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Speaker 1: So tomorrow, of course Wednesday, are the pressures on the

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Speaker 1: new Reserve Bank fill and governor. Although given it's a committee,

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Speaker 1: he in theories more the messenger we have it is

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Speaker 1: reported increased calls for a fifty point cut. Now why

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Speaker 1: are because things are not flash? A lot of commentary

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Speaker 1: if you read business results in the current reporting season,

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Speaker 1: tells us the recovery is underway. Things are looking better,

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Speaker 1: and certainly we can see, for example, retail spending numbers

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Speaker 1: produced just last Friday for the opening quarter of the

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Speaker 1: year are up and in some parts of the sector

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Speaker 1: up quite a bit. We've seen manufacturing expanding for several

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Speaker 1: months in a row. So those are you effect based statistics.

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Speaker 1: The other measures like confidence, we see drops, we see

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Speaker 1: people in the doldrums. But that's a vibe, I mean,

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Speaker 1: can you find people who are in the doldrums? Of

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Speaker 1: course you can. But does a vibe lead to a

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Speaker 1: lack of action or a lack of spend or do

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Speaker 1: we just say one thing and do another. We also

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Speaker 1: read a lot about this uncertainty. The uncertainty is of

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Speaker 1: course Trump. Trump is increasingly seen as insane and it

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Speaker 1: may well all end in tears, I mean threatening Europe

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Speaker 1: one day, then delaying it all till July. Against this,

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Speaker 1: the Reserve bank governor has to work out is it

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Speaker 1: twenty five or is it fifty points? If it's fifty,

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Speaker 1: does that gs all up? And out we go and

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Speaker 1: fire things up and then the next thing, you know,

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Speaker 1: inflation's sparked up. Does he go twenty five and hint

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Speaker 1: at another twenty five and maybe even another twenty five?

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Speaker 1: What does he say about inflation? And it's uptick already,

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Speaker 1: not just here but globally. Do we have the growth

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Speaker 1: to support any such uptick? Is the uptick driven by

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Speaker 1: actual activity? Or still people just putting up prices? As

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Speaker 1: somebody said, who on earth would want to be a

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Speaker 1: reserve bank governor? And our one isn't even under the

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Speaker 1: constant threat of being sacked. We do think the Good

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Speaker 1: Lord indisputably have an export lead recovery of sorts, meat, wine,

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Speaker 1: Can we fruit? They're doing the business. But that's over there,

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Speaker 1: I mean over here, We're still in a funk. So

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Speaker 1: what to do? Your move? Christian? No pressure? Then? For

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