Latest Interviews
Showing 1036–1050 of 1,615 transcripts.
Clear all filters- Milken Institute1h 16m
U.S. Overview: Will Recovery Prevail?
Ross DeVol, Monty Bennett, Juan Enriquez, Fred Hochberg, Judith McKenna, Bluford Putnam
A panel of economic experts analyzes the mixed signals of U.S. growth in early 2016, where weak Q1 GDP and corporate profit declines were partially offset by a resilient housing sector and significant household savings from lower gasoline prices. While stagnant wage growth and regulatory constraints like Dodd-Frank continue to dampen capital goods orders and business confidence, the consumer remains a bright spot driven by deleveraging and the incoming spending power of Millennials. Long-term prospects rely on innovation to sustain a projected 2% growth cap, with global commodity stabilization and the U.S. role as a swing producer expected to support export-driven gains in the service sector.
- Milken Institute56 min
Outlook for High-Yield and Leveraged Finance
Tom Braithwaite, Christopher Boyle, Peter Budko, Henry Chyung, Robert Kricheff, Andrew Whittaker
Global macroeconomic analysis characterizes the current environment as a late-stage credit cycle driven by unprecedented central bank interventions, including negative interest rates and massive sovereign debt issuance, which have created a distorted market feedback loop. Analysts observe a sharp bifurcation in high-yield securities where defensive sectors outperform cyclical energy and mining industries facing significant downgrades, while passive investing amplifies short-term volatility and liquidity illusions. Consequently, investment strategies favor active management and diversification to navigate the risks of over-leveraged balance sheets and potential default spikes, as financial engineering rather than organic growth currently underpins market expansion.
- Milken Institute1h 0m
Governors Address Challenges Facing States
Eric Schmidt, John Hickenlooper, Terry McAuliffe, Rick Scott, Scott Walker
Governors Rick Scott, Scott Walker, John Hickenlooper, and Terry McAuliffe convened to discuss distinct state-level strategies for economic growth, ranging from Florida's tax-cut model and Wisconsin's fiscal stabilization to Colorado's workforce adaptability and Virginia's international trade focus. Despite operating in opposing partisan environments, these leaders emphasized a unified shift from job creation to filling vacancies by prioritizing apprenticeships, dismantling federal mandates on healthcare and infrastructure, and challenging anti-capitalist sentiment through high-wage employment. The panel concluded that states must serve as "laboratories of democracy" to craft granular solutions for environmental and social issues while advocating for federal devolution of authority to maximize efficiency in workforce development and public safety.
- Milken Institute1h 1m
The Blockchain: A Revolution You Need to Understand
Marc Hochstein, Brian Forde, Jalak Jobanputra, Leanne Kemp, Margaret Liu, Steve Wager
A diverse panel of academics, venture capitalists, and regulators from the MIT Media Lab, Future Perfect Ventures, Everledger, and the Conference of State Bank Supervisors examines blockchain's potential to reduce financial friction through decentralized ledgers and instant settlements. The discussion details specific use cases in diamond supply chain integrity and global identity while contrasting the trade-offs between public permissionless networks and private regulatory-friendly architectures. Ultimately, the group projects that while energy consumption and AML compliance remain critical challenges, the technology is transitioning from experimental concepts to production-ready infrastructure for securities and commodities by 2017.
- Milken Institute58 min
Solving the Global Water Challenge
Diane Regas, Christine Cioffe, Monica Ellis, Robert MacLean, Seth Siegel, Gary White
A panel of experts from Water.org, PepsiCo, and California American Water analyzed the global water crisis, highlighting that 660 million people lack basic water access while developed nations face aging infrastructure and pollution. The discussion detailed how innovative financial models like Water Credit leverage private capital to serve low-income populations and how agricultural reforms in places like Israel offer scalable solutions for the 70% of water used globally for farming. Ultimately, participants argued that shifting focus from the cost to the value of water, combined with desalination and climate resilience strategies, is essential to bridge the gap between humanitarian aid and sustainable commercial finance.
