. it rights itself, my friends, because of people like you. you are the scope that makes your we do live [speaking native tongue] >> i continue to remain as optimistic as every because every time we confronted these challenges in the history of the united states we had the gyroscope. we have had dreamers throughout the nation's history and dreamers are not simply a group of people seeking status and citizenships. dreamers are who we are as a nation. dreamers are the value of our nation. th

. >> so benjamin franklin, for instance, in walter isaacson's biography is really this kind of genius he donist, and, you know -- hedonist, and not all of the founders were absolute saints. so what do you really see, what's been the turn in virtue in america that has been kind of walked away from? >> i don't think it's very easy to pinpoint it. i think that, roughly speaking, it started in the '60s, basically. but it's a trickle down from the '20s and the '30s. i mean, elite schools like yale already turned this corner in the '30s. basically. and europe turned this corner as a result of world war i. they had seen the twin authorities of church and state basically let them down, and, you know, they had lost lives, and they really turned against those authorities in a way. and i think that the same kind of thing happened, it was a loss of confidence in authority to begin with and a kind of is a cynicism or anihilism or something. but i really don't think it reached us until the '60s and the '70s where it really became codified, it became part of, you know, the way we function. and so it

one of my favorite people is walter isaacson and he's a remarkable storyteller. he tells the story of albert einstein, who came to the u.s. from germany the year hitler tok power. and during the mccarthy era, walter tells the story of a letter that einstein wrote to his son, because he was very worried about the direction of this nation, the united states. he felt like mccarthy was no different than hitler. and he said he'd seen it before and he was worried he was going to see it again, because that brand of hysteria was all too familiar. and then, as the movement fizzled, he wrote another letter to his son and said, and i quote, "there's something amazing about america's democracy. it's got a gyroscope and just when you think it's going to go off the cliff, it rights itself." but here's the thing about the gyroscope, my friends, it doesn't kick into high gear by accident. the gyroscope re-centers us only when we come together. it takes all of us standing together to help keep america moving toward the best america. it takes the collective power of we, the two-let

i love being foreign editor of time, particularly for walter isaacson. i had the kind of personality that i wanted to go deep. i had a little bit of maybe an academic streeblg in my personality. as i looked around the world and saw what was going on, i said you know, it would be fascinating to know more about china. i moved there. what i could never have anticipated is i would fall in love with the country, that it would be as gripping as it is, that i would have the chance to do what i wanted to do. but everything i wanted when i left journalism which was to really understand the complex-- why do you think that. >> i think when i looked around the world. hi been the tech editor of time, and i had seen what happens when you have a giant force that emerges in just totally changes the rules of the game. and i loved. >> as did you in technology. >> as i did in technology. i loved covering that. it was an incredible experience as a journalist. i looked around the world and said what stories are there like this. in 2 thousand and 2001 it seemed china was like

walter isaacson says a gem of a book. "the world according to star wars."lk with cass son steen about on "bloomberg surveillance." ♪ anna: welcome back, everybody. we are in london and new york. --m on a edwards in new yor i am anna edwards in london. tom keene is in new york. xiaomi has bought almost 1500 technology patents from microsoft. it is part of a bigger deal between microsoft and skype being sold on cheramie phones. xiaomi phones. viacom shareholders want new management. sumner redstone removed -- opec ministers say the oil market is moving in the right direction. the cartel is holding its biannual meeting this week in the and a. oil ministers from nigeria and from the united arab emirates signal that our prices -- that lower prices are working. tom: let's look at opec right now. our guest joins us from london this morning, from barclays. what i am focused on is the idea that it is not 1986. it is actually worse. how grim will this meeting be for all of opec? saudi us it is all about sense, given that the market has changed quite a bit since their

. >> soaked benjamin franklin in walter isaacson's biography is this genius hedonist and yet not all the founders were absolute things. what you really see them, what is been the turn of virtue in america that hasn't been walked away from? >> i don't think it's very easy to employ but roughly speaking it started in the 60s basically. it is a trickle down from the 20s and 30s. elite schools like yale already turn this quarter in the 30s. in europe they turn the corner as a result of world war i that they had seen the twin authorities of church and state basically let them down. they had lost lives and they really turned against those authorities in a way. i think the same thing happened with the loss of confidence in authority to begin with. a kind of cynicism or something, but i really don't think it reached us until the 60s and 70s were really became codified in part of the way we function. it's not something to put your finger on but i you do see the media typically tend to be uncomfortably secular. even though they're talking to a nation where most people have some kind of faith,

"new york times" columnist, bernan frank bruni, walter isaacson, and fellow at the council on foreign"the atlantic," graeme wood, who has reported extensively on isis ideology. >> walter isaacson, i'm curious, what's your initial reaction to what you've seen over the last few days? >> this is something to horrify everybody. obviously, there's an islamic extremist terrorist component, but there's an anti-lesbian and gay component, there's an assault and military-style weapons. everything everybody can say, mental health, it's all there. and people try to say, it's this, it's this, it's this. it's all of the above. and that's what we have to try to figure out in a society, is how you can keep a lot of things in your mind at the same time. and say, we have to fight isis. we have to stop the flood of assault and military-style weapons that hit our society, with these, you know, high-volume clips. we have to deal with mental health. and we have to have good domestic intelligence. and we can't demonize any group in our society. >> and it's like you said, frank bruni, this was no more just a

my friend, walter isaacson who is a remarkable story teller, tells the story of albert einstein coming to the united states to flee nazi germany and wrote a letter to his son during the height of the mccarthy era and expressed fear. what is going on in the united states of america? these witch hunts for communists. what is going on with american values? this feels like hitler. then he wrote another letter a while later in which he talked about the united states' ability to course correct. and this is what he said to his son. there is something amazing about america's democracy. it has a gyrooscope and when you think it is going off the cliff it rights itself. it rights itself, my friends, because of people like you. you are the gyro scope that ives us the collective power that makes sure we do live with [speaking latin] >> i continue to remain as optimistic as every because every time we confronted these challenges in the history of the united states we had the gyroscope we have had dreamers throughout the nation's history and dreamers are not simply a group of people seeking status an

one of my favorite people is walter isaacson, and he's a remarkable storyteller. he tells a story of albert einstein who came to the u.s. from germany the year hitler took power. and during the mccarthy era, he tells the story of a letter thattithat i einstein wrote to this son because he was worried about the direction of this nation, the united states. he felt like mccarthy was no different than hitler. he said he had seen it before and he was worried he was going to see it again because that brand of hysteria was all too familiar. then as the movement fizzled, he wrote another letter to his son, and he said, and i quote, there's something amazing about america's democracy. it's got a gyroscope, and just when you think it's going to go off the cliff, it rights itself. but here's the thing about the gyroscope, my friends, it doesn't kick into high gear by accident. the gyroscope recenters us only when we come together. it takes all of us standing together to help keep america moving toward the best america. it takes the collective power of we, the two letter word