Good morning. When I listen to Senator Ted Cruz talks with Tucker Carlson Iranian regime change caseI recalled it on the University Debate Tour. In a few years of judgment and competition, I have had the opportunity to see future leaders like Boris Johnson, Justin Trudeau, Chicago Fed President Austan Goolsbee and Cruz. I said, don’t brag – I once won the National Debate Championship in Canada despite defending the CFL’s right to exist – but shared some of the lessons I learned from top debaters.
Nowadays, every CEO is under pressure to take a stand on polarization or topics that may not be well understood by them. Cruz-Carlson Interview is a Case Study no Do.
Debate is about the art of persuasion. In the parliamentary debate competition, you will get a resolution and have 15 minutes of preparation. If you are in objection, you don’t know how the “government” will interpret the resolution until the first spokesperson opens his mouth – like in an interview, you don’t know what problems or facts will be next.
Your knowledge of the subject is usually less important than the ability to convince others that the opponent is an idiot. (Of course, it would be a “ad hominem” attack – it’s actually a poison gas, which technically violates the rules. When the topic is sad, you try to make them laugh and get choked when the topic feels bad. It’s a great training ground for populists.
If you are going to take a controversial position or undermine the status quo, do your homework. For example, if you think the United States shouldn’t bomb it, there’s little knowledge of a country. The bar is higher when it comes to proposing reasons for war. Not knowing the population or source of biblical references of the country you are using is to justify a bold position and can give a citation impression successionyou are not a serious person on a very serious topic. You risked defensiveness, skinny skin tone and anger – falling a lot of people during the debate phase. When Cruz accuses Carlson, when “you have no facts to make reckless remarks”, you invite the audience to reflect on how both sides are performing in this regard. More news below.
Contact CEO every day through Diane Brady diane.brady@fortune.com
Top news
White House to give Iran two weeks to negotiate
The President is Stick to his decision Bomb Iran. “Based on the fact that there is a possibility of substantial negotiations with Iran in the near future, I will decide whether to do so in the next two weeks,” the White House said.
Goldman Sachs warns of ‘big and beautiful bill’ budget consequences
Goldman Sachs analyst explain This week, President Trump’s “big and beautiful bill” passed by House Republicans will keep the U.S. budget on a “unsustainable” path. “In a strong economy, the main deficit is much larger than usual, and the debt-to-GDP ratio is approaching higher after (World War II),” analysts said.
Trump says there are too many holidays
“Too many non-working holidays in the United States” He posted yesterdayin June. “It cost our country billions of dollars in losses to shut down all of these businesses. Workers don’t want it either! Soon we ended up on every working day of the year. Reality check: Very few in the United States in the United States Compared with other countries.
President insults Powell
Trump once again vented his anger at Fed Chairman Jerome Powell because he did not lower interest rates. He said on the truth social: “It’s too late’ Jerome Powell lost hundreds of billions of dollars in losses. He is indeed one of the stupidest people in the government, the most destructive people, the people in the government and the Fed Commission are co-conspirators. Europe has 10 cuts, we don’t. We should have lowered 2.5 points. We should have lowered 2.5 points and saved Biden’s short-term debt billions of dollars in short-term debt.
Trump gives Tiktok another 90 days Before being forced to sell its U.S. business and Republicans Dissatisfied with this.
Improve productivity for younger generations
Asian executives are struggle Workday productivity slowdowns and Asia Pacific president Simon Tate said one solution to the problem could be to give younger generations more power in the workplace. “We just mistakenly thought they were too young and had no good ideas,” Tate pointed out.
The struggles of the luxury industry
New Bain Company Research issued On Thursday, the luxury goods industry fell 3% in the first quarter of 2024 compared with the same quarter last year. Claudia D’Arpizio, one of the authors of the report, told wealth Part of the problem is balancing the exclusive nature of luxury goods with the younger generation who want to buy online.
More and more companies hold Bitcoin on their balance sheets
foot Report: “The amount of Bitcoin held by companies has increased by nearly 170% over the past year. According to data from BitCointReasuries.net, a total of about 130 publicly traded companies have $87 billion in Bitcoin.
Spain’s power outage has nothing to do with renewable energy
Remember when the Spanish grid failed a few weeks ago, everyone said it was because they were too dependent on solar energy? It turns out to be garbage. When other suppliers (mostly gas fuels) fail to balance supply, causing the entire network to travel Bloomberg says.
market
- Due to national holidays, there was no transaction in the United States yesterday S&P 500 Futures Today’s opening clock fell 0.3%. this vix The volatility index fell by 6%. Bitcoin Returns over $106K. South Korea kospi This morning rose 1.48%. From Hong Kong Hang Forest Increased 1.26%. from India Nifty 50 Increased by 1%. China’s SSE composite materials It’s flat. this Stoxx Europe 600 Early trading grew by 0.6%.
From the analyst
- The Federal Reserve’s Oxford Economics: “The significant change in the statement after the (Federal) meeting is that uncertainty about the economic outlook’s has decreased, but is still increasing. Despite a clearer clarity on the potential composition of fiscal plans, uncertainty in tariff policies may shift instantly.
- Goldman Sachs of the Federal Reserve: “We continue to expect only one cut in December this year, followed by two more cuts in 2026, with a final rate of 3.5-3.75%. While there may be earlier cuts, we continue to expect that the highest tariff impact on monthly inflation will occur in the summer and FOMC participants will want to be less distance from them before continuing to lower the rates,” David Mericle and the team. ”
- UBS in Iran conflict: “The situation in the Middle East may increase market uncertainty, with signs that the U.S. may be ready to launch an attack on Iran. Although there are obvious consequences of escalating military operations in the absence of meaningful disruptions to oil supply (or transport), the economic consequences are limited, but Paul Donovan is limited.”
Around the water cooler
Revived air travel and strategic acquisitions help SAT climb 100 places in Southeast Asia 500 Lionel Lim
Past activity horizons? Sam Altman of Openai said so. New AI research supports him Jeremy Kahn
Nearly a quarter of Americans “functionally unemployed”, highlighting the main cracks of the labor economy By Brit Morse
After the low-key Walmart heir saved nature (while making a profit), helping him survive a rare cancer diagnosis, Eleanor Pringle
CEO Daily is edited and edited by Joey Abrams and Jim Edwards.
