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Speaker 1: As time for a look at the markets. It's been

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Speaker 1: a huge week for US tech companies Meta, Microsoft, Apple, Amazon,

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Speaker 1: and Tesler all reporting this week. Mark listener is from

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Speaker 1: Craig Investment Partners and he's with me right now. Hello. Mark.

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Speaker 2: Gooday, how are you going, Andrew?

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Speaker 1: I'm good. What are you expecting from these particular companies results?

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Speaker 2: Well, I expect them to look solid. We won't hear

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Speaker 2: from quite all of those ones you mentioned this week. Meta, Microsoft,

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Speaker 2: and Tesler will report on Wednesday, so we will hear

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Speaker 2: from them on Thursday morning New Zealand time, and then

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Speaker 2: Apple will follow the next day, so Thursday and the

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Speaker 2: US Friday and New Zealand. I think Amazon might be

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Speaker 2: a week after that. In Nvidia, which is obviously the

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Speaker 2: highest profile of all of them, will be next week

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Speaker 2: as well. But still, you've got four of the Magnificent

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Speaker 2: seven reporting this week, and they represent those four collectively

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Speaker 2: about eighteen percent of the S and P five hundred

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Speaker 2: by size. Where they go the US share market goes.

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Speaker 2: They've obviously been performing exceptionally well over the last few years,

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Speaker 2: and if the reporting season so far is anything to

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Speaker 2: go by, and the performance of these companies in recent quarters.

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Speaker 2: I think you'll see some solid numbers and it should

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Speaker 2: look very impressive.

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Speaker 1: So Mediteza and Amazon, their bosses have been courting favor

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Speaker 1: that the original question was publicly sacking up to. But

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Speaker 1: I thought that was a bit vulgar personally, So I've

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Speaker 1: decided their bosses have been courting favor with Donald Trump.

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Speaker 1: Would you expect their businesses to get a significant boost

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Speaker 1: from his presidency?

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Speaker 2: Well, look hard to know. I don't think there's anything

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Speaker 2: too specific in the policy settings that we're expecting from

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Speaker 2: Trump to impact them dramatically. To be honest, these businesses

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Speaker 2: are all in pretty good shape already, and they are

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Speaker 2: marching to the beat of their own drum, and they

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Speaker 2: are all in fundamentally good shape. So maybe it's just

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Speaker 2: a wise or a student move on their part to

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Speaker 2: make sure they're in the good books with the current

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Speaker 2: regime as a bit of an insurance policy. But I

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Speaker 2: don't think there's anything completely obvious that we'll see out

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Speaker 2: of the Trump potential policy playbook that will will dramatically

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Speaker 2: change the landscape. It's more about the US economy, and

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Speaker 2: it's about the growth in AI and what's happening in

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Speaker 2: these individual businesses. But they're all exceptionally good companies that

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Speaker 2: have been performing very very well.

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Speaker 1: Well, I'll give you an example of the Trump playbook

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Speaker 1: in just a few moments time. We're calling it the

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Speaker 1: biggest flip flop in history, but I'll have details for

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Speaker 1: that right after you. One final question. The Fair Reserve

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Speaker 1: have their next interest rate decision on Thursday morning, our time,

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Speaker 1: and what are you expecting.

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Speaker 2: I think they will pause, So I think they will

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Speaker 2: do nothing with interest rates, which is kind of interesting

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Speaker 2: because they you go back to the middle of last

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Speaker 2: year and their OCR the equivalent, was at five and

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Speaker 2: a half per cent, same as US. We've obviously been

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Speaker 2: coming as have they. We've ended up at four and

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Speaker 2: a quarter and will be in the threes but within

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Speaker 2: a month's time, because we'll cut another fifty in February.

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Speaker 2: But they're down at four and a half, and I

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Speaker 2: think they'll stop here and just hold the line for

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Speaker 2: a little while. You know, you will see a couple

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Speaker 2: more cuts over the course of this year, but they're

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Speaker 2: going to go a lot slower. So you've got that

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Speaker 2: unusual situation where the US OCR is higher than that

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Speaker 2: of New Zealand, and that's unusual. You don't see it

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Speaker 2: very often, and I think that's why the currency is

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Speaker 2: obviously in the doldrums.

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Speaker 1: Absolutely I get that because you can put your money

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Speaker 1: in a place that can get more interesspect Hey, Mark,

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Speaker 1: listen from Craig Investments Partners. I thank you so much

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Speaker 1: for your time today.

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Speaker 2: For more from Hither Duplessy, Allen Drive, listen live to

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