- Milken Institute58 min
The Future of Retirement: Redefining Work, Leisure, Money, Purpose and Success
Ina Jaffe, Ken Dychtwald, Paul Irving, Andrew Sieg, Jacqueline (Jackie) Wong, Andy Sieg, Jackie Wong, Martha Minow, Paul Hanson, Judy Woodruff, Nelson Carbonell
A panel of global experts and industry leaders, including Andy Sieg and Ken Deichwald, converges to address the transformative impact of rising life expectancy, which is driving a shift from traditional retirement to a "longevity economy" valued at $7.1 trillion in the US alone. Speakers highlight critical challenges such as ageism, a misaligned healthcare infrastructure, and the "sandwich generation's" dual caregiving burdens while proposing solutions like gerontology-certified financial advising, flexible re-employment policies in Singapore, and democratized lifelong learning models. The discussion ultimately frames this demographic shift as a cultural imperative, urging a transition from viewing retirement as disengagement to embracing continuous work and intergenerational engagement to sustain economic and personal well-being.
- Milken Institute56 min
Harnessing Technology for the Future of Cities
Michael Burke, Brogan BamBrogan, Dale Bonner, Eric Garcetti, Artie Minson, David Plouffe, Mike Burke
At a panel featuring Mayor Eric Garcetti, technology leaders, and urban planners discussed strategies to guide global urbanization through public-private partnerships and innovative infrastructure projects like the Hyperloop. Los Angeles served as a primary case study for utilizing open data, the "Go LA" multimodal app, and Measure R tax revenues to reduce unemployment while addressing the challenges of aging transit systems and housing shortages. The discussion concluded with urgent recommendations for governments to rapidly modernize regulatory frameworks and financing models to accommodate autonomous vehicles and shared mobility, ensuring cities do not lose economic competitiveness to evolving private sector solutions.
- Milken Institute1h 4m
Jobs and Technology: Is Any Job Truly Safe?
Dennis Kneale, Michael Chui, Martin Ford, Alan Krueger, Kate Mitchell
A panel of experts including Martin Ford, Michael Chu, and Alan Kruger analyzes the convergence of automation, offshoring, and the gig economy, projecting that 45% of job activities and 90% of news writing will soon be automated while traditional employment stagnates. The discussion highlights a looming 2030 skills crisis in manufacturing and demographic shifts that demand a transition from human labor to productivity-driven growth, raising urgent concerns about wage inequality and the vulnerability of low-skill roles. To address these disruptions, the group proposes policy frameworks ranging from guaranteed basic income and expanded tax credits to decoupling benefits from employment and investing heavily in digital literacy to prepare the workforce for future economic realities.
- Milken Institute58 min
Investing in Sustainable Development
John McArthur, Reyaz Ahmad, Christopher Ailman, Aimée Christensen, David Rae, Michael Perkins, Chris
Leading institutional investors and development finance experts convened to argue that shifting from moral to economic imperatives is essential for mobilizing the estimated $5 to $7 trillion annually needed to fund global sustainable development. Panelists including Christopher Ailman, David Ray, and representatives from CalSTRS and the IFC discussed specific strategies such as carbon pricing, blended capital, and SASB-standardized metrics to navigate regulatory uncertainty and scale infrastructure in energy, transport, and agriculture. The consensus emphasized that achieving these goals requires integrating sustainability into core business models rather than treating it as corporate social responsibility, ultimately aiming to stabilize long-term capital flows through predictable policy frameworks and transparent risk management.
- Milken Institute56 min
ISIS and Global Terrorism: What It Will Take to Defeat Them
Michael Weiss, Nada Bakos, Tony Blair, Lindsey Graham, Brett McGurk
A panel of military, political, and diplomatic experts assessed the strategic evolution of ISIS as it pivots from territorial control to global exportation while integrating European nationals into senior leadership roles. Senator Lindsey Graham advocated for expanding U.S. troop levels to 10,000 in both Iraq and Syria to support indigenous forces, whereas Prime Minister Tony Blair emphasized a generational strategy to counter the ideological roots of radicalization rooted in failed multiculturalism. Despite significant progress in degrading ISIS financial networks and targeting senior commanders, the coalition faces enduring hurdles including Arab hesitation to target the Assad regime, internal instability in Iraq, and a projected conflict duration spanning decades.
