- In today’s CEO Daily: Diane Brady on the mood at the Milken conference.
- The big story: Trade talks between the U.S. and China have been scheduled.
- The markets: Asia is up but Western markets are down.
- Analyst notes from Wedbush on the movie tax, Ark Invest on SpaceX, Oxford Economics on services, and Macquarie on China.
- Plus: All the news and watercooler chat from Fortune.
Good morning. The mood at the annual Milken Institute Global Conference felt surprisingly emotional this year. There was founder Michael Milken’s keynote address, only his third since the gathering began in 1998. He spoke about investing in children, partnerships, and the American dream. I moderated a conversation about creativity, innovation, and luxury in which I saw architect/designer Thomas Heatherwick move at least one audience member to tears with his discussion of human-centered space while getting a little choked up himself by praise from hotel pioneer Ian Schrager. In another conversation with Middle East investors and leaders, I was struck by the panelists’ desire to invest in their own region and people.
