One is something that we can all benefit from. When alex started writing this book, im sure, he wasnt exactly expecting it to be released in the midst of a pandemic. However, in my view, this topic could not be more relevant especially these days when so many of us are forced to have that day one mentality. So to help us kick off, alex, id love to ask you what you found to be so important about this topic that you wanted to focus your sights on really going deep, interviewing some of the leading ceos and also workers at all levels of Tech Companies. How does it fit into your overall journey. Yeah. So im a reporter here in silicon valley, and i cover the tech giants. And im a reporter that comes in with a slightly different background. Instead of going the journalism school, i studied Industrial Labor relations. And sort of put that in the back of i my mind, but really ive always focused on culture, organizational behavior, how companies are led, how work is structured. You know, thats
Host im excited t. We got our members from across the world joining us for this conversation. Ive been talking about it nonstop over the last few days to the point of annoying quite few friends. But were all very, very excited to learn from you today. So, to remind everybody the context of our conversation today, together with alex, were going to be learning how to compete in a world where no advantage is safe. So this concept of always day one is something we can all benefit from. When alex started writing the book im sure he wasnt exactly expecting it to be released in midst of a pandemic. However, in my view, this topic could not be more relevant especially these tase when so many of us are forced to have that day one mentality. So, help us kick off alex id love to ask you, what you found to be so important about this topic that you wanted to focus your sights on really going deep and the leading ceos and Tech Companies, what guest really ive always focuses on culture, organizationa
Vonnie the nasdaq its office lows. Is off its the s p 500 down 2. 5 . The worst performer right now is pvh, performing pretty poorly, down about 15 . Many of the Energy Companies are lower, as well. Y runhas been such a whipp for them. Netflix is the best performer today, holding onto games of 4 plus. After the dismal Economic Data which we were anticipating, but still a sticker shock, the 10 year yield is at 65 basis points. I want to point out, ray dalio said a moment to on Bloomberg Television you would be crazy to own bonds. Go back and have a look at that interview if you want to hear more. The vix a little more elevated once again today. Guy lets get some more insight into what is happening on these markets. We are joined on the phone by graham secker, Morgan Stanley equities strategist. Equity markets a little whippy, as vonnie said. How do you see the riskreward right now . Graham good afternoon. From a european standpoint, we dont really like the riskreward here. We thought it
Global coronavirus cases top 2 million. Germany is set to start loosening the lockdown for next week, and President Trump will unveil guidelines to reopen today. European futures turned positive despite historic declines in retail and factory gauges, sinking stocks on wall street. Attention turns to todays jobless claims. Plus, wti crude at an 18 year low amid a record collapse in the u. S. Fuel demand. Washington is considering paying drillers to leave oil in the ground. Just under an hour away from the start of cash trading. Nymex crude still under 20 a barrel, but rising today. We see futures doing the same, regardless of where you look. European futures are up half a percent. On dax a percent futures, quarter percent on ftse futures. Dow jones, s p, and nasdaq many contracts all showing a little bit just the slightest 10th of a percent of a game today. Anna . Anna lets talk about the breaking news from european corporates. The travel and leisure sector in focus when it comes to the
Legacy energy source. Senator udall of new mexico and i have an amendment that will close a loophole in federal Energy Policy. I want my colleagues to know, and i think they do, of my long support for renewable and alternative sources of energy and so i agree with the aims of the murkowskimachin murkowskiy bill. The amendment that senator udall and i have introduced is the same as the bipartisan bill we introduced last week. The title of that bill is the fair return for public lands act. Mr. Grassley this bill was introduced 100 years to the date of the mineral leasing act of 1920. This amendment would increase the royalty rates on federal lands from 12. 5 to 18. 75 . Everybody here knows that a royalty is what the oil company will pay to a mineral owner. In this case the mineral owner is the american taxpayer, and that royalty is paid for the right to extract oil and natural gas from the lands of the United States. The legislation modernizes the public lands leasing system and it does