- Milken Institute1h 0m
How to Restart the Private Market for Mortgage Credit
Ed DeMarco, Lindsey Johnson, Stanford Kurland, Ed Royce, Bryan Whalen, Stan Curlin
The Federal Housing Finance Agency and Treasury Department are actively accelerating Credit Risk Transfer initiatives to move approximately $5 trillion in mortgage credit risk from government-backed balance sheets to private capital markets. Despite significant growth in volume and investor participation from asset managers and hedge funds, the market faces structural challenges including liquidity constraints, regulatory barriers for banks, and a lack of data standardization that hinders small lender access. Industry stakeholders advocate for legislative reforms to broaden the investor base, expand reinsurance mechanisms, and standardize loan-level data to fully revive the private label securities market and ensure long-term financial stability.
- Milken Institute1h 2m
The Speed of Money: What Faster Payments Mean for Banks, Consumers and the Economy
Jackson Mueller, Daniel Gonzalez, Jordan Lampe, Jane Larimer, Shivani Siroya, Dan Gonzalez
Amidst a highly fragmented U.S. payment landscape involving over 12,000 financial institutions, the Federal Reserve's Faster Payments Task Force is guiding an industry-led transition to enhance settlement speeds and data capacity. This initiative builds upon NACHA's mandatory Same-Day ACH rules while evaluating hybrid network models to meet the 75% of businesses expecting one-hour payment completion without relying on a single dominant rail. Driven by global precedents and technical standards like ISO 20022, the sector anticipates a robust, interoperable real-time ecosystem within three to five years that balances innovation with existing prudential regulations.
- Milken Institute1h 1m
Food Security: Strengthening the Global Supply Chain
Cristina Alesci, Pierre Ferrari, Marc LePage, Kimbal Musk, Martin Short, Kenneth Simril
Executives from Heifer International, Genome Canada, and The Kitchen convened to address the critical challenge of feeding a growing global population while mitigating climate change impacts. The panelists outlined a strategic shift away from unsustainable industrial commodity farming toward localized systems, genomic breeding, and protein alternatives that enhance smallholder productivity and nutritional security. Speakers emphasized that achieving these goals requires systemic regulatory reform, advanced infrastructure to reduce food waste, and economic incentives to internalize the environmental costs of current agricultural practices.
- Milken Institute59 min
Impact Investing: Where Are the Deals?
Amit Bouri, John Chiang, Tony Davis, Giles Gunesekera, Deval Patrick, James Gifford, Shiran
Industry leaders from TIAA, Bain Capital, Inherent Group, and the California State Treasurer's office convened to address the critical gap between high consumer interest and the slow deployment of capital in impact investing. Panelists detailed strategic approaches to scaling growth and control investments through specific sectors like affordable housing and inclusive finance, while highlighting the urgent need for standardized measurement frameworks like IRIS to harmonize market expectations. Looking forward, the discussion emphasized that demographic shifts, particularly the impending $40 trillion inheritance by Millennials and increased female financial control, will drive the adoption of regenerative capital models alongside policy reforms to unlock additional tax incentives.
- Milken Institute58 min
Does Capitalism Need Saving?
Peter Passell, Tyler Cowen, Diana Farrell, Alan Krueger, John Taylor
Distinguished economists including Tyler Cowen, Alan Krueger, and Diana Farrell convened to address the U.S. stagnation in wage growth, rising inequality, and the structural vulnerabilities of the middle class. The panel debated critical policy levers such as education reform, universal basic income, and minimum wage adjustments, while highlighting how occupational licensing and reduced competition hinder labor mobility. Ultimately, the discussion emphasized that addressing a fifteen-year productivity slowdown and managing the disruptive effects of automation and immigration are essential for restoring long-term economic prosperity.